NXST vs. PARA, TGNA, TV, SBGI, GTN, SSP, EVC, PARAA, FOX, and NWS
Should you be buying Nexstar Media Group stock or one of its competitors? The main competitors of Nexstar Media Group include Paramount Global (PARA), TEGNA (TGNA), Grupo Televisa, S.A.B. (TV), Sinclair (SBGI), Gray Television (GTN), E.W. Scripps (SSP), Entravision Communications (EVC), Paramount Global (PARAA), FOX (FOX), and News (NWS). These companies are all part of the "consumer discretionary" sector.
Paramount Global (NASDAQ:PARA) and Nexstar Media Group (NASDAQ:NXST) are both mid-cap consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their institutional ownership, valuation, earnings, profitability, risk, analyst recommendations, community ranking, dividends and media sentiment.
Nexstar Media Group received 494 more outperform votes than Paramount Global when rated by MarketBeat users. Likewise, 71.25% of users gave Nexstar Media Group an outperform vote while only 14.96% of users gave Paramount Global an outperform vote.
Paramount Global pays an annual dividend of $0.20 per share and has a dividend yield of 1.6%. Nexstar Media Group pays an annual dividend of $6.76 per share and has a dividend yield of 4.1%. Paramount Global pays out -133.3% of its earnings in the form of a dividend. Nexstar Media Group pays out 70.2% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Nexstar Media Group has raised its dividend for 11 consecutive years. Nexstar Media Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.
Nexstar Media Group has lower revenue, but higher earnings than Paramount Global. Paramount Global is trading at a lower price-to-earnings ratio than Nexstar Media Group, indicating that it is currently the more affordable of the two stocks.
Paramount Global has a beta of 1.74, suggesting that its share price is 74% more volatile than the S&P 500. Comparatively, Nexstar Media Group has a beta of 1.5, suggesting that its share price is 50% more volatile than the S&P 500.
Paramount Global presently has a consensus price target of $13.58, suggesting a potential upside of 5.34%. Nexstar Media Group has a consensus price target of $193.83, suggesting a potential upside of 16.37%. Given Paramount Global's stronger consensus rating and higher possible upside, analysts plainly believe Nexstar Media Group is more favorable than Paramount Global.
Nexstar Media Group has a net margin of 7.03% compared to Nexstar Media Group's net margin of -0.15%. Paramount Global's return on equity of 14.06% beat Nexstar Media Group's return on equity.
73.0% of Paramount Global shares are held by institutional investors. Comparatively, 95.3% of Nexstar Media Group shares are held by institutional investors. 0.5% of Paramount Global shares are held by insiders. Comparatively, 5.9% of Nexstar Media Group shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
In the previous week, Paramount Global had 89 more articles in the media than Nexstar Media Group. MarketBeat recorded 95 mentions for Paramount Global and 6 mentions for Nexstar Media Group. Paramount Global's average media sentiment score of 0.17 beat Nexstar Media Group's score of 0.16 indicating that Nexstar Media Group is being referred to more favorably in the news media.
Summary
Nexstar Media Group beats Paramount Global on 16 of the 21 factors compared between the two stocks.
Get Nexstar Media Group News Delivered to You Automatically
Sign up to receive the latest news and ratings for NXST and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding NXST and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart
Nexstar Media Group Competitors List
Related Companies and Tools