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NXST

Nexstar Media Group, Inc.

NXST

NASDAQ·Communication Services·Broadcasting·Mkt cap $5.4B

$176.82

-0.48%

P/E

31.58

Mkt Cap

$5.4B

52-Wk Range

$154.47–$254.30

52-Week Range

$154.47 - $254.30

P/E

31.58

Fwd P/E

5.75

Beta

0.90

Div Yield

4.19%

Avg Vol

371.4K

Shares Out

30.5M

Mkt Cap

$5.4B

Price action

Price chart

Down 14.0% over the trailing year

Total returns

Price performance

Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.

Why we rate it this way

The thesis at a glance

Bull and bear case · plain-English context across the five lenses we evaluate.

Bull Case

4 reasons

  • Largest television station portfolio in the U.S. with extensive market coverage
  • Multi-platform advertising ecosystem combining broadcast, digital, and mobile channels
  • Strong relationships with major broadcast networks (ABC, NBC, FOX, CBS)
  • Established local market presence enabling targeted advertising and community engagement

Bear Case

1 risk

  • Average volatility.

Growth

Strong growth ahead

Digital advertising platform expansion and monetization improvements

Value

Deep value opportunity - significant discount to sector peers

Momentum

Stable

-1.9% over 3m

Quality

Strong

Strong fundamentals

Dividend

Solid

4.19% yield

Earnings track record

Recent earnings results

AI-summarized recap of last quarter, plus the surprise on every print.

Next: Nov 5, 2026

Q3 26 RECAP

AUG 6, 2026

Reported EPS of $3.61 vs $5.98 consensus (-39.6% surprise). Revenue of $2.0B vs $2.0B expected (+1.1%).

EPS miss
Rev beat +1.1%

EPS surprise · last 4Q

0 of 1 beats

Estimate

Actual

Q3 26

-39.6%

Revenue trend · last 8Q

-3%

-12%

-13%

+13%

+62%

Q3 24

Q4 24

Q1 25

Q2 25

Q3 25

Q4 25

Q1 26

Q2 26

$1.4B

$1.5B

$1.2B

$1.2B

$1.2B

$1.3B

$1.4B

$2.0B

Margins · last 8Q

Gross

18.2%

Operating

18.2%

Profit

6.0%

Wall Street consensus

5 analysts · 100% Buy

Live ratings and price targets aggregated across covering analysts.

Buy

5

100%

Hold

0%

Sell

0%

Median Price Target

Latest: Deutsche Bank · Aug 10, 2026

vs Industry

How NXST stacks vs Broadcasting

Stock metrics vs industry averages. Green = better than industry.

Industry comparison data unavailable for this stock.