The company is subject to various environmental regulations, labor laws and trade policies, which could change anytime. Changes in these regulations could increase the company’s costs or limit its ability to operate in certain markets. In 2023 the company faced significant scrutiny for its ongoing safety record and multiple train derailments. Norfolk Southern Corp is also vulnerable to consumer preferences and economic conditions changes. The company’s business is closely tied to the economy’s overall health, and a downturn could lead to decreased demand for its services. Additionally, changes in consumer preferences could shift demand away from certain goods, such as coal, which could impact the company’s revenue.

The costs to Norfolk Southern from the February derailment in East Palestine, Ohio, are now approaching $1 billion, the company reported Thursday. The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 25th 2023. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. Class-I railroad Norfolk Southern operates in the Eastern United States. On more than 20,000 miles of track, the firm hauls shipments of coal, intermodal traffic, and a diverse mix of automobile, agriculture, metal, chemical, and forest products.

Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Another risk for Norfolk Southern Corp is the potential for regulatory and political changes that could impact the transportation industry.

Analyst Ratings

As of December 31, 2022, the company operated approximately 19,100 route miles in 22 states and the District of Columbia. Norfolk Southern Corporation was incorporated in 1980 and is headquartered in Atlanta, Georgia. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023.

• The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
• An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.
• Compare
  NSC’s historical performance
  against its industry peers and the overall market.
• Norfolk Southern Corp has been recognized as a leader in the transportation industry, winning numerous awards for its safety and environmental sustainability.
• Changes in these regulations could increase the company’s costs or limit its ability to operate in certain markets.

Norfolk Southern Corp’s rich history dates back to the 19th century when the company’s predecessor, the South Carolina Canal and Rail Road, was chartered in 1827. It now operates over 19,000 miles of track across the eastern United States, connecting the major metropolitan areas of the Midwest and the South. Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply. Morningstar analysts hand-select direct competitors or comparable companies to
provide context on the strength and durability of NSC’s
competitive advantage.

Norfolk Southern Corp has been recognized as a leader in the transportation industry, winning numerous awards for its safety and environmental sustainability. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated. The technique has proven to be very useful for finding positive surprises.

Price and EPS Surprise Chart

Norfolk Southern Corp competes with other major railroads, such as CSX Corp and Union Pacific Corp, as well as other modes of transportation, such as trucking and air freight. The industry is subject to various regulatory and political issues, including environmental regulations, labor laws and trade policies. Norfolk Southern Corp’s stock performance has been relatively strong over the past few years, despite volatility caused by issues concerning rail safety and train derailments.

Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart’s disclaimer. Norfolk Southern declared that its board has approved a share buyback plan on Tuesday, March 29th 2022, which allows the company to buyback $10,000,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 14.6% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board believes its shares are undervalued.

Senate panel OKs rail-safety bill as railroad vows to help homeowners affected by Ohio derailment

ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Norfolk Southern supervisors didn’t heed a warning about the length of a train that would eventually derail in Ohio, spilling toxic chemicals, the NTSB said. Norfolk Southern has sued rail car owners over cleanup costs stemming from the February derailment of a Norfolk-operated train in East Palestine, Ohio, that caused a toxic chemical spill.

• The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
• Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.
• The company faces intense competition from other railroads and different modes of transportation, such as trucking and air freight.
• This site is protected by reCAPTCHA and the Google
  Privacy Policy and
  Terms of Service apply.
• Norfolk Southern Corp’s leadership team comprises experienced executives committed to delivering value to the company’s stakeholders.
• Investors of record on Friday, August 4th will be given a dividend of $1.35 per share on Monday, August 21st.

However, the company’s net income increased in the same period that its revenue was dropping. Norfolk Southern Corp has a strong balance sheet, with assets of more than $35 billion and liabilities of around $25 billion. As an investor, you want to buy stocks with the highest probability of success.

East Palestine train derailment has now cost Norfolk Southern $1 billion

Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates. Norfolk Southern Corp’s leadership team comprises experienced executives committed to delivering value to the company’s stakeholders. The company’s CEO, Alan H. Shaw, was put into the position in May of 2022. Shaw stepped into the CEO role after being the vice president of marketing for over six years. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

Norfolk Southern Corp. is a transportation company, which engages in the rail transportation of raw materials, intermediate products, and finished goods. The company also transports overseas freight through several Atlantic and Gulf Coast ports. The company was founded on July 23, 1980 and is headquartered in Atlanta, GA. Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. It also transports overseas freight through various Atlantic and Gulf Coast ports; provides commuter rail passenger transportation services; and operates an intermodal network.

NSC Stock – Frequently Asked Questions

Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.

We’d like to share more about how we work and what drives our day-to-day business. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. s shaped growth curve Compare
NSC’s historical performance
against its industry peers and the overall market. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

After years outperforming the market, freight-rail stocks Norfolk Southern, Union Pacific, Canadian National, Canadian Pacific, and CSX have stalled. Norfolk Southern Corp. booked a $416 million charge related to the train derailment in East Palestine, Ohio during its second quarter results, taking the costs related to the incident to $803 million. Norfolk Southern’s stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.99%), Bank Julius Baer & Co. Ltd Zurich (4.40%), State Street Corp (4.06%), Lazard Asset Management LLC (3.68%), Capital World Investors (2.42%) and Geode Capital Management LLC (1.85%).

However, its operating ratio (expenses/revenue) deteriorated to 75.4% in 2009 and remained stuck between 69% and 73% from 2010 to 2015. This paled in comparison to progress made by peers Union Pacific and Canadian Pacific, which lack Norfolk’s exposure to Appalachian coal. However, by 2017 the rail was back on track, improving to an adjusted 60.1% in 2021. In recent years, Norfolk renewed its commitment to pricing discipline and adopted precision railroading principles. Despite setbacks in 2022 linked to labor constraints and service issues, PSR has yielded more efficient use of locomotive assets and labor.

The company’s stock price has increased over the past five years, outperforming the S&P 500 index during the same period. The company operates a major freight railroad network of over 19,000 miles of track across 22 states in the eastern United States. Norfolk Southern Corp has a fleet of locomotives and railcars that transport various goods, including coal, chemicals and agricultural products. High-growth stocks tend to represent the technology, healthcare, and communications sectors.

They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. Norfolk Southern Corp’s valuation metrics are generally in line with its peers in the transportation industry. The company has a price-to-earnings ratio and a price-to-book ratio generally in line with industry averages. These metrics suggest that the market views Norfolk Southern Corp as a reasonably valued company. Norfolk Southern is a well-managed enterprise, and from the start of the rail renaissance in 2004 through 2008, it posted the highest margins among U.S.

Insiders that own company stock include Alan H Shaw, Alan H Shaw, Ann A Adams, Clyde H Allison Jr, Clyde H Allison, Jr, Coliseum Capital Management, L, James A Squires and Steven F Leer. 268 employees have rated Norfolk Southern Chief Executive Officer James A. Squires on Glassdoor.com. James A. Squires has an approval rating of 16% among the company’s employees. This puts James A. Squires in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. Norfolk Southern Corp has consistently delivered strong financial performance over the past few years. The company did, however, report revenue drops during the COVID-19 pandemic.

Another growth opportunity for Norfolk Southern Corp is to leverage its existing infrastructure to serve new markets. The company is exploring options to transport new types of goods, such as renewable energy equipment and industrial machinery. Norfolk Southern Corp is also investing in technology to improve its operations’ speed and efficiency, enabling https://1investing.in/ it to serve new markets and compete more effectively with other transportation providers. Investors of record on Friday, August 4th will be given a dividend of $1.35 per share on Monday, August 21st. This represents a $5.40 dividend on an annualized basis and a yield of 2.69%. The coal segment is the largest, accounting for 20% of the company’s revenue.

ETF Database’s Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. For investors in SwitzerlandA Swiss Representative and a Swiss Paying Agent has been appointed pursuant to Art. 120 para 4 and Art. 120 para 2 lit. The Representative of the Fund in Switzerland is BlackRock Asset Management Switzerland Limited.

• Inclusion of Sustainability Characteristics is not indicative of a fund’s investment objective, nor is it an implication that a fund employs an ESG-related portfolio management strategy.
• The iShares Silver Trust was up 9.8%, at last check, putting the trust that was crea…
• His investors didn’t mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957.
• Acquiring and storing silver can be very expensive and complicated.

Person, that you are not seeking to purchase an investment product for the account or benefit of a U.S. Person and that you shall only distribute the materials contained in this website to non-U.S. Persons, and in compliance with all applicable laws and regulations of the relevant jurisdiction in which such materials will be distributed. Person” includes, but is not limited to, any natural person resident in the U.S. and any partnership or corporation organized or incorporated under the laws of the U.S. Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable.

Other ETFs in the ETF Database Category

Indexes are unmanaged and one cannot invest directly in an index. Carefully consider the Funds’ investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds’ prospectuses or, if available, the summary prospectuses which may be obtained by visiting the iShares ETF and BlackRock Mutual Fund prospectus pages. The information contained on this website is published in good faith but no representation or warranty, express or implied, is made by BlackRock or by any person as to its accuracy or completeness and it should not be relied on as such.

The funds described in the following pages can be marketed in certain jurisdictions only. It is your responsibility to be aware of the applicable laws and regulations of your country of residence. Further information is available in the relevant fund’s offering documents.

Dow Jones Industrial Average, S&P 500, Nasdaq, and Morningstar Index (Market Barometer) quotes are real-time. This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

iShares Silver Trust

Any iShares Trusts referenced in this material are not investment companies registered under the Investment Company Act of 1940, and therefore are not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. Investments in the Trusts are speculative and involve a high degree of risk. This information must be preceded or accompanied by a current prospectus. Investors should read and consider it carefully before investing. A sponsor fee is shown in lieu of gross and net expense ratios for the iShares Trusts.

The Fund seeks to reflect, at any given time, the price of silver owned by the Fund at that time, less the Fund’s expenses and liabilities. If the Fund invests in any underlying fund, certain portfolio information, including sustainability characteristics and business-involvement metrics, provided for the Fund may include information (on a look-through basis) of such underlying fund, to the extent available. Between 1957 and 1966 Warren Buffett’s hedge fund returned 23.5% annually after deducting Warren Buffett’s 5.5 percentage point annual fees. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. An investor who invested $10,000 in Warren Buffett’s hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made more than $36,000 in fees from this investor). Performance shown may reflect fee waivers and/or expense reimbursements by the investment advisor to the fund for some or all of the periods shown.

Certain funds may have contractual or voluntary fee waivers that result in a Net Expense Ratio. The MSCI Weighted Average Carbon Intensity measures a fund’s exposure to carbon intensive companies. This figure represents the estimated greenhouse gas emissions per $1 million in sales across the fund’s holdings. The figure is a sum of the normalized security weight multiplied by the security Carbon Intensity. Adverse changes in the economic environment can have a negative impact on the price of silver since it is used in industrial applications.

Neither MSCI ESG Research nor any Information Party makes any representations or express or implied warranties (which are expressly disclaimed), nor shall they incur liability for any errors or omissions in the Information, or for any damages related thereto. The foregoing shall not exclude or limit any liability that may not by applicable law be excluded or limited. The iShares Silver Trust (SLV) is an exchange traded fund (ETF) that tracks the price performance of the underlying holdings in the LMBA Silver Price as of August 2014. Prior, SLV used the London Silver Fix Price as their underlying benchmark. The SLV has total assets of $14.37 billion under management as of June 30, 2021, and has generated an average annual total return of 4.53% since the fund was started in 2006. The holdings of the fund represent silver, with the objectives to diversify one’s portfolio and protect against inflation.

The iShares Silver Trust is one of the ETFs administered by BlackRock. Each share of the fund represents a fractional undivided beneficial interest in the net assets of the iShares Silver Trust. SLV has a relatively low annual expense ratio of 0.5% when compared to its ETF peers from the precious metals sector. Brokerage costs for the fund to buy and sell shares are not part of the expense ratio. The shares of SLV are traded on the New York Stock Exchange Arca, and investors can purchase them like any other stock. Index performance returns do not reflect any management fees, transaction costs or expenses.

Read Next

The Information has not been submitted to, nor received approval from, the US SEC or any other regulatory body. Some funds may be based on or linked to MSCI indexes, and MSCI may be compensated based on the fund’s assets under management or other measures. MSCI has established an information barrier between equity index research and certain Information. None of the Information in and of itself can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided “as is” and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.

Share Class and Benchmark performance displayed in USD, hedged fund benchmark performance is displayed in USD. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy. You may leave this website when you access certain links on this website. BlackRock has not examined any of third-party websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites. This website is using a security service to protect itself from online attacks. The action you just performed triggered the security solution.

• Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as “fees”.
• With the exception of BlackRock Index Services, LLC, who is an affiliate, BlackRock Investments, LLC is not affiliated with the companies listed above.
• An investor who invested $10,000 in Warren Buffett’s hedge fund at the beginning of 1957 saw his capital turn into $103,000 before fees and $64,100 after fees (this means Warren Buffett made more than $36,000 in fees from this investor).
• A long-running debate in asset allocation circles is how much of a portfolio an investor should…

Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance. For funds with an investment objective that include the integration of ESG criteria, there may be corporate actions or other situations that may cause the fund or index to passively hold securities that may not comply with ESG criteria. The screening applied by the fund’s index provider may include revenue thresholds set by the index provider. The information displayed on this website may not include all of the screens that apply to the relevant index or the relevant fund. These screens are described in more detail in the fund’s prospectus, other fund documents, and the relevant index methodology document.

Why BlackRock says investors should gravitate towards medium-term fixed income ETFs with Fed’s rate path uncertain

Based on the above mentioned characteristics of the fund, investing in SLV is most appropriate for investors looking for speculative trading. Because of the persistent decline in the price of silver over the last decade due to overproduction, deflationary pressures, and the financial crisis of 2009, the fund consistently generated negative returns. Its five-year annual average return of -3.51% and a three-year standard deviation of 34.11% make investing in the fund very risky with negative returns.

Data may be intentionally delayed pursuant to supplier requirements. Actually Warren Buffett failed to beat the S&P 500 Index in 1958, returned only 40.9% and pocketed 8.7 percentage of it as “fees”. His investors didn’t mind that he underperformed the market in 1958 because he beat the market by a large margin in 1957.

BlackRock shall have no liability for any loss or damage arising out of the use or reliance on the information provided including without limitation, any loss of profit or any other damage, direct or consequential. No information on this website constitutes investment, tax, legal or any other advice. IShares unlocks opportunity across markets to meet the evolving needs of investors.

The adjacent table gives investors an individual Realtime Rating for SLV on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The “A+ Metric Rated ETF” field, available to ETF Database Pro members, shows the ETF in the Precious Metals with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.

The iShares Silver Trust is most appropriate for investors who are looking to gain exposure to silver or engage in speculative trading of silver without actually buying silver itself. Also, the fund is a useful tool for investors who want to diversify their portfolios and help protect against inflation. Buying SLV shares provides a simple, yet cost-effective way to invest in silver.

View charts that break down the influence that fund flows and price had on overall assets. As you can guess, Warren Buffett’s #1 wealth building strategy is to generate high returns in the 20% to 30% range. None of these companies make any representation regarding the advisability coo salary in india of investing in the Funds. With the exception of BlackRock Index Services, LLC, who is an affiliate, BlackRock Investments, LLC is not affiliated with the companies listed above. A long-running debate in asset allocation circles is how much of a portfolio an investor should…

With more than twenty years of experience, iShares continues to drive progress for the financial industry. IShares funds are powered by the expert portfolio and risk management of BlackRock. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.

Key Data

The assets of the iShares Silver Trust consist primarily of silver held by JPMorgan Chase (JPM), the custodian institution, on behalf of the fund. The fund may hold a very limited amount of cash in special situations. The iShares Silver Trust is passively managed as it does not buy or sell silver to take advantage of market price swings. However, SLV sells silver from time to time to cover its operating expenses. Silver is a precious metal that can be a good investment, depending on the economy, and it will always be widely used in jewelry and electronics.

Also, as discretionary consumer spending worldwide falls from a result of shifts in preferences or income decline, spending on jewelry can decrease. As of 2020, looking back over the last five full years, the supply of silver tended to exceed its demand, resulting in downward pressure on the price of silver worldwide. Demand for silver comes primarily from coinage minting and the jewelry industry, as well as the industrial sector, which uses silver to produce photography mirrors and electrical conduction materials. Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which our funds are authorized for sale.

This chart shows the fund’s performance as the percentage loss or gain per year over the last 10 years against its benchmark. It can help you to assess how the fund has been managed in the past and compare it to its benchmark. Investing involves risk, including possible loss of principal.

After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on the investor’s tax situation and may differ from those shown. The after-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements such as 401(k) plans or individual retirement accounts. Although BlackRock shall obtain data from sources that BlackRock considers reliable, all data contained herein is provided “as is” and BlackRock makes no representation or warranty of any kind, either express or implied, with respect to such data, the timeliness thereof, the results to be obtained by the use thereof or any other matter. BlackRock expressly disclaims any and all implied warranties, including without limitation, warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose.

Although the shares of the trust are not a direct substitute for actual silver, they still provide an alternative to participating in the commodities market. The fund offers a convenient https://1investing.in/ way of obtaining exposure to silver without a need on the part of an investor to actually hold silver. Acquiring and storing silver can be very expensive and complicated.