Earnings
Home›Earnings›Previews›Railroad stocks highlight diversified transport and la…
Railroad stocks highlight diversified transport and land-related services
Benzinga compiled a list of railroad stocks and framed the sector as a key part of the global economy, including in a transportation landscape that is increasingly influenced by new delivery technologies.
The outlet highlighted Norfolk Southern, describing it as providing customers with options to buy or lease land and offering land to railroads, along with services such as managing and developing land or natural resources on rail property.
Benzinga also noted that Norfolk Southern’s portfolio includes property sales and property leases, pipeline and fiber optics laying, private crossings, and signboards, alongside natural resource management.
In the company snapshot, Benzinga cited Norfolk Southern’s market capitalization of $75.275 billion, an annual dividend yield of 3.76%, and trading volume exceeding 801,000 shares per day.