In a recent series of events, the
Norfolk Southern Corporation (NSC) observed several ups and downs. The company faced significant changes in leadership with the resignation of Chairman
Claude Mongeau, citing personal reasons. NSC also declared its quarterly
dividend and detailed its financial performance for Q1 2025, reporting an 8% EPS growth and improved operating ratio. Despite experiencing disruptions from adverse weather, the company maintained productivity amid market uncertainty. NSC remained under Wall Street's scrutiny regarding its stock performance, with some analysts pointing to possible underperformance against the Nasdaq and S&P 500. Other analysts maintained their positive outlook, keeping their Buy ratings with raised price targets. NSC was set to present at several key conferences, including the 2025 Wells Fargo Industrials and Materials Conference. It appointed new members to the leadership team, including Brian Barr as Vice President and Chief Mechanical Officer. Finally, NSC faced legal issues, with investors encouraged to contact a national trial attorney firm before a May deadline in a Securities class action.
Institutional ownership remained high at 78% and the company continued to be a favorite among major investors.
Norfolk Southern Corp NSC News Analytics from Wed, 07 Aug 2024 07:00:00 GMT to Fri, 06 Jun 2025 13:21:43 GMT -
Rating 0
- Innovation -3
- Information 5
- Rumor -5
