(NXST) Nexstar Broadcasting - Overview

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

Stock: Television, Digital Media, Advertising, News, Entertainment

Total Rating 59
Risk 71
Buy Signal -0.24
Risk 5d forecast
Volatility 33.7%
Relative Tail Risk -7.14%
Reward TTM
Sharpe Ratio 0.89
Alpha 17.11
Character TTM
Beta 0.845
Beta Downside 1.150
Drawdowns 3y
Max DD 27.87%
CAGR/Max DD 0.61

EPS (Earnings per Share)

EPS (Earnings per Share) of NXST over the last years for every Quarter: "2021-03": 4.42, "2021-06": 4.33, "2021-09": 4.05, "2021-12": 6.19, "2022-03": 5.99, "2022-06": 5.56, "2022-09": 7.3, "2022-12": 5.3, "2023-03": 2.97, "2023-06": 2.64, "2023-09": 0.7, "2023-12": 3.32, "2024-03": 5.16, "2024-06": 3.54, "2024-09": 5.27, "2024-12": 5.6321, "2025-03": 3.3103, "2025-06": 3.06, "2025-09": 2.14, "2025-12": 5.4757,

Revenue

Revenue of NXST over the last years for every Quarter: 2021-03: 1113.9, 2021-06: 1131.6, 2021-09: 1157, 2021-12: 1245.838, 2022-03: 1210, 2022-06: 1245, 2022-09: 1269, 2022-12: 1486.7, 2023-03: 1257, 2023-06: 1240, 2023-09: 1132, 2023-12: 1304, 2024-03: 1284, 2024-06: 1269, 2024-09: 1366, 2024-12: 1487, 2025-03: 1234, 2025-06: 1229, 2025-09: 1198, 2025-12: 1289,

Risks

Fundamental:

P/E ratio: 75.8562

Description: NXST Nexstar Broadcasting March 04, 2026

Nexstar Media Group, Inc. (NXST) is a diversified media company operating in the United States. It produces and distributes news, sports, and entertainment across television and digital platforms.

The company owns and operates television and radio stations, providing programming and sales services. Broadcast television companies generate revenue primarily through advertising sales and retransmission fees.

NXST offers video and display advertising solutions across its own and third-party websites, mobile applications, and over-the-top platforms. Digital advertising is a key revenue stream for modern media companies.

Its assets include NewsNation, a national cable news network, and WGN-AM, a Chicago radio station. NXST also owns and operates digital multicast networks and various digital platforms including local websites and connected television applications.

The companys stations are affiliated with major broadcast networks such as ABC, NBC, FOX, and CBS. NXST also engages in digital business and real estate management.

For more detailed financial analysis and performance metrics, further research on ValueRay is recommended.

Headlines to watch out for

  • Political advertising spending impacts local broadcast revenue
  • Retransmission consent fees drive core revenue growth
  • Digital advertising expansion diversifies revenue streams
  • Station acquisition strategy fuels market share growth

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 109.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA -2.87 > 1.0
NWC/Revenue: 15.39% < 20% (prev 9.51%; Δ 5.89% < -1%)
CFO/TA 0.08 > 3% & CFO 891.0m > Net Income 109.0m
Net Debt (6.58b) to EBITDA (1.69b): 3.90 < 3
Current Ratio: 2.07 > 1.5 & < 3
Outstanding Shares: last quarter (30.3m) vs 12m ago -3.57% < -2%
Gross Margin: 47.11% > 18% (prev 0.59%; Δ 4.65k% > 0.5%)
Asset Turnover: 44.09% > 50% (prev 47.14%; Δ -3.05% > 0%)
Interest Coverage Ratio: 1.40 > 6 (EBITDA TTM 1.69b / Interest Expense TTM 379.0m)

Altman Z'' 2.24

A: 0.07 (Total Current Assets 1.47b - Total Current Liabilities 711.0m) / Total Assets 10.99b
B: 0.32 (Retained Earnings 3.54b / Total Assets 10.99b)
C: 0.05 (EBIT TTM 529.0m / Avg Total Assets 11.23b)
D: 0.39 (Book Value of Equity 3.52b / Total Liabilities 8.92b)
Altman-Z'' Score: 2.24 = BBB

Beneish M -2.85

DSRI: 1.14 (Receivables 1.07b/1.03b, Revenue 4.95b/5.41b)
GMI: 1.25 (GM 47.11% / 58.92%)
AQI: 0.94 (AQ_t 0.74 / AQ_t-1 0.78)
SGI: 0.92 (Revenue 4.95b / 5.41b)
TATA: -0.07 (NI 109.0m - CFO 891.0m) / TA 10.99b)
Beneish M-Score: -2.85 (Cap -4..+1) = A

What is the price of NXST shares?

As of March 23, 2026, the stock is trading at USD 226.81 with a total of 1,379,468 shares traded.
Over the past week, the price has changed by -4.11%, over one month by -1.65%, over three months by +14.15% and over the past year by +32.70%.

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.
  • StrongBuy: 6
  • Buy: 1
  • Hold: 3
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the NXST price?

Issuer Target Up/Down from current
Wallstreet Target Price 269 18.6%
Analysts Target Price 269 18.6%

NXST Fundamental Data Overview March 21, 2026

P/E Trailing = 75.8562
P/E Forward = 9.0334
P/S = 1.3899
P/B = 3.3327
P/EG = 0.5789
Revenue TTM = 4.95b USD
EBIT TTM = 529.0m USD
EBITDA TTM = 1.69b USD
Long Term Debt = 6.22b USD (from longTermDebt, last quarter)
Short Term Debt = 152.0m USD (from shortTermDebt, last quarter)
Debt = 6.86b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.58b USD (from netDebt column, last quarter)
Enterprise Value = 13.46b USD (6.88b + Debt 6.86b - CCE 280.0m)
Interest Coverage Ratio = 1.40 (Ebit TTM 529.0m / Interest Expense TTM 379.0m)
EV/FCF = 18.11x (Enterprise Value 13.46b / FCF TTM 743.0m)
FCF Yield = 5.52% (FCF TTM 743.0m / Enterprise Value 13.46b)
FCF Margin = 15.01% (FCF TTM 743.0m / Revenue TTM 4.95b)
Net Margin = 2.20% (Net Income TTM 109.0m / Revenue TTM 4.95b)
Gross Margin = 47.11% ((Revenue TTM 4.95b - Cost of Revenue TTM 2.62b) / Revenue TTM)
Gross Margin QoQ = 41.19% (prev 37.23%)
Tobins Q-Ratio = 1.22 (Enterprise Value 13.46b / Total Assets 10.99b)
Interest Expense / Debt = 1.33% (Interest Expense 91.0m / Debt 6.86b)
Taxrate = 44.67% (67.0m / 150.0m)
NOPAT = 292.7m (EBIT 529.0m * (1 - 44.67%))
Current Ratio = 2.07 (Total Current Assets 1.47b / Total Current Liabilities 711.0m)
Debt / Equity = 3.32 (Debt 6.86b / totalStockholderEquity, last quarter 2.06b)
Debt / EBITDA = 3.90 (Net Debt 6.58b / EBITDA 1.69b)
Debt / FCF = 8.85 (Net Debt 6.58b / FCF TTM 743.0m)
Total Stockholder Equity = 2.21b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.97% (Net Income 109.0m / Total Assets 10.99b)
RoE = 4.92% (Net Income TTM 109.0m / Total Stockholder Equity 2.21b)
RoCE = 6.27% (EBIT 529.0m / Capital Employed (Equity 2.21b + L.T.Debt 6.22b))
RoIC = 3.40% (NOPAT 292.7m / Invested Capital 8.61b)
WACC = 4.85% (E(6.88b)/V(13.74b) * Re(8.95%) + D(6.86b)/V(13.74b) * Rd(1.33%) * (1-Tc(0.45)))
Discount Rate = 8.95% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -5.89%
[DCF] Terminal Value 85.82% ; FCFF base≈887.8m ; Y1≈844.1m ; Y5≈808.0m
[DCF] Fair Price = 582.5 (EV 24.25b - Net Debt 6.58b = Equity 17.67b / Shares 30.3m; r=5.90% [WACC]; 5y FCF grow -6.41% → 2.90% )
EPS Correlation: -17.63 | EPS CAGR: -2.37% | SUE: 1.70 | # QB: 1
Revenue Correlation: 4.01 | Revenue CAGR: 1.70% | SUE: 3.21 | # QB: 1
EPS next Quarter (2026-06-30): EPS=5.79 | Chg7d=+5.790 | Chg30d=+5.790 | Revisions Net=+0 | Analysts=1
EPS current Year (2026-12-31): EPS=25.18 | Chg7d=+0.000 | Chg30d=-0.118 | Revisions Net=+1 | Growth EPS=+105.5% | Growth Revenue=+9.2%
EPS next Year (2027-12-31): EPS=18.07 | Chg7d=+0.000 | Chg30d=-0.260 | Revisions Net=-2 | Growth EPS=-28.2% | Growth Revenue=-7.0%
[Analyst] Revisions Ratio: +1.00 (1 Up / 0 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 7.6% (Discount Rate 8.9% - Earnings Yield 1.3%)
[Growth] Growth Spread = -2.1% (Analyst 5.5% - Implied 7.6%)

Additional Sources for NXST Stock

Fund Manager Positions: Dataroma | Stockcircle