|Bid||78.98 x 1000|
|Ask||87.62 x 800|
|Day's Range||80.22 - 83.96|
|52 Week Range||43.37 - 133.25|
|Beta (5Y Monthly)||1.83|
|PE Ratio (TTM)||12.01|
|Forward Dividend & Yield||2.24 (2.73%)|
|Ex-Dividend Date||May 14, 2020|
|1y Target Est||N/A|
Sinclair Broadcast Group, Inc. (NASDAQ: SBGI), Nexstar Media Group, Inc, (NASDAQ: NXST), and The E.W. Scripps Company (NASDAQ: SSP), three of the nation's leading local television broadcasters, announce that their Las Vegas television stations began broadcasting today in NEXTGEN TV powered by ATSC 3.0. NEXTGEN TV is a new broadcasting technology delivering dramatically improved audio and video experiences for consumers and interoperability with Internet-delivered content. NEXTGEN TV is the most significant broadcast technology upgrade ever, enabling the full integration of enhanced broadcast television service into the digital and mobile lifestyles of today's consumers.
Nexstar Media Group will hold its 2020 Annual Meeting of Stockholders in a virtual-only format on June 3, due to COVID-19 public health concerns.
In April, users on Nexstar's websites and mobile apps increased 133% year-over-year to over 96 million, generating more than 1.1 billion page views.
Nexstar Broadcasting and the National Football League’s Las Vegas Raiders reached an exclusive broadcast rights and content partnership agreement.
Nexstar Broadcasting news anchors Colleen Marshall and Ali Meyer have each been honored with a national "Gracie Award" for groundbreaking reporting.
Nexstar Broadcasting television stations win 50 regional Edward R. Murrow awards for outstanding journalism and local news programming.
Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar" or "the Company") today reported financial results for the first quarter ended March 31, 2020 as summarized below. The actual results presented herein for the three months ended March 31, 2020 reflect the Company’s legacy Nexstar Broadcasting and digital operations and full quarterly results from the Tribune Media stations which we acquired on September 19, 2019. First quarter 2020 revenue from WGN America, also acquired in the Tribune transaction, is included in core advertising revenue and distribution fee revenue. The contribution from Nexstar’s 31.3% ownership stake in TV Food Network and other investments acquired in the Tribune transaction is included in the full income statement on page 7 under "Income (loss) on equity investments, net." The comparable three month period ended March 31, 2019 reflects Nexstar’s legacy broadcasting and digital operations.
Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.56 per share of its Class A common stock. The dividend is payable on Friday, May 29, 2020, to shareholders of record on Friday, May 15, 2020.
Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that it will report its 2020 first quarter financial results before the market opens on Wednesday, May 6, 2020. The Company will host a conference call and webcast at 10:00 a.m. ET that morning to review the results.
Nexstar Media Group, Inc. (Nasdaq: NXST) (the "Company" or "Nexstar") announced today that it completed the previously announced purchase and sale agreements with Fox Television Stations, LLC, a subsidiary of Fox Corporation (Nasdaq: FOXA, FOX) ("FOX"), whereby Nexstar purchased the Charlotte FOX Affiliate WJZY and MyNetworkTV Affiliate WMYT for approximately $45 million in cash, and divested the Seattle FOX Affiliate KCPQ and MyNetworkTV Affiliate KZJO, and the Milwaukee FOX Affiliate WITI, for approximately $350 million in cash. Nexstar intends to use the approximately $240 million of net after tax proceeds from the transactions to reduce borrowings under its credit facilities and for general corporate purposes.
Fox Corporation (Nasdaq: FOXA, FOX) ("FOX") today announced it has completed the previously announced purchase of Seattle stations KCPQ-TV FOX 13 and KZJO-TV MyNetworkTV 22 as well as Milwaukee station WITI FOX 6 from Nexstar Media Group (Nasdaq: NXST). With this transaction, FOX Television Stations expands its market presence to 14 of the top 15 DMAs and adds two markets that overlap with FOX's National Football League, Major League Baseball and college football broadcast packages.
Standard General L.P., one of the largest shareholders of TEGNA Inc. (NYSE: TGNA), and the owner of approximately 9.7% of the Company's outstanding shares, today announced that it will nominate a slate of four highly qualified, diverse and independent candidates for election to the Board of Directors at the Company's 2020 Annual Meeting of Shareholders.
Nielsen (NYSE: NLSN) ("Nielsen") and Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar") today announced a multi-year agreement whereby Nielsen will provide a comprehensive suite of measurement services for all broadcast and cable entities across Nexstar Media Group including 197 local television stations and digital subchannels in 115 markets, and national ratings for cable entertainment network WGN America and digital network, Antenna TV.
Acquisition expands Fox Television Stations' reach to 14 of the top 15 markets NEW YORK and LOS ANGELES , Nov. 5, 2019 /PRNewswire/ -- Fox Corporation (Nasdaq FOXA, FOX) ("FOX") today announced ...
CINCINNATI , Sept. 19, 2019 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has closed its acquisition of eight television stations in seven markets divested from the Nexstar Media Group, Inc. (NASDAQ: ...
CHICAGO , Sept. 16, 2019 /PRNewswire/ -- Tribune Media Company (NYSE: TRCO) issued the following statement regarding today's announcement by the Federal Communication Commission that it has approved the ...
New Agreement with Largest Independent Operator of CBS Affiliates Covers Nearly Six Million Television Households Across 15 Markets NEW YORK and IRVING, Texas , Aug. 6, 2019 /PRNewswire/ -- CBS Corporation ...