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USCommunication Services

Nexstar Broadcasting Group Inc (NXST)

US · Communication Services · Broadcasting

$162.34-0.81%
Last close · 2026-09-17

Latest quarter · ended 2026-06-30

Revenue
$3.08B
Revenue YoY
+150.6%
Net profit
$120.0M
Profit YoY
+23.7%
EPS
$3.61
EPS estimate
$6.54
Net margin
3.9%

EPS came in at 3.61 against a street estimate of 6.54 — a miss of 44.8%.

Key statistics

Market cap
$5.21B
P/E
32.0
Forward P/E
9.0
P/B
2.30
Book value
$73.52
EPS (TTM)
$5.28
Dividend yield
4.38%
52-week high
$249.09
52-week low
$152.95
50-day MA
$183.29
200-day MA
$198.97
Beta
0.89

Analyst view

Analysts rate Nexstar Broadcasting Group Inc a buy (7 buy, 3 hold, 0 sell out of 10) with an average price target of $246.75.

From the latest earnings call · 2026-08-06

CONFIDENT Nexstar posted record Q2 revenue ($2B) and adjusted EBITDA ($633M) boosted by TEGNA acquisition and strong political advertising. TEGNA litigation continues; trial set July 2027. Company confident in legal position and maintaining debt paydown focus. Q2 2026 Geographic breakdown not provided in call. Analysts pressed on litigation timeline, political guidance upside, and Nielsen measurement impacts. Management expressed confidence in legal merits, raised internal political expectations multiple times, and highlighted Nielsen's local impression uplift potential starting August. 2026-08-06…

Full summary in the app.

Shareholding

Insiders
6.69%
Institutions
103.05%

Largest institutional holders

FundStake
BlackRock Inc10.44%
Vanguard Portfolio Management, LLC4.65%
Dimensional Fund Advisors, Inc.4.65%
Vanguard Capital Management, LLC4.17%
Charles Schwab Investment Management Inc3.20%
LSV Asset Management3.04%
Neuberger Berman Group LLC2.94%
State Street Corp2.90%

Recent filings & reports

DocumentDate
Quarterly report · Q2 2026
NEXSTAR MEDIA GROUP, INC. - 10-Q SUMMARY (JUNE 30, 2026) HEADLINE NUMBERS • Total Assets: $17,715 million (June 30, 2026) vs. $10,846 million (Decem
2026-08-07
Results announced · Q3 2026
NEXSTAR MEDIA GROUP – Q2 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Record Q2 net revenue: $1,993 million (up 62.2% year-over-year from $1,229 million
2026-08-06
Company announcement · Q3 2026
NEXSTAR MEDIA GROUP, INC. – 8-K FILING SUMMARY HEADLINE NUMBERS • Quarterly cash dividend declared at $1.86 per share • Dividend payable on August 2
2026-08-03
Shareholder vote results · Q2 2026
NEXSTAR MEDIA GROUP, INC. – 8-K SUMMARY HEADLINE NUMBERS • Annual Stockholder Meeting held June 16, 2026 • 30,538,965 total shares issued and outsta
2026-06-16
Quarterly report · Q1 2026
NEXSTAR MEDIA GROUP, INC. – Q1 2026 10-Q SUMMARY HEADLINE NUMBERS • Total Assets: $18,103 million (March 31, 2026) vs. $10,846 million (December 31,
2026-05-08
Results announced · Q2 2026
NEXSTAR MEDIA GROUP Q1 2026 EARNINGS SUMMARY HEADLINE NUMBERS • Net Revenue: $1,396 million in Q1 2026, up 13.1% ($162 million) versus Q1 2025 ($1,2
2026-05-07
Proxy statement · Q2 2026
NEXSTAR MEDIA GROUP, INC. – 2026 PROXY STATEMENT SUMMARY WHAT SHAREHOLDERS ARE VOTING ON • Proposal 1: Election of Nine Directors – Vote to elect ni
2026-04-30
Annual report FY2025
NEXSTAR MEDIA GROUP, INC. - 10-K SUMMARY HEADLINE NUMBERS • 2025 Total Revenue: $4.9 billion (down from $5.4 billion in 2024) • Operating Cash Flow:
2026-02-27

Readable in the app.

Corporate actions

ActionDetailDate
Dividend$1.86 / share
ex-date Aug 14, 2026 · pay Aug 28, 2026
2026-08-14
Dividend$1.86 / share
ex-date May 15, 2026 · pay May 29, 2026
2026-05-15
Dividend$1.86 / share
ex-date Feb 13, 2026 · pay Feb 27, 2026
2026-02-13
Dividend$1.86 / share
ex-date Nov 12, 2025 · pay Nov 26, 2025
2025-11-12
Dividend$1.86 / share
ex-date Aug 15, 2025 · pay Aug 29, 2025
2025-08-15

Deals & corporate news

AnnouncementDate
Quarterly cash dividend of $1.86 per share declared
Nexstar Media Group announced a quarterly cash dividend of $1.86 per share, payable August 28, 2026, to shareholders of record as of August 14, 2026. This represents the company's regular qu
2026-08-03
Closed acquisition of TEGNA Inc. following regulatory approvals
Nexstar Media Group completed its acquisition of TEGNA Inc. on March 19, 2026, after receiving regulatory approvals from the FCC and DOJ. The company reported record first-quarter 2026 net r
2026-05-07
Quarterly cash dividend of $1.86 per share declared
Nexstar Media Group announced a quarterly cash dividend of $1.86 per share, payable May 29, 2026, to shareholders of record as of May 15, 2026. This represents the company's commitment to re
2026-05-01
Closes acquisition of TEGNA Inc. following FCC and DOJ approval
Nexstar Media Group has completed its acquisition of TEGNA Inc. after receiving approval from the Federal Communications Commission (FCC) and U.S. Department of Justice (DOJ). This is a sign
2026-03-20
Entered into definitive agreement to acquire TEGNA Inc. for $6.2 billion
Nexstar Media Group reported Q3 2025 net revenue of $1.20 billion, down 12.3% year-over-year, with net income of $65 million (down 63.9%) and adjusted EBITDA of $358 million (down 29.8%). Th
2025-11-06

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Data updated 2026-09-18.