Nexstar Media GroupNXST
NXST
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
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
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
23% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 52
7.55% more ownership
Funds ownership: 90.19% [Q3] → 97.74% (+7.55%) [Q4]
1% less funds holding
Funds holding: 452 [Q3] → 448 (-4) [Q4]
4% less capital invested
Capital invested by funds: $4.89B [Q3] → $4.67B (-$216M) [Q4]
17% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 176
25% less funds holding in top 10
Funds holding in top 10: 8 [Q3] → 6 (-2) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for NXST.
Financial journalist opinion
Based on 5 articles about NXST published over the past 30 days
Neutral
Business Wire
3 days ago
Nexstar Media Names Samantha Osborne Reynolds as Vice President of Political Sales
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group names Samantha Osborne Reynolds VP of Political Sales. She will oversee the company's new national political sales division.
Neutral
CNBC Television
3 days ago
Final Trades: Toast, Nexstar Media Group, Salesforce and Intuitive Surgical
The Investment Committee give you their top stocks to watch for the second half.
Neutral
Business Wire
1 week ago
Nexstar Names Ric Harris as Vice President and General Manager of Its Broadcast and Digital Operations in Chicago, Illinois
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced the appointment of Ric Harris as Vice President and General Manager of its broadcast and digital operations in Chicago, Illinois (DMA #3), overseeing the long-range planning and day-to-day management of WGN-TV (CW), WGN-TV+, wgntv.com, and their related mobile and social media channels. Mr. Harris succeeds Paul Rennie, who retired last year. He will assume his new duties immediately and report to Brandin S.
Positive
Seeking Alpha
2 weeks ago
23 Upcoming Dividend Increases, Including 2 Kings
Excited to announce dividend hikes for 23 companies, including dividend kings SJW Group and California Water Service Group, with 5% and 7.1% increases. Companies with consistent dividend growth indicate financial health, attracting investors and boosting stock prices, leading to long-term wealth accumulation. Investment strategy focuses on stocks with rising dividends and outperforming benchmarks, using data from U.S. Dividend Champions and NASDAQ.
Neutral
Business Wire
3 weeks ago
Nexstar Media Group Raises Quarterly Cash Dividend by 10% to $1.86 Per Share
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 10% increase to its quarterly cash dividend to $1.86 per share beginning with the dividend declared for the first quarter of 2025. The dividend is payable on Wednesday, February 26, 2025, to shareholders of record on Wednesday, February 12, 2025. Perry Sook, Nexstar Media Group's Founder, Chairman and Chief Executive Officer stated, “Nexstar's twelfth annual dividend i.
Positive
Deadline
1 month ago
Nexstar & Optimum Reach Carriage Agreement After Standoff
After multiple stations went dark last week, Nexstar has reached a carriage agreement with Altice USA. The partnership agreement was announced Saturday, and although the terms were not released, programming has already been restored to two million subscribers of Optimum TV, which is owned by the U.S. arm of French telecom giant Altice.
Neutral
Business Wire
1 month ago
Nexstar and Optimum Partner and Reach Agreement Returning Nexstar Content to Optimum Customers Immediately
IRVING, Texas & NEW YORK--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) and Altice USA (NYSE: ATUS) today announced that they have reached a comprehensive partnership agreement and all Nexstar programming has been restored to Altice USA's Optimum TV customers. Together, Nexstar and Optimum thank our customers and viewers for their patience as we partnered on the best deal for them. Specific terms of the agreement were not released. About Nexstar Media Group, Inc. Nexstar Media Group.
Neutral
Business Wire
1 month ago
Nexstar Media Group to Report 2024 Fourth Quarter Financial Results, Host Conference Call and Webcast on February 27
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2024 fourth quarter financial results on Thursday, February 27, 2025. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results. To access the conference call, interested parties may dial +1 877-407-9208 or +1 201-493-6784, conference ID 13751217 (domestic and international callers). Participants can also listen to a live webcast of the c.
Neutral
Business Wire
1 month ago
NewsNation Announces New Additions to Primetime Line-Up
CHICAGO--(BUSINESS WIRE)--NewsNation today announced new additions to its primetime programming line-up, with On Balance hosted by anchor/reporter Leland Vittert taking over the 9 pm ET hour, and Elizabeth Vargas Reports, hosted by veteran journalist Elizabeth Vargas, moving to 7 pm ET. The new line-up is effective Monday, February 10. The network also announced that it has reached a new multi-year agreement with Ms. Vargas to continue hosting her weeknight program. “We're extremely happy to be.
Positive
Benzinga
1 month ago
Wall Street's Most Accurate Analysts Spotlight On 3 Tech And Telecom Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout.
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