Norfolk Southern stock: TD Cowen lifts target from USD 376.00 to USD 379.00

Published on 10/23/2026 at 15:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Norfolk Southern sets a USD 1.35 dividend for November 20, 2026. Norfolk Southern stock costs EUR 298.45 at Lang & Schwarz on October 23, 2026.

Target raised by TD Cowen

TD Cowen raised its Norfolk Southern target from USD 376.00 to USD 379.00 on October 23, 2026.
Norfolk Southern declared a USD 1.35 quarterly dividend payable on November 20, 2026.
Norfolk Southern stock costs EUR 298.45 at Lang & Schwarz on October 23, 2026.
Norfolk Southern reported USD 3.526 billion in third-quarter 2026 revenue.

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Norfolk Southern (ISIN US6558441084) received a higher TD Cowen price target on October 23, 2026, with the firm raising its view from USD 376.00 to USD 379.00. MarketBeat said TD Cowen maintained a Buy rating. The target stood 14.87 percent above the USD 329.94 NYSE quote at 9:57 a.m. ET on October 23, 2026. Norfolk Southern was trading at EUR 298.45 at Lang & Schwarz on October 23, 2026 at 3:41 p.m. CEST.

Dividend adds a dated income signal

Norfolk Southern declared a quarterly dividend of USD 1.35 per share on October 21, 2026. The payment is scheduled for November 20, 2026, to shareholders of record on November 6, 2026. The two dates give investors a clear timetable alongside the analyst action.

Stock remains near its yearly high

The NYSE price of USD 329.94 at 9:57 a.m. ET on October 23, 2026 sat within a 52-week range of USD 277.80 to USD 358.60. The current quote was 8.00 percent below the high and 18.80 percent above the low. Norfolk Southern's market capitalization was USD 74.1 billion, while its price-to-earnings ratio was 27.61.

What did the latest quarter deliver?

On October 22, 2026, Norfolk Southern reported third-quarter revenue of USD 3.526 billion, up 14.00 percent from USD 3.103 billion a year earlier. The company's diluted earnings per share were USD 3.37, up 7.00 percent from USD 3.16, while adjusted diluted earnings per share reached USD 3.62, up 10.00 percent. Norfolk Southern said the GAAP figures included USD 42 million of merger-related expenses and USD 28 million of net costs related to the Eastern Ohio incident.

Comparison with peers

As of October 23, 2026, Norfolk Southern had a price-to-earnings ratio of 27.61 and a market capitalization of USD 74.1 billion. CSX (Nasdaq, USD) had a price-to-earnings ratio of 26.39 and a market capitalization of USD 93.8 billion. Union Pacific (NYSE, USD) had a price-to-earnings ratio of 22.64 and a market capitalization of USD 172.5 billion.

Investor dates and valuation

The dividend record date is November 6, 2026, followed by the USD 1.35 payment on November 20, 2026. The TD Cowen target of USD 379.00 therefore sits above the latest NYSE quote, while the market capitalization and valuation remain higher than those of CSX but below Union Pacific.

Lang and Schwarz price

Norfolk Southern was trading at EUR 298.45 at Lang & Schwarz on October 23, 2026 at 3:41 p.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Norfolk Southern stock.