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

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

Nexstar Media Group declared a quarterly dividend on Friday, July 27th. Investors of record on Friday, August 10th will be paid a dividend of $0.375 per share on Friday, August 24th. This represents a $1.50 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date is Thursday, August 9th. View Nexstar Media Group's Dividend History.

Nexstar Media Group declared that its Board of Directors has initiated a stock buyback 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 buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's leadership believes its stock is undervalued.

Nexstar Media Group Inc (NASDAQ:NXST) announced its earnings results on Wednesday, August, 8th. The company reported $1.86 EPS for the quarter, beating analysts' consensus estimates of $1.72 by $0.14. The company earned $660.30 million during the quarter, compared to the consensus estimate of $657.92 million. Nexstar Media Group had a net margin of 22.07% and a return on equity of 17.28%. The firm's revenue was up 5.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 earnings per share. View Nexstar Media Group's Earnings History.

Nexstar Media Group is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Nexstar Media Group.

12 brokers have issued 1 year target prices for Nexstar Media Group's stock. Their forecasts range from $79.00 to $102.00. On average, they expect Nexstar Media Group's stock price to reach $90.3636 in the next year. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Price Targets for Nexstar Media Group.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Nexstar Media Group.

Some companies that are related to Nexstar Media Group include Rtl Group (RGLXF), 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 Company Common Stock (TRCO), Sinclair Broadcast Group (SBGI), Television Francaise 1 (TVFCF), TEGNA (TGNA), Gray Television (GTN), Gray Television, Inc. Class A (GTN.A), E. W. Scripps (SSP), Central European Media Enterprises (CETV) and Entravision Communication (EVC).

News stories about NXST stock have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nexstar Media Group earned a news impact score of 0.24 on Accern's scale. They also assigned media stories about the company an impact score of 48.16 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Nexstar Media Group.

Nexstar Media Group's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.59%), Dimensional Fund Advisors LP (4.07%), Vaughan Nelson Investment Management L.P. (3.31%), FMR LLC (2.95%), Bank of New York Mellon Corp (2.64%) and Brown Advisory Inc. (2.37%). Company insiders that own Nexstar Media Group stock include Anthony Katsur, Blake Russell, Brian Jones, Dennis Miller, Douglas Davis, Elizabeth Ryder, Gary Michael Vaughn, John R Muse, Julie Pruett, 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 FMR LLC, Beach Point Capital Management LP, Russell Investments Group Ltd., Dupont Capital Management Corp, Bank of New York Mellon Corp, First Trust Advisors LP, Scopus Asset Management L.P. and American National Bank. Company insiders that have sold Nexstar Media Group company stock in the last year include Anthony Katsur, Blake Russell, Brian Jones, Douglas Davis, Elizabeth Ryder, Gary Michael Vaughn, John R Muse, Julie Pruett, Lisbeth Mcnabb, Perry A Sook and Timothy C Busch. View Insider Buying and Selling for Nexstar Media Group.

NXST stock was bought by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Dimensional Fund Advisors LP, Bank of America Corp DE, Federated Investors Inc. PA, BlackRock Inc., Private Management Group Inc., Private Management Group Inc. and WBI Investments 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, Scottrade, Fidelity and Charles Schwab.

One share of NXST stock can currently be purchased for approximately $78.50.

Nexstar Media Group has a market capitalization of $3.48 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.

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]