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Nexstar Media Group, Inc. (NXST)

Stock Price: $90.40 USD -0.68 (-0.75%)
Updated Oct 23, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 4.09B
Revenue (ttm) 3.77B
Net Income (ttm) 363.88M
Shares Out 45.29M
EPS (ttm) 7.64
PE Ratio 11.83
Forward PE 9.72
Dividend $2.24
Dividend Yield 2.48%

Stock Quote

Trading Day Oct 23, 2020
Last Price $90.40
Previous Close $91.08
Change ($) -0.68
Change (%) -0.75%
Day's Open 91.52
Day's Range 90.01 - 92.03
Day's Volume 260,714
52-Week Range 43.37 - 133.25

More Stats

Market Cap 4.09B
Enterprise Value 11.45B
Earnings Date (est) Nov 5, 2020
Ex-Dividend Date Aug 6, 2020
Shares Outstanding 45.29M
Float 43.63M
EPS (basic) 7.97
EPS (diluted) 7.64
FCF / Share 14.61
Dividend $2.24
Dividend Yield 2.48%
Earnings Yield 8.45%
FCF Yield 16.15%
Payout Ratio 25.30%
Shares Short 3.27M
Short Ratio 8.71
Short % of Float 7.50%
Beta 1.80
PE Ratio 11.83
Forward PE 9.72
P/FCF Ratio 6.19
PS Ratio 1.09
PB Ratio 1.89
Revenue 3.77B
Operating Income 783.29M
Net Income 363.88M
Free Cash Flow 661.23M
Net Cash -7.36B
Net Cash / Share -162.44
Gross Margin 45.25%
Operating Margin 20.78%
Profit Margin 9.70%
FCF Margin 17.54%
ROA 5.60%
ROE 17.52%
ROIC 8.00%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (10)

Buy 9
Overweight 1
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$122.78*
(35.82% upside)
Low
112
Current: $90.40
High
130
Target: 122.78
*Average 12-month price target from 9 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 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.