Norfolk Southern Corp. (NYSE:NSC) Updates On Dividend Release Date


On 2016-07-29, Norfolk Southern Corp. (NYSE:NSC) confirmed the dividend disbursement of $0.59 a share to shareholders as on record 2016-08-08. The firm will release dividend on 2016-09-10 while ex-dividend date is reported to be 2016-08-04.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Norfolk Southern Corp. (NYSE:NSC) paid a total of $0.59 per share in dividends. This figure stood at $0.59 a share in the same period a year ago indicating a deviation of 6.3063%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $88.166 on the stock. This figure is the average of recommendations offered by 15 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $102 and $64, respectively.

Taking the mathematical rating formula, the price for Norfolk Southern Corp. (NYSE:NSC) stands at 2.79. Earnings Review Norfolk Southern Corp. (NYSE:NSC) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-26. For the period ending on 2016-09-30, experts are expecting EPS of $1.44.

Coming to the quarter ending on 2015-12-31, Norfolk Southern Corp. (NYSE:NSC) recorded EPS of $1.36. The reported numbers came lower than the analysts’ estimates of $1.35, demonstrating a miss of $0.01 as against reported figures.

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