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: $52.00
  • 50 Day Moving Average: $54.52
  • 200 Day Moving Average: $51.84
  • 52-Week Range: $34.65 - $61.79
  • Trailing P/E Ratio: 18.23
  • Foreward P/E Ratio: 13.76
  • P/E Growth: 2.12
  • Market Cap: $1.60B
  • Outstanding Shares: 30,687,000
  • Beta: 2.31
  • Net Margins: 9.12%
  • Return on Equity: 89.87%
  • Return on Assets: 4.85%
  • Debt-to-Equity Ratio: 10.58%
  • Current Ratio: 1.68%
  • Quick Ratio: 1.68%
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: $68.43 (31.59% upside)

Analysts' Ratings History for Nexstar Broadcasting Group (NASDAQ:NXST)
DateFirmActionRatingPrice TargetDetails
9/28/2016StephensSet Price TargetBuy$65.00View Rating Details
9/28/2016Jefferies GroupReiterated RatingBuy$60.00View 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
1/28/2016WedbushReiterated RatingOutperform$64.00View Rating Details
1/28/2016GabelliUpgradeHold -> BuyView Rating Details
12/28/2015Barrington ResearchInitiated CoverageBuyView Rating Details
(Data available from 10/24/2014 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: $3.81 EPS
Next Year EPS Consensus Estimate: $3.78 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$0.60$0.67$0.64
Q2 20172$0.78$0.81$0.80
Q3 20172$0.49$0.67$0.58
Q4 20172$1.05$1.13$1.09
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:1.85%
Payout Ratio:33.45% (Based on Trailing 12 Months of Earnings)
25.20% (Based on Current Year Consensus EPS Estimate)
25.40% (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)
Insider Ownership Percentage: 7.80%
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 : Declares Quarterly Cash Dividend of $0.24 Per Share (NASDAQ:NXST) - October 24 at 11:59 AM logoNexstar Broadcasting Group Declares Quarterly Cash Dividend of $0.24 Per Share (NASDAQ:NXST) - October 24 at 11:59 AM logoKeeley Asset Management Comments on Nexstar Broadcasting Group (NASDAQ:NXST) - October 21 at 6:34 PM logoBlowout Q3 Makes Netflix Pricey: 4 Affordable Media Picks (NASDAQ:NXST) - October 19 at 11:39 AM logoNexstar Broadcasting Group, Inc. breached its 50 day moving average in a Bearish Manner : NXST-US : October 17, 2016 (NASDAQ:NXST) - October 17 at 11:42 AM logoCommit To Buy Nexstar Broadcasting Group At $40, Earn 6.5% Annualized Using Options (NASDAQ:NXST) - October 15 at 11:17 AM logoWatch for Nexstar Broadcasting Group to Potentially Rebound After Falling 1.20% Yesterday (NASDAQ:NXST) - October 12 at 6:30 PM logoNexstar Broadcasting Group, Inc. : NXST-US: Dividend Analysis : August 12th, 2016 (record date) : By the numbers : October 12, 2016 (NASDAQ:NXST) - October 12 at 11:54 AM
News IconNexstar CEO Honored In Ceremony (NASDAQ:NXST) - October 7 at 11:40 AM logoNexstar Broadcasting to Report 2016 Third Quarter Financial Results, Host Conference Call and Webcast on November 8 (NASDAQ:NXST) - October 4 at 6:09 PM logoBRIEF-Nexstar broadcasting prices $2.75 billion term loan B facility (NASDAQ:NXST) - September 28 at 11:36 AM logoNexstar Broadcasting Prices $2.75 Billion Term Loan B Facility (NASDAQ:NXST) - September 27 at 6:25 PM
News IconNexstar Broadcasting Group Class A (NASDAQ:NXST) Sellers Increased By 3.05% Their Shorts - Post News (NASDAQ:NXST) - September 23 at 11:15 AM logoNexstar Broadcasting : to Webcast Fireside Chat at Goldman Sachs Communacopia Conference on September 21 (NASDAQ:NXST) - September 22 at 6:13 PM logoNexstar has booked 2/3 of political ad revenue target: CEO (NASDAQ:NXST) - September 22 at 6:13 PM logoNexstar Broadcasting (NXST) Presents at Goldman Sachs 2016 Communacopia Conference September 2016 - Slideshow (NASDAQ:NXST) - September 22 at 6:13 PM logoNexstar Broadcasting Group, Inc. – Value Analysis (NASDAQ:NXST) : September 22, 2016 (NASDAQ:NXST) - September 22 at 6:13 PM logoStocks Alert: Dean Foods Company (DF), Nexstar Broadcasting Group, Inc. (NXST), Voya Financial, Inc. (VOYA) - iStreetWire (NASDAQ:NXST) - September 22 at 11:21 AM logoNoteworthy Tuesday Option Activity: NXST, IART, LEN - Forbes (NASDAQ:NXST) - September 21 at 6:09 PM logoNexstar has booked 2/3 of political ad revenue target -CEO (NASDAQ:NXST) - September 21 at 6:09 PM logoUPDATE 1-Nexstar has booked 2/3 of political ad revenue target -CEO (NASDAQ:NXST) - September 21 at 6:09 PM logoNexstar has booked two-thirds of political ad revenue target -CEO (NASDAQ:NXST) - September 21 at 6:09 PM
News IconWhat are Research Firms Saying About Nexstar Broadcasting Group, Inc. (NASDAQ:NXST)? - Frisco Fastball (NASDAQ:NXST) - September 21 at 10:38 AM
News IconNotable Chart Action: Could Nexstar Broadcasting Group, Inc. Go Down? The Stock Formed Bearish Ascending Triangle - Chester News (NASDAQ:NXST) - September 21 at 10:38 AM logoNexstar Broadcasting Group, Inc. breached its 50 day moving average in a Bearish Manner : NXST-US : September 21, 2016 (NASDAQ:NXST) - September 21 at 10:38 AM logoNexstar Broadcasting to Participate in Goldman Sachs Communacopia Conference on September 21 (NASDAQ:NXST) - September 14 at 10:48 AM
News IconStock Up Over the Past Five Trading Sessions: Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) - Post News (NASDAQ:NXST) - September 13 at 11:25 AM
News IconExpert Analysts Consensus Opinions for: Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) , NMI Holdings Inc ... - Wall Street Times (press release) (NASDAQ:NXST) - September 13 at 11:25 AM logoNexstar Broadcasting Group, Inc. (NASDAQ:NXST) Posted A Surprise Factor Of -6.02 Percent - Investor Newswire (NASDAQ:NXST) - September 13 at 11:25 AM
News IconThe Sell-side Consensus is in on Nexstar Broadcasting Group, Inc. (NASDAQ:NXST); Earnings & Target Updates (NASDAQ:NXST) - September 9 at 6:09 PM
News IconThe Sell-side Consensus is in on Nexstar Broadcasting Group, Inc. (NASDAQ:NXST); Earnings & Target Updates - National Daily Press (NASDAQ:NXST) - September 9 at 11:11 AM
News IconNotable Tuesday Option Activity: NXST, PLAY, BKS (NASDAQ:NXST) - September 6 at 6:42 PM logoCan Shares Of Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) Get To $75? - Investor Newswire (NASDAQ:NXST) - September 1 at 6:30 PM logoNotable Tuesday Option Activity: NXST, MDLZ, BCC - Forbes (NASDAQ:NXST) - September 1 at 6:30 PM logoNotable Tuesday Option Activity: NXST, MDLZ, BCC (NASDAQ:NXST) - August 30 at 6:31 PM 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


Nexstar Broadcasting Group (NASDAQ:NXST) Chart for Monday, October, 24, 2016

Last Updated on 10/24/2016 by Staff