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NSC · Norfolk Southern Corp

Track NSC — free
Market Cap
$78.15B
Shares
224.61M

Price & Indicators

20d MA 50d MA 200d MA Earnings Filing Insider Congress Investor day
Close$348.68 Open$349.33 Day$346.24–349.55 52W close$272.36–352.98 Avg vol 30d1.2M Short int7.3M · 3.2% float · 6.5d Short vol35% Last earningsJul 23, 2026 DataJan 2020–Aug 2026 Filing10-Q · Jul 23

Up next

Next earnings call
Oct 19, 2026 Est · unconfirmed · in 7 wks
FQ3-26 quarter ends
~Sep 30, 2026 Est
filed Jul 23, 2026

AI Brief

TL;DR.

Bullish
    Bearish

      AI-generated from the earnings call and 8-K · may contain errors · not investment advice

      Equibles Rating

      blended score · not investment advice
      Overall
      Strong Buy
      SellHoldBuy
      Technical Strong Buy Momentum Very Strong Sentiment Bullish Fundamentals Strong Quant / Vol Very Low
      Market backdrop VIX 14.4 · calm Equity put/call 0.62
      Technical
      price trend
      Strong Buy
      50 / 200-day cross No cross
      Price vs 200-day avg +13%
      above
      Price vs 50-day avg +5%
      above
      RSI (14) 60
      neutral
      MACD trend Positive
      52-week position 95%
      near high
      Volume (OBV) Confirms
      volume backs price
      Momentum
      relative strength
      Very Strong
      1-month return +4%
      trailing
      6-month return +15%
      trailing
      YTD return +21%
      this year
      Relative strength +2%
      vs S&P · 6-mo
      Sentiment
      smart money
      Bullish
      Trend (MA cross) No cross
      50d $332 › 200d $308 — 50d above 200d
      Institutional flow Accumulating
      +1% holders QoQ · +135 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      3.25% of float · ▼ -4.3% MoM · 6.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,863 holders — near 3-yr high, broad support
      Squeeze score 62
      elevated · 0–100
      Fundamentals
      Strong
      Revenue growth +7%
      Y/Y
      EPS growth +10%
      Y/Y
      Free cash flow $2.2B
      Valuation P/E 29.7
      in line
      Buyback $6.3B
      remaining
      Balance sheet $15.6B
      net debt
      Quant / Vol
      risk profile
      Very Low
      Volatility 20%
      annualized · 1-yr
      Max drawdown −12%
      past year
      ATR 1.8%
      of price · 14-day

      Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.

      Guidance & track record

      Latest guidance · from the 8-K filed Jul 23, 2026
      Adjusted operating expense · 2026 Non-GAAP $8.8B – $8.9B
      Prior guidance period ended · from the Earnings Call filed Jun 30, 2024
      Operating ratio · second half 2024 64% – 65%

      Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.

      Technicals

      trend & momentum for long-term holders Strong Buy
      0 · 3 · 4
      50 / 200-day cross
      No cross Neutral
      Price vs 200-day avg
      +13% Bullish
      Price vs 50-day avg
      +5% Bullish
      RSI (14)
      60 Neutral
      MACD trend
      Positive Bullish
      52-week position
      95% Bullish
      Volume (OBV)
      Confirms Neutral
      Market signals — smart money & positioning
      Bullish · 3 of 6
      Trend (MA cross) No cross
      50d $332 › 200d $308 — 50d above 200d
      Institutional flow Accumulating
      +1% holders QoQ · +135 funds added
      Insider flow Flat
      No net insider activity over 90 days
      Short interest Falling
      3.25% of float · ▼ -4.3% MoM · 6.5 days cover
      Volume signal Normal
      Volume near normal
      Institution breadth Multi-yr high
      1,863 holders — near 3-yr high, broad support
      Price context
      position in its 52-week range
      Range low $272 Now $349 · 95% Range high $353
      vs 200-day avg +13% vs 50-day avg +5%

      Illustrative technical + ownership context — a signal mix, not investment advice.

      Key metrics

      the company's own KPIs, from written earnings releases and filings
      Metric Latest Period YoY
      GAAP → non-GAAP reconciliation
      GAAP Diluted earnings per share $3.26
      +$0.26 Merger-related expenses, restructuring and other charges, and effect of the Incident
      = Adjusted diluted earnings per share $3.52
      GAAP → non-GAAP reconciliation
      GAAP Income from railway operations 1.12B
      +72M Merger-related expenses, restructuring and other charges, and effect of the Incident
      = Adjusted income from railway operations 1.2B
      GAAP → non-GAAP reconciliation
      GAAP Operating ratio 67.6%
      -2.1% Merger-related expenses, restructuring and other charges, and effect of the Incident
      = Adjusted operating ratio 65.5%
      Operating ratio 64.2% Full Year 2025

      Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period

      Versus peers

      Railroads — same industry group
      Open screener →
      Company Mkt cap YTD Rev growth Y/Y P/E Short % shares
      NSC
      Norfolk Southern Corp
      this stock
      $78.15B +20.8% +6.7% 29.7 3.2%
      UNP
      Union Pacific Corp
      $182.62B +32.9% -10.0% 24.9 4.4%
      CSX
      Csx Corp
      $94.99B +41.5% +17.6% 29.6 1.9%
      CP
      Canadian Pacific Kansas City Ltd/Cn
      $82.74B +27.8% 2.1%
      CNI
      Canadian National Railway Co
      $76.22B +27.5% 0.8%

      Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding

      At a glance

      key data from every section
      Ownership
      Institutional Holders Accumulating
      Holders
      1,863
      % held
      76.4%
      Net QoQ
      +2.2M sh
      Top holder
      BlackRock, Inc.
      Held Float
      View
      Held by Funds
      Fund positions
      711
      View
      Short & Settlement
      Short Interest Falling
      Shares short
      7.3M
      Days to cover
      6.5d
      Change
      -328.0K sh
      View
      Short Volume
      Short vol %
      35%
      As of
      Aug 28, 2026
      Short Total
      View
      Fails to Deliver
      FTD shares
      14.7K
      Value
      $5.1M
      As of
      Jul 24, 2026
      View
      Off-Exchange
      Off-exchange %
      38.7%
      Week of
      Jul 20, 2026
      Off-exch Lit
      View
      Smart Money
      Congressional Trades Buy
      Member
      Alan Armstrong
      Amount
      $1.0K–$15.0K
      Traded
      Mar 27, 2026
      View
      Financials
      Financials
      Revenue (FY)
      $12.2B
      Net income (FY)
      $2.9B
      EPS diluted
      $12.75
      View
      Buybacks
      Authorized
      $10.0B
      Remaining
      $6.3B
      Spent Remaining
      View
      Filings
      SEC Filings
      Latest
      8-K
      Filed
      Jul 23, 2026
      This year
      11
      View
      Proposed Sales
      Value
      $253.4K
      Shares
      900
      Filed
      Nov 19, 2025
      View
      Earnings & Events
      Earnings Calls
      Last call
      Jul 23, 2026
      View

      Performance

      5D 20D 120D MTD YTD
      NSC -0.6% +3.9% +15.3% +3.9% +20.8%
      SPY +0.5% +3.0% +13.4% +3.0% +12.8%
      vs SPY -1.1% +0.9% +1.9% +0.9% +8.0%

      Capital returns

      Latest dividend
      $1.35 / share · ex Aug 7, 2026
      Raised 8.9%
      Paid (TTM)
      $5.40 / share · 4 payouts
      Dividend yield (TTM, derived)
      1.55%
      Buyback program · as of Jun 30, 2026
      Authorized
      $10.00B
      Spent (derived)
      $3.70B
      Remaining
      $6.30B
      Spent Remaining

      Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.

      Key facts CIK 702165 CUSIP 655844108 13F (30d) 1120 filings 1088 filers Visit website Investor relations