Norfolk Southern stock tracks merger review progress
Published on 09/23/2026 at 18:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Norfolk Southern stock was trading at USD 315.73 on the NYSE at 12:25 p.m. ET on September 23, 2026, up 0.55 percent from the previous close. The Union Pacific merger review advanced on September 22, 2026, after the Surface Transportation Board rejected requests to dismiss the revised application, according to finanzen.ch.
Merger review advances
The regulatory decision keeps the revised Union Pacific and Norfolk Southern application in the review process. The September 22 development gives the railroad a concrete corporate event alongside its operating results, although the decision itself does not change second-quarter revenue or profit.
Revenue rises while profit falls
Norfolk Southern generated USD 3.465 billion in second-quarter 2026 revenue, up 11.4 percent from USD 3.110 billion a year earlier, while operating income declined 4.3 percent to USD 1.124 billion, according to Linevest News. Net income was USD 734 million, down 4.4 percent from USD 768 million in the comparable quarter, while diluted earnings per share were USD 3.26.
The adjusted earnings picture was better than the GAAP result. Norfolk Southern reported adjusted diluted earnings per share of USD 3.52 for the quarter, exceeding the USD 3.31 analyst consensus by 6.34 percent, according to ScanX. The contrast between higher revenue and lower operating income puts cost pressure beside the merger process as the central investor issue.
Stock stays below yearly high
At USD 315.73 on September 23, 2026, the NYSE quote was 11.96 percent below Norfolk Southern's 52-week high of USD 358.60 and 13.66 percent above its 52-week low of USD 277.80. The company had a market capitalization of USD 70.915 billion at the same market snapshot.
Norfolk Southern stock facts
- Company: Norfolk Southern Corporation
- Ticker: NSC
- Trading venue: NYSE
- Price (as of September 23, 2026, 12:25 p.m. ET): USD 315.73
- Market capitalization: USD 70.915 billion (as of September 23, 2026)
- 52-week range: USD 277.80-358.60 (as of September 23, 2026)
- Sector / Industry: Industrials / Railroads
