Below are the three companies in the Railroads industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.Norfolk Southern (NYSE:NSC) is highest with an earnings yield of 7.9%. Norfolk Southern Corporation provides rail transportation services. The Company transports raw materials, intermediate products, and finished goods primarily in the Southeast, East, and Midwest and, via interchange with rail carriers, to and from the rest of the United States. Norfolk Southern also transports overseas freight through several Atlantic and Gulf Coast ports In the past 52 weeks, shares of Norfolk Southern have traded between a low of $57.57 and a high of $78.50 and are now at $70.03, which is 22% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.4%.
-- Edited by Uke on Friday 24th of February 2012 11:00:46 AM
-- Edited by Uke on Friday 24th of February 2012 11:00:46 AM
http://www.fnno.com/story/fast-lane/331-highest-earnings-yield-railroads-industry-detected-norfolk-southern-nsc-csx-unp-auto-generated