NSC

Norfolk Southern Corporation

Industrials · $72.6B market cap

Verdict

Share price

$317.44

close of Oct 3, 2026

Fair value

$240.10

Sticker Price

Payback Price

$96.04

buy price

Overpriced

NSC is Overpriced: at $317.44 it trades 32% above its fair value of $240.10. Its buy price (Payback Price) is $96.04, 70% below today's price. Business quality is limited: none of the 5 key numbers clears the 10% bar.

How we valued it

Owner Earnings. Earnings grow slowly (under 7% a year), but cash flow is steady, so we value it on its cash flow instead of its earnings.

Business quality

0 of 5 clear the 10% bar. What are the Big Five?

Earnings per share growth4.5% a year✗
Equity per share growth5.9% a year✗
Sales growth1.3% a year✗
Free cash flow growth5.1% a year✗
Return on invested capital6.8%✗

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Superinvestors

4 of the investors we track hold NSC. In Q2 2026, 1 added and 1 trimmed. Who we track

Moves in Q2 2026

Added: Daniel Loeb

Trimmed: Dodge & Cox Funds

Insider activity

Since Jun 30, 2026: no open-market purchases and 16 other filings (stock awards, tax withholding and similar). Why purchases matter

Other filings

About Norfolk Southern Corporation

Norfolk Southern Corporation (NSC), operating through its various subsidiaries, is a prominent rail transport provider in the United States. The company's core business involves the conveyance of raw materials, semi-finished goods, and completed merchandise across the nation. Its extensive freight services cover a broad spectrum of commodities. This includes a variety of agricultural and forestry products like…

Railroads

Fair value and Payback Price are estimates from the company's reported financials, not investment advice. Prices as of the close of Oct 3, 2026. How the Payback Price works