Barrington Research Has Negative Outlook of NXST Q1 Earnings

Nexstar Media Group, Inc. (NASDAQ:NXST) – Equities research analysts at Barrington Research decreased their Q1 2025 earnings per share (EPS) estimates for Nexstar Media Group in a note issued to investors on Wednesday, March 5th. Barrington Research analyst P. Sholl now forecasts that the company will post earnings per share of $2.73 for the quarter, down from their previous forecast of $3.81. Barrington Research has a “Outperform” rating and a $200.00 price target on the stock. The consensus estimate for Nexstar Media Group’s current full-year earnings is $21.62 per share. Barrington Research also issued estimates for Nexstar Media Group’s Q2 2025 earnings at $2.80 EPS, Q3 2025 earnings at $2.28 EPS, FY2025 earnings at $11.52 EPS and FY2027 earnings at $11.32 EPS.

Other analysts also recently issued research reports about the company. Loop Capital raised Nexstar Media Group from a “hold” rating to a “buy” rating and raised their price target for the stock from $190.00 to $200.00 in a report on Friday, February 28th. Guggenheim raised their target price on Nexstar Media Group from $210.00 to $220.00 and gave the company a “buy” rating in a research note on Friday, February 28th. StockNews.com lowered shares of Nexstar Media Group from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd. Finally, Benchmark lifted their price objective on shares of Nexstar Media Group from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Friday, February 28th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $210.29.

Nexstar Media Group Stock Performance

Shares of NXST stock opened at $177.85 on Monday. The company has a market cap of $5.43 billion, a P/E ratio of 10.29, a PEG ratio of 0.45 and a beta of 1.47. The business has a 50 day moving average of $156.61 and a two-hundred day moving average of $163.71. Nexstar Media Group has a 52 week low of $146.04 and a 52 week high of $191.86. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 2.98.

Nexstar Media Group (NASDAQ:NXST) last posted its quarterly earnings results on Thursday, February 27th. The company reported $7.56 EPS for the quarter, missing the consensus estimate of $9.22 by ($1.66). Nexstar Media Group had a net margin of 11.39% and a return on equity of 26.03%. The business had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.48 billion.

Institutional Investors Weigh In On Nexstar Media Group

A number of institutional investors and hedge funds have recently bought and sold shares of NXST. TFR Capital LLC. acquired a new position in shares of Nexstar Media Group in the 4th quarter worth approximately $254,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Nexstar Media Group during the fourth quarter worth approximately $6,496,000. Jefferies Financial Group Inc. acquired a new position in Nexstar Media Group in the fourth quarter worth approximately $2,086,000. Integrated Advisors Network LLC increased its holdings in shares of Nexstar Media Group by 9.6% in the fourth quarter. Integrated Advisors Network LLC now owns 1,461 shares of the company’s stock valued at $231,000 after buying an additional 128 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Nexstar Media Group by 12.3% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 116,172 shares of the company’s stock valued at $18,352,000 after acquiring an additional 12,695 shares during the last quarter. 95.30% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Nexstar Media Group

In other news, insider Gary Weitman sold 1,241 shares of the company’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of $177.21, for a total value of $219,917.61. Following the completion of the sale, the insider now owns 3,975 shares in the company, valued at $704,409.75. This represents a 23.79 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Perry A. Sook sold 52,808 shares of Nexstar Media Group stock in a transaction dated Monday, December 23rd. The stock was sold at an average price of $157.41, for a total value of $8,312,507.28. Following the transaction, the chief executive officer now directly owns 674,694 shares in the company, valued at approximately $106,203,582.54. The trade was a 7.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 161,955 shares of company stock worth $26,240,628 in the last 90 days. Corporate insiders own 6.30% of the company’s stock.

Nexstar Media Group Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a $1.86 dividend. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $7.44 annualized dividend and a yield of 4.18%. This is an increase from Nexstar Media Group’s previous quarterly dividend of $1.69. Nexstar Media Group’s dividend payout ratio is presently 34.56%.

Nexstar Media Group Company Profile

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.