Nexstar Media Group (NXST)
NASDAQ:NXST
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NXST Stock Chart & Stats
$197.40
-$3.06(-1.89%)
At close: 4:00 PM EST
$197.40
-$3.06(-1.89%)
Day’s Range― - ―
52-Week Range$141.66 - $254.30
Previous CloseN/A
Volume50.08K
Average Volume (3M)461.25K
Market Cap
$5.96B
Enterprise Value$12.56B
Total Cash (Recent Filing)$280.00M
Total Debt (Recent Filing)$6.86B
Price to Earnings (P/E)56.5
Beta0.50
Next Earnings
May 07, 2026EPS Estimate
4.43Next Dividend Ex-DateN/A
Dividend Yield3.66%
Share Statistics
EPS (TTM)-5.63
Shares Outstanding30,327,997
10 Day Avg. Volume451,999
30 Day Avg. Volume461,250
Financial Highlights & Ratios
PEG Ratio-0.66
Price to Book (P/B)2.99
Price to Sales (P/S)1.25
P/FCF Ratio8.29
Enterprise Value/Market Cap2.11
Enterprise Value/Revenue2.54
Enterprise Value/Gross Profit5.39
Enterprise Value/Ebitda7.45
Forecast
1Y Price Target
$270.00Price Target Upside36.78% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)25.27
Revenue Forecast (FY)$5.43B
Bulls Say, Bears Say
Bulls Say
Acquisition And Market ScaleAcquisition of TEGNA would substantially expand Nexstar's market footprint by creating multiple markets with several major network affiliates and increasing reach of owned-and-operated stations, supporting higher advertising and cross-selling opportunities.
Distribution RevenueRepricing and renewal of carriage and distribution agreements are expected to lift distribution revenue and provide a steadier revenue base less tied to advertising volatility.
Operational Synergies And Capital ReturnOperational synergies, including real estate savings from the acquisition, should improve efficiency and financial flexibility, enabling eventual dividend growth and resumption of share repurchases once leverage is reduced.
Bears Say
Advertising And Macroeconomic RiskHeightened geopolitical tensions raise the risk of an economic slowdown that would likely weaken advertising revenue, with political advertising potentially displacing regular ad demand and adding further pressure to earnings.
Forced Divestitures And Asset-sale RiskMandated station sales across multiple markets could shrink Nexstar's scale, eliminate anticipated cost savings, and force sales at prices below acquisition cost, eroding shareholder value.
Regulatory And Legal UncertaintyA court injunction halting integration of the acquisition has created regulatory and legal uncertainty that can delay benefits realization and increase transaction risk.
Nexstar Media Group News
NXST FAQ
What was Nexstar Media Group’s price range in the past 12 months?
Nexstar Media Group lowest stock price was $141.66 and its highest was $254.30 in the past 12 months.
What is Nexstar Media Group’s market cap?
Nexstar Media Group’s market cap is $5.96B.
When is Nexstar Media Group’s upcoming earnings report date?
Nexstar Media Group’s upcoming earnings report date is May 07, 2026 which is in 20 days.
How were Nexstar Media Group’s earnings last quarter?
Nexstar Media Group released its earnings results on Feb 26, 2026. The company reported -$5.63 earnings per share for the quarter, missing the consensus estimate of $3.723 by -$9.353.
Is Nexstar Media Group overvalued?
According to Wall Street analysts Nexstar Media Group’s price is currently Undervalued.
Does Nexstar Media Group pay dividends?
Nexstar Media Group pays a Quarterly dividend of $1.86 which represents an annual dividend yield of 3.66%. See more information on Nexstar Media Group dividends here
What is Nexstar Media Group’s EPS estimate?
Nexstar Media Group’s EPS estimate is 4.43.
How many shares outstanding does Nexstar Media Group have?
Nexstar Media Group has 30,327,997 shares outstanding.
What happened to Nexstar Media Group’s price movement after its last earnings report?
Nexstar Media Group reported an EPS of -$5.63 in its last earnings report, missing expectations of $3.723. Following the earnings report the stock price went up 5.857%.
Which hedge fund is a major shareholder of Nexstar Media Group?
Currently, no hedge funds are holding shares in NXST
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Nexstar Media Group Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$270.00 (36.78% Upside)
$270.00 (36.78% Upside)
Blogger Sentiment
Neutral
NXST Sentiment 67%
Sector Average 61%
Sector Average 61%
Hedge Fund Trend
Decreased
By 15.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.2%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
33.85%
12-Months-Change
Fundamentals
Return on Equity
4.92%
Trailing 12-Months
Asset Growth
-5.47%
Trailing 12-Months
Company Description
Nexstar Media Group
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
NXST Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call presented a balanced picture: material near‑term revenue and cash‑flow pressure driven by the absence of 2024 election‑period political advertising led to significant YoY declines in Q4 advertising revenue, adjusted EBITDA and adjusted free cash flow. Offsetting these short‑term headwinds are several strategic and operational positives — strong audience growth at The CW and NewsNation, continued digital revenue acceleration (expected to exceed national ad revenue in 2026), successful distribution and affiliation renewals, disciplined cost‑reduction initiatives, and a constructive guidance range for 2026 adjusted EBITDA ($1.95B–$2.05B). The company is also actively progressing the TEGNA transaction (submitted HSR and FCC filings) which management views as transformational but that brings one‑time costs and near‑term cash deployment. Overall, the narrative is one of strategic execution and positioning for growth amid temporary cyclical weakness tied to the election advertising timing.View all NXST earnings summariesNXST Stock 12 Month Forecast
Average Price Target
$270.00
▲(36.78% Upside)
Technical Analysis
Ownership Overview
6.92% Insiders
35.80% Mutual Funds
0.29% Other Institutional Investors
26.51% Public Companies and
Individual Investors