Nexstar Media Group, Inc. (NXST) Stock Price & Analysis
Nexstar Media Group, Inc. (NXST) closed at USD 168.76 on Thursday, October 22, 2026, up 2.38% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 164.83; the Oct 22, 2026 session ranged USD 164.9–169.56 on volume of 283,679 shares. Market capitalization is $5.20B, with a 52-week range of USD 153.17–254.3 (NMS). Source: Nexqual, retrieved October 23, 2026 at 10:12 UTC.
Also available as compact Markdown for AI agents: nexqual.com/NXST.md
Key facts (NXST)
- Last four reported quarters (through Jun 30, 2026): revenue $5.88B, net income $188M (3.2% margin), free cash flow $743M (SEC filings).
- Valuation: P/E 27.7x (avg 26.9x at the last 3 fiscal year-ends), EV/EBITDA 12.0x, net debt $11.5B.
- Analysts: Buy (mean 1.75 on a 1–5 scale) (8 analysts), mean target USD 246.75 (range 205–290).
- Total return with dividends: 1Y -8.5% vs S&P 500 +14.9%; 5Y +31.5% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 11.87, revenue estimate $2.07B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (NXST)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $4.65B | $5.21B | $4.93B | $5.41B | $4.95B | $5.88B |
| Operating income | $1.18B | $1.31B | $708M | $1.27B | $849M | $1.04B |
| Net income | $834M | $971M | $346M | $722M | $109M | $188M |
| EPS (diluted) | $18.98 | $24.16 | $9.64 | $21.41 | $3.00 | — |
| Free cash flow | $1.06B | $1.25B | $850M | $1.10B | $743M | $743M |
| Operating margin | 25.3% | 25.2% | 14.4% | 23.5% | 17.2% | 17.8% |
| Net margin | 17.9% | 18.6% | 7.0% | 13.4% | 2.2% | 3.2% |
| Revenue growth | +3.3% | +12.1% | -5.3% | +9.6% | -8.5% | — |
| Cash + short-term investments | $191M | $204M | $135M | $144M | $280M | — |
| Total debt | $7.42B | $6.95B | $6.84B | $6.52B | $6.33B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (NXST)
P/E 27.7x · P/S 0.9x · EV/EBITDA 12.0x · EV/Sales 2.9x · P/FCF 7.0x · P/B 2.3x · FCF yield 14.29% · Earnings yield 3.62% · Dividend yield (paid, TTM) 4.35% · Net debt $11.5B · EV $16.7B
P/E at fiscal year-ends: Dec 2025 57.2x, Dec 2024 7.2x, Dec 2023 16.2x.
Analysts (NXST)
Consensus Buy (mean 1.75 on a 1–5 scale), 8 analysts; mean target USD 246.75 (low 205, high 290).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-08-07 | Wells Fargo | Target lowered | Overweight | $253 → $249 |
Total return (dividends reinvested) (NXST)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -8.5% | +31.5% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -8.5% | +5.6% |
| Volatility (annualized) | 36.2% | 33.1% |
| Max drawdown | -38.4% (Mar 2026→Jun 2026) | -36.9% (Feb 2026→Sep 2026) |
Companies that name NXST in their SEC reports
| Relationship to NXST | Company | Filing | Sentence |
|---|---|---|---|
| partner | E.W. SCRIPPS Co (SSP) | 10-K Feb 27, 2026 | “In January 2025, we announced the formation of a joint venture with Gray Media, Nexstar Media Group, Inc. and Sinclair, Inc. Leveraging broadcasters' uniquely efficient network architecture and the ATSC 3.0 transmission standard, EdgeBeam Wireless, LLC will provide expansive, reliable and secure data delivery services.” |
NXST analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $11.87 | $8.83 | +34.4% | $2.07B | 1 |
| Next quarter (ends Dec 2026) | $17.86 | $14.28 | +25.1% | $2.34B | 1 |
| Current fiscal year (ends Dec 2026) | $35.06 | $34.19 | +2.6% | $7.80B | 3 |
| Next fiscal year (ends Dec 2027) | $25.98 | $24.20 | +7.4% | $7.59B | 3 |
Key Statistics (as of October 23, 2026 at 10:12 UTC)
| Price | USD 168.76 |
|---|---|
| Change | ▲ 2.38% (up) |
| Previous Close | USD 164.83 |
| Open | USD 164.9 |
| Day Range | USD 164.9 – 169.56 |
| 52-Week Range | USD 153.17 – 254.3 |
| Volume | 283,679 shares |
| Market Cap | $5.20B |
| Exchange | NMS |
Technical Analysis (NXST)
Nexqual's technical model rates NXST "SELL" based on 2 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 10:12 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 54.34 (neutral) |
| vs SMA50 | Below (USD 170.28) |
| MACD | -0.48 (negative) |
Analyst Ratings (NXST)
Wall Street analysts rate NXST "Buy" based on 8 analysts, with a mean price target of USD 246.75 (range USD 205–290), per Nexqual as of October 23, 2026 at 10:12 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 8 |
| Mean Target | USD 246.75 |
| High Target | USD 290 |
| Low Target | USD 205 |
| Buy / Hold / Sell | 8 / 0 / 0 |
Earnings (NXST)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 11.87 |
| Revenue Estimate | $2.07B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 4.98 vs est 7.47 ▼ miss |
| 2026-03-31 | USD 6.61 vs est 4.39 ▲ beat |
| 2025-12-31 | USD 5.48 vs est 3.55 ▲ beat |
| 2025-09-30 | USD 1.05 vs est 1.83 ▼ miss |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Financials & Fundamentals (NXST)
| Total Revenue | $5.88B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +62.20% |
| Gross Margin | +55.07% |
| Operating Margin | +21.22% |
| Profit Margin | +3.20% |
| ROE | +7.43% |
| Debt / Equity | 5.34 |
| Current Ratio | 1.56 |
| Total Cash | $218.00M |
| Total Debt | $12.09B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $743.00M (12.6% of revenue) |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Financial Health Score (NXST)
Nexqual rates Nexstar Media Group, Inc.'s overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 10:12 UTC.
| Growth | Weak — Revenue -8% YoY (annual), declining |
|---|---|
| Profitability | Strong — Gross margin 55%, operating 21% (last 12 months) |
| Balance Sheet | Critical — $218M cash and investments vs $11.7B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $743M (last 4 quarters to Jun 2026, SEC), 13% margin |
| Efficiency | Mixed — ROE 7%, ROA 5.1% |
Ownership (NXST)
| Insider Ownership | +6.69% |
|---|---|
| Institutional Ownership | +102.33% |
| Shares Outstanding | 30.81M |
| Float | 28.62M |
| Short % of Float | +12.50% |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Leadership (NXST)
Nexstar Media Group, Inc. is led by Perry A. Sook, Founder, Chairman & CEO, per Nexqual as of October 23, 2026 at 10:12 UTC.
| Founder, Chairman & CEO | Perry A. Sook |
|---|---|
| President & COO | Michael Biard |
| Executive VP & CFO | Lee Ann Gliha |
| President of Networks Division | Sean Compton |
| President of Distribution & Strategy | Dana Zimmer |
Major Backers & Investors (NXST)
Notable institutional backers of Nexstar Media Group, Inc. include Charles Schwab Investment Management, Inc., LSV Asset Management, FMR, LLC, according to Nexqual as of October 23, 2026 at 10:12 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Charles Schwab Investment Management, Inc. | 3.51% |
| LSV Asset Management | 3.04% |
| FMR, LLC | 3.04% |
| Massachusetts Financial Services Co. | 2.73% |
| Charles Schwab | 2.21% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 10.9% |
| Vanguard Group | 8.86% |
| Dimensional Fund Advisors | 4.65% |
| State Street | 3.07% |
| Geode Capital | 2.8% |
Source: Nexqual, October 23, 2026 at 10:12 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| NMAX | Newsmax, Inc. | USD 8.17 | ▼ 2.51% |
| SBGI | Sinclair, Inc. | USD 12.8 | ▲ 0.95% |
| GTN-A | Gray Media, Inc. | USD 6.04 | ▼ 12.46% |
| BIDU | Baidu, Inc. | USD 77.98 | ▼ 1.07% |
| FOXA | Fox Corporation | USD 68.27 | ▲ 3.69% |
| RDDT | Reddit, Inc. | USD 150.26 | ▼ 1.97% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 10:12 UTC. This page is informational and not investment advice.
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