FY2025 EPS Estimates for NXST Cut by Barrington Research

Key Points

• Barrington Research has lowered its FY2025 EPS forecast for Nexstar Media Group to $13.46, down from $13.76, while maintaining an "Outperform" rating and a price target of $225.00.
• The company's most recent quarterly earnings resulted in $3.06 EPS, surpassing the consensus estimate of $2.95, despite a year-over-year revenue decline of 3.2%.
• Nexstar Media Group announced a quarterly dividend of $1.86 per share, with a payout ratio of 38.63%, representing an annualized yield of 3.7%.

Nexstar Media Group, Inc. (NASDAQ:NXST - Free Report) - Analysts at Barrington Research dropped their FY2025 EPS estimates for Nexstar Media Group in a research report issued to clients and investors on Monday, August 11th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings per share of $13.46 for the year, down from their prior estimate of $13.76. Barrington Research has a "Outperform" rating and a $225.00 price objective 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 $4.10 EPS, Q2 2026 earnings at $5.37 EPS, Q2 2027 earnings at $4.68 EPS and FY2027 earnings at $18.62 EPS.

Nexstar Media Group (NASDAQ:NXST - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.95 by $0.11. Nexstar Media Group had a net margin of 11.90% and a return on equity of 28.40%. The firm had revenue of $1.23 billion for the quarter, compared to analysts' expectations of $1.21 billion. During the same period last year, the firm earned $3.54 earnings per share. The business's revenue for the quarter was down 3.2% on a year-over-year basis.

A number of other brokerages have also recently weighed in on NXST. Benchmark lifted their price target on shares of Nexstar Media Group from $220.00 to $225.00 and gave the stock a "buy" rating in a research report on Friday, August 8th. Zacks Research raised shares of Nexstar Media Group to a "hold" rating in a research report on Friday, August 8th. Finally, Wells Fargo & Company lifted their price target on shares of Nexstar Media Group from $206.00 to $250.00 and gave the stock an "overweight" rating in a research report on Friday, August 8th. Two equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $220.00.

Nexstar Media Group Trading Down 2.3%

NXST stock traded down $4.95 during midday trading on Wednesday, reaching $206.36. The company's stock had a trading volume of 311,327 shares, compared to its average volume of 378,852. The business's 50-day simple moving average is $182.10 and its 200-day simple moving average is $169.30. The stock has a market cap of $6.26 billion, a PE ratio of 10.71, a price-to-earnings-growth ratio of 1.53 and a beta of 1.05. Nexstar Media Group has a 52 week low of $141.66 and a 52 week high of $212.43. The company has a quick ratio of 1.74, a current ratio of 1.69 and a debt-to-equity ratio of 2.80.

Nexstar Media Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Shareholders of record on Friday, August 15th will be paid a $1.86 dividend. This represents a $7.44 annualized dividend and a yield of 3.6%. The ex-dividend date is Friday, August 15th. Nexstar Media Group's payout ratio is presently 38.63%.

Insider Transactions at Nexstar Media Group

In other Nexstar Media Group news, EVP Rachel Morgan sold 329 shares of Nexstar Media Group stock in a transaction on Tuesday, June 17th. The shares were sold at an average price of $165.25, for a total value of $54,367.25. Following the sale, the executive vice president directly owned 2,122 shares in the company, valued at approximately $350,660.50. The trade was a 13.42% decrease in their position. The sale was disclosed in a filing 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 on Tuesday, June 17th. The shares were sold at an average price of $165.25, for a total transaction of $146,907.25. Following the completion of the sale, the insider owned 6,201 shares in the company, valued at $1,024,715.25. The trade was a 12.54% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 21,474 shares of company stock worth $3,666,988. 6.70% of the stock is owned by insiders.

Institutional Investors Weigh In On Nexstar Media Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NXST. IFP Advisors Inc increased its stake in Nexstar Media Group by 375.0% in the 2nd quarter. IFP Advisors Inc now owns 152 shares of the company's stock valued at $26,000 after buying an additional 120 shares during the last quarter. Allworth Financial LP grew its position in shares of Nexstar Media Group by 617.2% in the 2nd quarter. Allworth Financial LP now owns 208 shares of the company's stock valued at $36,000 after acquiring an additional 179 shares during the period. LRI Investments LLC bought a new position in shares of Nexstar Media Group in the 2nd quarter valued at about $43,000. Parkside Financial Bank & Trust grew its position in shares of Nexstar Media Group by 70.6% in the 2nd quarter. Parkside Financial Bank & Trust now owns 273 shares of the company's stock valued at $47,000 after acquiring an additional 113 shares during the period. Finally, Whipplewood Advisors LLC grew its position in shares of Nexstar Media Group by 830.3% in the 1st quarter. Whipplewood Advisors LLC now owns 307 shares of the company's stock valued at $55,000 after acquiring an additional 274 shares during the period. 95.30% of the stock is currently owned by institutional investors and hedge funds.

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.