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Nexstar Media Group (NXST)
NASDAQ:NXST
NXST Stock Chart & Stats
Day’s Range― - ―
52-Week Range$147.25 - $191.86
Previous CloseN/A
Volume50.08K
Average Volume (3M)368.72K
Market Cap
$4.89B
Enterprise Value$12.15B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)8.9
Beta0.98
Next Earnings
Feb 27, 2025EPS Estimate
8.03Next Dividend Ex-Date
Feb 12, 2025Dividend Yield4.39%
Share Statistics
EPS (TTM)17.81
Shares Outstanding31,021,938
10 Day Avg. Volume270,791
30 Day Avg. Volume368,721
Standard Deviation0.12
R-Squared0.43
Alpha-0.00172
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.94
Price to Cash Flow (P/CF)3.20
P/FCF Ratio2.80
Enterprise Value/Market Cap2.48
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit4.33
Enterprise Value/Ebitda6.01
Forecast
1Y Price Target
$203.50Price Target Upside32.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
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Nexstar Media Group News
PremiumMarket News
SCHD ETF News, 2/5/2025
PremiumMarket News
SCHD ETF News, 1/31/2025
PremiumMarket News
SCHD ETF News, 1/28/2025
PremiumMarket News
SCHD ETF News, 1/22/2025
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Bulls Say, Bears Say
Bulls Say
Revenue GrowthStrong distribution growth with Q2 Distribution revenue of $734 million, up 5.5% year-over-year.
Shareholder ReturnsThe company returned $358 million to shareholders in the first half through repurchases and the dividend.
Technological AdvancementsNexstar is using its status as the nation’s largest operator of major network local television broadcast affiliates as a platform it can enhance with technologies including digital ad sales and the advent of ATSC 3.0.
Bears Say
Advertising RevenueNXST's political came in below expectations, and core ads are weaker too.
Profitability ChallengesNewsNation gains mindshare as a serious, politically neutral 24-hour news channel, but profits will likely come slowly.
Revenue EstimatesTrimming estimates for '24 ad revenues ex-political and political, leading to a total '24 revenue estimate of -1% versus prior.
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Ownership Overview
5.93% Insiders
35.57% Mutual Funds
0.56% Other Institutional Investors
24.50% 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 $147.25 and its highest was $191.85 in the past 12 months.
What is Nexstar Media Group’s market cap?
Nexstar Media Group’s market cap is $4.89B.
When is Nexstar Media Group’s upcoming earnings report date?
Nexstar Media Group’s upcoming earnings report date is Feb 27, 2025 which is in 21 days.
How were Nexstar Media Group’s earnings last quarter?
Nexstar Media Group released its earnings results on Nov 07, 2024. The company reported $5.27 earnings per share for the quarter, missing the consensus estimate of $5.412 by -$0.142.
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 4.39%. See more information on Nexstar Media Group dividends here
What is Nexstar Media Group’s EPS estimate?
Nexstar Media Group’s EPS estimate is 8.03.
How many shares outstanding does Nexstar Media Group have?
Nexstar Media Group has 31,021,938 shares outstanding.
What happened to Nexstar Media Group’s price movement after its last earnings report?
Nexstar Media Group reported an EPS of $5.27 in its last earnings report, missing expectations of $5.412. Following the earnings report the stock price went up 2.861%.
Which hedge fund is a major shareholder of Nexstar Media Group?
Currently, no hedge funds are holding shares in NXST
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Nexstar Media Group Stock Smart Score
Underperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$203.50 (32.24% Upside)
$203.50 (32.24% Upside)
Blogger Sentiment
Bullish
NXST Sentiment 87%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 21.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $32.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.6%
Last 30 Days ▲ 1.6%
Last 30 Days ▲ 1.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.42%
12-Months-Change
Fundamentals
Return on Equity
26.15%
Trailing 12-Months
Asset Growth
-2.94%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
Nexstar showcased strong financial performance, driven by record-breaking revenues, especially in political advertising and distribution. However, challenges remain in nonpolitical advertising and specific sectors like auto. Overall, the company's strategic initiatives, including the transformation of the CW Network, demonstrate a positive trajectory.Read More>---
NXST Stock 12 Month Forecast
Average Price Target
$203.50
▲(32.24% Upside)
Technical Analysis
Best Analysts Covering NXST
1 Year
1 Year Success Rate
11/15 ratings generated profit
1 Year Average Return
+22.89%
reiterated a buy rating 11 months ago
Copying Barton Crockett's trades and holding each position for 1 Year would result in 73.33% of your transactions generating a profit, with an average return of +22.89% per trade.
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