Nexstar Media Group, Inc is a broadcasting business based in the US. Nexstar Media Group shares (NXST) are listed on the NASDAQ and all prices are listed in US Dollars. Nexstar Media Group employs 11,086 staff and has a trailing 12-month revenue of around 0.00.
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What's in this guide?
Nexstar Media Group stock price (NASDAQ: NXST)Use our graph to track the performance of NXST stocks over time.
Nexstar Media Group shares at a glance
|Latest market close||$151.91|
|52-week range||$79.05 - $162.84|
|50-day moving average||$145.87|
|200-day moving average||$141.68|
|Wall St. target price||$181.78|
|Dividend yield||$2.38 (1.62%)|
|Earnings per share (TTM)||$18.52|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Nexstar Media Group stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Nexstar Media Group price performance over time
|1 week (2021-07-20)||N/A|
|1 month (2021-07-01)||0.34%|
|3 months (2021-04-30)||3.05%|
|6 months (2021-01-27)||N/A|
|1 year (2020-07-27)||N/A|
|2 years (2019-07-27)||N/A|
|3 years (2018-07-27)||N/A|
|5 years (2016-07-27)||N/A|
Is Nexstar Media Group under- or over-valued?
Valuing Nexstar Media Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nexstar Media Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Nexstar Media Group's P/E ratio
Nexstar Media Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Nexstar Media Group shares trade at around 8x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Nexstar Media Group's PEG ratio
Nexstar Media Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 12.4296. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Nexstar Media Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Nexstar Media Group's EBITDA
Nexstar Media Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.8 billion.
The EBITDA is a measure of a Nexstar Media Group's overall financial performance and is widely used to measure a its profitability.
Nexstar Media Group financials
|Revenue TTM||$4.5 billion|
|Operating margin TTM||30.99%|
|Gross profit TTM||$2.8 billion|
|Return on assets TTM||6.51%|
|Return on equity TTM||36.1%|
|Market capitalisation||$6.4 billion|
TTM: trailing 12 months
Shorting Nexstar Media Group shares
There are currently 1.9 million Nexstar Media Group shares held short by investors – that's known as Nexstar Media Group's "short interest". This figure is 8.7% down from 2.0 million last month.
There are a few different ways that this level of interest in shorting Nexstar Media Group shares can be evaluated.
Nexstar Media Group's "short interest ratio" (SIR)
Nexstar Media Group's "short interest ratio" (SIR) is the quantity of Nexstar Media Group shares currently shorted divided by the average quantity of Nexstar Media Group shares traded daily (recently around 362076.5625). Nexstar Media Group's SIR currently stands at 5.12. In other words for every 100,000 Nexstar Media Group shares traded daily on the market, roughly 5120 shares are currently held short.
However Nexstar Media Group's short interest can also be evaluated against the total number of Nexstar Media Group shares, or, against the total number of tradable Nexstar Media Group shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Nexstar Media Group's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Nexstar Media Group shares in existence, roughly 40 shares are currently held short) or 0.0444% of the tradable shares (for every 100,000 tradable Nexstar Media Group shares, roughly 44 shares are currently held short).
A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Nexstar Media Group.
Find out more about how you can short Nexstar Media Group stock.
Nexstar Media Group share dividends
Dividend payout ratio: 16.15% of net profits
Recently Nexstar Media Group has paid out, on average, around 16.15% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.89% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nexstar Media Group shareholders could enjoy a 1.89% return on their shares, in the form of dividend payments. In Nexstar Media Group's case, that would currently equate to about $2.38 per share.
While Nexstar Media Group's payout ratio might seem low, this can signify that Nexstar Media Group is investing more in its future growth.
Nexstar Media Group's most recent dividend payout was on 27 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 12 May 2021 (the "ex-dividend date").
Nexstar Media Group share price volatility
Over the last 12 months, Nexstar Media Group's shares have ranged in value from as little as $79.0458 up to $162.835. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Nexstar Media Group's is 1.8672. This would suggest that Nexstar Media Group's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Nexstar Media Group overview
Nexstar Media Group, Inc. , a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc.
Stocks similar to Nexstar Media Group
Nexstar Media Group in the news
Nexstar Media Group Declares Quarterly Cash Dividend of $0.70 Per Share
Nexstar Media Group Declares Quarterly Cash Dividend of $0.70 Per Share
Nexstar Broadcasting Group (NXST) Earnings Expected to Grow: Should You Buy?
Frequently asked questionsWhat percentage of Nexstar Media Group is owned by insiders or institutions?
Currently 3.911% of Nexstar Media Group shares are held by insiders and 98.502% by institutions. How many people work for Nexstar Media Group?
Latest data suggests 11,086 work at Nexstar Media Group. When does the fiscal year end for Nexstar Media Group?
Nexstar Media Group's fiscal year ends in December. Where is Nexstar Media Group based?
Nexstar Media Group's address is: 545 East John Carpenter Freeway, Irving, TX, United States, 75062 What is Nexstar Media Group's ISIN number?
Nexstar Media Group's international securities identification number is: US65336K1034 What is Nexstar Media Group's CUSIP number?
Nexstar Media Group's Committee on Uniform Securities Identification Procedures number is: 65336K103
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