Nexstar Media GroupNXST
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. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number two partner for NBC and number three for ABC. The firm maintains stations in 13 of the top 20 television markets and reaches 68% of US TV households. 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
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
100% more call options, than puts
Call options by funds: $66.8M | Put options by funds: $33.3M
33% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 8 (+2) [Q1 2025]
33% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 63
11% more repeat investments, than reductions
Existing positions increased: 166 | Existing positions reduced: 149
10% more capital invested
Capital invested by funds: $4.69B [Q4 2024] → $5.14B (+$451M) [Q1 2025]
2% more funds holding
Funds holding: 462 [Q4 2024] → 473 (+11) [Q1 2025]
0.19% less ownership
Funds ownership: 98.08% [Q4 2024] → 97.9% (-0.19%) [Q1 2025]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$200
20%
upside
Avg. target
$207
24%
upside
High target
$220
32%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Barrington Research James Goss | 20%upside $200 | Outperform Maintained | 13 May 2025 |
Benchmark Daniel Kurnos | 32%upside $220 | Buy Maintained | 9 May 2025 |
Wells Fargo Steven Cahall | 20%upside $200 | Overweight Maintained | 1 May 2025 |
Financial journalist opinion
Based on 4 articles about NXST published over the past 30 days
Neutral
Business Wire
3 days ago
Nexstar Media Group Releases New Investor Presentation
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it released a new investor presentation highlighting the Company's leading industry position, long-term record of execution and value creation, the value of the broadcast television model, and perspectives on its growth opportunities. The presentation provides additional detail for investors that are new to the Nexstar story. Highlights from the presentation include: The prospect for meaningful broadca.
Positive
Benzinga
1 week ago
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
Business Wire
2 weeks ago
28 Nexstar Television Stations Win 52 Regional Edward R. Murrow Awards for Outstanding Journalism and Exceptional Locally Produced News
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's owned and operated television stations have earned a total of 52 regional Edward R. Murrow Awards for outstanding local news.
Positive
Seeking Alpha
4 weeks ago
Nexstar Media Group, Inc.: Distribution Resilience Supports Initiation At Strong Buy
Initiate coverage on Nexstar Media Group (NXST) with a Strong Buy rating and a $239 price target, driven by resilient distribution revenue and CW turnaround. Above-consensus EPS forecasts for FY25 and FY26, supported by stable distribution revenues, cost management, and political advertising cycles. Distribution revenue stability and CW Network's shift to profitability in 2026 are key catalysts for significant earnings growth and margin improvement.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
Neutral
PRNewsWire
1 month ago
DLT ENTERTAINMENT INKS DISTRIBUTION DEALS WITH THE CW AND TCLTV+ AND EXPANDS REACH OF 80'S SITCOM FLASHBACK FAST CHANNEL
Curated Program Line-up Featuring The Iconic Zany TV Comedies of the Eighties Include "Three's Company," "Three's A Crowd," "The Ropers," "Too Close For Comfort" and "Check It Out!" Features Beloved Sitcom Stars John Ritter, Ted Knight, Suzanne Somers, Joyce DeWitt, Jeffrey Tambor, Norman Fell, Audra Lindley, Don Knotts, Audrey Meadows and Don Adams NEW YORK , May 13, 2025 /PRNewswire/ -- DLT Entertainment, the award-winning international production and distribution company, has inked distribution deals with The CW and TCLtv+, further expanding the footprint of 80's Sitcom Flashback , the first FAST Channel exclusively curated to celebrate the zany, heartwarming and addictive situation comedies that dominated primetime TV in the iconic eighties.
Neutral
Seeking Alpha
1 month ago
Nexstar Media Group, Inc. (NXST) Q1 2025 Earnings Call Transcript
Nexstar Media Group, Inc. (NASDAQ:NXST ) Q1 2025 Earnings Conference Call May 8, 2025 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Perry Sook - Founder, Chairman & Chief Executive Officer Mike Biard - President & Chief Operating Officer Lee Ann Gliha - Executive Vice President & Chief Financial Officer Conference Call Participants Dan Kurnos - Benchmark Company Steven Cahall - Wells Fargo Benjamin Soff - Deutsche Bank Aaron Watts - Deutsche Bank Jason Bazinet - Citi Patrick Sholl - Barrington Research Barton Crockett - Rosenblatt Securities Craig Huber - Huber Research Partners Alan Gould - Loop Capital Markets Operator Good day, and welcome to Nexstar Media Group's First Quarter 2025 Conference Call. Today's call is being recorded.
Neutral
Business Wire
1 month ago
Nexstar Media Group Reports First Quarter Net Revenue of $1.23 Billion
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group reports first quarter 2025 revenue of $1.23 billion, including record first quarter distribution revenue.
Neutral
Business Wire
1 month ago
Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on Monday, June 2, 2025, to shareholders of record on Monday, May 19, 2025. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. Abo.
Neutral
Business Wire
1 month ago
Nexstar Media Group to Participate in Upcoming Investor Conferences
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group will participate in the JPMorgan Technology, Media & Communications Conference and Gabelli 2025 Media & Entertainment Symposium.
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