Q3 Earnings Estimate for NXST Issued By Barrington Research

Key Points

• Barrington Research has raised its Q3 2025 earnings per share estimate for Nexstar Media Group from $2.42 to $2.84, maintaining an "Outperform" rating with a target price of $200.00.
• Nexstar recently reported Q1 earnings of $3.37 per share, exceeding analysts' estimates of $3.26, despite a 3.9% year-over-year decline in revenue.
• Institutional investors own 95.30% of Nexstar Media Group's stock, with significant recent increases from firms like IFP Advisors Inc and Caitong International Asset Management Co. Ltd.

Nexstar Media Group, Inc. (NASDAQ:NXST - Free Report) - Equities researchers at Barrington Research raised their Q3 2025 earnings per share estimates for shares of Nexstar Media Group in a research note issued on Wednesday, July 30th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings of $2.84 per share for the quarter, up from their previous forecast of $2.42. 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 Q2 2026 earnings at $4.52 EPS, Q4 2026 earnings at $10.18 EPS and FY2027 earnings at $17.35 EPS.

Nexstar Media Group (NASDAQ:NXST - Get Free Report) last announced its earnings results on Thursday, May 8th. The company reported $3.37 earnings per share (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 firm had revenue of $1.23 billion during the quarter, compared to analysts' expectations of $1.23 billion. During the same quarter in the prior year, the business earned $5.16 earnings per share. The company's revenue was down 3.9% on a year-over-year basis.

A number of other equities research analysts have also commented on the company. Benchmark dropped their price target on 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. Wells Fargo & Company decreased their price target on Nexstar Media Group from $216.00 to $200.00 and set an "overweight" rating for the company in a research note on Thursday, May 1st. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $205.71.

Nexstar Media Group Trading Down 1.3%

NASDAQ:NXST traded down $2.51 during mid-day trading on Friday, hitting $186.07. The company had a trading volume of 82,310 shares, compared to its average volume of 416,351. Nexstar Media Group has a fifty-two week low of $141.66 and a fifty-two week high of $192.36. The business's fifty day moving average is $177.20 and its two-hundred day moving average is $166.83. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.74 and a current ratio of 1.74. The firm has a market cap of $5.68 billion, a P/E ratio of 9.43, a P/E/G ratio of 1.32 and a beta of 1.05.

Institutional Investors Weigh In On Nexstar Media Group

A number of large investors have recently made changes to their positions in NXST. 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 period. LRI Investments LLC acquired a new position in shares of Nexstar Media Group in the second quarter worth about $43,000. Whipplewood Advisors LLC raised its position in shares of Nexstar Media Group by 830.3% in the first quarter. Whipplewood Advisors LLC now owns 307 shares of the company's stock worth $55,000 after acquiring an additional 274 shares during the period. Caitong International Asset Management Co. Ltd raised its position in shares of Nexstar Media Group by 2,293.8% in the first quarter. Caitong International Asset Management Co. Ltd now owns 383 shares of the company's stock worth $69,000 after acquiring an additional 367 shares during the period. Finally, First Horizon Advisors Inc. raised its position in shares of 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 acquiring an additional 154 shares during the period. 95.30% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, COO Michael Biard sold 2,182 shares of Nexstar Media Group stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $173.59, for a total transaction of $378,773.38. Following the completion of the sale, the chief operating officer owned 7,218 shares of the company's stock, valued at approximately $1,252,972.62. The trade was a 23.21% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Sean Compton sold 1,088 shares of Nexstar Media Group stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $175.53, for a total transaction of $190,976.64. Following the transaction, the insider directly owned 12,096 shares in the company, valued at approximately $2,123,210.88. The trade was a 8.25% decrease in their ownership of the stock. 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 in the last 90 days. 6.70% of the stock is owned by company insiders.

Nexstar Media Group Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Friday, August 15th will be issued a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date of this dividend is Friday, August 15th. 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.