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.
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.
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.
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.
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.
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.
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.
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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.
Skip ChartThis 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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