Nexstar Media Group, Inc. (NXST)

NASDAQ: NXST · Real-Time Price · USD
191.04
+4.34 (2.32%)
Nov 25, 2025, 4:00 PM EST - Market closed
2.32%
Market Cap5.79B
Revenue (ttm)5.15B
Net Income (ttm)501.00M
Shares Out 30.33M
EPS (ttm)16.23
PE Ratio11.77
Forward PE10.04
Dividend$7.44 (3.89%)
Ex-Dividend DateNov 12, 2025
Volume357,030
Open186.70
Previous Close186.70
Day's Range184.88 - 191.75
52-Week Range141.66 - 223.36
Beta0.83
AnalystsStrong Buy
Price Target219.25 (+14.77%)
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 8 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price target is $219.25, which is an increase of 14.77% from the latest price.

Price Target
$219.25
(14.77% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Trump pours cold water on proposed FCC rule change that would allow Nexstar and Sinclair acquisitions

Nexstar and Sinclair's stocks fell after President Trump went against his FCC head, saying that removing a cap on TV-station ownership would hurt Republicans.

Other symbols: SBGI
1 day ago - Market Watch

Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 3% 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
2 days ago - Benzinga

'EXISTENTIAL THREAT': Nexstar CEO fights to protect truth from Big Tech control

Nexstar Media Group Chairman and CEO Perry A. Sook joins 'Mornings with Maria' to discuss the company's $6 billion merger filing, ongoing DOJ and FCC reviews and how Trump-era deregulation opened the ...

4 days ago - Fox Business

Here's why Nexstar's CEO thinks the FCC should change the rules to allow a merger with Tegna

FCC Chairman Brendan Carr has long advocated for changes to rules that limit the number of stations a local television company can own, but opponents say that's something only Congress can address.

Other symbols: TGNA
6 days ago - Market Watch

Nexstar Media Group, Inc. (NXST) Presents at Wells Fargo's 9th Annual TMT Summit Transcript

Nexstar Media Group, Inc. ( NXST) Wells Fargo's 9th Annual TMT Summit November 18, 2025 3:45 PM EST Company Participants Perry Sook - Founder, Chairman & CEO Lee Gliha - Executive VP & CFO Conference...

7 days ago - Seeking Alpha

Nexstar Seeks Approval of TEGNA Acquisition From Federal Communications Commission

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that in connection with its pending acquisition of TEGNA Inc. (NYSE: TGNA), the companies have filed applicati...

Other symbols: TGNA
7 days ago - Business Wire

Nexstar CEO Says Bigger Is Better in Pitch to FCC

Perry Sook says broadcasters need to grow to better compete with tech companies.

7 days ago - WSJ

Nexstar Media: Market Not Appreciating Its Durability (Upgrade)

Nexstar Media: Market Not Appreciating Its Durability (Upgrade)

11 days ago - Seeking Alpha

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
19 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...

19 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.

20 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.

20 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
25 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.

27 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.

4 weeks 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
4 weeks 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
6 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...

7 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...

7 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 ...

7 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...

7 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
2 months 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...

2 months 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. ...

2 months 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
2 months ago - Market Watch