NASDAQ:NXST - Nexstar Media Group Stock Price, Price Target & More

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

Nexstar Media Group announced a quarterly dividend on Friday, April 27th. Investors of record on Friday, May 11th will be given a dividend of $0.375 per share on Friday, May 25th. This represents a $1.50 dividend on an annualized basis and a yield of 1.95%. The ex-dividend date of this dividend is Thursday, May 10th. View Nexstar Media Group's Dividend History.

Nexstar Media Group declared that its board has approved a share repurchase program on Monday, June 12th 2017, which authorizes the company to repurchase $51,300,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

Nexstar Media Group Inc (NASDAQ:NXST) issued its quarterly earnings data on Wednesday, May, 9th. The company reported $1.01 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $1.12 by $0.11. The company earned $615.34 million during the quarter, compared to analysts' expectations of $612.37 million. Nexstar Media Group had a net margin of 20.63% and a return on equity of 15.56%. The company's quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 EPS. View Nexstar Media Group's Earnings History.

Nexstar Media Group is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Nexstar Media Group.

10 brokerages have issued 1-year price targets for Nexstar Media Group's stock. Their predictions range from $79.00 to $102.00. On average, they anticipate Nexstar Media Group's share price to reach $89.5556 in the next twelve months. This suggests a possible upside of 16.5% from the stock's current price. View Analyst Ratings 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 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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 headlines about NXST stock have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nexstar Media Group earned a news impact score of 0.05 on Accern's scale. They also gave news stories about the company an impact score of 46.34 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Nexstar Media Group's stock is owned by a number of of institutional and retail investors. Top institutional investors include Deprince Race & Zollo Inc. (1.47%), Dalton Greiner Hartman Maher & Co. (0.81%), Boston Advisors LLC (0.17%), American National Bank (0.10%), Sit Investment Associates Inc. (0.10%) and Xact Kapitalforvaltning AB (0.02%). 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 American National Bank. Company insiders that have sold Nexstar Media Group company stock in the last year 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 and Timothy C Busch. 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 Advisors LLC, Dalton Greiner Hartman Maher & Co., Deprince Race & Zollo Inc., Creative Planning, Fortaleza Asset Management Inc., Xact Kapitalforvaltning AB, Amalgamated Bank and Sit Investment Associates 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 $76.85.

Nexstar Media Group has a market capitalization of $3.47 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]