Nexstar Media Group, Inc. (NXST)
| Market Cap | 6.27B |
| Revenue (ttm) | 5.32B |
| Net Income (ttm) | 606.00M |
| Shares Out | 30.32M |
| EPS (ttm) | 19.36 |
| PE Ratio | 10.69 |
| Forward PE | 13.69 |
| Dividend | $7.44 (3.60%) |
| Ex-Dividend Date | Aug 15, 2025 |
| Volume | 301,146 |
| Open | 205.15 |
| Previous Close | 206.22 |
| Day's Range | 203.46 - 208.95 |
| 52-Week Range | 141.66 - 223.36 |
| Beta | 1.02 |
| Analysts | Strong Buy |
| Price Target | 221.43 (+7.0%) |
| Earnings Date | Nov 6, 2025 |
About NXST
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services. The company offers video and display advertising platforms through its own and various third party websites, mobile and over-the-top applications, digital media solutions to media ... [Read more]
Financial Performance
In 2024, Nexstar Media Group's revenue was $5.41 billion, an increase of 9.61% compared to the previous year's $4.93 billion. Earnings were $702.00 million, an increase of 102.89%.
Financial StatementsAnalyst Summary
According to 7 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price target is $221.43, which is an increase of 7.00% from the latest price.
News
Nexstar Media Group, Inc. (NXST) Presents At Goldman Sachs Communicopia + Technology Conference 2025 Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST) Goldman Sachs Communicopia + Technology Conference 2025 September 8, 2025 2:30 PM EDT Company Participants Perry Sook - Founder, Chairman & CEO Lee Gliha - Exe...
Nexstar Media Group, Inc. (NXST) Presents At Bank Of America 2025 Media, Communications & Entertainment Conference Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST) Bank of America 2025 Media, Communications & Entertainment Conference September 4, 2025 2:00 PM EDT Company Participants Perry Sook - Founder, Chairman & CEO L...
Nexstar CEO Calls Local Media “The Least Sexy, Most Sticky Part Of The Media Ecosystem” As It Pursues Deal For Tegna
Nexstar, the CW owner and giant broadcaster that's angling to get even bigger, said it's made a home in local media because that's a lucrative place to be. “Everybody's focused on networks and strea...
Nexstar Media Group, Inc. (NXST) Presents At Citi's 2025 Global Technology, Media And Telecommunications Conference Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST) Citi's 2025 Global Technology, Media and Telecommunications Conference September 3, 2025 8:50 AM EDT Company Participants Perry Sook - Founder, Chairman & CEO ...
Nexstar Media Group to Participate in Four Upcoming Investor Conferences
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group executive management will participate in four upcoming investor conferences in September and October.
Nexstar Media Group is buying broadcast rival Tegna in $6.2 billion deal
Nexstar Media Group is buying broadcast rival Tegna for $6.2 billion, bringing together two major players in U.S. television and the country's local news landscape.If the transaction is approved, Nexs...
Nexstar And Tegna Announce Merger Plan: What To Look For Next
Another day, another major media merger. The Nexstar Media Group, already the largest owner of broadcast television stations in the U.S., announced yesterday that they will be purchasing Tegna, Inc. f...
TEGNA INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of TEGNA Inc. - TGNA
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of TEGNA...
Nexstar to buy rival Tegna for $6.2B — creating nationwide local TV giant
Nexstar beat out rival Sinclair, which was offering between $25 and $30 per share, significantly above Nexstar's winning bid.
Nexstar-Tegna deal puts Trump move to eliminate broadcast ownership rules to the test
Nextstar is looking to buy Tegna in a $6.2 billion cash deal — but will the FCC allow it despite a conflict with current TV ownership rules?
Nexstar to acquire Tegna in $6.2B deal: what it means for television industry
Nexstar Media Group has announced the acquisition of rival TV station operator Tegna for $6.2 billion, marking one of the year's most substantial and strategic deals in the media sector. The agreement...
Nexstar CEO on $6.2B Tegna deal: Allows us to compete on a level playing field with Big Tech
Perry Sook, Nexstar chairman and CEO, joins 'Squawk Box' to discuss the $6.2 billion Nedeal to buy rival Tegna, rationale behind the deal, future of newsroom autonomy, unsolicited offer from Sinclair,...
Nexstar to Buy Tegna in $6.2 Billion Deal. It May Have Beat Out Sinclair.
Nexstar, the largest TV station operator in the country, will pay $22 a share for its smaller rival.
Nexstar to buy smaller rival Tegna for $3.54 billion in big local-TV deal
Nexstar Media has agreed to buy smaller rival Tegna for $3.54 billion, creating a local-TV powerhouse that seeks to compete better with Big Tech and national media for advertising dollars.
Nexstar Media Group, Inc. Enters Into Definitive Agreement to Acquire TEGNA Inc. for $6.2 Billion in Accretive Transaction
IRVING, Texas & TYSONS, Va.--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”) and TEGNA Inc. (NYSE: TEGNA) (“TEGNA”) announced today that they entered into a definitive agreement ...
Nexstar-Tegna deal will provide scale at the local TV level, says CNBC founder Tom Rogers
Tom Rogers, CNBC founder and Versant senior advisor, joins 'Power Lunch' to discuss Nexstar's deal with Tegna, if other companies could pursue mergers and much more.
Tegna Stock Rockets On Nexstar Merger Talks; FCC Appears Set To Ease Local TV Rules In Order To Smooth Deal's Path
Shares in local TV giant Tegna surged nearly 30% in mid-day trading Monday on news that leading station owner Nexstar is in advanced talks to acquire the company. A source familiar with the discussion...
TV broadcaster Nexstar in advanced talks to acquire rival Tegna, source says
Television broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna , a person familiar with the matter told Reuters on Friday.
Nexstar Media Group, Inc. (NXST) Q2 2025 Earnings Conference Call Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST) Q2 2025 Earnings Call August 7, 2025 10:00 AM ET Company Participants Lee Ann Gliha - Executive VP & CFO Michael Biard - President & COO Perry A. Sook - Founde...
Nexstar Media Group Reports Second Quarter Net Revenue of $1.23 Billion
IRVING, Texas--(BUSINESS WIRE)--Nexstar reports second quarter Net Revenue of $1.23 billion, Adjusted EBITDA of $389 million and operational milestones at The CW and NewsNation.
Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock.
Nexstar Television Stations Help Raise Nearly $1.4 Million to Assist Victims of Flooding in Central Texas
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's television stations helped raise nearly $1.4 million to support recent Central Texas flooding recovery and relief efforts.
Nexstar Media Promotes Dan Lanzano to President, National Advertising Sales
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group promotes Dan Lanzano to President of National Advertising Sales, a newly created position.
Nexstar Media Group Refinances Credit Facilities
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (the “Company”) announced today that its wholly owned subsidiary, Nexstar Media Inc. (“Nexstar”), and Mission Broadcasting, Inc...