Inside the research
Nexstar Media Group, Inc.
NXST Research profile · latest available data
Price overview
$162.10
▲ +0.57 (+0.4%)
| 52w hi | $248.77 |
|---|---|
| 52w lo | $153.17 |
| Vol | 287.30K |
| As of | 25 Sep 2026 |
The Verdict
Our score -0.19
| Short | -0.37 |
|---|---|
| Medium | -0.18 |
| Long | +0.12 |
computed 2026-09-27
Key fundamentals
Nexstar Media Group, Inc.
Communication Services · Broadcasting
| Market cap | $4.99B |
|---|---|
| Enterprise value | $16.86B |
| Trailing P/E | 30.70x |
| Forward P/E | 6.96x |
| EV / EBITDA | 9.92x |
| P / S (ttm) | 0.85x |
| Profit margin | 3.2% |
| Return on equity | 7.4% |
| Revenue growth | +62.2% |
| Earnings growth | +18.0% |
| Debt / equity | 533.79 |
Layer Breakdown
| Layer | Raw | Contribution |
|---|---|---|
| Fundamental | +0.28 | |
| Sector | +0.03 | |
| Technical | -0.27 | |
| Earnings | +0.00 | |
| Sentiment | +0.00 |
macro × 1.00 · 2026-09-27
Business overview
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 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. Further, its digital assets include 125 local websites, 229 mobile applications, 110 connected television applications, television channels from The CW and The Hill, BestReviews, and advertising solutions. Additionally, the company engages in the digital business. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. Nexstar Media Group, Inc. was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. The company was founded in 1996 and is headquartered in Irving, Texas.
Risk Metrics
| Beta vs SPX | 0.80 |
|---|---|
| Corr SPX | 0.36 |
| Annual vol | 35.5% |
| Annual ret | +5.0% |
| Sharpe | 0.14 |
| Max DD | -39.0% |
Window: 504 trading days (504 obs)
Material Events
| Date | Event | 8-K |
|---|---|---|
| 2026-08-06 | Earnings Release, Exhibits | read |
| 2026-08-03 | Other Material Event, Exhibits | read |
| 2026-06-16 | Shareholder Vote, Reg FD Disclosure | read |
| 2026-05-07 | Earnings Release, Exhibits | read |
| 2026-05-01 | Other Material Event, Exhibits | read |
| 2026-04-02 | Material Agreement, Material Obligation… | read |
| 2026-03-30 | Material Agreement, Termination of Agreement… | read |
| 2026-03-20 | Reg FD Disclosure, Exhibits | read |
| 2026-03-20 | Material Agreement, Acquisition / Disposition… | read |
| 2026-02-26 | Earnings Release, Exhibits | read |
| 2026-02-03 | Other Material Event, Exhibits | read |
| 2025-11-06 | Earnings Release, Exhibits | read |
Flow & Concentration
| Insider 180d net | $0 |
|---|---|
| Insider buys / sells | 0 / 0 |
| Insider bias | Neutral |
| 13F holders | 8 |
| Top-5 share | 93.2% |
| HHI | 2,154 (moderate) |
Top Holders
| Holder | Value | Shares |
|---|---|---|
| State Street Corp | $168.74M | 944.84K |
| Fidelity / FMR LLC | $167.00M | 935.09K |
| Capital Research / Capital World | $83.50M | 467.54K |
| AQR Capital Management | $76.64M | 433.72K |
| Millennium Management | $45.77M | 256.31K |
| Citadel Advisors | $38.06M | 213.09K |
| Bridgewater Associates | $1.41M | 7.91K |
| T. Rowe Price Group | $49.98K | 279.87K |
As of 2026-06-30
Dividends
| Yield (TTM) | 2.29% |
|---|---|
| $ / share (TTM) | $3.72 |
| 5y CAGR | +27.1% |
Annual dividend per share
| 2021 | $2.80 |
|---|---|
| 2022 | $3.60 |
| 2023 | $5.40 |
| 2024 | $6.76 |
| 2025 | $7.44 |
| 2026 | $1.86 |
SEC Filings
The Long Run
FY 2012–2025 · 14 years
| Line | Latest | CAGR | Trend |
|---|---|---|---|
| Revenue | $4.95B | +26.1% | |
| Operating income | $849.00M | +31.8% | |
| Net income | $109.00M | +31.8% | |
| Cash from ops | $999.00M | +32.4% |
Indices
Recent Sessions
| Date | Open | High | Low | Close | Vol |
|---|---|---|---|---|---|
| Sep 25 | $161.19 | $162.33 | $159.33 | $162.10 | 287.30K |
| Sep 24 | $164.47 | $166.54 | $159.85 | $161.53 | 356.70K |
| Sep 23 | $167.53 | $168.99 | $164.05 | $165.57 | 341.50K |
| Sep 22 | $167.92 | $171.53 | $164.16 | $167.53 | 310.20K |
| Sep 21 | $157.67 | $168.99 | $157.67 | $166.15 | 402.80K |
Understand the score. Research layers are inputs to a model, and the available data has limits.
Read the methodology →