Q2 Earnings Forecast for NXST Issued By Barrington Research

Nexstar Media Group, Inc. (NASDAQ:NXST - Free Report) - Research analysts at Barrington Research increased their Q2 2025 earnings estimates for shares of Nexstar Media Group in a note issued to investors on Tuesday, May 13th. Barrington Research analyst P. Sholl now expects that the company will earn $3.05 per share for the quarter, up from their prior estimate of $2.11. 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 $2.42 EPS, Q4 2025 earnings at $4.02 EPS, FY2025 earnings at $12.98 EPS, Q1 2026 earnings at $4.82 EPS, Q2 2026 earnings at $3.89 EPS, Q3 2026 earnings at $6.35 EPS, Q4 2026 earnings at $10.32 EPS, FY2026 earnings at $25.22 EPS and FY2027 earnings at $13.11 EPS.

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

Several other equities research analysts have also issued reports on NXST. Guggenheim raised their target price on Nexstar Media Group from $210.00 to $220.00 and gave the company a "buy" rating in a research report on Friday, February 28th. StockNews.com lowered shares of Nexstar Media Group from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd. Rosenblatt Securities restated a "buy" rating and set a $200.00 price objective on shares of Nexstar Media Group in a report on Monday, March 10th. Benchmark lowered their price objective on shares of Nexstar Media Group from $225.00 to $215.00 and set a "buy" rating on the stock in a research report on Tuesday, May 6th. Finally, Wells Fargo & Company dropped their target price on shares of Nexstar Media Group from $216.00 to $200.00 and set an "overweight" rating on the stock in a research note on Thursday, May 1st. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $205.71.

Nexstar Media Group Stock Performance

Shares of Nexstar Media Group stock opened at $174.59 on Thursday. The business's fifty day simple moving average is $162.47 and its 200 day simple moving average is $162.22. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 2.98. Nexstar Media Group has a 12 month low of $141.66 and a 12 month high of $191.86. The firm has a market capitalization of $5.33 billion, a P/E ratio of 10.10, a price-to-earnings-growth ratio of 0.45 and a beta of 1.06.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of NXST. Barclays PLC boosted its holdings in shares of Nexstar Media Group by 16.8% in the third quarter. Barclays PLC now owns 45,051 shares of the company's stock worth $7,448,000 after acquiring an additional 6,475 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in Nexstar Media Group by 1.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,487 shares of the company's stock worth $1,073,000 after purchasing an additional 68 shares in the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in Nexstar Media Group by 5.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 2,518 shares of the company's stock worth $398,000 after purchasing an additional 137 shares in the last quarter. Davis Capital Management boosted its stake in Nexstar Media Group by 2.0% in the 4th quarter. Davis Capital Management now owns 6,270 shares of the company's stock worth $990,000 after purchasing an additional 122 shares during the period. Finally, CX Institutional grew its holdings in Nexstar Media Group by 13.1% during the 4th quarter. CX Institutional now owns 1,579 shares of the company's stock valued at $249,000 after buying an additional 183 shares in the last quarter. 95.30% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CEO Perry A. Sook sold 32,096 shares of the business's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $170.67, for a total value of $5,477,824.32. Following the sale, the chief executive officer now owns 806,019 shares of the company's stock, valued at $137,563,262.73. The trade was a 3.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Gary Weitman sold 1,241 shares of the company's stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of $177.21, for a total transaction of $219,917.61. Following the sale, the insider now owns 3,975 shares in the company, valued at $704,409.75. The trade was a 23.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 39,105 shares of company stock valued at $6,722,463. 6.30% of the stock is owned by insiders.

Nexstar Media Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be issued a $1.86 dividend. This represents a $7.44 annualized dividend and a yield of 4.26%. The ex-dividend date is Monday, May 19th. Nexstar Media Group's dividend payout ratio (DPR) is currently 37.69%.

Nexstar Media Group Company Profile

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.

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