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

Overall Trend and Yearly Seasonality

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

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

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What is the price of NXST stocks?
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%.
What are the forecast for NXST stock price target?
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