Last 7 days
-5.1%
Last 30 days
-11.8%
Last 90 days
-11.2%
Trailing 12 Months
-24.9%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-06 | Grossman Jay M. | acquired | 920,600 | 46.03 | 20,000 | - |
2023-08-31 | Carter Thomas | acquired | 230,150 | 46.03 | 5,000 | senior advisor |
2023-08-31 | Carter Thomas | sold | -827,502 | 165 | -5,000 | senior advisor |
2023-08-15 | Gliha Lee Ann | sold | -145,629 | 160 | -910 | evp, chief financial officer |
2023-08-13 | Gliha Lee Ann | acquired | 405,225 | 162 | 2,500 | evp, chief financial officer |
2023-08-01 | SOOK PERRY A | acquired | - | - | - | chief executive officer |
2023-08-01 | SOOK PERRY A | sold (taxes) | -4,480,780 | 182 | -24,594 | chief executive officer |
2023-08-01 | SOOK PERRY A | acquired | 11,386,900 | 182 | 62,500 | chief executive officer |
2023-06-28 | Morgan Rachel | sold | -153,450 | 163 | -937 | evp general counsel |
2023-06-27 | Morgan Rachel | acquired | 629,569 | 167 | 3,750 | evp general counsel |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-08-30 | Western Wealth Management, LLC | added | 14.76 | 70,136 | 725,179 | 0.06% |
2023-08-28 | DELPHI MANAGEMENT INC /MA/ | new | - | 1,346,000 | 1,346,000 | 1.40% |
2023-08-24 | Alberta Investment Management Corp | unchanged | - | -88,595 | 2,414,980 | 0.02% |
2023-08-23 | Stonebridge Capital Advisors LLC | reduced | -63.64 | -6,224 | 3,331 | -% |
2023-08-23 | WOLVERINE TRADING, LLC | new | - | 295,709 | 295,709 | -% |
2023-08-22 | COMERICA BANK | new | - | 35,000 | 35,000 | -% |
2023-08-22 | Asset Dedication, LLC | new | - | 7,000 | 7,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | reduced | -13.74 | -379,831 | 1,882,020 | 0.02% |
2023-08-21 | JOHN G ULLMAN & ASSOCIATES INC | reduced | -2.86 | -340,375 | 5,055,620 | 0.78% |
2023-08-21 | BOKF, NA | sold off | -100 | -1,381 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Feb 10, 2023 | neuberger berman group llc | 4.49% | 1,693,280 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 9.17% | 3,459,083 | SC 13G/A | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 03, 2023 | blackrock inc. | 8.9% | 3,369,622 | SC 13G | |
Feb 14, 2022 | neuberger berman group llc | 5.10% | 2,085,124 | SC 13G/A | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A | |
Feb 16, 2021 | park west asset management llc | 1.4% | 624,000 | SC 13G/A | |
Feb 11, 2021 | neuberger berman group llc | 5.00% | 2,200,583 | SC 13G/A | |
Feb 10, 2021 | vanguard group inc | 8.52% | 3,751,392 | SC 13G/A | |
Feb 08, 2021 | fmr llc | - | 0 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 07, 2023 | 4 | Insider Trading | |
Sep 05, 2023 | 4 | Insider Trading | |
Aug 31, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 22, 2023 | 3 | Insider Trading | |
Aug 15, 2023 | 144 | Notice of Insider Sale Intent | |
Aug 15, 2023 | 4 | Insider Trading | |
Aug 10, 2023 | 4 | Insider Trading | |
Aug 08, 2023 | 8-K | Current Report | |
Aug 08, 2023 | 10-Q | Quarterly Report | |
Aug 03, 2023 | 4 | Insider Trading |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CHTR | 67.3B | 54.5B | 6.69% | 23.48% | 14.05 | 1.23 | 2.60% | -15.83% |
SIRI | 15.8B | 9.0B | -6.36% | -29.66% | 13.71 | 1.77 | 0.44% | -8.55% |
MID-CAP | ||||||||
NYT | 6.8B | 2.4B | -2.30% | 40.39% | 38.81 | 2.89 | 7.76% | -7.72% |
NXST | 5.0B | 5.3B | -11.83% | -24.95% | 7.19 | 0.96 | 8.13% | -23.40% |
CABO | 3.6B | 1.7B | -2.92% | -36.18% | 34.18 | 2.14 | -1.31% | -70.36% |
DISH | 3.4B | 16.0B | 0.16% | -60.33% | 1.87 | 0.21 | -8.20% | -13.13% |
SMALL-CAP | ||||||||
ATUS | 1.5B | 9.4B | 10.82% | -57.43% | -384.5 | 0.16 | -6.01% | -100.49% |
SBGI | 768.6M | 3.3B | -23.56% | -49.69% | 4.47 | 0.23 | -34.89% | -93.14% |
IHRT | 507.2M | 3.8B | -0.58% | -65.62% | -0.38 | 0.13 | 1.55% | -1758.48% |
AMCX | 505.9M | 3.0B | 1.32% | -50.39% | -81.95 | 0.17 | -0.73% | -101.96% |
UONE | 359.0M | 484.6M | 1.38% | -10.26% | 8.5 | 0.74 | 10.07% | 1.46% |
EVC | 328.3M | 1.0B | -3.36% | -17.98% | 34.51 | 0.31 | 23.24% | -66.15% |
TSQ | 148.2M | 465.3M | -7.95% | 15.24% | 13.04 | 0.33 | 4.78% | -97.25% |
CMLS | 74.8M | 900.6M | 3.42% | -45.04% | -5.32 | 0.08 | -6.07% | -126.59% |
16%
17.5%
13.6%
14.2%
62.3%
21.1%
19.6%
Y-axis is the maximum loss one would have experienced if Nexstar Media Group was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | -0.1% | 5,253 | 5,258 | 5,211 | 4,970 | 4,858 | 4,745 | 4,648 | 4,779 | 4,740 | 4,523 | 4,501 | 4,225 | 3,770 | 3,504 | 3,039 | 2,737 | 2,767 | 2,778 | 2,767 | 2,622 | 2,541 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,024 | 2,011 | 2,009 | 2,001 | 1,987 |
S&GA Expenses | -0.4% | 1,116 | 1,120 | 1,102 | 1,055 | 1,052 | 1,029 | 1,024 | 1,018 | 986 | 937 | 912 | 899 | 855 | 806 | 730 | 628 | 586 | 580 | 580 | 561 | 562 |
EBITDA | -100.0% | - | 1,541 | 1,543 | 1,584 | 1,047 | 1,477 | 1,278 | 1,558 | 1,566 | 1,263 | 1,197 | 736 | 500 | 493 | 393 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.29* | 0.30* | 0.32* | 0.22* | 0.31* | 0.27* | 0.33* | 0.33* | 0.28* | 0.27* | 0.17* | 0.13* | 0.14* | 0.13* | - | - | - | - | - | - |
Interest Expenses | -9.3% | -410 | -375 | -336 | -303 | -285 | -279 | -282 | -287 | -293 | -306 | -335 | -367 | -383 | -352 | -304 | -251 | -214 | -219 | -220 | -219 | -217 |
Earnings Before Taxes | -18.0% | 855 | 1,043 | 1,217 | 1,300 | 1,166 | 1,138 | 1,093 | 1,257 | 1,276 | 1,141 | 1,105 | 780 | 560 | 522 | 373 | 418 | 519 | 541 | 533 | 407 | 346 |
EBT Margin | -100.0% | - | 0.20* | 0.23* | 0.26* | 0.24* | 0.24* | 0.24* | 0.26* | 0.27* | 0.25* | 0.25* | 0.18* | 0.15* | 0.15* | 0.12* | - | - | - | - | - | - |
Net Income | -15.8% | 699 | 830 | 971 | 1,032 | 913 | 886 | 835 | 935 | 956 | 855 | 811 | 560 | 364 | 332 | 230 | 270 | 377 | 396 | 389 | 615 | 561 |
Net Income Margin | -100.0% | - | 0.16* | 0.19* | 0.21* | 0.19* | 0.19* | 0.18* | 0.20* | 0.20* | 0.19* | 0.18* | 0.13* | 0.10* | 0.09* | 0.08* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 1,214 | 1,246 | 1,373 | 1,281 | 1,138 | 1,064 | 1,106 | 964 | 1,098 | 1,037 | 722 | 657 | 479 | 220 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -1.2% | 12,310 | 12,464 | 12,679 | 13,098 | 12,916 | 13,091 | 13,265 | 13,283 | 13,288 | 13,348 | 13,404 | 13,291 | 13,540 | 13,575 | 13,990 | 14,103 | 7,032 | 13,990 | 7,062 | 7,119 | 7,119 |
Current Assets | -7.4% | 1,573 | 1,698 | 1,615 | 1,666 | 1,455 | 1,482 | 1,413 | 1,312 | 1,393 | 1,376 | 1,210 | 1,341 | 1,543 | 1,514 | 1,352 | 1,436 | 776 | 744 | 767 | 766 | 717 |
Cash Equivalents | -16.2% | 346 | 413 | 204 | 347 | 292 | 342 | 207 | 210 | 330 | 356 | 169 | 427 | 681 | 451 | 249 | 334 | 80.00 | 129 | 145 | 118 | 148 |
Net PPE | 0.9% | 1,267 | 1,256 | 1,262 | 1,491 | 1,493 | 1,502 | 1,513 | 1,586 | 1,592 | 1,601 | 1,605 | 1,598 | 1,581 | 1,547 | 1,290 | 1,257 | 749 | 740 | 732 | 724 | 720 |
Goodwill | 0% | 2,961 | 2,961 | 2,961 | 3,052 | 3,052 | 3,052 | 3,052 | 3,052 | 2,983 | 2,983 | 2,961 | 2,861 | 2,881 | 4.00 | 2,997 | 896 | 2,166 | 2,997 | 2,168 | 2,187 | 2,185 |
Liabilities | -0.7% | 9,747 | 9,811 | 9,910 | 10,150 | 10,046 | 10,169 | 10,407 | 10,650 | 10,662 | 10,757 | 10,867 | 11,036 | 11,338 | 11,459 | 11,936 | 12,153 | 5,073 | 5,198 | 5,193 | 5,367 | 5,477 |
Current Liabilities | -3.2% | 836 | 864 | 893 | 915 | 746 | 734 | 787 | 711 | 639 | 730 | 731 | 672 | 822 | 916 | 948 | 1,094 | 494 | 430 | 404 | 367 | 295 |
LT Debt, Current | 0% | 124 | 124 | 124 | 124 | 124 | 55.00 | 47.00 | 41.00 | 34.00 | 25.00 | 21.00 | 23.00 | 60.00 | 56.00 | 109 | 143 | 95.00 | 96.00 | 96.00 | 42.00 | 42.00 |
LT Debt, Non Current | -0.4% | 6,771 | 6,799 | 6,827 | 7,053 | 7,110 | 7,205 | 7,368 | 7,506 | 7,586 | 7,567 | 7,647 | 7,860 | 7,978 | 7,991 | 8,383 | 8,393 | 3,690 | 3,797 | 3,885 | 4,106 | 4,246 |
Shareholder's Equity | -4.1% | 2,543 | 2,653 | 2,741 | 2,926 | 2,869 | 2,921 | 2,856 | 2,633 | 2,625 | 2,591 | 2,537 | 2,255 | 2,202 | 2,116 | 2,054 | 1,950 | 1,958 | 1,899 | 1,869 | 1,752 | 1,642 |
Retained Earnings | 1.6% | 3,142 | 3,094 | 3,033 | 2,864 | 2,610 | 2,419 | 2,204 | 1,964 | 1,824 | 1,659 | 1,488 | 1,150 | 984 | 910 | 779 | 675 | 702 | 655 | 620 | 484 | 401 |
Additional Paid-In Capital | -0.9% | 1,263 | 1,275 | 1,288 | 1,271 | 1,258 | 1,269 | 1,311 | 1,335 | 1,327 | 1,334 | 1,363 | 1,351 | 1,341 | 1,334 | 1,354 | 1,347 | 1,337 | 1,333 | 1,352 | 1,344 | 1,338 |
Shares Outstanding | -1.7% | 35.00 | 36.00 | 37.00 | 38.00 | 40.00 | 41.00 | 41.00 | 42.00 | 43.00 | 43.00 | 44.00 | 45.00 | 45.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 | 46.00 |
Minority Interest | -31.0% | 20.00 | 29.00 | 28.00 | 22.00 | -0.60 | 6.00 | 7.00 | 15.00 | 15.00 | 17.00 | 18.00 | 20.00 | 21.00 | - | 22.00 | - | - | - | - | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | -7.6% | 1,273 | 1,378 | 1,403 | 1,518 | 1,428 | 1,286 | 1,215 | 1,258 | 1,133 | 1,287 | 1,254 | 979 | 898 | 708 | 417 | 566 | 656 | 682 | 737 | 533 | 315 |
Share Based Compensation | 0% | 63.00 | 63.00 | 62.00 | 56.00 | 51.00 | 48.00 | 47.00 | 47.00 | 47.00 | 49.00 | 48.00 | 46.00 | 44.00 | 41.00 | 39.00 | 37.00 | 34.00 | 33.00 | 31.00 | 29.00 | 27.00 |
Cashflow From Investing | -39.6% | 67.00 | 111 | 125 | -49.20 | -204 | -231 | -232 | -493 | -404 | -413 | -39.80 | 140 | -4,343 | -4,337 | -4,702 | -4,608 | -101 | -88.23 | -175 | -173 | 325 |
Cashflow From Financing | 9.4% | -1,272 | -1,404 | -1,515 | -1,317 | -1,262 | -1,069 | -945 | -980 | -1,079 | -968 | -1,293 | -1,026 | 4,046 | 3,951 | 4,388 | 4,258 | -622 | -574 | -531 | -377 | -578 |
Dividend Payments | 7.5% | 167 | 155 | 142 | 137 | 131 | 125 | 118 | 114 | 110 | 106 | 101 | 97.00 | 93.00 | 88.00 | 83.00 | 79.00 | 76.00 | 72.00 | 69.00 | 65.00 | 62.00 |
Buy Backs | -12.1% | 790 | 899 | 881 | 755 | 684 | 574 | 537 | 488 | 468 | 330 | 282 | 263 | 145 | 290 | 45.00 | - | - | - | 51.00 | 51.00 | 91.00 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($) shares in Thousands, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
Revenues [Abstract] | ||||
Net revenue | $ 1,240 | $ 1,245 | $ 2,497 | $ 2,455 |
Operating expenses (income): | ||||
Direct operating expenses, excluding depreciation and amortization | 537 | 502 | 1,075 | 992 |
Selling, general and administrative expenses, excluding depreciation and amortization | 262 | 266 | 528 | 514 |
Depreciation and amortization expense | 262 | 143 | 511 | 288 |
Other | (2) | |||
Total operating expenses | 1,061 | 911 | 2,114 | 1,792 |
Income from operations | 179 | 334 | 383 | 663 |
Income from equity method investments, net | 32 | 36 | 57 | 74 |
Interest expense, net | (111) | (76) | (218) | (145) |
Pension and other postretirement plans credit, net | 10 | 11 | 19 | 22 |
Other expenses, net | (7) | (1) | (12) | |
Income before income taxes | 110 | 298 | 240 | 602 |
Income tax expense | (35) | (72) | (77) | (124) |
Net income | 75 | 226 | 163 | 478 |
Net loss attributable to noncontrolling interests | 21 | 1 | 44 | 1 |
Net income attributable to Nexstar Media Group, Inc. | $ 96 | $ 227 | $ 207 | $ 479 |
Net income per common share attributable to Nexstar Media Group, Inc.: | ||||
Basic | $ 2.68 | $ 5.66 | $ 5.71 | $ 11.8 |
Diluted | $ 2.64 | $ 5.56 | $ 5.61 | $ 11.54 |
Weighted average number of common shares outstanding: | ||||
Basic (in thousands) | 35,788 | 40,203 | 36,250 | 40,572 |
Diluted (in thousands) | 36,314 | 40,928 | 36,878 | 41,454 |
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
Current assets: | ||||
Cash and cash equivalents | $ 346 | $ 204 | ||
Restricted cash and cash equivalents | 14 | 16 | ||
Accounts receivable, net of allowance for credit losses of $18 and $18, respectively | 944 | 1,080 | ||
Broadcast rights | 114 | 194 | ||
Prepaid expenses and other current assets | 155 | 121 | ||
Total current assets | 1,573 | 1,615 | ||
Property and equipment, net | 1,267 | 1,262 | ||
Goodwill | 2,961 | 2,961 | ||
FCC licenses | 2,910 | 2,910 | ||
Intangible assets, net | 2,287 | 2,434 | ||
Investments | 927 | 1,119 | ||
Other noncurrent assets, net | 385 | 378 | ||
Total assets | [1] | 12,310 | 12,679 | |
Current liabilities: | ||||
Current portion of debt | 124 | 124 | ||
Accounts payable | 127 | 198 | ||
Broadcast rights payable | 125 | 151 | ||
Accrued expenses | 333 | 319 | ||
Operating lease liabilities | 49 | 50 | ||
Other current liabilities | 78 | 51 | ||
Total current liabilities | 836 | 893 | ||
Debt | 6,771 | 6,827 | ||
Deferred tax liabilities | 1,586 | 1,606 | ||
Other noncurrent liabilities | 554 | 584 | ||
Total liabilities | [1] | 9,747 | 9,910 | |
Commitments and contingencies (Note 13) | ||||
Stockholders' equity: | ||||
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of June 30, 2023 and December 31, 2022 | ||||
Common stock | ||||
Additional paid-in capital | 1,263 | 1,288 | ||
Accumulated other comprehensive income | 27 | 27 | ||
Retained earnings | 3,142 | 3,033 | ||
Treasury stock - at cost; 11,901,423 and 10,472,637 shares as of June 30, 2023 and December 31, 2022, respectively | (1,889) | (1,607) | ||
Total Nexstar Media Group, Inc. stockholders' equity | 2,543 | 2,741 | ||
Noncontrolling interests | 20 | 28 | ||
Total stockholders' equity | 2,563 | 2,769 | ||
Total liabilities and stockholders' equity | 12,310 | 12,679 | ||
Network affiliation agreements [Member] | ||||
Current assets: | ||||
Intangible assets, net | 1,777 | 1,871 | ||
Other Intangible Assets [Member] | ||||
Current assets: | ||||
Intangible assets, net | $ 510 | $ 563 | ||
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