Nexstar Media Group

Nexstar Media Group, Inc. is a television broadcasting and digital media company, which engages in the acquisition, development, and operation of television stations and interactive community websites and digital media services. The firm offers services free over-the-air programming which includes programs produced by networks with which the stations are affiliated, programs that the stations produce, and first-run and rerun syndicated programs that the stations acquire. It also provides digital publishing and content management platforms to media publishers and advertisers. The company was founded by Perry A. Sook in 1996 and is headquartered in Irving, TX.

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Nexstar Media Group Achieves Record Revenue and Eyes Future Growth

Nexstar Media Group's exceptional 2022 performance, strategic acquisitions, and focus on future technologies position it for continued success. Despite challenges in national advertising, the company is poised for growth through increased retrans revenue and upcoming political ad opportunities.

Nexstar Media Group reports record Q1 revenues and strategic growth

Nexstar Media Group's Q1 2023 earnings call highlighted strong financial performance, strategic growth initiatives, and challenges in distribution revenue. The company's focus on expanding agreements, launching new programming, and transitioning to ATSC 3.0 positions it well for future growth and profitability.

Nexstar Media Group surpasses Q2 expectations, eyes 3.0 expansion

Nexstar Media Group's Q2 performance exceeded expectations, driven by scale benefits and strategic investments. Challenges include declining core ad revenue and audience measurement issues, but opportunities lie in 3.0 technology expansion and content investments.

Nexstar anticipates high-margin growth post DIRECTV deal impact

Nexstar faces challenges from soft advertising market but remains confident in its ability to generate free cash flow. The company is strategically positioned as the largest local broadcaster in the U.S. and is focused on driving high-margin revenue growth through successful negotiations and strategic acquisitions.

Nexstar Media Group beats Q4 expectations, eyes growth opportunities

Nexstar Media Group's Q4 2023 performance surpassed expectations, reflecting strong financials and strategic moves. Despite challenges in advertising trends and cost pressures, the company remains focused on leveraging strengths in broadcast television and maximizing opportunities for growth and profitability. With a solid track record and confidence in its strategic direction, Nexstar is poised for continued success in the evolving media landscape.

Nexstar Media Group reports record Q1 revenue and NewsNation success

Nexstar Media Group delivered exceptional financial performance in Q1 2024, driven by strong revenue and profitability. The company's strategic focus on key growth drivers and shareholder value maximization positions it well for future success. Challenges in advertising revenue and cautious stance on streaming require careful navigation, while opportunities in political advertising and strategic partnerships offer avenues for growth.

Nexstar Media Group reports record-breaking Q3 results and navigates regulatory challenges

Nexstar Media Group's Q3 2024 performance reflects robust financial health and a focus on shareholder value. Leveraging its position as a leading local broadcaster, the company navigates regulatory challenges while capitalizing on opportunities for growth and operational efficiency.

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Despite global headwinds and the potential for rising interest rates, communication services stocks look poised to maintain growth throughout 2022.

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Let's see if Nexstar Media (NXST) stock is a good choice for value-oriented investors right now from multiple angles.

Should Value Investors Pick Nexstar Media (NXST) Stock?

FORT WORTH-DALLAS, Texas and IRVING, Texas, Dec. 9, 2021 /PRNewswire/ -- NBC 5 Dallas-Fort Worth /KXAS and Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group (NASDAQ: NXST), today announced the broadcast details for "Lone Star NYE: Countdown to 2022," a New Year's Eve program airing December 31, 2021 from 11:30 p.m. to 12:30 a.m.

NBC 5 Dallas-Fort Worth and Nexstar Media Inc. to Broadcast Annual New Year's Eve Television Special, 'Lone Star NYE: Countdown to 2022' Featuring Scotty McCreery

Sinclair Inc

GREENSBORO, N.C.--(BUSINESS WIRE)--Greensboro's leading television stations today began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology based on the same fundamental technology as the Internet and digital apps. Today's launch includes WXLV-TV (ABC), WGHP (FOX), WXII-TV (NBC), and WMYV (MyNet). NEXTGEN TV can support a wide range of features that are currently in development. In addition to providing a new, improved way for broadcasters to reach viewers with advanc

Major Broadcasters Launch NEXTGEN TV on Four Local Television Stations in Greensboro, NC

CHARLESTON, W. Va.--(BUSINESS WIRE)--Charleston's leading television stations today officially began broadcasting with NEXTGEN TV, a revolutionary new digital broadcast technology. The launch includes WCHS-TV (ABC), WOWK-TV (CBS), WSAZ-TV (NBC), WQCW (CW) and WVAH-TV (Decades). Based on the same fundamental technology as the Internet and digital apps, NEXTGEN TV can support a wide range of features that are currently in development. In addition to providing a new, improved way for broadcasters

Major Broadcasters Launch NEXTGEN TV on Five Local Television Stations in Charleston, West Virginia

NXST is up over 40% this year supported by strong operating and financial trends across its diversified media properties.

Nexstar Media Group: Earnings Juggernaut With Upside Into 2022 Midterm Elections

SAVANNAH, Ga. & IRVING, Texas--(BUSINESS WIRE)--Nexstar Media promoted David Hart to VP and General Manager of its Savannah, GA, broadcasting and digital operations WSAV-TV (NBC) and wsav.com.

Nexstar Media Group Promotes David Hart to Vice President and General Manager of Its Broadcasting and Digital Operations in Savannah, Georgia

Nexstar Media Group is an undervalued broadcast television company with best-of-breed management and a double-digit free cash flow yield. The market has overlooked double-digit recurring retransmission fee revenue, which accounts for the majority of EBITDA and free cash flow.

Nexstar Media Group: An Undervalued Shining Star

LAFAYETTE, La. & IRVING, Texas--(BUSINESS WIRE)--Nexstar Media named Chris Cook Vice President and General Manager of its Lafayette, LA, broadcasting and digital operations KLFY-TV and klfy.com.

Nexstar Media Group Names Chris Cook as Vice President and General Manager of Its Broadcasting and Digital Operations in Lafayette, Louisiana

CHAMPAIGN, Ill. & IRVING, Texas--(BUSINESS WIRE)--Nexstar named Larry Forsgren VP and General Manager of its Champaign-Springfield, IL, broadcast and digital operations WCIA-TV, WCIX-TV and WCIA.com.

Nexstar Media Group Names Larry Forsgren as Vice President and General Manager of Its Broadcasting and Digital Operations in Champaign-Springfield, Illinois

Nexstar Media Group, Inc. (NXST) CEO Perry Sook on Q3 2021 Results - Earnings Call Transcript

Nexstar Media Group Inc (NASDAQ: NXST) reported third-quarter FY21 net revenue growth of 3.5% year-on-year to $1.157 billion, marginally ahead of the consensus of $1.15 billion. Revenues from Total Television Advertising declined 13.5% Y/Y to $445.1 million, comprising Core Advertising revenue that climbed 13.3% Y/Y to $432.7 million, partially offset by a 90.6% decline in Political Advertising revenue to $12.4 million.

Nexstar Media Q3 Earnings Beat Estimates; Says Q4 Trends Continue To Improve

Top U.S. local TV station owner Nexstar Media Group reported solid third-quarter results, with distribution and core advertising gains offsetting record 2020 political ad spending. The company's total revenue gained 3.5% in the quarter compared with the same period a year ago, reaching $1.16 billion. Diluted earnings per share dipped to $3.90 from $4.08, but...

Nexstar Media Group Posts Solid Q3 Results As Core Advertising Gains Offset 2020 Political Windfall

Nexstar (NXST) delivered earnings and revenue surprises of -3.70% and 1.49%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Nexstar Broadcasting Group (NXST) Q3 Earnings Miss Estimates

IRVING, Texas--(BUSINESS WIRE)--Leading diversified media company, Nexstar Media Group reported financial results for the 2021 third quarter, including record third quarter revenue

Nexstar Media Group Reports Record Third Quarter Net Revenue of $1,157.0 Million

IRVING, Texas--(BUSINESS WIRE)--The Nexstar Media Group (NASDAQ: NXST) Board of Directors declared a quarterly cash dividend of $0.70 per share of its Class A common stock.

Nexstar Media Group Declares Quarterly Cash Dividend of $0.70 Per Share

Nexstar (NXST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Nexstar Broadcasting Group (NXST) Q3 Earnings Expected to Decline

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IRVING, Texas & DALLAS--(BUSINESS WIRE)--Nexstar Media promoted Marc Hefner to VP and General Manager of its Dallas, Texas, broadcast and digital operations, overseeing KDAF-TV and cw33.com.

Nexstar Media Inc. Promotes Marc Hefner to Vice President and General Manager of Its Broadcast and Digital Operations in Dallas, Texas

IRVING, Texas & TERRE HAUTE, Ind.--(BUSINESS WIRE)--Nexstar promoted Tim Sanders to VP and General Manager of its Terre Haute, IN, media operations overseeing WTWO-TV and Mission Broadcasting's WAWV-TV.

Nexstar Media Inc. Promotes Tim Sanders to Vice President and General Manager of Its Broadcast and Digital Operations in Terre Haute, Indiana

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CHICAGO--(BUSINESS WIRE)--NewsNation, Nexstar Media Inc.'s (Nasdaq: NXST) wholly-owned news and entertainment cable network reaching 75 million U.S. television households, debuts four hours of new live programming on Monday, September 27, adding 20 hours of news, analysis, and talk to the network's weekly schedule. Beginning Monday, NewsNation viewers will start their day with MORNING IN AMERICA, a live national three-hour weekday morning news show airing from 7 a.m. ET to 10 a.m. ET, hosted by

NewsNation Debuts Expanded Programming on Monday, September 27

CHARLOTTE, N.C. & IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), announced today that it has named Lloyd Bucher as Vice President and General Manager of its broadcast and digital operations in Charlotte, North Carolina (DMA #22), overseeing WJZY-TV (FOX), WMYT-TV (MyNet) and fox46.com. Mr. Bucher will assume his new responsibilities on September 29, and report to Ron Romines, Senior Vice President and Regional Manager f

Nexstar Media Inc. Names Lloyd Bucher as Vice President and General Manager of Its Broadcast and Digital Operations in Charlotte, North Carolina

A small media company that owns one of the top portfolios of big four network television stations has outperformed media giants and could continue to see strong returns with acquisitions, sports wagering launches and share buybacks. About Nexstar Media: The largest local television and media company in the U.S. is Nexstar Media Group (NASDAQ: NXST).

This Small-Cap Media Stock Has Outperformed Disney, Comcast In The Last 5 Years: Can It Keep The Run Going?

IRVING, Texas & MEMPHIS, Tenn.--(BUSINESS WIRE)--Nexstar Media Inc., a wholly owned subsidiary of Nexstar Media Group, Inc. (Nasdaq: NXST), today announced that it has promoted Fran McRae to Vice President and General Manager of its broadcast and digital operations in Memphis, Tennessee (DMA #51), and Jackson, Tennessee (DMA #175), overseeing WREG-TV (CBS), WJKT-TV (FOX), wreg.com, and their related mobile and social media channels. She succeeds Ron Walter, who retired at the end of August. Ms.

Nexstar Media Inc. Promotes Fran McRae to Vice President and General Manager of Its Broadcast and Digital Operations in Memphis, Tennessee and Jackson, Tennessee

News for Nexstar Media Group Stock (NXST)