Company Update (NYSE:NSC): In 2015 Annual Report, Norfolk Southern CEO highlights accomplishments and further plans to enhance shareholder value

[PR Newswire] – NORFOLK, Va., March 31, 2016 /PRNewswire/ — Norfolk Southern Corporation (NYSE: NSC) has posted its 2015 Annual Report online , highlighting early accomplishments of a recently announced five-year strategic … Read more on this. Norfolk Southern Corporation (NSC) , valued at $24.91B, opened at $84.41. Today’s price range has been between $83.19 and $84.41 per share with a trailing 52-week range being $64.51 to $107.31. NSC shares are currently priced at 15.53x this year’s forecasted earnings, which makes them relatively expensive compared to the industry’s 13.95x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $2.36 per share annually in dividends, yielding 2.89%. According to a consensus of 22 analysts, the earnings estimate of $0.95 per share would be $0.05 worse than the year-ago quarter and a $0.12 sequential decrease. Investors should also note that the full-year EPS estimate of $5.33 is a $0.23 better when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $2.38 Billion. If reported, that would be a 7.39% decrease over the year-ago quarter. In terms of ratings, Avondale upgraded NSC from Mkt Underperform to Mkt Perform (Jan 28, 2016). Previously, Buckingham Research downgraded NSC from Buy to Neutral. When considering if perhaps the stock is under or overvalued, the average price target is $83.70, which is 0.84% below where the stock opened this morning. See more in (NYSE:NSC) Similar Articles: Company Update: Norfolk Southern Corporation (NYSE:NSC) – Norfolk Southern to hold first-quarter 2016 earnings conference call April 21 Market Update: Norfolk Southern Corporation (NYSE:NSC) – Norfolk Southern to present at 31st Annual BB&T Transportation Services Conference on Feb. 10 Company Update: Norfolk Southern Corporation (NYSE:NSC) – Norfolk Southern announces further details of its strategic plan to reduce costs, drive profitability, and accelerate growth