Nexstar Media Group, Inc. (NXST)

NASDAQ: NXST · Real-Time Price · USD
164.31
+8.42 (5.40%)
May 8, 2025, 4:00 PM - Market closed
5.40%
Market Cap 4.96B
Revenue (ttm) 5.36B
Net Income (ttm) 635.00M
Shares Out 30.19M
EPS (ttm) 19.70
PE Ratio 8.34
Forward PE 11.33
Dividend $7.44 (4.53%)
Ex-Dividend Date May 19, 2025
Volume 911,137
Open 160.00
Previous Close 155.89
Day's Range 160.00 - 171.45
52-Week Range 141.66 - 191.86
Beta 1.04
Analysts Strong Buy
Price Target 205.71 (+25.2%)
Earnings Date May 8, 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 Forecast

According to 7 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price forecast is $205.71, which is an increase of 25.20% from the latest price.

Price Target
$205.71
(25.20% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nexstar Media Group, Inc. (NXST) Q1 2025 Earnings Call Transcript

Nexstar Media Group, Inc. (NASDAQ:NXST) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Perry Sook - Founder, Chairman & Chief Executive...

15 hours ago - Seeking Alpha

Nexstar Media Group Reports First Quarter Net Revenue of $1.23 Billion

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group reports first quarter 2025 revenue of $1.23 billion, including record first quarter distribution revenue.

23 hours ago - Business Wire

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...

3 days ago - Business Wire

Nexstar Media Group to Participate in Upcoming Investor Conferences

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will participate in the JPMorgan Technology, Media & Communications Conference and Gabelli 2025 Media & Entertainment Symposium.

7 days ago - Business Wire

LIFELINES OF HOPE: A SPECIAL CELEBRATING ACTS OF BRAVERY AND COMMUNITY SPIRIT, PRODUCED BY ASSOCIATED TELEVISION INTERNATIONAL

An Uplifting Hour-Long Special Highlights Heroic Acts and the Power of Unity in the Face of Adversity LOS ANGELES , April 22, 2025 /PRNewswire/ -- Lifelines of Hope is an uplifting hour-long special t...

16 days ago - PRNewsWire

Tired Of Tariffs? Invest In American Or European Broadcasting

American and European broadcasters hardly experience any direct impact from trade tariffs through the nature of their business. European broadcasters are in the region where stock performance has been...

4 weeks ago - Seeking Alpha

Nexstar Media Group to Report 2025 First Quarter Financial Results, Host Conference Call and Webcast on May 8

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2025 first quarter financial results on Thursday, May 8, 2025. The Company will host a ...

5 weeks ago - Business Wire

If you love dividend stocks, check out these 11 companies with room to boost their hefty payouts

If you want to generate income from your investment portfolio, you can easily spread your risk across a large group of stocks through mutual funds or exchange-traded funds, some of which in turn pay d...

Other symbols: AEOAPACABOCRGYKSSLNCM
6 weeks ago - Market Watch

Nexstar Media: Incremental Negative Developments Tilt The Risk-Reward Into Neutral Territory (Rating Downgrade)

Nexstar Media: Incremental Negative Developments Tilt The Risk-Reward Into Neutral Territory (Rating Downgrade)

2 months ago - Seeking Alpha

Nexstar Media Group, Inc. (NXST) Q4 2024 Earnings Call Transcript

Nexstar Media Group, Inc. (NASDAQ:NXST) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Joe Jaffoni – Investor Relations Perry Sook – Founder, Chairman and Chief E...

2 months ago - Seeking Alpha

Nexstar Media Group Reports Record Fourth Quarter Net Revenue of $1.49 Billion

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group reports record Q4 and annual net revenue of $1.49 and $5.41 billion, respectively. Returns $820 million to shareholders in 2024.

2 months ago - Business Wire

Nexstar Media: Strong Dividend Growth From An Underappreciated TV Business

Nexstar Media: Strong Dividend Growth From An Underappreciated TV Business

2 months ago - Seeking Alpha

Nexstar Media Q4 Preview: A Good End To 2024

Nexstar Media Q4 Preview: A Good End To 2024

2 months ago - Seeking Alpha

Nexstar Media Names Samantha Osborne Reynolds as Vice President of Political Sales

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group names Samantha Osborne Reynolds VP of Political Sales. She will oversee the company's new national political sales division.

2 months ago - Business Wire

Final Trades: Toast, Nexstar Media Group, Salesforce and Intuitive Surgical

The Investment Committee give you their top stocks to watch for the second half.

Other symbols: CRMISRGTOST
2 months ago - CNBC Television

Nexstar Names Ric Harris as Vice President and General Manager of Its Broadcast and Digital Operations in Chicago, Illinois

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Ric Harris as Vice President and General Manager of its broadcast and digital operations in...

3 months ago - Business Wire

23 Upcoming Dividend Increases, Including 2 Kings

Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indica...

3 months ago - Seeking Alpha

Nexstar Media Group Raises Quarterly Cash Dividend by 10% to $1.86 Per Share

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 10% increase to its quarterly cash dividend to $1.86 per share beginning...

3 months ago - Business Wire

Nexstar & Optimum Reach Carriage Agreement After Standoff

After multiple stations went dark last week, Nexstar has reached a carriage agreement with Altice USA. The partnership agreement was announced Saturday, and although the terms were not released, progr...

3 months ago - Deadline

Nexstar and Optimum Partner and Reach Agreement Returning Nexstar Content to Optimum Customers Immediately

IRVING, Texas & NEW YORK--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) and Altice USA (NYSE: ATUS) today announced that they have reached a comprehensive partnership agreement and all Nex...

Other symbols: ATUS
3 months ago - Business Wire

Nexstar Media Group to Report 2024 Fourth Quarter Financial Results, Host Conference Call and Webcast on February 27

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2024 fourth quarter financial results on Thursday, February 27, 2025. The Company will ...

4 months ago - Business Wire

NewsNation Announces New Additions to Primetime Line-Up

CHICAGO--(BUSINESS WIRE)--NewsNation today announced new additions to its primetime programming line-up, with On Balance hosted by anchor/reporter Leland Vittert taking over the 9 pm ET hour, and Eliz...

4 months ago - Business Wire

Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom 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: OMCVZ
4 months ago - Benzinga

While Nexstar Continues to Dodge FCC Rules, Optimum Focuses on Customer Choice and Value

NEW YORK--(BUSINESS WIRE)--Optimum calls on Nexstar, the owner of multiple broadcast stations across the country, to put its viewers first and stop driving up TV prices for consumers. While Nexstar co...

4 months ago - Business Wire

Viewers Deprived of Critical News, Severe Weather Alerts, and the NFL Playoffs, as Altice USA Drops 63 Nexstar Television Stations From Optimum Platform

IRVING, Texas--(BUSINESS WIRE)--Altice USA drops the network and local programming provided by Nexstar Media Group television stations from Optimum, impacting millions of viewers.

4 months ago - Business Wire