Top-Rated Dividend Stocks NASDAQ:NXST Nexstar Media Group Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $168.53 +5.65 (+3.47%) (As of 07/1/2022 12:00 AM ET) Add Compare Share Today's Range$161.59▼$169.7450-Day Range$152.40▼$178.4852-Week Range$135.87▼$192.84Volume375,509 shsAverage Volume380,970 shsMarket Capitalization$6.81 billionP/E Ratio8.19Dividend Yield2.21%Price Target$210.57 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Nexstar Media Group Stock Forecast (MarketRank)Analyst RatingBuy3.00 Rating ScoreUpside/Downside24.9% Upside$210.57 Price TargetShort InterestBearish4.02% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.45Upright™ Environmental ScoreNews Sentiment0.22Based on 10 Articles This WeekInsider TradingSelling Shares$2.23 M Sold Last QuarterProj. Earnings Growth-15.75%From $25.90 to $21.82 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.42 out of 5 starsConsumer Discretionary Sector67th out of 405 stocksTelevision Broadcasting Stations Industry4th out of 21 stocks 2.5 Analyst's Opinion Consensus RatingNexstar Media Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $210.57, Nexstar Media Group has a forecasted upside of 24.9% from its current price of $168.53.Amount of Analyst CoverageNexstar Media Group has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.02% 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 4.6.Change versus previous monthShort interest in Nexstar Media Group has recently increased by 5.44%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend YieldNexstar Media Group pays a meaningful dividend of 2.21%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthNexstar Media Group has been increasing its dividend for 9 years.Dividend CoverageThe dividend payout ratio of Nexstar Media Group is 17.48%. 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 16.50% next year. This indicates that Nexstar Media Group will be able to sustain or increase its dividend. Previous Next 2.3 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 1.8 News and Social Media Coverage News SentimentNexstar Media Group has a news sentiment score of 0.22. 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 lower news sentiment than the 0.59 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Nexstar Media Group this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for NXST on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Nexstar Media Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -65% 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 $2,233,523.00 in company stock.Percentage Held by InsidersOnly 6.90% of the stock of Nexstar Media Group is held by insiders.Percentage Held by Institutions96.00% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Nexstar Media Group are expected to decrease by -15.75% in the coming year, from $25.90 to $21.82 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nexstar Media Group is 8.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 62.58.Price to Earnings Ratio vs. SectorThe P/E ratio of Nexstar Media Group is 8.19, which means that it is trading at a less expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 16.57.Price to Earnings Growth RatioNexstar Media Group has a PEG Ratio of 0.63. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioNexstar Media Group has a P/B Ratio of 2.41. 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 View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 About Nexstar Media Group (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. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. 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 News HeadlinesJuly 1, 2022 | americanbankingnews.comBrokerages Set Nexstar Media Group, Inc. (NASDAQ:NXST) Target Price at $210.57June 30, 2022 | finance.yahoo.comNexstar Nears Deal To Snap Majority Control In CW Network: WSJJune 29, 2022 | finance.yahoo.comSONY Introduces INZONE to Tap Growing Demand for Gaming GearJune 28, 2022 | finance.yahoo.comNexstar Stock Shines; Can It Return To All-Time High?June 28, 2022 | finance.yahoo.comMichael Burry is Buying These 10 Stocks As Recession Fears MountJune 27, 2022 | finance.yahoo.comInvestors in Nexstar Media Group (NASDAQ:NXST) have made a stellar return of 205% over the past five yearsJune 21, 2022 | finance.yahoo.comNexstar Media Group Refinances Senior Secured Term Loans and Revolving Credit FacilitiesJune 20, 2022 | finance.yahoo.comIs Nexstar Media Group (NXST) Stock Undervalued Right Now?June 17, 2022 | morningstar.comNexstar Media Group Inc Class A - Stock NewsJune 15, 2022 | stocknews.com2 Top-Quality Broadcasting Stocks to Buy in JuneJune 15, 2022 | finance.yahoo.comNexstar and altafiber Reach Comprehensive Multi-Year Distribution AgreementJune 14, 2022 | finance.yahoo.comNewsNation Expands Morning News Programming to Four Hours Each Weekday Beginning Monday, June 27June 13, 2022 | seekingalpha.comNexstar Media Group holders approve eliminating Class B, Class C sharesJune 13, 2022 | finance.yahoo.comNexstar Media Group Announces Shareholder Approval to Eliminate Class B and Class C Share ClassesJune 13, 2022 | finance.yahoo.comAre Investors Undervaluing Gray Television (GTN) Right Now?June 10, 2022 | finance.yahoo.comDisney's (DIS) Disney+ Launch in Middle East Stiffens CompetitionJune 8, 2022 | finance.yahoo.comTop 5 Consumer Discretionary Picks Defying Sector's BloodbathJune 1, 2022 | seekingalpha.comBuy Superbly Managed, Growing Nexstar Media At 5x FCF Ahead Of Major New Business InitiativeMay 27, 2022 | finance.yahoo.comSurging Earnings Estimates Signal Upside for Nexstar (NXST) StockMay 27, 2022 | finance.yahoo.comNexstar Media Inc. Names Three Veteran Broadcasters as Vice President and General Manager of Media Operations in Salt Lake City, Buffalo, Green Bay and MarquetteMay 26, 2022 | finance.yahoo.comNexstar to dramatically expand local TV news operations in Greater WashingtonMay 24, 2022 | nasdaq.comNexstar Media Group Breaks Below 200-Day Moving Average - Notable for NXSTMay 22, 2022 | finance.yahoo.comBoasting A 30% Return On Equity, Is Nexstar Media Group, Inc. (NASDAQ:NXST) A Top Quality Stock?May 20, 2022 | finance.yahoo.comAre Consumer Discretionary Stocks Lagging Gray Television (GTN) This Year?May 20, 2022 | finance.yahoo.comIs Gray Television (GTN) Stock Undervalued Right Now?See More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry Television broadcasting stations Sub-IndustryBroadcasting SectorConsumer Discretionary Current SymbolNASDAQ:NXST CUSIP65336K10 CIK1142417 Webwww.nexstar.tv Phone(972) 373-8800Fax972-373-8888Employees12,473Year FoundedN/ACompany Calendar Last Earnings5/10/2022Ex-Dividend for 5/27 Dividend5/12/2022Dividend Payable5/27/2022Today7/02/2022Next Earnings (Estimated)8/03/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$210.57 High Stock Price Forecast$225.00 Low Stock Price Forecast$181.00 Forecasted Upside/Downside+24.9%Consensus RatingBuy Rating Score (0-4)3 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$20.59 Trailing P/E Ratio8.19 Forward P/E Ratio6.51 P/E Growth0.63Net Income$834.57 million Net Margins18.66% Pretax Margin23.99% Return on Equity32.08% Return on Assets6.69% Debt Debt-to-Equity Ratio2.47 Current Ratio2.02 Quick Ratio2.02 Sales & Book Value Annual Sales$4.65 billion Price / Sales1.46 Cash Flow$36.09 per share Price / Cash Flow4.67 Book Value$69.88 per share Price / Book2.41Miscellaneous Outstanding Shares40,404,000Free Float37,616,000Market Cap$6.81 billion OptionableOptionable Beta1.53 Nexstar Media Group Frequently Asked Questions Should I buy or sell Nexstar Media Group stock 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. What is Nexstar Media Group's stock price forecast for 2022? 4 brokerages have issued 12 month price objectives for Nexstar Media Group's shares. Their NXST stock forecasts range from $181.00 to $225.00. On average, they predict Nexstar Media Group's share price to reach $210.57 in the next year. This suggests a possible upside of 24.9% from the stock's current price. View analysts' price targets for Nexstar Media Group or view top-rated stocks among Wall Street analysts. How has Nexstar Media Group's stock price performed in 2022? Nexstar Media Group's stock was trading at $150.98 at the start of the year. Since then, NXST shares have increased by 11.6% and is now trading at $168.53. View the best growth stocks for 2022 here. 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) released its quarterly earnings results on Tuesday, May, 10th. The company reported $5.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.33 by $1.66. The firm earned $1.21 billion during the quarter, compared to the consensus estimate of $1.19 billion. Nexstar Media Group had a trailing twelve-month return on equity of 32.08% and a net margin of 18.66%. The business's revenue for the quarter was up 6.9% on a year-over-year basis. During the same quarter in the previous 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 declared a quarterly dividend on Friday, April 29th. Shareholders of record on Friday, May 13th will be paid a dividend of $0.90 per share on Friday, May 27th. This represents a $3.60 annualized dividend and a yield of 2.14%. 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(NASDAQ:NXST) pays an annual dividend of $3.60 per share and currently has a dividend yield of 2.21%. 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 16.50% next year. This indicates that Nexstar Media Group will be able to sustain or increase its dividend. View Nexstar Media Group's dividend history. 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 $5.64M)Mr. Thomas E. Carter, Pres & COO (Age 64, Pay $2.02M) (LinkedIn Profile)Ms. Lee Ann Gliha, Exec. VP & CFO (Age 47, Pay $889.95k)Mr. Andrew Alford, Pres of Broadcasting Division - Nexstar Media Inc. (Age 60, Pay $1.03M) (LinkedIn Profile)Mr. Sean Compton, Pres of Networks Division (Age 48, Pay $1.28M) (LinkedIn Profile)Ms. Dana Zimmer, Pres of Distribution (Age 52, Pay $1.49M) (LinkedIn Profile)Mr. Brett E. Jenkins, Exec. VP & CTO (Age 52) (LinkedIn Profile)Ms. Elizabeth Ryder J.D., Exec. VP, Gen. Counsel & Sec. (Age 57) (LinkedIn Profile)Mr. Gary Weitman, Exec. VP & Chief Communications Officer (Age 65)Ms. Terri Lynn Bush, Sr. VP of HR & Associate Counsel 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." 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. Compare Top Brokerages Here. What is Nexstar Media Group's stock price today? One share of NXST stock can currently be purchased for approximately $168.53. How much money does Nexstar Media Group make? Nexstar Media Group (NASDAQ:NXST) has a market capitalization of $6.81 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. 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 official website for Nexstar Media Group is www.nexstar.tv. The company can be reached via phone at (972) 373-8800, via email at nxst@jcir.com, or via fax at 972-373-8888. 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