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Nexstar Media Group/$NXST

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About Nexstar Media Group

Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Assuming its merger with Tegna is affirmed, Nexstar's station total would exceed 259 and reach 80% of the US population. Nexstar also owns NewsNation (formerly WGN America), a cable news network, 75% of the fifth national broadcaster, The CW, and a 31% stake in Food Network and Cooking Channel.
Ticker
$NXST
Sector
Communication
Primary listing
NASDAQ
Employees
-
Headquarters
Irving, United States
Website
www.nexstar.tv

NXST Metrics

BasicAdvanced
$5.5B
33.23
$5.34
0.89
$7.44
4.19%

What the Analysts think about NXST

Analyst ratings (Buy, Hold, Sell) for Nexstar Media Group stock.
Analyst projections of the future price of Nexstar Media Group stock.

Bulls say / Bears say

Adjusted free cash flow more than doubled to $238 million in Q2, and Nexstar used $409 million to repay debt. Sustained cash generation could help reduce the leverage added by the Tegna acquisition. (Nasdaq)
The 2026 election cycle is lifting high-margin political advertising: Q2 political revenue was $147 million, up 8% against 2022 and 99% against 2024 on a combined basis. Management reported particularly strong spending in several contested states. (Stock Analysis)
Nexstar’s owned networks are gaining audience and new distribution: NewsNation viewership rose 44% year on year in June, while The CW added ESPN and Roku partnerships. These offer growth avenues beyond the traditional station business. (Nasdaq)
The Tegna acquisition remains tied up in litigation, with a preliminary injunction requiring the businesses to operate separately and a trial still set for 2027. That delays integration and leaves the deal’s expected benefits exposed to legal uncertainty. (The Desk)
Debt rose to $11.7 billion after the acquisition, and Q2 net interest expense nearly doubled year on year to $190 million. This high financing burden leaves less cash for shareholders and makes deleveraging important. (SEC)
The underlying television business remains under pressure: combined non-political advertising fell 5.8% in Q2, while subscriber attrition offset higher distribution rates. Management expected another mid-single-digit decline in non-political ads in Q3. (Stock Analysis)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2026.

NXST Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

NXST Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

NXST News

AllArticlesVideos

Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share

Business Wire5 days ago

Nexstar's Local TV Stations Receive Two National Edward R. Murrow Awards for Outstanding Journalism and Exceptionally Produced Content

Business Wire3 months ago

Nexstar Media Group Q2 Earnings Call Highlights

MarketBeat3 months ago

Funds containing NXST

AllEURUSDGBP
Funds
Fund name
Fund size
$NXST weighting
iShares Dow Jones U.S. Select Dividend€EXX5
€412M0.39%
SPDR S&P 400 US Mid Cap$SPY4
$6.4B0.14%
SPDR S&P 400 US Mid Cap£SPX4
$6.4B0.14%
SPDR MSCI USA Small Cap Value Weighted$USSC
$1.1B0.12%
L&G Global Quality Dividends£LDGG
$353M0.09%
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.