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

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

Nexstar Media Group declared a quarterly dividend on Monday, October 29th. Investors 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 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend is Thursday, November 15th. View Nexstar Media Group's Dividend History.

Nexstar Media Group announced that its board has initiated a share repurchase plan on Monday, June 12th 2017, which permits the company to repurchase $51,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to repurchase shares of its stock through open market purchases. Shares repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

Nexstar Media Group Inc (NASDAQ:NXST) posted its quarterly earnings data on Thursday, November, 8th. The company reported $2.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.97 by $0.15. The company earned $693 million during the quarter, compared to analysts' expectations of $676.34 million. Nexstar Media Group had a net margin of 23.45% and a return on equity of 19.12%. Nexstar Media Group's quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter last year, the company posted $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 brokers have issued 12-month price targets for Nexstar Media Group's stock. Their forecasts range from $87.00 to $102.00. On average, they expect Nexstar Media Group's stock price to reach $92.7778 in the next year. This suggests a possible upside of 17.5% 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.

Headlines about NXST stock have trended neutral on Sunday, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nexstar Media Group earned a news impact score of 0.2 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.

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 A (FWONA), Liberty Media Formula One Series B (FWONB), 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 number of of retail and institutional investors. Top institutional shareholders include Hound Partners LLC (7.01%), BlackRock Inc. (6.71%), Neuberger Berman Group LLC (6.40%), JPMorgan Chase & Co. (4.31%), FMR LLC (4.18%) and Dimensional Fund Advisors LP (4.08%). 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, Jay M Grossman, 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 Brown Advisory Inc., Windacre Partnership LLC, Bank of New York Mellon Corp, Deprince Race & Zollo Inc., Tributary Capital Management LLC, WBI Investments Inc., Neuberger Berman Group LLC and Beach Point Capital Management LP. 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, Jay M Grossman, Keith P Hopkins, Lisbeth Mcnabb and Timothy C Busch. View Insider Buying and Selling for Nexstar Media Group.

NXST stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Hound Partners LLC, Macquarie Group Ltd., 12th Street Asset Management Company LLC, Kavi Asset Management LP, Dalton Greiner Hartman Maher & Co., Allianz Asset Management GmbH and Waratah Capital Advisors Ltd.. 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 $78.99.

Nexstar Media Group has a market capitalization of $3.60 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]