Nexstar Broadcasting Group Company Profile (NASDAQ:NXST)

About Nexstar Broadcasting Group

Nexstar Broadcasting Group logoNexstar Broadcasting Group, Inc. (Nexstar) is a television broadcasting and digital media company. The Company is focused on the acquisition, development and operation of television stations and interactive community Websites in medium-sized markets in the United States. The Company's segments include Broadcasting and Other. The broadcast segment includes television stations and related community focused Websites that Nexstar owns, operates, programs or provides sales and other services to in various markets across the United States. The Company owns, operates, programs or provides sales and other services to approximately 100 full power television stations in over 60 markets in the states of Alabama, Arizona, Florida, Illinois, Maryland, Michigan, Missouri and Montana, among others. Its digital media businesses provide digital publishing and content management platforms, a digital video advertising platform and other digital media solutions to media publishers and advertisers.

Industry, Sector and Symbol:
  • Sector: Consumer Discretionary
  • Industry: Broadcasting - TV
  • Sub-Industry: Broadcasting
  • Exchange: NASDAQ
  • Symbol: NXST
  • CUSIP: 65336K10
Key Metrics:
  • Previous Close: $51.51
  • 50 Day Moving Average: $52.58
  • 200 Day Moving Average: $48.83
  • Trailing P/E Ratio: 18.06
  • Foreward P/E Ratio: 17.40
  • P/E Growth: 1.83
  • Market Cap: $1.58B
  • Outstanding Shares: 30,687,000
  • Beta: 2.24
Additional Links:
Companies Related to Nexstar Broadcasting Group:

Analyst Ratings

Consensus Ratings for Nexstar Broadcasting Group (NASDAQ:NXST) (?)
Ratings Breakdown: 8 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $68.14 (32.29% upside)

Analysts' Ratings History for Nexstar Broadcasting Group (NASDAQ:NXST)
DateFirmActionRatingPrice TargetDetails
8/5/2016Jefferies GroupReiterated RatingBuyView Rating Details
7/18/2016Wells Fargo & Co.Reiterated RatingPositive$66.00View Rating Details
5/20/2016Noble FinancialReiterated RatingBuy$63.00 -> $75.00View Rating Details
4/18/2016Benchmark Co.Boost Price TargetBuy$66.00 -> $70.00View Rating Details
2/6/2016StephensReiterated RatingBuyView Rating Details
1/28/2016WedbushReiterated RatingOutperform$64.00View Rating Details
1/28/2016GabelliUpgradeHold -> BuyView Rating Details
12/28/2015Barrington ResearchInitiated CoverageBuyView Rating Details
10/10/2014Evercore ISIUpgradeHold -> BuyView Rating Details
(Data available from 8/27/2014 forward)


Earnings History for Nexstar Broadcasting Group (NASDAQ:NXST)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/9/2016Q216$0.85$0.78$265.19 million$261.99 millionViewN/AView Earnings Details
5/3/2016Q116$0.67$0.69$251.59 million$255.66 millionViewN/AView Earnings Details
2/25/2016Q415$0.88$0.86$247.79 million$276.77 millionViewListenView Earnings Details
11/3/2015Q315$0.59$0.54$222.09 million$224.90 millionViewN/AView Earnings Details
8/6/2015Q215$0.53$0.63$215.54 million$221.32 millionViewN/AView Earnings Details
5/7/2015Q115$0.35$0.40$193.90 million$203.39 millionViewN/AView Earnings Details
2/26/2015Q414$0.82$0.96$186.20 million$192.80 millionViewN/AView Earnings Details
11/7/2014Q314$0.49$0.48$155.90 million$157.70 millionViewN/AView Earnings Details
8/7/2014Q214$0.32$0.34$144.12 million$143.90 millionViewN/AView Earnings Details
5/8/2014Q114$0.26($0.09)$132.20 million$72.20 millionViewN/AView Earnings Details
2/26/2014Q413$0.37($0.41)$137.84 million$138.12 millionViewN/AView Earnings Details
11/5/2013Q313$0.22$0.11$121.65 million$125.79 millionViewN/AView Earnings Details
8/7/2013Q2 2013$0.29$0.20$123.09 million$126.20 millionViewN/AView Earnings Details
5/8/2013Q1 2013$0.12$0.02$109.81 million$112.21 millionViewN/AView Earnings Details
11/6/2012Q312$0.23$0.31$92.40 million$89.46 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Nexstar Broadcasting Group (NASDAQ:NXST)
Current Year EPS Consensus Estimate: $3.85 EPS
Next Year EPS Consensus Estimate: $2.96 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165$0.57$0.84$0.72
Q2 20163$0.87$0.91$0.88
Q3 20163$0.82$1.05$0.94
Q4 20163$0.82$1.69$1.38
Q1 20172$0.61$0.67$0.64
Q2 20172$0.78$0.81$0.80
Q3 20172$0.67$0.79$0.73
Q4 20172$1.01$1.13$1.07
Q1 20181$0.84$0.84$0.84
Q2 20181$1.02$1.02$1.02
(Data provided by Zacks Investment Research)


Current Dividend Information for Nexstar Broadcasting Group (NASDAQ:NXST)
Annual Dividend:$0.96
Dividend Yield:1.86%
Payout Ratio:33.45% (Based on Trailing 12 Months of Earnings)
24.94% (Based on Current Year Consensus EPS Estimate)
32.43% (Based on Next Year Consensus EPS Estimate)

Dividend History for Nexstar Broadcasting Group (NASDAQ:NXST)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Nexstar Broadcasting Group (NASDAQ:NXST)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/12/2016Blake RussellSVPSell10,000$52.38$523,800.00View SEC Filing  
8/11/2016Thomas CarterCFOSell1,236$51.52$63,678.72View SEC Filing  
2/29/2016Thomas CarterCFOBuy1,000$44.55$44,550.00View SEC Filing  
12/8/2015Blake RussellSVPSell7,000$57.80$404,600.00View SEC Filing  
9/25/2015Julie PruettSVPSell4,710$44.77$210,866.70View SEC Filing  
6/25/2015Perry A SookCEOSell174,930$56.99$9,969,260.70View SEC Filing  
6/25/2015Timothy C BuschCOOSell17,500$57.27$1,002,225.00View SEC Filing  
6/23/2015Perry A SookCEOSell72,677$57.27$4,162,211.79View SEC Filing  
6/23/2015Timothy C BuschCOOSell15,000$57.15$857,250.00View SEC Filing  
6/22/2015Lisbeth McnabbDirectorSell500$57.25$28,625.00View SEC Filing  
6/22/2015Timothy C BuschCOOSell5,000$57.25$286,250.00View SEC Filing  
6/19/2015Perry A SookCEOSell20,029$57.30$1,147,661.70View SEC Filing  
6/15/2015Lisbeth McnabbDirectorSell750$57.00$42,750.00View SEC Filing  
6/3/2015Timothy C BuschCOOSell5,000$58.03$290,150.00View SEC Filing  
3/23/2015Perry A SookCEOSell10,781$57.56$620,554.36View SEC Filing  
3/18/2015Brian JonesCOOSell6,159$58.00$357,222.00View SEC Filing  
3/18/2015Perry A SookCEOSell8,719$58.00$505,702.00View SEC Filing  
3/17/2015Perry A SookCEOSell12,864$58.00$746,112.00View SEC Filing  
3/16/2015Perry A SookCEOSell5,362$58.00$310,996.00View SEC Filing  
3/16/2015Timothy C BuschCOOSell10,000$56.99$569,900.00View SEC Filing  
3/6/2015Timothy C BuschCOOSell13,000$56.03$728,390.00View SEC Filing  
3/4/2015Blake RussellSVPSell3,000$55.51$166,530.00View SEC Filing  
3/4/2015Timothy C BuschCOOSell7,000$55.48$388,360.00View SEC Filing  
3/3/2015Dennis MillerDirectorBuy4,500$54.89$247,005.00View SEC Filing  
12/26/2014Perry A SookCEOSell73,421$52.52$3,856,070.92View SEC Filing  
12/26/2014Timothy C BuschCOOSell14,000$52.78$738,920.00View SEC Filing  
12/23/2014Perry A SookCEOSell26,579$52.51$1,395,663.29View SEC Filing  
12/23/2014Thomas CarterCFOSell5,000$52.39$261,950.00View SEC Filing  
12/23/2014Timothy C BuschCOOSell6,000$52.48$314,880.00View SEC Filing  
12/22/2014Timothy C BuschCOOSell15,000$51.82$777,300.00View SEC Filing  
11/25/2014Perry A SookCEOSell76,859$50.61$3,889,833.99View SEC Filing  
11/25/2014Timothy C BuschVPSell18,769$50.54$948,585.26View SEC Filing  
11/24/2014Thomas CarterCFOSell25,000$50.20$1,255,000.00View SEC Filing  
11/17/2014Lisbeth McnabbDirectorSell400$47.69$19,076.00View SEC Filing  
9/24/2014Lisbeth McnabbDirectorSell750$41.00$30,750.00View SEC Filing  
9/19/2014Lisbeth McnabbDirectorSell500$44.50$22,250.00View SEC Filing  
6/25/2014Brian JonesCOOSell30,000$49.01$1,470,300.00View SEC Filing  
6/25/2014Julie PruettSVPSell5,000$49.18$245,900.00View SEC Filing  
6/25/2014Lisbeth McnabbDirectorSell1,250$46.00$57,500.00View SEC Filing  
6/25/2014Perry A SookCEOSell223,141$48.92$10,916,057.72View SEC Filing  
3/26/2014Lisbeth McnabbDirectorSell2,500$35.31$88,275.00View SEC Filing  
3/14/2014Martin PompadurDirectorSell3,730$36.26$135,249.80View SEC Filing  
12/23/2013Thomas CarterCFOSell5,000$52.87$264,350.00View SEC Filing  
12/16/2013Brian JonesCOOSell25,000$52.01$1,300,250.00View SEC Filing  
11/21/2013Thomas CarterCFOSell20,000$47.29$945,800.00View SEC Filing  
9/23/2013Timothy BuschCOOSell20,000$38.48$769,600.00View SEC Filing  
9/20/2013Perry SookCEOSell300,000$38.29$11,487,000.00View SEC Filing  
9/19/2013D Geoffrey ArmstrongDirectorSell50,000$37.74$1,887,000.00View SEC Filing  
9/19/2013Rick RogalaSVPSell4,000$37.60$150,400.00View SEC Filing  
9/17/2013Brian JonesCOOSell20,000$36.01$720,200.00View SEC Filing  
6/26/2013Perry A SookCEOSell225,000$34.02$7,654,500.00View SEC Filing  
6/25/2013Perry A SookCEOSell65,000$34.00$2,210,000.00View SEC Filing  
6/24/2013Brian JonesCOOSell30,000$33.00$990,000.00View SEC Filing  
6/24/2013Martin PompadurDirectorSell53,000$33.01$1,749,530.00View SEC Filing  
6/20/2013Jay M GrossmanDirectorSell5,000$33.50$167,500.00View SEC Filing  
6/19/2013Perry A SookCEOSell10,000$34.01$340,100.00View SEC Filing  
6/19/2013Timothy C BuschCOOSell50,000$32.70$1,635,000.00View SEC Filing  
6/17/2013Lisbeth McnabbDirectorSell15,000$30.79$461,850.00View SEC Filing  
6/13/2013Jay M GrossmanDirectorSell15,000$29.80$447,000.00View SEC Filing  
6/7/2013Jay M GrossmanDirectorSell15,000$28.79$431,850.00View SEC Filing  
5/31/2013Elizabeth HammondVPSell5,000$28.50$142,500.00View SEC Filing  
5/14/2013Blake RussellSVPSell30,000$29.07$872,100.00View SEC Filing  
5/14/2013Jay M GrossmanDirectorSell15,000$29.22$438,300.00View SEC Filing  
5/13/2013Erik BrooksDirectorSell27,492$28.69$788,745.48View SEC Filing  
3/22/2013Richard StolpeVPSell13,000$17.08$222,040.00View SEC Filing  
2/15/2013Abry Broadcast Partners Ii L PMajor ShareholderSell194,763$13.75$2,677,991.25View SEC Filing  
2/15/2013Royce YudroffDirectorSell450,000$13.75$6,187,500.00View SEC Filing  
12/28/2012Shirley E GreenVPSell1,000$10.65$10,650.00View SEC Filing  
8/22/2012Thomas CarterCFOBuy1,000$8.20$8,200.00View SEC Filing  
8/21/2012Shirley E GreenVPSell10,500$8.54$89,670.00View SEC Filing  
8/16/2012Thomas CarterCFOBuy1,500$8.64$12,960.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for Nexstar Broadcasting Group (NASDAQ:NXST)
DateHeadline logoNexstar Broadcasting Group, Inc. (NASDAQ:NXST) Stock Rating Update - Investor Newswire (NASDAQ:NXST) - August 24 at 6:17 PM logoWill Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) Hit $75 Price Target? - Investor Newswire (NASDAQ:NXST) - August 19 at 9:38 AM
News IconHow is the Crowd Rating Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) Shares? - Post News (NASDAQ:NXST) - August 17 at 6:51 PM logoNEXSTAR BROADCASTING GROUP INC Financials (NASDAQ:NXST) - August 16 at 6:43 PM logoETF’s with exposure to Nexstar Broadcasting Group, Inc. : August 15, 2016 (NASDAQ:NXST) - August 15 at 6:54 PM logoJohn Keeley Gains 3 in 2nd Quarter (NASDAQ:NXST) - August 12 at 6:43 PM logoNexstar Broadcasting Group, Inc. breached its 50 day moving average in a Bullish Manner : NXST-US : August 12, 2016 (NASDAQ:NXST) - August 12 at 9:47 AM logoNexstar Broadcasting Group, Inc. (NXST) Ex-Dividend Date Scheduled for August ... (NASDAQ:NXST) - August 11 at 7:03 PM logoLarge Inflow of Money Detected in Nexstar Broadcasting Group - Trade Calls (NASDAQ:NXST) - August 10 at 9:41 AM logoEdited Transcript of NXST earnings conference call or presentation 9-Aug-16 2:00pm GMT (NASDAQ:NXST) - August 10 at 9:41 AM logoNexstar Broadcasting Group, Inc. (NXST) Ex-Dividend Date Scheduled for August 10, 2016 - Nasdaq (NASDAQ:NXST) - August 9 at 6:50 PM logoNexstar Broadcasting Second Quarter Net Revenue Rises 19.4% to a Record $262.0 Million (NASDAQ:NXST) - August 9 at 9:47 AM logoNexstar misses 2Q profit forecasts (NASDAQ:NXST) - August 9 at 9:47 AM logoNEXSTAR BROADCASTING GROUP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statement (NASDAQ:NXST) - August 9 at 9:47 AM logoEx-Dividend Reminder: Costco Wholesale, Nexstar Broadcasting Group and WEC Energy Group (NASDAQ:NXST) - August 8 at 11:17 AM logoMedia Stocks Earnings Queued Up for Aug 9: DIS, SNI & Others (NASDAQ:NXST) - August 8 at 11:16 AM logoNexstar Broadcasting Group Inc (NASDAQ:NXST): Should It Be in Your Portfolio? - Street Report (NASDAQ:NXST) - August 6 at 9:24 AM logoStrong Sell Calls For Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) At 0 - Investor Newswire (NASDAQ:NXST) - August 5 at 9:39 AM
News IconThe Statistics Don't Lie: Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) Earnings Preview - The Voice Registrar (NASDAQ:NXST) - August 2 at 11:31 AM logoNexstar Broadcasting Group, Inc. breached its 50 day moving average in a Bearish Manner : NXST-US : August 1, 2016 (NASDAQ:NXST) - August 1 at 6:21 PM logoNEXSTAR BROADCASTING GROUP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct F (NASDAQ:NXST) - July 29 at 4:49 PM logoNEXSTAR BROADCASTING GROUP INC : Other Events, Financial Statements and Exhibits (form 8-K) (NASDAQ:NXST) - July 28 at 6:49 PM logoNEXSTAR BROADCASTING GROUP INC Files SEC form 8-K, Other Events, Financial Statements and Exhibits (NASDAQ:NXST) - July 28 at 11:03 AM logoNexstar Broadcasting Group Inc.: Nexstar Broadcasting Announces Closing of $900 Million Offering of Senior Notes (NASDAQ:NXST) - July 27 at 6:56 PM logoNexstar Broadcasting Announces Closing of $900 Million Offering of Senior Notes (NASDAQ:NXST) - July 27 at 2:58 PM
News IconBaking Strawberry Cheesecake Cupcakes with Kids (NASDAQ:NXST) - July 26 at 6:53 PM logoNexstar Broadcasting : Declares Quarterly Cash Dividend of $0.24 Per Share (NASDAQ:NXST) - July 22 at 6:27 PM logoNexstar Broadcasting Group Dividend Of $0.24 Per Share, Offers 1.8% Yield (NASDAQ:NXST) - July 22 at 3:45 PM
News IconStock Focus: Following Analyst Expectations on Shares of Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) - TGP (NASDAQ:NXST) - July 22 at 9:32 AM
News IconNexstar Broadcasting Group Class A (NASDAQ:NXST) Sellers Increased By 6.74% Their Shorts - Consumer Eagle (NASDAQ:NXST) - July 22 at 9:32 AM logoNexstar Broadcasting Group Declares Quarterly Cash Dividend Of $0.24 Per Share (NASDAQ:NXST) - July 22 at 8:18 AM logoOption Market: Nexstar Broadcasting Group Inc Risk Hits A Reduced Level - CML News (NASDAQ:NXST) - July 21 at 6:52 PM
News IconShares Positive Over the Past Month: Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) - TGP (NASDAQ:NXST) - July 21 at 6:52 PM logoIs $75 Price Target Attainable For Nexstar Broadcasting Group, Inc. (NASDAQ:NXST)? - Investor Newswire (NASDAQ:NXST) - July 21 at 6:52 PM
News IconShares Lower on the Year Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) - Press Telegraph (NASDAQ:NXST) - July 19 at 8:41 AM
News IconShare Performance Summary for: Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) - Press Telegraph (NASDAQ:NXST) - July 18 at 6:42 PM logoNexstar Broadcasting : Announces $900 Million Offering of Senior Notes (NASDAQ:NXST) - July 16 at 6:05 PM logoNexstar Broadcasting : to Report 2016 Second Quarter Financial Results, Host Conference Call and Webcast on August 9 (NASDAQ:NXST) - July 15 at 5:37 PM
News IconAct Ii Management LP Increased Nexstar Broadcasting Group I (NASDAQ:NXST) by $5.06 Million as Shares Declined - Consumer Eagle (NASDAQ:NXST) - July 15 at 11:31 AM logoAnalysts and Technical Snapshot on Nexstar Broadcasting Group Inc (NASDAQ:NXST) - Street Report (NASDAQ:NXST) - July 15 at 11:31 AM logoNEXSTAR BROADCASTING GROUP INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financia (NASDAQ:NXST) - July 15 at 8:02 AM
News IconBones Jugs previews Third Annual: Bonestock 2016! (NASDAQ:NXST) - July 14 at 10:08 AM
News IconNexstar Broadcasting Announces Pricing of $900 Million Offering of Senior Notes (NASDAQ:NXST) - July 14 at 10:08 AM logoWhy Viacom, E*TRADE, ConocoPhillips, and More Are Trending Thursday (NASDAQ:NXST) - July 14 at 9:22 AM
News IconNexstar Broadcasting Group, Inc. (NASDAQ:NXST) Wall Street Analyst Recommendation Outlook - Telanagana Press (NASDAQ:NXST) - July 13 at 9:31 AM logoNexstar Broadcasting Announces $900 Million Offering of Senior Notes (NASDAQ:NXST) - July 13 at 8:38 AM logo8:28 am Nexstar to offer up to $900 mln in aggregate principal amount of new senior notes due 2024 in a private offering (NASDAQ:NXST) - July 13 at 8:28 AM
News IconPotential Upside and Profitable: Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) - Telanagana Press (NASDAQ:NXST) - July 12 at 6:50 PM
News IconStock Down on the Year Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) - Press Telegraph (NASDAQ:NXST) - July 12 at 6:50 PM
News IconNexstar Broadcasting Group Class A (NASDAQ:NXST) Shorts Decreased by 2.97% After Short Covering - Press Telegraph (NASDAQ:NXST) - July 12 at 6:50 PM


Nexstar Broadcasting Group (NASDAQ:NXST) Chart for Saturday, August, 27, 2016

Last Updated on 8/27/2016 by Staff