Nexstar Media Group, Inc. (NXST)
| Market Cap | 6.19B +34.5% |
| Revenue (ttm) | 5.11B -4.6% |
| Net Income | 148.00M -74.8% |
| EPS | 4.76 -75.8% |
| Shares Out | 30.54M |
| PE Ratio | 42.58 |
| Forward PE | 7.97 |
| Dividend | $7.44 (3.67%) |
| Ex-Dividend Date | May 15, 2026 |
| Volume | 406,272 |
| Open | 194.52 |
| Previous Close | 194.52 |
| Day's Range | 191.12 - 204.06 |
| 52-Week Range | 160.00 - 254.30 |
| Beta | 0.96 |
| Analysts | Strong Buy |
| Price Target | 259.13 (+27.78%) |
| Earnings Date | May 7, 2026 |
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]
Financial Performance
In 2025, Nexstar Media Group's revenue was $4.95 billion, a decrease of -8.47% compared to the previous year's $5.41 billion. Earnings were $92.00 million, a decrease of -86.89%.
Financial StatementsAnalyst Summary
According to 8 analysts, the average rating for NXST stock is "Strong Buy." The 12-month stock price target is $259.13, which is an increase of 27.78% from the latest price.
News
Nexstar reports Q1 EPS $5.09 vs. $3.37 last year
Reports Q1 revenue $1.4B, consensus $1.26B. “Next month marks the thirtieth anniversary of Nexstar’s (NXST) founding – a journey that began with a single station in Scranton, Pennsylvania. While the
Nexstar CEO Perry Sook Says Legal Battle Over Tegna Merger Is “A Fight Worth Having”
Nexstar CEO Perry Sook began the company's first quarter earnings call Thursday with a 5-minute update on the company's efforts to fend off a legal challenge to its $6.2 billion merger with rival Tegn...
Nexstar Media Group Earnings Call Transcript: Q1 2026
Record Q1 2026 revenue and EBITDA were driven by the TEGNA acquisition and strong political ad spending, while ongoing litigation delays full integration. The CW and NewsNation showed robust growth, and capital allocation focused on debt reduction and dividends.
Nexstar Media Group Reports First Quarter Results
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar" or the "Company") today reported financial results for the first quarter ended March 31, 2026 as summarized below. P...
Massachusetts AG joins coalition challenging Nexstar-Tegna merger
Massachusetts Attorney General Andrea Joy Campbell joined a bipartisan coalition of 13 attorneys general in filing an amended complaint against Nexstar Media (NXST) and Tegna (TGNA) in the ongoing cha...
Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The divi...
More states join legal challenge to Nexstar, Tegna merger
Five more U.S. states are joining an antitrust lawsuit challenging Nexstar's acquisition of rival broadcaster Tegna after a judge temporarily blocked the deal from proceeding, California's attorney ...
CW Network announces partnership with Roku for next-day streaming
The CW Network, 81% owned by Nexstar Media Group (NXST), and Roku (ROKU) announced a partnership launching in Fall 2026 that will bring CW entertainment programming to The Roku Channel
CW Network, ESPN to stream more than 800 hours of events on ESPN app
The CW Network (NXST) and ESPN (DIS) are teaming up to make the ESPN App the exclusive streaming home for all CW Sports live events. All CW Sports will broadcast
The CW Network and ESPN Team Up to Stream More Than 800 Hours of Live Events From CW Sports on the ESPN App
BURBANK, Calif.--(BUSINESS WIRE)--The CW Network and ESPN team up to make the ESPN App the exclusive streaming home for all CW Sports live events.
The CW Network Sets Partnership With the Roku Channel for Next-Day Streaming of CW Entertainment Programming
BURBANK, Calif. & SAN JOSE, Calif.--(BUSINESS WIRE)--A new partnership between the CW Network and Roku will bring CW entertainment programming to The Roku Channel for next-day streaming in Fall 2026.
Nexstar Media Charitable Foundation Announces “30 Days of Giving,” $150,000 Initiative to Celebrate Company's 30th Anniversary
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that the Nexstar Media Charitable Foundation will launch “30 Days of Giving” during the month of June to mark ...
Nexstar-Tegna Deal Questions Largely Dodged By FCC Media Bureau Officials At NAB Show Panel
The $6.2 billion merger of Nexstar and Tegna, a game-changing deal poised to reshape the media business, has been on the lips of many NAB Show attendees this week. But a panel Monday afternoon with th...
Federal Court Temporarily Halts $6.2 Billion Nexstar-Tegna Merger
U.S. District Judge Troy Nunley issued a preliminary injunction on Friday, citing antitrust concerns.
Nexstar says will appeal preliminary injunction on Tegna merger
Nexstar (NXST) released a statement after a judge issued a preliminary injunction issued in connection with the company’s acquisition of Tegna, which reads: “This transaction closed more than four wee...
Judge Halts Nexstar-Tegna TV Station Merger
A federal judge granted a preliminary injunction against the broadcast merger, saying it was likely to violate the Clayton Act.
Nexstar Decries $6.2B Tegna Deal Being Blocked By Judge, Vows Appeal
Thwarted today in what looked to be a Donald Trump approved $6.2 billion local station mega-deal to merge with Tegna, Nexstar are vowing to march forward in the courts.
Nexstar Media Group, Inc., Statement on Preliminary Injunction
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group releases statement on the preliminary injunction issued in connection with the company's acquisition of TEGNA Inc.
Nexstar-Tegna Merger Frozen As Antitrust Battle Continues; CA AG Says “This Merger Is Illegal, Plain & Simple”
A federal judge just put a halt to Nexstar's proposed $6.2 billion merger with Tegna, putting in doubt the combination of the companies to create a broadcast station giant – at least for now U.S.
Judge Eases Some Provisions Of His Order Blocking Nexstar-Tegna Merger, Extends TRO Another Week
A federal judge eased some of the restrictions on his order that at least temporarily blocked Nexstar's merger with Tegna, but he also extended the freeze on the transaction for another week. U.S.
US judge extends temporary order halting Nexstar, Tegna merger
A U.S. judge on Friday extended an order temporarily freezing Nexstar's acquisition of rival broadcast station owner Tegna for another week as he decides whether to issue a preliminary injunction.
Citi upgrades Nexstar to Buy following recent selloff
Citi last night upgraded Nexstar (NXST) to Buy from Neutral with a price target of $220, down from $252. The firm believes the Street has become too bearish on the
Nexstar upgraded to Buy from Neutral at Citi
Citi analyst Jason Bazinet upgraded Nexstar (NXST) to Buy from Neutral with a price target of $220, down from $252.
Nexstar Media Group to Report 2026 First Quarter Financial Results, Host Conference Call and Webcast on May 7
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2026 first quarter financial results on Thursday, May 7, 2026. The Company will host a ...
Nexstar Tells Judge Aspects Of Tegna Merger “Cannot Be Reversed”
Nexstar weighed in for the first time on a judge's order that halted its merger with Tegna, warning the court that it will have difficulty fully complying because certain aspects of the closed transac...