Nexstar Media Group (NXST) – Research Analysts’ Recent Ratings Changes

Nexstar Media Group (NASDAQ: NXST) has recently received a number of price target changes and ratings updates:

• 3/10/2025 – Nexstar Media Group had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $200.00 price target on the stock.
• 3/5/2025 – Nexstar Media Group had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $200.00 price target on the stock.
• 3/3/2025 – Nexstar Media Group was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/28/2025 – Nexstar Media Group had its price target raised by analysts at Benchmark Co. from $200.00 to $225.00. They now have a “buy” rating on the stock.
• 2/28/2025 – Nexstar Media Group had its price target raised by analysts at Guggenheim from $210.00 to $220.00. They now have a “buy” rating on the stock.
• 2/28/2025 – Nexstar Media Group was upgraded by analysts at Loop Capital from a “hold” rating to a “buy” rating. They now have a $200.00 price target on the stock, up previously from $190.00.
• 2/27/2025 – Nexstar Media Group had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $200.00 price target on the stock.
• 1/22/2025 – Nexstar Media Group had its “buy” rating reaffirmed by analysts at Guggenheim.

Nexstar Media Group Stock Performance

Shares of NXST opened at $169.16 on Thursday. The business’s fifty day simple moving average is $157.22 and its two-hundred day simple moving average is $163.76. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 2.98. Nexstar Media Group, Inc. has a 12 month low of $146.04 and a 12 month high of $191.86. The company has a market cap of $5.16 billion, a price-to-earnings ratio of 9.78, a P/E/G ratio of 0.45 and a beta of 1.47.

Nexstar Media Group (NASDAQ:NXST) last issued its earnings results on Thursday, February 27th. The company reported $7.56 EPS for the quarter, missing the consensus estimate of $9.22 by ($1.66). Nexstar Media Group had a net margin of 11.39% and a return on equity of 26.03%. The business had revenue of $1.49 billion for the quarter, compared to analysts’ expectations of $1.48 billion. Research analysts anticipate that Nexstar Media Group, Inc. will post 21.62 earnings per share for the current fiscal year.

Nexstar Media Group Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 26th. Stockholders of record on Wednesday, February 12th were paid a $1.86 dividend. This is an increase from Nexstar Media Group’s previous quarterly dividend of $1.69. This represents a $7.44 dividend on an annualized basis and a dividend yield of 4.40%. The ex-dividend date of this dividend was Wednesday, February 12th. Nexstar Media Group’s dividend payout ratio (DPR) is 34.56%.

Insider Transactions at Nexstar Media Group

In other news, insider Gary Weitman sold 1,241 shares of the firm’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $177.21, for a total value of $219,917.61. Following the transaction, the insider now directly owns 3,975 shares in the company, valued at $704,409.75. This trade represents a 23.79 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CEO Perry A. Sook sold 52,808 shares of the firm’s stock in a transaction on Monday, December 23rd. The stock was sold at an average price of $157.41, for a total value of $8,312,507.28. Following the completion of the transaction, the chief executive officer now owns 674,694 shares in the company, valued at approximately $106,203,582.54. This trade represents a 7.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 161,455 shares of company stock worth $26,158,403 in the last ninety days. Insiders own 6.30% of the company’s stock.

Hedge Funds Weigh In On Nexstar Media Group

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP lifted its position in Nexstar Media Group by 0.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,331,355 shares of the company’s stock valued at $210,314,000 after purchasing an additional 4,704 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of Nexstar Media Group by 27,180.2% in the fourth quarter. Pacer Advisors Inc. now owns 1,206,877 shares of the company’s stock valued at $190,650,000 after acquiring an additional 1,202,453 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Nexstar Media Group by 1.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,102,126 shares of the company’s stock worth $174,103,000 after purchasing an additional 18,675 shares in the last quarter. Demars Financial Group LLC raised its stake in Nexstar Media Group by 16,009.5% during the 4th quarter. Demars Financial Group LLC now owns 773,737 shares of the company’s stock valued at $122,227,000 after purchasing an additional 768,934 shares during the period. Finally, Northern Trust Corp lifted its holdings in Nexstar Media Group by 22.3% in the 4th quarter. Northern Trust Corp now owns 463,139 shares of the company’s stock worth $73,162,000 after purchasing an additional 84,367 shares in the last quarter. 95.30% of the stock is currently owned by hedge funds and other institutional investors.

Nexstar Media Group, Inc operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.