Nexstar Broadcasting Group (NXST) - 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 diversified media company that produces and distributes engaging local and national news, sports, and entertainment content across television and digital platforms in the United States.

The company owns, operates, programs, or provides sales and other services to various markets, offering television programming services to a wide range of audiences. With a strong presence in the digital space, Nexstar Media Group offers video and display advertising platforms that are delivered locally or nationally through its own and various third-party websites, mobile and over-the-top applications, and other digital media solutions to media publishers and advertisers.

In addition to its digital offerings, Nexstar Media Group owns NewsNation, a national cable news network, and WGN-AM, a Chicago radio station. The company also operates digital multicast networks and other multicast network services, providing a diverse range of content to its audiences.

Nexstar Media Group's digital assets are extensive, including local websites, mobile applications, connected television applications, free-ad supported television channels representing products of local television stations, The CW, The Hill, and BestReviews, as well as a suite of advertising solutions. The company also engages in digital business and management of real estate assets, including leasing of owned office and production facilities.

With its stations affiliated with major broadcast television networks such as ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and others, Nexstar Media Group has a significant presence in the media industry. Founded in 1996 and headquartered in Irving, Texas, the company has evolved over the years, changing its name from Nexstar Broadcasting Group, Inc. to Nexstar Media Group, Inc. in January 2017.

Today, Nexstar Media Group is a leading player in the media industry, with a strong focus on producing high-quality content and providing innovative digital solutions to its audiences. With its diverse range of assets and services, the company is well-positioned for continued growth and success in the rapidly evolving media landscape.

Drawdown (Underwater) Chart

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

Overall Trend and Yearly Seasonality

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

NXST Stock Overview

Market Cap in USD 5,023m
Sector Communication Services
Industry Entertainment
GiC SubIndustry Broadcasting
TER 0.00%
IPO / Inception 2003-11-24

NXST Stock Ratings

Growth 5y 41.9
Fundamental 14.4
Dividend 8.91
Rel. Performance vs Sector -3.25
Analysts 4.50/5
Fair Price Momentum 148.66 USD
Fair Price DCF 520.96 USD

NXST Dividends

Yield 12m 4.00%
Yield on Cost 5y 6.68%
Dividends CAGR 5y 24.57%
Payout Consistency 100.0%

NXST Growth Ratios

Growth 12m -2.92%
Growth Correlation 12m 16%
Growth Correlation 3m -32%
CAGR 5y 10.77%
CAGR/Mean DD 5y 0.70
Sharpe Ratio 12m -0.21
Alpha vs SP500 12m -38.81
Beta vs SP500 5y weekly 1.44
ValueRay RSI 15.40
Volatility GJR Garch 1y 32.72%
Price / SMA 50 -6.18%
Price / SMA 200 -1.89%
Current Volume 497.2k
Average Volume 20d 341.1k

External Links for NXST Stock

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What is the price of NXST stocks?
As of June 18, 2024, the stock is trading at USD 151.91 with a total of 497,193 shares traded.
Over the past week, the price has changed by -1.24%, over one month by -10.41%, over three months by -3.76% and over the past year by -4.42%.
What are the forecast for NXST stock price target?
According to ValueRays Forecast Model, NXST Nexstar Broadcasting Group will be worth about 160.7 in June 2025. The stock is currently trading at 151.91. This means that the stock has a potential upside of +5.81%.
Issuer Forecast Upside
Wallstreet Target Price 205.9 35.5
Analysts Target Price 212.5 39.9
ValueRay Target Price 160.7 5.81