NXST FY2025 EPS Estimate Boosted by Barrington Research

Key Points

• Barrington Research has raised its FY2025 earnings per share estimate for Nexstar Media Group to $13.76, up from a previous estimate of $12.98, maintaining an "Outperform" rating and a target price of $200.00.
• Nexstar reported a quarterly earnings of $3.37 per share, beating comparisons with a consensus estimate of $3.26, despite a 3.9% decrease in revenue compared to the same quarter last year.
• The company announced a quarterly dividend of $1.86 per share, representing an annualized yield of 3.97%, with a payout ratio of 37.69%.

Nexstar Media Group, Inc. (NASDAQ:NXST - Free Report) - Equities researchers at Barrington Research upped their FY2025 earnings estimates for shares of Nexstar Media Group in a research report issued to clients and investors on Wednesday, July 30th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings per share of $13.76 for the year, up from their prior forecast of $12.98. Barrington Research has a "Outperform" rating and a $200.00 price target on the stock. The consensus estimate for Nexstar Media Group's current full-year earnings is $21.62 per share. Barrington Research also issued estimates for Nexstar Media Group's Q4 2025 earnings at $4.40 EPS, Q1 2026 earnings at $5.19 EPS, Q3 2026 earnings at $6.85 EPS, FY2026 earnings at $26.57 EPS, Q1 2027 earnings at $5.28 EPS and Q2 2027 earnings at $3.75 EPS.

Nexstar Media Group (NASDAQ:NXST - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $3.37 EPS for the quarter, topping analysts' consensus estimates of $3.26 by $0.11. Nexstar Media Group had a return on equity of 29.21% and a net margin of 12.21%. The company had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same period in the previous year, the firm earned $5.16 earnings per share. The firm's quarterly revenue was down 3.9% on a year-over-year basis.

A number of other analysts also recently weighed in on the company. Benchmark decreased their price target on Nexstar Media Group from $225.00 to $215.00 and set a "buy" rating for the company in a report on Tuesday, May 6th. Wells Fargo & Company cut their target price on Nexstar Media Group from $216.00 to $200.00 and set an "overweight" rating on the stock in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $205.71.

Nexstar Media Group Trading Down 1.3%

Shares of NXST traded down $2.51 during trading hours on Thursday, hitting $184.60. 189,547 shares of the stock were exchanged, compared to its average volume of 279,441. The firm has a market capitalization of $5.63 billion, a P/E ratio of 9.35, a price-to-earnings-growth ratio of 1.34 and a beta of 1.05. The company has a debt-to-equity ratio of 2.86, a current ratio of 1.74 and a quick ratio of 1.74. Nexstar Media Group has a fifty-two week low of $141.66 and a fifty-two week high of $192.36. The business has a 50-day moving average of $176.86 and a 200-day moving average of $166.39.

Nexstar Media Group Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be given a dividend of $1.86 per share. This represents a $7.44 annualized dividend and a dividend yield of 4.0%. Nexstar Media Group's payout ratio is presently 37.69%.

Insider Activity at Nexstar Media Group

In other Nexstar Media Group news, EVP Blake Russell sold 507 shares of the stock in a transaction on Tuesday, June 17th. The stock was sold at an average price of $165.25, for a total transaction of $83,781.75. Following the completion of the transaction, the executive vice president directly owned 24,826 shares of the company's stock, valued at approximately $4,102,496.50. This represents a 2.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dana Zimmer sold 889 shares of Nexstar Media Group stock in a transaction dated Tuesday, June 17th. The stock was sold at an average price of $165.25, for a total transaction of $146,907.25. Following the completion of the transaction, the insider owned 6,201 shares of the company's stock, valued at $1,024,715.25. The trade was a 12.54% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,474 shares of company stock valued at $3,666,988 over the last quarter. 6.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Nexstar Media Group

Large investors have recently made changes to their positions in the stock. IFP Advisors Inc lifted its position in Nexstar Media Group by 375.0% during the second quarter. IFP Advisors Inc now owns 152 shares of the company's stock valued at $26,000 after purchasing an additional 120 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of Nexstar Media Group during the second quarter valued at approximately $43,000. Whipplewood Advisors LLC raised its holdings in shares of Nexstar Media Group by 830.3% during the first quarter. Whipplewood Advisors LLC now owns 307 shares of the company's stock valued at $55,000 after acquiring an additional 274 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its position in Nexstar Media Group by 2,293.8% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 383 shares of the company's stock valued at $69,000 after acquiring an additional 367 shares in the last quarter. Finally, First Horizon Advisors Inc. grew its stake in Nexstar Media Group by 62.3% in the first quarter. First Horizon Advisors Inc. now owns 401 shares of the company's stock worth $72,000 after purchasing an additional 154 shares during the period. 95.30% of the stock is owned by institutional investors.

About Nexstar Media Group

Nexstar Media Group, Inc operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.