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](https://www.valueray.com/images/drawdown_chart/NXST.NASDAQ_drawdown.png)
Overall Trend and Yearly Seasonality
![Drawdown / Underwater Chart for NXST - Nexstar Broadcasting Group - Stock & Dividends](https://www.valueray.com/images/chart/NXST.NASDAQ_seasonality.png)
NXST Stock Overview
Market Cap in USD | 5,498m |
Sector | Communication Services |
Industry | Entertainment |
GiC SubIndustry | Broadcasting |
TER | 0.00% |
IPO / Inception | 2003-11-24 |
NXST Stock Ratings
Growth 5y | 53.0 |
Fundamental | 14.2 |
Dividend | 76.7 |
Rel. Performance vs Sector | -0.68 |
Analysts | 4.50/5 |
Fair Price Momentum | 180.84 USD |
Fair Price DCF | 501.08 USD |
NXST Dividends
Dividend Yield 12m | 3.43% |
Yield on Cost 5y | 6.72% |
Dividends CAGR 5y | 24.57% |
Payout Consistency | 100.0% |
NXST Growth Ratios
Growth 12m | 2.07% |
Growth Correlation 12m | 36% |
Growth Correlation 3m | 19% |
CAGR 5y | 14.38% |
CAGR/Mean DD 5y | 0.93 |
Sharpe Ratio 12m | -0.09 |
Alpha vs SP500 12m | -25.27 |
Beta vs SP500 5y weekly | 1.44 |
ValueRay RSI | 75.74 |
Volatility GJR Garch 1y | 31.76% |
Price / SMA 50 | 7.65% |
Price / SMA 200 | 11.66% |
Current Volume | 237.1k |
Average Volume 20d | 293.2k |
External Links for NXST Stock
Wall Street Journal • Benzinga • Yahoo Finance
Tweets
X • Stocktwits
Fund Manager Positions
Dataroma • Stockcircle
As of July 27, 2024, the stock is trading at USD 177.22 with a total of 237,088 shares traded.
Over the past week, the price has changed by +0.43%, over one month by +12.71%, over three months by +11.21% and over the past year by +0.88%.
According to ValueRays Forecast Model, NXST Nexstar Broadcasting Group will be worth about 195.4 in July 2025. The stock is currently trading at 177.22. This means that the stock has a potential upside of +10.26%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 205 | 15.7 |
Analysts Target Price | 212.5 | 19.9 |
ValueRay Target Price | 195.4 | 10.3 |