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

$124.27
-4.11 (-3.20 %)
(As of 02/21/2020 03:34 AM ET)
Today's Range
$123.48
Now: $124.27
$128.59
50-Day Range
$114.91
MA: $124.32
$131.12
52-Week Range
$89.55
Now: $124.27
$133.25
Volume567,578 shs
Average Volume519,664 shs
Market Capitalization$5.73 billion
P/E Ratio21.96
Dividend Yield1.74%
Beta1.45
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, 2018, the company also provides sales, programming, and other services through various local service agreements to 38 power television stations owned and/or operated by independent third parties; owned, operated, programmed, or provided sales and other services to 174 television stations in 100 markets in the states of Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, West Virginia, and Wisconsin; and reaches 42.7 million television households. Read More…

Industry, Sector and Symbol

Industry Television broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
Current SymbolNASDAQ:NXST
CUSIP65336K10
Phone972-373-8800

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.77 billion
Cash Flow$16.08 per share
Book Value$40.97 per share

Profitability

Net Income$389.48 million

Miscellaneous

Employees8,959
Market Cap$5.73 billion
Next Earnings Date2/26/2020 (Confirmed)
OptionableOptionable

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Nexstar Media Group (NASDAQ:NXST) Frequently Asked Questions

What is Nexstar Media Group's stock symbol?

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

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, January 31st. Investors of record on Friday, February 14th will be given a dividend of $0.56 per share on Friday, February 28th. This represents a $2.24 annualized dividend and a yield of 1.80%. The ex-dividend date is Thursday, February 13th. This is a boost from Nexstar Media Group's previous quarterly dividend of $0.45. View Nexstar Media Group's Dividend History.

How were Nexstar Media Group's earnings last quarter?

Nexstar Media Group Inc (NASDAQ:NXST) announced its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.85) EPS for the quarter, missing the consensus estimate of $1.51 by $2.36. The company earned $663.60 million during the quarter, compared to analyst estimates of $644 million. Nexstar Media Group had a net margin of 9.87% and a return on equity of 16.74%. The firm's revenue for the quarter was down 4.2% compared to the same quarter last year. During the same period in the prior year, the business posted $2.12 earnings per share. View Nexstar Media Group's Earnings History.

When is Nexstar Media Group's next earnings date?

Nexstar Media Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates 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 Wednesday, February 26th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

What price target have analysts set for NXST?

6 Wall Street analysts have issued twelve-month target prices for Nexstar Media Group's stock. Their forecasts range from $116.00 to $155.00. On average, they expect Nexstar Media Group's share price to reach $143.33 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for Nexstar Media Group.

What is the consensus analysts' recommendation for Nexstar Media Group?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nexstar Media Group.

Has Nexstar Media Group been receiving favorable news coverage?

Media headlines about NXST stock have trended somewhat positive recently, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nexstar Media Group earned a media sentiment score of 0.8 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Nexstar Media Group.

Are investors shorting Nexstar Media Group?

Nexstar Media Group saw a increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,040,000 shares, an increase of 12.5% from the December 31st total of 3,590,000 shares. Based on an average daily trading volume, of 460,700 shares, the days-to-cover ratio is currently 8.8 days. Approximately 9.1% of the shares of the stock are sold short. View Nexstar Media Group's Current Options Chain.

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), Bank Of The Ozarks (OZRK) and Pentair (PNR).

Who are Nexstar Media Group's key executives?

Nexstar Media Group's management team includes the folowing people:
  • Mr. Perry A. Sook, Chairman, Pres & CEO (Age 61)
  • Mr. Thomas E. Carter, Exec. VP & CFO (Age 61)
  • Mr. Timothy C. Busch, Pres of Nexstar Broadcasting Inc (Age 56)
  • Mr. Gregory R. Raifman, Pres of Nexstar Digital LLC (Age 59)
  • Mr. Brian Jones, Exec. VP & COO of Nexstar Broadcasting, Inc. (Age 59)

Who are Nexstar Media Group's major shareholders?

Nexstar Media Group's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (6.22%), Capital World Investors (4.63%), P2 Capital Partners LLC (3.69%), Windacre Partnership LLC (2.89%), Vaughan Nelson Investment Management L.P. (2.70%) and Boston Partners (2.68%). Company insiders that own Nexstar Media Group stock include Andrew Alford, Anthony Katsur, Blake Russell, Brett Jenkins, Brian Jones, Charles Thomas Mcmillen, Dennis Miller, Douglas Davis, Elizabeth Ryder, Jay M Grossman, Keith P Hopkins, Lisbeth Mcnabb, Martin Pompadur and Thomas Carter. 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 Windacre Partnership LLC, P2 Capital Partners LLC, AQR Capital Management LLC, Panagora Asset Management Inc., Man Group plc, Jacobs Levy Equity Management Inc., Bank of New York Mellon Corp and Principal Financial Group Inc.. Company insiders that have sold Nexstar Media Group company stock in the last year include Blake Russell, Brett Jenkins, Brian Jones, Charles Thomas Mcmillen, Dennis Miller, Elizabeth Ryder, Martin Pompadur and Thomas Carter. View Insider Buying and Selling for Nexstar Media Group.

Which institutional investors are buying Nexstar Media Group stock?

NXST stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, FMR LLC, Goldman Sachs Group Inc., Point72 Asset Management L.P., Victory Capital Management Inc., Copeland Capital Management LLC, Victory Capital Management Inc. and Schonfeld Strategic Advisors LLC. View Insider Buying and Selling for Nexstar Media Group.

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 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 $124.27.

How big of a company is Nexstar Media Group?

Nexstar Media Group has a market capitalization of $5.73 billion and generates $2.77 billion in revenue each year. The company earns $389.48 million in net income (profit) each year or $8.54 on an earnings per share basis. Nexstar Media Group employs 8,959 workers across the globe.View Additional Information About Nexstar Media Group.

What is Nexstar Media Group's official website?

The official website for Nexstar Media Group is http://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]


MarketBeat Community Rating for Nexstar Media Group (NASDAQ NXST)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  450 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  765
MarketBeat's community ratings are surveys of what our community members think about Nexstar Media Group and other stocks. Vote "Outperform" if you believe NXST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NXST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/21/2020 by MarketBeat.com Staff

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