Nexstar Media Group, Inc. (NXST)

NASDAQ: NXST · Real-Time Price · USD
180.83
-4.35 (-2.35%)
At close: Mar 31, 2026, 4:00 PM EDT
180.96
+0.13 (0.07%)
After-hours: Mar 31, 2026, 7:37 PM EDT
Market Cap5.48B +3.3%
Revenue (ttm)4.95B -8.5%
Net Income92.00M -84.9%
EPS3.00 -86.0%
Shares Out 30.33M
PE Ratio60.28
Forward PE7.30
Dividend$7.44 (4.02%)
Ex-Dividend DateFeb 13, 2026
Volume746,058
Open185.87
Previous Close185.18
Day's Range174.93 - 188.06
52-Week Range141.66 - 254.30
Beta0.79
AnalystsStrong Buy
Price Target270.29 (+49.47%)
Earnings DateMay 7, 2026

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]

Industry Broadcasting
IPO Date Nov 24, 2003
Employees 13,005
Stock Exchange NASDAQ
Ticker Symbol NXST
Full Company Profile

Financial Performance

In 2025, Nexstar Media Group's revenue was $4.95 billion, a decrease of -8.47% compared to the previous year's $5.41 billion. Earnings were $92.00 million, a decrease of -86.89%.

Financial Statements

Analyst Summary

According to 7 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price target is $270.29, which is an increase of 49.47% from the latest price.

Price Target
$270.29
(49.47% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nexstar Tells Judge Aspects Of Tegna Merger “Cannot Be Reversed”

Nexstar weighed in for the first time on a judge's order that halted its merger with Tegna, warning the court that it will have difficulty fully complying because certain aspects of the closed transac...

Other symbols: TGNA
8 hours ago - Deadline

Top 3 Tech And Telecom Stocks You'll Regret Missing In March

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: BIDUFUBO
19 hours ago - Benzinga

US Senators probe FCC chief over Nexstar-Tegna deal, Bloomberg News reports

U.S. Senators ​Ted Cruz ‌and Maria Cantwell ​questioned ​the Federal Communications ⁠Commission ​Chair Brendan ​Carr, criticizing his approval ​of ​Nexstar's merger with ‌Tegna , ⁠Bloomberg News repor...

Other symbols: TGNA
1 day ago - Reuters

Nexstar Stock Drops Sharply After Judge Puts Brakes On Tegna Merger

Nexstar stock fell 11% as Monday's trading day neared its end, reflecting investor angst over a federal judge's decision temporarily blocking the company's merger with Tegna. The drop is a stunner for...

Other symbols: TGNA
1 day ago - Deadline

Judge Grants Temporary Restraining Order, Putting A Pause On Nexstar-Tegna Merger

A federal judge on Friday evening granted a temporary restraining order to halt Nexstar's merger with Tegna, a transaction that creates a broadcasting giant with almost 270 stations across the country...

Other symbols: TGNA
4 days ago - Deadline

US judge orders Nexstar to hold Tegna separate pending review

A U.S. judge late Friday ordered ​Nexstar to temporarily keep ‌Tegna's assets separate pending a review of whether the ​broadcast station owner's $3.54 billion ​acquisition of its rival ⁠Tegna violate...

Other symbols: TGNA
4 days ago - Reuters

FCC Chairman Brendan Carr And Gavin Newsom Clash Over Nexstar-Tegna Merger, Censorship And Jimmy Kimmel

The Nexstar-Tegna merger is being challenged in the courts on a number of fronts, but in the meantime it's the source of a political clash between California Governor Gavin Newsom and FCC Chairman Bre...

Other symbols: TGNA
5 days ago - Deadline

Nexstar Media Inc. Announces Early Settlement Date for the Previously Announced Tender Offer and Consent Solicitation for Any and All of TEGNA Inc.'s 5.000% Senior Notes Due 2029

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Inc. (the “Offeror”), a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar Media Group”), announced today that there will be an...

8 days ago - Business Wire

Nexstar Media Group Announces Pricing of $3,390 Million Senior Secured Notes Due 2033 and $1,725 Million Senior Notes Due 2034

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) announced today that Nexstar Media Inc. (“Nexstar Media”), its wholly-owned subsidiary, has priced...

8 days ago - Business Wire

Newsmax, DirecTV And Broadband Groups Appeal FCC's Approval Of Nexstar-Tegna Merger, Call Out Trump's Directive To “Get That Deal Done!”

As state attorneys seek to stop Nexstar's merger with Tegna, a new group is appealing the FCC's greenlight to the massive broadcast merger, calling out Donald Trump's “unprecedented presidential direc...

Other symbols: NMAXTGNA
8 days ago - Deadline

Eight US states ask judge to temporarily stop $3.5bn Nexstar and Tegna merger

States argue deal would create largest broadcast station group in US, cut jobs and increase consumers' cable bills

Other symbols: TGNA
10 days ago - The Guardian

Eight States Seek Restraining Order to Stop $6.2 Billion Nexstar-Tegna Combination

The states have previously argued the deal would result in too much concentration in some local TV markets.

Other symbols: TGNA
11 days ago - WSJ

Nexstar-Tegna Merger Cheered By Wall Street And Local TV Rivals: Are More Mega-Deals On The Way?

Wall Street is upbeat about the impact of Nexstar's $6.2 billion acquisition of local TV rival Tegna, mainly because it could trigger another wave of consolidation. That's also the prevailing view acr...

Other symbols: TGNA
11 days ago - Deadline

California And Other States Seek Emergency Order To Stop Nexstar-Tegna Merger

A day after Nexstar said that it had closed its deal to buy Tegna, creating a broadcasting giant, California and seven other states filed an emergency motion to stop it. The motion for a temporary res...

Other symbols: TGNA
11 days ago - Deadline

Eight states ask US judge to temporarily block Nexstar, Tegna merger

Eight states asked a U.S. judge on ​Friday to issue a ‌temporary restraining order to stop the $3.5 billion merger of ​Nexstar Media Group ​and Tegna.

Other symbols: TGNA
11 days ago - Reuters

Nexstar, Tegna merger closes after winning regulatory approval

Broadcast station groups Nexstar and Tegna are merging after the companies received FCC and DOJ approval to close the deal late Thursday. Nexstar announced its proposed $6.2 billion acquisition of Teg...

Other symbols: TGNA
11 days ago - CNBC

Nexstar Media Group Announces Offering of $3,390 Million Senior Secured Notes Due 2033 and $1,725 Million Senior Notes Due 2034

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Inc. announces offering of $3,390 million of new senior secured notes due 2033 and $1,725 million of new senior notes due 2034.

11 days ago - Business Wire

FCC approves combination of Nexstar and Tegna TV stations

The Federal Communications Commission said on ​Thursday it has approved the sale ‌of some local broadcast TV stations from Tegna to Nexstar.

Other symbols: TGNA
12 days ago - Reuters

FCC Gives Greenlight To Nexstar-Tegna Merger Amid Challenge From California And Other States

The FCC has approved Nexstar's merger with Tegna, less than a day after California and other state attorneys general filed suit to block the transaction. The merger, which will create a broadcast stat...

Other symbols: TGNA
12 days ago - Deadline

Nexstar Media Group, Inc., Closes Acquisition of TEGNA Inc.

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it has closed its acquisition of TEGNA Inc. following approval of the transaction from the Federal Commun...

12 days ago - Business Wire

Nexstar's $3.5 billion Tegna deal cleared by US DOJ, Bloomberg News reports

The U.S. Department of Justice has unconditionally cleared Nexstar's $3.5 billion deal to acquire rival ​Tegna , Bloomberg News reported on Thursday, citing ‌people familiar with the matter.

Other symbols: TGNA
12 days ago - Reuters

The TV megamerger that knocked Jimmy Kimmel off the air is illegal, state officials say

Eight state attorneys general have filed an antitrust suit against the $6.2 billion Nexstar-Tegna merger, which the Trump administration backed after Nexstar moved to suspend Kimmel's show.

Other symbols: TGNA
12 days ago - Market Watch

Nexstar-Tegna Merger Faces Another Antitrust Lawsuit As DirecTV Sues To Block Transaction

Less than a day after a group of states sued to block Nexstar's proposed acquisition of Tegna, creating a broadcasting giant, DirecTV has filed an antitrust claim to stave off the transaction.

Other symbols: TGNA
12 days ago - Deadline

Eight states sue to block Nexstar's plan to acquire rival Tegna

A group of eight states filed suit late ​Wednesday in U.S. District Court ‌in California to block Nexstar's proposed $3.54 billion acquisition of Tegna ​that would make the ​combined entity the larges...

Other symbols: TGNA
13 days ago - Reuters

Nexstar Media Group, Inc. (NXST) Presents at Deutsche Bank 34th Annual Media, Internet & Telecom Conference Transcript

Nexstar Media Group, Inc. (NXST) Presents at Deutsche Bank 34th Annual Media, Internet & Telecom Conference Transcript

22 days ago - Seeking Alpha