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S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
The Safest Option in Trades! (Ad)pixel
3 Safe Earnings Plays for a Risk-Off Market
Micron to bring microchip plant to upstate New York
The Safest Option in Trades! (Ad)pixel
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
Stocks rise in extended rally, clawing back more ground
The Safest Option in Trades! (Ad)pixel
Live Updates: Russia-Ukraine War
Fourth quarter opens with a bang, US futures jump sharply
S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
The Safest Option in Trades! (Ad)pixel
3 Safe Earnings Plays for a Risk-Off Market
Micron to bring microchip plant to upstate New York
The Safest Option in Trades! (Ad)pixel
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
Stocks rise in extended rally, clawing back more ground
The Safest Option in Trades! (Ad)pixel
Live Updates: Russia-Ukraine War
Fourth quarter opens with a bang, US futures jump sharply
S&P 500   3,790.93
DOW   30,316.32
QQQ   282.13
6 Benefits of Working With a Franchise Consultant or Broker
The Safest Option in Trades! (Ad)pixel
3 Safe Earnings Plays for a Risk-Off Market
Micron to bring microchip plant to upstate New York
The Safest Option in Trades! (Ad)pixel
Tyson Foods Takes a Lickin’ and Keeps on Tickin’ Lower
Stocks rise in extended rally, clawing back more ground
The Safest Option in Trades! (Ad)pixel
Live Updates: Russia-Ukraine War
Fourth quarter opens with a bang, US futures jump sharply

Nexstar Media Group - NXST Stock Forecast, Price & News

$178.68
+5.94 (+3.44%)
(As of 10/4/2022 12:00 AM ET)
Add
Compare
Today's Range
$173.89
$178.76
50-Day Range
$166.73
$202.16
52-Week Range
$139.69
$204.62
Volume
365,877 shs
Average Volume
299,274 shs
Market Capitalization
$7.22 billion
P/E Ratio
8.26
Dividend Yield
2.08%
Price Target
$223.43

Nexstar Media Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
25.0% Upside
$223.43 Price Target
Short Interest
Bearish
4.17% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.45
Upright™ Environmental Score
News Sentiment
0.43mentions of Nexstar Media Group in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$3.26 M Sold Last Quarter
Proj. Earnings Growth
-17.16%
From $26.28 to $21.77 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.95 out of 5 stars

Consumer Discretionary Sector

19th out of 281 stocks

Television Broadcasting Stations Industry

1st out of 14 stocks

NXST stock logo

About Nexstar Media Group (NASDAQ:NXST) Stock

Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. 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.

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NXST Stock News Headlines

Nexstar Taps Dennis Miller to Lead the CW Network
Nexstar Media Group, Inc. (NXST)
Nexstar Media Group (NASDAQ: NXST)
Nexstar Media Group: Further Upside Likely
Nexstar Media Extends CEO Perry's Employment Agreement
Chris Cuomo Gets New TV-Host Gig With NewsNation
See More Headlines
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NXST Company Calendar

Last Earnings
8/04/2022
Ex-Dividend for 8/25 Dividend
8/10/2022
Dividend Payable
8/25/2022
Today
10/05/2022
Next Earnings (Confirmed)
11/08/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:NXST
CUSIP
65336K10
Employees
12,473
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$223.43
High Stock Price Forecast
$246.00
Low Stock Price Forecast
$200.00
Forecasted Upside/Downside
+25.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
5 Analysts

Profitability

Net Income
$834.57 million
Pretax Margin
24.00%

Debt

Sales & Book Value

Annual Sales
$4.65 billion
Cash Flow
$36.39 per share
Book Value
$69.88 per share

Miscellaneous

Free Float
38,384,000
Market Cap
$7.22 billion
Optionable
Optionable
Beta
1.48

Key Executives

  • Mr. Perry A. SookMr. Perry A. Sook (Age 64)
    Founder, Chairman & CEO
    Comp: $5.64M
  • Mr. Thomas E. CarterMr. Thomas E. Carter (Age 64)
    Pres & COO
    Comp: $2.02M
  • Ms. Lee Ann Gliha (Age 47)
    Exec. VP & CFO
    Comp: $889.95k
  • Mr. Andrew AlfordMr. Andrew Alford (Age 60)
    Pres of Broadcasting Division - Nexstar Media Inc.
    Comp: $1.03M
  • Mr. Sean ComptonMr. Sean Compton (Age 48)
    Pres of Networks Division
    Comp: $1.28M
  • Ms. Dana ZimmerMs. Dana Zimmer (Age 52)
    Pres of Distribution
    Comp: $1.49M
  • Mr. Brett E. JenkinsMr. Brett E. Jenkins (Age 52)
    Exec. VP & CTO
  • Ms. Rachel Morgan
    Exec. VP, Gen. Counsel & Sec.
  • Mr. Gary WeitmanMr. Gary Weitman (Age 65)
    Exec. VP & Chief Communications Officer
  • Ms. Terri Lynn Bush
    Sr. VP of HR & Associate Gen. Counsel













NXST Stock - Frequently Asked Questions

Should I buy or sell Nexstar Media Group stock right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last twelve months. There are currently 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NXST shares.
View NXST analyst ratings
or view top-rated stocks.

What is Nexstar Media Group's stock price forecast for 2022?

5 Wall Street research analysts have issued twelve-month price objectives for Nexstar Media Group's stock. Their NXST share price forecasts range from $200.00 to $246.00. On average, they expect the company's stock price to reach $223.43 in the next twelve months. This suggests a possible upside of 25.0% from the stock's current price.
View analysts price targets for NXST
or view top-rated stocks among Wall Street analysts.

How have NXST shares performed in 2022?

Nexstar Media Group's stock was trading at $150.98 at the beginning of 2022. Since then, NXST stock has increased by 18.3% and is now trading at $178.6750.
View the best growth stocks for 2022 here
.

When is Nexstar Media Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 8th 2022.
View our NXST earnings forecast
.

How can I listen to Nexstar Media Group's earnings call?

Nexstar Media Group will be holding an earnings conference call on Tuesday, November 8th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Nexstar Media Group's earnings last quarter?

Nexstar Media Group, Inc. (NASDAQ:NXST) issued its quarterly earnings data on Thursday, August, 4th. The company reported $5.56 earnings per share for the quarter, topping analysts' consensus estimates of $5.46 by $0.10. The business had revenue of $1.25 billion for the quarter, compared to analysts' expectations of $1.23 billion. Nexstar Media Group had a net margin of 18.79% and a trailing twelve-month return on equity of 32.36%. The company's revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the prior year, the firm posted $4.51 EPS.

How often does Nexstar Media Group pay dividends? What is the dividend yield for Nexstar Media Group?

Nexstar Media Group announced a quarterly dividend on Thursday, July 28th. Stockholders of record on Thursday, August 11th will be given a dividend of $0.90 per share on Thursday, August 25th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.01%. The ex-dividend date of this dividend is Wednesday, August 10th.
Read our dividend analysis for NXST
.

Is Nexstar Media Group a good dividend stock?

Nexstar Media Group (NASDAQ:NXST) pays an annual dividend of $3.60 per share and currently has a dividend yield of 2.08%. The company has been increasing its dividend for 9 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio is 16.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NXST will have a dividend payout ratio of 16.54% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for NXST.

What is Perry A. Sook's approval rating as Nexstar Media Group's CEO?

173 employees have rated Nexstar Media Group Chief Executive Officer Perry A. Sook on Glassdoor.com. Perry A. Sook has an approval rating of 46% among the company's employees. This puts Perry A. Sook in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

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), Micron Technology (MU) and Bank of the Ozarks (OZRK).

What is Nexstar Media Group's stock symbol?

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

Who are Nexstar Media Group's major shareholders?

Nexstar Media Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bowling Portfolio Management LLC (0.02%) and Csenge Advisory Group (0.01%). Insiders that own company stock include Andrew Alford, Blake Russell, Brett Jenkins, Charles Thomas Mcmillen, Dana Zimmer, Dennis Miller, Elizabeth Ryder, Gary Weitman, Gregory R Raifman, John R Muse, Karen A Brophy, Lisbeth Mcnabb, Martin Pompadur, Perry A Sook, Sean Compton, Thomas Carter, Timothy C Busch and William Sally.
View institutional ownership trends
.

How do I buy shares of Nexstar Media Group?

Shares of NXST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Nexstar Media Group's stock price today?

One share of NXST stock can currently be purchased for approximately $178.68.

How much money does Nexstar Media Group make?

Nexstar Media Group (NASDAQ:NXST) has a market capitalization of $7.22 billion and generates $4.65 billion in revenue each year. The company earns $834.57 million in net income (profit) each year or $21.64 on an earnings per share basis.

How many employees does Nexstar Media Group have?

The company employs 12,473 workers across the globe.

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 official website for the company is www.nexstar.tv. The company can be reached via phone at (972) 373-8800, via email at nxst@jcir.com, or via fax at 972-373-8888.

This page (NASDAQ:NXST) was last updated on 10/5/2022 by MarketBeat.com Staff

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