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

Company Overview

Nexstar Media Group, Inc. is a television broadcasting and digital media company headquartered in Irving, Texas. The company operates local television stations across the United States, with stations affiliated with major networks including ABC, NBC, CBS, FOX, The CW and MyNetworkTV. Its local media operations provide news, weather, sports, entertainment and other programming to audiences in markets nationwide.

Nexstar also owns and operates national media properties, including NewsNation, a cable and streaming news network, and The Hill, a political news and information platform. The company distributes content through broadcast television, cable, digital platforms and streaming services, and generates revenue primarily through advertising, distribution agreements and other media-related activities.

Founded in 1996, Nexstar expanded through acquisitions, including its purchase of Tribune Media in 2019, which significantly increased its local station portfolio and national reach. The company serves communities throughout the United States and is led by Chairman and Chief Executive Officer Perry A. Sook, who founded Nexstar and has guided its growth into a broad-based local and national media organization.

Key Stats

• Today's Range: $168.98 to $173.97
• 50-Day Range: $155.42 to $189.39
• 52-Week Range: $153.17 to $254.30
• Volume: 278,531 shs
• Average Volume: 303,164 shs
• Market Capitalization: $5.28 billion
• P/E Ratio: 32.91
• Dividend Yield: 4.34%
• Price Target: $256.50
• Consensus Rating: Moderate Buy

Nexstar Media Group Stock Analysis - MarketRank™

Nexstar Media Group scored higher than 79% of companies evaluated by MarketBeat, and ranked 71st out of 237 stocks in the communication services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.1 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Nexstar Media Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on no strong buy ratings, 6 buy ratings, 1 hold rating, and 1 sell rating.

Upside Potential

Nexstar Media Group has a consensus price target of $256.50, representing about 49.6% upside from its current price of $171.44.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -43.43%

Earnings Growth

Earnings for Nexstar Media Group are expected to decrease by -43.43% in the coming year, from $32.88 to $18.60 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Nexstar Media Group is 32.91, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Nexstar Media Group is 32.91, which means that it is trading at a more expensive P/E ratio than the Communication Services sector average P/E ratio of about 25.86.

Price to Book Value per Share Ratio

Nexstar Media Group has a P/B Ratio of 2.54. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.80% 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 8.54.

Change versus previous month

Short interest in Nexstar Media Group has recently increased by 1.49%, indicating that investor sentiment is decreasing.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Leadership

Nexstar Media Group is a leading dividend payer. It pays a dividend yield of 4.34%, 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 142.80%. 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 40.00% next year. This indicates that Nexstar Media Group will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 0.59

News Sentiment

Nexstar Media Group has a news sentiment score of 0.59. 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 Communication Services companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Nexstar Media Group this week, compared to 5 articles on an average week.

Search Interest

11 people have searched for NXST on MarketBeat in the last 30 days. This is an increase of 267% compared to the previous 30 days.

MarketBeat Follows

6 people have added Nexstar Media Group to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Nexstar Media Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,733,169.00 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.

Company Calendar

• Last Earnings: 8/06/2026
• Record date for 8/28 Dividend: 8/14/2026
• Ex-Dividend for 8/28 Dividend: 8/14/2026
• Dividend Payable: 8/28/2026
• Today: 11/01/2026
• Next Earnings (Estimated): 11/05/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Communication Services
• Industry: Media
• Sub-Industry: Broadcasting
• Current Symbol: NASDAQ:NXST
• CIK: 1142417
• Web: www.nexstar.tv
• Phone: (972) 373-8800
• Fax: 972-373-8888
• Employees: 12,832
• Year Founded: 1996

Price Target and Rating

• Average Price Target for Nexstar Media Group: $256.50
• High Price Target: $290.00
• Low Price Target: $220.00
• Potential Upside/Downside: +49.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.21
• Trailing P/E Ratio: 32.91
• Forward P/E Ratio: 5.21
• P/E Growth: N/A
• Net Income: $109 million
• Net Margins: 3.20%
• Pretax Margin: 3.61%
• Return on Equity: 24.02%
• Return on Assets: 3.61%

Debt

• Debt-to-Equity Ratio: 5.09
• Current Ratio: 1.56
• Quick Ratio: 1.56

Sales & Book Value

• Annual Sales: $4.95 billion
• Price / Sales: 1.07
• Cash Flow: $40.15 per share
• Price / Cash Flow: 4.27
• Book Value: $67.37 per share
• Price / Book: 2.54

Miscellaneous

• Outstanding Shares: 30,810,000
• Free Float: 28,651,000
• Market Cap: $5.28 billion
• Optionable: Optionable
• Beta: 0.94