Go Pro
NASDAQ:NXST

Nexstar Media Group (NXST) Stock Price, News & Analysis

Nexstar Media Group logo
$192.43 -4.51 (-2.29%)
Closing price 04:00 PM Eastern
Extended Trading
$190.30 -2.13 (-1.11%)
As of 06:13 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

About Nexstar Media Group Stock (NASDAQ:NXST)

Advanced

Key Stats

Today's Range
$187.60
$194.41
50-Day Range
$154.70
$196.94
52-Week Range
$154.47
$254.30
Volume
298,028 shs
Average Volume
393,596 shs
Market Capitalization
$5.88 billion
P/E Ratio
41.29
Dividend Yield
3.87%
Price Target
$259.67
Consensus Rating
Moderate Buy

Company Overview

Nexstar Media Group, Inc. is a diversified American media company engaged primarily in the ownership, operation and strategic affiliation of local television stations, digital platforms and cable networks. The company provides a range of broadcast content, including local news, sports coverage, entertainment programming and syndicated shows, reaching audiences in more than 100 television markets across the United States.

Founded in 1996 by entrepreneur Perry Sook and headquartered in Irving, Texas, Nexstar has built its presence through organic growth and a series of high-profile acquisitions. Key milestones include the 2017 merger with Media General and the 2019 acquisition of Tribune Media, which significantly expanded its station footprint. In late 2022, the company assumed a majority stake in The CW network, augmenting its national programming capabilities and distribution reach.

In addition to traditional broadcast operations, Nexstar has diversified into cable news and digital marketing services. The company launched NewsNation, a national cable news channel offering unbiased news coverage, and operates digital advertising platforms such as Yashi and Lakana, providing local and national advertisers with targeted marketing solutions across video, display and mobile channels.

Under the leadership of founder and Chief Executive Officer Perry Sook, Nexstar continues to pursue a strategy of local content excellence and digital innovation. The company’s senior management team oversees a portfolio of more than 200 television stations, cable networks and digital assets, delivering content and advertising services to a broad range of viewers and clients throughout the United States.

AI Generated. May Contain Errors.

Nexstar Media Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
91st Percentile Overall Score

NXST MarketRank™: 

Nexstar Media Group scored higher than 91% of companies evaluated by MarketBeat, and ranked 18th out of 266 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Nexstar Media Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on no strong buy ratings, 6 buy ratings, 2 hold ratings, and no sell ratings.

  • Upside Potential

    Nexstar Media Group has a consensus price target of $259.67, representing about 34.9% upside from its current price of $192.46.

  • Amount of Analyst Coverage

    Nexstar Media Group has only been the subject of 4 research reports in the past 90 days.

  • Read more about Nexstar Media Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Nexstar Media Group are expected to decrease by -47.22% in the coming year, from $37.46 to $19.77 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Nexstar Media Group is 41.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 39.98.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Nexstar Media Group is 41.30, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 19.62.

  • Price to Earnings Growth Ratio

    Nexstar Media Group has a PEG Ratio of 0.52. PEG Ratios below 1 indicate that a company could be undervalued.

  • Price to Book Value per Share Ratio

    Nexstar Media Group has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Nexstar Media Group's valuation and earnings.
  • Percentage of Shares Shorted

    8.14% of the float of Nexstar Media Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Nexstar Media Group has a short interest ratio ("days to cover") of 5.73.
  • Change versus previous month

    Short interest in Nexstar Media Group has recently increased by 6.71%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Nexstar Media Group is a leading dividend payer. It pays a dividend yield of 3.84%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Nexstar Media Group has been increasing its dividend for 12 years.

  • Dividend Coverage

    The dividend payout ratio of Nexstar Media Group is 159.66%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, Nexstar Media Group will have a dividend payout ratio of 37.63% next year. This indicates that Nexstar Media Group will be able to sustain or increase its dividend.

  • Read more about Nexstar Media Group's dividend.
  • News Sentiment

    Nexstar Media Group has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Nexstar Media Group this week, compared to 6 articles on an average week.
  • Search Interest

    Only 7 people have searched for NXST on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Nexstar Media Group to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Nexstar Media Group insiders have sold 110.29% more of their company's stock than they have bought. Specifically, they have bought $1,985,251.00 in company stock and sold $4,174,731.00 in company stock.

  • Percentage Held by Insiders

    7.00% of the stock of Nexstar Media Group is held by insiders.

  • Percentage Held by Institutions

    95.30% of the stock of Nexstar Media Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Nexstar Media Group's insider trading history.
Receive NXST Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nexstar Media Group and its competitors with MarketBeat's FREE daily newsletter.

SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

NXST Stock News Headlines

The dollar reset no one told you about
Porter Stansberry says a dollar reset is underway - one that has happened only once before in America's 250-year history, back in 1974 with a secret Saudi deal that reshaped an entire generation's wealth. Today, a landmark treaty called Pax Silica - signed by 13 nations in December 2025 and barely covered in the press - is at the center of what Fortune calls 'the biggest change to the world's relationship with the dollar' in a generation. The stocks to buy, the assets to avoid, and the moves to consider are outlined in Stansberry's new briefing.tc pixel
See More Headlines

NXST Stock Analysis - Frequently Asked Questions

Nexstar Media Group's stock was trading at $203.05 at the beginning of 2026. Since then, NXST shares have decreased by 5.2% and is now trading at $192.4580.

Nexstar Media Group, Inc. (NASDAQ:NXST) released its quarterly earnings results on Thursday, November, 6th. The company reported $2.14 EPS for the quarter, missing analysts' consensus estimates of $2.62 by $0.48. Nexstar Media Group's revenue for the quarter was down 12.3% compared to the same quarter last year.
Read the conference call transcript
.

Nexstar Media Group's top institutional shareholders include CX Institutional (0.13%), Handelsbanken Fonder AB (0.03%), Wedge Capital Management L L P NC (0.03%) and Gradient Investments LLC (0.03%). Insiders that own company stock include Perry A Sook, Thomas Carter, Jay M Grossman, Brett Jenkins, Blake Russell, John R Muse, Lee Ann Gliha, Michael Biard, Andrew Alford, Sean Compton, Dennis J Fitzsimons, D Geoffrey Armstrong, Gary Weitman, Dana Zimmer, Lisbeth Mcnabb, Charles Thomas Mcmillen, Bernadette S Aulestia, Lindsey Knapp, Rachel Morgan, Dan Lanzano and Michael Strober.
View institutional ownership trends
.

Shares of NXST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nexstar Media Group investors own include Chevron (CVX), Bristol Myers Squibb (BMY), Charles Schwab (SCHW), McKesson (MCK), Comcast (CMCSA), Hawkins (HWKN) and Edwards Lifesciences (EW).

Company Calendar

Last Earnings
11/06/2025
Record date for 5/29 Dividend
5/15/2026
Ex-Dividend for 5/29 Dividend
5/15/2026
Dividend Payable
5/29/2026
Today
7/30/2026
Next Earnings (Estimated)
8/06/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
MEDIA CONGLOM
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:NXST
CIK
1142417
Employees
12,832
Year Founded
1996

Price Target and Rating

High Price Target
$290.00
Low Price Target
$220.00
Potential Upside/Downside
+34.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
8 Analysts

Profitability

EPS (Trailing Twelve Months)
$4.66
Trailing P/E Ratio
41.29
Forward P/E Ratio
5.14
P/E Growth
0.52
Net Income
$109 million
Net Margins
3.23%
Pretax Margin
3.23%
Return on Equity
22.97%
Return on Assets
3.88%

Debt

Debt-to-Equity Ratio
5.53
Current Ratio
1.76
Quick Ratio
1.76

Sales & Book Value

Annual Sales
$5.11 billion
Price / Sales
1.15
Cash Flow
$39.84 per share
Price / Cash Flow
4.83
Book Value
$67.37 per share
Price / Book
2.86

Miscellaneous

Outstanding Shares
30,539,000
Free Float
28,401,000
Market Cap
$5.88 billion
Optionable
Optionable
Beta
0.91

Social Links

The Infrastructure's Backbone: 10 Stocks Powering the AI Buildout Cover

The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.

Get This Free Report

This page (NASDAQ:NXST) was last updated on 7/30/2026 by MarketBeat.com Staff.
From Our Partners