Trump Backs Nexstar's $6.2B TEGNA Acquisition
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Should l Buy NXST?
Source: seekingalpha
- Trump's Endorsement: Trump expressed his support for Nexstar's $6.2 billion acquisition of TEGNA on social media, asserting that the deal would enhance competition and help combat 'Fake News,' thereby improving the overall quality and transparency of the media industry.
- Deal Context Analysis: This acquisition aims to strengthen Nexstar's competitive position in the media market by integrating resources and enhancing content quality, particularly in the face of increasing market competition and regulatory uncertainties.
- Market Reaction Expectations: Trump's backing may alleviate market concerns regarding the deal, boosting investor confidence and potentially attracting more capital to Nexstar, which could drive its stock price higher.
- Industry Competitive Landscape Shift: Upon completion of the acquisition, Nexstar will be able to expand its influence nationwide, enhancing its status in mainstream media, which may trigger a wave of consolidation among other media companies, reshaping the industry landscape.
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Analyst Views on NXST
Wall Street analysts forecast NXST stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NXST is 232.25 USD with a low forecast of 204.00 USD and a high forecast of 250.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
4 Analyst Rating
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 218.100
Low
204.00
Averages
232.25
High
250.00
Current: 218.100
Low
204.00
Averages
232.25
High
250.00
About NXST
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 reportable broadcast segment includes television stations and related local websites that Nexstar 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 multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The other operating segments, The CW and digital businesses, focused on the national marketplace. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com. Its national television properties include The CW, NewsNation, Antenna TV, and Rewind TV.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Trump Backs Nexstar's $6.2B TEGNA Acquisition
- Trump's Endorsement: Trump expressed his support for Nexstar's $6.2 billion acquisition of TEGNA on social media, asserting that the deal would enhance competition and help combat 'Fake News,' thereby improving the overall quality and transparency of the media industry.
- Deal Context Analysis: This acquisition aims to strengthen Nexstar's competitive position in the media market by integrating resources and enhancing content quality, particularly in the face of increasing market competition and regulatory uncertainties.
- Market Reaction Expectations: Trump's backing may alleviate market concerns regarding the deal, boosting investor confidence and potentially attracting more capital to Nexstar, which could drive its stock price higher.
- Industry Competitive Landscape Shift: Upon completion of the acquisition, Nexstar will be able to expand its influence nationwide, enhancing its status in mainstream media, which may trigger a wave of consolidation among other media companies, reshaping the industry landscape.
See More
Capital Management Corp Reduces Nexstar Stake by $5.82 Million
- Share Reduction Details: Capital Management Corp disclosed a reduction of 29,799 shares in Nexstar Media Group during Q4 2022, with an estimated transaction value of $5.82 million, indicating a cautious outlook on the company's future performance.
- Ownership Proportion Change: Following this sale, Capital Management's stake in Nexstar decreased to 127,651 shares, representing 4.25% of its $610.07 million in reportable U.S. equity assets, reflecting a reassessment of its investment portfolio.
- Financial Performance Overview: Nexstar reported $1.20 billion in revenue for the latest quarter, down 12% year-over-year primarily due to a sharp decline in political advertising, although free cash flow remained solid at $166 million, indicating stability even in a non-election year.
- Market Outlook Analysis: Despite the reduction, Nexstar remains one of Capital Management's top five holdings, signaling confidence in its long-term growth potential, especially with the upcoming political advertising cycle expected to yield significant returns.
See More
Nexstar Media Group Declares $1.86 Quarterly Cash Dividend
- Quarterly Cash Dividend: Nexstar's Board of Directors has declared a quarterly cash dividend of $1.86 per share, payable on February 27, 2026, demonstrating the company's ongoing commitment to shareholder returns.
- Acquisition Financing Strategy: In anticipation of the upcoming acquisition of TEGNA, Nexstar has opted to maintain its current dividend rate, with excess cash allocated for financing the acquisition or repaying debt, reflecting flexibility in its capital allocation strategy.
- Dividend Yield Positioning: With an annualized dividend yield of 3.59% based on the January 29, 2026 closing price, Nexstar ranks in the 78th percentile among all dividend payers in the S&P 400, showcasing its competitive standing in the industry.
- Future Dividend Outlook: While the company intends to continue paying regular quarterly cash dividends, all future dividends will be reviewed quarterly and declared at the Board's discretion, ensuring adaptability to market conditions.
See More
Nexstar Media Declares $1.86 Quarterly Dividend
- Quarterly Dividend Announcement: Nexstar Media has declared a quarterly dividend of $1.86 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 3.59% provides relative attractiveness in the current market environment, potentially boosting shareholder confidence and encouraging long-term stock holding.
- Payment Schedule: The dividend is payable on February 27, with a record date of February 13 and an ex-dividend date also on February 13, ensuring that shareholders receive timely returns and further solidifying the relationship between the company and its investors.
- Market Reaction Expectations: Nexstar's dividend policy reflects confidence in future cash flows, and despite uncertainties surrounding the Tegna deal, the market remains optimistic about the stability of its dividend payouts.
See More
Dillard's Stock Surges Over 1200%, Significant Dividend Growth
- Dillard's Stock Performance: Between December 2020 and December 2025, Dillard's shares surged over 1200%, outperforming the S&P 500, Nvidia, and Bitcoin, showcasing its strong post-pandemic recovery and market competitiveness.
- Dividend Policy Advantage: With a 15-year track record of dividend growth averaging 12.9% annually over the past five years, combined with a forward yield of 4.8%, Dillard's is expected to continue delivering solid capital returns in the future.
- Nexstar's Profitability: As the largest owner of broadcast television stations in the U.S., Nexstar has successfully enhanced profitability through aggressive cost-cutting, currently boasting a forward dividend yield of 3.5% and a payout ratio of only 45%, providing ample cash flow for future acquisitions and debt repayment.
- Target's Turnaround Potential: Target's stock has rallied over the past year, with a forward yield of 4.1% and a payout ratio nearing 60%, while its 57 years of consecutive dividend growth, coupled with pressure from activist hedge funds, may further enhance management's turnaround efforts, positively impacting share price and dividend growth prospects.
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- Outstanding Stock Performance: Dillard's stock has surged over 1200% in the past five years, significantly outperforming the S&P 500, Nvidia, and Bitcoin, reflecting strong market performance and investor confidence.
- Sustained Dividend Growth: With a 15-year track record of dividend growth averaging 12.9% annually over the last five years, Dillard's is expected to maintain a forward yield of 4.8%, enhancing investor return expectations.
- Nexstar Acquisition Potential: Nexstar Broadcast Group has successfully improved profitability through aggressive cost-cutting, currently boasting a forward dividend yield of 3.5%, with potential earnings growth from the pending Tegna acquisition.
- Target Shareholder Activism: Target, a Dividend King with 57 years of consecutive dividend growth and a forward yield of 4.1%, may see accelerated transformation efforts due to pressure from activist hedge fund Toms Capital, potentially boosting share price and dividend growth.
See More
Trump Backs Nexstar's $6.2B TEGNA Acquisition
- Trump's Endorsement: Trump expressed his support for Nexstar's $6.2 billion acquisition of TEGNA on social media, asserting that the deal would enhance competition and help combat 'Fake News,' thereby improving the overall quality and transparency of the media industry.
- Deal Context Analysis: This acquisition aims to strengthen Nexstar's competitive position in the media market by integrating resources and enhancing content quality, particularly in the face of increasing market competition and regulatory uncertainties.
- Market Reaction Expectations: Trump's backing may alleviate market concerns regarding the deal, boosting investor confidence and potentially attracting more capital to Nexstar, which could drive its stock price higher.
- Industry Competitive Landscape Shift: Upon completion of the acquisition, Nexstar will be able to expand its influence nationwide, enhancing its status in mainstream media, which may trigger a wave of consolidation among other media companies, reshaping the industry landscape.
See More
Capital Management Corp Reduces Nexstar Stake by $5.82 Million
- Share Reduction Details: Capital Management Corp disclosed a reduction of 29,799 shares in Nexstar Media Group during Q4 2022, with an estimated transaction value of $5.82 million, indicating a cautious outlook on the company's future performance.
- Ownership Proportion Change: Following this sale, Capital Management's stake in Nexstar decreased to 127,651 shares, representing 4.25% of its $610.07 million in reportable U.S. equity assets, reflecting a reassessment of its investment portfolio.
- Financial Performance Overview: Nexstar reported $1.20 billion in revenue for the latest quarter, down 12% year-over-year primarily due to a sharp decline in political advertising, although free cash flow remained solid at $166 million, indicating stability even in a non-election year.
- Market Outlook Analysis: Despite the reduction, Nexstar remains one of Capital Management's top five holdings, signaling confidence in its long-term growth potential, especially with the upcoming political advertising cycle expected to yield significant returns.
See More
Nexstar Media Group Declares $1.86 Quarterly Cash Dividend
- Quarterly Cash Dividend: Nexstar's Board of Directors has declared a quarterly cash dividend of $1.86 per share, payable on February 27, 2026, demonstrating the company's ongoing commitment to shareholder returns.
- Acquisition Financing Strategy: In anticipation of the upcoming acquisition of TEGNA, Nexstar has opted to maintain its current dividend rate, with excess cash allocated for financing the acquisition or repaying debt, reflecting flexibility in its capital allocation strategy.
- Dividend Yield Positioning: With an annualized dividend yield of 3.59% based on the January 29, 2026 closing price, Nexstar ranks in the 78th percentile among all dividend payers in the S&P 400, showcasing its competitive standing in the industry.
- Future Dividend Outlook: While the company intends to continue paying regular quarterly cash dividends, all future dividends will be reviewed quarterly and declared at the Board's discretion, ensuring adaptability to market conditions.
See More
Nexstar Media Declares $1.86 Quarterly Dividend
- Quarterly Dividend Announcement: Nexstar Media has declared a quarterly dividend of $1.86 per share, consistent with previous distributions, indicating the company's stable cash flow and profitability, which is likely to attract more investor interest.
- Dividend Yield: The forward yield of 3.59% provides relative attractiveness in the current market environment, potentially boosting shareholder confidence and encouraging long-term stock holding.
- Payment Schedule: The dividend is payable on February 27, with a record date of February 13 and an ex-dividend date also on February 13, ensuring that shareholders receive timely returns and further solidifying the relationship between the company and its investors.
- Market Reaction Expectations: Nexstar's dividend policy reflects confidence in future cash flows, and despite uncertainties surrounding the Tegna deal, the market remains optimistic about the stability of its dividend payouts.
See More
Dillard's Stock Surges Over 1200%, Significant Dividend Growth
- Dillard's Stock Performance: Between December 2020 and December 2025, Dillard's shares surged over 1200%, outperforming the S&P 500, Nvidia, and Bitcoin, showcasing its strong post-pandemic recovery and market competitiveness.
- Dividend Policy Advantage: With a 15-year track record of dividend growth averaging 12.9% annually over the past five years, combined with a forward yield of 4.8%, Dillard's is expected to continue delivering solid capital returns in the future.
- Nexstar's Profitability: As the largest owner of broadcast television stations in the U.S., Nexstar has successfully enhanced profitability through aggressive cost-cutting, currently boasting a forward dividend yield of 3.5% and a payout ratio of only 45%, providing ample cash flow for future acquisitions and debt repayment.
- Target's Turnaround Potential: Target's stock has rallied over the past year, with a forward yield of 4.1% and a payout ratio nearing 60%, while its 57 years of consecutive dividend growth, coupled with pressure from activist hedge funds, may further enhance management's turnaround efforts, positively impacting share price and dividend growth prospects.
See More
Dillard's Stock Surges Over 1200% in Five Years, Driven by Dividends and Buybacks
- Outstanding Stock Performance: Dillard's stock has surged over 1200% in the past five years, significantly outperforming the S&P 500, Nvidia, and Bitcoin, reflecting strong market performance and investor confidence.
- Sustained Dividend Growth: With a 15-year track record of dividend growth averaging 12.9% annually over the last five years, Dillard's is expected to maintain a forward yield of 4.8%, enhancing investor return expectations.
- Nexstar Acquisition Potential: Nexstar Broadcast Group has successfully improved profitability through aggressive cost-cutting, currently boasting a forward dividend yield of 3.5%, with potential earnings growth from the pending Tegna acquisition.
- Target Shareholder Activism: Target, a Dividend King with 57 years of consecutive dividend growth and a forward yield of 4.1%, may see accelerated transformation efforts due to pressure from activist hedge fund Toms Capital, potentially boosting share price and dividend growth.
See More
