Nexstar Media Group (NXST) Competitors

$174.21
+1.91 (+1.11%)
(As of 05/13/2024 ET)

NXST vs. TGNA, PARA, TV, SBGI, GTN, SSP, EVC, FOX, NWS, and FWONA

Should you be buying Nexstar Media Group stock or one of its competitors? The main competitors of Nexstar Media Group include TEGNA (TGNA), Paramount Global (PARA), Grupo Televisa, S.A.B. (TV), Sinclair (SBGI), Gray Television (GTN), E.W. Scripps (SSP), Entravision Communications (EVC), FOX (FOX), News (NWS), and Formula One Group (FWONA). These companies are all part of the "consumer discretionary" sector.

Nexstar Media Group vs.

TEGNA (NYSE:TGNA) and Nexstar Media Group (NASDAQ:NXST) are both mid-cap consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, community ranking, media sentiment, analyst recommendations, dividends, profitability, valuation, risk and earnings.

TEGNA has higher earnings, but lower revenue than Nexstar Media Group. TEGNA is trading at a lower price-to-earnings ratio than Nexstar Media Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
TEGNA$2.91B0.90$476.72M$2.865.43
Nexstar Media Group$4.93B1.16$346M$11.8214.74

In the previous week, TEGNA had 12 more articles in the media than Nexstar Media Group. MarketBeat recorded 33 mentions for TEGNA and 21 mentions for Nexstar Media Group. TEGNA's average media sentiment score of 0.82 beat Nexstar Media Group's score of 0.62 indicating that Nexstar Media Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
TEGNA
8 Very Positive mention(s)
5 Positive mention(s)
12 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Nexstar Media Group
7 Very Positive mention(s)
2 Positive mention(s)
7 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

TEGNA has a beta of 0.5, suggesting that its share price is 50% less volatile than the S&P 500. Comparatively, Nexstar Media Group has a beta of 1.5, suggesting that its share price is 50% more volatile than the S&P 500.

Nexstar Media Group received 64 more outperform votes than TEGNA when rated by MarketBeat users. Likewise, 71.37% of users gave Nexstar Media Group an outperform vote while only 62.78% of users gave TEGNA an outperform vote.

CompanyUnderperformOutperform
TEGNAOutperform Votes
452
62.78%
Underperform Votes
268
37.22%
Nexstar Media GroupOutperform Votes
516
71.37%
Underperform Votes
207
28.63%

TEGNA currently has a consensus target price of $17.00, indicating a potential upside of 9.54%. Nexstar Media Group has a consensus target price of $206.00, indicating a potential upside of 18.25%. Given TEGNA's stronger consensus rating and higher possible upside, analysts plainly believe Nexstar Media Group is more favorable than TEGNA.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TEGNA
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33
Nexstar Media Group
0 Sell rating(s)
1 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83

92.2% of TEGNA shares are owned by institutional investors. Comparatively, 95.3% of Nexstar Media Group shares are owned by institutional investors. 0.9% of TEGNA shares are owned by insiders. Comparatively, 5.9% of Nexstar Media Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

TEGNA has a net margin of 19.48% compared to TEGNA's net margin of 8.29%. TEGNA's return on equity of 17.18% beat Nexstar Media Group's return on equity.

Company Net Margins Return on Equity Return on Assets
TEGNA19.48% 11.86% 4.74%
Nexstar Media Group 8.29%17.18%3.40%

TEGNA pays an annual dividend of $0.46 per share and has a dividend yield of 3.0%. Nexstar Media Group pays an annual dividend of $6.76 per share and has a dividend yield of 3.9%. TEGNA pays out 16.1% of its earnings in the form of a dividend. Nexstar Media Group pays out 57.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. TEGNA has increased its dividend for 1 consecutive years and Nexstar Media Group has increased its dividend for 11 consecutive years. Nexstar Media Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Nexstar Media Group beats TEGNA on 16 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NXST and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NXST vs. The Competition

MetricNexstar Media GroupTelevision broadcasting stations IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$5.72B$5.49B$6.70B$7.80B
Dividend Yield3.92%3.36%2.72%3.93%
P/E Ratio14.749.8618.0618.27
Price / Sales1.160.765.6876.29
Price / Cash4.504.7313.0628.46
Price / Book2.561.085.214.42
Net Income$346M$42.59M$192.67M$216.34M
7 Day Performance3.54%0.77%1.12%-0.35%
1 Month Performance9.03%6.71%2.64%0.42%
1 Year Performance9.02%-12.43%6.01%10.03%

Nexstar Media Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TGNA
TEGNA
1.3889 of 5 stars
$14.67
-0.3%
$17.00
+15.9%
-4.7%$2.58B$2.91B6.496,200Earnings Report
Dividend Increase
Analyst Revision
PARA
Paramount Global
2.8608 of 5 stars
$12.89
-3.0%
$13.58
+5.3%
-13.1%$8.59B$30.07B-85.9321,900
TV
Grupo Televisa, S.A.B.
3.5996 of 5 stars
$3.26
flat
$5.28
+62.0%
-32.0%$1.81B$4.16B-3.7537,374
SBGI
Sinclair
3.6453 of 5 stars
$13.33
-1.6%
$18.14
+36.1%
-5.3%$847.79M$3.13B-2.767,300Dividend Announcement
Analyst Upgrade
Gap Up
GTN
Gray Television
4.5328 of 5 stars
$6.69
+0.5%
$12.80
+91.3%
-9.7%$650.27M$3.28B-4.819,923Earnings Report
Dividend Announcement
Short Interest ↑
Analyst Revision
SSP
E.W. Scripps
4.0282 of 5 stars
$4.29
-3.6%
$11.33
+164.2%
-52.1%$363.88M$2.29B-0.365,200Analyst Upgrade
Gap Up
EVC
Entravision Communications
2.3369 of 5 stars
$2.11
-2.8%
N/A-54.4%$188.44M$1.11B-2.811,657Short Interest ↓
FOX
FOX
2.6304 of 5 stars
$29.85
-0.6%
N/A+9.4%$14.18B$14.91B17.6610,400Short Interest ↓
NWS
News
0.6805 of 5 stars
$25.25
-0.5%
N/A+41.4%$14.42B$9.88B63.1325,000
FWONA
Formula One Group
3.9413 of 5 stars
$64.31
+2.2%
$77.00
+19.7%
-4.0%$15.09B$3.22B0.007,047Analyst Revision
Positive News

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This page (NASDAQ:NXST) was last updated on 5/13/2024 by MarketBeat.com Staff

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