# Nexstar Media Group share price today (Nexstar Media Group, Inc., NXST)

> Nexstar Media Group, Inc.'s share price has risen faster than its earnings: −8.8% in a year, against −86.0% for earnings per share. NXST · Communication Services · Broadcasting · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/nxst

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: $178.56 (−8.8% in a year)
- P/E: 33.4× (higher than 85% of the last 4.6 years)
- Revenue (Jun 2026): $2.0 B (+62.2% on a year ago)
- Profit (Jun 2026): $113 M (+21.5% on a year ago)
- Operating margin: 21.2% (+3.2 points on a year ago)
- ROE: 5%, FY25
- ROIC: 6.6%, against a 5.2% cost of capital: +1.4 points

The main question: the share price moved −8.8% in a year while yearly earnings per share moved −86.0%. The difference came from the market paying a higher multiple. ## What is the Nexstar Media Group share price today? Nexstar Media Group, Inc.'s share price was $178.56 at the close on 3 November 2026. It has been falling for 5 weeks. That is 7.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $155 and $251, and at that close it sat 24% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 10 weeks running. Over the last 10 years the share price moved +249% while the S&P 500 moved +255%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 28 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Nexstar Media Group pay? Nexstar Media Group, Inc. paid $7.44 per share over the last four reported quarters. The most recent declaration was $1.86 for Jun 2026. At today's price of $178.56 that is a yield of 4.17%, based on dividends already paid, not a forecast. ## Which stock lists is Nexstar Media Group on? Nexstar Media Group is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Nexstar Media Group profitable? Nexstar Media Group, Inc. earned $113 M of net profit in the Jun 2026 quarter, +21.5% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY25 profit was $92.0 M. Over 4 years profit has grown −42.4% a year on average. That is 5.7% of the quarter's revenue. The same quarter a year earlier earned $93.0 M. 1 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $92.0 M (−86.9% on the year before). Why profit moved: revenue changed +62.2% on a year earlier and the margin moved +3.2 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed −40.0% and revenue +12.4%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Nexstar Media Group make, and is it growing? Nexstar Media Group, Inc. reported $2.0 B of revenue in the Jun 2026 quarter, +62.2% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 4 years it has grown 1.6% a year on average. The last full year, FY25, came in at $4.9 B. The last four reported quarters add to $5.9 B. FY25 revenue was $4.9 B, −8.5% on the year before. Recent pace: the last four quarters grew +12.4% on average, against 1.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.5%, against +8.5% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −72.6%, against −38.0% a year (rolling over). ## How much of every $100 of sales does Nexstar Media Group keep? Nexstar Media Group, Inc.'s operating margin was 21.2% in the Jun 2026 quarter, 3.2 percentage points higher than the same quarter a year ago. Across 5 years it has been between 15.8% and 29.2%. The latest quarter is within that range. Why the margin moved: operating margin changed +3.2 percentage points on the year while gross margin changed −1.4 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Nexstar Media Group's profit turning into cash? Over the last 3 years, 275% of Nexstar Media Group, Inc.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $891 M of operating cash against $92.0 M of profit. After $148 M of spending on assets, $743 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Nexstar Media Group's cash go? Nexstar Media Group, Inc. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $442 M on assets over the last 3 years. Averaged over those years that is 3.0% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $442 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Nexstar Media Group's P/E ratio, and how does it compare with its own history? Nexstar Media Group, Inc.'s P/E is 33.4×, near the high end of its own history: higher than 85% of past readings. Its usual P/E (the middle reading) is 10.0×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −86.0% while the price moved −8.8%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +4.4% a year; about −23.5% a year came from earnings growth and about +27.9 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Nexstar Media Group business getting better or worse? Nexstar Media Group, Inc.'s business is getting worse. Profit and EPS growth are shrinking: profit growth is −72.6% in the latest quarter, against +102.9% at its best in 12 quarters, with ROCE steady at 8.8%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Nexstar Media Group earn on its capital? Nexstar Media Group, Inc. earned a ROE of 5% in FY25. Its return on capital used (ROIC) is 1.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 1.9% net margin and 0.46× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 1.9% net margin × 0.46× asset turnover × 5.26× leverage (assets divided by equity) ≈ 4.6% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 6.6% − 5.2% = +1.4 percentage points. The 5.2% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does Nexstar Media Group have too much debt? Nexstar Media Group, Inc. has total debt of $12.1 B against shareholder equity of $2.3 B as of Jun 2026, so its debt is 5.34× its equity. Year by year, that ratio went from 2.69 in FY21 to 3.21 in FY25. Keep that borrowing in mind when reading the returns on this page. ## What is the Nexstar Media Group shareholding pattern? 9.8% of Nexstar Media Group, Inc.'s tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 7.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Nexstar Media Group from balance-sheet trouble? For Nexstar Media Group, Inc., the Z-score is 1.13. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 1.13 is inside the danger zone, so the balance sheet is a real risk. ## How does Nexstar Media Group rank in its industry? 55.6 out of 100, rank 2 of 11 in Broadcasting, with 85% of the evidence available. Nexstar Media Group, Inc. scores 55.6 out of 100 against the 11 companies it is compared with in Broadcasting, ranking 2. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 15.1 + 16.9 + 13.9 + 9.7 = 55.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Nexstar Media Group compared with? Nexstar Media Group ranks 2 of 11 Broadcasting companies on the 4-Factor Sector Score, with 55.6 out of 100. 1. [Newsmax Inc.](https://www.sectoralpha.in/us/stocks/nmax) NMAX · quiet · Evidence leans up · 67% evidence 55.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.8/35 · Revenue 10.9% · Profit n/a · Operating margin change 166.9 points · 71% evidence Capital efficiency 4.8/25 · ROCE -10.3% · Operating margin 2.4% · 76% evidence Valuation 11.5/20 · P/E -166.9× · PEG n/a · 15% evidence Relative strength 14.7/20 · Lead over its industry -1.2% · Lead over S&P 500 -4.9% · 1 year -12.2% · 100% evidence · 7 of 12 weeks ahead Exact sum: 24.8 + 4.8 + 11.5 + 14.7 = 55.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. Nexstar Media Group, Inc. this page NXST · basing · Evidence leans up · 85% evidence 55.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.1/35 · Revenue 10.5% · Profit -72.6% · Operating margin change 3.2 points · 95% evidence Capital efficiency 16.9/25 · ROCE 7.2% · Operating margin 21.2% · 76% evidence Valuation 13.9/20 · P/E 32.9× · PEG 0.17 · 65% evidence Relative strength 9.7/20 · Lead over its industry -8.9% · Lead over S&P 500 -12.3% · 1 year -6.3% · 100% evidence · 0 of 12 weeks ahead Exact sum: 15.1 + 16.9 + 13.9 + 9.7 = 55.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 3. CuriosityStream Inc. CURI · quiet · Evidence leans up · 67% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 22.9% · Profit n/a · Operating margin change 37 points · 71% evidence Capital efficiency 9.8/25 · ROCE -0.5% · Operating margin 39.5% · 76% evidence Valuation 8.5/20 · P/E 6571× · PEG n/a · 15% evidence Relative strength 10.1/20 · Lead over its industry -20.6% · Lead over S&P 500 -24.3% · 1 year -35.2% · 100% evidence · 4 of 12 weeks ahead Exact sum: 26.1 + 9.8 + 8.5 + 10.1 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Gray Media, Inc.](https://www.sectoralpha.in/us/stocks/gtn-a) GTN-A · turning · Evidence leans up · 67% evidence 50.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.1/35 · Revenue -11.3% · Profit -139.2% · Operating margin change 5.1 points · 71% evidence Capital efficiency 13.1/25 · ROCE 4.6% · Operating margin 18.6% · 76% evidence Valuation 11.1/20 · P/E -7.1× · PEG n/a · 15% evidence Relative strength 9.9/20 · Lead over its industry -22.9% · Lead over S&P 500 -25.9% · 1 year -20% · 100% evidence · 2 of 12 weeks ahead Exact sum: 16.1 + 13.1 + 11.1 + 9.9 = 50.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Sinclair, Inc.](https://www.sectoralpha.in/us/stocks/sbgi) SBGI · basing · Evidence leans down · 67% evidence 46.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.3/35 · Revenue -6.5% · Profit 4% · Operating margin change 2.7 points · 71% evidence Capital efficiency 11.6/25 · ROCE 4.4% · Operating margin 6.5% · 76% evidence Valuation 9.3/20 · P/E 14.5× · PEG n/a · 15% evidence Relative strength 11.6/20 · Lead over its industry -7.1% · Lead over S&P 500 -10.7% · 1 year -17.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.3 + 11.6 + 9.3 + 11.6 = 46.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [iHeartMedia, Inc.](https://www.sectoralpha.in/us/stocks/ihrt) IHRT · basing · Evidence leans down · 67% evidence 39.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.3/35 · Revenue 3% · Profit n/a · Operating margin change -0.5 points · 71% evidence Capital efficiency 11.4/25 · ROCE 5.5% · Operating margin 3.6% · 76% evidence Valuation 10.8/20 · P/E -0.3× · PEG n/a · 15% evidence Relative strength 1.3/20 · Lead over its industry -41.7% · Lead over S&P 500 -43.8% · 1 year -54.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.3 + 11.4 + 10.8 + 1.3 = 39.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [FuboTV Inc.](https://www.sectoralpha.in/us/stocks/fubo) FUBO · quiet · Evidence leans down · 67% evidence 38.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.1/35 · Revenue 14.2% · Profit n/a · Operating margin change 1.7 points · 71% evidence Capital efficiency 4.9/25 · ROCE -3.1% · Operating margin -1.8% · 76% evidence Valuation 9.6/20 · P/E 11.5× · PEG n/a · 15% evidence Relative strength 5.4/20 · Lead over its industry -51.8% · Lead over S&P 500 -55.4% · 1 year -83.6% · 100% evidence · 3 of 12 weeks ahead Exact sum: 18.1 + 4.9 + 9.6 + 5.4 = 38 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [The E.W. Scripps Company](https://www.sectoralpha.in/us/stocks/ssp) SSP · quiet · Most evidence points down · 67% evidence 32.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.2/35 · Revenue -14.2% · Profit -1268.3% · Operating margin change -5.7 points · 71% evidence Capital efficiency 9.3/25 · ROCE 3.8% · Operating margin 2.7% · 76% evidence Valuation 10.4/20 · P/E 2.2× · PEG n/a · 15% evidence Relative strength 3.2/20 · Lead over its industry -24.6% · Lead over S&P 500 -27.6% · 1 year 5.1% · 100% evidence · 1 of 12 weeks ahead Exact sum: 9.2 + 9.3 + 10.4 + 3.2 = 32.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. TV Channels Network Inc. TVCN · Too little evidence to rank firmly · 11% evidence 57.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.9/43.75 · Revenue n/a · Profit n/a · Operating margin change n/a · 0% evidence Capital efficiency 22.8/31.25 · ROCE 94.5% · Operating margin n/a · 46% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 21.9 + 22.8 + 12.5 = 57.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. FreeCast, Inc. CAST · Too little evidence to rank firmly · 37% evidence 35.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.0/43.75 · Revenue n/a · Profit n/a · Operating margin change 673.4 points · 52% evidence Capital efficiency 3.9/31.25 · ROCE -521.4% · Operating margin -749.7% · 76% evidence Valuation 12.5/25 · P/E n/a · PEG n/a · 0% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 19 + 3.9 + 12.5 = 35.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 11. Urban One, Inc. UONEK · Too little evidence to rank firmly · 47% evidence 32.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Broadcasting](https://www.sectoralpha.in/us/sectors/broadcasting), all 11 compared on one page. ## Which companies are close to Nexstar Media Group in size? Nexstar Media Group is the largest of 7 Broadcasting companies on Sector Alpha by market value (scores of 3 November 2026). It is the largest. Just below it: Newsmax Inc., Sinclair, Inc., FuboTV Inc., Gray Media, Inc., iHeartMedia, Inc. and The E.W. Scripps Company. ### Broadcasting companies close in size

1. Nexstar Media Group, Inc. $5.5 billion
2. [Newsmax Inc.](https://www.sectoralpha.in/us/stocks/nmax) $1 billion
3. [Sinclair, Inc.](https://www.sectoralpha.in/us/stocks/sbgi) $974 million
4. [FuboTV Inc.](https://www.sectoralpha.in/us/stocks/fubo) $834 million
5. [Gray Media, Inc.](https://www.sectoralpha.in/us/stocks/gtn-a) $479 million
6. [iHeartMedia, Inc.](https://www.sectoralpha.in/us/stocks/ihrt) $331 million
7. [The E.W. Scripps Company](https://www.sectoralpha.in/us/stocks/ssp) $249 million

[All 7 Broadcasting companies, largest first](https://www.sectoralpha.in/us/sectors/broadcasting#all-companies)

### Companies close in size in other industries

1. [Xometry, Inc.](https://www.sectoralpha.in/us/stocks/xmtr) $5.5 billion · Industrial Distribution
2. [VEON Ltd.](https://www.sectoralpha.in/us/stocks/veon) $5.5 billion · Telecom Services
3. Nexstar Media Group, Inc. $5.5 billion
4. [Haemonetics Corporation](https://www.sectoralpha.in/us/stocks/hae) $5.5 billion · Medical Devices
5. [SSR Mining Inc.](https://www.sectoralpha.in/us/stocks/ssrm) $5.5 billion · Gold

## What else do people ask about Nexstar Media Group? ### What were Nexstar Media Group's latest quarterly results? Nexstar Media Group, Inc. reported revenue of $2.0 B and net profit of $113 M for the Jun 2026 quarter. Revenue rose 62.2% and profit rose 21.5% compared with a year earlier. Earnings per share were $3.61. The operating margin was 21.2%, 3.2 percentage points higher than a year earlier (as of 3 November 2026). ### What is Nexstar Media Group's market cap? Nexstar Media Group, Inc.'s market capitalisation is $5.5 B at a stock price of $178.56. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Nexstar Media Group performing? Nexstar Media Group, Inc.'s share price has been falling for 5 weeks. In its latest quarter, revenue rose 62.2% and profit rose 21.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 10 weeks running (as of 3 November 2026). ### Will Nexstar Media Group's stock price go up? This page does not forecast Nexstar Media Group, Inc.'s stock price. What it shows instead: the stock price is $178.56, and it has been falling for 5 weeks. Its P/E of 33.4× is higher than 85% of its own last 5 years (as of 3 November 2026). ### Where is Nexstar Media Group in its business cycle? Nexstar Media Group, Inc.'s FY25 operating margin was 18.1%, against a 5-year range of 15.8% to 29.2%: the low end of its own range, which is often where recoveries start. The latest quarter was 21.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Nexstar Media Group story? The main question: the share price moved −8.8% in a year while yearly earnings per share moved −86.0%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Nexstar Media Group a stock worth studying right now? What the numbers show: Nexstar Media Group, Inc.'s share price has risen faster than its earnings: −8.8% in a year, against −86.0% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.