Nexstar Media Group Stock Forecast, Price & News

+0.25 (+0.17 %)
(As of 06/14/2021 12:00 AM ET)
Today's Range
50-Day Range
52-Week Range
Volume319,279 shs
Average Volume453,934 shs
Market Capitalization$6.29 billion
P/E Ratio7.91
Dividend Yield1.91%
30 days | 90 days | 365 days | Advanced Chart
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Nexstar Media Group logo

About Nexstar Media Group

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.


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Industry, Sector and Symbol

Sales & Book Value






Overall MarketRank

2.59 out of 5 stars

Consumer Discretionary Sector

3rd out of 596 stocks

Television Broadcasting Stations Industry

1st out of 28 stocks

Analyst Opinion: 1.5Community Rank: 2.9Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 4.4 5 -4 -3 -2 -1 -
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Nexstar Media Group (NASDAQ:NXST) Frequently Asked Questions

Is Nexstar Media Group a buy right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last twelve months. There are currently 6 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 top-rated stocks.

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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nexstar Media Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks 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 4th 2021.
View our earnings forecast for Nexstar Media Group

How were Nexstar Media Group's earnings last quarter?

Nexstar Media Group, Inc. (NASDAQ:NXST) issued its earnings results on Tuesday, May, 4th. The company reported $4.42 earnings per share for the quarter, beating analysts' consensus estimates of $3.11 by $1.31. The business had revenue of $1.13 billion for the quarter, compared to analyst estimates of $1.13 billion. Nexstar Media Group had a net margin of 18.91% and a trailing twelve-month return on equity of 35.70%. The firm's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter last year, the company posted $3.30 earnings per share.
View Nexstar Media Group's earnings history

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

Nexstar Media Group's stock was trading at $82.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NXST shares have increased by 79.0% and is now trading at $147.08.
View which stocks have been most impacted by COVID-19

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 Thursday, April 29th. Stockholders of record on Friday, May 14th will be given a dividend of $0.70 per share on Friday, May 28th. This represents a $2.80 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend is Thursday, May 13th.
View Nexstar Media Group's dividend history

Is Nexstar Media Group a good dividend stock?

Nexstar Media Group pays an annual dividend of $2.80 per share and currently has a dividend yield of 1.91%. Nexstar Media Group does not yet have a strong track record of dividend growth. The dividend payout ratio of Nexstar Media Group is 16.12%. 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 12.63% 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?

6 Wall Street analysts have issued 1 year target prices for Nexstar Media Group's stock. Their forecasts range from $130.00 to $180.00. On average, they anticipate Nexstar Media Group's stock price to reach $152.33 in the next year. This suggests a possible upside of 3.6% 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 63, Pay $5.26M)
  • Mr. Thomas E. Carter, Pres, COO & CFO (Age 63, Pay $1.5M)
  • Ms. Dana Zimmer, Exec. VP and Chief Distribution & Strategy Officer (Age 51, Pay $1.44M)
  • Mr. Brett E. Jenkins, Exec. VP & CTO (Age 51)
  • Ms. Elizabeth Ryder J.D., Exec. VP, Gen. Counsel & Sec. (Age 56)
  • Mr. Gary Weitman, Exec. VP & Chief Communications Officer (Age 64)
  • Ms. Terri Lynn Bush, Sr. VP of HR & Associate Counsel
  • Mr. Blake Russell, Exec. VP of Station Operations & Content Devel. (Age 50)
  • Ms. Julie Pruett, Sr. VP & Regional Mang. of Broadcasting (Age 59)
  • Mr. William Sally, Exec. VP of Sales - Nexstar Media Inc. (Age 63)

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 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?

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 retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (5.05%), BlackRock Inc. (4.70%), Dimensional Fund Advisors LP (3.72%), Goldman Sachs Group Inc. (2.64%), JPMorgan Chase & Co. (2.47%) and LSV Asset Management (1.90%). Company insiders that own Nexstar Media Group stock include Blake Russell, Brett Jenkins, 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 major investors are selling Nexstar Media Group stock?

NXST stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Hound Partners LLC, Price T Rowe Associates Inc. MD, Principal Financial Group Inc., Principal Financial Group Inc., Morgan Stanley, American Financial Group Inc., and Vaughan Nelson Investment Management L.P.. Company insiders that have sold Nexstar Media Group company stock in the last year include Blake Russell, Brett Jenkins, Charles Thomas Mcmillen, Dana Zimmer, Elizabeth Ryder, Lisbeth Mcnabb, Martin Pompadur, Perry A Sook, Sean Compton, Thomas Carter, and Timothy C Busch.
View insider buying and selling activity for Nexstar Media Group
or view top insider-selling stocks.

Which major investors are buying Nexstar Media Group stock?

NXST stock was bought by a variety of institutional investors in the last quarter, including LSV Asset Management, Goldman Sachs Group Inc., Arrowstreet Capital Limited Partnership, Prudential Financial Inc., Wedge Capital Management L L P NC, Clark Capital Management Group Inc., Los Angeles Capital Management LLC, and Zimmer Partners LP. 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.
Compare Top Brokerages Here.

What is Nexstar Media Group's stock price today?

One share of NXST stock can currently be purchased for approximately $147.08.

How much money does Nexstar Media Group make?

Nexstar Media Group has a market capitalization of $6.29 billion and generates $4.50 billion in revenue each year. The company earns $811.44 million in net income (profit) each year or $17.37 on an earnings per share basis.

How many employees does Nexstar Media Group have?

Nexstar Media Group employs 12,412 workers across the globe.

What is Nexstar Media Group's official website?

The official website for Nexstar Media Group is

Where are Nexstar Media Group's headquarters?

Nexstar Media Group is headquartered at 545 EAST JOHN CARPENTER FREEWAY SUITE 700, IRVING TX, 75062.

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 6/14/2021 by Staff
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