Nexstar Media Group’s (NXST) Outperform Rating Reiterated at Barrington Research

Barrington Research reiterated their outperform rating on shares of Nexstar Media Group (NASDAQ:NXST) in a research note published on Tuesday morning,Benzinga reports. Barrington Research currently has a $200.00 price objective on the stock. Barrington Research also issued estimates for Nexstar Media Group’s Q2 2025 earnings at $3.05 EPS, Q3 2025 earnings at $2.42 EPS, Q4 2025 earnings at $4.02 EPS, FY2025 earnings at $12.98 EPS, Q1 2026 earnings at $4.82 EPS, Q2 2026 earnings at $3.89 EPS, Q3 2026 earnings at $6.35 EPS, Q4 2026 earnings at $10.32 EPS, FY2026 earnings at $25.22 EPS and FY2027 earnings at $13.11 EPS.

A number of other research firms have also recently commented on NXST. Benchmark lowered their target price on Nexstar Media Group from $225.00 to $215.00 and set a “buy” rating on the stock in a research note on Tuesday, May 6th. Guggenheim lifted their target price on Nexstar Media Group from $210.00 to $220.00 and gave the stock a “buy” rating in a research note on Friday, February 28th. Wells Fargo & Company lowered their target price on Nexstar Media Group from $216.00 to $200.00 and set an “overweight” rating on the stock in a research note on Thursday, May 1st. Loop Capital upgraded Nexstar Media Group from a “hold” rating to a “buy” rating and lifted their target price for the stock from $190.00 to $200.00 in a research note on Friday, February 28th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $200.00 target price on shares of Nexstar Media Group in a research note on Monday, March 10th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Nexstar Media Group has an average rating of “Moderate Buy” and an average target price of $205.71.

Nexstar Media Group Price Performance

Shares of NASDAQ:NXST opened at $176.09 on Tuesday. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 2.98. The stock’s fifty day simple moving average is $162.45 and its two-hundred day simple moving average is $162.24. Nexstar Media Group has a 1-year low of $141.66 and a 1-year high of $191.86. The stock has a market cap of $5.37 billion, a PE ratio of 10.18, a price-to-earnings-growth ratio of 0.45 and a beta of 1.06.

Nexstar Media Group (NASDAQ:NXST) last issued its quarterly earnings data on Thursday, May 8th. The company reported $3.37 earnings per share for the quarter, beating the consensus estimate of $3.26 by $0.11. Nexstar Media Group had a return on equity of 26.03% and a net margin of 11.39%. The business had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same period last year, the business earned $5.16 EPS. The business’s revenue was down 3.9% on a year-over-year basis. As a group, analysts forecast that Nexstar Media Group will post 21.62 EPS for the current fiscal year.

Nexstar Media Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 2nd. Investors of record on Monday, May 19th will be paid a $1.86 dividend. This represents a $7.44 dividend on an annualized basis and a yield of 4.23%. The ex-dividend date is Monday, May 19th. Nexstar Media Group’s dividend payout ratio is currently 37.69%.

Insider Activity at Nexstar Media Group

In related news, insider Andrew Alford sold 3,768 shares of the business’s stock in a transaction dated Wednesday, March 26th. The stock was sold at an average price of $181.98, for a total value of $685,700.64. Following the sale, the insider now directly owns 5,405 shares in the company, valued at approximately $983,601.90. The trade was a 41.08% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Gary Weitman sold 1,241 shares of the business’s stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $177.21, for a total value of $219,917.61. Following the completion of the sale, the insider now owns 3,975 shares in the company, valued at $704,409.75. This represents a 23.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 39,105 shares of company stock worth $6,722,463. Company insiders own 6.30% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC grew its holdings in Nexstar Media Group by 1.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,487 shares of the company’s stock valued at $1,073,000 after buying an additional 68 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Nexstar Media Group by 15.3% during the 4th quarter. Jones Financial Companies Lllp now owns 550 shares of the company’s stock valued at $87,000 after buying an additional 73 shares in the last quarter. Glassy Mountain Advisors Inc. grew its holdings in Nexstar Media Group by 0.4% during the 1st quarter. Glassy Mountain Advisors Inc. now owns 20,497 shares of the company’s stock valued at $3,674,000 after buying an additional 73 shares in the last quarter. HighPoint Advisor Group LLC grew its holdings in Nexstar Media Group by 5.0% during the 1st quarter. HighPoint Advisor Group LLC now owns 1,930 shares of the company’s stock valued at $346,000 after buying an additional 92 shares in the last quarter. Finally, State of Michigan Retirement System grew its holdings in Nexstar Media Group by 1.4% during the 1st quarter. State of Michigan Retirement System now owns 7,000 shares of the company’s stock valued at $1,255,000 after buying an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 95.30% of the company’s stock.

Nexstar Media Group Company Profile

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.