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Forecast

The analysts' average price target is €214.85 (+45.91%). The median is €214.85 (+45.91%).

Buy	22
Hold	2
Sell	0

News Go to news feed

Nexstar sees growth from strong political advertising and expected easing of FCC rules

Nexstar reports EBITDA and free cash flow above plan, driven by stronger-than-expected political advertising revenue and low-double-digit digital revenue growth. The FCC’s removal of the 39% reach cap, management says, opens greater M&A opportunities; detailed integration plans for TEGNA are ready once regulatory clarity exists. NewsNation and monetization of spectrum via EdgeBeam Wireless are viewed as key long-term growth sources. Capital returns remain secondary to value-enhancing acquisitions if suitable deals do not materialize. » More on de.investing.com
Nexstar scales after TEGNA acquisition, prioritizes debt reduction and monetization

After acquiring TEGNA, Nexstar has reached roughly 80% of the US market and has already paid down more than 500 million USD in debt; acquisition-related liabilities are expected to fall by over 1 billion USD by year-end. Management forecasts mid-term EBITDA of around 3 billion USD, will prioritize free cash flow for debt reduction, and targets a dividend yield above 4%; share buybacks are possible once leverage goals are met. Non-political advertising remained weak (mid-single-digit decline), but political advertising and digital/CTV growth should make up the shortfall. The CW is becoming profitable through expanded sports programming and cost cuts, NewsNation is gaining audience, and regulatory and legal questions about ownership remain unresolved and could be litigated through 2027. » More on de.investing.com
Nexstar Media emphasizes cash-flow focus, The CW turnaround and Tegna legal fight at Citi TMT conference

At the Citi Global TMT Conference 2026, Nexstar Media described a mix of short-term challenges and long-term opportunities: declines in non-political advertising are offset by record political revenue, expansion of The CW and potential revenue from ATSC 3.0. Management said The CW is moving toward profitability thanks to sports, new affiliate deals and partnerships with ESPN and Roku, while the core local TV business and efficiency measures such as zero-based budgeting remain stable. The takeover of Tegna remains the subject of a protracted legal dispute with oral arguments in November and a merits trial in 2027; Nexstar seeks to limit the injunction and remove the state attorneys general. Looking ahead, Nexstar is banking on scale effects from M&A, distribution discipline and long-term spectrum monetization via the EdgeBeam joint venture. » More on de.investing.com

Historical dividends Dividends

All dividend metrics All metrics

In 2026, Nexstar Media Group has already paid €4.78 in dividends. The last payout was in August.

Financials

In the last quarter, Nexstar Media Group had revenue of €2.7B and net profit of €105.15M

(EUR)	June 2026	YoY
Revenue	2.7B	158.82%
Gross profit	1.75B	206.29%
Net profit	105.15M	27.76%
EBITDA	536.24M	49.07%

Fundamentals

Metric	Value
Market capitalization	€4.62B
Number of shares	30.81M
52-week high/low	€227.65 - €137.12
Dividend yield	4.27%
Dividends TTM	€6.38
Beta	0.93
P/E ratio	29.67
PEG ratio	-0.41
P/B ratio	2.26
P/S ratio	0.74

Company profile

Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

Name	Nexstar Media Group
CEO	Perry A. Sook
Headquarters	Irving, tx USA
Website	nexstar.tv
Sector	Communication Services
Industry	Media
IPO	11/25/2003
Employees	12,389