Nexstar Media Group, Inc. (NXST)

NASDAQ: NXST · Real-Time Price · USD
206.38
+4.33 (2.14%)
Aug 13, 2025, 12:11 PM - Market open
2.14%
Market Cap 6.26B
Revenue (ttm) 5.32B
Net Income (ttm) 606.00M
Shares Out 30.32M
EPS (ttm) 19.36
PE Ratio 10.66
Forward PE 14.45
Dividend $7.44 (3.61%)
Ex-Dividend Date Aug 15, 2025
Volume 110,309
Open 202.13
Previous Close 202.05
Day's Range 200.04 - 206.64
52-Week Range 141.66 - 206.64
Beta 1.03
Analysts Strong Buy
Price Target 217.14 (+5.21%)
Earnings Date Aug 7, 2025

About NXST

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services. The company offers video and display advertising platforms through its own and various third party websites, mobile and over-the-top applications, digital media solutions to media ... [Read more]

Industry Broadcasting
IPO Date Nov 24, 2003
Employees 13,005
Stock Exchange NASDAQ
Ticker Symbol NXST
Full Company Profile

Financial Performance

In 2024, Nexstar Media Group's revenue was $5.41 billion, an increase of 9.61% compared to the previous year's $4.93 billion. Earnings were $702.00 million, an increase of 102.89%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price target is $217.14, which is an increase of 5.21% from the latest price.

Price Target
$217.14
(5.21% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Nexstar-Tegna deal will provide scale at the local TV level, says CNBC founder Tom Rogers

Tom Rogers, CNBC founder and Versant senior advisor, joins 'Power Lunch' to discuss Nexstar's deal with Tegna, if other companies could pursue mergers and much more.

Other symbols: TGNA
1 day ago - CNBC Television

Tegna Stock Rockets On Nexstar Merger Talks; FCC Appears Set To Ease Local TV Rules In Order To Smooth Deal's Path

Shares in local TV giant Tegna surged nearly 30% in mid-day trading Monday on news that leading station owner Nexstar is in advanced talks to acquire the company. A source familiar with the discussion...

Other symbols: TGNA
1 day ago - Deadline

TV broadcaster Nexstar in advanced talks to acquire rival Tegna, source says

Television broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna , a person familiar with the matter told Reuters on Friday.

Other symbols: TGNA
4 days ago - Reuters

Nexstar Media Group, Inc. (NXST) Q2 2025 Earnings Conference Call Transcript

Nexstar Media Group, Inc. (NASDAQ:NXST) Q2 2025 Earnings Call August 7, 2025 10:00 AM ET Company Participants Lee Ann Gliha - Executive VP & CFO Michael Biard - President & COO Perry A. Sook - Founde...

5 days ago - Seeking Alpha

Nexstar Media Group Reports Second Quarter Net Revenue of $1.23 Billion

IRVING, Texas--(BUSINESS WIRE)--Nexstar reports second quarter Net Revenue of $1.23 billion, Adjusted EBITDA of $389 million and operational milestones at The CW and NewsNation.

6 days ago - Business Wire

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

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock.

12 days ago - Business Wire

Nexstar Television Stations Help Raise Nearly $1.4 Million to Assist Victims of Flooding in Central Texas

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's television stations helped raise nearly $1.4 million to support recent Central Texas flooding recovery and relief efforts.

14 days ago - Business Wire

10 dividend stocks with yields up to 6.92% and plenty of cash flow for higher payouts

Free cash flow yields show plenty of headroom for these companies to increase their dividends.

22 days ago - Market Watch

Nexstar Media Promotes Dan Lanzano to President, National Advertising Sales

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group promotes Dan Lanzano to President of National Advertising Sales, a newly created position.

27 days ago - Business Wire

Nexstar Media Group Refinances Credit Facilities

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) (the “Company”) announced today that its wholly owned subsidiary, Nexstar Media Inc. (“Nexstar”), and Mission Broadcasting, Inc...

6 weeks ago - Business Wire

Nexstar Media Group to Report 2025 Second Quarter Financial Results, Host Conference Call and Webcast on August 7

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2025 second quarter financial results on Thursday, August 7, 2025. The Company will hos...

7 weeks ago - Business Wire

Nexstar Media Group Shareholders Approve All Proposals at 2025 Annual Shareholder Meeting

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group announced that at its 2025 annual meeting shareholders approved all proposals, including executive compensation.

7 weeks ago - Business Wire

Salesforce Extends Relationship With National Broadcasting Leader Nexstar Media Group, Inc.

SAN FRANCISCO--(BUSINESS WIRE)--Salesforce (NYSE:CRM), the world's #1 AI CRM, today announced it is extending its relationship with Nexstar Media Group, Inc. (NASDAQ: NXST), one of the nation's leadin...

Other symbols: CRM
7 weeks ago - Business Wire

Nexstar Media Group Releases New Investor Presentation

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it released a new investor presentation highlighting the Company's leading industry position, long-term re...

2 months ago - Business Wire

28 Nexstar Television Stations Win 52 Regional Edward R. Murrow Awards for Outstanding Journalism and Exceptional Locally Produced News

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's owned and operated television stations have earned a total of 52 regional Edward R. Murrow Awards for outstanding local news.

2 months ago - Business Wire

Nexstar Media Group, Inc.: Distribution Resilience Supports Initiation At Strong Buy

Initiate coverage on Nexstar Media Group (NXST) with a Strong Buy rating and a $239 price target, driven by resilient distribution revenue and CW turnaround. Above-consensus EPS forecasts for FY25 and...

3 months ago - Seeking Alpha

DLT ENTERTAINMENT INKS DISTRIBUTION DEALS WITH THE CW AND TCLTV+ AND EXPANDS REACH OF 80'S SITCOM FLASHBACK FAST CHANNEL

Curated Program Line-up Featuring The Iconic Zany TV Comedies of the Eighties Include "Three's Company," "Three's A Crowd," "The Ropers,"  "Too Close For Comfort" and "Check It Out!" Features Beloved ...

3 months ago - PRNewsWire

Nexstar Media Group, Inc. (NXST) Q1 2025 Earnings Call Transcript

Nexstar Media Group, Inc. (NASDAQ:NXST) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Perry Sook - Founder, Chairman & Chief Executive...

3 months ago - Seeking Alpha

Nexstar Media Group Reports First Quarter Net Revenue of $1.23 Billion

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group reports first quarter 2025 revenue of $1.23 billion, including record first quarter distribution revenue.

3 months ago - Business Wire

Nexstar Media Group to Participate in Upcoming Investor Conferences

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will participate in the JPMorgan Technology, Media & Communications Conference and Gabelli 2025 Media & Entertainment Symposium.

3 months ago - Business Wire

LIFELINES OF HOPE: A SPECIAL CELEBRATING ACTS OF BRAVERY AND COMMUNITY SPIRIT, PRODUCED BY ASSOCIATED TELEVISION INTERNATIONAL

An Uplifting Hour-Long Special Highlights Heroic Acts and the Power of Unity in the Face of Adversity LOS ANGELES , April 22, 2025 /PRNewswire/ -- Lifelines of Hope is an uplifting hour-long special t...

4 months ago - PRNewsWire

Tired Of Tariffs? Invest In American Or European Broadcasting

American and European broadcasters hardly experience any direct impact from trade tariffs through the nature of their business. European broadcasters are in the region where stock performance has been...

4 months ago - Seeking Alpha

Nexstar Media Group to Report 2025 First Quarter Financial Results, Host Conference Call and Webcast on May 8

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2025 first quarter financial results on Thursday, May 8, 2025. The Company will host a ...

4 months ago - Business Wire

If you love dividend stocks, check out these 11 companies with room to boost their hefty payouts

If you want to generate income from your investment portfolio, you can easily spread your risk across a large group of stocks through mutual funds or exchange-traded funds, some of which in turn pay d...

Other symbols: AEOAPACABOCRGYKSSLNCM
5 months ago - Market Watch

Nexstar Media: Incremental Negative Developments Tilt The Risk-Reward Into Neutral Territory (Rating Downgrade)

Nexstar Media: Incremental Negative Developments Tilt The Risk-Reward Into Neutral Territory (Rating Downgrade)

5 months ago - Seeking Alpha