nexstar media group is the largest tv station operator in the country. with the reach of 171 full power television stations in 100 markets addressing nearly 38.9% of us television households, and a diversified, growing digital media operation, nexstar media group offers superior audience engagement across all media devices and local broadcast television’s unrivalled influence on consumers’ purchasing and political decisions. in 20 years, nexstar has grown from a single station to the nation’s largest television company. this growth is fueled by an organization-wide commitment to delivering exceptional service to our communities and outstanding results for our advertisers. from the very beginning, nexstar has cultivated an organization-wide commitment to providing superior, unique local content that is relevant to each of the communities it serves, while offering local businesses, advertisers and brands the ability to engage and connect with local communities.
Company profile
Ticker
NXST
Exchange
Website
CEO
Perry Sook
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Liberty Media Corp. - Ordinary Shares • Paramount Global - Ordinary Shares • Fox Corporation - Ordinary Shares • TEGNA • Sinclair Inc - Ordinary Shares • Gray Television • E.W. Scripps Co. - Ordinary Shares • Entravision Communications Corp. - Ordinary Shares • Phoenix New Media • Sinclair Broadcast ...
Former names
NEXSTAR BROADCASTING GROUP INC
SEC CIK
Corporate docs
Subsidiaries
Nexstar Media Inc. • Tribune Media Company • Tribune Broadcasting Company • Tribune Real Estate Holdings, LLC • The CW Network, LLC ...
IRS number
233083125
NXST stock data
Latest filings (excl ownership)
10-Q
2024 Q1
Quarterly report
9 May 24
8-K
Results of Operations and Financial Condition
9 May 24
ARS
2023 FY
Annual report to shareholders
2 May 24
DEFA14A
Additional proxy soliciting materials
2 May 24
DEF 14A
Definitive proxy
29 Apr 24
8-K
Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share
26 Apr 24
10-K
2023 FY
Annual report
28 Feb 24
8-K
Nexstar Media Group Reports Fourth Quarter Net Revenue of $1.3 Billion
28 Feb 24
8-K
Nexstar Media Group Raises Quarterly Cash
26 Jan 24
8-K
Departure of Directors or Certain Officers
17 Jan 24
Transcripts
NXST
Earnings call transcript
2024 Q1
9 May 24
NXST
Earnings call transcript
2023 Q4
28 Feb 24
NXST
Earnings call transcript
2023 Q3
8 Nov 23
NXST
Earnings call transcript
2023 Q2
8 Aug 23
NXST
Earnings call transcript
2023 Q2
8 Aug 23
NXST
Earnings call transcript
2023 Q1
9 May 23
NXST
Earnings call transcript
2022 Q4
28 Feb 23
NXST
Earnings call transcript
2022 Q3
8 Nov 22
NXST
Earnings call transcript
2022 Q2
5 Aug 22
NXST
Earnings call transcript
2022 Q1
10 May 22
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 237.00 mm | 237.00 mm | 237.00 mm | 237.00 mm | 237.00 mm | 237.00 mm |
Cash burn (monthly) | (no burn) | 15.83 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 33.32 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 203.68 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 12.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
94.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 412 |
Opened positions | 353 |
Closed positions | 8 |
Increased positions | 19 |
Reduced positions | 22 |
13F shares | Current |
---|---|
Total value | 4.76 tn |
Total shares | 30.88 mm |
Total puts | 282.10 k |
Total calls | 209.00 k |
Total put/call ratio | 1.3 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 3.37 mm | $580.69 bn |
BLK Blackrock | 2.97 mm | $511.17 bn |
Neuberger Berman | 1.53 mm | $264.04 bn |
FMR | 1.49 mm | $256.22 bn |
LSV Asset Management | 1.37 mm | $236.05 mm |
Dimensional Fund Advisors | 1.26 mm | $217.80 bn |
Alliancebernstein | 1.01 mm | $173.45 bn |
STT State Street | 988.66 k | $170.34 bn |
Pacer Advisors | 744.88 k | $128.34 bn |
Geode Capital Management | 720.39 k | $124.39 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
23 May 24 | Michael Biard | RSU Common Stock | Grant | Acquire A | No | No | 0 | 10,000 | 0.00 | 10,000 |
23 May 24 | Michael Biard | RSU Common Stock | Grant | Acquire A | No | No | 0 | 10,000 | 0.00 | 10,000 |
23 May 24 | Michael Strober | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 3,000 |
23 May 24 | Michael Strober | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 3,000 |
23 May 24 | Weitman Gary | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 3,000 |
23 May 24 | Weitman Gary | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 3,000 |
23 May 24 | Russell Blake | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 3,000 |
23 May 24 | Russell Blake | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 3,000 |
23 May 24 | Rachel Morgan | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 3,000 |
23 May 24 | Rachel Morgan | RSU Common Stock | Grant | Acquire A | No | No | 0 | 3,000 | 0.00 | 3,000 |
News
(NXST) - Analyzing Nexstar Media Gr's Short Interest
27 May 24
10 Communication Services Stocks Whale Activity In Today's Session
21 May 24
'Big Short' Investor Michael Burry Bets Heavy On Gold, Renewable Energy Stocks, Exits Amazon, Alphabet
16 May 24
Barrington Research Maintains Outperform on Nexstar Media Gr, Maintains $200 Price Target
13 May 24
Wells Fargo Upgrades Nexstar Media Gr to Overweight, Raises Price Target to $221
13 May 24
Press releases
25 Nexstar Television Stations Win 35 Regional Edward R. Murrow Awards for Outstanding Journalism and Exceptional Locally Produced News Programming
30 May 24
The CW Network to Broadcast Pac-12 Football Games to a National Audience in 2024
14 May 24
Nexstar Media Group Reports Record First Quarter Net Revenue of $1.28 Billion
9 May 24
Nexstar Television Stations in Chicago, Norfolk, and Lafayette, LA, to Become Affiliated With The CW Network on September 1
1 May 24
Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share
26 Apr 24