Nexstar Media Group, Inc. (NXST)

NASDAQ: NXST · Real-Time Price · USD
205.46
+4.68 (2.33%)
Apr 20, 2026, 4:00 PM EDT - Market closed
Market Cap6.23B +12.3%
Revenue (ttm)4.95B -8.5%
Net Income92.00M -84.9%
EPS3.00 -86.0%
Shares Out 30.33M
PE Ratio68.49
Forward PE8.28
Dividend$7.44 (3.62%)
Ex-Dividend DateFeb 13, 2026
Volume573,585
Open198.80
Previous Close200.78
Day's Range197.96 - 207.35
52-Week Range141.66 - 254.30
Beta0.92
AnalystsStrong Buy
Price Target263.75 (+28.37%)
Earnings DateMay 7, 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]

Industry Broadcasting
IPO Date Nov 24, 2003
Employees 13,005
Stock Exchange NASDAQ
Ticker Symbol NXST
Full Company Profile

Financial Performance

In 2025, Nexstar Media Group's revenue was $4.95 billion, a decrease of -8.47% compared to the previous year's $5.41 billion. Earnings were $92.00 million, a decrease of -86.89%.

Financial Statements

Analyst Summary

According to 8 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price target is $263.75, which is an increase of 28.37% from the latest price.

Price Target
$263.75
(28.37% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nexstar-Tegna Deal Questions Largely Dodged By FCC Media Bureau Officials At NAB Show Panel

The $6.2 billion merger of Nexstar and Tegna, a game-changing deal poised to reshape the media business, has been on the lips of many NAB Show attendees this week. But a panel Monday afternoon with th...

Other symbols: TGNA
11 hours ago - Deadline

Federal Court Temporarily Halts $6.2 Billion Nexstar-Tegna Merger

U.S. District Judge Troy Nunley issued a preliminary injunction on Friday, citing antitrust concerns.

Other symbols: TGNA
2 days ago - Barrons

Judge Halts Nexstar-Tegna TV Station Merger

A federal judge granted a preliminary injunction against the broadcast merger, saying it was likely to violate the Clayton Act.

Other symbols: TGNA
3 days ago - WSJ

Nexstar Decries $6.2B Tegna Deal Being Blocked By Judge, Vows Appeal

Thwarted today in what looked to be a Donald Trump approved $6.2 billion local station mega-deal to merge with Tegna, Nexstar are vowing to march forward in the courts.

Other symbols: TGNA
3 days ago - Deadline

Nexstar Media Group, Inc., Statement on Preliminary Injunction

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group releases statement on the preliminary injunction issued in connection with the company's acquisition of TEGNA Inc.

3 days ago - Business Wire

Nexstar-Tegna Merger Frozen As Antitrust Battle Continues; CA AG Says “This Merger Is Illegal, Plain & Simple”

A federal judge just put a halt to Nexstar's proposed $6.2 billion merger with Tegna, putting in doubt the combination of the companies to create a broadcast station giant – at least for now U.S.

Other symbols: TGNA
3 days ago - Deadline

Judge Eases Some Provisions Of His Order Blocking Nexstar-Tegna Merger, Extends TRO Another Week

A federal judge eased some of the restrictions on his order that at least temporarily blocked Nexstar's merger with Tegna, but he also extended the freeze on the transaction for another week. U.S.

Other symbols: TGNA
10 days ago - Deadline

US judge extends temporary order halting Nexstar, Tegna merger

A U.S. judge on Friday extended an order temporarily freezing Nexstar's acquisition of rival broadcast station ​owner Tegna for another week as he decides whether to issue a ‌preliminary injunction.

Other symbols: TGNA
10 days ago - Reuters

Nexstar Media Group to Report 2026 First Quarter Financial Results, Host Conference Call and Webcast on May 7

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2026 first quarter financial results on Thursday, May 7, 2026. The Company will host a ...

12 days ago - Business Wire

Nexstar Tells Judge Aspects Of Tegna Merger “Cannot Be Reversed”

Nexstar weighed in for the first time on a judge's order that halted its merger with Tegna, warning the court that it will have difficulty fully complying because certain aspects of the closed transac...

Other symbols: TGNA
20 days ago - Deadline

Top 3 Tech And Telecom Stocks You'll Regret Missing In March

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Other symbols: BIDUFUBO
21 days ago - Benzinga

US Senators probe FCC chief over Nexstar-Tegna deal, Bloomberg News reports

U.S. Senators ​Ted Cruz ‌and Maria Cantwell ​questioned ​the Federal Communications ⁠Commission ​Chair Brendan ​Carr, criticizing his approval ​of ​Nexstar's merger with ‌Tegna , ⁠Bloomberg News repor...

Other symbols: TGNA
21 days ago - Reuters

Nexstar Stock Drops Sharply After Judge Puts Brakes On Tegna Merger

Nexstar stock fell 11% as Monday's trading day neared its end, reflecting investor angst over a federal judge's decision temporarily blocking the company's merger with Tegna. The drop is a stunner for...

Other symbols: TGNA
21 days ago - Deadline

Judge Grants Temporary Restraining Order, Putting A Pause On Nexstar-Tegna Merger

A federal judge on Friday evening granted a temporary restraining order to halt Nexstar's merger with Tegna, a transaction that creates a broadcasting giant with almost 270 stations across the country...

Other symbols: TGNA
24 days ago - Deadline

US judge orders Nexstar to hold Tegna separate pending review

A U.S. judge late Friday ordered ​Nexstar to temporarily keep ‌Tegna's assets separate pending a review of whether the ​broadcast station owner's $3.54 billion ​acquisition of its rival ⁠Tegna violate...

Other symbols: TGNA
24 days ago - Reuters

FCC Chairman Brendan Carr And Gavin Newsom Clash Over Nexstar-Tegna Merger, Censorship And Jimmy Kimmel

The Nexstar-Tegna merger is being challenged in the courts on a number of fronts, but in the meantime it's the source of a political clash between California Governor Gavin Newsom and FCC Chairman Bre...

Other symbols: TGNA
25 days ago - Deadline

Nexstar Media Inc. Announces Early Settlement Date for the Previously Announced Tender Offer and Consent Solicitation for Any and All of TEGNA Inc.'s 5.000% Senior Notes Due 2029

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Inc. (the “Offeror”), a wholly owned subsidiary of Nexstar Media Group, Inc. (NASDAQ: NXST) (“Nexstar Media Group”), announced today that there will be an...

4 weeks ago - Business Wire

Nexstar Media Group Announces Pricing of $3,390 Million Senior Secured Notes Due 2033 and $1,725 Million Senior Notes Due 2034

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

4 weeks ago - Business Wire

Newsmax, DirecTV And Broadband Groups Appeal FCC's Approval Of Nexstar-Tegna Merger, Call Out Trump's Directive To “Get That Deal Done!”

As state attorneys seek to stop Nexstar's merger with Tegna, a new group is appealing the FCC's greenlight to the massive broadcast merger, calling out Donald Trump's “unprecedented presidential direc...

Other symbols: NMAXTGNA
4 weeks ago - Deadline

Eight US states ask judge to temporarily stop $3.5bn Nexstar and Tegna merger

States argue deal would create largest broadcast station group in US, cut jobs and increase consumers' cable bills

Other symbols: TGNA
4 weeks ago - The Guardian

Eight States Seek Restraining Order to Stop $6.2 Billion Nexstar-Tegna Combination

The states have previously argued the deal would result in too much concentration in some local TV markets.

Other symbols: TGNA
4 weeks ago - WSJ

Nexstar-Tegna Merger Cheered By Wall Street And Local TV Rivals: Are More Mega-Deals On The Way?

Wall Street is upbeat about the impact of Nexstar's $6.2 billion acquisition of local TV rival Tegna, mainly because it could trigger another wave of consolidation. That's also the prevailing view acr...

Other symbols: TGNA
4 weeks ago - Deadline

California And Other States Seek Emergency Order To Stop Nexstar-Tegna Merger

A day after Nexstar said that it had closed its deal to buy Tegna, creating a broadcasting giant, California and seven other states filed an emergency motion to stop it. The motion for a temporary res...

Other symbols: TGNA
4 weeks ago - Deadline

Eight states ask US judge to temporarily block Nexstar, Tegna merger

Eight states asked a U.S. judge on ​Friday to issue a ‌temporary restraining order to stop the $3.5 billion merger of ​Nexstar Media Group ​and Tegna.

Other symbols: TGNA
4 weeks ago - Reuters

Nexstar, Tegna merger closes after winning regulatory approval

Broadcast station groups Nexstar and Tegna are merging after the companies received FCC and DOJ approval to close the deal late Thursday. Nexstar announced its proposed $6.2 billion acquisition of Teg...

Other symbols: TGNA
4 weeks ago - CNBC