NXST Stock Analysis: Nexstar Broadcasting | NASDAQ
Broadcasting | NASDAQ, USA | Market Cap: 5.740m USD | 12M Return: -1.4% | US65336K1034 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 58.3M
EPS Trend: 61.0%
Qual. Beats: -1
Rev. Trend: 51.1%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Nexstar Media Group (NASDAQ: NXST) is a diversified U.S. media company headquartered in Irving, Texas, that produces and distributes local and national news, sports, and entertainment content across television and digital platforms. Founded in 1996 and renamed from Nexstar Broadcasting Group in January 2017, the company owns, operates, or provides services to television and radio stations affiliated with major U.S. broadcast networks, including ABC, NBC, FOX, CBS, The CW, and MyNetworkTV. It also owns the national cable news network NewsNation and the Chicago-based radio station WGN-AM.
Beyond traditional broadcasting, Nexstar operates a sizeable digital footprint, including local websites, mobile applications, and connected television (CTV) applications, along with digital advertising platforms serving publishers and advertisers. Its digital portfolio also includes BestReviews (a consumer product reviews platform), The Hill (a political news site), and affiliations with The CW. The company generates revenue through a mix of advertising sales, retransmission fees from pay-TV distributors for carriage of its broadcast signals, and digital media services, which is a typical revenue model for the U.S. broadcasting sub-industry.
The company operates within the GICS Communication Services sector and the Broadcasting sub-industry, a space that has seen significant consolidation in recent years. As a mid-cap stock listed since 2003, Nexstar represents one of the largest U.S. television station operators by audience reach, serving as a key local affiliate partner for the major U.S. broadcast networks.
- Political ad revenue surges during election cycles
- Retransmission fee growth offsets cord-cutting headwinds
- FCC station ownership caps block further M&A expansion
| Net Income: 188.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -5.37 > 1.0 |
| NWC/Revenue: -10.23% < 20% (prev 10.68%; Δ -20.91% < -1%) |
| CFO/TA 0.07 > 3% & CFO 1.18b > Net Income 188.0m |
| Net Debt (11.3b) to EBITDA (1.90b): 5.93 < 3 |
| Current Ratio: 0.53 > 1.5 & < 3 |
| Outstanding Shares: last quarter (30.9m) vs 12m ago 0.62% < -2% |
| Gross Margin: 34.09% > 18% (prev 58.07%; Δ -23.98% > 0.5%) |
| Asset Turnover: 40.46% > 50% (prev 46.93%; Δ -6.46% > 0%) |
| Interest Coverage Ratio: 1.43 > 6 (EBIT TTM 707.0m / Interest Expense TTM 495.0m) |
| A: -0.03 (Total Current Assets 683.0m - Total Current Liabilities 1.28b) / Total Assets 17.7b |
| B: 0.21 (Retained Earnings 3.69b / Total Assets 17.7b) |
| C: 0.05 (EBIT TTM 707.0m / Avg Total Assets 14.5b) |
| D: 0.15 (Book Value of Equity 2.27b / Total Liabilities 15.5b) |
| Altman-Z'' = 0.94 = BB |
| DSRI: 3.0 (Receivables 96.0m/6.00m, Revenue 5.88b/5.32b) |
| GMI: 1.70 (GM 58.07% / 34.09%) |
| AQI: 1.05 (AQ_t 0.88 / AQ_t-1 0.84) |
| SGI: 1.11 (Revenue 5.88b / 5.32b) |
| TATA: -0.06 (NI 188.0m - CFO 1.18b) / TA 17.7b) |
| Beneish M = -0.65 (Cap -4..+1) = D |
As of August 12, 2026, the stock is trading at USD 184.56 with a total of 414,691 shares traded. Over the past week, the price has changed by -5.96%, over one month by +5.19%, over three months by -8.12% and over the past year by -1.41%.
Current recommended Stop Loss: 168.30 (which is 8.8% or 2.2 ATR below the current price).
Nexstar Broadcasting has received a consensus analysts rating of 4.30. Therefore, it is recommended to buy NXST.
- StrongBuy: 6
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 249 | 34.9% |
P/E Trailing = 40.4237
P/E Forward = 5.787
P/S = 1.1231
P/B = 2.7644
P/EG = 0.1854
Revenue TTM = 5.88b USD
EBIT TTM = 707.0m USD
EBITDA TTM = 1.90b USD
Long Term Debt = 6.22b USD (from longTermDebt, last fiscal year)
Short Term Debt = 385.0m USD (from shortTermDebt, last quarter)
Debt = 11.8b USD (from shortLongTermDebtTotal, last quarter) + Leases 52.0m
Net Debt = 11.3b USD (calculated: Debt 11.8b - CCE 587.0m)
Enterprise Value = 17.0b USD (5.74b + Debt 11.8b - CCE 587.0m)
Interest Coverage Ratio = 1.43 (Ebit TTM 707.0m / Interest Expense TTM 495.0m)
EV/FCF = 16.84x (Enterprise Value 17.0b / FCF TTM 1.01b)
FCF Yield = 5.94% (FCF TTM 1.01b / Enterprise Value 17.0b)
FCF Margin = 17.19% (FCF TTM 1.01b / Revenue TTM 5.88b)
Net Margin = 3.20% (Net Income TTM 188.0m / Revenue TTM 5.88b)
Gross Margin = 34.09% ((Revenue TTM 5.88b - Cost of Revenue TTM 3.87b) / Revenue TTM)
Gross Margin QoQ = 18.16% (prev 47.56%)
Tobins Q-Ratio = 0.96 (Enterprise Value 17.0b / Total Assets 17.7b)
Interest Expense / Debt = 4.18% (Interest Expense 495.0m / Debt 11.8b)
Taxrate = 20.75% (44.0m / 212.0m)
NOPAT = 560.3m (EBIT 707.0m * (1 - 20.75%))
Current Ratio = 0.53 (Total Current Assets 683.0m / Total Current Liabilities 1.28b)
Debt / Equity = 5.23 (Debt 11.8b / totalStockholderEquity, last quarter 2.27b)
Debt / EBITDA = 5.93 (Net Debt 11.3b / EBITDA 1.90b)
Debt / FCF = 11.15 (Net Debt 11.3b / FCF TTM 1.01b)
Total Stockholder Equity = 2.20b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.29% (Net Income 188.0m / Total Assets 17.7b)
RoE = 8.56% (Net Income TTM 188.0m / Total Stockholder Equity 2.20b)
RoCE = 8.40% (EBIT 707.0m / Capital Employed (Equity 2.20b + L.T.Debt 6.22b))
RoIC = 3.39% (NOPAT 560.3m / Invested Capital 16.5b)
WACC = 5.03% (E(5.74b)/V(17.6b) * Re(8.57%) + D(11.8b)/V(17.6b) * Rd(4.18%) * (1-Tc(0.21)))
Discount Rate = 8.57% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -82.92 | Cagr: -4.18%
[DCF] Terminal Value 73.10% ; FCFF base≈1.11b ; Y1≈971.3m ; Y5≈784.8m
[DCF] Fair Price = 43.66 (EV 12.6b - Net Debt 11.3b = Equity 1.33b / Shares 30.5m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 60.95 | EPS CAGR: 13.40% | SUE: -2.14 | # QB: -1
Revenue Correlation: 51.11 | Revenue CAGR: 2.88% | SUE: 0.29 | # QB: 0
EPS current Quarter (2026-09-30): EPS=8.83 | Chg30d=+0.00% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=34.19 | Chg30d=-0.01% | Revisions=+50% | GrowthEPS=+179.0% | GrowthRev=+59.2%
EPS next Year (2027-12-31): EPS=24.13 | Chg30d=-0.32% | Revisions=+50% | GrowthEPS=-29.4% | GrowthRev=-2.8%
[Analyst] Revisions Ratio: +70% (up=7, down=0)