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

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

Nexstar Media Group declared a quarterly dividend on Friday, October 25th. Shareholders of record on Friday, November 8th will be given a dividend of $0.45 per share on Friday, November 22nd. This represents a $1.80 dividend on an annualized basis and a yield of 1.37%. The ex-dividend date of this dividend is Thursday, November 7th. View Nexstar Media Group's Dividend History.

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

Nexstar Media Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 26th 2020. View Earnings Estimates for Nexstar Media Group.

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.

6 brokerages have issued 1 year target prices for Nexstar Media Group's shares. Their forecasts range from $116.00 to $155.00. On average, they expect Nexstar Media Group's stock price to reach $143.33 in the next year. This suggests a possible upside of 9.3% from the stock's current price. View Analyst Price Targets 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.

Media coverage about NXST stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Nexstar Media Group earned a media sentiment score of 1.5 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Nexstar Media Group.

Nexstar Media Group saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,040,000 shares, an increase of 12.5% from the December 15th total of 3,590,000 shares. Based on an average trading volume of 456,900 shares, the short-interest ratio is currently 8.8 days. Approximately 9.1% of the company's shares are short sold. View Nexstar Media Group's Current Options Chain.

Some companies that are related to Nexstar Media Group include Discovery Communications (DISCA), Liberty Media Formula One Series A (FWONA), Sinclair Broadcast Group (SBGI), Central European Media Enterprises (CETV), Entercom Communications (ETM), Entravision Communication (EVC), Saga Communications (SGA), Beasley Broadcast Group (BBGI) and Salem Media Group (SALM).

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).

Nexstar Media Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Tributary Capital Management LLC (0.55%), Dalton Greiner Hartman Maher & Co. (0.32%), Wedge Capital Management L L P NC (0.24%), Selz Capital LLC (0.20%), American National Bank (0.12%) and Three Peaks Capital Management LLC (0.08%). 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.

NXST stock was sold by a variety of institutional investors in the last quarter, including Dalton Greiner Hartman Maher & Co., Tributary Capital Management LLC, American National Bank, State of Alaska Department of Revenue, Tocqueville Asset Management L.P. and Wedge Capital Management L L P NC. 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.

NXST stock was acquired by a variety of institutional investors in the last quarter, including Selz Capital LLC, Three Peaks Capital Management LLC, First Hawaiian Bank, Zeke Capital Advisors LLC, First National Bank of Omaha and IFP Advisors Inc. 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, Robinhood, Fidelity and Charles Schwab.

One share of NXST stock can currently be purchased for approximately $131.12.

Nexstar Media Group has a market capitalization of $6.05 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.

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]