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, 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.

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.

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 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.

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 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.

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.

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 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.

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.

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.

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 $124.27.

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.

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]