Nexstar Media Group, Inc. (NXST)

NASDAQ: NXST · Real-Time Price · USD
190.65
+1.35 (0.71%)
Nov 7, 2025, 4:00 PM EST - Market closed
0.71%
Market Cap5.78B
Revenue (ttm)5.15B
Net Income (ttm)501.00M
Shares Out 30.33M
EPS (ttm)16.23
PE Ratio11.75
Forward PE10.17
Dividend$7.44 (3.90%)
Ex-Dividend DateNov 12, 2025
Volume393,304
Open188.25
Previous Close189.30
Day's Range185.66 - 191.98
52-Week Range141.66 - 223.36
Beta0.83
AnalystsStrong Buy
Price Target221.43 (+16.15%)
Earnings DateNov 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]

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

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 Statements

Analyst 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 16.15% from the latest price.

Price Target
$221.43
(16.15% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nexstar CEO Perry Sook Confident In Tegna Deal's On-Time Close; Stock Slides After Soft Q3 Report

Nexstar Media Group founder and CEO Perry Sook says the local TV giant is “making good progress” toward closing its proposed acquisition of rival Tegna on schedule by the second half of 2026. The $6.

Other symbols: TGNA
2 days ago - Deadline

Nexstar Media Group, Inc. (NXST) Q3 2025 Earnings Call Transcript

Nexstar Media Group, Inc. ( NXST) Q3 2025 Earnings Call November 6, 2025 10:00 AM EST Company Participants Perry Sook - Founder, Chairman & CEO Michael Biard - President & COO Lee Gliha - Executive V...

2 days ago - Seeking Alpha

Nexstar Media Group Reports Third Quarter Net Revenue of $1.20 Billion

IRVING, Texas--(BUSINESS WIRE)--Nexstar reports third quarter Net Revenue of $1.2 billion, Adjusted EBITDA of $358 million and continued growth at The CW and NewsNation.

2 days ago - Business Wire

Nexstar Media Group to Participate in Three Upcoming Investor Conferences

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will participate in the Wells Fargo TMT Summit, BofA LevFin Conference and UBS Global Media and Communications Conference.

3 days ago - Business Wire

Tegna gets US Justice Department request for more information on Nexstar deal

The U.S. Department of Justice has sought additional information and documents as it reviews broadcaster Nexstar Media's $3.54 billion bid to buy smaller rival Tegna , a deal that would create a local...

Other symbols: TGNA
8 days ago - Reuters

Nexstar Media Group Extends Employment Agreement of Chairman and Chief Executive Officer, Perry A. Sook, Through March 2029

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's Board of Directors extended the employment agreement of Chairman and CEO, Perry A. Sook, through March 31, 2029.

9 days ago - Business Wire

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.

10 days ago - Business Wire

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 CITY & 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 ...

Other symbols: TGNA
16 days ago - Business Wire

Wall Street's Most Accurate Analysts Give Their Take On 3 Materials Stocks Delivering High-Dividend Yields

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...

Other symbols: IRDMOMC
4 weeks ago - Benzinga

Xsolla and Nexstar Media's NewsNation Launch Gaming Vodcast Series

LOS ANGELES & IRVING, Texas--(BUSINESS WIRE)--Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their products, today announced a landmark content partnersh...

5 weeks ago - Business Wire

Nexstar Media Group to Report 2025 Third Quarter Financial Results, Host Conference Call and Webcast on November 6

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2025 third quarter financial results on Thursday, November 6, 2025. The Company will ho...

5 weeks ago - Business Wire

Xsolla and Nexstar Media Partner to Launch Gaming Vodcast Series Delivering All the Things to Enjoy the Game

LOS ANGELES & IRVING, Texas--(BUSINESS WIRE)--Xsolla, a global video game commerce company that helps developers launch, grow, and monetize their games, today announced a landmark content partnership ...

5 weeks ago - Business Wire

PBA AND THE CW NETWORK ANNOUNCE 2026 TOUR SCHEDULE

Championship Sundays on The CW bring the PBA to a New Audience with Four Majors and 10 Broadcasts RICHMOND, Va. , Oct. 1, 2025 /PRNewswire/ -- The Professional Bowlers Association (PBA) and The CW Net...

5 weeks ago - PRNewsWire

ABC's Kimmel Dispute: No Laughing Matter For Nexstar Tegna Merger

The decision by the American Broadcasting Company (“ABC”) and its parent entity, the Walt Disney Company (“Disney”) to suspend production of Emmy-winning late-night talk show “Jimmy Kimmel Live!” caus...

Other symbols: TGNA
5 weeks ago - Forbes

“Jimmy Kimmel Live!” to Return to Nexstar's ABC Affiliated Television Stations

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that “Jimmy Kimmel Live!” will return to the company's owned and partner television stations affiliated with t...

6 weeks ago - Business Wire

Jimmy Kimmel Is Back On Nexstar ABC Stations, Ending Affiliate Boycott

Nexstar Media Group will restore Jimmy Kimmel Live! to its 24 ABC affiliates beginning tonight, ending a preemption of the show over a joke by the host about slain conservative activist Charlie Kirk. ...

6 weeks ago - Deadline

Sinclair ends boycott of Jimmy Kimmel show, putting pressure on Nexstar to bring program back

Local-television giant Sinclair Inc. said Friday that it was ending its boycott of late-night host Jimmy Kimmel's program on the company's ABC affiliates, leaving Nexstar Media Group Inc. as the last ...

Other symbols: SBGI
6 weeks ago - Market Watch

Nexstar facing opposition from conservatives over $6.2B merger despite sidelining Jimmy Kimmel

"I don't think Trump's regulators will approve this no matter how long Nexstar suspends Kimmel," said one media insider who is close to the White House.

6 weeks ago - New York Post

Nexstar doubles down on ‘Jimmy Kimmel Live!' blackout after host's tearful non-apology

Nexstar Media Group will continue to preempt “Jimmy Kimmel Live!” on its ABC stations, extending a blackout that began last week, the company said.

6 weeks ago - New York Post

Nexstar evaluating status of 'Jimmy Kimmel Live' for ABC stations after late night show's return

Nexstar Media Group said Wednesday it is continuing to evaluate whether it will bring "Jimmy Kimmel Live!" back to its ABC-affiliate stations, a day after the late night show returned to the Disney-ow...

Other symbols: DIS
6 weeks ago - CNBC

Nexstar says it's 'engaged in productive discussions' with Disney but won't show Jimmy Kimmel yet

Nexstar Media Group said it will continue not to air "Jimmy Kimmel Live!" on its stations.

Other symbols: DIS
6 weeks ago - Business Insider

One-Third Of ABC Stations Won't Air ‘Jimmy Kimmel Live!'—Nexstar Joins Sinclair In Boycott

Nexstar, which owns dozens of ABC stations, said it will not air “Jimmy Kimmel Live!” when the late-night show returns to the network Tuesday, joining Sinclair Broadcast Group in boycotting the show a...

Other symbols: SBGI
6 weeks ago - Forbes

Nexstar, Sinclair will not resume airing 'Jimmy Kimmel Live' broadcasts

Nexstar Media said on Tuesday it will not resume airing “Jimmy Kimmel Live!” on its ABC affiliates and will instead run other programming, after ABC parent Walt Disney announced on Monday that it will...

Other symbols: SBGI
6 weeks ago - Reuters

Nexstar ABC Affiliates to Continue Preempting “Jimmy Kimmel Live!”

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that the company's owned and partner television stations affiliated with the ABC Television Network will conti...

6 weeks ago - Business Wire

Nexstar-owned ABC affiliates won't show Kimmel's return Tuesday, joining Sinclair in preempting program

Nexstar Media Group said it would join Sinclair's ABC affiliate stations in preempting the return of "Jimmy Kimmel Live!" on Tuesday.

Other symbols: SBGI
6 weeks ago - CNBC