Nexstar Media Group Inc (NXST)

Currency in USD
193.67
+5.70(+3.03%)
Closed·
193.780.00(0.00%)
·
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Fair Value
Day's Range
187.59197.60
52 wk Range
154.47254.30
Key Statistics
Prev. Close
187.97
Open
189.36
Day's Range
187.59-197.6
52 wk Range
154.47-254.3
Volume
461.03K
Average Volume (3m)
395.02K
1-Year Change
3.6777%
Book Value / Share
71.49
Fair Value
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Fair Value Upside
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NXST Scorecardpro icon
Company’s Health
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Fair Value
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Fair Price
Upside
Price Target
249.00
Upside
+28.57%
Members' Sentiments
Bearish
Bullish
ProTips
Net income is expected to grow this year

Nexstar Media Group Inc News & Analysis

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Technical Analysis

Summary
Strong Sell
Sell
Neutral
Buy
Strong Buy
Strong Buy
Technical Indicators
Strong Buy
Moving Averages
Buy

Analyst Ratings

6 Buy
1 Hold
0 Sell
Ratings:
7 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 249.00
(+28.57% Upside)
Firm
ArticlePositionPrice TargetUpside / DownsideFrom Price TargetActionDate
Wells Fargo
Buy249.00+28.57%253.00MaintainAug 07, 2026
Deutsche Bank
Buy255.00+31.67%270.00MaintainMay 11, 2026
Wells Fargo
Buy253.00+30.63%290.00MaintainMay 08, 2026
Benchmark
Buy250.00+29.09%250.00MaintainApr 20, 2026
Citi
Buy220.00+13.60%252.00UpgradeApr 10, 2026

Nexstar Media Group Inc Earnings Call Summary for Q2/2026

  • Nexstar reported record Q2 2026 revenue of $1.99B (+62.2% YoY), beating estimates by $110M, but EPS of $3.61 missed forecasts by 36.3% due to TEGNA acquisition costs.
  • Adjusted EBITDA rose to $633M and free cash flow more than doubled to $238M, driven by political advertising, distribution revenue, and local digital sales growth.
  • Management expects strong political ad spending through 2026, The CW to turn profitable in Q4, and plans to repay over $1B debt by year-end, reaching pre-acquisition leverage by 2028.
  • CEO Sook noted FCC's elimination of national broadcast ownership cap reduces M&A uncertainty, though debt reduction remains the immediate priority over share buybacks.
  • Company faces elevated leverage with $11.7B debt (5.76 debt-to-equity ratio) and non-political advertising weakness, expected to decline mid-single digits in Q3.
Last Updated: 07/08/2026, 07:08
Read Full Transcript

Earnings

Latest Release
Aug 06, 2026
EPS / Forecast
3.61 / 5.67
Revenue / Forecast
1.99B / 1.88B
EPS Revisions
Last 90 days

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 4.82%
Dividend Yield
3.92%
Industry Median 2.35%
Annualised payout
7.44
Paid quarterly
5-Years Growth
+25.60%
Growth Streak

NXST Income Statement

Compare NXST to Peers and Sector

Metrics to compare
NXST
Peers
Sector
Relationship
P/E Ratio
34.6x16.5x6.8x
PEG Ratio
−0.480.050.01
Price/Book
2.7x3.3x1.8x
Price / LTM Sales
1.0x1.4x1.3x
Upside (Analyst Target)
29.2%49.4%28.4%
Fair Value Upside
Unlock3.7%17.8%Unlock

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 publishers and advertisers, and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks. Further, its digital assets include 125 local websites, 229 mobile applications, 110 connected television applications, television channels from The CW and The Hill, BestReviews, and advertising solutions. Additionally, the company engages in the digital business. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. Nexstar Media Group, Inc. was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. The company was founded in 1996 and is headquartered in Irving, Texas.

Ownership

Ownership Overview

Type
Common Stock Held% of Shares OutstandingMarket Value
Mutual Funds & ETFs
17.08M55.94%3.25B
Other Institutional Investors
13.14M43.01%2.50B
Public Companies & Retail Investors
319.13K1.04%60.64M
Total
30.54M100.00%5.8B

Top Holders

Holder
% of holding
Shares Held
Date Reported
Value (In 1,000s)
BlackRock, Inc.10.54%3,217,716611,463
Vanguard Portfolio Management, LLC4.69%1,433,495272,407

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FAQ

What Is the Nexstar (NXST) Stock Price Today?

The Nexstar stock price today is 193.67 USD.

What Stock Exchange Does Nexstar Trade On?

Nexstar is listed and trades on the Nasdaq Stock Exchange.

What Is the Stock Symbol for Nexstar?

The stock symbol for Nexstar is "NXST."

What Is the Nexstar Market Cap?

As of today, Nexstar market cap is 5.74B USD.

What Is Nexstar's Earnings Per Share (TTM)?

The Nexstar EPS (TTM) is 4.82.

When Is the Next Nexstar Earnings Date?

Nexstar will release its next earnings report on Nov 05, 2026.

From a Technical Analysis Perspective, Is NXST a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.

How Many Times Has Nexstar Stock Split?

Nexstar has split 0 times.

How Many Employees Does Nexstar Have?

Nexstar has 0 employees.

What is the current trading status of Nexstar (NXST)?

As of Aug 08, 2026, Nexstar (NXST) is trading at a price of 193.67 USD, with a previous close of 187.97 USD. The stock has fluctuated within a day range of 187.59 USD to 197.60 USD, while its 52-week range spans from 154.47 USD to 254.30 USD.

What Is Nexstar (NXST) Price Target According to Analysts?

The average 12-month price target for Nexstar is 249.00 USD, with a high estimate of 290 USD and a low estimate of 205 USD. 6 analysts recommend buying the stock, while 0 suggest selling, leading to an overall rating of Strong Buy. The stock has an +28.57% Upside potential.

What Is the NXST Premarket Price?

NXST's last pre-market stock price is 188.70 USD. The pre-market share volume is 50.00, and the stock has decreased by 0.73, or 0.39%.
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