Nexstar Broadcasting Group Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $122
- Today's High:
- $124.5
- Open Price:
- $124.5
- 52W Low:
- $133.09
- 52W High:
- $212.835
- Prev. Close:
- $123.93
- Volume:
- 298831
Company Statistics
- Market Cap.:
- $5.02 billion
- Book Value:
- 71.874
- Revenue TTM:
- $5.25 billion
- Operating Margin TTM:
- 23.57%
- Gross Profit TTM:
- $3.23 billion
- Profit Margin:
- 13.31%
- Return on Assets TTM:
- 6.14%
- Return on Equity TTM:
- 23.14%
Company Profile
Nexstar Broadcasting Group Inc had its IPO on 2003-11-24 under the ticker symbol NXST.
The company operates in the Communication Services sector and Entertainment industry. Nexstar Broadcasting Group Inc has a staff strength of 11,666 employees.
Stock update
Shares of Nexstar Broadcasting Group Inc opened at $124.5 at the start of the last trading session i.e. 2023-09-13.
The stocks traded within a range of $122 - $124.5, and closed at $123.8.
This is a -0.1% slip from the previous day's closing price.
A total volume of 298,831 shares were traded at the close of the day’s session.
In the last one week, shares of Nexstar Broadcasting Group Inc have increased by +2.94%.
Nexstar Broadcasting Group Inc's Key Ratios
Nexstar Broadcasting Group Inc has a market cap of $5.02 billion, indicating a price to book ratio of 2.3395 and a price to sales ratio of 1.3246.
In the last 12-months Nexstar Broadcasting Group Inc’s revenue was $5.25 billion with a gross profit of $3.23 billion and an EBITDA of $1.72 billion. The EBITDA ratio measures Nexstar Broadcasting Group Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Nexstar Broadcasting Group Inc’s operating margin was 23.57% while its return on assets stood at 6.14% with a return of equity of 23.14%.
In Q2, Nexstar Broadcasting Group Inc’s quarterly earnings growth was a negative -52.5% while revenue growth was a negative 0.4%.
Nexstar Broadcasting Group Inc’s PE and PEG Ratio
- Forward PE
- 11.1982
- Trailing PE
- 7.8431
- PEG
- 1.5227
Its diluted EPS in the last 12-months stands at $18.23 per share while it has a forward price to earnings multiple of 11.1982 and a PEG multiple of 1.5227. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Nexstar Broadcasting Group Inc’s profitability.
Nexstar Broadcasting Group Inc stock is trading at a EV to sales ratio of 2.761 and a EV to EBITDA ratio of 6.2749. Its price to sales ratio in the trailing 12-months stood at 1.3246.
Nexstar Broadcasting Group Inc stock pays annual dividends of $4.5 per share, indicating a yield of 4.03% and a payout ratio of 27.18%.
Balance sheet and cash flow metrics
- Total Assets
- $12.31 billion
- Total Liabilities
- $836.00 million
- Operating Cash Flow
- $0
- Capital Expenditure
- $41 million
- Dividend Payout Ratio
- 27.18%
Nexstar Broadcasting Group Inc ended 2024 with $12.31 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $12.31 billion while shareholder equity stood at $2.54 billion.
Nexstar Broadcasting Group Inc ended 2024 with $0 in deferred long-term liabilities, $836.00 million in other current liabilities, in common stock, $3.14 billion in retained earnings and $2.96 billion in goodwill. Its cash balance stood at $346.00 million and cash and short-term investments were $346.00 million. The company’s total short-term debt was $173,000,000 while long-term debt stood at $6.77 billion.
Nexstar Broadcasting Group Inc’s total current assets stands at $1.57 billion while long-term investments were $927.00 million and short-term investments were $0. Its net receivables were $944.00 million compared to accounts payable of $127.00 million and inventory worth $14.00 million.
In 2024, Nexstar Broadcasting Group Inc's operating cash flow was $0 while its capital expenditure stood at $41 million.
Comparatively, Nexstar Broadcasting Group Inc paid $0.27 in dividends in 2024.
Other key metrics
- Current Trading Price
- $123.8
- 52-Week High
- $212.835
- 52-Week Low
- $133.09
- Analyst Target Price
- $219
Nexstar Broadcasting Group Inc stock is currently trading at $123.8 per share. It touched a 52-week high of $212.835 and a 52-week low of $212.835. Analysts tracking the stock have a 12-month average target price of $219.
Its 50-day moving average was $117.5 and 200-day moving average was $171.01 The short ratio stood at 7.61 indicating a short percent outstanding of 0%.
Around 498.2% of the company’s stock are held by insiders while 10029.3% are held by institutions.
Frequently Asked Questions About Nexstar Broadcasting Group Inc
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About
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. It owns, operates, programs, or provides sales and other services to various markets. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites, mobile and over-the-top applications, other digital media solutions to media publishers, and advertisers and a consumer product reviews platform. In addition, it owns NewsNation, a national cable news network; and WGN-AM, a Chicago radio station, as well as owns and operates digital multicast networks and other multicast network services. Further, it engages in digital business; and management of real estate assets, including leasing of owned office and production facilities. 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.