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

Nexstar Media Group announced that its Board of Directors has authorized a share buyback program 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 repurchase shares of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

Nexstar Media Group Inc (NASDAQ:NXST) released its earnings results on Wednesday, May, 9th. The company reported $1.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.12 by $0.11. The business earned $615.34 million during the quarter, compared to analysts' expectations of $612.37 million. Nexstar Media Group had a return on equity of 15.56% and a net margin of 20.63%. Nexstar Media Group's revenue for the quarter was up 13.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.13 earnings per share. 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 brokers have issued 12-month price targets for Nexstar Media Group's stock. Their forecasts range from $79.00 to $102.00. On average, they anticipate Nexstar Media Group's stock price to reach $89.5556 in the next year. 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), 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), Entravision Communication (EVC) and Phoenix New Media (FENG).

News articles about NXST stock have been trending somewhat positive this week, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Nexstar Media Group earned a news sentiment score of 0.20 on Accern's scale. They also gave media coverage about the company an impact score of 46.05 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

Nexstar Media Group's stock is owned by many different 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 purchased 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 $3.51 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]