S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
S&P 500   4,594.62
DOW   34,899.34
QQQ   391.20
NASDAQ:NXST

Nexstar Media Group Stock Forecast, Price & News

$155.93
-4.44 (-2.77%)
(As of 11/26/2021 12:00 AM ET)
Add
Compare
Today's Range
$154.36
$156.96
50-Day Range
$141.64
$170.50
52-Week Range
$97.37
$171.16
Volume
184,500 shs
Average Volume
372,921 shs
Market Capitalization
$6.38 billion
P/E Ratio
7.50
Dividend Yield
1.80%
Beta
1.73
30 days | 90 days | 365 days | Advanced Chart
Receive NXST News and Ratings via Email

Sign-up to receive the latest news and ratings for Nexstar Media Group and its competitors with MarketBeat's FREE daily newsletter.


Nexstar Media Group logo

About Nexstar Media Group

Nexstar Media Group, Inc. is a television broadcasting and digital media company, which engages in the acquisition, development, and operation of television stations and interactive community websites and digital media services. The firm offers services free over-the-air programming which includes programs produced by networks with which the stations are affiliated, programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. The company was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.

Headlines

Top 10 Stock Picks of Naval Khera’s Brightline Capital
November 11, 2021 |  finance.yahoo.com
Nexstar Media Group (NASDAQ:NXST) Sets New 52-Week High at $169.50
November 9, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Television broadcasting stations
Sub-Industry
Broadcasting
Current Symbol
NASDAQ:NXST
CUSIP
65336K10
Employees
11,749
Year Founded
N/A

Sales & Book Value

Annual Sales
$4.50 billion
Cash Flow
$29.04 per share
Book Value
$64.40 per share

Profitability

Net Income
$811.44 million
Pretax Margin
26.30%

Debt

Price-To-Earnings

Miscellaneous

Free Float
38,070,000
Market Cap
$6.38 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/02/2021
Ex-Dividend
11/10/2021
Today
11/29/2021
Dividend Payable
11/29/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/22/2022

MarketRank

Overall MarketRank

3.40 out of 5 stars

Consumer Discretionary Sector

4th out of 389 stocks

Television Broadcasting Stations Industry

1st out of 20 stocks

Analyst Opinion: 2.5Community Rank: 4.9Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 3.8 5 -4 -3 -2 -1 -












Nexstar Media Group (NASDAQ:NXST) Frequently Asked Questions

Is Nexstar Media Group a buy right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nexstar Media Group in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Nexstar Media Group stock.
View analyst ratings for Nexstar Media Group
or view top-rated stocks.

How has Nexstar Media Group's stock price been impacted by Coronavirus (COVID-19)?

Nexstar Media Group's stock was trading at $82.17 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, NXST stock has increased by 89.8% and is now trading at $155.93.
View which stocks have been most impacted by COVID-19
.

When is Nexstar Media Group's next earnings date?

Nexstar Media Group is scheduled to release its next quarterly earnings announcement on Tuesday, February 22nd 2022.
View our earnings forecast for Nexstar Media Group
.

How were Nexstar Media Group's earnings last quarter?

Nexstar Media Group, Inc. (NASDAQ:NXST) posted its quarterly earnings data on Tuesday, November, 2nd. The company reported $4.05 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $3.82 by $0.23. The firm earned $1.16 billion during the quarter, compared to the consensus estimate of $1.14 billion. Nexstar Media Group had a net margin of 19.56% and a trailing twelve-month return on equity of 36.00%. During the same period last year, the firm posted $4.08 earnings per share.
View Nexstar Media Group's earnings history
.

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, October 28th. Investors of record on Friday, November 12th will be paid a dividend of $0.70 per share on Monday, November 29th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend is Wednesday, November 10th.
View Nexstar Media Group's dividend history
.

Is Nexstar Media Group a good dividend stock?

Nexstar Media Group pays an annual dividend of $2.80 per share and currently has a dividend yield of 1.75%. Nexstar Media Group has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Nexstar Media Group is 13.46%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Nexstar Media Group will have a dividend payout ratio of 11.09% next year. This indicates that Nexstar Media Group will be able to sustain or increase its dividend.
View Nexstar Media Group's dividend history.

What price target have analysts set for NXST?

4 brokers have issued 12 month target prices for Nexstar Media Group's stock. Their forecasts range from $180.00 to $200.00. On average, they expect Nexstar Media Group's stock price to reach $187.75 in the next twelve months. This suggests a possible upside of 20.4% from the stock's current price.
View analysts' price targets for Nexstar Media Group
or view top-rated stocks among Wall Street analysts.

Who are Nexstar Media Group's key executives?

Nexstar Media Group's management team includes the following people:
  • Perry A. Sook, Chairman & Chief Executive Officer
  • Thomas E. Carter, President & Chief Operating Officer (LinkedIn Profile)
  • Lee Ann Gliha, Chief Financial Officer & Executive Vice President
  • Dione J. Rigsby, Vice President-Technology
  • Brett E. Jenkins, Chief Technology Officer & Executive VP

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

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

Who are some of Nexstar Media Group's key competitors?

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 variety of retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (5.25%), Dimensional Fund Advisors LP (4.33%), BlackRock Inc. (4.16%), LSV Asset Management (2.88%), Boston Partners (2.63%) and Cardinal Capital Management LLC CT (2.68%). Company insiders that own Nexstar Media Group 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, Lisbeth Mcnabb, Martin Pompadur, Perry A Sook, Sean Compton, Thomas Carter, Timothy C Busch and William Sally.
View institutional ownership trends for Nexstar Media Group
.

Which institutional investors are selling Nexstar Media Group stock?

NXST stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Lord Abbett & CO. LLC, Macquarie Group Ltd., Citadel Advisors LLC, BlackRock Inc., Schroder Investment Management Group, Cardinal Capital Management LLC CT, and Russell Investments Group Ltd.. Company insiders that have sold Nexstar Media Group company stock in the last year include Andrew Alford, Blake Russell, Brett Jenkins, Charles Thomas Mcmillen, Dana Zimmer, Elizabeth Ryder, Lisbeth Mcnabb, Martin Pompadur, Perry A Sook, Sean Compton, Thomas Carter, and Timothy C Busch.
View insider buying and selling activity for Nexstar Media Group
or view top insider-selling stocks.

Which institutional investors are buying Nexstar Media Group stock?

NXST stock was purchased by a variety of institutional investors in the last quarter, including Clark Capital Management Group Inc., Dimensional Fund Advisors LP, LSV Asset Management, Boston Partners, Park West Asset Management LLC, Chiron Investment Management LLC, Achmea Investment Management B.V., and Nordea Investment Management AB. Company insiders that have bought Nexstar Media Group stock in the last two years include Gary Weitman, and John R Muse.
View insider buying and selling activity for Nexstar Media Group
or or view top insider-buying stocks.

How do I buy shares of 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 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 $155.93.

How much money does Nexstar Media Group make?

Nexstar Media Group has a market capitalization of $6.38 billion and generates $4.50 billion in revenue each year. The company earns $811.44 million in net income (profit) each year or $20.80 on an earnings per share basis.

How many employees does Nexstar Media Group have?

Nexstar Media Group employs 11,749 workers across the globe.

What is Nexstar Media Group's official website?

The official website for Nexstar Media Group is www.nexstar.tv.

Where are Nexstar Media Group's headquarters?

Nexstar Media Group is headquartered at 545 EAST JOHN CARPENTER FREEWAY SUITE 700, IRVING TX, 75062.

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 company can be reached via phone at (972) 373-8800, via email at [email protected], or via fax at 972-373-8888.


This page was last updated on 11/29/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.