NXST - Nexstar Broadcasting Group - Stock & Dividends

Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: US65336K1034

Television, Radio, Advertising, News, Entertainment

Nexstar Media Group, Inc. is a leading media company that creates and distributes a wide range of engaging content across television and digital platforms in the United States. The company has a significant presence in local markets, owning, operating, and providing services to numerous television stations, as well as offering television programming services.

One of the key strengths of Nexstar Media Group is its ability to provide advertisers with a range of video and display advertising platforms that can be delivered locally or nationally through its own and third-party websites, mobile apps, and over-the-top applications. This allows businesses to reach their target audiences effectively, whether it's through local or national campaigns.

In addition to its local television stations, Nexstar Media Group also owns NewsNation, a national cable news network, and WGN-AM, a popular Chicago radio station. The company also operates digital multicast networks and other multicast network services, further expanding its reach and offerings.

Nexstar Media Group's digital assets are also impressive, with a portfolio that includes local websites, mobile apps, connected TV apps, and free-ad supported TV channels. The company's suite of advertising solutions is designed to help businesses reach their target audiences effectively, and its consumer product reviews platform, BestReviews, provides valuable insights to consumers.

Furthermore, Nexstar Media Group engages in digital business and manages a portfolio of real estate assets, including leasing of owned office and production facilities. The company's television stations are affiliates of major broadcast networks such as ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and others.

Founded in 1996, Nexstar Media Group, Inc. is headquartered in Irving, Texas, and has undergone significant transformations over the years, including a name change from Nexstar Broadcasting Group, Inc. to Nexstar Media Group, Inc. in January 2017. Today, the company is a leading player in the media industry, with a strong focus on creating engaging content and providing innovative advertising solutions.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for NXST - Nexstar Broadcasting Group  - Stock & Dividends

NXST Stock Overview

Market Cap in USD 5,379m
Sector Communication Services
Industry Broadcasting
GiC SubIndustry Broadcasting
TER 0.00%
IPO / Inception 2003-11-24

NXST Stock Ratings

Growth 5y 60.2
Fundamental 16.0
Dividend 80.0
Rel. Performance vs Sector -0.65
Analysts 4.50/5
Fair Price Momentum 171.22 USD
Fair Price DCF 496.45 USD

NXST Dividends

Dividend Yield 12m 3.98%
Yield on Cost 5y 7.32%
Dividends CAGR 5y 24.57%
Payout Consistency 100.0%

NXST Growth Ratios

Growth 12m 25.51%
Growth Correlation 12m 71%
Growth Correlation 3m 41%
CAGR 5y 12.94%
CAGR/Mean DD 5y 0.82
Sharpe Ratio 12m 0.58
Alpha vs SP500 12m -5.08
Beta vs SP500 5y weekly 1.43
ValueRay RSI 18.51
Volatility GJR Garch 1y 33.16%
Price / SMA 50 -4.54%
Price / SMA 200 -0.06%
Current Volume 234.2k
Average Volume 20d 244.3k

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What is the price of NXST stocks?
As of September 08, 2024, the stock is trading at USD 161.45 with a total of 234,181 shares traded.
Over the past week, the price has changed by -5.52%, over one month by -5.16%, over three months by +4.08% and over the past year by +17.57%.
What are the forecast for NXST stock price target?
According to ValueRays Forecast Model, NXST Nexstar Broadcasting Group will be worth about 184.9 in September 2025. The stock is currently trading at 161.45. This means that the stock has a potential upside of +14.53%.
Issuer Forecast Upside
Wallstreet Target Price 201.9 25.1
Analysts Target Price 212.5 31.6
ValueRay Target Price 184.9 14.5