NASDAQ:NXST - Nexstar Media Group Stock Price, News, & Analysis

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

Nexstar Media Group announced a quarterly dividend on Monday, October 29th. Shareholders of record on Friday, November 16th will be given a dividend of $0.375 per share on Friday, November 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, November 15th. View Nexstar Media Group's Dividend History.

Nexstar Media Group declared that its board has authorized a stock buyback plan on Monday, June 12th 2017, which allows the company to buyback $51,300,000.00 in shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

Nexstar Media Group Inc (NASDAQ:NXST) released its quarterly earnings results on Thursday, November, 8th. The company reported $2.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.97 by $0.15. The firm earned $693 million during the quarter, compared to the consensus estimate of $676.34 million. Nexstar Media Group had a return on equity of 19.56% and a net margin of 23.45%. The firm's revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 earnings per share. View Nexstar Media Group's Earnings History.

Nexstar Media Group is scheduled to release their next quarterly earnings announcement on Tuesday, February 26th 2019. View Earnings Estimates for Nexstar Media Group.

10 Wall Street analysts have issued 1 year price objectives for Nexstar Media Group's shares. Their forecasts range from $87.00 to $102.00. On average, they anticipate Nexstar Media Group's share price to reach $92.7778 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for Nexstar Media Group.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nexstar Media Group.

News stories about NXST stock have trended somewhat positive on Monday, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nexstar Media Group earned a daily sentiment score of 0.6 on InfoTrie's scale. They also gave media stories about the company a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an impact on the stock's share price in the next several days.

Some companies that are related to Nexstar Media Group include Grupo Televisa SAB (TV), Liberty Media Formula One Series C (FWONK), Liberty Media Formula One Series B (FWONB), Liberty Media Formula One Series A (FWONA), PROSIEBENSAT 1/ADR (PBSFY), Tribune (TRCO), Sinclair Broadcast Group (SBGI), TEGNA (TGNA), Television Francaise 1 (TVFCF), Gray Television (GTN), Gray Television (GTN.A), Central European Media Enterprises (CETV), Entravision Communication (EVC), Liberty Braves Group Series A (BATRA) and Phoenix New Media (FENG).

Nexstar Media Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.71%), JPMorgan Chase & Co. (4.31%), FMR LLC (4.18%), Bank of New York Mellon Corp (2.15%), Deprince Race & Zollo Inc. (1.12%) and Dalton Greiner Hartman Maher & Co. (1.08%). Company insiders that own Nexstar Media Group stock include Andrew Alford, Anthony Katsur, Blake Russell, Brian Jones, Dennis Miller, Douglas Davis, Elizabeth Ryder, Gary Michael Vaughn, John R Muse, Julie Pruett, Keith P Hopkins, Lisbeth Mcnabb, Perry A Sook, Thomas Carter, Thomas O'brien and Timothy C Busch. View Institutional Ownership Trends for Nexstar Media Group.

NXST stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Deprince Race & Zollo Inc., Tributary Capital Management LLC, WBI Investments Inc., Beach Point Capital Management LP, Russell Investments Group Ltd., SG Americas Securities LLC and AXA. Company insiders that have sold Nexstar Media Group company stock in the last year include Andrew Alford, Anthony Katsur, Blake Russell, Brian Jones, Douglas Davis, Elizabeth Ryder, Gary Michael Vaughn, Keith P Hopkins, Lisbeth Mcnabb and Timothy C Busch. View Insider Buying and Selling for Nexstar Media Group.

NXST stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, 12th Street Asset Management Company LLC, Dalton Greiner Hartman Maher & Co., Waratah Capital Advisors Ltd., American Century Companies Inc., BlackRock Inc., First Trust Advisors LP and Alliancebernstein L.P.. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NXST stock can currently be purchased for approximately $80.43.

Nexstar Media Group has a market capitalization of $3.69 billion and generates $2.43 billion in revenue each year. The company earns $474.99 million in net income (profit) each year or $3.98 on an earnings per share basis. Nexstar Media Group employs 9,113 workers across the globe.

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

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]