nexstar media group - NXST
NXST
Close Chg Chg %
157.01 1.48 0.94%
Closed Market
158.49
+1.48 (0.94%)
Volume: 2.16M
Last Updated:
Dec 20, 2024, 4:00 PM EDT
Company Overview: nexstar media group - NXST
NXST Key Data
| Open $157.42 | Day Range 156.74 - 161.04 |
| 52 Week Range 147.25 - 191.86 | Market Cap $4.87B |
| Shares Outstanding 31.02M | Public Float 29.06M |
| Beta 1.44 | Rev. Per Employee N/A |
| P/E Ratio 8.82 | EPS $18.06 |
| Yield 430.55% | Dividend $1.69 |
| EX-DIVIDEND DATE Nov 15, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 406.34K |
NXST Performance
| 1 Week | -3.71% | ||
| 1 Month | -6.63% | ||
| 3 Months | -4.75% | ||
| 1 Year | 0.96% | ||
| 5 Years | 35.12% |
NXST Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
10
Full Ratings ➔
About nexstar media group - NXST
Nexstar Media Group, Inc. is a television broadcasting and digital media company, which engages in the acquisition, development, and operation of television stations and interactive community websites and digital media services. The firm offers services free over-the-air programming which includes programs produced by networks with which the stations are affiliated, programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. The company was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.
NXST At a Glance
Nexstar Media Group, Inc.
545 East John Carpenter Freeway
Irving, Texas 75062
| Phone | 1-972-373-8800 | Revenue | 4.93B | |
| Industry | Broadcasting | Net Income | 346.00M | |
| Sector | Consumer Services | Employees | 13,294 | |
| Fiscal Year-end | 12 / 2024 | |||
| View SEC Filings |
NXST Valuation
| P/E Current | 8.815 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 16.234 |
| Price to Sales Ratio | 1.139 |
| Price to Book Ratio | 2.291 |
| Price to Cash Flow Ratio | 5.623 |
| Enterprise Value to EBITDA | 7.49 |
| Enterprise Value to Sales | 2.557 |
| Total Debt to Enterprise Value | 0.565 |
NXST Efficiency
| Revenue/Employee | 371,069.655 |
| Income Per Employee | 26,026.779 |
| Receivables Turnover | 4.505 |
| Total Asset Turnover | 0.392 |
NXST Liquidity
| Current Ratio | 1.525 |
| Quick Ratio | 1.525 |
| Cash Ratio | 0.153 |
NXST Profitability
| Gross Margin | 37.28 |
| Operating Margin | 15.062 |
| Pretax Margin | 8.129 |
| Net Margin | 7.014 |
| Return on Assets | 2.752 |
| Return on Equity | 13.73 |
| Return on Total Capital | 3.67 |
| Return on Invested Capital | 3.63 |
NXST Capital Structure
| Total Debt to Total Equity | 310.135 |
| Total Debt to Total Capital | 75.618 |
| Total Debt to Total Assets | 58.142 |
| Long-Term Debt to Equity | 302.697 |
| Long-Term Debt to Total Capital | 73.804 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Nexstar Media Group - NXST
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 4.50B | 4.65B | 5.21B | 4.93B | |
Sales Growth
| +48.10% | +3.27% | +12.10% | -5.33% | |
Cost of Goods Sold (COGS) incl D&A
| 2.29B | 2.45B | 2.67B | 3.09B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 564.89M | 588.54M | 662.10M | 941.00M | |
Depreciation
| 147.69M | 166.56M | 159.90M | 176.00M | |
Amortization of Intangibles
| 279.71M | 300.91M | 309.30M | 311.00M | |
COGS Growth
| +30.05% | +7.24% | +8.81% | +16.01% | |
Gross Income
| 2.22B | 2.20B | 2.54B | 1.84B | |
Gross Income Growth
| +72.85% | -0.83% | +15.78% | -27.72% | |
Gross Profit Margin
| +49.23% | +47.27% | +48.82% | +37.28% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 908.66M | 1.02B | 1.10B | 1.10B | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 908.66M | 1.02B | 1.10B | 1.10B | |
SGA Growth
| +34.52% | +12.72% | +7.58% | -0.54% | |
Other Operating Expense
| - | - | - | - | - |
Unusual Expense
| 58.08M | 23.49M | 135.80M | 35.00M | |
EBIT after Unusual Expense
| 1.25B | 1.15B | 1.31B | 708.00M | |
Non Operating Income/Expense
| 190.75M | 226.28M | 247.30M | 140.00M | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| 70.15M | 124.58M | 153.40M | 104.00M | |
Interest Expense
| 335.30M | 282.65M | 336.60M | 447.00M | |
Interest Expense Growth
| +10.17% | -15.70% | +19.09% | +32.80% | |
Gross Interest Expense
| 335.30M | 282.65M | 336.60M | 447.00M | |
Interest Capitalized
| - | - | - | - | - |
Pretax Income
| 1.10B | 1.09B | 1.22B | 401.00M | |
Pretax Income Growth
| +195.88% | -1.02% | +11.32% | -67.05% | |
Pretax Margin
| +24.54% | +23.52% | +23.36% | +8.13% | |
Income Tax
| 296.51M | 262.88M | 273.60M | 131.00M | |
Income Tax - Current - Domestic
| 338.21M | 257.37M | 375.30M | 207.00M | |
Income Tax - Current - Foreign
| - | - | - | - | - |
Income Tax - Deferred - Domestic
| (41.71M) | 5.51M | (101.70M) | (76.00M) | |
Income Tax - Deferred - Foreign
| - | - | - | - | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| 70.15M | 124.58M | 153.40M | 104.00M | |
Other After Tax Income (Expense)
| - | - | - | - | - |
Consolidated Net Income
| 808.06M | 830.44M | 943.50M | 270.00M | |
Minority Interest Expense
| (3.38M) | (4.13M) | (27.60M) | (76.00M) | |
Net Income
| 811.44M | 834.57M | 971.10M | 346.00M | |
Net Income Growth
| +252.40% | +2.85% | +16.36% | -64.37% | |
Net Margin Growth
| +18.03% | +17.95% | +18.64% | +7.01% | |
Extraordinaries & Discontinued Operations
| - | - | - | - | - |
Discontinued Operations
| - | - | - | - | - |
Net Income After Extraordinaries
| 811.44M | 834.57M | 971.10M | 346.00M | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 811.44M | 834.57M | 971.10M | 346.00M | |
EPS (Basic)
| 18.0637 | 19.8079 | 24.6792 | 9.797 | |
EPS (Basic) Growth
| +260.75% | +9.66% | +24.59% | -60.30% | |
Basic Shares Outstanding
| 44.92M | 42.13M | 39.35M | 35.32M | |
EPS (Diluted)
| 17.3682 | 18.9752 | 24.1645 | 9.6556 | |
EPS (Diluted) Growth
| +261.48% | +9.25% | +27.35% | -60.04% | |
Diluted Shares Outstanding
| 46.72M | 43.98M | 40.19M | 35.83M | |
EBITDA
| 1.87B | 1.76B | 2.10B | 1.68B | |
EBITDA Growth
| +84.40% | -5.90% | +19.45% | -19.97% | |
EBITDA Margin
| +41.59% | +37.90% | +40.38% | +34.14% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 201.111 | |
| Number of Ratings | 10 | Current Quarters Estimate | 8.107 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 22.154 | |
| Last Quarter’s Earnings | 5.27 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 9.64 | Next Fiscal Year Estimate | 13.71 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 8 | 6 | 8 | 8 |
| Mean Estimate | 8.11 | 3.67 | 22.15 | 13.71 |
| High Estimates | 8.81 | 4.10 | 23.46 | 16.07 |
| Low Estimate | 7.32 | 3.18 | 21.25 | 11.41 |
| Coefficient of Variance | 6.05 | 8.08 | 2.90 | 9.99 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 6 | 6 | 8 |
| OVERWEIGHT | 1 | 1 | 0 |
| HOLD | 3 | 3 | 3 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 0 | 0 | 0 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Nexstar Media Group - NXST
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Nexstar Media Group - NXST
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Nov 26, 2024 | Brett E. Jenkins See Remarks | 25,540 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $170.64 per share | 4,358,145.60 |
| Aug 29, 2024 | Rachel Morgan EVP General Counsel | N/A | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $171.3 per share | 0.00 |
| Aug 23, 2024 | Michael Biard President & COO | 3,792 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $169.28 per share | 641,909.76 |
| Aug 23, 2024 | Michael Biard President & COO | 18,750 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 23, 2024 | Michael Biard President & COO | 6,250 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 16, 2024 | Lee Ann Gliha EVP, Chief Financial Officer | 1,250 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 16, 2024 | Lee Ann Gliha EVP, Chief Financial Officer | 8,107 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $157.63 per share | 1,277,906.41 |
| Aug 16, 2024 | Lee Ann Gliha EVP, Chief Financial Officer | 9,091 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 16, 2024 | Lee Ann Gliha EVP, Chief Financial Officer | 1,250 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Aug 16, 2024 | Lee Ann Gliha EVP, Chief Financial Officer | 7,841 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 19, 2024 | Blake Russell EVP, Operations | 1,969 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 19, 2024 | Blake Russell EVP, Operations | 1,969 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 19, 2024 | Gary Weitman See Remarks | 1,969 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 19, 2024 | Gary Weitman See Remarks | 12,999 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $150.56 per share | 1,957,129.44 |
| Jun 19, 2024 | Blake Russell EVP, Operations | 26,978 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $150.56 per share | 4,061,807.68 |
| Jun 19, 2024 | Sean Compton President, Networks | 2,812 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 19, 2024 | Gary Weitman See Remarks | 12,477 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $149.08 per share | 1,860,071.16 |
| Jun 19, 2024 | Sean Compton President, Networks | 14,516 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $150.56 per share | 2,185,528.96 |
| Jun 19, 2024 | Gary Weitman See Remarks | 1,969 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 | 0.00 |
| Jun 19, 2024 | Irving Martin Pompadur Director | 19,060 | Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $151.94 per share | 2,895,976.40 |