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Nexstar Media Group Inc NXST

Morningstar Rating
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Stock XNAS Rating as of
$165.64 −1.87 (1.12%)
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As of Cboe BZX Real-Time Price Open
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Company Report

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Price vs Fair Value

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NXST is trading at a 858% premium.
Price
$167.47
Fair Value
$765.00
Uncertainty
High
1-Star Price
$721.90
5-Star Price
$744.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Pay-TV distributors are more reluctant to challenge Nexstar on rate increases than other station owners because of Nexstar’s size and scale.

Bears

Advertising spending is increasingly being diverted from broadcast and traditional media to digital methods of delivery, threatening Nexstar’s advertising revenue.

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News

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Trading Information

Previous Close Price
$167.51
Day Range
$165.12–168.14
52-Week Range
$132.38–187.30
Bid/Ask
$165.63 / $165.91
Market Cap
$5.44 Bil
Volume/Avg
44,614 / 336,777

Key Statistics

Price/Earnings (Normalized)
13.87
Price/Sales
1.18
Dividend Yield (Trailing)
3.63%
Dividend Yield (Forward)
4.04%
Total Yield
13.45%

Company Profile

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.
Sector
Communication Services
Industry
Entertainment
Stock Style Box
Small Core
Total Number of Employees
13,294
Website
https://www.nexstar.tv

Competitors

Valuation

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Metric
NXST
AMCX
FOXA
Price/Earnings (Normalized)
 13.871.6710.23
Price/Book Value
 2.380.391.54
Price/Sales
 1.180.161.22
Price/Cash Flow
 6.220.3110.66
Price/Earnings
NXST
AMCX
FOXA

Financial Strength

Metric
NXST
AMCX
FOXA
Quick Ratio
 1.551.482.83
Current Ratio
 1.801.853.24
Interest Coverage
 2.102.295.96
Quick Ratio
NXST
AMCX
FOXA

Profitability

Metric
NXST
AMCX
FOXA
Return on Assets (Normalized)
 3.29%4.84%7.90%
Return on Equity (Normalized)
 16.54%24.82%16.87%
Return on Invested Capital (Normalized)
 7.67%8.05%9.94%
Return on Assets
NXST
AMCX
FOXA
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Entertainment Industry Comparables

Screen With Investor
1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Netflix Inc
NFLX
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 The Walt Disney Co
DIS
HnnfmxqKrsy$179.8 Bil
 Live Nation Entertainment Inc
LYV
RxjhkdbdPkcxkk$21.9 Bil
 Warner Bros. Discovery Inc Ordinary Shares - Class A
WBD
RfmvttqpMwj$17.7 Bil
 News Corp Class B
NWS
WhjvrwrxGgw$15.9 Bil
 News Corp Class A
NWSA
JrylwjkpXglj$15.9 Bil
 Warner Music Group Corp Ordinary Shares - Class A
WMG
MwjtkrncfKrbxcgy$15.9 Bil
 Fox Corp Class A
FOXA
BgssbppcSwsbz$15.7 Bil
 Fox Corp Class B
FOX
RsjyjjsgvCzcbk$15.7 Bil
 Sirius XM Holdings Inc
SIRI
ZyfsxpqqZpbgxx$13.6 Bil

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