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NXST Overview

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$
0.000
0.000(0.000%)
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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

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High
247.070
Open
245.810
VWAP
244.60
Vol
223.67K
Mkt Cap
7.42B
Low
241.950
Amount
54.71M
EV/EBITDA(TTM)
8.21
Total Shares
30.33M
EV
13.53B
EV/OCF(TTM)
15.19
P/S(TTM)
1.53
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)
2026-03-06
16:10:00
U.S. Nonfarm Payrolls Miss Expectations, Unemployment Rate Rises to 4.4%
select
2026-03-06
14:30:00
California and Others Prepare to Challenge Nexstar's Acquisition of Tegna
select
link
2026-03-06
14:30:00
Group of States to Sue to Challenge Nexstar Deal with Tegna
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2026-02-26 (ET)
2026-02-26
09:00:00
Stock Futures Flat as Nvidia Earnings Fail to Impress
select
2026-02-26
08:00:00
Nexstar Provides 2026 Adjusted EBITDA Guidance of $1.95 Billion to $2.05 Billion
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2026-02-26
08:00:00
Nexstar Q4 Revenue $1.29B Beats Expectations
select

News

stocktwits
8.5
03-07stocktwits
U.S. States Prepare Antitrust Lawsuit Against Nexstar's $6.2 Billion Acquisition of Tegna
  • Antitrust Lawsuit Preparation: States including California, Colorado, and New York are preparing to file an antitrust lawsuit against Nexstar's $6.2 billion acquisition of Tegna, arguing that the deal would lead to excessive concentration in certain local TV markets, potentially harming competition.
  • Transaction Timeline: Nexstar and Tegna announced the deal in November 2025, with plans to close the transaction in the second half of 2026; however, the states' lawsuit could delay the finalization of the deal.
  • FCC Chairman's Support: FCC Chairman Brendan Carr expressed support for Nexstar's acquisition of Tegna earlier this month, although it remains unclear whether the deal will receive backing from the full commission.
  • Market Reaction: Despite bearish sentiment among retail investors on Stocktwits regarding Nexstar and Tegna, both companies' stock prices have risen by 22% and 6.6% year-to-date, indicating a complex market response to the proposed merger.
seekingalpha
2.0
03-06seekingalpha
States Prepare to Challenge Nexstar's $6.2B Tegna Acquisition
  • Antitrust Lawsuit Preparation: A coalition of states, including California, Colorado, and New York, is preparing to file an antitrust lawsuit against Nexstar's $6.2 billion acquisition of Tegna, arguing that the deal would lead to excessive concentration in certain local TV markets, thereby impacting competition.
  • Stock Price Reaction: Following this news, Tegna's stock dropped by 1.4%, while Nexstar's shares fell by 2.3%, indicating growing market concerns about the acquisition's implications for both companies' future performance.
  • Regulatory Attitude: Although FCC Chairman Brendan Carr expressed support for the deal last month, it still requires waivers or changes to existing television station ownership rules, highlighting the complex regulatory landscape that could affect the transaction's outcome.
  • Political Support: President Trump also signaled his support for the deal last month, stating that it would help combat
CNBC
9.5
03-02CNBC
Versant Media Group Set to Release First Earnings Report as Public Company
  • First Earnings Report: Versant Media Group is set to release its inaugural earnings report as a public company on Tuesday, providing Wall Street with its first insight into a company primarily composed of pay-TV networks, despite a revenue decline to $7.1 billion in 2024 from $7.4 billion in 2023, indicating market pressures.
  • Stock Performance Decline: Since its January debut, Versant's stock has dropped approximately 25%, with a current market capitalization of around $4.8 billion, reflecting investor concerns regarding the traditional pay-TV business amid the rise of streaming alternatives.
  • Revenue Structure Transition: CEO Mark Lazarus indicated that the company aims to transition its business model by 2026, targeting a future where 50% of revenue comes from digital and ad-supported ventures, highlighting a strategic focus on growth opportunities.
  • Long-term Partnership Agreements: Versant's long-term agreements with major distributors will extend through 2028 and beyond, providing crucial stability for the company despite upcoming contract renewals, which are expected to be challenging.
seekingalpha
9.5
02-26seekingalpha
Nexstar Media Group Q4 2025 Earnings Call Insights
  • Strategic Execution Success: In 2025, Nexstar successfully reviewed and renewed over 60% of its distribution agreements, further elevating The CW and NewsNation's network status, with the TEGNA acquisition expected to close by Q2 2026, demonstrating the company's proactive progress in market consolidation.
  • Strong Digital Revenue Growth: Digital revenue grew in the high single digits in 2025 and is projected to surpass national advertising revenue in 2026, marking a strategic milestone in the company's digital transformation and enhancing its competitive position in the market.
  • Robust Financial Performance: Q4 net revenue was $1.29 billion, a 13.4% decline year-over-year primarily due to reduced political advertising, yet distribution revenue slightly increased to $720 million, reflecting the company's efforts to diversify its revenue streams.
  • Optimistic Profit Outlook: Nexstar projects 2026 adjusted EBITDA in the range of $1.95 billion to $2.05 billion, with The CW expected to achieve profitability by Q4 2026, reflecting the company's confidence in future growth and focus on cost control.
NASDAQ.COM
2.0
02-26NASDAQ.COM
Nexstar (NXST) Q4 2025 Earnings Call Transcript
seekingalpha
9.5
02-26seekingalpha
Nexstar Reports Q4 Earnings with Mixed Results
  • Disappointing Earnings: Nexstar's Q4 EPS of -$5.63 significantly underperformed against the consensus estimate of $3.55, indicating substantial challenges in profitability that may undermine investor confidence.
  • Revenue Decline: The fourth quarter revenue of $1.29 billion fell 13.4% year-over-year, primarily due to reduced political advertising revenue, reflecting the negative impact of the election cycle on the company's financials and potentially leading to future revenue instability.
  • Slight Distribution Revenue Growth: Despite the overall revenue decline, distribution revenue reached $720 million in Q4, up 0.8% year-over-year, primarily driven by rate increases and growth in vMVPD subscribers, demonstrating resilience in certain areas of the business.
  • Future Outlook: Nexstar is guiding for 2026 Adjusted EBITDA in the range of $1.95 billion to $2.05 billion, although various factors could positively or negatively affect this outlook, indicating a cautiously optimistic stance towards future 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
Barrington
Patrick Sholl
Outperform
maintain
$225 -> $290
AI Analysis
2026-03-03
Reason
Barrington
Patrick Sholl
Price Target
$225 -> $290
AI Analysis
2026-03-03
maintain
Outperform
Reason
Barrington analyst Patrick Sholl raised the firm's price target on Nexstar to $290 from $225 and keeps an Outperform rating on the shares. The firm says the acquisition of Tegna will "add substantially" to Nexstar's scale. The combined company should reach 80% of TV households, with many markets operating two "Big Four" network affiliates, the analyst tells investors in a research note. Barrington sees repricing and mid-term elections supports growth in Nexstar's distribution revenue.
Citi
Neutral
maintain
$204 -> $252
2026-03-02
Reason
Citi
Price Target
$204 -> $252
2026-03-02
maintain
Neutral
Reason
Citi raised the firm's price target on Nexstar to $252 from $204 and keeps a Neutral rating on the shares. The firm updated the company's model post the Q4 report.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NXST
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Valuation Metrics

The current forward P/E ratio for Nexstar Media Group Inc (NXST.O) is 10.97, compared to its 5-year average forward P/E of 9.09. 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
9.09
Current PE
10.97
Overvalued PE
11.79
Undervalued PE
6.40

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
6.97
Current EV/EBITDA
7.31
Overvalued EV/EBITDA
7.84
Undervalued EV/EBITDA
6.11

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
1.22
Overvalued PS
1.34
Undervalued PS
1.00

Financials

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Whales Holding NXST

F
Fuller & Thaler Asset Management, Inc.
Holding
NXST
+10.95%
3M Return
C
Copeland Capital Management, LLC
Holding
NXST
+7.74%
3M Return
C
Channing Capital Management, LLC
Holding
NXST
+4.50%
3M Return
C
Cornerstone Investment Partners, LLC
Holding
NXST
+2.06%
3M Return
H
Hennessy Advisors, Inc.
Holding
NXST
-1.95%
3M Return
D
Dorsal Capital Management, LP
Holding
NXST
-10.67%
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 244.77 USD — it has decreased -0.78

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 1.29B USD, decreased -13.32

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 -5.64 USD, decreased -168.70

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

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

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

Today NXST has the market capitalization of 7.42B USD.