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NXST Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

Loading chart...

High
204.060
Open
194.520
VWAP
199.32
Vol
406.27K
Mkt Cap
6.19B
Low
191.120
Amount
80.98M
EV/EBITDA(TTM)
10.69
Total Shares
30.54M
EV
17.97B
EV/OCF(TTM)
21.31
P/S(TTM)
1.22
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.
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Events Timeline

(ET)
2026-05-07
07:10:00
Nexstar Reports Q1 Revenue of $1.4B
select
2026-05-01 (ET)
2026-05-01
11:00:00
Massachusetts AG Files Suit Against Nexstar and Tegna
select
link
2026-04-29 (ET)
2026-04-29
10:10:00
CW Network Teams Up with ESPN for Exclusive Streaming Launch in Summer 2026
select
2026-04-29
10:10:00
Nexstar Partners with Roku to Launch CW Programming in Fall 2026
select
2026-04-19 (ET)
2026-04-19
21:10:00
Eli Lilly in Talks to Acquire Kelonia for Over $2B
select
2026-04-18 (ET)
2026-04-18
07:20:00
Nexstar Appeals Preliminary Injunction on Tegna Acquisition
select

News

seekingalpha
9.5
05-07seekingalpha
Nexstar Media Group Q1 2026 Earnings Call Insights
  • Acquisition Completed: Nexstar successfully closed its acquisition of TEGNA in Q1 2026, receiving FCC and DOJ approval, despite facing a lawsuit from DIRECTV and several state AGs; management remains optimistic about prevailing in court.
  • Strong Financial Performance: The company reported record net revenue of $1.4 billion in Q1, with adjusted EBITDA and free cash flow at $470 million and $420 million respectively, showcasing robust cash generation and debt repayment capabilities, although challenges from a weak advertising environment persist.
  • Network Growth Momentum: NewsNation was the fastest-growing network in March 2026 among major broadcast and cable networks, while the CW network improved year-over-year profitability in Q1, with expectations to achieve profitability by Q4 2026, indicating positive progress in the company's network development strategy.
  • Cautious Outlook: Management indicated that forward guidance will be limited due to the court-ordered hold-separate structure, with non-political advertising expected to decline mid-single digits in Q2, reflecting uncertainty and overall weakness in the advertising market.
NASDAQ.COM
9.5
05-07NASDAQ.COM
Nexstar Reports Significant Profit Growth in Q1
  • Profit Growth: Nexstar Media Group reported a net profit of $164 million for Q1, translating to earnings per share of $5.09, which is a significant increase from last year's $108 million and $3.37 per share, indicating enhanced profitability.
  • Revenue Increase: The company's revenue rose by 13.1% year-over-year to $1.396 billion, compared to $1.234 billion last year, showcasing strong performance in the advertising market and an expansion of market share.
  • Market Performance: The growth in Nexstar's earnings and revenue highlights its solid market position in the competitive media industry, which is expected to further attract investor interest and confidence.
  • Future Outlook: With advertising spending continuing to rebound, Nexstar is poised to achieve further revenue and profit growth in the coming quarters, solidifying its leadership position in the industry.
seekingalpha
9.5
05-07seekingalpha
Nexstar Reports Strong Q1 Earnings, Beats Expectations
  • Earnings Beat: Nexstar's Q1 GAAP EPS of $5.09 exceeded expectations by $0.69, indicating strong profitability and reflecting the company's competitive advantage in the media sector.
  • Significant Revenue Growth: The first quarter revenue reached $1.39 billion, a 13.1% year-over-year increase, primarily driven by $106 million in incremental revenue from the TEGNA acquisition and higher advertising and distribution revenue from legacy business units, showcasing the success of the company's expansion strategy.
  • Acquisition Impact: The acquisition of TEGNA has significantly boosted Nexstar's revenue, further solidifying its market position in the media industry and laying a foundation for future growth, demonstrating the effectiveness of its acquisition strategy.
  • Positive Market Reaction: Following the strong earnings report, Nexstar's stock received a positive response in the market, with investors expressing confidence in the company's future growth potential, which may drive further stock price increases.
seekingalpha
9.5
05-06seekingalpha
Nexstar Media to Announce Q1 Earnings on May 7
  • Earnings Announcement: Nexstar Media is set to release its Q1 2023 earnings report on May 7 before market open, with consensus EPS estimated at $4.39 and revenue expected to reach $1.26 billion, reflecting a 2.4% year-over-year growth, providing investors with insights into the company's financial health.
  • Performance Beat Record: Over the past year, Nexstar has beaten EPS estimates 75% of the time and revenue estimates 50% of the time, indicating a level of stability and market confidence in the company's financial performance.
  • Merger Integration Halted: A judge's ruling has blocked the $6.2 billion merger with Tegna, creating uncertainty around Nexstar's expansion plans and future growth potential, which could impact investor sentiment and strategic direction.
  • Market Reaction Analysis: Despite Nexstar's strong financial track record, the uncertainty surrounding the merger may affect market reactions to its stock, prompting investors to closely monitor the upcoming earnings report for indications of the company's strategic direction.
seekingalpha
8.5
05-01seekingalpha
Five States Join Lawsuit to Block Nexstar-Tegna Merger
  • Antitrust Lawsuit Expansion: Indiana, Kansas, Massachusetts, Pennsylvania, and Vermont have joined California Attorney General Rob Bonta's antitrust lawsuit aimed at blocking the Nexstar-Tegna merger, highlighting the states' commitment to preserving market competition.
  • Merger Risk Warning: Bonta emphasized that the merger would enable Nexstar and Tegna to control and raise prices, fire journalists, and dominate the media landscape, reflecting serious concerns about the negative impacts on consumers, workers, and local news.
  • Court Intervention: A federal judge in California issued a preliminary injunction in March against Nexstar's $6.2 billion acquisition of Tegna, extending a temporary order that paused the integration of the two major TV station groups, increasing uncertainty around the merger.
  • Market Reaction: Nexstar's shares fell 2.4% on Friday, indicating market concerns regarding the merger's prospects, as investors remain cautious about the potential impact on the company's long-term strategic positioning.
seekingalpha
8.0
05-01seekingalpha
Nexstar Media Declares $1.86 Quarterly Dividend Amidst Merger Uncertainty
  • Quarterly Dividend Announcement: Nexstar Media declares a quarterly dividend of $1.86 per share, consistent with previous distributions, indicating the company's stability and commitment to shareholder returns in the current market environment.
  • Dividend Yield: The forward yield of 3.57% reflects the company's competitiveness in attracting investors, particularly amidst the uncertainties surrounding the merger with Tegna.
  • Shareholder Record Dates: The dividend is payable on May 29, with a record date of May 15 and an ex-dividend date also set for May 15, ensuring shareholders receive their returns promptly.
  • Merger Outlook Uncertain: Despite the dividend announcement, the $6.2 billion merger with Tegna faces legal challenges, which could impact Nexstar's future growth strategies and market performance.
Wall Street analysts forecast NXST stock price to rise
4 Analyst Rating
Wall Street analysts forecast NXST stock price to rise
3 Buy
1 Hold
0 Sell
Strong Buy
Current: 0.000
sliders
Low
204.00
Averages
232.25
High
250.00
Current: 0.000
sliders
Low
204.00
Averages
232.25
High
250.00
Citi
Neutral -> Buy
upgrade
$252 -> $220
AI Analysis
2026-04-10
Reason
Citi
Price Target
$252 -> $220
AI Analysis
2026-04-10
upgrade
Neutral -> Buy
Reason
Citi last night upgraded Nexstar to Buy from Neutral with a price target of $220, down from $252. The firm believes the Street has become too bearish on the Tegna acquisition. It sees $8 per share of potential downside and $73 of potential upside, creating a 9:1 risk-reward for Nexstar. The price target assumes Nexstar sells stations covering 25M homes from divestitures for the Tegna deal, the analyst tells investors in a research note.
Citi
Jason Bazinet
Neutral -> Buy
upgrade
$252 -> $220
2026-04-09
Reason
Citi
Jason Bazinet
Price Target
$252 -> $220
2026-04-09
upgrade
Neutral -> Buy
Reason
Citi analyst Jason Bazinet upgraded Nexstar to Buy from Neutral with a price target of $220, down from $252.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NXST
Unlock Now

Valuation Metrics

The current forward P/E ratio for Nexstar Media Group Inc (NXST.O) is 7.91, compared to its 5-year average forward P/E of 9.07. For a more detailed relative valuation and DCF analysis to assess Nexstar Media Group Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
9.07
Current PE
7.91
Overvalued PE
11.72
Undervalued PE
6.41

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average EV/EBITDA
7.10
Current EV/EBITDA
3.30
Overvalued EV/EBITDA
8.19
Undervalued EV/EBITDA
6.01

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
1.17
Current PS
1.10
Overvalued PS
1.34
Undervalued PS
1.00

Financials

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Whales Holding NXST

C
Cornerstone Investment Partners, LLC
Holding
NXST
+11.63%
3M Return
H
Hennessy Advisors, Inc.
Holding
NXST
+6.22%
3M Return
F
Fuller & Thaler Asset Management, Inc.
Holding
NXST
+4.80%
3M Return
C
Copeland Capital Management, LLC
Holding
NXST
+2.80%
3M Return
C
Channing Capital Management, LLC
Holding
NXST
-1.17%
3M Return
D
Dorsal Capital Management, LP
Holding
NXST
-6.84%
3M Return

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Frequently Asked Questions

What is Nexstar Media Group Inc (NXST) stock price today?

The current price of NXST is 202.79 USD — it has increased 4.25

What is Nexstar Media Group Inc (NXST)'s business?

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.

What is the price predicton of NXST Stock?

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 is232.25 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.

What is Nexstar Media Group Inc (NXST)'s revenue for the last quarter?

Nexstar Media Group Inc revenue for the last quarter amounts to 1.40B USD, increased 13.13

What is Nexstar Media Group Inc (NXST)'s earnings per share (EPS) for the last quarter?

Nexstar Media Group Inc. EPS for the last quarter amounts to 5.07 USD, increased 50.89

How many employees does Nexstar Media Group Inc (NXST). have?

Nexstar Media Group Inc (NXST) has 11693 emplpoyees as of May 11 2026.

What is Nexstar Media Group Inc (NXST) market cap?

Today NXST has the market capitalization of 6.19B USD.