Nexstar Media Group
NXST
About: Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. Pending approval, Nexstar's merger with Tegna would bring Nexstar's station total to 259 in 133 markets, reaching 80% of the US population. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
Employees: 13,005
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
13% more repeat investments, than reductions
Existing positions increased: 176 | Existing positions reduced: 156
2.91% more ownership
Funds ownership: 97.93% [Q1] → 100.84% (+2.91%) [Q2]
2% more capital invested
Capital invested by funds: $5.14B [Q1] → $5.26B (+$124M) [Q2]
5% less funds holding
Funds holding: 475 [Q1] → 453 (-22) [Q2]
20% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 76
38% less funds holding in top 10
Funds holding in top 10: 8 [Q1] → 5 (-3) [Q2]
66% less call options, than puts
Call options by funds: $14.7M | Put options by funds: $43.8M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
|
Guggenheim
Curry Baker
|
$250
|
Buy
Maintained
|
20 Aug 2025 |
|
Barrington Research
Patrick W. Sholl
|
$225
|
Outperform
Maintained
|
19 Aug 2025 |
|
Wells Fargo
Steven Cahall
|
$250
|
Overweight
Maintained
|
8 Aug 2025 |
|
Benchmark
Daniel Kurnos
|
$225
|
Buy
Maintained
|
8 Aug 2025 |
|
Barrington Research
James Goss
|
$200
|
Outperform
Maintained
|
30 Jul 2025 |
Financial journalist opinion
Based on 15 articles about NXST published over the past 30 days
