Nexstar Media Group, Inc. (NXST)
| Market Cap | 7.08B +48.2% |
| Revenue (ttm) | 5.15B -1.5% |
| Net Income | 501.00M -13.0% |
| EPS | 16.23 -6.0% |
| Shares Out | 30.33M |
| PE Ratio | 14.38 |
| Forward PE | 12.15 |
| Dividend | $7.44 (3.19%) |
| Ex-Dividend Date | Feb 13, 2026 |
| Volume | 266,857 |
| Open | 235.62 |
| Previous Close | 238.07 |
| Day's Range | 232.60 - 239.34 |
| 52-Week Range | 141.66 - 254.30 |
| Beta | 0.81 |
| Analysts | Strong Buy |
| Price Target | 220.33 (-5.58%) |
| Earnings Date | Feb 26, 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 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 StatementsAnalyst Summary
According to 9 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price target is $220.33, which is a decrease of -5.58% from the latest price.
News
Federal Communications Commission chair backs Nexstar, Tegna merger
The chair of the Federal Communications Commission said Wednesday he supports Nexstar's proposed $3.54 billion acquisition of Tegna that would make the combined entity the largest U.S. regional TV sta...
Nexstar Media Group to Participate in Upcoming Investor Conferences
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group to participate in the 2026 Morgan Stanley TMT Conference and the Deutsche Bank Media, Internet and Telecom Conference in March.
Nexstar, Tegna shares soar after Trump puts his thumb on the scale in contentious merger
A significant FCC rule change is needed for the deal to go through, and opponents say that requires an act of Congress. Trump initially opposed the deal but now says he is for it.
Opinion | Trump Sees the Light on Nexstar-Tegna
He now supports the merger, which would add to media competition.
Donald Trump Endorses Nexstar-Tegna Merger, And FCC Chair Responds: “Let's Get It Done”
Donald Trump gave his endorsement to Nexstar's proposed merger with Tegna, a transaction that would create a broadcast giant reaching 80% of TV households. On Truth Social, Trump wrote, “We need more ...
In reversal, Trump backs Nexstar's proposed acquisition of Tegna
President Donald Trump expressed support for Nexstar's offer to buy Tegna, which would significantly expand the network's reach. "Letting Good Deals get done like Nexstar - Tegna will help knock out t...
Trump backs Nexstar-Tegna merger, says big TV networks need more competition
"We need more competition against THE ENEMY, the Fake News National TV Networks," Trump wrote. "GET THAT DEAL DONE!
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 Media Group to Report 2025 Fourth Quarter Financial Results, Host Conference Call and Webcast on February 26
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will report 2025 fourth quarter financial results on February 26, and host conference call and webcast at 10:00 a.m. ET.
Nexstar Media Group, Inc. (NXST) Presents at UBS Global Media and Communications Conference 2025 Transcript
Nexstar Media Group, Inc. (NXST) Presents at UBS Global Media and Communications Conference 2025 Transcript
Broadcast station owners want to consolidate. They're struggling to get deals to the finish line
There's a frenzy of merger and acquisition activity in the media industry as cord-cutting has upended the economics. Broadcast station owners like Nexstar and Sinclair want in on the action.
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.
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...
'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 ...
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.
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...
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...
Nexstar CEO Says Bigger Is Better in Pitch to FCC
Perry Sook says broadcasters need to grow to better compete with tech companies.
Nexstar Media: Market Not Appreciating Its Durability (Upgrade)
Nexstar Media: Market Not Appreciating Its Durability (Upgrade)
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.
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...
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.
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.
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...
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.