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

Nexstar Media Group (NASDAQ:NXST) Frequently Asked Questions

Is Nexstar Media Group a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Nexstar Media Group stock.
View analyst ratings for Nexstar Media Group or view top-rated stocks.

When is Nexstar Media Group's next earnings date?

Nexstar Media Group is scheduled to release its next quarterly earnings announcement on Wednesday, August 3rd 2022.
View our earnings forecast for Nexstar Media Group.

How were Nexstar Media Group's earnings last quarter?

Nexstar Media Group, Inc. (NASDAQ:NXST) announced its quarterly earnings results on Tuesday, May, 10th. The company reported $5.99 earnings per share for the quarter, topping the consensus estimate of $4.89 by $1.10. The firm earned $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Nexstar Media Group had a net margin of 18.66% and a trailing twelve-month return on equity of 32.08%. The firm's revenue for the quarter was up 6.9% compared to the same quarter last year. During the same period in the prior year, the business earned $4.42 earnings per share.
View Nexstar Media Group's earnings history.

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, April 29th. Stockholders of record on Friday, May 13th will be given a dividend of $0.90 per share on Friday, May 27th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.02%. The ex-dividend date is Thursday, May 12th.
View Nexstar Media Group's dividend history.

Is Nexstar Media Group a good dividend stock?

Nexstar Media Group pays an annual dividend of $3.60 per share and currently has a dividend yield of 2.10%. Nexstar Media Group has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Nexstar Media Group is 17.48%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nexstar Media Group will have a dividend payout ratio of 16.85% next year. This indicates that Nexstar Media Group will be able to sustain or increase its dividend.
View Nexstar Media Group's dividend history.

What price target have analysts set for NXST?

4 analysts have issued 12 month price objectives for Nexstar Media Group's shares. Their forecasts range from $181.00 to $225.00. On average, they anticipate Nexstar Media Group's stock price to reach $210.57 in the next twelve months. This suggests a possible upside of 18.0% from the stock's current price.
View analysts' price targets for Nexstar Media Group or view top-rated stocks among Wall Street analysts.

Who are Nexstar Media Group's key executives?

Nexstar Media Group's management team includes the following people:

• Mr. Perry A. Sook, Founder, Chairman & CEO (Age 64, Pay $5.26M)
• Mr. Thomas E. Carter, Pres & COO (Age 64, Pay $1.5M) (LinkedIn Profile)
• Ms. Dana Zimmer, Pres of Distribution (Age 52, Pay $1.44M) (LinkedIn Profile)
• Ms. Lee Ann Gliha, Exec. VP & CFO
• Mr. Brett E. Jenkins, Exec. VP & CTO (Age 52)
• Ms. Elizabeth Ryder J.D., Exec. VP, Gen. Counsel & Sec. (Age 57)
• Mr. Gary Weitman, Exec. VP & Chief Communications Officer (Age 65)
• Ms. Terri Lynn Bush, Sr. VP of HR & Associate Counsel
• Mr. Blake Russell, Exec. VP of Station Operations & Content Devel. (Age 51) (LinkedIn Profile)
• Ms. Julie Pruett, Sr. VP & Regional Mang. of Broadcasting (Age 60)

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

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

Who are some of Nexstar Media Group's key competitors?

Some companies that are related to Nexstar Media Group include Formula One Group (FWONA), Sinclair Broadcast Group (SBGI), Entravision Communications (EVC), Salem Media Group (SALM) and Beasley Broadcast Group (BBGI).
View all of NXST's competitors.

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).

What is Nexstar Media Group's stock symbol?

Nexstar Media Group trades on the NASDAQ under the ticker symbol "NXST."

Who are Nexstar Media Group's major shareholders?

Nexstar Media Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.98%), BlackRock Inc. (4.24%), Dimensional Fund Advisors LP (4.12%), Boston Partners (3.17%), Baupost Group LLC MA (2.84%) and LSV Asset Management (2.78%). Company insiders that own Nexstar Media Group stock include Andrew Alford, Blake Russell, Brett Jenkins, Charles Thomas Mcmillen, Dana Zimmer, Dennis Miller, Elizabeth Ryder, John R Muse, Karen A Brophy, Lisbeth Mcnabb, Martin Pompadur, Perry A Sook, Sean Compton, Thomas Carter and Timothy C Busch.
View institutional ownership trends for Nexstar Media Group.

Which institutional investors are selling Nexstar Media Group stock?

NXST stock was sold by a variety of institutional investors in the last quarter, including Baupost Group LLC MA, Clark Capital Management Group Inc., Invesco Ltd., JPMorgan Chase & Co., Tributary Capital Management LLC, Dimensional Fund Advisors LP, Charles Schwab Investment Management Inc., and Brown Advisory Inc.. Company insiders that have sold Nexstar Media Group company stock in the last year include Andrew Alford, Blake Russell, Brett Jenkins, Charles Thomas Mcmillen, Dana Zimmer, Elizabeth Ryder, John R Muse, Karen A Brophy, Lisbeth Mcnabb, Perry A Sook, Sean Compton, and Thomas Carter.
View insider buying and selling activity for Nexstar Media Group or view top insider-selling stocks.

Which institutional investors are buying Nexstar Media Group stock?

NXST stock was acquired by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Provident Investment Management Inc., Boston Financial Mangement LLC, Scion Asset Management LLC, Kempen Capital Management N.V., Pacer Advisors Inc., Simcoe Capital Management LLC, and Goldman Sachs Group Inc..
View insider buying and selling activity for Nexstar Media Group or or view top insider-buying stocks.

How do I buy shares of Nexstar Media Group?

Shares of NXST 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.
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What is Nexstar Media Group's stock price today?

One share of NXST stock can currently be purchased for approximately $178.48.

How much money does Nexstar Media Group make?

Nexstar Media Group has a market capitalization of $7.21 billion and generates $4.65 billion in revenue each year. The company earns $834.57 million in net income (profit) each year or $20.59 on an earnings per share basis.

How many employees does Nexstar Media Group have?

Nexstar Media Group employs 12,473 workers across the globe.

What is Nexstar Media Group's official website?

The official website for Nexstar Media Group is www.nexstar.tv.

How can I contact Nexstar Media Group?

Nexstar Media Group's mailing address is 545 EAST JOHN CARPENTER FREEWAY SUITE 700, IRVING TX, 75062. The company can be reached via phone at (972) 373-8800, via email at [email protected], or via fax at 972-373-8888.