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How to buy Nexstar Media Group stock | $104.58

Own Nexstar Media Group stock in just a few minutes.

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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 13,589 staff and has a trailing 12-month revenue of around USD$4.2 billion.

How to buy shares in Nexstar Media Group

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Nexstar Media Group. Find the stock by name or ticker symbol: NXST. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Nexstar Media Group reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$104.58, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Nexstar Media Group, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Nexstar Media Group. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Nexstar Media Group share price

Use our graph to track the performance of NXST stocks over time.

Nexstar Media Group shares at a glance

Information last updated 2020-11-27.
Latest market close USD$104.58
52-week range USD$42.4459 - USD$129.827
50-day moving average USD$92.6163
200-day moving average USD$89.3409
Wall St. target price USD$128.3
PE ratio 9.0311
Dividend yield USD$2.24 (2.04%)
Earnings per share (TTM) USD$11.848

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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

Historical closes compared with the close of $104.58 from 2020-11-16

1 week (2020-11-25) -4.36%
1 month (2020-11-06) 20.99%
3 months (2020-09-04) 9.36%
6 months (2020-06-05) 4.65%
1 year (2019-12-05) -2.77%
2 years (2018-12-04) 22.60%
3 years (2017-12-05) 49.08%
5 years (2015-12-04) 77.53%

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 9x. In other words, Nexstar Media Group shares trade at around 9x 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 2.0656. 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 USD$1.6 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 USD$4.2 billion
Operating margin TTM 27.24%
Gross profit TTM USD$1.7 billion
Return on assets TTM 5.25%
Return on equity TTM 26.59%
Profit margin 13.27%
Book value $50.747
Market capitalisation USD$4.7 billion

TTM: trailing 12 months

Shorting Nexstar Media Group shares

There are currently 2.8 million Nexstar Media Group shares held short by investors – that's known as Nexstar Media Group's "short interest". This figure is 9% down from 3.1 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 336358.53365385). Nexstar Media Group's SIR currently stands at 8.32. In other words for every 100,000 Nexstar Media Group shares traded daily on the market, roughly 8320 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 0.06% of the outstanding shares (for every 100,000 Nexstar Media Group shares in existence, roughly 60 shares are currently held short) or 0.0661% of the tradable shares (for every 100,000 tradable Nexstar Media Group shares, roughly 66 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

19%

Dividend payout ratio: 18.87% of net profits

Recently Nexstar Media Group has paid out, on average, around 18.87% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.04% 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 2.04% return on their shares, in the form of dividend payments. In Nexstar Media Group's case, that would currently equate to about $2.24 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 20 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 5 November 2020 (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 $42.4459 up to $129.827. A popular way to gauge a stock's volatility is its "beta".

NXST.US volatility(beta: 1.84)Avg. volatility(beta: 1.00)LowHigh

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 1.8377. 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. operates as a television broadcasting and digital media company in the United States. The company focuses on the acquisition, development, and operation of television stations and interactive community websites in small and medium-sized markets. It offers free over-the-air programming to television viewing audiences. As of December 31, 2019, the company provided sales, programming, and other services through various local service agreements to 36 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 197 television stations in 115 markets in the states of Alabama, Arkansas, California, Colorado, Connecticut, District of Columbia, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, and Wisconsin. It also offers digital publishing and content management platform, digital video advertising platform, social media advertising platform, and other digital media solutions to media publishers and advertisers, as well as owns WGN America, a national general entertainment cable network. The company affiliates of ABC, NBC, FOX, CBS, The CW, MNTV and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

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