10 Best Railroad Stocks To Buy According To Billionaires

5. Norfolk Southern Corporation (NYSE:NSC)

Number of Billionaire Investors: 13

Stake Value of Billionaire Holdings: $503,643,336

Norfolk Southern Corporation (NYSE:NSC) is an American railroad company that provides freight services for a wide range of goods, including agricultural products, chemicals, construction materials, metals, coal, and automotive parts. On February 24, Benchmark maintained a Buy rating on NSC and a $265 price target. The analysts noted that the company reaffirmed its full-year outlook, expecting 3% revenue growth and improved operating ratios. They have also made progress in controlling costs, with $55 million in productivity gains so far.

Norfolk Southern Corporation (NYSE:NSC) reported strong Q1 2025 results with revenue of $3 billion and earnings per share of $3.31. After adjusting for the Eastern Ohio incident, operating income came in at $961 million, the operating ratio was 67.9%, and EPS was $2.69, reflecting an 8% increase from last year. On April 22, the company announced a quarterly dividend of $1.35 per share, which will be paid on May 20, to shareholders on record by May 2. This marks 171 consecutive quarters of dividend payments since the company’s inception in 1982.

According to Insider Monkey’s Q4 data, Norfolk Southern Corporation (NYSE:NSC) was part of 13 billionaire portfolios. Billionaire Ken Fisher holds a $228.65 million stake in the company.