Nexstar Media Group, Inc. (NXST)
| Market Cap | 5.45B +3.7% |
| Revenue (ttm) | 5.11B -4.6% |
| Net Income | 146.00M -74.8% |
| EPS | 4.76 -75.8% |
| Shares Out | 30.54M |
| PE Ratio | 37.42 |
| Forward PE | 5.52 |
| Dividend | $7.44 (4.17%) |
| Ex-Dividend Date | May 15, 2026 |
| Volume | 296,828 |
| Open | 184.77 |
| Previous Close | 185.94 |
| Day's Range | 175.84 - 185.61 |
| 52-Week Range | 164.00 - 254.30 |
| Beta | 0.96 |
| Analysts | Strong Buy |
| Price Target | 251.63 (+40.95%) |
| Earnings Date | May 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]
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 $251.63, which is an increase of 40.95% from the latest price.
News
TEGNA Inc. Names Patrick Paolini as Chief Executive Officer
MCLEAN, Va.--(BUSINESS WIRE)--TEGNA Inc. appointed Patrick Paolini as the company's Chief Executive Officer, effective June 1.
Nexstar seeks expedited review of order halting Tegna merger
Nexstar Media Group asked a U.S. appeals court late on Wednesday to expedite a review of a lower-court order that has halted its merger with rival broadcaster Tegna, saying the delay has cost it...
Nexstar Media Group Transcript: J.P. Morgan 54th Annual Global Technology, Media and Communications Conference
The company is leveraging its strong local broadcast foundation to drive growth through digital advertising, network expansion, and spectrum monetization. Recent acquisitions, legal proceedings, and regulatory trends are shaping operations, while new partnerships and technology initiatives support long-term profitability and resilience.
Nexstar Names Elizabeth Ryder as Executive Vice President, General Counsel, and Secretary to the Board of Directors
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group names Elizabeth Ryder EVP, General Counsel and Secretary of the Board of Directors and announces three other executive promotions.
Nexstar Media Group to Participate in Upcoming Investor Conferences
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) today announced that executive management will participate in two upcoming institutional investor conferences: JPMorgan Technol...
Nexstar Media Group Q1 Earnings Call Highlights
Nexstar Media Group NASDAQ: NXST reported first-quarter 2026 results that included 13 days of financial contribution from its newly acquired TEGNA assets, while management also detailed the unusual po...
Nexstar reports Q1 EPS $5.09 vs. $3.37 last year
Reports Q1 revenue $1.4B, consensus $1.26B. “Next month marks the thirtieth anniversary of Nexstar’s (NXST) founding – a journey that began with a single station in Scranton, Pennsylvania. While the…
Nexstar CEO Perry Sook Says Legal Battle Over Tegna Merger Is “A Fight Worth Having”
Nexstar CEO Perry Sook began the company's first quarter earnings call Thursday with a 5-minute update on the company's efforts to fend off a legal challenge to its $6.2 billion merger with rival Tegn...
Nexstar Media Group Earnings Call Transcript: Q1 2026
Record Q1 2026 revenue and EBITDA were driven by the TEGNA acquisition and strong political ad spending, while ongoing litigation delays full integration. The CW and NewsNation showed robust growth, and capital allocation focused on debt reduction and dividends.
Nexstar Media Group Earnings release: Q1 2026
Nexstar Media Group released its Q1 2026 earnings on May 7, 2026, summarizing the period's financial results.
Nexstar Media Group Quarterly report: Q1 2026
Nexstar Media Group has published its Q1 2026 quarterly earnings report on May 7, 2026.
Nexstar Media Group Reports First Quarter Results
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar" or the "Company") today reported financial results for the first quarter ended March 31, 2026 as summarized below. P...
Massachusetts AG joins coalition challenging Nexstar-Tegna merger
Massachusetts Attorney General Andrea Joy Campbell joined a bipartisan coalition of 13 attorneys general in filing an amended complaint against Nexstar Media (NXST) and Tegna (TGNA) in the ongoing cha...
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...
More states join legal challenge to Nexstar, Tegna merger
Five more U.S. states are joining an antitrust lawsuit challenging Nexstar's acquisition of rival broadcaster Tegna after a judge temporarily blocked the deal from proceeding, California's attorney ...
Nexstar Media Group Proxy statement: Proxy filing
Nexstar Media Group filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.
Nexstar Media Group Proxy statement: Proxy filing
Nexstar Media Group filed a proxy statement on April 30, 2026, providing details for shareholder voting and corporate governance matters.
CW Network announces partnership with Roku for next-day streaming
The CW Network, 81% owned by Nexstar Media Group (NXST), and Roku (ROKU) announced a partnership launching in Fall 2026 that will bring CW entertainment programming to The Roku Channel…
CW Network, ESPN to stream more than 800 hours of events on ESPN app
The CW Network (NXST) and ESPN (DIS) are teaming up to make the ESPN App the exclusive streaming home for all CW Sports live events. All CW Sports will broadcast…
The CW Network and ESPN Team Up to Stream More Than 800 Hours of Live Events From CW Sports on the ESPN App
BURBANK, Calif.--(BUSINESS WIRE)--The CW Network and ESPN team up to make the ESPN App the exclusive streaming home for all CW Sports live events.
The CW Network Sets Partnership With the Roku Channel for Next-Day Streaming of CW Entertainment Programming
BURBANK, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--A new partnership between the CW Network and Roku will bring CW entertainment programming to The Roku Channel for next-day streaming in Fall 2026.
Nexstar Media Charitable Foundation Announces “30 Days of Giving,” $150,000 Initiative to Celebrate Company's 30th Anniversary
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that the Nexstar Media Charitable Foundation will launch “30 Days of Giving” during the month of June to mark ...
Nexstar-Tegna Deal Questions Largely Dodged By FCC Media Bureau Officials At NAB Show Panel
The $6.2 billion merger of Nexstar and Tegna, a game-changing deal poised to reshape the media business, has been on the lips of many NAB Show attendees this week. But a panel Monday afternoon with th...
Federal Court Temporarily Halts $6.2 Billion Nexstar-Tegna Merger
U.S. District Judge Troy Nunley issued a preliminary injunction on Friday, citing antitrust concerns.
Nexstar says will appeal preliminary injunction on Tegna merger
Nexstar (NXST) released a statement after a judge issued a preliminary injunction issued in connection with the company’s acquisition of Tegna, which reads: “This transaction closed more than four wee...