Nexstar Media Group (NXST)
NASDAQ:NXST
NXST Stock Chart & Stats
$230.24
-$3.06(-1.89%)
At close: 4:00 PM EST
$230.24
-$3.06(-1.89%)
Day’s Range― - ―
52-Week Range$141.66 - $254.30
Previous CloseN/A
Volume50.08K
Average Volume (3M)388.97K
Market Cap
$6.98B
Enterprise Value$13.30B
Total Cash (Recent Filing)$280.00M
Total Debt (Recent Filing)$6.86B
Price to Earnings (P/E)56.5
Beta0.61
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. Volume422,047
30 Day Avg. Volume388,966
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 Cap1.91
Enterprise Value/Revenue2.69
Enterprise Value/Gross Profit5.70
Enterprise Value/Ebitda7.89
Forecast
1Y Price Target
$275.33Price Target Upside19.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
EPS Forecast (FY)25.2
Revenue Forecast (FY)$5.43B
Bulls Say, Bears Say
Bulls Say
Cash Generation ResilienceSustained operating and free cash flow across multiple years provides durable internal funding for dividends, buybacks, capex and M&A. Strong cash conversion cushions cyclical ad swings, supports deleveraging and funds strategic initiatives without sole reliance on external financing.
Distribution & Affiliation RenewalsMulti-year carriage and affiliation renewals lock in retransmission fee streams and reduce revenue volatility from distributor negotiations. Contractual coverage across a majority of subscribers supports predictable distribution revenue growth and underpins station-level economics over the medium term.
Digital Revenue AccelerationA structural shift toward higher-growth digital advertising diversifies revenue away from politically lumpy broadcast ad cycles. Accelerating digital monetization can drive higher growth and margin resilience, improving revenue mix and reducing dependence on election-driven ad spikes.
Bears Say
Meaningful LeverageSustained high absolute debt and elevated leverage limit strategic flexibility, increase interest burden and heighten refinancing risk. In a slower ad or distribution environment, leverage can constrain capital allocation and raise breach risk for covenants, pressuring long-term stability.
Election-driven Earnings VolatilityHeavy reliance on political ad cycles creates lumpy revenue and margins year-to-year, complicating forecasting and cash management. In off-election periods this cyclicality can depress EBITDA and free cash flow, stressing leverage metrics and constraining reinvestment capacity.
Deal Financing & Integration BurdenLarge note issuances and bridge financings materially increase fixed obligations and near-term leverage after closing. Elevated post-merger debt and integration execution risk raise refinancing needs, interest costs and potential divestiture or regulatory compliance costs that can impair long-term returns.
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 $6.98B.
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 43 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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10
Analyst Consensus
Strong Buy
Average Price Target:
$275.33 (19.58% Upside)
$275.33 (19.58% Upside)
Blogger Sentiment
Neutral
NXST Sentiment 67%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 15.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.7%
Last 30 Days ▲ 5.1%
Last 30 Days ▲ 5.1%
News Sentiment
Bullish
Bullish news 73%
Bearish news 27%
Bearish news 27%
Technicals
SMA
Positive
20 days / 200 days
Momentum
34.98%
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
$275.33
▲(19.58% Upside)
Technical Analysis
Ownership Overview
6.95% Insiders
36.41% Mutual Funds
21.13% Other Institutional Investors
4.05% Public Companies and
Individual Investors