Nexstar Media Group Stock Price, News & Analysis (NASDAQ:NXST) $144.66 +1.75 (+1.22%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$142.24▼$145.4750-Day Range$133.75▼$156.8452-Week Range$132.30▼$217.76Volume313,886 shsAverage Volume353,198 shsMarket Capitalization$4.91 billionP/E Ratio12.46Dividend Yield3.73%Price Target$214.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Nexstar Media Group MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.80 Rating ScoreUpside/Downside48.3% Upside$214.50 Price TargetShort InterestBearish6.52% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.93Based on 2 Articles This WeekInsider TradingSelling Shares$1.80 M Sold Last QuarterProj. Earnings Growth168.53%From $11.25 to $30.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.24 out of 5 starsConsumer Discretionary Sector9th out of 275 stocksTelevision Broadcasting Stations Industry3rd out of 11 stocks 3.4 Analyst's Opinion Consensus RatingNexstar Media Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $214.50, Nexstar Media Group has a forecasted upside of 48.3% from its current price of $144.66.Amount of Analyst CoverageNexstar Media Group has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.52% of the float of Nexstar Media Group has been sold short.Short Interest Ratio / Days to CoverNexstar Media Group has a short interest ratio ("days to cover") of 4.7.Change versus previous monthShort interest in Nexstar Media Group has recently decreased by 0.95%, indicating that investor sentiment is improving. Previous Next 5.0 Dividend Strength Dividend LeadershipNexstar Media Group is a leading dividend payer. It pays a dividend yield of 3.70%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNexstar Media Group has been increasing its dividend for 10 years.Dividend CoverageThe dividend payout ratio of Nexstar Media Group is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Nexstar Media Group will have a dividend payout ratio of 17.87% next year. This indicates that Nexstar Media Group will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreNexstar Media Group has received a 33.39% net impact score from Upright. The largest positive contribution comes from its "Distributing knowledge" impact, which is mostly driven by its "Broadcasting of television news programs for majority groups following principles of journalistic ethics", "Publishing of online news for majority groups following principles of journalistic ethics", and "Broadcasting of television talk shows" products. See details.Environmental SustainabilityThe Environmental Impact score for Nexstar Media Group is -0.45. Previous Next 3.3 News and Social Media Coverage News SentimentNexstar Media Group has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Nexstar Media Group this week, compared to 5 articles on an average week.Search Interest8 people have searched for NXST on MarketBeat in the last 30 days. This is an increase of 60% compared to the previous 30 days.MarketBeat Follows8 people have added Nexstar Media Group to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nexstar Media Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,798,445.00 in company stock.Percentage Held by InsidersOnly 5.90% of the stock of Nexstar Media Group is held by insiders.Percentage Held by Institutions95.30% of the stock of Nexstar Media Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Nexstar Media Group are expected to grow by 168.53% in the coming year, from $11.25 to $30.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nexstar Media Group is 12.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.64.Price to Earnings Ratio vs. SectorThe P/E ratio of Nexstar Media Group is 12.46, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.38.Price to Earnings Growth RatioNexstar Media Group has a PEG Ratio of 1.41. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioNexstar Media Group has a P/B Ratio of 2.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nexstar Media Group Stock (NASDAQ:NXST)Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. It owns, operates, programs, or provides sales and other services to various markets. The company also 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, it 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.Read More NXST Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NXST Stock News HeadlinesNovember 26, 2023 | americanbankingnews.comNexstar Media Group, Inc. (NASDAQ:NXST) Receives $214.50 Consensus Price Target from AnalystsNovember 17, 2023 | msn.comKRON4 Anchor Vicki Liviakis receives distinguished Silver Circle recognitionNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 14, 2023 | finance.yahoo.comMichael Burry's Scion Asset Management Makes a Big Play on Nexstar Media GroupNovember 9, 2023 | finance.yahoo.comNexstar Media Group, Inc. (NASDAQ:NXST) Q3 2023 Earnings Call TranscriptNovember 9, 2023 | markets.businessinsider.comNexstar Media Group, Inc. Bottom Line Drops In Q3, misses estimatesNovember 8, 2023 | msn.comNexstar Media Misses Q3 Earnings On Sharp Decline In Television Advertising BusinessNovember 8, 2023 | finance.yahoo.comNexstar Media Group Inc (NXST) Reports Q3 Revenue Decline Amid Political Ad CyclicityNovember 29, 2023 | Autonomix (Ad)[Investor Alert] Potential Breakthrough Medical Tech Investment OpportunityAutonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.comNovember 8, 2023 | finance.yahoo.comNexstar Media Group Reports Third Quarter Net Revenue of $1.13 BillionNovember 7, 2023 | finance.yahoo.comNexstar Media Group and Cox Communications Reach Multi-Year Distribution AgreementNovember 6, 2023 | finance.yahoo.comDetroit’s WMYD-TV to Become CW Affiliate on Monday, Nov. 13November 4, 2023 | finance.yahoo.comThere's A Lot To Like About Nexstar Media Group's (NASDAQ:NXST) Upcoming US$1.35 DividendNovember 1, 2023 | finance.yahoo.comInvestors in Nexstar Media Group (NASDAQ:NXST) have seen favorable returns of 94% over the past five yearsOctober 30, 2023 | finance.yahoo.comNexstar Broadcasting Group (NXST) Beats Stock Market Upswing: What Investors Need to KnowOctober 27, 2023 | msn.comNexstar Media declares $1.35 dividendOctober 27, 2023 | finance.yahoo.comWall Street Analysts Think Nexstar (NXST) Is a Good Investment: Is It?October 26, 2023 | finance.yahoo.comNexstar Media and ReachTV Announce Partnership Extending Distribution of NewsNation and the CW NetworkOctober 24, 2023 | finance.yahoo.comNexstar Broadcasting Group (NXST) Rises Higher Than Market: Key FactsOctober 23, 2023 | finance.yahoo.comNexstar Broadcasting Group (NXST) Dips More Than Broader Market: What You Should KnowOctober 23, 2023 | seekingalpha.comNexstar: Profit From The Next Election CycleOctober 19, 2023 | msn.comThe Hill and NewsNation sign Steve Krakauer as a contributorOctober 18, 2023 | finance.yahoo.comAre State Quarters Worth More Than 25 Cents? In Some Cases, You Might Get $100October 17, 2023 | finance.yahoo.comNexstar Broadcasting Group (NXST) Ascends While Market Falls: Some Facts to NoteOctober 11, 2023 | finance.yahoo.comNexstar Broadcasting Group (NXST) Stock Dips While Market Gains: Key FactsOctober 9, 2023 | finance.yahoo.comNexstar Media Group Releases New Investor Presentation Highlighting Its Perspectives on the Evolving Media/Television LandscapeSeptember 29, 2023 | finance.yahoo.comAmid Push to Diversify Corporate Boards, Change Is SlowSee More Headlines Receive NXST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nexstar Media Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/08/2023Ex-Dividend for 11/27 Dividend11/09/2023Dividend Payable11/27/2023Today11/29/2023Fiscal Year End12/31/2023Next Earnings (Estimated)2/27/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Television broadcasting stations Sub-IndustryBroadcasting SectorConsumer Discretionary Current SymbolNASDAQ:NXST CUSIP65336K10 CIK1142417 Webwww.nexstar.tv Phone(972) 373-8800Fax972-373-8888Employees12,971Year FoundedN/APrice Target and Rating Average Stock Price Target$214.50 High Stock Price Target$235.00 Low Stock Price Target$167.00 Potential Upside/Downside+50.7%Consensus RatingModerate Buy Rating Score (0-4)2.80 Research Coverage5 Analysts Profitability EPS (Most Recent Fiscal Year)$11.61 Trailing P/E Ratio12.26 Forward P/E Ratio12.65 P/E Growth1.41Net Income$971.10 million Net Margins8.51% Pretax Margin9.76% Return on Equity20.92% Return on Assets4.37% Debt Debt-to-Equity Ratio2.87 Current Ratio1.57 Quick Ratio1.57 Sales & Book Value Annual Sales$5.21 billion Price / Sales0.93 Cash Flow$45.18 per share Price / Cash Flow3.15 Book Value$69.14 per share Price / Book2.06Miscellaneous Outstanding Shares33,930,000Free Float31,928,000Market Cap$4.83 billion OptionableOptionable Beta1.53 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Perry A. Sook (Age 65)Founder, Chairman & CEO Comp: $6.01MMs. Lee Ann Gliha (Age 48)Executive VP & CFO Comp: $1.42MMr. Thomas E. Carter (Age 65)Senior Advisor Comp: $2.02MMr. Andrew Alford (Age 61)President of Broadcasting Division - Nexstar Media Inc. Comp: $1.15MMr. Sean Compton (Age 49)President of Networks Division Comp: $1.26MMs. Dana Zimmer (Age 53)President of Distribution Comp: $1.54MMr. Michael BiardPresident & COOMr. Brett E. Jenkins (Age 53)Executive VP and Chief Technology & Digital Officer Ms. Rachel MorganExecutive VP, General Counsel & SecretaryMr. Gary Weitman (Age 66)Executive VP & Chief Communications Officer More ExecutivesKey CompetitorsTEGNANYSE:TGNAGrupo Televisa, S.A.B.NYSE:TVParamount GlobalNASDAQ:PARAViacomCBSNASDAQ:VIACAParamount GlobalNASDAQ:PARAAView All CompetitorsInsiders & InstitutionsDeutsche Bank AGSold 13,880 shares on 11/24/2023Ownership: 0.021%Walleye Trading LLCBought 27,200 shares on 11/21/2023Ownership: 0.000%Hohimer Wealth Management LLCSold 358 shares on 11/21/2023Ownership: 0.044%Walleye Capital LLCBought 6,200 shares on 11/21/2023Ownership: 0.000%Charles Thomas McmillenSold 500 sharesTotal: $74,785.00 ($149.57/share)View All Insider TransactionsView All Institutional Transactions NXST Stock Analysis - Frequently Asked Questions Should I buy or sell Nexstar Media Group stock right now? 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NXST shares. View NXST analyst ratings or view top-rated stocks. What is Nexstar Media Group's stock price target for 2024? 5 brokers have issued 12 month price targets for Nexstar Media Group's stock. Their NXST share price targets range from $167.00 to $235.00. On average, they predict the company's stock price to reach $214.50 in the next year. This suggests a possible upside of 49.4% from the stock's current price. View analysts price targets for NXST or view top-rated stocks among Wall Street analysts. How have NXST shares performed in 2023? Nexstar Media Group's stock was trading at $175.03 at the beginning of the year. Since then, NXST shares have decreased by 18.0% and is now trading at $143.54. View the best growth stocks for 2023 here. When is Nexstar Media Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our NXST earnings forecast. How were Nexstar Media Group's earnings last quarter? Nexstar Media Group, Inc. (NASDAQ:NXST) issued its quarterly earnings data on Wednesday, November, 8th. The company reported $0.70 EPS for the quarter, missing analysts' consensus estimates of $1.53 by $0.83. The company had revenue of $1.13 billion for the quarter, compared to analysts' expectations of $1.16 billion. Nexstar Media Group had a net margin of 8.51% and a trailing twelve-month return on equity of 20.92%. The firm's quarterly revenue was down 10.8% compared to the same quarter last year. During the same period in the previous year, the business earned $7.30 EPS. How often does Nexstar Media Group pay dividends? What is the dividend yield for Nexstar Media Group? Nexstar Media Group announced a quarterly dividend on Friday, October 27th. Stockholders of record on Friday, November 10th will be paid a dividend of $1.35 per share on Monday, November 27th. This represents a $5.40 dividend on an annualized basis and a yield of 3.76%. The ex-dividend date is Thursday, November 9th. Read our dividend analysis for NXST. Is Nexstar Media Group a good dividend stock? Nexstar Media Group (NASDAQ:NXST) pays an annual dividend of $5.40 per share and currently has a dividend yield of 3.70%. The company has been increasing its dividend for 10 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 46.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NXST will have a dividend payout ratio of 17.87% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NXST. What ETFs hold Nexstar Media Group's stock? ETFs with the largest weight of Nexstar Media Group (NASDAQ:NXST) stock in their portfolio include Invesco S&P 500 Equal Weight Communication Services ETF (EWCO), Invesco S&P 500 Equal Weight Communication Services ETF (RSPC), Aztlan Global Stock Selection DM SMID ETF (AZTD), Invesco Next Gen Media and Gaming ETF (PBS), AAM Bahl & Gaynor Small/Mid Cap Income Growth ETF (SMIG), Freedom Day Dividend ETF (MBOX), Invesco S&P MidCap 400 Pure Growth ETF (RFG) and First Trust Consumer Discretionary AlphaDEX Fund (FXD). 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. What other stocks do shareholders of Nexstar Media Group own? Based on aggregate information from My MarketBeat watchlists, some companies that other Nexstar Media Group investors own include Hawkins (HWKN), CA (CA), Endologix (ELGX), Chipotle Mexican Grill (CMG), BlackRock (BLK), Aegean Marine Petroleum Network (ANW), Accenture (ACN), AutoZone (AZO), Micron Technology (MU) and Bank of the Ozarks (OZRK). Who are Nexstar Media Group's major shareholders? Nexstar Media Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include FMR LLC (4.14%), LSV Asset Management (3.74%), Morgan Stanley (2.99%), Boston Partners (2.00%), JPMorgan Chase & Co. (1.79%) and Fuller & Thaler Asset Management Inc. (1.73%). Insiders that own company stock include Andrew Alford, Blake Russell, Brett Jenkins, Charles Thomas Mcmillen, Dana Zimmer, Dennis Miller, Elizabeth Ryder, Gary Weitman, John R Muse, Karen A Brophy, Lee Ann Gliha, Lisbeth Mcnabb, Martin Pompadur, Perry A Sook, Rachel Morgan, Sean Compton, Thomas Carter and Timothy C Busch. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:NXST) was last updated on 11/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Nexstar Media Group, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.