What is Barrington Research's Estimate for NXST Q2 Earnings?

Nexstar Media Group, Inc. (NASDAQ:NXST - Free Report) - Equities researchers at Barrington Research lowered their Q2 2025 earnings estimates for shares of Nexstar Media Group in a report issued on Wednesday, April 30th. Barrington Research analyst P. Sholl now anticipates that the company will post earnings of $2.11 per share for the quarter, down from their previous forecast of $2.80. Barrington Research has a "Outperform" rating and a $200.00 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 Q3 2025 earnings at $1.59 EPS, Q4 2025 earnings at $2.96 EPS, FY2025 earnings at $9.39 EPS, Q2 2026 earnings at $2.20 EPS, Q3 2026 earnings at $5.35 EPS, Q4 2026 earnings at $9.91 EPS, FY2026 earnings at $21.12 EPS and FY2027 earnings at $8.85 EPS.

A number of other research analysts have also recently issued reports on NXST. StockNews.com cut Nexstar Media Group from a "buy" rating to a "hold" rating in a report on Monday, March 3rd. Guggenheim upped their price objective on Nexstar Media Group from $210.00 to $220.00 and gave the stock a "buy" rating in a research report on Friday, February 28th. Loop Capital upgraded shares of Nexstar Media Group from a "hold" rating to a "buy" rating and boosted their target price for the stock from $190.00 to $200.00 in a report on Friday, February 28th. Benchmark cut their target price on shares of Nexstar Media Group from $225.00 to $215.00 and set a "buy" rating for the company in a research note on Tuesday. Finally, Wells Fargo & Company lowered their price target on shares of Nexstar Media Group from $216.00 to $200.00 and set an "overweight" rating on the stock in a 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, the company currently has a consensus rating of "Moderate Buy" and an average target price of $205.71.

Nexstar Media Group Stock Down 0.1 %

NASDAQ:NXST traded down $0.12 during trading hours on Monday, hitting $164.19. The stock had a trading volume of 83,036 shares, compared to its average volume of 388,091. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 2.98. The business has a 50 day simple moving average of $162.59 and a two-hundred day simple moving average of $162.20. Nexstar Media Group has a 1-year low of $141.66 and a 1-year high of $191.86. The company has a market cap of $5.01 billion, a PE ratio of 9.50, a price-to-earnings-growth ratio of 0.45 and a beta of 1.06.

Nexstar Media Group (NASDAQ:NXST - Get Free Report) last posted its earnings results on Thursday, May 8th. The company reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.26 by $0.11. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.23 billion. Nexstar Media Group had a net margin of 11.39% and a return on equity of 26.03%. The firm's revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $5.16 EPS.

Institutional Trading of Nexstar Media Group

Institutional investors have recently modified their holdings of the business. Phocas Financial Corp. boosted its holdings in shares of Nexstar Media Group by 52.6% in the first quarter. Phocas Financial Corp. now owns 74,722 shares of the company's stock worth $13,392,000 after acquiring an additional 25,756 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Nexstar Media Group by 1.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 127,264 shares of the company's stock valued at $22,808,000 after purchasing an additional 1,966 shares during the period. US Bancorp DE grew its position in shares of Nexstar Media Group by 7.5% in the 1st quarter. US Bancorp DE now owns 2,947 shares of the company's stock worth $528,000 after buying an additional 205 shares during the period. Foster & Motley Inc. boosted its stake in Nexstar Media Group by 8.5% during the first quarter. Foster & Motley Inc. now owns 41,063 shares of the company's stock worth $7,359,000 after acquiring an additional 3,202 shares in the last quarter. Finally, Arkadios Wealth Advisors bought a new position in shares of Nexstar Media Group during the first quarter valued at approximately $340,000. 95.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO Perry A. Sook sold 32,096 shares of the company's stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $170.67, for a total transaction of $5,477,824.32. Following the transaction, the chief executive officer now owns 806,019 shares of the company's stock, valued at $137,563,262.73. This represents a 3.83 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Charles Thomas Mcmillen sold 2,000 shares of the company's stock in a transaction dated Wednesday, March 5th. The shares were sold at an average price of $169.51, for a total transaction of $339,020.00. Following the sale, the director now directly owns 4,975 shares in the company, valued at approximately $843,312.25. This trade represents a 28.67 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 39,105 shares of company stock worth $6,722,463. 6.30% of the stock is currently owned by corporate insiders.

Nexstar Media Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Shareholders of record on Monday, May 19th will be issued a $1.86 dividend. This represents a $7.44 annualized dividend and a yield of 4.53%. The ex-dividend date is Monday, May 19th. Nexstar Media Group's dividend payout ratio is currently 34.56%.

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.