Nexstar Media Group (NXST) to Release Quarterly Earnings on Thursday

Nexstar Media Group (NASDAQ:NXST) will likely be issuing its Q2 2025 quarterly earnings data before the market opens on Thursday, August 7th. Analysts expect Nexstar Media Group to post earnings of $2.95 per share and revenue of $1.21 billion for the quarter.

Nexstar Media Group (NASDAQ:NXST) last issued its quarterly earnings results on Thursday, May 8th. The company reported $3.37 EPS for the quarter, topping the consensus estimate of $3.26 by $0.11. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Nexstar Media Group had a return on equity of 29.21% and a net margin of 12.21%. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the business earned $5.16 earnings per share. On average, analysts expect Nexstar Media Group to post $22 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Nexstar Media Group Stock Performance

NASDAQ NXST opened at $187.23 on Wednesday. The stock’s fifty day moving average is $177.44 and its two-hundred day moving average is $166.97. The firm has a market capitalization of $5.71 billion, a P/E ratio of 9.48, a price-to-earnings-growth ratio of 1.35 and a beta of 1.05. The company has a debt-to-equity ratio of 2.86, a quick ratio of 1.74 and a current ratio of 1.74. Nexstar Media Group has a fifty-two week low of $141.66 and a fifty-two week high of $192.36.

Nexstar Media Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a $1.86 dividend. This represents a $7.44 annualized dividend and a dividend yield of 4.0%. The ex-dividend date of this dividend is Friday, August 15th. Nexstar Media Group’s dividend payout ratio is 37.69%.

Insider Transactions at Nexstar Media Group

In other news, EVP Rachel Morgan sold 329 shares of the business’s stock in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $165.25, for a total value of $54,367.25. Following the transaction, the executive vice president owned 2,122 shares of the company’s stock, valued at approximately $350,660.50. The trade was a 13.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Blake Russell sold 507 shares of the business’s stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $165.25, for a total value of $83,781.75. Following the completion of the transaction, the executive vice president directly owned 24,826 shares in the company, valued at approximately $4,102,496.50. The trade was a 2.00% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,474 shares of company stock worth $3,666,988. Insiders own 6.70% of the company’s stock.

Institutional Trading of Nexstar Media Group

Several hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC purchased a new position in Nexstar Media Group in the 1st quarter valued at approximately $499,000. Acadian Asset Management LLC purchased a new stake in shares of Nexstar Media Group in the first quarter valued at $654,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Nexstar Media Group by 49.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,870 shares of the company’s stock valued at $2,844,000 after acquiring an additional 5,251 shares during the last quarter. Millennium Management LLC boosted its holdings in Nexstar Media Group by 571.4% in the first quarter. Millennium Management LLC now owns 72,650 shares of the company’s stock valued at $13,020,000 after acquiring an additional 61,830 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Nexstar Media Group by 14.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 132,809 shares of the company’s stock valued at $23,802,000 after acquiring an additional 16,637 shares during the last quarter. 95.30% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages have recently commented on NXST. Wells Fargo & Company decreased their price target 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. Benchmark cut their price target on Nexstar Media Group from $225.00 to $215.00 and set a “buy” rating on the stock in a report on Tuesday, May 6th. Finally, Barrington Research restated an “outperform” rating and set a $200.00 price target on shares of Nexstar Media Group in a report on Wednesday, July 30th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $205.71.

About Nexstar Media Group

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.