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Nexstar Media Group, Inc. (NXST)

Stock Price: $88.71 USD 1.06 (1.21%)
Updated Aug 3, 2020 4:00 PM EDT - Market closed
After-hours: $88.50 -0.21 (-0.24%) Aug 3, 7:03 PM

Stock Price Chart

Key Info

Market Cap 4.02B
Revenue (ttm) 3.50B
Net Income (ttm) 332.28M
Shares Out 45.26M
EPS (ttm) 6.94
PE Ratio 12.78
Forward PE 10.19
Dividend $2.24
Dividend Yield 2.53%

Stock Quote

Trading Day Aug 3, 2020
Last Price $88.71
Previous Close $87.65
Change ($) 1.06
Change (%) 1.21%
Day's Open 88.77
Day's Range 87.53 - 89.91
Day's Volume 231,184
52-Week Range 43.37 - 133.25

More Stats

Market Cap 4.02B
Enterprise Value 11.61B
Earnings Date (est) Aug 5, 2020
Ex-Dividend Date May 14, 2020
Shares Outstanding 45.26M
Float 43.58M
EPS (basic) 7.25
EPS (diluted) 6.94
FCF / Share 10.57
Dividend $2.24
Dividend Yield 2.53%
Earnings Yield 7.82%
FCF Yield 12.03%
Payout Ratio 26.30%
Shares Short 3.12M
Short Ratio 7.19
Short % of Float 6.95%
Beta 1.87
PE Ratio 12.78
Forward PE 10.19
P/FCF Ratio 8.31
PS Ratio 1.15
PB Ratio 1.90
Revenue 3.50B
Operating Income 736.98M
Net Income 332.28M
Free Cash Flow 483.22M
Net Cash -7.60B
Net Cash / Share -167.82
Gross Margin 48.68%
Operating Margin 21.03%
Profit Margin 9.50%
FCF Margin 13.79%
ROA 5.28%
ROE 16.79%
ROIC 8.60%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (8)

Buy 7
Overweight 1
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$114.86*
(29.48% upside)
Low
88.0
Current: $88.71
High
125.0
Target: 114.86
*Average 12-month price target from 7 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue3,0392,7672,4321,103896631502379306313
Revenue Growth9.85%13.76%120.45%23.07%41.99%25.68%32.67%23.54%-2.19%-
Gross Profit1,6911,6491,439721594444355287225235
Operating Income55975844828720617310310547.9967.55
Net Income23038947591.5477.6864.55-1.79182-11.89-1.82
Shares Outstanding45.9945.7245.7530.6931.1030.7729.9028.9428.6328.43
Earnings Per Share4.808.2110.072.892.422.02-0.065.94-0.42-0.06
EPS Growth-41.53%-18.47%248.44%19.42%19.8%-----
Dividend Per Share1.801.501.200.960.760.600.48---
Dividend Growth20%25%25%26.32%26.67%25%----
Operating Cash Flow41773710928420516727.3479.8940.3459.27
Capital Expenditures-193-102426-31.15-25.40-20.30-18.74-17.02-13.23-13.34
Free Cash Flow2246355352531801468.6062.8627.1145.93
Cash & Equivalents2491451161,01543.4213240.0369.007.5523.66
Total Debt8,4933,9814,3622,3421,4761,2201,071858640643
Net Cash / Debt-8,244-3,836-4,247-1,327-1,433-1,088-1,031-789-633-619
Assets13,9907,0627,4822,9661,8351,4141,164946581603
Liabilities11,9365,1935,9002,6821,7491,3581,177944764778
Book Value2,0311,8531,57116980.6752.54-13.232.24-183-175
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Nexstar Media Group, Inc.
Country United States
Employees 13,589
CEO Perry A. Sook

Stock Information

Ticker Symbol NXST
Stock Exchange NASDAQ
Sector Communication Services
Industry Broadcasting
Unique Identifier NASDAQ: NXST
IPO Date November 24, 2003

Description

Nexstar Media Group, Inc. operates as a television broadcasting and digital media company in the United States. The company focuses on the acquisition, development, and operation of television stations and interactive community websites in small and medium-sized markets. It offers free over-the-air programming to television viewing audiences. As of December 31, 2019, the company provided sales, programming, and other services through various local service agreements to 36 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 197 television stations in 115 markets in the states of Alabama, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, and Wisconsin. It also offers digital publishing and content management platform, digital video advertising platform, social media advertising platform, and other digital media solutions to media publishers and advertisers, as well as owns WGN America, a national general entertainment cable network. The company affiliates of ABC, NBC, FOX, CBS, The CW, MNTV and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.