Norfolk Southern Corporation

NYSE:NSC 株式レポート

時価総額：US$75.1b

Norfolk Southern 将来の成長

Future 基準チェック /16

Norfolk Southern利益と収益がそれぞれ年間9.8%と4.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に16.4% 9.6%なると予測されています。

主要情報

9.8%

収益成長率

9.62%

EPS成長率

Transportation 収益成長15.0%
収益成長率4.8%
将来の株主資本利益率16.42%
アナリストカバレッジ

Good

最終更新日10 Aug 2026

今後の成長に関する最新情報

Recent updates

ナラティブ更新 • Jul 30

NSC: Tighter Trucking Capacity And Merger Progress Will Shape Forward Appeal

Analysts have raised the Norfolk Southern fair value estimate from $341.72 to $363.72. This change reflects higher price targets across the Street that are grounded in recent earnings beats, firmer profit margins, and a supportive revenue backdrop.
Seeking Alpha • Jul 24

Norfolk Southern: Deboning The Appeal With GAAP

Summary Norfolk Southern Corporation is fundamentally strong but currently overvalued, trading at a premium P/E above historical norms. Recent NSC operational gains were largely driven by external energy market shocks, not sustainable core improvements; GAAP net income and FCF declined despite record revenues. Heavy reliance on adjusted earnings masks recurring costs; GAAP metrics reveal persistent margin compression and profit headwinds. I maintain a Hold rating on NSC stock with a $220/share price target, awaiting a more attractive entry point aligned with normalized earnings and valuation. Read the full article on Seeking Alpha
ナラティブ更新 • Jul 15

NSC: Tighter Trucking Capacity And Merger Timeline Will Guide Future Appeal

Norfolk Southern's analyst fair value estimate has increased by about $8 to roughly $342 per share, as analysts factor in updated price targets that reflect tighter trucking capacity, a healthier freight pricing backdrop, and revised earnings models across the rail group. Analyst Commentary Recent Street research on Norfolk Southern points to a mixed but generally constructive stance, with many firms updating their models and price targets to reflect tighter trucking capacity, evolving freight demand, and revised long term earnings expectations across the rail group.
ナラティブ更新 • Jun 25

NSC: Rail Volumes And Merger Delay Will Shape Future Appeal

The analyst price target for Norfolk Southern has been trimmed by about $2 to align more closely with a fair value estimate of roughly $333, as analysts factor in updated sector research and merger related modeling assumptions around the proposed $350 Union Pacific offer, which is discounted back to 2027. Analyst Commentary Recent research on Norfolk Southern reflects a mix of optimism around the proposed Union Pacific offer and cautious modeling updates tied to sector trends and macro data.
分析記事 • Jun 16

Norfolk Southern (NSC) Stock Could Be 7.6% Undervalued As PSR 2.0 Shapes The Narrative

Norfolk Southern (NSC) stock has drawn renewed attention after recent trading moves, with investors weighing its rail-focused business against mixed short term performance, including a decline over the past month along with gains over the past 3 months. See our latest analysis for Norfolk Southern. At a share price of $310.28, Norfolk Southern has seen mixed short term share price momentum, while the 1 year total shareholder return of 25.35% and 3 year total shareholder return of 47.79% point...
ナラティブ更新 • Jun 07

NSC: Rail Volumes And Merger Timing Will Shape Future Infrastructure Appeal

Norfolk Southern's analyst price target has been revised modestly higher to about $336 from $332, as analysts point to rail volumes running ahead of expectations and more supportive industrial data, while making incremental tweaks to growth, margin, discount rate, and future P/E assumptions. Analyst Commentary Recent Street research on Norfolk Southern has centered on refined views of rail demand, industrial activity, and how these feed into earnings and valuation.
ナラティブ更新 • May 04

NSC: Rail Partnerships And Merger Synergies Will Support Future Infrastructure Appeal

Norfolk Southern's analyst price target has been revised higher to about $332 from roughly $311. Analysts cite updated assumptions for modestly stronger revenue growth, slightly higher profit margins, and a higher future P/E, supported by a recent wave of target increases across major research firms.
ナラティブ更新 • Apr 20

NSC: Rail Partnerships And Merger Synergies Will Shape Future Infrastructure Appeal

The analyst price target for Norfolk Southern has been adjusted slightly lower to $311.21 from $312.63, as analysts balance recent target cuts with continued interest in rail infrastructure and potential merger related synergies. Analyst Commentary Recent research on Norfolk Southern reflects a split view, with some firms trimming price targets and others lifting them meaningfully.
ナラティブ更新 • Apr 06

NSC: Merger Synergies And Rail Projects Will Shape Future Infrastructure Appeal

The analyst price target for Norfolk Southern has been trimmed by about $1 to reflect a slightly higher discount rate, modest tweaks to revenue growth and margin assumptions, and a mix of recent target cuts and raises across the Street as analysts reassess merger related opportunities and risks. Analyst Commentary Recent Street research on Norfolk Southern presents a mix of optimism and caution, with several firms revisiting price targets and views as the Union Pacific merger proposal moves through the regulatory process.
ナラティブ更新 • Mar 22

NSC: Merger Synergies And Rail Expansion Will Drive Future Infrastructure Appeal

Analysts have nudged the Norfolk Southern fair value estimate up by about $1 to roughly $314, reflecting slightly higher target multiples and continued focus on long lived rail infrastructure as well as potential merger related synergies highlighted in recent research. Analyst Commentary Recent research on Norfolk Southern reflects a mix of optimism and caution as analysts adjust targets and ratings around the proposed Union Pacific transaction and the broader appeal of rail infrastructure.
ナラティブ更新 • Mar 08

NSC: Merger Synergies And Rail Corridor Expansion Will Shape Balanced Future Outlook

Analysts have nudged their blended fair value estimate for Norfolk Southern higher to roughly $313 per share, reflecting modestly adjusted assumptions on growth, margins and P/E multiples. They also highlight potential merger related synergies with Union Pacific and the appeal of rail infrastructure as a long lived, hard to replicate asset base.
ナラティブ更新 • Feb 20

NSC: Merger Scrutiny And Corridor Expansion Will Guide Fairly Balanced Rail Outlook

Norfolk Southern's updated analyst price target edges higher to about $308, with analysts pointing to slightly adjusted fair value and discount rate assumptions as they reassess sector risks and recent target cuts across the rail group. Analyst Commentary Recent research on Norfolk Southern reflects a mixed setup, with some firms trimming price targets or ratings while others are modestly lifting their valuation work as they refresh rail sector assumptions.
ナラティブ更新 • Feb 05

NSC: Merger Scrutiny And Corridor Expansion Will Shape Fairly Valued Outlook

Analysts have trimmed their price targets on Norfolk Southern by about $4 per share, reflecting slightly lower fair value estimates even as they factor in marginally higher revenue growth expectations, a modestly softer profit margin outlook, and small adjustments to discount rate and future P/E assumptions following recent sector research. Analyst Commentary Recent research on Norfolk Southern clusters around two main themes, where price target cuts are balanced against prior target increases and broader views on the proposed Union Pacific tie up and the freight rail backdrop.
ナラティブ更新 • Jan 22

NSC: Merger Scrutiny And New Corridor Will Shape Fairly Valued Outlook

Analysts have nudged their fair value estimate for Norfolk Southern higher to about US$311 from roughly US$309, reflecting slightly updated assumptions on discount rate, revenue growth, profit margin, and future P/E following recent sector research and price target revisions. Analyst Commentary Recent research around the proposed Union Pacific and Norfolk Southern merger has sharpened how analysts think about Norfolk Southern's valuation, regulatory risk, and long term growth profile.
ナラティブ更新 • Jan 07

NSC: Merger Review And Labor Deal Will Shape Fairly Valued Outlook

Analysts have nudged their price target for Norfolk Southern higher to approximately US$309 from about US$308, reflecting small updates to discount rate, revenue growth, profit margin and future P/E assumptions in their models. What's in the News The US Department of Justice has begun investigating Union Pacific's proposed acquisition of Norfolk Southern and is expected to file a formal notice to participate in the Surface Transportation Board review of the deal (CTFN).
ナラティブ更新 • Dec 15

NSC: Shares Will Navigate Merger Scrutiny Amid Resilient Earnings Expectations

Analysts have nudged their price target for Norfolk Southern slightly higher, citing a series of upward target revisions across the Street that emphasize resilient 2025 earnings expectations and relatively stable margins, despite modestly softer long term revenue growth assumptions and a cautious backdrop for the broader transports group. Analyst Commentary Bullish analysts are leaning into Norfolk Southern's relative earnings resilience, lifting price targets even as the broader transports group remains out of favor.
ナラティブ更新 • Nov 30

NSC: Shares Will Pursue Opportunities Amid Merger Review And Industry Headwinds

Norfolk Southern's analyst price target has been modestly increased from $311.50 to $311.68. This reflects analyst optimism in light of higher sector targets, despite ongoing industry challenges such as weak industrial growth and muted rail volumes.
ナラティブ更新 • Nov 16

NSC: Shares Will Navigate Merger Uncertainty And Industry Shifts Ahead

The analyst consensus price target for Norfolk Southern was adjusted slightly lower to $311.50 from $311.63, as analysts factor in modestly increased revenue growth expectations. This is offset by a lower profit margin and discount rate, reflecting resilience despite mixed transports sector outlooks.
ナラティブ更新 • Nov 01

NSC: Sector Merger Activity And Industry Pressures Will Influence Performance Ahead

Norfolk Southern’s analyst price target has increased substantially, with recent updates reflecting a rise of over $60 per share. Analysts cite resilient earnings expectations and improving industry sentiment despite broader transportation sector pressures.
ナラティブ更新 • Oct 18

PSR 20 Transformation Will Unlock Operational Efficiencies And Cost Savings

Analysts have modestly increased their average price target for Norfolk Southern, raising it from approximately $307 to $313 per share. They cite resilient profit margin projections and relatively unchanged earnings outlooks, despite ongoing sector headwinds and uncertainty following the pending Union Pacific merger.
ナラティブ更新 • Oct 03

PSR 20 Transformation Will Unlock Operational Efficiencies And Cost Savings

Analysts have increased their fair value estimate for Norfolk Southern by approximately $7 to $307. They cite resilience in 2025 earnings forecasts and upward price target revisions, despite sector underperformance and ongoing merger developments.
ナラティブ更新 • Sep 18

PSR 20 Transformation Will Unlock Operational Efficiencies And Cost Savings

Analysts modestly raised Norfolk Southern’s price target to $300.42, driven by the merger premium with Union Pacific and anticipated strategic benefits, but note that regulatory uncertainty and near-term valuation constraints are likely to keep the shares trading sideways until greater clarity emerges. Analyst Commentary Bullish analysts note near-term financial upside for Norfolk Southern has become limited after the merger announcement with Union Pacific, as share prices are now close to the proposed deal value and the extended regulatory review period constrains further appreciation.
Seeking Alpha • Apr 22

Norfolk Southern: This Is What CSX Earnings Suggest

Summary Norfolk Southern Corporation's Q1 earnings might outperform CSX Corporation due to fewer operational disruptions and lower costs from infrastructure projects and rerouting expenses. CSX was impacted by infrastructure rebuild projects which could drive more traffic on Norfolk Southern's network. Intermodal volumes increased by 2% for CSX, partly due to tariff-related pull-forwards, indicating potential revenue growth for NSC. Read the full article on Seeking Alpha
Seeking Alpha • Feb 27

Norfolk Southern: An Undervalued Dividend Stock To Buy Now

Summary Since my previous article, shares of Norfolk Southern have delivered 19% total returns. Volume growth and productivity gains should return the railroad operator to solid growth in 2025 and beyond. Norfolk Southern's debt-to-capitalization ratio meaningfully improved in 2024. The railroad operator appears to be trading at a 7% discount to fair value. Norfolk Southern could be poised for 40%-plus cumulative total returns through 2027. Read the full article on Seeking Alpha
Seeking Alpha • Feb 18

Norfolk Southern: From Setback To Comeback

Summary Norfolk Southern has shown strong recovery post-derailment, with improved margins and profits, driven by cost savings and increased intermodal traffic. Q4 earnings highlighted a 7% improvement in operating expenses and an 11% increase in operating income, despite a 2% revenue decrease. The company is resuming share repurchases and maintaining a steady dividend, signaling confidence in future growth and balance sheet strength. Trading at a forward PE below 20, Norfolk Southern offers a compelling investment opportunity with expected EPS growth and a dividend yield above 2%. Read the full article on Seeking Alpha
Seeking Alpha • Dec 31

Norfolk Southern: It's Way More Expensive Than The S&P 500

Summary I sold Norfolk Southern at a 38% profit; shares have since dropped 5.2%, validating my decision. Despite recent earnings looking good, Norfolk Southern's valuation remains high, and the company is less profitable and more indebted than in 2019. The market's growth expectations for Norfolk Southern are excessive, especially given its lower profitability and deteriorating balance sheet. With the 10 Year Treasury yielding more than Norfolk Southern's dividend, the risk-adjusted returns do not justify investing in this stock. Read the full article on Seeking Alpha
Seeking Alpha • Dec 18

Norfolk Southern: Moving Efficiently Into 2025

Summary Norfolk Southern is currently undervalued, presenting a buying opportunity for investors. NSC's improving balance sheet, infrastructure investments, and expanding intermodal train capacity position it well for future growth. Despite short-term challenges, NSC's positive Q3 2024 results and expected FY 2025 performance indicate strong future demand and revenue growth. Management's cost reduction initiatives and share buyback plans further enhance NSC's attractiveness. Read the full article on Seeking Alpha
Seeking Alpha • Oct 24

Norfolk Southern: Q3, Superb Profitability And Productivity Improvements

Summary Norfolk Southern's Q3 showed significant operational efficiency improvements at the railroad. Productivity gains, including increased car velocities and reduced fuel expenses, have enhanced profitability and improved the operating ratio. NSC's improved safety measures and reduced accident rates are crucial, especially after the 2023 derailments, bolstering long-term stability. With the major costs of the East Palestine derailment behind, Norfolk Southern can focus on share repurchases and capital improvements, enhancing shareholder value. Buy rating maintained. Read the full article on Seeking Alpha
Seeking Alpha • Oct 17

Selling Norfolk Southern Corporation

Summary I’m selling my Norfolk Southern shares due to excessive valuation and lower profitability compared to pre-pandemic levels. The company faces significant contractual obligations, with potential risks from elevated interest rates impacting debt refinancing. Financial performance has deteriorated, with revenue and net income down, and long-term debt significantly increased. Current market valuation is high, with Norfolk Southern trading at a premium, indicating overly optimistic growth expectations. Read the full article on Seeking Alpha
Seeking Alpha • Sep 25

Norfolk Southern's Undeniable Potential: A Turnaround You Don't Want To Miss

Summary I initially considered selling Norfolk Southern Corporation to reduce my portfolio but decided to hold due to its wide moat, promising turnaround potential, and dividend growth. Despite recent struggles, including intermodal weakness and derailments, Norfolk Southern is improving operations, cutting costs, and positioning itself for future growth. In the long term, I expect economic reshoring and efficiency gains to drive strong returns. Norfolk Southern's dividend growth and recovery make it a valuable part of my portfolio. Read the full article on Seeking Alpha

業績と収益の成長予測

NYSE:NSC - アナリストの将来予測と過去の財務データ ( )USD Millions
日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数
12/31/202814,3623,5223,0245,27013
12/31/202713,8013,2052,8534,82119
12/31/202613,2352,7832,3633,94720
6/30/202612,5402,6331,6313,732N/A
3/31/202612,1852,6671,6183,755N/A
12/31/202512,1802,8702,1574,361N/A
9/30/202512,2302,9592,0994,249N/A
6/30/202512,1783,3472,0244,204N/A
3/31/202512,1123,3161,8894,163N/A
12/31/202412,1232,619284,052N/A
9/30/202412,1722,413-4283,774N/A
6/30/202412,0921,791-9613,208N/A
3/31/202412,0281,411-1,2752,845N/A
12/31/202312,1561,8248303,179N/A
9/30/202312,3202,0871,1423,304N/A
6/30/202312,6922,5681,9984,057N/A
3/31/202312,9623,0302,4144,401N/A
12/31/202212,7453,2682,2744,222N/A
9/30/202212,3603,2392,6394,366N/A
6/30/202211,8693,0332,4894,169N/A
3/31/202211,4183,0342,6404,234N/A
12/31/202111,1423,0032,7854,255N/A
9/30/202110,8632,9142,7174,183N/A
6/30/202110,5172,7292,5903,976N/A
3/31/20219,8032,3022,3043,697N/A
12/31/20209,7892,0102,1433,637N/A
9/30/20209,9062,0042,0843,662N/A
6/30/202010,2412,0931,9233,698N/A
3/31/202011,0812,421N/A3,966N/A
12/31/201911,2962,717N/A3,892N/A
9/30/201911,5022,752N/A3,839N/A
6/30/201911,6082,796N/A3,852N/A
3/31/201911,5812,785N/A3,791N/A
12/31/201811,4582,660N/A3,726N/A
9/30/201811,2315,927N/A3,672N/A
6/30/201810,9545,732N/A3,503N/A
3/31/201810,6935,519N/A3,223N/A
12/31/201710,5515,400N/A3,253N/A
9/30/201710,3721,849N/A3,187N/A
6/30/201710,2261,801N/A3,178N/A
3/31/201710,0431,709N/A3,001N/A
12/31/20169,8881,663N/A3,034N/A
9/30/20169,9161,607N/A3,012N/A
6/30/201610,1051,600N/A2,839N/A
3/31/201610,3641,628N/A3,156N/A
12/31/201510,5111,550N/A2,908N/A
9/30/201510,8631,700N/A2,714N/A

アナリストによる今後の成長予測

収入対貯蓄率: NSCの予測収益成長率 (年間9.8% ) は 貯蓄率 ( 3.7% ) を上回っています。

収益対市場: NSCの収益 ( 9.8% ) US市場 ( 16.8% ) よりも低い成長が予測されています。

高成長収益: NSCの収益は増加すると予測されていますが、大幅には増加しません。

収益対市場: NSCの収益 ( 4.8% ) US市場 ( 12.9% ) よりも低い成長が予測されています。

高い収益成長: NSCの収益 ( 4.8% ) 20%よりも低い成長が予測されています。

一株当たり利益成長率予想

将来の株主資本利益率

将来のROE: NSCの 自己資本利益率 は、3年後には低くなると予測されています ( 16.4 %)。

成長企業の発掘

7D

1Y

7D

1Y

7D

1Y

企業分析と財務データの現状

データ最終更新日（UTC時間）
企業分析2026/08/10 07:12
終値2026/08/10 00:00
収益2026/06/30
年間収益2025/12/31

データソース

企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。

パッケージデータタイムフレーム米国ソース例
会社財務10年
  • 損益計算書
  • キャッシュ・フロー計算書
  • 貸借対照表
アナリストのコンセンサス予想+プラス3年
  • 予想財務
  • アナリストの目標株価
市場価格30年
  • 株価
  • 配当、分割、措置
所有権10年
  • トップ株主
  • インサイダー取引
マネジメント10年
  • リーダーシップ・チーム
  • 取締役会
主な進展10年
  • 会社からのお知らせ

* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。

特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。

分析モデルとスノーフレーク

このレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。

シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。

業界およびセクターの指標

私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。

アナリスト筋

Norfolk Southern Corporation 20 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。37

アナリスト機関
John EadeArgus Research Company
Daniel MooreBaird
Brandon OglenskiBarclays