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NASDAQ:NXST

Nexstar Media Group Stock Forecast, Price & News

$110.34
+2.34 (+2.17 %)
(As of 01/25/2021 12:00 AM ET)
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Compare
Today's Range
$107.15
Now: $110.34
$110.41
50-Day Range
$99.63
MA: $108.28
$116.32
52-Week Range
$43.37
Now: $110.34
$130.12
Volume702,501 shs
Average Volume364,820 shs
Market Capitalization$4.86 billion
P/E Ratio9.30
Dividend Yield2.07%
Beta1.92
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company in the United States. The company focuses on the acquisition, development, and operation of television stations and interactive community websites in small and medium-sized markets. It offers free over-the-air programming to television viewing audiences. As of December 31, 2019, the company provided sales, programming, and other services through various local service agreements to 36 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 197 television stations in 115 markets in the states of Alabama, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, and Wisconsin. It also offers digital publishing and content management platform, digital video advertising platform, social media advertising platform, and other digital media solutions to media publishers and advertisers, as well as owns WGN America, a national general entertainment cable network. The company affiliates of ABC, NBC, FOX, CBS, The CW, MNTV 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.
Nexstar Media Group logo

MarketRank

Overall MarketRank

2.08 out of 5 stars

Consumer Discretionary Sector

24th out of 567 stocks

Television Broadcasting Stations Industry

2nd out of 28 stocks

Analyst Opinion: 2.5Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryBroadcasting
Current SymbolNASDAQ:NXST
CUSIP65336K10
Phone972-373-8800
Employees16,193
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.04 billion
Cash Flow$15.65 per share
Book Value$44.51 per share

Profitability

Net Income$230.26 million

Miscellaneous

Market Cap$4.86 billion
Next Earnings Date2/23/2021 (Confirmed)
OptionableOptionable
$110.34
+2.34 (+2.17 %)
(As of 01/25/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Nexstar Media Group (NASDAQ:NXST) Frequently Asked Questions

How has Nexstar Media Group's stock price been impacted by COVID-19 (Coronavirus)?

Nexstar Media Group's stock was trading at $82.17 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NXST stock has increased by 34.3% and is now trading at $110.34.
View which stocks have been most impacted by COVID-19
.

Is Nexstar Media Group a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Nexstar Media Group stock.
View analyst ratings for Nexstar Media Group
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Nexstar Media Group?

Wall Street analysts have given Nexstar Media Group a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nexstar Media Group wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

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.

When is Nexstar Media Group's next earnings date?

Nexstar Media Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Nexstar Media Group
.

How can I listen to Nexstar Media Group's earnings call?

Nexstar Media Group will be holding an earnings conference call on Tuesday, February 23rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Nexstar Media Group's earnings last quarter?

Nexstar Media Group, Inc. (NASDAQ:NXST) issued its earnings results on Thursday, November, 5th. The company reported $4.08 earnings per share for the quarter, topping analysts' consensus estimates of $2.35 by $1.73. The company had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.08 billion. Nexstar Media Group had a net margin of 13.27% and a trailing twelve-month return on equity of 25.99%. The business's quarterly revenue was up 68.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.13) 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 Thursday, October 22nd. Stockholders of record on Friday, November 6th will be paid a dividend of $0.56 per share on Friday, November 20th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 2.03%. The ex-dividend date of this dividend is Thursday, November 5th.
View Nexstar Media Group's dividend history
.

Is Nexstar Media Group a good dividend stock?

Nexstar Media Group pays an annual dividend of $2.24 per share and currently has a dividend yield of 2.07%. The dividend payout ratio of Nexstar Media Group is 44.44%. 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 16.98% 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?

7 brokers have issued 1 year price targets for Nexstar Media Group's shares. Their forecasts range from $91.00 to $140.00. On average, they expect Nexstar Media Group's share price to reach $121.71 in the next twelve months. This suggests a possible upside of 10.3% from the stock's current price.
View analysts' price targets for Nexstar Media Group
or view Wall Street analyst' top-rated stocks.

Who are some of Nexstar Media Group's key 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).

Who are Nexstar Media Group's key executives?

Nexstar Media Group's management team includes the following people:
  • Mr. Perry A. Sook, Chairman & CEO (Age 62, Pay $4.88M)
  • Mr. Thomas E. Carter, Pres, COO & CFO (Age 62, Pay $2.02M)
  • Mr. Timothy C. Busch, Pres of Broadcasting (Age 57, Pay $1.74M)
  • Mr. Brett E. Jenkins, Exec. VP & CTO (Age 50)
  • Ms. Elizabeth Ryder J.D., Exec. VP, Gen. Counsel & Sec. (Age 55)
  • Mr. Gary Weitman, Exec. VP & Chief Communications Officer (Age 63)
  • Ms. Terri Lynn Bush, Sr. VP of HR & Associate Counsel
  • Mr. Blake Russell, Exec. VP of Station Operations (Age 49)
  • Ms. Julie Pruett, Sr. VP & Regional Mang. of Broadcasting (Age 58)
  • Mr. William Sally, Exec. VP of Sales - Nexstar Inc. (Age 62)

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 a number of institutional and retail investors. Top institutional shareholders include Tributary Capital Management LLC (0.61%), Peregrine Capital Management LLC (0.29%), Strs Ohio (0.24%), Wedge Capital Management L L P NC (0.23%), Dalton Greiner Hartman Maher & Co. (0.15%) and Genesee Capital Advisors LLC (0.02%). Company insiders that own Nexstar Media Group stock include Blake Russell, Brett Jenkins, Brian Jones, Charles Thomas Mcmillen, Dana Zimmer, Dennis Miller, Elizabeth Ryder, Gary Weitman, Gregory R Raifman, John R Muse, Lisbeth Mcnabb, Martin Pompadur, Perry A Sook, Sean Compton, Thomas Carter, Timothy C Busch and William Sally.
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 Dalton Greiner Hartman Maher & Co., Wedge Capital Management L L P NC, Strs Ohio, and Genesee Capital Advisors LLC. Company insiders that have sold Nexstar Media Group company stock in the last year include Blake Russell, Brett Jenkins, Charles Thomas Mcmillen, Dana Zimmer, Dennis Miller, Elizabeth Ryder, Gregory R Raifman, Lisbeth Mcnabb, Perry A Sook, Sean Compton, Thomas Carter, Timothy C Busch, and William Sally.
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 purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Tributary Capital Management LLC, New York State Teachers Retirement System, Janney Montgomery Scott LLC, Wiley BROS. Aintree Capital LLC, State of Alaska Department of Revenue, and Johnson Midwest Financial LLC. Company insiders that have bought Nexstar Media Group stock in the last two years include Gary Weitman, and John R Muse.
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.

What is Nexstar Media Group's stock price today?

One share of NXST stock can currently be purchased for approximately $110.34.

How big of a company is Nexstar Media Group?

Nexstar Media Group has a market capitalization of $4.86 billion and generates $3.04 billion in revenue each year. The company earns $230.26 million in net income (profit) each year or $5.04 on an earnings per share basis. Nexstar Media Group employs 16,193 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 or via email at [email protected]

This page was last updated on 1/25/2021 by MarketBeat.com Staff

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