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Nexstar Media Group Inc NXST Stock Quote

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NASDAQ: NXST

Morningstar‘s Stock Analysis NXST

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Economic Moat

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Record Midterm Political Spending Will Drive Top-Line Growth at Nexstar, Raising FVE to $175

Neil Macker Senior Equity Analyst

Business Strategy and Outlook

| Neil Macker |

Nexstar is the largest television station owner/operator in the United States, with 199 stations in 116 markets. Of its 199 full-power stations, 155 are affiliated with the four national broadcasters: CBS (49), Fox (42), NBC (35), and ABC (29). The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households.

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Key Statistics NXST

Company Profile NXST

Business Description

Nexstar is the largest television station owner/operator in the United States, with 199 stations in 116 markets. Of its 199 full-power stations, 155 are affiliated with the four national broadcasters: CBS (49), Fox (42), NBC (35), and ABC (29).he 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, and a 31% stake in Food Network and Cooking Channel.

Contact
545 E. John Carpenter Freeway, Suite 700
Irving, TX, 75062
Industry Entertainment
Employees 12,473

Related Articles NXST

FAQs for Nexstar Media Group Inc Stock

Yes. NXST has a forward dividend yield of 1.98%. See NXST’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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NXST’s market cap is 6.78 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

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NXST’s stock style is Mid Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

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NXST’s price/sales is 1.51.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

NXST’s price/forward earnings is 11.17.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

NXST’s price/book is 2.34.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See NXST’s valuation ratios compared to the Market Index.

NXST’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare NXST’s historical performance against its industry peers and the overall market.