Nexstar Media Group (NXST) Expected to Post Earnings on Thursday

Nexstar Media Group (NASDAQ:NXST) is expected to be announcing its Q2 2026 results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $5.98 per share and revenue of $1.9709 billion for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Nexstar Media Group Trading Up 1.0%

Shares of NXST opened at $192.49 on Tuesday. The firm has a market cap of $5.88 billion, a price-to-earnings ratio of 41.31, a PEG ratio of 0.51 and a beta of 0.91. The company has a debt-to-equity ratio of 5.53, a quick ratio of 1.76 and a current ratio of 1.76. Nexstar Media Group has a 52-week low of $154.47 and a 52-week high of $254.30. The business’s fifty day moving average is $178.70 and its 200-day moving average is $201.44.

Nexstar Media Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 14th will be issued a dividend of $1.86 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a $7.44 annualized dividend and a dividend yield of 3.9%. Nexstar Media Group’s payout ratio is 159.66%.

Insider Activity at Nexstar Media Group

In other news, insider Dana Zimmer sold 915 shares of Nexstar Media Group stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $176.42, for a total transaction of $161,424.30. Following the transaction, the insider owned 5,738 shares in the company, valued at approximately $1,012,297.96. The trade was a 13.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Michael Biard sold 1,227 shares of the business’s stock in a transaction on Friday, June 12th. The stock was sold at an average price of $174.21, for a total transaction of $213,755.67. Following the completion of the sale, the chief operating officer directly owned 17,105 shares in the company, valued at approximately $2,979,862.05. This represents a 6.69% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 22,813 shares of company stock valued at $4,174,731 in the last quarter. Insiders own 7.00% of the company’s stock.

Institutional Investors Weigh In On Nexstar Media Group

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Dimensional Fund Advisors LP boosted its holdings in Nexstar Media Group by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,402,272 shares of the company’s stock valued at $284,738,000 after acquiring an additional 10,949 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in shares of Nexstar Media Group by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,181,727 shares of the company’s stock worth $239,950,000 after purchasing an additional 23,360 shares during the period. Alliancebernstein L.P. boosted its stake in shares of Nexstar Media Group by 27.1% in 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 last quarter. Janus Henderson Group PLC increased its position in shares of Nexstar Media Group by 6.8% during the fourth quarter. Janus Henderson Group PLC now owns 632,387 shares of the company’s stock worth $128,408,000 after buying an additional 40,177 shares during the period. Finally, AQR Capital Management LLC raised its stake in Nexstar Media Group by 118.1% during the second quarter. AQR Capital Management LLC now owns 543,612 shares of the company’s stock worth $93,795,000 after buying an additional 294,308 shares during the last quarter. Institutional investors and hedge funds own 95.30% of the company’s stock.

Analyst Ratings Changes

NXST has been the subject of several research reports. Wall Street Zen downgraded shares of Nexstar Media Group from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Benchmark lowered their price target on shares of Nexstar Media Group from $300.00 to $250.00 and set a “buy” rating for the company in a report on Monday, April 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nexstar Media Group in a research note on Wednesday, May 27th. Barrington Research reiterated an “outperform” rating and issued a $290.00 price target on shares of Nexstar Media Group in a research note on Tuesday, April 28th. Finally, Zacks Research lowered Nexstar Media Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $259.67.

About Nexstar Media Group

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.