Norfolk Southern stock is trading -14.35% below its average target price of $239.5 after dropping -1.0% during today's afternoon session. Analysts are giving the large-cap Railroads company an average rating of hold and target prices ranging from $177.0 to $275.0 per share.
Norfolk Southern's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 1.0%. The stock's short ratio is 1.36. The company's insiders own 0.14% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Another number to watch is the company's rate of institutional share ownership, which now stands at 76.5%. In conclusion, we believe there is mixed market sentiment regarding Norfolk Southern.
Institutions Invested in Norfolk Southern
|2022-12-31||Vanguard Group, Inc. (The)||7%||18,533,329||$3,801,741,868|
|2022-12-31||JP Morgan Chase & Company||5%||11,555,480||$2,370,375,668|
|2022-12-31||State Street Corporation||4%||10,160,051||$2,084,131,311|
|2022-12-31||Capital International Investors||3%||7,763,760||$1,592,580,126|
|2022-12-31||Lazard Asset Management LLC||3%||7,144,381||$1,465,526,909|
|2022-12-31||Capital World Investors||2%||6,135,920||$1,258,661,299|
|2022-12-31||Wells Fargo & Company||2%||4,103,911||$841,835,283|
|2022-12-31||Geode Capital Management, LLC||2%||4,099,195||$840,867,890|
|2022-12-31||Northern Trust Corporation||1%||3,352,141||$687,624,699|