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NXST

NXST - Nexstar Media Group Inc Stock Price, Fair Value and News

175.48USD-0.99 (-0.56%)Market Closed

Market Summary

NXST
USD175.48-0.99
Market Closed
-0.56%

NXST Alerts

  • 5 major insider sales recently.

NXST Stock Price

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NXST RSI Chart

NXST Valuation

Market Cap

5.8B

Price/Earnings (Trailing)

14.05

Price/Sales (Trailing)

1.16

EV/EBITDA

13.16

Price/Free Cashflow

9.23

NXST Price/Sales (Trailing)

NXST Profitability

EBT Margin

10.06%

Return on Equity

17.66%

Return on Assets

3.43%

Free Cashflow Yield

10.83%

NXST Fundamentals

NXST Revenue

Revenue (TTM)

5.0B

Rev. Growth (Yr)

2.15%

Rev. Growth (Qtr)

-1.53%

NXST Earnings

Earnings (TTM)

410.0M

Earnings Growth (Yr)

57.66%

Earnings Growth (Qtr)

53.51%

Breaking Down NXST Revenue

Last 7 days

0.8%

Last 30 days

15.5%

Last 90 days

6.2%

Trailing 12 Months

-4.3%

How does NXST drawdown profile look like?

NXST Financial Health

Current Ratio

1.8

Debt/Equity

2.88

Debt/Cashflow

0.12

NXST Investor Care

Dividend Yield

2.97%

Dividend/Share (TTM)

5.4

Buy Backs (1Y)

8.44%

Diluted EPS (TTM)

11.8

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20245.0B000
20235.3B5.3B5.1B4.9B
20224.7B4.9B5.0B5.2B
20214.5B4.7B4.8B4.6B
20202.8B3.0B3.5B4.5B
20192.8B2.8B2.7B2.3B
20182.5B2.5B2.6B2.8B
20171.4B1.8B2.1B2.4B
2016950.3M992.9M1.0B1.1B
2015699.2M771.6M836.9M896.4M
2014524.0M544.7M576.6M631.3M
2013407.2M444.5M480.4M502.3M
2012320.2M333.5M348.7M378.6M
2011314.7M315.6M317.3M306.5M
20100272.4M292.9M313.4M
2009000252.0M
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Tracking the Latest Insider Buys and Sells of Nexstar Media Group Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 27, 2024
morgan rachel
acquired
599,250
159
3,750
evp general counsel
Jun 27, 2024
morgan rachel
sold (taxes)
-216,529
159
-1,355
evp general counsel
Jun 18, 2024
pompadur martin
acquired
237,026
151
1,560
-
Jun 17, 2024
alford andrew
sold
-111,210
149
-746
president, broadcasting
Jun 17, 2024
zimmer dana
sold
-131,037
149
-879
see remarks
Jun 17, 2024
weitman gary
sold
-77,817
149
-522
see remarks
Jun 17, 2024
russell blake
sold
-77,966
149
-523
evp, operations
Jun 17, 2024
morgan rachel
sold
-48,300
149
-324
evp general counsel
Jun 17, 2024
gliha lee ann
sold
-111,359
149
-747
evp, chief financial officer
Jun 17, 2024
compton sean
sold
-125,223
149
-840
president, networks

1–10 of 50

Which funds bought or sold NXST recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jul 19, 2024
HARBOR INVESTMENT ADVISORY, LLC
reduced
-28.57
-1,504
3,320
-%
Jul 19, 2024
Hennion & Walsh Asset Management, Inc.
added
33.97
60,337
267,774
0.01%
Jul 19, 2024
BTC Capital Management, Inc.
reduced
-11.58
-288,511
1,660,260
0.15%
Jul 19, 2024
Demars Financial Group, LLC
new
-
765,804
765,804
0.37%
Jul 19, 2024
Venturi Wealth Management, LLC
added
63.16
1,873
5,147
-%
Jul 19, 2024
First Horizon Advisors, Inc.
reduced
-18.43
-17,799
65,467
-%
Jul 19, 2024
NISA INVESTMENT ADVISORS, LLC
reduced
-73.37
-638,749
220,461
-%
Jul 19, 2024
RAYMOND JAMES & ASSOCIATES
added
1.15
-161,288
6,202,380
-%
Jul 19, 2024
Raymond James Financial Services Advisors, Inc.
reduced
-6.13
-213,963
2,026,090
-%
Jul 19, 2024
Continuum Advisory, LLC
sold off
-100
-890
-
-%

1–10 of 50

Are Funds Buying or Selling NXST?

Are funds buying NXST calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own NXST
No. of Funds

Unveiling Nexstar Media Group Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Apr 10, 2024
vanguard group inc
10.08%
3,370,415
SC 13G/A
Mar 04, 2024
sook perry a
5.2%
1,763,952
SC 13G
Feb 13, 2024
vanguard group inc
9.56%
3,242,632
SC 13G/A
Jan 25, 2024
blackrock inc.
8.8%
2,983,603
SC 13G/A
Feb 10, 2023
neuberger berman group llc
4.49%
1,693,280
SC 13G/A
Feb 09, 2023
fmr llc
-
0
SC 13G/A
Feb 09, 2023
vanguard group inc
9.17%
3,459,083
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

Recent SEC filings of Nexstar Media Group Inc

View All Filings
Date Filed Form Type Document
Jul 01, 2024
4
Insider Trading
Jun 24, 2024
144
Notice of Insider Sale Intent
Jun 20, 2024
8-K
Current Report
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading

Peers (Alternatives to Nexstar Media Group Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
271.8B
36.3B
-7.63% 44.79%
38.31
7.49
13.00% 67.08%
174.6B
89.2B
-5.67% 11.07%
102.98
1.96
2.55% -58.87%
22.0B
23.4B
3.40% -1.81%
42.34
0.94
30.08% 51.52%
13.1B
9.0B
22.74% -56.47%
10.14
1.46
0.12% 13.46%
MID-CAP
9.0B
3.6B
19.09% -14.99%
-15.87
2.48
15.68% 14.80%
8.2B
6.2B
1.95% 16.45%
22.8
1.31
15.25% 176.08%
7.5B
30.1B
19.88% -27.55%
-171.23
0.25
-0.06% 90.16%
5.8B
5.0B
15.49% -4.34%
14.05
1.16
-5.67% -50.60%
4.7B
926.8M
7.88% 2.50%
196.55
5.09
6.42% -71.48%
2.6B
3.0B
8.15% 36.84%
7.67
0.84
16.52% 195.58%
1.5B
2.2B
-6.66% -16.31%
15.64
0.7
4.05% -29.96%
SMALL-CAP
1.5B
4.8B
3.09% -88.43%
-4.56
0.31
17.88% 62.76%
468.0M
2.6B
8.15% -20.75%
2.97
0.18
-16.47% 2147.11%
323.9K
212.2M
-96.55% -99.09%
-5e-4
0
-36.31% -323.82%

Nexstar Media Group Inc News

Latest updates
MarketBeat9 hours ago
American Banking and Market News18 Jul 202410:28 am

Nexstar Media Group Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-1.5%1,2841,3041,1321,2401,2571,4871,2691,2451,2101,2461,1571,1321,1141,3771,1189151,092369664649627
Costs and Expenses-6.0%1,0091,0731,0381,0611,0531,194913911881921880843829846775718787164542499500
Operating Expenses--------------------499500
  S&GA Expenses-5.7%271288281262266328260266248280258243243274227193218260183144142
EBITDA Margin3.0%0.19*0.18*0.20*0.25*0.27*0.30*0.38*0.35*0.33*0.30*-----------
Interest Expenses1.3%-114-115-113-111-107-103-89.00-76.00-69.00-70.40-70.40-70.10-72.10-74.50-77.26-82.25-101-106-93.20-51.36-52.96
Income Taxes27.1%61.0048.006.0035.0042.0068.0082.0072.0052.0067.0066.0071.0060.0013065.0037.0064.0054.0040.0027.0016.00
Earnings Before Taxes55.1%22814714.0011013024537029830432923527125949225413622216834.0097.0073.00
EBT Margin23.8%0.10*0.08*0.10*0.16*0.20*0.23*0.26*0.24*0.24*0.24*-----------
Net Income53.5%17511425.0096.0011120328922725226317020020136419110015765.00-5.8568.0055.00
Net Income Margin17.9%0.08*0.07*0.09*0.13*0.16*0.19*0.21*0.19*0.19*0.18*-----------
Free Cashflow58.9%232146102144458161339256490287-----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.1%11,94512,07812,04712,31012,46412,67913,09812,91613,09113,26513,28313,28813,34813,40413,29113,54013,57513,99014,1037,03213,990
  Current Assets1.9%1,4941,4661,3401,5731,6981,6151,6661,4551,4821,4131,3121,3931,3761,2101,3411,5431,5141,3521,436776744
    Cash Equivalents75.6%23713515034642722036329234220721033035616942768145124933480.00129
  Net PPE-0.4%1,2641,2691,2791,2671,2561,2621,4911,4931,5021,5131,5861,5921,6011,6051,5981,5811,5471,2901,257749740
  Goodwill0%2,9462,9462,9652,9612,9612,9613,0523,0523,0523,0523,0522,9832,9832,9612,8612,8814.002,9978962,1662,997
Liabilities-1.7%9,5999,7659,7019,7479,8119,91010,15010,04610,16910,40710,65010,66210,75710,86711,03611,33811,45911,93612,1535,0735,198
  Current Liabilities-13.5%8319618528368648939157467347877116397307316728229169481,094494430
  Long Term Debt-0.4%6,6866,7136,7426,7716,7996,8277,0537,1107,2057,3687,5067,5867,5677,6477,8607,9787,9918,3838,3933,6903,797
    LT Debt, Current0%12412412412412412412412455.0047.0041.0034.0025.0021.0023.0060.0056.0010914395.0096.00
    LT Debt, Non Current-0.4%6,6866,7136,7426,7716,7996,8277,0537,1107,2057,3687,5067,5867,5677,6477,8607,9787,9918,3838,3933,6903,797
Shareholder's Equity1.0%2,3212,2992,3322,5632,6532,7692,9482,8692,9212,8572,6332,6252,5912,5372,2552,2022,1162,0541,9501,9581,899
  Retained Earnings3.7%3,3063,1883,1203,1423,0943,0332,8642,6102,4192,2041,9641,8241,6591,4881,150984910779675702655
  Additional Paid-In Capital0.5%1,2901,2831,2691,2631,2751,2881,2711,2581,2691,3111,3351,3271,3341,3631,3511,3411,3341,3541,3471,3371,333
Shares Outstanding-1.7%33.0034.0034.0035.0037.0037.0040.0040.0041.0042.0043.0043.00---------
Minority Interest78.6%25.0014.0014.0020.0029.0028.0022.00-0.606.007.0015.0015.0017.0018.0020.0021.00-22.00---
Float----5,587---6,144---6,000,194---3,645---4,502-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations51.6%27618213818549421837629051933328614744837716030241510180.00112125
  Share Based Compensation12.5%18.0016.0017.0013.0014.0019.0017.0013.0013.0013.0012.0010.0012.0012.0012.0013.0011.0010.0011.0010.008.00
Cashflow From Investing88.9%-4.00-36.00-64.00-37.00-36.001364.007.00-22.00-38.20-150-20.30-22.80-300-61.49-29.18351-120-4,545-23.10-13.75
Cashflow From Financing-11.7%-182-163-270-215-251-497-309-347-362-298-254-153-238-333-353-42.44-564-66.834,720-137-127
  Dividend Payments23.9%57.0046.0047.0048.0050.0034.0035.0036.0037.0029.0029.0030.0030.0025.0025.0025.0026.0021.0021.0021.0021.00
  Buy Backs-111-19413917626021524815813414413812184.00125-73.00----
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NXST Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues [Abstract]  
Net revenue$ 1,284$ 1,257
Operating expenses:  
Direct operating, excluding depreciation and amortization548538
Selling, general and administrative, excluding depreciation and amortization271266
Depreciation and amortization190249
Total operating expenses1,0091,053
Income from operations275204
Income from equity method investments, net1925
Interest expense, net(114)(107)
Pension and other postretirement plans credit, net79
Gain on disposal of an investment40 
Other income (expenses), net1(1)
Income before income taxes228130
Income tax expense(61)(42)
Net income16788
Net loss attributable to noncontrolling interests823
Net income attributable to Nexstar Media Group, Inc.$ 175$ 111
Net income per common share attributable to Nexstar Media Group, Inc.:  
Basic$ 5.25$ 3.03
Diluted$ 5.16$ 2.97
Weighted average number of common shares outstanding:  
Basic (in thousands)33,44936,718
Diluted (in thousands)34,02437,448

NXST Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS (unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 237$ 135
Restricted cash and cash equivalents 12
Accounts receivable, net of allowance for credit losses of $20 and $20, respectively1,0511,095
Broadcast rights148136
Prepaid expenses and other current assets5888
Total current assets1,4941,466
Property and equipment, net1,2641,269
Goodwill2,9462,946
FCC licenses2,9292,929
Intangible assets, net2,0522,124
Investments859958
Other noncurrent assets, net401386
Total assets[1]11,94512,078
Current liabilities:  
Current portion of debt124124
Accounts payable115235
Broadcast rights payable138136
Accrued expenses315350
Operating lease liabilities4347
Other current liabilities9669
Total current liabilities831961
Debt6,6866,713
Deferred tax liabilities1,5081,520
Other noncurrent liabilities574571
Total liabilities[1]9,5999,765
Commitments and contingencies (Note 12)
Stockholders' equity:  
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of March 31, 2024 and December 31, 2023
Common stock
Additional paid-in capital1,2901,283
Accumulated other comprehensive income11
Retained earnings3,3063,188
Treasury stock - at cost; 14,244,922 and 13,681,897 shares as of March 31, 2024 and December 31, 2023, respectively(2,276)(2,173)
Total Nexstar Media Group, Inc. stockholders' equity2,3212,299
Noncontrolling interests2514
Total stockholders' equity2,3462,313
Total liabilities and stockholders' equity11,94512,078
Network affiliation agreements [Member]  
Current assets:  
Intangible assets, net1,6351,683
Other Intangible Assets [Member]  
Current assets:  
Intangible assets, net$ 417$ 441
[1]The condensed consolidated total assets as of March 31, 2024 and December 31, 2023 include certain assets held by consolidated VIEs of $299 million and $300 million, respectively, which are not available to be used to settle the obligations of Nexstar. The condensed consolidated total liabilities as of March 31, 2024 and December 31, 2023 include certain liabilities of consolidated VIEs of $148 million and $152 million, respectively, for which the creditors of the VIEs have no recourse to the general credit of Nexstar. See Note 2 for additional information.
NXST
Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. It owns, operates, programs, or provides sales and other services to various markets. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites, mobile and over-the-top applications, other 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 and other multicast network services. Further, it engages in digital business; and management of real estate assets, including leasing of owned office and production facilities. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.
 CEO
 WEBSITEnexstar.tv
 INDUSTRYEntertainment
 EMPLOYEES11666

Nexstar Media Group Inc Frequently Asked Questions


What is the ticker symbol for Nexstar Media Group Inc? What does NXST stand for in stocks?

NXST is the stock ticker symbol of Nexstar Media Group Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Nexstar Media Group Inc (NXST)?

As of Fri Jul 19 2024, market cap of Nexstar Media Group Inc is 5.76 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NXST stock?

You can check NXST's fair value in chart for subscribers.

What is the fair value of NXST stock?

You can check NXST's fair value in chart for subscribers. The fair value of Nexstar Media Group Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Nexstar Media Group Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NXST so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Nexstar Media Group Inc a good stock to buy?

The fair value guage provides a quick view whether NXST is over valued or under valued. Whether Nexstar Media Group Inc is cheap or expensive depends on the assumptions which impact Nexstar Media Group Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NXST.

What is Nexstar Media Group Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jul 19 2024, NXST's PE ratio (Price to Earnings) is 14.05 and Price to Sales (PS) ratio is 1.16. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NXST PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Nexstar Media Group Inc's stock?

In the past 10 years, Nexstar Media Group Inc has provided 0.156 (multiply by 100 for percentage) rate of return.