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Nexstar Media Group, Inc. (NXST)

Stock Price: $111.35 USD 0.31 (0.28%)
Updated Jan 15, 2021 4:00 PM EST - Market closed
After-hours: $113.00 +1.65 (1.48%) Jan 15, 5:54 PM
Market Cap 4.88B
Revenue (ttm) 4.22B
Net Income (ttm) 560.41M
Shares Out 44.98M
EPS (ttm) 11.85
PE Ratio 9.40
Forward PE 12.64
Dividend $2.24
Dividend Yield 2.01%
Trading Day January 15
Last Price $111.35
Previous Close $111.04
Change ($) 0.31
Change (%) 0.28%
Day's Open 109.91
Day's Range 106.67 - 112.50
Day's Volume 405,095
52-Week Range 45.27 - 127.75

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Business Wire - 1 day ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its wholly-owned cable network, WGN America, has reached a multi-year comprehensive agreement with...

Business Wire - 1 week ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2020 fourth quarter financial results before the market opens on Tuesday, Febru...

Business Wire - 1 week ago

CHICAGO & IRVING, Texas--(BUSINESS WIRE)--Award-winning journalist Ashleigh Banfield will join Nexstar Media Group's cable network WGN America as host of new news and talk show “Banfield.”

Deadline - 1 week ago

Major TV station groups Nexstar and Tegna have renewed NBC affiliate agreements covering a combined 53 markets. While Nexstar is the No. 1 owner of local TV stations in the U.S., Tegna is the ...

Other stocks mentioned: TGNA
Business Wire - 1 week ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar and its operating partners have reached agreements to renew the existing NBC Television Network affiliations in 33 markets.

Seeking Alpha - 1 week ago

The results of a backtested quantitative strategy reveal an interesting relationship between stock returns and odd years. It's easy to think Nexstar stock performs well in election years consi...

GuruFocus - 2 weeks ago

According to the GuruFocus discounted cash flow calculator as of Dec. 30, the following companies have a high margin of safety and have grown their margins over a 10-year period.

Other stocks mentioned: LOPE, MFGP, SSD, TKC
InvestorPlace - 2 weeks ago

After a year no one will ever forget, it's time to take a look at five stocks that are the best investments to start 2021. The post 5 of the Best Investments to Start 2021 With a Bang appeared...

Other stocks mentioned: AAPL, ALL, PHM, SBUX
Forbes - 2 weeks ago

Stocks jumped on to kick off the final trading week of 2020 as President Donald Trump finally signed off on the $900 billion economic stimulus bill. For investors looking to make the most of t...

Other stocks mentioned: GM, HII, OMC, SNA
Deadline - 3 weeks ago

Dish Network and Nexstar Media Group, the No. 1 U.S. owner of local TV stations, have resolved a carriage dispute that took 164 Nexstar stations and cable network WGN America off the air for m...

Other stocks mentioned: DISH
Business Wire - 3 weeks ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) (“Nexstar”), today announced that it has reached a comprehensive multi-year distribution agreement with DISH Network. T...

PRNewsWire - 3 weeks ago

ENGLEWOOD, Colo., Dec. 24, 2020 /PRNewswire/ -- DISH Network Corporation today announced it reached a new, multi-year carriage agreement with Nexstar Media Group. Local stations and WGN Americ...

Other stocks mentioned: DISH
Zacks Investment Research - 3 weeks ago

We are on the brink of what promises to be a fantastic year for investors, and it would pay to choose wisely.

Other stocks mentioned: ENVA, MBUU, MYRG, SSP
Business Wire - 3 weeks ago

IRVING, Texas & DENVER--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) today announced that KDVR-TV and KWGN-TV, Nexstar Inc.'s local television stations serving the Denver, Colorad...

Deadline - 1 month ago

Nexstar Media Group said its widely distributed cable network WGN America has reached its first carriage agreement with internet-delivered bundle FuboTV. The multi-year deal comes as Nexstar, ...

Other stocks mentioned: FUBO
GuruFocus - 1 month ago

According to the GuruFocus All-in-One Screener, a Premium feature, as of Dec. 11, the following guru-held companies have positive future earnings estimates from Morningstar analysts.

Other stocks mentioned: ADS, NSIT, SNX, URBN
Business Wire - 1 month ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's wholly-owned cable network, WGN America, reached a new multi-year carriage agreement with fuboTV.

Investors Business Daily - 1 month ago

Nexstar Media saw its IBD SmartSelect Composite Rating jump to 96 Tuesday, up from 93 the day before. The post Highly Ranked Nexstar Media Shows Technical Strength appeared first on Investor's...

Zacks Investment Research - 1 month ago

Rising COVID-19 cases are compelling people to stay and work from home, making this a good time to invest in communication services names like Nexstar Media (NXST) and Cambium Networks (CMBM).

Other stocks mentioned: CMBM, FOXA, USM
Zacks Investment Research - 1 month ago

Nexstar (NXST) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

PRNewsWire - 1 month ago

ENGLEWOOD, Colo., Dec. 2, 2020 /PRNewswire/ -- Nexstar Media Group today forced the largest broadcast affiliate station blackout in TV history, rejecting DISH's calls for a contract extension ...

Other stocks mentioned: DISH
Deadline - 1 month ago

Nexstar Media Group TV stations in 120 markets and 42 states as well as WGN America nationwide have gone dark on Dish Network platforms after days of negotiations between the companies. In all...

Other stocks mentioned: DISH
Deadline - 1 month ago

Nexstar Media Group said it has reached a carriage deal with YouTube TV for cable network WGN America. The multi-year WGN America deal with YouTube will take effect on January 19. The addition...

Business Wire - 1 month ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its wholly-owned cable network, WGN America, has reached a new multi-year agreement with YouTube T...

Deadline - 1 month ago

Nexstar Media Group on Friday warned of a potential blackout of its programming on Dish Network next week as the two sides negotiate a new distribution deal for the media group's 164 TV channe...

Other stocks mentioned: DISH
Business Wire - 1 month ago

IRVING, Texas--(BUSINESS WIRE)--DISH subscribers in 115 markets are at risk of losing Nexstar's network, sports and local community programming on December 2, 2020.

Investopedia - 1 month ago

These are the communications stocks with the best value, fastest growth, and most momentum for December 2020.

Other stocks mentioned: GLIBA, IAC, LUMN, PINS, TWLO, WWE, ZM
GuruFocus - 1 month ago

As of Nov. 20, three stocks appear to be undervalued by the market as their price-earnings ratios without non-recurring items trade below 20 while their price-earnings to growth (PEG) ratios a...

Other stocks mentioned: MFC, PFSI
Seeking Alpha - 1 month ago

Sometimes investors think they need to choose between value and growth, you can have both. However, in dividend investing, you often have to choose between value, yield and growth.

Other stocks mentioned: ABBV, HII, SNA, TSN
GuruFocus - 2 months ago

According to the GuruFocus All-in-One Screener, a Premium feature, the following companies have high business predictability ratings and wide margins of safety as of Nov. 12.

Other stocks mentioned: ABG, ALGT, MMS, SSD
Seeking Alpha - 2 months ago

Nexstar Media Group (NXST) Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 2 months ago

Nexstar (NXST) delivered earnings and revenue surprises of 67.90% and 5.72%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Business Wire - 2 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or “the Company”) today reported financial results for the third quarter ended September 30, 2020 as summari...

Zacks Investment Research - 2 months ago

Nexstar (NXST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Insider Monkey - 2 months ago

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete ...

Forbes - 2 months ago

Nexstar Media, the largest television station owner and operator in the U.S., saw a steep fall in its ad sales earlier in the pandemic. Consequently, the company's stock lost 24% of its value ...

Business Wire - 2 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar ” or the “Company”) announced today that effective November 1, 2020 it will combine its two primary operating...

Business Wire - 2 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.56 per share of its Class A common...

Seeking Alpha - 2 months ago

Political ad spend is reaching unfathomable highs this year.

Zacks Investment Research - 3 months ago

Is Nexstar Media (NXST) a great pick from the value investor's perspective right now? Read on to know more.

PRNewsWire - 3 months ago

NEW YORK, Oct. 1, 2020 /PRNewswire/ -- Nexstar Media Group, Inc. received the 2020 Catalyst Award for their outstanding support of Ad Council public service campaigns over the past year. The C...

Business Wire - 3 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) announced today that Thomas E. Carter has been named President and Chief Operating Officer...

Business Wire - 3 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2020 third quarter financial results before the market opens on Thursday, Novem...

Business Wire - 4 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) announced today that its wholly-owned subsidiary, Nexstar Broadcasting, Inc.

Business Wire - 4 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar” or the “Company”) announced today that its wholly-owned subsidiary, Nexstar Broadcasting, Inc.

Business Wire - 4 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that Nexstar Broadcasting, Inc.

Business Wire - 4 months ago

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved an expansion of the Company’s share repurchase authorization for u...

Business Wire - 4 months ago

CHICAGO & IRVING, Texas--(BUSINESS WIRE)--Representing the return of traditional, trusted, fact-based news reporting to cable television, “NewsNation,” a three hour prime-time national newscas...

Forbes - 4 months ago

Nexstar Media Group plans to launch a prime-time newscast called News Nation tomorrow that will provide what the company calls “independent fact-based journalism” over the company’s WGN Americ...

Seeking Alpha - 5 months ago

Nexstar Media Group, Inc (NXST) CEO Perry Sook on Q2 2020 Results - Earnings Call Transcript

About NXST

Nexstar Media Group 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, operat... [Read more...]

Industry
Broadcasting
IPO Date
Nov 24, 2003
CEO
Perry Sook
Employees
13,589
Stock Exchange
NASDAQ
Ticker Symbol
NXST
Full Company Profile

Financial Performance

In 2019, NXST's revenue was $3.04 billion, an increase of 9.85% compared to the previous year's $2.77 billion. Earnings were $230.26 million, a decrease of -40.88%.

Financial Statements

Analyst Forecasts

According to 10 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price forecast is 128.30, which is an increase of 15.22% from the latest price.

Price Target
$128.30
(15.22% upside)
Analyst Consensus: Strong Buy