Companies /Communication Services

Nexstar Media Group Inc

NASDAQ: NXST Broadcasting
$158.93
▼ $1.63 (−1.02%) today
Markets open · 2:37pm ET

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NXST at a Glance

Valuation
Market cap
$4.9B
P/E ratio
30.4
Dividend yield
4.63%
Profitability
Revenue (TTM)
$5.9B
Profit margin
3.2%
EPS (TTM)
$5.28
Price
52-week range
$153 – $249
24/7 target
$156.19
Street target
$246.75
Earnings
Next report
Nov 5, 2026

Headquartered in Irving, TX Fiscal year ends December NASDAQ: NXST nexstar.tv

About Nexstar Media Group

Nexstar Media Group is the largest television station operator in the United States, owning, operating, programming, or providing sales and other services to approximately 200 television stations across the country. The company generates revenue through two primary streams: distribution fees paid by multichannel video programming distributors (MVPDs and virtual MVPDs) for retransmitting its broadcast signals, and advertising revenue from local, national, and political advertisers. Nexstar owns and operates The CW, a broadcast television network featuring entertainment and sports programming including WWE content, and NewsNation, a cable news network. In March 2026, Nexstar completed its acquisition of TEGNA Inc., significantly expanding its station portfolio, though the transaction is currently subject to antitrust litigation and a preliminary injunction requiring the two entities to operate separately. The company also holds equity investments in TV Food Network and other media properties. Nexstar's stations are affiliated with major broadcast networks including NBC, CBS, ABC, and FOX across markets nationwide. Updated

NXST Coverage

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Frequently Asked Questions

What does Nexstar Media Group do?

Nexstar Media Group is the largest television station operator in the United States, owning, operating, programming, or providing sales and other services to approximately 200 television stations across the country.

What is the NXST stock price target?

24/7 Wall St.'s 12-month price target for NXST is $156.19, rated Hold. The Wall Street consensus target is $246.75. NXST price prediction →