Nexstar Media Group, Inc. operates as a television broadcasting and digital media company in the United States. It focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets. The company offers free over-the-air programming to television viewing audiences. It also provides sales, programming, and other services through various local service agreements to 36 power television stations owned and/or operated by independent third parties. As of December 31, 2017, the company owned, operated, programmed, or provided sales and other services to 170 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. The company's stations reach approximately 43.6 million viewers. 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.
Industry, Sector and Symbol
Industry Television broadcasting stations
Sub-IndustryBroadcasting
SectorConsumer Discretionary
SymbolNASDAQ:NXST
CUSIP65336K10
Phone972-373-8800
Debt
Debt-to-Equity Ratio2.68
Current Ratio1.46
Quick Ratio1.46
Price-To-Earnings
Trailing P/E Ratio19.02
Forward P/E Ratio9.32
P/E Growth1.54
Sales & Book Value
Annual Sales$2.43 billion
Price / Sales1.42
Cash Flow$11.9589 per share
Price / Cash6.33
Book Value$34.70 per share
Price / Book2.18
Profitability
EPS (Most Recent Fiscal Year)$3.98
Net Income$474.99 million
Net Margins20.63%
Return on Equity15.56%
Return on Assets2.89%
Miscellaneous
Employees9,113
Outstanding Shares45,730,000
