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Nexstar Media Group (NXST) Stock Price, News & Analysis

$183.36
+6.14 (+3.46%)
(As of 07/26/2024 ET)
Today's Range
$179.82
$184.21
50-Day Range
$150.56
$181.66
52-Week Range
$132.30
$187.32
Volume
224,226 shs
Average Volume
346,292 shs
Market Capitalization
$6.04 billion
P/E Ratio
15.51
Dividend Yield
3.69%
Price Target
$203.67

Nexstar Media Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
11.1% Upside
$203.67 Price Target
Short Interest
Bearish
6.87% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
1.01mentions of Nexstar Media Group in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$1.08 M Sold Last Quarter
Proj. Earnings Growth
-30.23%
From $27.62 to $19.27 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.63 out of 5 stars

Consumer Discretionary Sector

23rd out of 279 stocks

Television Broadcasting Stations Industry

1st out of 11 stocks

NXST stock logo

About Nexstar Media Group Stock (NASDAQ:NXST)

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. The company offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites, mobile and over-the-top applications, other digital media solutions to media publishers, and advertisers and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks and other multicast network services. Further, its digital assets include local websites, mobile applications, connected television applications, free-ad supported television channels representing products of local television stations, The CW, The Hill and BestReviews, and a suite of advertising solutions. Additionally, the company engages in digital business; and management of real estate assets, including leasing of owned office and production facilities. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

NXST Stock Price History

NXST Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 5/24 Dividend
5/09/2024
Dividend Payable
5/24/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:NXST
CUSIP
65336K10
Employees
13,294
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$203.67
High Stock Price Target
$225.00
Low Stock Price Target
$158.00
Potential Upside/Downside
+11.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
7 Analysts

Profitability

Net Income
$346 million
Pretax Margin
10.06%

Debt

Sales & Book Value

Annual Sales
$4.93 billion
Cash Flow
$40.12 per share
Book Value
$68.17 per share

Miscellaneous

Free Float
30,997,000
Market Cap
$6.04 billion
Optionable
Optionable
Beta
1.50
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NXST Stock Analysis - Frequently Asked Questions

How have NXST shares performed this year?

Nexstar Media Group's stock was trading at $156.75 at the start of the year. Since then, NXST stock has increased by 17.0% and is now trading at $183.36.
View the best growth stocks for 2024 here
.

How were Nexstar Media Group's earnings last quarter?

Nexstar Media Group, Inc. (NASDAQ:NXST) released its earnings results on Thursday, May, 9th. The company reported $5.16 EPS for the quarter, beating analysts' consensus estimates of $4.28 by $0.88. The firm's quarterly revenue was up 2.1% on a year-over-year basis.

What is Perry A. Sook's approval rating as Nexstar Media Group's CEO?

173 employees have rated Nexstar Media Group Chief Executive Officer Perry A. Sook on Glassdoor.com. Perry A. Sook has an approval rating of 46% among the company's employees. This puts Perry A. Sook in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Nexstar Media Group's major shareholders?

Nexstar Media Group's top institutional shareholders include Bank of New York Mellon Corp (1.27%), Van Lanschot Kempen Investment Management N.V. (0.61%), Retirement Systems of Alabama (0.12%) and Raymond James & Associates (0.11%). Insiders that own company stock include Perry A Sook, Thomas Carter, John R Muse, Blake Russell, Brett Jenkins, Gary Weitman, Dennis J Fitzsimons, D Geoffrey Armstrong, Sean Compton, Elizabeth Ryder, Charles Thomas Mcmillen, Lee Ann Gliha, Lisbeth Mcnabb, Andrew Alford, Rachel Morgan, Karen A Brophy, Dana Zimmer, Dennis Miller and Michael Strober.
View institutional ownership trends
.

How do I buy shares of Nexstar Media Group?

Shares of NXST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Nexstar Media Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Nexstar Media Group investors own include Hawkins (HWKN), Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), Chipotle Mexican Grill (CMG), BlackRock (BLK), Aegean Marine Petroleum Network (ANW) and Accenture (ACN).

This page (NASDAQ:NXST) was last updated on 7/26/2024 by MarketBeat.com Staff

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