Fact-based summary: Nexstar Media Group (NXST) is the largest U.S. local television broadcaster owning or operating 265 stations across 132 markets reaching ~220 million people (~70% of U.S. households), with a current stock price of approximately $175.56 (as of July 15, 2026 close) amid analyst consensus "Buy/Strong Buy" ratings implying 45-50% upside potential, despite YTD declines, a high P/E ratio, recent Q1 earnings beat, and regulatory uncertainties surrounding its TEGNA acquisition.
Data as of July 15, 2026 or latest reported; sources include Yahoo Finance, company IR, MarketBeat, TipRanks, and others. Stock prices are volatile and real-time data may differ.
$175.56 (last close as of July 15, 2026; +0.06% or +$0.10 from prior close in one report; intraday/pre-market fluctuations noted around $174–$176 in sources).
Yahoo Finance - NXST Quote | Nasdaq - NXST
Uncertainty flagged: Prices fluctuate intraday and across trading sessions; pre-market data showed minor drops (e.g., -$0.55). All figures are snapshots from search results dated around July 13–15, 2026.
| Metric | Value | Notes |
|---|---|---|
| YTD Change | -13.54% to -14.28% | Underperformed broader market |
| 1-Year Change | -4.63% to -5.88% | Trading near 52-week lows relative to high |
| 1-Month Change | +0.37% to +0.55% | Recent stabilization |
| 3-Month Change | -9.61% | Decline noted |
| Beta | 0.90 | Slightly less volatile than market |
StockAnalysis - NXST Performance | Simply Wall St - NXST
| Metric | Value | Change/Notes |
|---|---|---|
| Revenue (TTM) | $5.11 billion | -4.6% (some reports); FY2024 ~$5.41B |
| Q1 2026 Revenue | ~$1.4 billion | +13% YoY (one report) |
| Net Income (recent/TTM) | $146M – $165M | Significant YoY decline (e.g., -74.8% in some metrics); margins pressured |
| EPS (Q1 2026) | $5.09 | Beat estimate of $4.47 by 13.87%; prior year $3.37 |
| P/E Ratio | ~35.89 – 38.0 | High relative to earnings volatility |
| Gross Profit/Margin | ~$2.82B / ~55% | Stable |
| Operating Income | ~$895M | — |
Interpretation: Strong Q1 earnings beat and revenue growth in some periods suggest operational resilience in local advertising and content, but overall net income declines and high P/E indicate valuation concerns or one-time items.
Fact: Next earnings (Q2 2026) expected August 6, 2026. Company emphasizes local news/sports/entertainment production (~450,000+ hours annually).
Nexstar Investor Relations | Yahoo Finance - Financials
Limitations/Assumptions flagged: Financials are TTM or specific quarterly reports (e.g., Q1 2026); full FY2025/2026 details pending; revenue figures vary slightly across sources due to reporting periods or acquisitions. TEGNA acquisition impact not fully reflected in all metrics yet. No forward-looking projections included here.
Consensus: Buy or Strong Buy (6–14 analysts tracked across sources).
| Source | Consensus | Avg Target | High/Low |
|---|---|---|---|
| MarketBeat (8 analysts) | Buy | $259.67 | $290 / $220 |
| TipRanks / Others | Strong Buy | $256–$262 | $290 / $205 |
| Benzinga (10 analysts) | Buy | $247.30 | $300 / $200 |
Interpretation: Analysts view the large station portfolio, political advertising potential (swing states), and diversification into digital/national properties (CW, NewsNation) as growth drivers, outweighing near-term regulatory or ad market risks.
MarketBeat - NXST Forecast | TipRanks - NXST
Uncertainty flagged: Analyst ratings and targets are subjective opinions that change frequently based on earnings, M&A, and macro factors; past performance or consensus does not guarantee future results. Recent updates as of May–July 2026.
Fact: No exhaustive public list of individual named customers; focus is on broad local/national advertiser base and mass audience reach. Specific customer logos or contracts not detailed in public sources.
Primary local TV broadcast peers (comparison table):
| Company (Ticker) | Stations/Markets | Market Cap (approx.) | Revenue (recent) | Key Notes |
|---|---|---|---|---|
| Nexstar (NXST) | 265 / 132 | $5.36B | $5.11B TTM | Largest; diversified into digital/national |
| Sinclair (SBGI) | ~200+ / ~100+ | ~$3.2B | ~$3.2B | Regional focus; similar acquisition strategy |
| Gray Media (GTN) | ~100+ / regional | ~$3.1B | ~$3.1B | Strong in mid/small markets |
| Entravision (EVC) | Smaller Hispanic-focused | Smaller | Smaller | Niche demographics |
Broader media competitors: Fox Corp, News Corp, Comcast (larger national players).
Interpretation: NXST's scale provides competitive advantages in national reach and negotiating power, but peers may offer regional specialization or lower valuations.
Overview (Fact): Nexstar Media Group, Inc. (NASDAQ: NXST), headquartered in Irving, TX (ops in Manhattan/Chicago), is a diversified media company focused on local and national news, sports, and entertainment across TV stations, digital platforms (176+ websites, 292+ apps), and national properties including The CW Network, NewsNation, Antenna TV, Rewind TV, and stake in TV Food Network. Employs ~11,000–13,000; produces extensive local content.
History (Fact): Founded June 17, 1996, by Perry A. Sook with purchase of WYOU (Scranton, PA). Grew via acquisitions: Media General (2016), Tribune Media (2019 – became largest local broadcaster). Recent: TEGNA acquisition process (deck in 2025; mentions of 2026 completion/challenges including MA AG lawsuit and injunction appeal).
Uncertainty flagged: Merger outcomes pending regulatory approval; news is time-sensitive and may evolve rapidly.
All information compiled from public web search results as of July 15, 2026. This is not financial advice. Consult official filings (SEC via EDGAR), professional advisors, and real-time sources for investment decisions. Data limitations include potential discrepancies between sources, delayed reporting, and market volatility.