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NSC - Norfolk Southern Corp

post #1 of 22
Thread Starter 
chart.ashx?t=NSC&ty=c&ta=1&p=d&s=l
post #2 of 22
Thread Starter 
Nice Lil Pop $$$


Last Trade: 70.26
Trade Time: 3:02PM ET
Change: 4.57 (6.96%)
Prev Close: 65.69
Open: 67.48
Bid: 70.27 x 200
Ask: 70.29 x 100
1y Target Est: 67.75
Day's Range: 66.90 - 70.68
52wk Range: 41.36 - 67.74
Volume: 4,721,557
Avg Vol (3m): 3,692,340
Market Cap: 26.40B
P/E (ttm): 18.78
EPS (ttm): 3.74
Div & Yield: 1.16 (1.80%)



And like I`ve been tellin people, Da Book will be out in 2008, it comes in hard bound with a pocket quick reference issue included for 129.95$ (plus S&H) and I`ve also been getin alot of questions about Da Video and the Hand Puppets, Da Video and the Hand Puppets are not included witt Da Book, there 29.95 each (Plus S&H) and before people start askin, NO you can`t get Da Video and Hand Puppets before Da Book comes out... and don`t ask me why please.
post #3 of 22
Hey guys, check out the rails. All moving well recently.
post #4 of 22


Thought it needed an update. Chart looks very bullish.
post #5 of 22
Quote:
Originally Posted by Bull View Post


Thought it needed an update. Chart looks very bullish.
Anybody currently own any stock share or stock option of NSC?
post #6 of 22
BUMP

BUMP


Calls time.. earnings April 27th..

CSX beat so i expect the same. charts are bullish.
post #7 of 22
NORFOLK, VA. – Norfolk Southern Corporation announced that its Board of Directors today voted to increase the regular quarterly dividend on the company’s common stock by 6 percent, or 2 cents per share, from 34 to 36 cents per share. The increased dividend is payable on Sept. 10, to stockholders of record on Aug. 6.

Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 112 consecutive quarters.

Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 21,000 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal and industrial products.
post #8 of 22
NORFOLK, VA. – Norfolk Southern Corporation today reported second-quarter 2010 net income of $392 million, an increase of 59 percent, compared with $247 million for second-quarter 2009. Diluted earnings per share were $1.04, up 58 percent, compared with $0.66 per diluted share earned in the second quarter of 2009.

“Norfolk Southern delivered strong financial results in the second quarter, based on continuing operating leverage,” said CEO Wick Moorman. “This is our fourth straight quarter of volume growth, and we are optimistic about continued year-over-year increases in rail traffic. We remain focused on reinforcing the safety and quality of our franchise, improving operational efficiency and service, and supporting future business growth.”

Second-quarter railway operating revenues improved 31 percent to $2.4 billion, compared with the second quarter of 2009, primarily as the result of a 22 percent increase in traffic volume.

General merchandise revenues were $1.3 billion, 31 percent higher compared with second-quarter 2009 results. Coal revenues increased 36 percent to $696 million compared with the same period last year. Intermodal revenues were $451 million, 23 percent higher compared with the second quarter of 2009.

Railway operating expenses for the quarter were $1.7 billion, 22 percent higher compared with the same period of 2009, primarily due to higher compensation and benefits, and fuel expenses. Income from railway operations improved 57 percent to $733 million in the second quarter compared with the same period last year.

The railway operating ratio was 69.8, a second-quarter record, and an improvement of 5 percentage points compared with 74.8 percent during second-quarter 2009.

Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 21,000 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal and industrial products.
post #9 of 22
Norfolk Southern to host third-quarter earnings conference call

NORFOLK, VA. -- Norfolk Southern Corporation (NYSE: NSC) will present its third-quarter 2010 earnings on Wednesday, Oct. 27, 2010, at 4:30 p.m. EDT via teleconference and live Internet webcast. The company will issue its earnings results shortly after market close on Oct. 27.

Those interested in participating via teleconference may dial 877-869-3847 several minutes prior to the call. An audio replay will be available until Nov. 3, 2010, following the live broadcast by dialing 877-660-6853 using PIN 2861 and replay number 355166.

In conjunction with the call, a live webcast will be accessible, and presentation materials will be posted on the company's Web site at www.nscorp.com under the Investors section. Following the earnings call, an Internet replay of the presentation will be archived on the company's Web site. In addition, the replay will be available for download to a portable audio player or computer as an MP3 - or podcast - file. Both the replay and MP3 file can be found at www.nscorp.com in the Investors section.
post #10 of 22
Norfolk Southern increases dividend


NORFOLK, VA. – Norfolk Southern Corporation announced that its Board of Directors today voted to increase the regular quarterly dividend on the company’s common stock by 11 percent, or 4 cents per share, from 36 to 40 cents per share. The increased dividend is payable on March 10 to stockholders of record on Feb. 4.

Since its inception in 1982, Norfolk Southern has paid dividends on its common stock for 114 consecutive quarters.

Norfolk Southern Corporation (NYSE: NSC) is one of the nation’s premier transportation companies. Its Norfolk Southern Railway subsidiary operates approximately 21,000 route miles in 22 states and the District of Columbia, serves every major container port in the eastern United States, and provides efficient connections to other rail carriers. Norfolk Southern operates the most extensive intermodal network in the East and is a major transporter of coal and industrial products.
post #11 of 22

I'm not in this, just came up on my large cap oversold screener.

May be a trade idea for any bottom channel players.

Seems like a good defensive hold at least till ex-div. date. That way regardless of price still collect divy.

If there is a bounce off the 200ma., all that much better.thumbup.gif

nsc.gif

 

 

http://quote.morningstar.com/stock/s.aspx?t=nsc

post #12 of 22

This looks interesting to me, the rails have done fantastic recently. CP/CNI/UNP. Going to keep an eye on this.
 

Quote:
Originally Posted by marcosx3x View Post

I'm not in this, just came up on my large cap oversold screener.

May be a trade idea for any bottom channel players.

Seems like a good defensive hold at least till ex-div. date. That way regardless of price still collect divy.

If there is a bounce off the 200ma., all that much better.thumbup.gif

nsc.gif

 

 

http://quote.morningstar.com/stock/s.aspx?t=nsc



 

post #13 of 22

Started keeping an eye on NSC after you mentioned it marcos.  Figured it might stay around that $69-$70 a little bit.  Blew through that today with some volume.  Might look at taking a stab around the weekly 100 DMA which also coincides nicely with the weekly trend line and weekly BB.

 

Daily

ncs.png

 

Weekly

NCS weekly.png

post #14 of 22

todays action is the rails was horrible for the longs. If the sector continues to go lower UNP may be the better buy solely based on the fact its the prefered name in the sector.

post #15 of 22

I agree Mike.  Just looking for something that I might can catch a bounce on and get a quick buck.

 

Quote:
Originally Posted by Datemike View Post

todays action is the rails was horrible for the longs. If the sector continues to go lower UNP may be the better buy solely based on the fact its the prefered name in the sector.



 

post #16 of 22

NSC along with CSX getting downgrades

 

Norfolk Southern (NSC) downgraded at JP Morgan from Overweight to Neutral, JP Morgan said. Company is leveraged to lower coal demand.

post #17 of 22

Norfolk Southern profit up despite coal drop

700

 

 

Quote:

* Q2 EPS $1.60 vs $1.53 Wall Street view

* Revenue flat at $2.9 bln

* General merchandise, autos, intermodal offset coal revenue

* Utility coal orders starting to increase

July 24 (Reuters) - Railroad company Norfolk Southern Corp reported a higher quarterly profit and flat revenue, with increased general merchandise and intermodal revenue offsetting a double-digit drop in revenue from coal.

The coal business remains challenging, but utilities are burning off some of this stockpile to power air conditioners and starting to increase coal shipments again, Norfolk Southern executives told analysts on a conference call.

Coal shipments to utilities fell as winter weather and low natural gas prices caused their existing stockpiles to grow.

"With much higher temperatures across our utility network, and with some mitigation in natural gas prices recently, we are beginning to see some customers add train sets and increase orders of coal," said Don Seale, chief marketing officer at Norfolk Southern.

Coal revenue fell 15 percent in the second quarter from a year earlier. Revenue rose 9 percent for general merchandise shipments, which includes automobile and chemicals shipments, while revenue rose 4 percent for intermodal deliveries.

Intermodal refers to shipping goods in containers that can be moved from one form of transportation to another, such as from train to truck or train to ship.

The three other major U.S. railroads - Union Pacific Corp , CSX Corp and Kansas City Southern - all reported last week that generally beat profit forecasts as auto and intermodal shipments helped offset the big coal volume slump.

Norfolk Southern, the third-largest publicly held U.S. railroad, on Tuesday reported earnings rose 3 percent to $1.60 per share. That beat the average estimate of $1.53, according to Thomson Reuters I/B/E/S.

Net income of $524 million, was down 6 percent from $557 million a year ago. Net income a year ago reflected $63 million, or 18 cents per share, from non-recurring, income tax-related benefits.

Quarterly operating revenue for the Norfolk, Virginia-based company were flat at $2.9 billion, and in line with estimates.

Norfolk Southern's shares were unchanged at $71.96 in after-hours trading.

post #18 of 22
52 week range is 57-78, its about 2/3 of the way towards the high in this range. Interesting to see rails doing as well as they have through the tough part of this year, especially with coal sagging. This is one reason why I think the bloodthirsty bears aren't going to get quite what they want until a number of months out. If they do, these rail stocks should really have a terrible 1-2 next quarters. Have had some of this in the kid's college account for a while, was going to trim some over 80 early this year but after setting a 52 wk high by .10 NSC pancaked... or, roughly translated, I got greedy.

On the weekly, there is amazing rising trendline support going back 2.5 years, which combined with upper TL resistance off winter highs, forms a nice wedge. NSC did just fail to breakout in earnest, so it could be a fast move down off a failed breakout... but it's worth watching this battle for a while longer to see if it can make another run at the upside breakout.

post #19 of 22
NSC has basically busted up out of the wedge now. At this point, I'm focused on the daily chart. Below it is shown for calendar 2012. Notice the big spikes at end of '11 and in April of this year, it rode the bollie up, pushing it hard for a while. So, of course both times it came back down pretty hard. This time, price seems almost allergic to that upper bollie, which IMO is great, and combined with a flatter rate of ascent, shows more potential for a lasting uptrend that can hold more of the gains over the long haul - pun intended. So right now we have that dotted upper TL of what is almost a perfect ascending triangle, and then the 52-wk high as targets. Now take a look at the XOM daily chart, there is an almost identical pattern in play, and if you look closely, it appears Exxon is leading NSC by a week or two. They also reported at the same time and issue similar dividends, making me think that what's good for XOM is also good for NSC and thus it just reinforces my pre-existing bullishness on NSC.



Here is NSC's new TV ad, which will run heavily during the conventions and through November. Pretty good ad.
http://www.youtube.com/watch?gl=US&hl=en&client=mv-google&v=8zbXarZtgJo&nomobile=1
ED: followed same steps as always to post video, but it's not embedding... weird.
post #20 of 22
NSC tanked almost 9% today at its low on lowered Q3 guidance, it was something like 1.55-1.65 expected revised to 1.10s... big drop largely on the back of weak coal. However, I could not resist the opportunity to scale back in and replace my 75.30s sale last month with some 66.40s today. I don't think it will have trouble moving back up to 69-72 in the next few weeks.
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