Nexstar Media Group Inc

NXST: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$183.00	Rmqz	Wmhbfwh

Nexstar Looks to Capitalize on Its Acquisitions; Raising FVE to $150

Neil Macker

Oct 14, 2021

Business Strategy and Outlook

Nexstar is the largest television station owner/operator in the United States, with 197 stations in 115 markets. Of its 197 full-power stations, 158 are affiliated with the four national broadcasters: CBS (50), Fox (43), NBC (35), and ABC (30). The firm has networks in 15 of the top 20 television markets and reaches 63% of U.S. TV households.

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