(NXST) Nexstar Broadcasting - Ratings and Ratios

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

Television Stations, NewsNation, WGN-AM, Digital Ads, BestReviews

Stock: Broadcasting
Age 22.2y

MCap 6,560m
Avg Vol 232K (49.0M USD)

Beta 0.834
Volatility 34.17%

EPS (Earnings per Share)

EPS CAGR: -37.74%
EPS Trend: -42.3%

Last SUE: -1.42
Qual. Beats: 0

Revenue

Rev. CAGR: -1.04%
Rev. Trend: 6.2%

Last SUE: -0.10
Qual. Beats: 0

Dividends

Dividend Yield	4.20%
Yield on Cost 5y	8.04%
Yield CAGR 5y	27.67%
Payout Consistency	100.0%
Payout Ratio	57.0%

Risk via 5d forecast
Volatility	34.2%
Value at Risk 5%th	53.1%
Relative Tail Risk	-5.50%

Reward TTM
Sharpe Ratio	1.15
Alpha	31.61
CAGR/Max DD	0.24

Character TTM
Hurst Exponent	0.425
Beta	0.834
Beta Downside	1.105

Drawdowns 3y
Max DD	35.73%
Mean DD	16.19%
Median DD	16.85%

Description: NXST Nexstar Broadcasting January 10, 2026

Nexstar Media Group, Inc. (NASDAQ: NXST) is a diversified U.S. media company that owns, operates, and programs a nationwide portfolio of television and radio stations, as well as a suite of digital properties. Its assets include local news, sports, and entertainment broadcasts; the national cable news network NewsNation; the Chicago radio station WGN-AM; and a range of digital platforms such as local websites, mobile apps, OTT services, and the consumer-review site BestReviews. The company also provides advertising sales and technology solutions to third-party publishers and advertisers, and it manages real-estate assets tied to its broadcast facilities.

Key quantitative metrics (FY 2023) show Nexstar generated roughly **$5.3 billion in revenue** with an **adjusted EBITDA margin of ~13 %**, reflecting the high-margin nature of local broadcast advertising. The firm operates **≈197 TV stations** across the major U.S. networks (ABC, NBC, FOX, CBS, The CW, MyNetworkTV), giving it a market-reach of about **60 % of U.S. households**. Recent sector drivers include the rebound in local ad spend after the pandemic slowdown, the ongoing shift of viewers to free-ad-supported OTT channels (which Nexstar supplies through its digital multicast networks), and the broader industry trend of consolidation that has enabled Nexstar to negotiate stronger retransmission consent fees. A material uncertainty is the pace at which cord-cutting erodes traditional broadcast viewership versus the monetization potential of Nexstar’s growing OTT inventory.

If you want a data-rich, forward-looking view of how these dynamics could affect Nexstar’s valuation, a quick look at ValueRay’s analyst toolkit may be worth your time.

Piotroski VR‑10 (Strict, 0-10) 6.5

Net Income (517.0m TTM) > 0 and > 6% of Revenue (6% = 308.9m TTM)

FCFTA 0.09 (>2.0%) and ΔFCFTA 1.26pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 12.59% (prev 11.01%; Δ 1.58pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.10 (>3.0%) and CFO 1.11b > Net Income 517.0m (YES >=105%, WARN >=100%)

Net Debt (6.43b) to EBITDA (2.28b) ratio: 2.82 <= 3.0 (WARN <= 3.5)

Current Ratio 1.87 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (30.7m) change vs 12m ago -5.38% (target <= -2.0% for YES)

Gross Margin 53.03% (prev 57.82%; Δ -4.79pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 44.88% (prev 44.67%; Δ 0.21pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 2.79 (EBITDA TTM 2.28b / Interest Expense TTM 392.0m) >= 6 (WARN >= 3)

Altman Z'' 2.55

(A) 0.06 = (Total Current Assets 1.39b - Total Current Liabilities 745.0m) / Total Assets 11.25b

(B) 0.33 = Retained Earnings (Balance) 3.77b / Total Assets 11.25b

(D) 0.42 = Book Value of Equity 3.76b / Total Liabilities 8.96b

Total Rating: 2.55 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 62.62

1. Piotroski 6.50pt

2. FCF Yield 7.57%

3. FCF Margin 19.09%

4. Debt/Equity 2.91

5. Debt/Ebitda 2.82

6. ROIC - WACC (= 3.56)%

7. RoE 22.86%

8. Rev. Trend 6.23%

9. EPS Trend -42.34%

What is the price of NXST shares?

As of January 22, 2026, the stock is trading at USD 211.76 with a total of 635,903 shares traded.
Over the past week, the price has changed by +2.64%, over one month by +5.74%, over three months by +10.07% and over the past year by +43.73%.

Is NXST a buy, sell or hold?

Nexstar Broadcasting has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy NXST.

Strong Buy: 6
Buy: 1
Hold: 3
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the NXST price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	230.5	8.8%
Analysts Target Price	230.5	8.8%
ValueRay Target Price	246.7	16.5%

NXST Fundamental Data Overview January 19, 2026

P/E Trailing = 13.4947
P/E Forward = 8.4459
P/S = 1.2746
P/B = 2.8697
P/EG = 0.5789
Revenue TTM = 5.15b USD
EBIT TTM = 1.09b USD
EBITDA TTM = 2.28b USD
Long Term Debt = 6.25b USD (from longTermDebt, last quarter)
Short Term Debt = 152.0m USD (from shortTermDebt, last quarter)
Debt = 6.66b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.43b USD (from netDebt column, last quarter)
Enterprise Value = 12.99b USD (6.56b + Debt 6.66b - CCE 236.0m)
Interest Coverage Ratio = 2.79 (Ebit TTM 1.09b / Interest Expense TTM 392.0m)
EV/FCF = 13.21x (Enterprise Value 12.99b / FCF TTM 983.0m)
FCF Yield = 7.57% (FCF TTM 983.0m / Enterprise Value 12.99b)
FCF Margin = 19.09% (FCF TTM 983.0m / Revenue TTM 5.15b)
Net Margin = 10.04% (Net Income TTM 517.0m / Revenue TTM 5.15b)
Gross Margin = 53.03% ((Revenue TTM 5.15b - Cost of Revenue TTM 2.42b) / Revenue TTM)
Gross Margin QoQ = 37.23% (prev 54.68%)
Tobins Q-Ratio = 1.15 (Enterprise Value 12.99b / Total Assets 11.25b)
Interest Expense / Debt = 1.41% (Interest Expense 94.0m / Debt 6.66b)
Taxrate = 32.29% (31.0m / 96.0m)
NOPAT = 740.1m (EBIT 1.09b * (1 - 32.29%))
Current Ratio = 1.87 (Total Current Assets 1.39b / Total Current Liabilities 745.0m)
Debt / Equity = 2.91 (Debt 6.66b / totalStockholderEquity, last quarter 2.29b)
Debt / EBITDA = 2.82 (Net Debt 6.43b / EBITDA 2.28b)
Debt / FCF = 6.54 (Net Debt 6.43b / FCF TTM 983.0m)
Total Stockholder Equity = 2.26b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.51% (Net Income 517.0m / Total Assets 11.25b)
RoE = 22.86% (Net Income TTM 517.0m / Total Stockholder Equity 2.26b)
RoCE = 12.84% (EBIT 1.09b / Capital Employed (Equity 2.26b + L.T.Debt 6.25b))
RoIC = 8.50% (NOPAT 740.1m / Invested Capital 8.70b)
WACC = 4.94% (E(6.56b)/V(13.22b) * Re(8.99%) + D(6.66b)/V(13.22b) * Rd(1.41%) * (1-Tc(0.32)))
Discount Rate = 8.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.32%
[DCF Debug] Terminal Value 86.70% ; FCFF base≈939.8m ; Y1≈975.1m ; Y5≈1.11b
Fair Price DCF = 876.9 (EV 33.02b - Net Debt 6.43b = Equity 26.59b / Shares 30.3m; r=5.90% [WACC]; 5y FCF grow 3.93% → 2.90% )
EPS Correlation: -42.34 | EPS CAGR: -37.74% | SUE: -1.42 | # QB: 0
Revenue Correlation: 6.23 | Revenue CAGR: -1.04% | SUE: -0.10 | # QB: 0
EPS next Quarter (2026-03-31): EPS=4.42 | Chg30d=+0.018 | Revisions Net=-2 | Analysts=5
EPS next Year (2026-12-31): EPS=24.86 | Chg30d=-1.635 | Revisions Net=-3 | Growth EPS=+103.4% | Growth Revenue=+10.3%

Additional Sources for NXST Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle