Nexstar Media Group (NXST)
NASDAQ:NXST
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NXST Stock Chart & Stats
$200.78
-$3.06(-1.89%)
At close: 4:00 PM EST
$200.78
-$3.06(-1.89%)
Day’s Range― - ―
52-Week Range$154.47 - $254.30
Previous CloseN/A
Volume50.08K
Average Volume (3M)373.10K
Market Cap
$4.72B
Enterprise Value$16.94B
Total Cash (Recent Filing)$379.00M
Total Debt (Recent Filing)$12.26B
Price to Earnings (P/E)30.7
Beta0.59
Next Earnings
Aug 06, 2026EPS Estimate
5.91Next Dividend Ex-DateN/A
Dividend Yield3.66%
Share Statistics
EPS (TTM)5.04
Shares Outstanding30,538,965
10 Day Avg. Volume393,396
30 Day Avg. Volume373,099
Financial Highlights & Ratios
PEG Ratio-0.78
Price to Book (P/B)2.99
Price to Sales (P/S)1.25
P/FCF Ratio8.29
Enterprise Value/Market Cap3.59
Enterprise Value/Revenue3.31
Enterprise Value/Gross Profit7.32
Enterprise Value/Ebitda9.90
Forecast
1Y Price Target
$255.00Price Target Upside27.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)31.92
Revenue Forecast (FY)$7.47B
Bulls Say, Bears Say
Bulls Say
Expanded Broadcast Footprint From TEGNA AcquisitionClosing TEGNA materially increases Nexstar's scale, market reach and retransmission fee negotiating leverage across local markets. Greater scale supports durable distribution economics, higher carriage fees potential and a broader advertising base that can sustain revenue and margin over multiple cycles.
Consistent Cash Generation And High Adjusted EBITDA/FCFStrong adjusted EBITDA and free cash flow indicate the business converts revenue into cash reliably, enabling dividend payments, debt repayment and strategic investments. This cash generation capacity underpins long-term financial resilience despite cyclicality in ad demand.
Improving Network Assets And Expanded Digital DistributionBroader distribution via ESPN and Roku strengthens network monetization, increases audience reach and diversifies ad inventory beyond linear TV. Durable distribution deals reduce reliance on single platforms and help monetize network content and sports rights over multiple years.
Bears Say
Elevated Leverage Post-acquisitionMaterial debt build from the TEGNA deal leaves Nexstar with high refinancing and interest-rate exposure, constraining capital allocation. Persistent elevated leverage can limit investment, raise interest costs and heighten sensitivity to advertising cycles over the next several quarters.
Ongoing Litigation And Hold-separate OrderActive lawsuits and a hold-separate order delay integration, synergies, and cost saves, creating operational uncertainty. Protracted legal risk can increase legal and compliance costs, postpone expected revenue and cost benefits, and impair visibility for 2–6+ month planning horizons.
Advertising Softness And Digital Revenue HeadwindsWeakness in core ad categories and losses in digital programmatic/sponsor business pressure top-line growth and ad mix quality. Structural ad demand volatility and concentrated digital customer loss can compress margins and reduce predictable cash flow over multiple quarters.
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 $154.47 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 $4.72B.
When is Nexstar Media Group’s upcoming earnings report date?
Nexstar Media Group’s upcoming earnings report date is Aug 06, 2026 which is in 41 days.
How were Nexstar Media Group’s earnings last quarter?
Nexstar Media Group released its earnings results on May 07, 2026. The company reported $5.09 earnings per share for the quarter, beating the consensus estimate of $4.427 by $0.663.
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 5.91.
How many shares outstanding does Nexstar Media Group have?
Nexstar Media Group has 30,538,965 shares outstanding.
What happened to Nexstar Media Group’s price movement after its last earnings report?
Nexstar Media Group reported an EPS of $5.09 in its last earnings report, beating expectations of $4.427. Following the earnings report the stock price went down -1.364%.
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
Moderate Buy
Average Price Target:
$255.00 (27.00% Upside)
$255.00 (27.00% Upside)
Blogger Sentiment
Neutral
NXST Sentiment 67%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Increased
By 85.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.9M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▲ 1.1%
Last 30 Days ▼ 1.9%
Last 30 Days ▼ 1.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.19%
12-Months-Change
Fundamentals
Return on Equity
7.52%
Trailing 12-Months
Asset Growth
58.60%
Trailing 12-Months
Company Description
Nexstar Media Group
Nexstar Media Group, Inc. is a diversified U.S. media corporation focused on broadcast television and digital content. The company specializes in the strategic acquisition, development, and management of local television stations, along with operating interactive community-focused websites and a variety of digital media services. It provides no-cost programming to television viewers across the nation. By the end of 2020, Nexstar directly owned, operated, programmed, or offered sales and other services to 198 television stations. Furthermore, it extended sales, programming, and other support through local service agreements to an additional 37 independent power television stations. The company also furnishes advanced video and display advertising solutions, which can be deployed both locally and nationally across its own digital platforms and various third-party websites and mobile applications. Nexstar is also the proprietor of WGN America, a national cable channel featuring general entertainment. Its broad network of stations is affiliated with major broadcast networks such as ABC, NBC, FOX, CBS, The CW, and MyNetworkTV, among others. Originally known as Nexstar Broadcasting Group, Inc., the company adopted its current name, Nexstar Media Group, Inc., in January 2017. Founded in 1996, its corporate headquarters are located in Irving, Texas.
NXST Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call highlighted significant operational and financial achievements — record consolidated revenue, strong adjusted EBITDA and free cash flow, rapid audience growth at NewsNation, progress toward CW profitability, and strategic digital distribution deals — alongside disciplined capital allocation and early deleveraging actions. However, material risk remains from ongoing litigation that requires TEGNA to operate separately, elevated post‑acquisition leverage and higher interest/one‑time costs, and a softer near‑term advertising backdrop with some digital segment weakness. Overall, the positives in quarterly performance, audience and distribution momentum, and clear capital‑return and deleveraging priorities outweigh the near‑term legal and advertising headwinds, though legal uncertainty and debt levels are meaningful risks to monitor.View all NXST earnings summariesNXST Stock 12 Month Forecast
Average Price Target
$255.00
▲(27.00% Upside)
Technical Analysis
Ownership Overview
6.94% Insiders
36.92% Mutual Funds
21.33% Other Institutional Investors
3.80% Public Companies and
Individual Investors