Nexstar Media GroupNXST
About: Nexstar Media Group Inc is the largest television station owner-operator in the United States with over 200 stations in 116 markets. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 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 stations in 12 of the top 20 television markets and reaches 68% of us TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.
Employees: 13,294
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
99% more call options, than puts
Call options by funds: $29.3M | Put options by funds: $14.7M
33% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 52
2% more funds holding
Funds holding: 452 [Q3] → 461 (+9) [Q4]
0.91% more ownership
Funds ownership: 91.77% [Q3] → 92.68% (+0.91%) [Q4]
4% less capital invested
Capital invested by funds: $4.89B [Q3] → $4.69B (-$198M) [Q4]
18% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 180
25% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Rosenblatt Barton Crockett 45% 1-year accuracy 28 / 62 met price target | 12%upside $200 | Buy Maintained | 10 Mar 2025 |
Barrington Research James Goss 54% 1-year accuracy 52 / 97 met price target | 12%upside $200 | Outperform Maintained | 5 Mar 2025 |
Loop Capital Alan Gould 50% 1-year accuracy 12 / 24 met price target | 12%upside $200 | Buy Upgraded | 28 Feb 2025 |
Benchmark Daniel Kurnos 53% 1-year accuracy 47 / 88 met price target | 26%upside $225 | Buy Maintained | 28 Feb 2025 |
Guggenheim Curry Baker 33% 1-year accuracy 11 / 33 met price target | 23%upside $220 | Buy Maintained | 28 Feb 2025 |
Financial journalist opinion
Based on 3 articles about NXST published over the past 30 days









