NXST - Nexstar Media Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
103.31
-0.64 (-0.62%)
As of 11:01AM EDT. Market open.
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Previous Close103.95
Open104.00
Bid103.36 x 800
Ask103.49 x 900
Day's Range103.25 - 105.25
52 Week Range70.09 - 119.93
Volume42,028
Avg. Volume516,044
Market Cap4.762B
Beta (3Y Monthly)1.30
PE Ratio (TTM)12.38
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield1.80 (1.72%)
Ex-Dividend Date2019-05-09
1y Target EstN/A
Trade prices are not sourced from all markets
All
News
Press Releases
  • Business Wire11 days ago

    AT&T’s Actions Contrast Sharply With Its Public Commentary; Eight Broadcast Groups Presently Without Carriage Resulting in Concentrated Loss of Service to Consumers in Thirteen U.S. Markets

    Nexstar Media Group, Inc. (NXST) (“Nexstar”) set the record straight today with legislators, regulators, consumers and others related to ongoing negotiations between the parties on a distribution agreement that will allow AT&T to continue to offer Nexstar’s highly rated network and local community programming to its subscribers. The misinformation campaign began when AT&T indicated that “Nexstar pulled 120 of its local broadcast stations…” Nexstar did not pull its stations or ask for their removal from AT&T’s DIRECTV, U-verse or DIRECTV NOW platforms.

  • Business Wire13 days ago

    Legislators From Eight States Have Now Called on AT&T to Negotiate in Good Faith and Restore Nexstar’s Stations and Programming

    United States Senators John Thune of South Dakota and John Kennedy of Louisiana join Connecticut Senator Richard Blumenthal as well as legislators from West Virginia, Ohio, South Dakota, Massachusetts, New York and Alabama in issuing letters urging direct broadcast satellite service provider DIRECTV and AT&T U-verse to immediately restore carriage of Nexstar-owned stations.

  • Business Wire14 days ago

    Connecticut Senator Blumenthal Calls on DIRECTV and AT&T U-verse to Accept Nexstar’s Extension Offer to Immediately Restore Carriage of Network and Local Community Programming

    Connecticut Senator Richard Blumenthal has issued a letter urging direct broadcast satellite service provider DIRECTV and AT&T U-verse to immediately restore carriage of Nexstar-owned WTNH-TV (ABC) and WCTX-TV (MyNetworkTV). Effective 11:59 p.m. CT on July 3, 2019, AT&T/DIRECTV dropped the network and local community programming for Nexstar-owned stations impacting viewers in 97 markets across the country. The action follows AT&T/DIRECTV’s refusal to accept Nexstar’s offer for an extension which would have allowed viewers in Hartford-New Haven as well as other affected markets to view their favorite network shows, special events, sports, local news and other programming while the parties continue to negotiate.

  • Business Wire17 days ago

    Viewers Across the Country Deprived of Critical Local Emergency News, Holiday Specials, Local News and Upcoming Team USA Women's World Cup Final Match Following AT&T/DIRECTV’s Removal of Nexstar Local TV Stations in 97 Markets

    Viewers across the United States have expressed their outrage at AT&T/DIRECTV following their removal of scores of local Nexstar Broadcasting television stations which began on the Fourth of July. For example, as a result of AT&T/DIRECTV’s actions, AT&T/DIRECTV subscribers in Bakersfield, California were unable to receive local Nexstar televised news updates, in both English and Spanish, regarding the large earthquake there. At present, Hawaii is bracing for severe weather as Hurricane Barbara tracks across the Pacific.

  • Business Wire18 days ago

    AT&T/DIRECTV Blacks Out Local TV Stations in 97 Markets Across the USA on July 4th After Rejecting Nexstar Offers to Extend Access for Consumers to Leading Local Content

    Effective 11:59 p.m. local time on July 3, direct broadcast satellite service provider DIRECTV and AT&T U-verse unilaterally dropped the network and local community programming for over 120 stations impacting consumers and viewers in 97 markets across the United States. The action follows DIRECTV ’s refusal to accept an offer of an unconditional extension of the existing distribution agreement to August 2 to allow the stations’ owner, Nexstar Broadcasting Group, Inc. (“Nexstar”) and DIRECTV/AT&T to reach a new agreement allowing the direct broadcast satellite service provider (as well as AT&T’s U-verse systems and its subscription streaming television service, DIRECTV NOW) the right to continue to air the highly rated programming.

  • Business Wire19 days ago

    Nexstar Media Group Announces Closing of $1,120 Million Offering of Senior Notes

    Nexstar Media Group, Inc. (NXST) (“Nexstar” or the “Company”) announced today that its indirect wholly-owned subsidiary, Nexstar Escrow, Inc. (the “Escrow Issuer”), has closed the previously announced offering of $1,120 million in aggregate principal amount of 5.625% new senior notes due 2027 (the “Notes”), which priced at 100.000% in a private offering. The Notes will be senior unsecured obligations of the Escrow Issuer. Prior to the release of the proceeds from escrow, the Escrow Issuer will merge with and into Nexstar Broadcasting, Inc. (“Nexstar Broadcasting”), a wholly-owned subsidiary of the Company.

  • Business Wire24 days ago

    Nexstar Media Group to Report 2019 Second Quarter Financial Results, Host Conference Call and Webcast on August 7

    Nexstar Media Group, Inc. announced today that it will report its 2019 second quarter financial results before the market opens on Wednesday, August 7, 2019. The Company will host a conference call and webcast at 10:00 a.m.

  • Business Wirelast month

    Nexstar Media Group Prices $3,065 Million Term Loan B and $675 Million Term Loan A Facilities

    Nexstar Media Group, Inc. (NXST) (“Nexstar” or the “Company”) announced today that its indirect wholly-owned subsidiary, Nexstar Broadcasting, Inc., has priced a $3,065 million term loan B facility and $675 million term loan A facility. The pricing of the $3,065 million term loan B facility and $675 million term loan A facility, combined with the previously announced offering of $1,120 million senior notes mark the successful completion of the primary financing components needed to complete the acquisition of Tribune Media Company (“Tribune”).

  • Business Wirelast month

    Nexstar Media Group Announces Pricing of $1,120 Million Offering of Senior Notes

    Nexstar Media Group, Inc. (NXST) (“Nexstar” or the “Company”) announced today that its indirect wholly-owned subsidiary, Nexstar Escrow, Inc. (the “Escrow Issuer”), has priced an offering of $1,120 million in aggregate principal amount of 5.625% new senior notes due 2027 (the “Notes”). Prior to the release of the proceeds from escrow, the Escrow Issuer will merge with and into Nexstar Broadcasting, Inc. (“Nexstar Broadcasting”), a wholly-owned subsidiary of the Company. Upon the release of the proceeds from escrow, Nexstar Broadcasting will assume the obligations under the Notes and the Notes will be guaranteed by the Company, Mission Broadcasting, Inc. (“Mission”) and certain of Nexstar Broadcasting and Mission future restricted subsidiaries on a senior unsecured basis.

  • GlobeNewswirelast month

    Chicken Soup for the Soul Entertainment Announces Appointment of Two New Directors, Cosmo DeNicola and Martin Pompadur

    Cosmo DeNicola has founded and grown several national companies to market-leading positions. Mr. DeNicola founded the Cosmo DeNicola Companies, a portfolio company that holds a diverse range of businesses in the healthcare, technology, publishing, professional sports, and entertainment industries.

  • Business Wirelast month

    Nexstar Media Group Announces $1,120 Million Offering of Senior Notes

    Nexstar Media Group, Inc. (NXST) (“Nexstar” or the “Company”) announced today that its indirect wholly-owned subsidiary, Nexstar Escrow, Inc. (the “Escrow Issuer”), intends to offer, subject to market and other customary conditions, up to $1,120 million in aggregate principal amount of new senior notes due 2027 (the “Notes”) in a private offering. The Escrow Issuer, which was created solely to issue the Notes, will deposit the gross proceeds of the offering into a segregated escrow account until the date that certain escrow release conditions are satisfied. Prior to the release of the proceeds from escrow, the Escrow Issuer will merge with and into Nexstar Broadcasting, Inc. (“Nexstar Broadcasting”), a wholly-owned subsidiary of the Company.

  • GlobeNewswire2 months ago

    Nexstar Digital Introduces TViQ Audience Solution

    IRVING, Texas, June 06, 2019 -- Today Nexstar Digital, a wholly-owned subsidiary of Nexstar Media Group, Inc. , is pleased to announce the official launch of its.

  • Business Wire2 months ago

    Nexstar Media Group Reports Record First Quarter Net Revenue of $626.6 Million

    Net Revenue Drives 1Q Operating Income of $127.1 Million, Net Income of $56.9 Million,

  • Business Wire3 months ago

    Nexstar Media Group Declares Quarterly Cash Dividend of $0.45 Per Share

    Nexstar Media Group, Inc. (NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.45 per share of its Class A common stock. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion. Nexstar Media Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms.

  • Business Wire3 months ago

    Nexstar Media Group Enters into Definitive Agreement to Divest Two Indianapolis Stations for $42.5 Million

    Nexstar Media Group, Inc. (NXST) (“Nexstar”) announced today that it entered into a definitive agreement with Circle City Broadcasting I, Inc. (“CCB”), a newly-formed minority-led broadcaster controlled and owned by DuJuan McCoy, for the sale of two stations in Indianapolis, WISH, the CW affiliate and WNDY, the MyNetworkTV affiliate, for $42.5 million in cash following the completion of Nexstar’s acquisition of Tribune Media. On December 3, 2018, Nexstar and Tribune Media announced that they had entered into a definitive merger agreement whereby Nexstar will acquire all outstanding shares of Tribune Media.

  • Business Wire4 months ago

    Nexstar Media Group to Report 2019 First Quarter Financial Results, Host Conference Call and Webcast on May 8

    Nexstar Media Group, Inc. announced today that it will report its 2019 first quarter financial results before the market opens on Wednesday, May 8, 2019. The Company will host a conference call and webcast at 10:00 a.m.

  • PR Newswire4 months ago

    Scripps to acquire eight television stations from Nexstar-Tribune merger divestitures

    CINCINNATI, March 20, 2019 /PRNewswire/ -- The E.W. Scripps Company (SSP) is acquiring eight television stations in seven markets from the Nexstar Media Group, Inc. (NXST) transaction with Tribune Media (TRCO) as it continues executing its plan to enhance the strength and operating performance of its Local Media portfolio. The acquisition grows the Scripps local television station footprint to 59 stations in 42 markets with a reach of nearly 30 percent of U.S. TV households. It also diversifies Scripps' network affiliations, adding two CBS stations, two Fox stations and four CWs.

  • Business Wire4 months ago

    Nexstar Media Group Enters into Definitive Agreements to Divest Nineteen Stations in Fifteen Markets for $1.32 Billion

    Planned Sales Reflects Nexstar’s Comprehensive Regulatory Compliance Plan to Secure Requisite Approvals for Tribune Media Company Transaction

  • Business Wire5 months ago

    Nexstar Media Group Fourth Quarter Net Revenue Rises 22.1% to a Record $798.0 Million

    Net Revenue Growth Drives Record 4Q Operating Income of $272.8 Million and Net Income of $154.5 Million

  • Business Wire6 months ago

    Nexstar Media Group Increases Quarterly Cash Dividend by 20 Percent

    Nexstar Media Group, Inc. (NXST) announced today that its Board of Directors approved a 20 percent increase in the quarterly cash dividend to $0.45 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2019. The dividend is payable on Friday, February 22, 2019, to shareholders of record on Friday, February 8, 2019. Perry A. Sook, Chairman, President and Chief Executive Officer of Nexstar Media Group, Inc., commented, “Nexstar’s sixth consecutive annual dividend increase highlights the Company’s growing free cash flow profile and the Board’s commitment to returning capital to shareholders.

  • LKQD Technologies’ Platform Achieves TAG’s Highest Independent Certification Level For Advertiser and Brand Safety
    Business Wire6 months ago

    LKQD Technologies’ Platform Achieves TAG’s Highest Independent Certification Level For Advertiser and Brand Safety

    In its ongoing efforts to ensure the highest quality standards and brand safety for digital publishers and advertisers, LKQD Technologies LLC, a leading video advertising platform owned by Nexstar Digital LLC, which is a wholly owned subsidiary of Nexstar Media Group, Inc.

  • Business Wire6 months ago

    Nexstar Media Group Extends Employment Agreement of President and Chief Executive Officer, Perry A. Sook, Through February 2023

    Nexstar Media Group, Inc. (the “Company”) (NXST), announced today that its Board of Directors has extended the employment agreement of President and Chief Executive Officer, Perry A. Sook through February 28, 2023. In addition to his responsibilities as President and Chief Executive Officer, Mr. Sook also serves as the Company’s Chairman, and has held all three positions since founding the company. Mr. Sook founded Nexstar Media Group in 1996 for the purpose of acquiring and operating network affiliated television stations.

  • Business Wire6 months ago

    Nexstar Media Group to Report 2018 Fourth Quarter Financial Results, Host Conference Call and Webcast on February 26

    Nexstar Media Group, Inc. announced today that it will report its 2018 fourth quarter financial results before the market opens on Tuesday, February 26, 2019. The Company will host a conference call and webcast at 10:00 a.m.

  • GlobeNewswire6 months ago

    MERGER ALERT – TRCO and ADPI: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Jan. 07, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.

  • GlobeNewswire7 months ago

    MERGER ALERT – TRCO and BLMT: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

    NEW YORK, Dec. 18, 2018 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.