Nexstar Media Group, Inc.
Nexstar Media Group, Inc.
Your view on NXST
Overview
What the company does, where it operates, and who runs it.
About Nexstar Media Group, Inc.
- Industry
- Broadcasting
- Sector
- Communication Services
- CEO
- Perry A. Sook
- Headquarters
- 545 East John Carpenter Freeway, Irving, TX, US
- Industry
- Broadcasting
- Sector
- Communication Services
- CEO
- Perry A. Sook
- Headquarters
- 545 East John Carpenter Freeway, Irving, TX, US
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.
As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations.
The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network.
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.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Nexstar Media Group, Inc., and the rating behind it. NXST last traded at $164.75, 29.2× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Nexstar Media Group, Inc.. Starting points for Nexstar Media Group, Inc.: P/E 29.2, EPS $6.14, beta 0.93 — an Broadcasting name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Nexstar Media Group, Inc.. Nexstar Media Group, Inc. paid $7.44 per share over the last year — a 4.5% yield at the current $164.75 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Nexstar Media Group, Inc.. Trailing twelve-month EPS for Nexstar Media Group, Inc. stands at $6.14. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Nexstar Media Group, Inc.. Nexstar Media Group, Inc. has reported as a listed company since 2003. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Nexstar Media Group, Inc. valued side by side against its closest peers. Nexstar Media Group, Inc. is measured against Broadcasting peers within the Communication Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Nexstar Media Group, Inc., and how their positions are changing. At a $5.08B market value, institutional positions materially move Nexstar Media Group, Inc.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Nexstar Media Group, Inc. executives and directors. Shares of Nexstar Media Group, Inc. have traded between $141.66 and $223.36 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Nexstar Media Group, Inc.. Nexstar Media Group, Inc. is a $5.08B Communication Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Nexstar Media Group, Inc.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Nexstar Media Group, Inc.. Coverage tracks Nexstar Media Group, Inc. within Broadcasting (Communication Services). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.