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Nexstar Media Group (NXST)
NASDAQ:NXST
Nexstar Media Group (NXST) Stock Price & Analysis
648 Followers
NXST Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$128.39 - $185.42
Previous Close$175.37
Volume216.62K
Average Volume (3M)352.47K
Market Cap
$5.76B
Enterprise Value$12.52B
Total Cash (Recent Filing)$135.00M
Total Debt (Recent Filing)$6.88B
Price to Earnings (P/E)14.8
Beta1.10
Next Earnings
Aug 08, 2024EPS Estimate
$3.3Last Dividend Ex-Date
May 09, 2024Dividend Yield3.47%
Share Statistics
EPS (TTM)11.85
Shares Outstanding32,829,853
10 Day Avg. Volume576,026
30 Day Avg. Volume352,468
Standard Deviation0.12
R-Squared0.46
Alpha-0.00010
Financial Highlights & Ratios
Price to Book (P/B)-0.90
Price to Sales (P/S)3.95
Price to Cash Flow (P/CF)7.10
P/FCF Ratio5.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.54
Enterprise Value/Gross Profit4.50
Enterprise Value/Ebitda10.29
Forecast
1Y Price Target
$210.60Price Target Upside20.09% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
Nexstar Media Group News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceNexstar exhibits strong financial performance, with analysts upgrading the stock to Overweight, reflecting increased confidence in future equity returns.
Shareholder ReturnsWith a strategy focused on shareholder returns, Nexstar has increased its dividend by 25% and continues to use a substantial portion of its free cash flow for repurchases and dividends.
Strategic ControlNexstar's control of the CW Broadcast Network enhances programming control and secures a significant network footprint.
Bears Say
Industry ShiftThe biggest risk to all of Broadcast, including NXST, is an acceleration of viewership moving to streaming platforms.
Network PerformanceLosses from the CW Network have narrowed, yet they continue to create a substantial financial burden.
Revenue ImpactAn acceleration of viewership shifting to streaming services could significantly impact traditional broadcast revenues for NXST.
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Ownership Overview
9.92% Insiders
43.05% Mutual Funds
28.15% Other Institutional Investors
18.87% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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NXST FAQ
What was Nexstar Media Group’s price range in the past 12 months?
Nexstar Media Group lowest stock price was $128.39 and its highest was $185.42 in the past 12 months.
What is Nexstar Media Group’s market cap?
Currently, no data Available
When is Nexstar Media Group’s upcoming earnings report date?
Nexstar Media Group’s upcoming earnings report date is Aug 08, 2024 which is in 17 days.
How were Nexstar Media Group’s earnings last quarter?
Nexstar Media Group released its earnings results on May 09, 2024. The company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $3.969 by $1.191.
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 $1.69 which represents an annual dividend yield of 3.47%. See more information on Nexstar Media Group dividends here
What is Nexstar Media Group’s EPS estimate?
Nexstar Media Group’s EPS estimate is $3.3.
How many shares outstanding does Nexstar Media Group have?
Nexstar Media Group has 32,829,853 shares outstanding.
What happened to Nexstar Media Group’s price movement after its last earnings report?
Nexstar Media Group reported an EPS of $5.16 in its last earnings report, beating expectations of $3.969. Following the earnings report the stock price went up 6.922%.
Which hedge fund is a major shareholder of Nexstar Media Group?
Among the largest hedge funds holding Nexstar Media Group’s share is Bruni J V & Co /Co. It holds Nexstar Media Group’s shares valued at 34M.
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Nexstar Media Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$210.60 (20.09% Upside)
$210.60 (20.09% Upside)
Blogger Sentiment
Bullish
NXST Sentiment 77%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 339.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 0.4%
Last 30 Days ▲ 1.8%
Last 30 Days ▲ 1.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
0.03%
12-Months-Change
Fundamentals
Return on Equity
16.62%
Trailing 12-Months
Asset Growth
-4.16%
Trailing 12-Months
Company Description
Nexstar Media Group
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company. It focuses on the acquisition, development and operation of television stations and interactive community websites and digital media services in the U.S. The company provides services free over-the-air programming which includes programs produced by networks with which the stations are affiliated; programs that the stations produce; and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. Nexstar Media Group was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.
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NXST Earnings Call
Q1 2024
0:00 / 0:00
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NXST Stock 12 Month Forecast
Average Price Target
$210.60
▲(20.09% Upside)
Technical Analysis
Best Analysts Covering NXST
1 Year
1 Year Success Rate
20/25 ratings generated profit
1 Year Average Return
+15.86%
reiterated a buy rating last month
Copying Daniel Kurnos's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +15.86% per trade.
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