Nexstar Media Group/NXST

$158.25

0.39%
-
1D1W1MYTD1YMAX

About Nexstar Media Group

Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. The Company’s segments include Broadcast and The CW Network, LLC (The CW). The Broadcast segment includes television stations and related local websites that Company owns, operates, programs or provides sales and other services to in various markets across the United States, NewsNation, a national cable news network, two owned and operated digital multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The CW segment is a broadcast network in the United States. The other activities of the Company include digital businesses focused on the national marketplace and the management of certain real estate assets.

Ticker

NXST

Sector

Consumer Cyclicals

Trading on

NASDAQ

Industry

Broadcasting & Cable TV

CEO

Perry Sook

Employees

11,877

Headquarters

Irving, United States

NXST Metrics

BasicAdvanced
$5.2B
Market cap
13.38
P/E ratio
$11.82
EPS
1.45
Beta
$5.74
Dividend rate
4.27%
Dividend yield
$5.2B
1.45423
$187.32
$132.30
353K
$5.74
1.798
288.066
293.408
48.29%
14.073
2.29%
2.86%
16.58%
3.08%
13.383
1.047
2.253
13.39
2.23%
3.63%
4.27%
-5.67%
-44.04%
3.1%
-17.77%
34.09%

What the Analysts think about NXST

Analyst Ratings

Majority rating from 9 analysts.
Buy

Price Targets

Average projection from 10 analysts.
30.11% upside
High $225.00
Low $185.00
$158.25
Current price
$205.90
Average price target

NXST Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
13.62% profit margin
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$1.3B
-1.53%
Net income
$175M
53.51%
Profit margin
13.62%
55.84%

NXST Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 30.01%
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$2.64
$0.70
$3.32
$5.16
-
Expected
$2.35
$1.23
$4.15
$3.97
$4.07
Surprise
12.34%
-42.93%
-19.95%
30.01%
-
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 a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Nexstar Media Group stock?

Nexstar Media Group (NXST) has a market cap of $5.2B as of May 28, 2024.

What is the P/E ratio for Nexstar Media Group stock?

The price to earnings (P/E) ratio for Nexstar Media Group (NXST) stock is 13.38 as of May 28, 2024.

Does Nexstar Media Group stock pay dividends?

Yes, the Nexstar Media Group (NXST) stock pays dividends to shareholders. As of May 28, 2024, the dividend rate is $5.74 and the yield is 4.27%. Nexstar Media Group has a payout ratio of 48.29% on a trailing twelve-month basis.

When is the next Nexstar Media Group dividend payment date?

The next Nexstar Media Group (NXST) dividend payment date is unconfirmed.

What is the beta indicator for Nexstar Media Group?

Nexstar Media Group (NXST) has a beta rating of 1.45. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Nexstar Media Group stock price target?

The target price for Nexstar Media Group (NXST) stock is $205.9, which is 30.11% above the current price of $158.25. This is an average based on projections from 10 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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