Plato Investment Management Ltd Takes Position in Nexstar Media Group, Inc. $NXST
Plato Investment Management Ltd has acquired a new stake of 6,882 shares, valued at $246,000, in Nexstar Media Group (NASDAQ:NXST). Other hedge funds have also adjusted their positions in the company, which is 95.30% owned by institutional investors. Nexstar Media Group has a "Moderate Buy" consensus rating from analysts, despite recent price target reductions, and declared a quarterly dividend of $1.86 per share.
Foster & Motley Inc. Takes $8.53 Million Position in Nexstar Media Group, Inc. $NXST
Foster & Motley Inc. recently acquired a new position in Nexstar Media Group, Inc. (NASDAQ:NXST), purchasing 47,755 shares valued at approximately $8.53 million, representing about 0.16% of the company's stock. Several other institutional investors also adjusted their holdings in Nexstar Media Group, which saw a 1.2% stock decline, but still maintains a "Moderate Buy" consensus rating from analysts with an average price target of $259.00. The company announced a quarterly dividend of $1.86 per share, yielding 4.1% annually, despite missing analyst earnings estimates in its last quarterly report.
Nexstar Media Group, Inc. (NASDAQ:NXST) Receives Average Recommendation of "Moderate Buy" from Brokerages
Nexstar Media Group (NASDAQ: NXST) has received an average recommendation of "Moderate Buy" from eight brokerages, with an average 12-month price target of $259, significantly higher than its current share price of $182.57. While the company reported a 62.2% year-over-year revenue increase to $1.99 billion, its earnings per share of $3.61 missed the consensus estimate of $5.98. Nexstar also declared a quarterly dividend of $1.86 per share, representing a 4.1% annualized yield, despite a high payout ratio of 142.8%.
Court Backs Kansas in Nexstar-Tegna Antitrust Fight
A federal court has ordered Nexstar Media Group to unwind board-level ties with Tegna Inc., ruling that Nexstar violated a preliminary injunction in an antitrust dispute brought by Kansas and other states. The court directed Nexstar to remove executives from Tegna's board and mandated regular reports from both broadcasters, along with the appointment of a special master to ensure compliance. This ruling marks a victory for the states challenging Nexstar's acquisition of Tegna, arguing that the combination could weaken competition in local broadcasting markets despite the deal receiving prior clearance from federal regulators.
Insider Selling: Nexstar Media Group (NASDAQ:NXST) Insider Sells $751,339.68 in Stock
Nexstar Media Group (NASDAQ:NXST) insider Dana Zimmer sold 4,008 shares of the company's stock for $751,339.68, reducing her direct ownership by 69.1%. This sale is part of a series of transactions by Zimmer since late May. The company recently reported Q2 EPS of $3.61, missing analyst estimates, and announced a quarterly dividend of $1.86, representing a 4.0% annual yield.
Nexstar Media Group Insider Sold Shares Worth $751,352, According to a Recent SEC Filing
An insider at Nexstar Media Group recently sold shares valued at $751,352, as disclosed in a recent SEC filing. This transaction occurred on August 17, 2026, at 11:46 am EDT. The article also mentions Deutsche Bank adjusting Nexstar's price target to $240 from $255, while maintaining a Buy rating.
Nexstar Media Group Officer Sold Shares Worth Over $751K
Dana Zimmer, an Officer at Nexstar Media Group, sold 4,008 shares of common stock for a total of $751,351 on August 14, 2026. Following this transaction, Zimmer directly owns 1,792 shares. The sale is categorized as a direct ownership transaction.
Nexstar Media (NXST) exec dumps 4,008 company shares
Nexstar Media Group executive Dana Zimmer sold 4,008 shares of common stock at $187.463 per share on August 14, 2026. Following this transaction, Zimmer directly holds 1,792 shares of NXST. The sale was reported via a Form 4 filing and was not made under a Rule 10b5-1 trading plan.
Court sides with Kansas AG Kobach in Nexstar-Tegna antitrust case
A U.S. district court has sided with Kansas Attorney General Kris Kobach and other attorneys general in an antitrust case against Nexstar and Tegna. The court found that Nexstar violated a preliminary injunction by placing its executives on Tegna's Board of Directors. As a result, Nexstar must remove these employees, both companies must provide regular reporting to the states, and a special master will be appointed to ensure compliance with the injunction.
NewEdge Advisors LLC Purchases 8,913 Shares of Nexstar Media Group, Inc. $NXST
NewEdge Advisors LLC significantly increased its stake in Nexstar Media Group (NASDAQ:NXST) by purchasing an additional 8,913 shares, bringing its total holdings to 9,028 shares valued at approximately $1.63 million. Other institutional investors also adjusted their positions in Nexstar, which reported Q1 revenue of $1.99 billion, exceeding expectations, but missed EPS estimates with $3.61 per share against a $5.98 consensus. The company declared a quarterly dividend of $1.86 per share, and analysts currently hold a "Moderate Buy" consensus rating with an average target price of $259.00.
Nexstar Media Group, Inc. $NXST Shares Purchased by Bank of America Corp DE
Bank of America Corp DE increased its stake in Nexstar Media Group (NXST) by 17% in Q1, holding 173,269 shares worth $31.3 million. Institutional investors collectively own 95.3% of the company, which holds a "Moderate Buy" consensus rating from analysts with an average price target of $259. Despite a 62.2% year-over-year revenue increase to $1.99 billion, Nexstar reported Q1 EPS of $3.61, missing consensus estimates, and declared a quarterly dividend of $1.86.
Nxst insider (NXST) plans sale of 4,008 common shares after vesting
NEXSTAR MEDIA GROUP, INC. insider Dana Zimmer has filed a notice of intent to sell up to 4,008 shares of NXST common stock through Fidelity Brokerage Services, with sales anticipated by August 14, 2026. These shares are primarily from restricted stock vesting scheduled between March and June 2026. Zimmer has also made several common share sales in the past three months, generating aggregate proceeds from these transactions.
AI Helps ALS Patient Communicate Again in Award-Winning Story
Nexstar Media Group's local TV stations, KXAN-TV and WHO 13, have received two national Edward R. Murrow Awards for outstanding journalism. KXAN-TV was recognized for its investigative digital storytelling, while WHO 13 won for its "Hard News" story "Robin's Voice," highlighting an ALS patient who regained communication through AI technology. This recognition underscores Nexstar's commitment to local journalism.
Nexstar’s Local TV Stations Receive Two National Edward R. Murrow Awards for Outstanding Journalism and Exceptionally Produced Content
Nexstar Media Group, Inc. announced that two of its local television stations, KXAN-TV in Austin, Texas, and WHO 13 in Des Moines, Iowa, have each won national Edward R. Murrow Awards. KXAN-TV was recognized in the "Digital" category for its investigative projects, while WHO 13 received an award for "Hard News" for its story "Robin's Voice." This recognition highlights Nexstar's commitment to strong local journalism and its vital role in informing communities.
How Record TEGNA-Driven Revenue and Higher EPS At Nexstar Media Group (NXST) Has Changed Its Investment Story
Nexstar Media Group (NXST) reported strong second-quarter 2026 results, with increased sales and EPS, significantly boosted by the TEGNA acquisition. The company maintained its quarterly dividend, signaling confidence in its cash generation despite high leverage and regulatory scrutiny. This performance supports Nexstar's strategy of scaled local TV and national networks, though investor concerns about subscriber pressure and regulatory uncertainty persist.
Western Wealth Management LLC Takes $1.23 Million Position in Nexstar Media Group, Inc. $NXST
Western Wealth Management LLC has acquired a new position in Nexstar Media Group, Inc. (NASDAQ:NXST) worth approximately $1.23 million, purchasing 6,796 shares in the first quarter. Institutional investors collectively own 95.3% of the stock. Nexstar recently reported quarterly revenue of $1.99 billion, exceeding estimates, but its earnings per share of $3.61 missed the consensus forecast of $5.98.
Nexstar Media Group, Inc. (NASDAQ:NXST) to Issue Quarterly Dividend of $1.86
Nexstar Media Group (NASDAQ:NXST) has announced a quarterly dividend of $1.86 per share, payable on August 28th to shareholders of record as of August 14th. This translates to an annualized dividend of $7.44 and a yield of 4.1%. The company has consistently increased its dividend for the past 12 years, with its current payout ratio of 28.3% indicating strong coverage by earnings.
Nexstar Media Group Drops 5.8% Amid Sector-Wide Selling
Nexstar Media Group (NXST) saw its shares drop by 5.8% on Tuesday, closing at $180.59, as a broader selloff impacted the broadcasting sector. This decline, which reduced its market cap, was part of a larger trend where peers like Entravision Communications (EVC) and iHeartMedia (IHRT) experienced even steeper drops. Elevated trading volume and deteriorating analyst sentiment suggest widespread concerns about the industry rather than company-specific issues, prompting investors to watch for sector-specific news or management commentary.
Nexstar Media Group (NASDAQ:NXST) Stock Price Down 5.3% - Here's What Happened
Nexstar Media Group (NASDAQ:NXST) saw its stock price drop by 5.3% to $181.58 during mid-day trading, with trading volume significantly lower than average. Despite the price dip and missing EPS estimates ($3.61 vs. $5.98) in its latest quarterly report, the company reported a 62.2% year-over-year revenue increase to $1.99 billion and declared a quarterly dividend of $1.86 per share. Analysts maintain a "Moderate Buy" consensus with an average price target of $259.00.
Pacer Advisors Inc. Has $740,000 Stake in Nexstar Media Group, Inc. $NXST
Pacer Advisors Inc. significantly reduced its stake in Nexstar Media Group by 97.9% in the first quarter, now holding 4,095 shares valued at approximately $740,000. Despite Nexstar reporting strong revenue growth, its earnings per share fell short of analyst estimates. The company, which is largely owned by institutional investors, maintains a "Moderate Buy" consensus rating from analysts with an average price target significantly above its current trading price.
NEXSTAR MEDIA GROUP INC : DEUTSCHE BANK CUTS TARGET PRICE TO $240 FROM $255
Deutsche Bank has reduced its target price for Nexstar Media Group Inc. (NXST.O) from $255 to $240. This adjustment reflects a revised outlook from the financial institution regarding the media company's stock. The news was reported by Reuters.
Royal Bank of Canada Has $9.42 Million Stake in Nexstar Media Group, Inc. $NXST
Royal Bank of Canada reduced its stake in Nexstar Media Group (NXST) by 33.1% in the first quarter, holding 52,082 shares valued at approximately $9.42 million. Despite this, institutional investors and hedge funds own 95.3% of the company, and analysts generally maintain a "Moderate Buy" consensus with an average price target of $259. Nexstar reported strong quarterly revenue growth of 62.2% year-over-year to $1.99 billion, though EPS of $3.61 missed estimates.
Earnings Miss: Nexstar Media Group, Inc. Missed EPS By 37% And Analysts Are Revising Their Forecasts
Nexstar Media Group (NASDAQ: NXST) reported Q2 revenues in line with analyst predictions but statutory earnings per share missed estimates by 37%, hitting US$3.61. Despite this miss, analysts have become more optimistic about the company's future, increasing their revenue and EPS forecasts for 2026. The consensus price target remained unchanged at US$248, suggesting the improved earnings outlook is not expected to significantly impact long-term value for shareholders.
Nexstar Media Group (NASDAQ:NXST) Posts Quarterly Earnings Results, Misses Estimates By $2.37 EPS
Nexstar Media Group (NASDAQ:NXST) reported its quarterly earnings, missing analyst EPS estimates by $2.37 with $3.61 per share, despite revenue of $1.99 billion slightly exceeding expectations and growing 62.2% year-over-year. The company's record results were driven by the TEGNA acquisition, political advertising, FIFA World Cup spending, and cost efficiencies, with The CW expected to achieve profitability in Q4. Challenges include a decline in non-political advertising, ongoing TEGNA integration issues, and significant debt, leading Nexstar to prioritize debt repayment over share repurchases.
How Record TEGNA-Driven Revenue and Higher EPS At Nexstar Media Group (NXST) Has Changed Its Investment Story
Nexstar Media Group (NXST) reported strong Q2 2026 results with increased revenue and EPS, driven significantly by the TEGNA acquisition. This performance supports the company's strategy of scaled local TV and national networks, allowing it to maintain its quarterly dividend despite ongoing regulatory scrutiny and subscriber pressure. The record revenue from TEGNA strengthens the investment narrative, although questions remain regarding long-term growth and leverage.
NEXSTAR MEDIA GROUP, INC. Q2 2026: Revenue $1.993B, EPS $3.61— 10-Q Summary
Nexstar Media Group, Inc. reported strong Q2 2026 results, with revenue reaching $1.993 billion and diluted EPS of $3.61, representing significant year-over-year growth. This surge was primarily driven by the acquisition of TEGNA in March 2026, leading to increased distribution and advertising revenue, as well as an expanded operational scale. The company now operates 265 TV stations and holds an 81.1% stake in The CW.
How Record TEGNA-Driven Revenue and Higher EPS At Nexstar Media Group (NXST) Has Changed Its Investment Story
Nexstar Media Group (NXST) reported strong Q2 2026 results, with sales of US$1,993 million and net income of US$120 million, driven significantly by the TEGNA acquisition. The company also maintained its quarterly dividend of US$1.86 per share, signaling management's confidence in its cash generation despite leverage and regulatory scrutiny. This performance reinforces Nexstar's strategy of scaled local TV and national networks but leaves questions regarding subscriber pressure and regulatory uncertainty.
Nexstar Media Group (NASDAQ:NXST) Given New $249.00 Price Target at Wells Fargo & Company
Wells Fargo & Company has adjusted its price target for Nexstar Media Group (NASDAQ:NXST) from $253.00 to $249.00 while reiterating an "overweight" rating, indicating a potential 27.16% upside. Despite the slight target reduction, analyst sentiment remains largely positive, with a "Moderate Buy" consensus and an average price target of $259.00. The company recently reported Q2 revenue of $1.99 billion, surpassing estimates, though EPS of $3.61 fell short of the $5.98 consensus forecast.
Attorney General Bonta Secures Victory on Nexstar/Tegna Motion, Court Calls Nexstar’s Attempt to Take Over Tegna Despite Court Order “Shocking" and “Brazen”
California Attorney General Rob Bonta announced a court victory against Nexstar Media Group and Tegna Inc. The court found Nexstar violated a hold-separate order by placing its executives on Tegna's board and mandated regular reporting and the appointment of a special master for compliance. This ruling supports the states' efforts to block the merger, which they argue would harm consumers and reduce local journalism.
Nexstar Media Group Q2 Earnings Call Highlights
Nexstar Media Group reported record second-quarter results with revenue nearing $2 billion, driven by the acquisition of TEGNA, political advertising growth, and increased distribution revenue. CEO Perry Sook highlighted the company's strong performance, while President Mike Biard detailed the revenue increases, noting significant contributions from TEGNA and political ads. CFO Lee Ann Gliha discussed profitability, cash flow, and debt reduction efforts, alongside ongoing litigation related to the TEGNA acquisition.
Earnings call transcript: Nexstar posts record Q2 2026 revenue but misses EPS
Nexstar Media Group reported record second-quarter revenue of $1.99 billion, exceeding Wall Street estimates, but missed adjusted EPS expectations due to costs associated with its TEGNA acquisition. The company emphasized its financial discipline, debt reduction plans, and strong political advertising outlook for the remainder of 2026, despite ongoing litigation related to the TEGNA acquisition. Management is confident in prevailing in court and aims to return to pre-transaction leverage levels by 2028.
KTLA-TV owner Nexstar violated court order, a federal judge finds
A federal judge found that Nexstar Media Group, owner of KTLA-TV Channel 5, violated a court order related to its $6.2-billion takeover of Tegna Inc. The judge described Nexstar's actions as "brazen" for forming a new Tegna board with Nexstar officials despite a preliminary injunction to keep Tegna as a separate business unit. Consequently, Nexstar must dissolve the new board, submit monthly reports, and will have a special master appointed to monitor compliance in the antitrust case.
Nexstar CEO Says Tegna Settlement A Possibility, But Situation Differs From Paramount-WBD
Nexstar CEO Perry Sook indicated that a settlement in the antitrust lawsuit against its merger with Tegna is possible, though he emphasized that Nexstar faces less pressure than companies involved in other high-profile cases, such as the Paramount-Warner Bros. Discovery merger. Sook noted that Nexstar has already closed on the acquisition, differentiating its situation from others facing ticking fees or strict deadlines. He also commented on the FCC's decision to eliminate the cap on local TV station ownership, stating it would remove uncertainty for future M&A but only offer marginal benefit to Nexstar's defense in the current lawsuit, which primarily concerns antitrust issues rather than ownership limits.
Nexstar Media Group Reports Record $2 Billion Quarterly Revenue on TEGNA Growth
Nexstar Media Group (NASDAQ: NXST) announced a record Q2 net revenue of $1.99 billion, driven by its acquisition of TEGNA, increased political advertising, and growth in broadcast and streaming. Net revenue surged 62.2% year-over-year, with adjusted EBITDA rising 62.7% to $633 million. The company continued to reduce debt, distribute dividends, and expand its strategic initiatives, despite ongoing litigation related to the TEGNA acquisition.
Nexstar Media Group Reports Record Quarterly Revenue With Second Quarter Net Income Of $113 Million
Nexstar Media Group announced record second-quarter net revenue of $2.0 billion, with net income reaching $113 million and adjusted EBITDA of $633 million. The company attributed this success to the TEGNA acquisition, increased political advertising, FIFA World Cup ad revenue, and growth in streaming. Nexstar also highlighted the continued growth of NewsNation and The CW, alongside strategic programming initiatives and advancements in ATSC 3.0 deployment.
Nexstar Media Group Reports Record Quarterly Net Revenue of $2.0 Billion
Nexstar Media Group announced record quarterly net revenue of $2.0 billion for Q2 2026, driven by its acquisition of TEGNA Inc., strong political advertising, FIFA World Cup events, and streaming ad growth. The company reported a net income of $113 million and Adjusted EBITDA of $633 million, returning $57 million to shareholders in dividends and repaying $409 million of debt. Nexstar is also actively defending against litigation challenging its TEGNA acquisition while expanding its reach through partnerships and new local newscasts.
Earnings Flash (NXST) Nexstar Media Group, Inc. Reports Q2 Revenue $1.99B, vs. FactSet Est of $1.97B
Nexstar Media Group, Inc. (NXST) announced its Q2 revenue of $1.99 billion, surpassing the FactSet estimate of $1.97 billion. This financial update indicates a stronger-than-expected performance for the diversified media company.
Nexstar Media Group posts record Q2 revenue of $1.99B, adjusted EBITDA $633M
Nexstar Media Group reported record net revenue of $1.99 billion for Q2 2026, driven by the TEGNA acquisition and increased advertising. The company achieved $113 million in net income and $633 million in adjusted EBITDA, returning $57 million to shareholders and repaying $409 million in debt. Key business highlights include the TEGNA acquisition, expanded distribution for The CW, sustained viewership growth for NewsNation, and widespread ATSC 3.0 deployment.
CX Institutional Has $7.22 Million Position in Nexstar Media Group, Inc. $NXST
CX Institutional has increased its stake in Nexstar Media Group (NXST) by 16% in the second quarter, bringing its total holdings to 40,423 shares valued at approximately $7.22 million. Institutional investors collectively own 95.3% of the company, which recently declared a quarterly dividend of $1.86 per share. Analysts currently have a "Moderate Buy" consensus rating for Nexstar Media Group with an average price target of $259.67.
Nexstar Media Group declares $1.86 quarterly dividend payable Aug. 28
Nexstar Media Group (NXST) has declared a quarterly cash dividend of $1.86 per share. This dividend is payable on August 28, 2026, to shareholders of record as of August 14, 2026. The company intends to continue paying regular quarterly dividends, with future payouts subject to quarterly review by its Board of Directors.
Nexstar Maintains Its Quarterly Cash Dividend
Nexstar Media Group's Board of Directors has declared a quarterly cash dividend of $1.86 per share, matching its Q1 2026 payout. This dividend is payable on August 28 to shareholders of record by August 14. The company's stock has shown a positive performance, improving 1.8% over the past year and nearly 30% since 2021.
Western Wealth Management LLC Buys Shares of 6,796 Nexstar Media Group, Inc. $NXST
Western Wealth Management LLC initiated a new position in Nexstar Media Group (NASDAQ:NXST) during the first quarter, purchasing 6,796 shares valued at approximately $1.23 million. Institutional investors hold a significant 95.3% of the company's stock, while company insiders own 7.00%. Analysts maintain a "Moderate Buy" rating for NXST, with an average price target of $259.67.
Glenmede Trust Co. NA Sells 6,116 Shares of Nexstar Media Group, Inc. $NXST
Glenmede Trust Co. NA reduced its stake in Nexstar Media Group by 9.0% in the first quarter, selling 6,116 shares and retaining 61,765 shares valued at approximately $11.2 million. Other institutional investors also adjusted their positions, and insider sales totaled $4.17 million over the past three months. Analysts have a "Moderate Buy" consensus rating with an average price target of $259.67, and Nexstar announced a quarterly dividend of $1.86 per share.
Empowered Funds LLC Has $5.55 Million Stock Holdings in Nexstar Media Group, Inc. $NXST
Empowered Funds LLC significantly increased its stake in Nexstar Media Group (NXST) by 21.5% in the first quarter, now holding 30,687 shares valued at $5.55 million. Institutional investors and hedge funds own 95.3% of the company, which has a market capitalization of $5.82 billion and a high debt-to-equity ratio. Despite recent target price reductions by some analysts, the consensus rating remains a "Moderate Buy" with an average price target of $259.67.
Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share
Nexstar Media Group, Inc. (NASDAQ: NXST) announced that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on August 28, 2026, to shareholders of record on August 14, 2026. The company intends to continue paying regular quarterly cash dividends, subject to quarterly review and Board discretion.
Janus Henderson Group PLC Boosts Holdings in Nexstar Media Group, Inc. $NXST
Janus Henderson Group PLC increased its stake in Nexstar Media Group, Inc. by 1.8% in the first quarter, now owning 643,864 shares valued at $116.4 million. Institutional investors hold 95.3% of NXST, while company insiders have sold 22,813 shares totaling $4.17 million over the past three months. Analysts maintain a "Moderate Buy" rating with an average price target of $259.67, significantly higher than the stock's recent opening price of $190.53.
Press Release: Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share
Nexstar Media Group has declared a quarterly cash dividend of $1.86 per share of its Class A common stock. This dividend is payable on Friday, August 25, 2026, to shareholders of record as of the close of business on Friday, August 11, 2026. This marks a consistent return of capital to its shareholders.
Nexstar Media Group Declares Quarterly Cash Dividend Of $1.86 Per Share
Nexstar Media Group announced a quarterly cash dividend of $1.86 per share. This declaration was reported by Reuters and made available through TradingView News. The full article content is accessible with unlimited access on the TradingView platform.
Nexstar Media Group Declares Quarterly Cash Dividend
Nexstar Media Group announced a quarterly cash dividend of $1.86 per share, payable on August 28, 2026, to shareholders of record as of August 14, 2026. This dividend reflects the company's profitability and commitment to shareholder returns, with plans to continue quarterly dividends subject to board review. Nexstar Media Group is a leading diversified media company producing and distributing news, sports, and entertainment content.
Nexstar sets Aug. 14 cutoff for shareholders to get $1.86
Nexstar Media Group (NASDAQ: NXST) announced a quarterly cash dividend of $1.86 per share, payable on August 28, 2026. Shareholders of record by August 14, 2026, will be eligible for the dividend. The company stated its intention to continue regular quarterly cash dividends, subject to board review and discretion.
