Nexstar Media Group, Inc. (NXST)
| Market Cap | 6.41B +8.5% |
| Revenue (ttm) | 6.81B +32.3% |
| Net Income | 345.00M -27.9% |
| EPS | 11.14 -31.4% |
| Shares Out | 30.82M |
| PE Ratio | 18.67 |
| Forward PE | 8.03 |
| Dividend | $7.44 (3.58%) |
| Ex-Dividend Date | Nov 13, 2026 |
| Volume | 348,123 |
| Open | 206.88 |
| Previous Close | 204.11 |
| Day's Range | 205.83 - 209.22 |
| 52-Week Range | 153.17 - 254.30 |
| Beta | 0.95 |
| Analysts | Strong Buy |
| Price Target | 245.38 (+18.01%) |
| Earnings Date | Nov 5, 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]
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 StatementsAnalyst Summary
According to 8 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price target is $245.38, which is an increase of 18.01% from the latest price.
News
TEGNA Promotes Sales Leaders Ryan Drake, Tony Motta and Angela New to President and General Manager Roles
MCLEAN, Va., Nov. 12, 2026 (GLOBE NEWSWIRE) -- TEGNA (NASDAQ: NXST) announced today that recognized sales leaders Ryan Drake, Tony Motta and Angela New will take on president and general manager roles...
Nexstar price target lowered to $233 from $240 at Deutsche Bank
Deutsche Bank lowered the firm’s price target on Nexstar (NXST) to $233 from $240 and keeps a Buy rating on the shares.
Nexstar price target raised to $225 from $215 at Citi
Citi raised the firm’s price target on Nexstar (NXST) to $225 from $215 and keeps a Buy rating on the shares.
Nexstar Q3 Revenue Nearly Doubles Due To Political Ad Boom; Execs Talk Tegna Appeal, CW Profit Outlook
Nexstar's third-quarter revenue nearly doubled thanks to the boom in political advertising. Total revenue reached $2.1 billion, up from $1.2 billion in the year-earlier period. For all of 2026, politi...
Nexstar Media Group Earnings Call Transcript: Q3 2026
Q3 delivered record revenue and Adjusted EBITDA, with record political advertising supporting cash generation and $1.3 billion of YTD debt repayment. Q4 non-political advertising is expected to decline amid political crowd-out.
Nexstar Media Group Earnings release: Q3 2026
Nexstar Media Group released its Q3 2026 earnings on November 5, 2026, summarizing the period's financial results.
Nexstar Media Group Quarterly report: Q3 2026
Nexstar Media Group has published its Q3 2026 quarterly earnings report on November 5, 2026.
Nexstar reports Q3 EPS $7.92 vs. $2.14 last year
Reports Q3 revenue $2.13B, consensus $2.07B. “Nexstar (NXST) delivered the highest quarterly net revenue in the Company’s history, reflecting the acquisition of TEGNA, Inc. and strong distribution and...
Nexstar Media Group Reports Record Quarterly Net Revenue of $2.1 Billion
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar" or the "Company") today reported financial results for the third quarter ended September 30, 2026 as summarized belo...
Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The divi...
Nexstar Media and Mission Broadcasting to Bring Texas State Football Championships to Fans Across the State
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group and Mission Broadcasting television stations in Texas to air University Interscholastic League (UIL) State Football Championships.
TEGNA Taps Brian Gregory to lead North Carolina Stations WCNC and WFMY
MCLEAN, Va., Oct. 28, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NASDAQ: NXST) today named trusted broadcast executive Brian Gregory president and general manager of WCNC, the company's NBC affiliate in Cha...
TEGNA Recruits Seasoned Television Executive Mellynda Hartel to Lead Florida Stations
TEGNA names Mellynda Hartel president and general manager of its three Florida stations, WTLV & WJXX (First Coast News) in Jacksonville, and WTSP in Tampa.
TEGNA and Houston Comets Announce Partnership to Broadcast Games Locally on KHOU and KTBU
MCLEAN, Va. and HOUSTON, Oct. 22, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NASDAQ: NXST) and the Houston Comets today announced a multi-year partnership, making KHOU and KTBU the local broadcast home of t...
TEGNA Appoints Tim Thomas to Lead WXIA-WATL in Atlanta and WMAZ in Macon
Thomas will be responsible for overseeing station operations across platforms and driving results for advertisers at TEGNA stations in Atlanta and Macon.
TEGNA Taps Proven Revenue Leaders for Top Sales Roles
MCLEAN, Va., Oct. 15, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NASDAQ: NXST) announced today that four proven sales executives are taking on new and expanded roles under the leadership of Mark Cornetta, s...
Tegna, Disney Entertainment Television renew ABC affiliation in 13 markets
Tegna (TGNA) (NXST) and Disney Entertainment Television (DIS) announced that they have entered into a comprehensive, multi-year deal that renews station affiliation agreements for all of Tegna’s ABC-a...
TEGNA and Disney Entertainment Television Renew ABC Affiliation Agreements in 13 Markets
TEGNA and Disney have entered into a comprehensive, multi-year deal that renews station affiliation agreements for all of TEGNA's ABC-affiliated stations.
TEGNA CEO Patrick Paolini Appoints Three Group General Managers, Rounding Out His Leadership Team
TYSONS, Va., Oct. 12, 2026 (GLOBE NEWSWIRE) -- TEGNA (NASDAQ: NXST) CEO Patrick Paolini today named seasoned media executives Joan Barrett, Kate Morris and Brad Ramsey group general managers, rounding...
Nexstar Media Group to Report 2026 Third Quarter Financial Results, Host Conference Call and Webcast on November 5
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will report 2026 third quarter financial results on November 5, 2026 and will host a conference call and webcast at 10:00 a.m. ET.
Nexstar, DAZN enter agreement for Indiana Pacers games
Nexstar (NXST) Media Group and DAZN announced a partnership that will bring 15 regular season Pacers games to fans across Central Indiana on Nexstar television stations. Each game will be…
Nexstar Media Group Transcript: Goldman Sachs Communacopia + Technology Conference 2026
Operational performance is strong, with local content and political advertising driving growth and debt reduction. Regulatory changes are expected to enable further consolidation and expansion, while digital and sports initiatives are boosting revenue. Spectrum ventures and accretive M&A remain key long-term priorities.
Nexstar Media Group Transcript: Bank of America 2026 Media,Communications & Entertainment Conference
Management outlined a strategy focused on local media with national scale, leveraging the TEGNA acquisition for operational synergies and expanded reach. Advertising is shifting toward digital and CTV, while sports and NewsNation drive audience and revenue growth. Deleveraging and spectrum monetization are key future priorities.
Nexstar Media Group Transcript: Citi’s 2026 Global TMT Conference
Management highlighted a sales-driven, profit-focused culture, ongoing M&A for scale, and innovative content and distribution strategies. Legal updates include a key Tegna litigation appeal set for November, with potential industry-wide M&A implications. Spectrum initiatives and digital partnerships are expanding revenue opportunities.
Nexstar Media Group to Participate in Upcoming Investor Conferences
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group executive management to participate in four upcoming investor conferences hosted by Citi, BofA, Goldman Sachs and Deutsche Bank.