Nexstar Media Group Inc NXST

Morningstar Rating
$163.84 −0.98 (0.59%)
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Company Report

Price vs Fair Value

NXST is trading within a range we consider fairly valued.
Price
$163.84
Fair Value
$926.00
Uncertainty
High
1-Star Price
$416.90
5-Star Price
$774.00
Economic Moat
Fxg
Capital Allocation
Nlgxsgyvw

Bulls Say, Bears Say

Bulls

Pay-TV distributors are more reluctant to challenge Nexstar on rate increases than other station owners because of Nexstar’s size and scale.

Bears

Advertising spending is increasingly being diverted from broadcast and traditional media to digital methods of delivery, threatening Nexstar’s advertising revenue.

News

Trading Information

Previous Close Price
$164.82
Day Range
$163.18164.76
52-Week Range
$132.30187.27
Bid/Ask
$163.28 / $164.79
Market Cap
$5.29 Bil
Volume/Avg
165,214 / 280,551

Key Statistics

Price/Earnings (Normalized)
12.61
Price/Sales
1.12
Dividend Yield (Trailing)
3.92%
Dividend Yield (Forward)
4.13%
Total Yield
14.06%

Company Profile

Nexstar Media Group Inc is the largest television station owner-operator in the United States with over 200 stations in 116 markets. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has stations in 12 of the top 20 television markets and reaches 68% of us TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.
Sector
Communication Services
Industry
Broadcasting
Stock Style Box
Small Core
Total Number of Employees
13,294

Competitors

Valuation

Metric
NXST
FOXA
AMCX
Price/Earnings (Normalized)
12.6112.281.71
Price/Book Value
2.351.810.36
Price/Sales
1.121.440.15
Price/Cash Flow
5.988.360.29
Price/Earnings
NXST
FOXA
AMCX

Financial Strength

Metric
NXST
FOXA
AMCX
Quick Ratio
1.442.261.79
Current Ratio
1.782.542.13
Interest Coverage
2.185.731.55
Quick Ratio
NXST
FOXA
AMCX

Profitability

Metric
NXST
FOXA
AMCX
Return on Assets (Normalized)
3.86%7.47%4.34%
Return on Equity (Normalized)
19.77%15.73%21.21%
Return on Invested Capital (Normalized)
8.49%9.40%7.88%
Return on Assets
NXST
FOXA
AMCX

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