NXST

Nexstar Broadcasting Group Inc
NASDAQCOMMUNICATION SERVICESBROADCASTING

Key Statistics

Market Cap
$5.69B
P/E Ratio
35.81
EPS
$5.16
Beta
0.90
52W High
$249.09
52W Low
$152.95
50-Day MA
$180.25
200-Day MA
$199.95
Dividend Yield
3.92%
Profit Margin
3.20%
Forward P/E
5.51
PEG Ratio
0.17

About Nexstar Broadcasting Group Inc

Nexstar Media Group, Inc., a broadcast television 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 is headquartered in Irving, Texas.

Official WebsiteUSAFY End: December

Fundamentals

Revenue (TTM)$5.88B
Gross Profit (TTM)$3.24B
EBITDA$1.70B
Operating Margin21.20%
Return on Equity7.43%
Return on Assets5.09%
Revenue/Share (TTM)$193.24
Book Value$73.52
Price-to-Book2.58
Price-to-Sales (TTM)0.97
EV/Revenue2.964
EV/EBITDA11.41
Quarterly Earnings Growth (YoY)18.00%
Quarterly Revenue Growth (YoY)62.20%
Shares Outstanding$30.81M
Float$28.61M
% Insiders6.69%
% Institutions102.73%

Historical Volatility

HV 10-Day
37.98%
HV 20-Day
33.48%
HV 30-Day
31.52%
HV 60-Day
37.56%
HV Rank
56.0%

Volatility is currently expanding

Analyst Ratings

Consensus ($246.75 target)
1
Strong Buy
6
Buy
1
Hold

Latest News

Nexstar Media Group Q2 Earnings Call Highlights

Nexstar Media Group NASDAQ: NXST reported record second-quarter results as revenue nearly reached $2 billion, aided by its acquisition of TEGNA, political advertising growth and higher distribution revenue.

MarketBeat8/7/2026Neutral
Nexstar Media Group Reports Record Quarterly Net Revenue of $2.0 Billion

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar" or the "Company") today reported financial results for the second quarter ended June 30, 2026 as summarized below. Please visit Nexstar's website to view the full press release. STATEMENT FROM PERRY A. SOOK, FOUNDER, CHAIRMAN AND CEO “In a record second quarter, Nexstar generated all-time high quarterly revenue driven by our acquisition of TEGNA Inc., strong political advertising revenue, incremental advertising.

Business Wire8/6/2026Neutral
Nexstar Announces Completion of ATSC 3.0 Transition in Cleveland, Marking Upgrade in Final Major U.S. Market

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the successful launch of ATSC 3.0 (NextGen TV) in the Cleveland, Ohio, television market, with the next-generation broadcast standard now deployed across all of the top 25 U.S. designated market areas (DMAs). As the largest remaining market yet to deploy ATSC 3.0, Cleveland had been unable to launch due to structural limitations in available broadcast spectrum and station participation. However, following.

Business Wire7/23/2026Neutral
Nexstar to Launch Daily Primetime Local Newscasts on Stations in Dallas and Phoenix

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NXST: NASDAQ), today announced that it will launch primetime newscasts Monday through Sunday in Dallas and Phoenix in mid-August, bringing local news content to millions of new viewers in two of the nation's top-12 markets. In Dallas, where Nexstar owns KDAF-TV (CW33), the new newscasts will air at 9 p.m. local time, following programming on The CW Network. In Phoenix, where Nexstar provides services to KAZT-TV (CW7 Arizona) under a Tim.

Business Wire7/22/2026Neutral
The Hill Launches “The Hill Insider,” a New Premium Digital Subscription Service

WASHINGTON--(BUSINESS WIRE)--The Hill, the nation's leading digital-first political news brand, today announced the launch of “The Hill Insider,” a new premium digital subscription service offering readers access to exclusive high-quality editorial content and one-of-a-kind experiences beginning July 8th. The Hill Insider will feature premium newsletters, live interactive video calls with The Hill's journalists and editors, and daily deep-dive reporting that enables readers to get closer to the.

Business Wire7/8/2026Neutral

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Data last updated: 8/18/2026