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Nexstar Media Group (NXST)
NASDAQ:NXST
Nexstar Media Group (NXST) Stock Price & Analysis
641 Followers
NXST Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$128.39 - $185.42
Previous Close$169.56
Volume250.90K
Average Volume (3M)352.31K
Market Cap
$5.57B
Enterprise Value$12.34B
Total Cash (Recent Filing)$150.00M
Total Debt (Recent Filing)$6.91B
Price to Earnings (P/E)14.3
Beta0.95
Next Earnings
Aug 08, 2024EPS Estimate
$3.5Last Dividend Ex-Date
May 09, 2024Dividend Yield3.38%
Share Statistics
EPS (TTM)11.85
Shares Outstanding32,829,853
10 Day Avg. Volume346,064
30 Day Avg. Volume352,307
Standard Deviation0.12
R-Squared0.47
Alpha-0.00067
Financial Highlights & Ratios
Price to Book (P/B)-0.98
Price to Sales (P/S)3.74
Price to Cash Flow (P/CF)7.70
P/FCF Ratio5.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.41
Enterprise Value/Gross Profit3.70
Enterprise Value/Ebitda6.57
Forecast
1Y Price Target
$207.71Price Target Upside22.50% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Nexstar Media Group News
Bulls Say, Bears Say
Bulls Say
Financial StrategyThe company has been opportunistic in allocating its sizable free cash flow, with a mix of share repurchases, dividends, and strategic M&A.
Guidance And ForecastNexstar kicks off with tailwinds from renewals, expecting retransmission revenue to be up sequentially, and year-over-year.
Revenue StreamsImproving ad sales trends and expansion at News Nation and The CW are expected to benefit NXST.
Bears Say
Competitive LandscapeAn increase in the number of viewers switching from traditional broadcasting to streaming services could significantly affect NXST's revenue streams.
Financial PerformanceThe CW Network's losses have narrowed, yet it continues to pose a financial challenge, creating a substantial $50 million drag on earnings.
Industry TrendsThe biggest risk to Broadcast stocks, including NXST, is the acceleration of viewership transitioning to streaming platforms.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
NXST FAQ
What was Nexstar Media Group’s price range in the past 12 months?
Nexstar Media Group lowest stock price was $128.39 and its highest was $185.42 in the past 12 months.
What is Nexstar Media Group’s market cap?
Currently, no data Available
When is Nexstar Media Group’s upcoming earnings report date?
Nexstar Media Group’s upcoming earnings report date is Aug 08, 2024 which is in 81 days.
How were Nexstar Media Group’s earnings last quarter?
Nexstar Media Group released its earnings results on May 09, 2024. The company reported $5.16 earnings per share for the quarter, beating the consensus estimate of $3.969 by $1.191.
Is Nexstar Media Group overvalued?
According to Wall Street analysts Nexstar Media Group’s price is currently Undervalued.
Does Nexstar Media Group pay dividends?
Nexstar Media Group pays a Quarterly dividend of $1.69 which represents an annual dividend yield of 3.38%. See more information on Nexstar Media Group dividends here
What is Nexstar Media Group’s EPS estimate?
Nexstar Media Group’s EPS estimate is $3.5.
How many shares outstanding does Nexstar Media Group have?
Nexstar Media Group has 32,829,853 shares outstanding.
What happened to Nexstar Media Group’s price movement after its last earnings report?
Nexstar Media Group reported an EPS of $5.16 in its last earnings report, beating expectations of $3.969. Following the earnings report the stock price went up 6.922%.
Which hedge fund is a major shareholder of Nexstar Media Group?
Among the largest hedge funds holding Nexstar Media Group’s share is Bruni J V & Co /Co. It holds Nexstar Media Group’s shares valued at 34M.
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Nexstar Media Group Stock Smart Score
Underperform
1
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4
5
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7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$207.71 (22.50% Upside)
$207.71 (22.50% Upside)
Blogger Sentiment
Bullish
NXST Sentiment 75%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 336.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.6%
Last 30 Days ▼ 6.2%
Last 30 Days ▼ 6.2%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
7.82%
12-Months-Change
Fundamentals
Return on Equity
16.62%
Trailing 12-Months
Asset Growth
-4.16%
Trailing 12-Months
Company Description
Nexstar Media Group
Nexstar Media Group, Inc. operates as a television broadcasting and digital media company. It focuses on the acquisition, development and operation of television stations and interactive community websites and digital media services in the U.S. The company provides services free over-the-air programming which includes programs produced by networks with which the stations are affiliated; programs that the stations produce; and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. Nexstar Media Group was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.
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NXST Earnings Call
Q1 2024
0:00 / 0:00
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NXST Stock 12 Month Forecast
Average Price Target
$207.71
▲(22.50% Upside)
Technical Analysis
Best Analysts Covering NXST
1 Year
1 Year Success Rate
18/25 ratings generated profit
1 Year Average Return
+14.33%
reiterated a buy rating 10 days ago
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