Nexstar Media Group, Inc. (NXST)
| Market Cap | 4.99B -18.5% |
| Revenue (ttm) | 5.88B +10.5% |
| Net Income | 166.00M -70.3% |
| EPS | 5.34 -72.4% |
| Shares Out | 30.81M |
| PE Ratio | 30.34 |
| Forward PE | 5.24 |
| Dividend | $7.44 (4.59%) |
| Ex-Dividend Date | Aug 14, 2026 |
| Volume | 287,282 |
| Open | 161.19 |
| Previous Close | 161.53 |
| Day's Range | 159.33 - 162.33 |
| 52-Week Range | 154.47 - 254.30 |
| Beta | 0.89 |
| Analysts | Strong Buy |
| Price Target | 246.75 (+52.22%) |
| Est. Earnings | 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 $246.75, which is an increase of 52.22% from the latest price.
News
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.
Nexstar price target lowered to $215 from $220 at Citi
Citi lowered the firm’s price target on Nexstar (NXST) to $215 from $220 and keeps a Buy rating on the shares.
TEGNA Stations Receive Four National Edward R. Murrow Awards
MCLEAN, Va., Aug. 14, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NASDAQ: NXST) today announced its stations have won four 2026 National Edward R.
Nexstar's Local TV Stations Receive Two National Edward R. Murrow Awards for Outstanding Journalism and Exceptionally Produced Content
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group local stations, KXAN-TV and WHO 13, earned national Edward R. Murrow Awards from the Radio Television Digital News Association.
Nexstar price target lowered to $240 from $255 at Deutsche Bank
Deutsche Bank analyst Benjamin Soff lowered the firm’s price target on Nexstar (NXST) to $240 from $255 and keeps a Buy rating on the shares.
Nexstar CEO Says Tegna Suit Settlement Is Possible, But Says Company Faces No Paramount-Style Ticking-Fee Pressure
Nexstar CEO Perry Sook says a settlement of an antitrust lawsuit against its merger with Tegna is possible, but he notes the company faces less pressure than companies like Paramount facing legal oppo...
Nexstar Media Group Earnings Call Transcript: Q2 2026
Record Q2 2026 results driven by TEGNA acquisition, strong political and sports advertising, and operational efficiencies. Debt reduction and dividend returns prioritized, with robust political ad outlook and CW profitability expected in Q4.
Nexstar Media Group Earnings release: Q2 2026
Nexstar Media Group released its Q2 2026 earnings on August 6, 2026, summarizing the period's financial results.
Nexstar Media Group Quarterly report: Q2 2026
Nexstar Media Group has published its Q2 2026 quarterly earnings report on August 6, 2026.
Nexstar reports Q2 EPS $3.61 vs $3.06 last year
Reports Q2 revenue $1.993B, consensus $1.98B. “In a record second quarter, Nexstar (NXST) generated all-time high quarterly revenue driven by our acquisition of TEGNA Inc., strong political advertisin...
Nexstar Media Group Reports Record Quarterly Net Revenue of $2.0 Billion
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar" or the "Company") today reported financial results for the second quarter ended June 30, 2026 as summarized below. P...
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 Announces Completion of ATSC 3.0 Transition in Cleveland, Marking Upgrade in Final Major U.S. Market
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the successful launch of ATSC 3.0 (NextGen TV) in the Cleveland, Ohio, television market, with the next-genera...
Nexstar to Launch Daily Primetime Local Newscasts on Stations in Dallas and Phoenix
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NXST: NASDAQ), today announced that it will launch primetime newscasts Monday through Sunday in Dallas and Phoenix in mid-August, bringing lo...
Nexstar tells Bloomberg FCC review ‘welcome and long-overdue step’
Nexstar (NXST) released a statement to Bloomberg regarding the FCC’s decision to review the national television ownership standards, calling it a “welcome and long-overdue step toward bringing broadca...
FCC to repeal TV audience cap in win for Nexstar, Bloomberg says
09:37 EDT FCC to repeal TV audience cap in win for Nexstar (NXST), Bloomberg says
Scott Gill Appointed Vice President of Technology and Operations at TEGNA
MCLEAN, Va., July 13, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NASDAQ: NXST) today announced that Scott Gill has been named vice president of technology and operations.
The Hill Launches “The Hill Insider,” a New Premium Digital Subscription Service
WASHINGTON--(BUSINESS WIRE)--The Hill, the nation's leading digital-first political news brand, today announced the launch of “The Hill Insider,” a new premium digital subscription service offering re...
Nexstar Media Group to Report 2026 Second Quarter Financial Results, Host Conference Call and Webcast on August 6
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2026 second quarter financial results on Thursday, August 6, 2026. The Company will hos...
TEGNA Celebrates Hometown Heroes with America's 250: Red, White & YOU
Year-long local journalism initiative culminates with one-hour national special beginning June 29 MCLEAN, Va., June 25, 2026 (GLOBE NEWSWIRE) -- As America marks its historic 250th birthday, TEGNA Inc...
Nexstar Media Group Shareholders Approve All Proposals at 2026 Annual Shareholder Meeting
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) announced that at its 2026 Annual Shareholders' Meeting shareholders voted to: Elect all nominees ...
Locked On Podcast Network Approaches One Billion Listens, Views and Social Engagements
MCLEAN, Va., June 16, 2026 (GLOBE NEWSWIRE) -- TEGNA Inc. (NASDAQ: NXST) announced today that the Locked On Podcast Network is on track to reach one billion listens, views and social engagements by t...