Nexstar Media Group (NXST) Projected to Post Quarterly Earnings on Thursday

Nexstar Media Group (NASDAQ:NXST) is expected to announce its Q1 2026 results before the market opens on Thursday, May 7th. Analysts expect the company to announce earnings of $4.40 per share and revenue of $1.2641 billion for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 10:00 AM ET.

Nexstar Media Group Price Performance

Shares of NASDAQ:NXST traded down $0.26 on Tuesday, hitting $198.94. The stock had a trading volume of 51,175 shares, compared to its average volume of 387,059. Nexstar Media Group has a twelve month low of $152.22 and a twelve month high of $254.30. The company has a debt-to-equity ratio of 3.05, a quick ratio of 2.07 and a current ratio of 2.07. The firm’s 50 day moving average price is $215.57 and its 200-day moving average price is $207.85. The company has a market capitalization of $6.03 billion, a price-to-earnings ratio of 67.59, a price-to-earnings-growth ratio of 0.80 and a beta of 0.97.

Nexstar Media Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 15th will be issued a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Friday, May 15th. Nexstar Media Group’s dividend payout ratio (DPR) is currently 253.06%.

Analysts Set New Price Targets

Several equities analysts have issued reports on NXST shares. Wells Fargo & Company lifted their price objective on Nexstar Media Group from $250.00 to $290.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Deutsche Bank Aktiengesellschaft lifted their price objective on Nexstar Media Group from $250.00 to $270.00 and gave the company a “buy” rating in a research report on Monday, March 23rd. Guggenheim upped their price target on shares of Nexstar Media Group from $250.00 to $290.00 and gave the stock a “buy” rating in a research report on Friday, February 27th. Citigroup upgraded shares of Nexstar Media Group from a “neutral” rating to a “buy” rating and reduced their price target for the stock from $252.00 to $220.00 in a research report on Friday, April 10th. Finally, Barrington Research reiterated an “outperform” rating and set a $290.00 price target on shares of Nexstar Media Group in a research report on Tuesday, April 28th. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Nexstar Media Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $268.33.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in NXST. AQR Capital Management LLC lifted its position in Nexstar Media Group by 118.1% during the 2nd quarter. AQR Capital Management LLC now owns 543,612 shares of the company’s stock valued at $93,795,000 after purchasing an additional 294,308 shares during the period. Alliancebernstein L.P. lifted its position in Nexstar Media Group by 27.1% during the 2nd quarter. Alliancebernstein L.P. now owns 882,322 shares of the company’s stock valued at $152,598,000 after purchasing an additional 187,864 shares during the period. Millennium Management LLC lifted its position in Nexstar Media Group by 104.2% during the 4th quarter. Millennium Management LLC now owns 319,376 shares of the company’s stock valued at $64,849,000 after purchasing an additional 162,963 shares during the period. JPMorgan Chase & Co. lifted its position in Nexstar Media Group by 42.0% during the 4th quarter. JPMorgan Chase & Co. now owns 530,964 shares of the company’s stock valued at $107,812,000 after purchasing an additional 156,937 shares during the period. Finally, Walleye Capital LLC acquired a new position in Nexstar Media Group during the 4th quarter valued at about $23,665,000. 95.30% of the stock is currently owned by institutional investors and hedge funds.

Nexstar Media Group Company Profile

Nexstar Media Group, Inc is a diversified American media company engaged primarily in the ownership, operation and strategic affiliation of local television stations, digital platforms and cable networks. The company provides a range of broadcast content, including local news, sports coverage, entertainment programming and syndicated shows, reaching audiences in more than 100 television markets across the United States.

Founded in 1996 by entrepreneur Perry Sook and headquartered in Irving, Texas, Nexstar has built its presence through organic growth and a series of high-profile acquisitions.