YOLFTbeta
Nexstar Broadcasting Group Inc

Nexstar Broadcasting Group Inc

NXST · NASDAQ · Communication Services / Broadcasting

207.94USD+1.97 (+0.96%)

Price History

Full chart

Market Stats

Previous Close205.97
Open206.88
Day Range205.83 – 209.22
52-Week Range152.95 – 249.09
Volume348.10K
Market Cap4.98B
P/E (TTM)30.64
Forward P/E8.90
EPS5.28
Dividend Yield4.59%
Beta0.89
50-Day Avg179.95
200-Day Avg197.50

About

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services. The company offers video and display advertising platforms through its own and various third party websites, mobile and over-the-top applications, digital media solutions to media publishers and advertisers, and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks. Further, its digital assets include 125 local websites, 229 mobile applications, 110 connected television applications, television channels from The CW and The Hill, BestReviews, and advertising solutions. Additionally, the company engages in the digital business. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. Nexstar Media Group, Inc. was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. The company was founded in 1996 and is headquartered in Irving, Texas.

Company Details

  • SectorCommunication Services
  • IndustryBroadcasting
  • CEOMr. Perry A. Sook
  • Employees11.77K
  • Headquarters545 East John Carpenter Freeway, Irving, TX, United States, 75062, USA
  • Websitehttps://www.nexstar.tv

Leadership

  • Mr. Perry A. SookFounder, Chairman & CEO · b. 1958
  • Mr. Michael BiardPresident & COO · b. 1969
  • Ms. Lee Ann GlihaExecutive VP & CFO · b. 1975
  • Mr. Sean ComptonPresident of Networks Division · b. 1974
  • Ms. Dana ZimmerPresident of Distribution & Strategy · b. 1970
  • Mr. Brett E. JenkinsExecutive VP and Chief Technology & Digital Officer · b. 1970
  • Ms. Elizabeth Ryder J.D.Executive VP General Counsel & Corporate Secretary · b. 1965
  • Mr. Gary WeitmanExecutive VP & Chief Communications Officer · b. 1957
  • Ms. Lindsey KnappExecutive VP of Human Resources & Associate General Counsel
  • Mr. Blake RussellExecutive Vice President of Operations · b. 1971

Financials

Income Statement

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue157.45M192.62M176.72M133.84M214.33M245.74M226.05M265.17M266.80M284.92M251.98M313.35M306.49M378.63M502.33M631.31M896.38M1.10B2.43B2.77B3.04B4.50B4.65B5.21B4.93B5.41B4.95B
Growth (%)-+22.33%-8.25%-24.26%+60.14%+14.65%-8.01%+17.30%+0.62%+6.79%-11.56%+24.36%-2.19%+23.54%+32.67%+25.68%+41.99%+23.07%+120.45%+13.76%+9.85%+48.10%+3.26%+12.11%-5.33%+9.61%-8.47%
Cost of Revenue38.29M43.31M46.88M35.15M60.81M66.04M68.12M71.47M74.13M78.29M70.55M78.32M81.66M105.58M170.54M210.15M339.94M416.68M1.04B1.12B1.35B1.72B1.86B2.00B2.13B2.22B3.02B
Gross Profit119.17M149.31M129.84M98.69M153.52M179.70M157.94M193.70M192.67M206.63M181.43M235.03M224.83M273.05M331.79M421.16M556.44M686.51M1.40B1.65B1.69B2.78B2.79B3.21B2.81B3.19B1.93B
Gross Margin75.68%77.51%73.47%73.74%71.63%73.12%69.87%73.05%72.22%72.52%72.00%75.00%73.36%72.11%66.05%66.71%62.08%62.23%57.40%59.59%55.63%61.78%59.94%61.52%56.92%58.92%38.98%
Operating Expense123.50M132.60M141.04M77.25M157.49M141.99M139.33M147.85M152.13M244.79M173.23M167.48M176.84M173.14M228.55M247.92M350.33M399.20M877.32M891.00M1.04B1.41B1.61B1.89B2.10B1.92B1.07B
Operating Income-4.34M16.71M-11.20M21.44M-3.96M37.70M18.61M45.85M40.54M-38.16M8.20M67.55M47.99M99.91M103.24M173.24M206.11M287.31M518.75M757.78M655.13M1.38B1.18B1.31B708.00M1.27B863.00M
Operating Margin-2.75%8.67%-6.34%16.02%-1.85%15.34%8.23%17.29%15.20%-13.39%3.25%21.56%15.66%26.39%20.55%27.44%22.99%26.04%21.33%27.39%21.56%30.56%25.28%25.18%14.35%23.45%17.44%
EBITDA-42.62M-26.60M-8.37M65.50M89.98M108.35M68.99M110.33M108.09M35.03M97.47M125.52M118.05M146.92M143.40M245.14M323.44M408.17M805.64M1.07B1.09B2.00B1.97B2.22B1.79B2.21B1.31B
EBITDA Margin-27.07%-13.81%-4.73%48.94%41.98%44.09%30.52%41.61%40.51%12.30%38.68%40.06%38.52%38.80%28.55%38.83%36.08%37.00%33.13%38.84%35.74%44.54%42.28%42.53%36.27%40.89%26.55%
Net Income-47.64M-32.53M-79.37M-52.30M-71.80M-20.50M-48.73M-8.99M-19.77M-78.06M-12.61M-1.81M-11.89M182.49M-1.78M64.55M77.68M91.54M475.00M389.48M230.26M811.50M834.00M971.00M346.00M722.00M109.00M
Net Income Margin-30.25%-16.89%-44.92%-39.08%-33.50%-8.34%-21.56%-3.39%-7.41%-27.40%-5.01%-0.58%-3.88%48.20%-0.36%10.22%8.67%8.30%19.53%14.08%7.58%18.03%17.94%18.63%7.01%13.35%2.20%
R&D-------------000000--------
R&D as % of Total Revenue-------------0.00%0.00%0.00%0.00%0.00%0.00%--------
Interest Expense042.86M62.09M38.94M68.34M52.27M47.26M51.78M55.04M48.83M39.24M54.27M53.00M51.56M66.24M61.96M80.52M116.08M241.19M220.99M304.35M335.30M283.00M337.00M447.00M444.00M379.00M
Interest Expense % of Total Revenue0.00%22.25%35.14%29.10%31.89%21.27%20.91%19.53%20.63%17.14%15.57%17.32%17.29%13.62%13.19%9.81%8.98%10.52%9.92%7.99%10.01%7.45%6.09%6.47%9.06%8.21%7.66%

Balance Sheet

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets594.61M599.04M668.60M400.32M727.10M734.97M680.08M724.71M708.70M626.59M619.83M602.54M595.03M945.82M1.16B1.46B1.84B2.97B7.48B7.06B13.99B13.40B13.26B12.68B12.08B11.47B10.99B
Total Liabilities594.61M599.04M666.90M430.05M704.40M730.71M746.11M798.00M798.09M791.74M796.09M777.70M778.44M942.86M1.18B1.41B1.75B2.68B5.90B5.19B11.94B10.87B10.41B9.91B9.77B9.20B8.92B
Total Equity001.71M-29.73M3.21M-17.30M-66.03M-73.29M-89.39M-165.16M-176.26M-175.16M-183.40M2.95M-13.23M52.54M80.67M169.14M1.57B1.85B2.03B2.52B2.85B2.74B2.30B2.26B2.06B
Cash4.96M6.55M7.78M19.95M10.85M18.50M13.49M11.18M16.23M15.83M12.75M23.66M7.55M69.00M40.03M131.91M43.42M87.68M115.65M145.12M232.07M152.70M190.90M204.00M147.00M144.00M280.00M
Total Debt---320.02M626.45M654.61M664.31M681.13M681.18M662.12M682.84M656.48M640.36M866.32M1.07B1.24B1.48B2.34B4.36B3.98B8.49B7.70B7.46B7.00B7.13B6.81B6.86B
Net Debt-4.96M-6.55M-7.78M300.07M615.60M636.11M650.83M669.96M664.95M646.28M670.09M632.82M632.82M788.64M1.03B1.10B1.43B2.25B4.25B3.84B8.26B7.55B7.27B6.80B6.98B6.67B6.58B

Cash Flow

Currency: USD1999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow10.25M24.05M120.00K28.74M3.69M31.91M14.35M54.46M36.99M60.65M22.99M59.27M40.34M79.89M27.34M166.53M205.31M284.25M109.09M736.87M417.47M1.25B1.21B1.40B999.00M1.25B891.00M
Investing Cash Flow-155.61M-55.79M--20.31M-124.41M-44.60M-26.36M-79.27M-18.61M-38.49M-35.59M-13.34M-54.58M-238.62M-248.12M-230.03M-474.34M-135.12M-2.07B-175.51M-4.70B-39.75M-232.10M125.20M-173.00M-102.00M-173.00M
Financing Cash Flow142.00M33.32M123.05M12.99M102.37M20.35M6.99M22.50M-13.33M-22.55M9.52M-35.02M-1.87M220.18M191.81M155.39M180.54M822.93M1.06B-531.89M4.39B-1.29B-945.56M-1.51B-899.00M-1.15B-582.00M
Capital Expenditure005.70M11.65M10.31M10.55M14.02M79.88M18.54M30.79M39.78M13.80M13.35M17.26M18.95M20.39M29.02M31.87M72.46M106.25M197.51M217.04M150.76M157.30M149.00M145.00M148.00M
Free Cash Flow10.25M24.05M-17.09M-6.63M21.36M334.00K-25.41M18.45M29.86M-16.79M45.47M26.99M62.63M8.38M146.14M176.29M252.38M36.63M630.62M219.96M1.04B1.06B1.25B850.00M1.10B743.00M
Dividends Paid--57.00K1.42M1.52M32.53M-------014.30M18.45M23.69M29.45M55.89M68.63M82.82M101.04M118.21M142.20M191.00M219.00M169.00M
FCF to OCF100.00%100.00%-59.47%-179.73%66.93%2.33%-46.66%49.87%49.23%-73.03%76.72%66.91%78.39%30.67%87.76%85.86%88.79%33.58%85.58%52.69%82.69%87.59%88.79%85.09%88.40%83.39%
Dividend Paid to FCF---8.30%-22.97%152.29%-------0.00%170.59%12.62%13.44%11.67%152.59%10.88%37.65%9.74%11.11%11.42%22.47%19.82%22.75%

Earnings

Report DateMar 25, 2004May 11, 2004Aug 4, 2004Nov 4, 2004Mar 4, 2005May 4, 2005Aug 2, 2005Nov 2, 2005Mar 2, 2006May 3, 2006Aug 8, 2006Nov 8, 2006Mar 1, 2007May 8, 2007Aug 8, 2007Nov 6, 2007Mar 6, 2008May 7, 2008Aug 5, 2008Nov 10, 2008Mar 5, 2009May 15, 2009Aug 12, 2009Nov 11, 2009Mar 9, 2010May 12, 2010Aug 4, 2010Nov 3, 2010Mar 10, 2011May 11, 2011Aug 9, 2011Nov 8, 2011Mar 8, 2012May 8, 2012Aug 7, 2012Nov 6, 2012Mar 7, 2013May 8, 2013Aug 7, 2013Nov 5, 2013Feb 26, 2014May 8, 2014Aug 7, 2014Nov 7, 2014Feb 26, 2015May 7, 2015Aug 6, 2015Nov 3, 2015Feb 25, 2016May 3, 2016Aug 9, 2016Nov 8, 2016Feb 28, 2017May 9, 2017Aug 8, 2017Nov 6, 2017Feb 27, 2018May 9, 2018Aug 8, 2018Nov 8, 2018Feb 26, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Feb 26, 2020May 6, 2020Aug 5, 2020Nov 5, 2020Feb 23, 2021May 4, 2021Aug 4, 2021Nov 2, 2021Feb 22, 2022May 10, 2022Aug 4, 2022Nov 8, 2022Feb 28, 2023May 9, 2023Aug 8, 2023Nov 8, 2023Feb 28, 2024May 9, 2024Aug 8, 2024Nov 7, 2024Feb 26, 2025May 8, 2025Aug 7, 2025Nov 6, 2025Feb 26, 2026May 7, 2026Aug 6, 2026Nov 5, 2026
EPS Estimate-0.29-0.40-0.09-0.170.04-0.42-0.70-0.36--0.30-0.05-0.090.07-0.28-0.11-0.22-0.12-0.29-0.13-0.110.23-0.04--0.07-0.03-0.170.07-0.030.32-0.25-0.04-0.100.130.010.230.230.560.120.290.220.370.290.310.490.820.390.530.580.890.670.840.871.380.190.760.961.380.971.662.003.400.981.330.372.862.821.183.447.113.323.374.044.914.314.905.698.262.472.360.154.153.724.245.028.023.002.951.834.014.396.548.16
EPS Actual-0.29-0.340.04-0.200.03-0.45-0.71-0.31-0.22-0.26-0.07-0.140.16-0.32-0.09-0.23-0.09-0.340.14-0.010.19-0.31-0.04-0.180.03-0.13-0.05-0.100.50-0.21-0.06-0.220.110.100.300.310.150.020.200.130.700.230.340.480.960.400.630.540.860.690.780.780.640.130.910.991.461.021.872.193.221.181.45-0.112.873.302.024.087.974.334.184.716.666.015.616.275.303.072.610.793.323.743.034.045.633.313.061.054.306.613.61-
Surprise0.00%15.00%144.44%-17.65%-25.00%-7.14%-1.43%13.89%-13.33%-40.00%-55.56%128.57%-14.29%18.18%-4.55%25.00%-17.24%207.69%90.91%-17.39%-675.00%--157.14%200.00%23.53%-171.43%-233.33%56.25%16.00%-50.00%-120.00%-15.38%900.00%30.43%34.78%-73.21%-83.33%-31.03%-40.91%89.19%-20.69%9.68%-2.04%17.07%2.56%18.87%-6.90%-3.37%2.99%-7.14%-10.34%-53.62%-31.58%19.74%3.13%5.80%5.15%12.65%9.50%-5.29%20.41%9.02%-129.73%0.35%17.02%71.19%18.60%12.10%30.42%24.04%16.58%35.64%39.44%14.49%10.19%-35.84%24.29%10.59%426.67%-20.00%0.54%-28.54%-19.52%-29.77%10.33%3.73%-42.62%7.23%50.57%-44.80%-
Timing-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-market-Pre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap4.98B
Enterprise Value16.74B
Trailing P/E30.64
Forward P/E8.90
PEG Ratio0.28
Price / Sales0.85
Price / Book2.28
EPS5.28
Book Value73.52
Revenue (TTM)5.88B
Gross Profit (TTM)3.24B
EBITDA1.70B
Profit Margin3.20%
Operating Margin21.22%
Return on Equity7.43%
Return on Assets5.09%
Shares Outstanding30.81M
Shares Float28.62M
Beta0.89
Dividend Yield4.59%
Dividend Rate7.44
Payout Ratio47.78%

Analyst Ratings

Buy
Based on 10 analystsTarget 246.75
  • Strong Buy
    6
  • Buy
    1
  • Hold
    3

Ownership Breakdown

Institutions
103.00%
Insiders
6.69%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    3.22M10.44%
  • Vanguard Portfolio Management, LLC
    1.43M4.65%
  • Dimensional Fund Advisors, Inc.
    1.43M4.65%
  • Vanguard Capital Management, LLC
    1.29M4.17%
  • Charles Schwab Investment Management Inc
    986.40K3.20%
  • LSV Asset Management
    936.38K3.04%
  • Neuberger Berman Group LLC
    904.83K2.94%
  • State Street Corp
    892.09K2.90%
  • Fuller & Thaler Asset Management Inc
    862.25K2.80%
  • Geode Capital Management, LLC
    822.53K2.67%
  • FMR Inc
    698.07K2.27%
  • HHG PLC
    643.86K2.09%
  • Massachusetts Financial Services Company
    583.33K1.89%
  • JPMorgan Chase & Co
    535.82K1.74%

Top Fund Holders

  • iShares Core S&P Mid-Cap ETF
    1.00M3.26%
  • Vanguard MStar Total Stk Mkt Idx Invest
    923.20K3.00%
  • Schwab US Dividend Equity ETF™
    784.70K2.55%
  • Vanguard Small Cap Index
    667.68K2.17%
  • Janus Henderson Contrarian D
    630.59K2.05%
  • iShares Select Dividend ETF
    537.09K1.74%

Dividends

20264×
1.86Nov 13, 20261.86Aug 14, 20261.86May 15, 20261.86Feb 13, 2026
20254×
1.86Nov 12, 20251.86Aug 15, 20251.86May 19, 20251.86Feb 12, 2025
20244×
1.69Nov 15, 20241.69Aug 9, 20241.69May 9, 20241.69Feb 8, 2024
20234×
1.35Nov 9, 20231.35Aug 9, 20231.35May 11, 20231.35Feb 9, 2023
20224×
0.90Nov 10, 20220.90Aug 10, 20220.90May 12, 20220.90Feb 10, 2022
20214×
0.70Nov 10, 20210.70Aug 12, 20210.70May 13, 20210.70Feb 11, 2021