Television Broadcasting Stations · SIC 4833

NEXSTAR MEDIA GROUP, INC.

NXST

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Latest revenue

$1.40B

as of 2026-03-31

Latest net income

$164.0M

as of 2026-03-31

Net margin

11.7%

as of 2026-03-31

Price · 5Y

+7.9% / yr 5.9 pts / yr vs S&P 500 46.1% total
Compare:

Live market

delayed ≤15 min
$188.67
0.40%
Market cap
$5.76B
Enterprise value
$5.76B
P/E (trailing)
52.9×
Forward P/E
P/B
Dividend yield
3.9%
52-wk high
$254.30
52-wk low
$164.00
Beta
Shares out
30.5M

5-year trend

What this company does

AI

Item 1. Business Company Overview We are a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across our television and digital platforms, including more than 317,000 hours of programming produced annually by our business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with over 200 owned or partner stations in 116 U.S. markets in 40 states and the District of Columbia reaching over 225 million people. Nexstar’s national television properties include an 80.8% interest in The CW Network, LLC (“The CW”), the fifth major broadcast network in the U.S.,…

AI summary unavailable — showing raw filing excerpt

Generated from NXST's filing dated 2026-02-27

Key risks

AI

Item 1A. Risk Factors You should carefully consider the risks described below and all of the information contained in this document. The risks and uncertainties described below are not the only risks and uncertainties that the Company faces. Additional risks and uncertainties not presently known to the Company or that the Company currently deems immaterial may also impair the Company’s business operations. If any of those risks occur, the Company’s business, financial condition and results of operations could suffer. The risks discussed below also include forward-looking statements, and the Company’s actual results may differ substantially from those discussed in these forward-looking…

AI summary unavailable — showing raw filing excerpt

Generated from NXST's filing dated 2026-02-27

Profitability

Operating margin

17.2%

26.8%

Net margin

2.2%

83.5%

Return on equity

5.3%

83.5%

Return on assets

1.0%

84.0%

Leverage

Debt / equity

4.25×

4.3%

Long-term debt / equity

3.01×

6.3%

Debt / assets

81.0%

0.8%

Earnings tracker

QuarterRevenueYoYNet incomeYoYNet margin

Q1 2026

2026-03-31

$1.40B+13.1%$164.0M+51.9%11.7%

Q4 2025

2025-12-31

$1.29B-13.4%$-166.0M-168.6%-12.9%

Q3 2025

2025-09-30

$1.20B-12.3%$70.0M-62.6%5.8%

Q2 2025

2025-06-30

$1.23B-3.2%$97.0M-17.8%7.9%

Q1 2025

2025-03-31

$1.23B-3.9%$108.0M-38.3%8.8%

Q4 2024

2024-12-31

$1.49B$242.0M16.3%

Q3 2024

2024-09-30

$1.37B+20.7%$187.0M+648.0%13.7%

Q2 2024

2024-06-30

$1.27B+2.3%$118.0M+22.9%9.3%

Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.

Industry trend

Television Broadcasting Stations · SIC 4833

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Insider activity

Insider buying

$0

Insider selling

$9.2M

Net activity

−$9.2M

Distinct insiders

13

Open-market trades over the last 365 days.

Recent transactions

DateInsiderTypeSharesPriceValue
2026-05-19

Sean Compton

President, Networks

Sale5,000$196.00$980.0K
2026-05-18

Dan Lanzano

President, National Advertising Sales

Sale237$196.37$46.5K
2026-03-27

Royce A. Wells

Director

Sale825$212.76$175.5K
2026-03-27

Robert S. Weaver

EVP, Government Relations

Sale1,872$213.25$399.2K
2026-03-27

Gary Weitman

EVP, Chief Communications Officer

Sale1,005$212.49$213.6K
2026-03-27

MUSE JOHN R

Director

Sale1,500$219.63$329.4K
2026-03-27

Rachel Morgan

EVP General Counsel

Sale3,127$213.72$668.3K
2026-03-25

Robert S. Weaver

EVP, Government Relations

Sale1,101$218.53$240.6K
2026-03-25

Gary Weitman

EVP, Chief Communications Officer

Sale333$218.53$72.8K
2026-03-25

Blake Russell

EVP, Operations

Sale333$218.53$72.8K
2026-03-25

Rachel Morgan

EVP General Counsel

Sale333$218.53$72.8K
2026-03-25

Brett Jenkins

EVP, Chief Technology & Digital Officer

Sale414$218.53$90.5K
2026-03-25

Dan Lanzano

President, National Advertising Sales

Sale138$218.53$30.2K
2026-03-25

Dana Zimmer

President, Distribution & Strategy

Sale839$218.53$183.3K
2026-03-25

Sean Compton

President, Networks

Sale804$218.53$175.7K
2026-03-25

Andrew Alford

President, Broadcasting

Sale623$218.53$136.1K
2026-03-25

Lee Ann Gliha

EVP, Chief Financial Officer

Sale1,337$218.53$292.2K
2026-03-25

Michael Biard

President & COO

Sale1,802$218.53$393.8K
2026-03-24

Gary Weitman

EVP, Chief Communications Officer

Sale3,527$226.00$797.1K
2026-03-24

Dana Zimmer

President, Distribution & Strategy

Sale4,409$225.50$994.2K

Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.

Who owns NXST

Institutional value

$2.55B

Total shares held

15.4M

Distinct holders

338

+34 vs prior

As of

2026-03-31

Prior: 2025-12-31

Filers with $100M+ AUM disclose holdings 45 days after quarter end.

Top institutional holders

#ManagerSharesValueQoQ changeAction
1BlackRock, Inc.3.2M$581.9M+35.4K (+1.1%)Added
2VANGUARD PORTFOLIO MANAGEMENT LLC1.4M$259.2MNew
3DIMENSIONAL FUND ADVISORS LP1.4M$251.1M-13.8K (-1.0%)Trimmed
4VANGUARD CAPITAL MANAGEMENT LLC1.3M$232.5MNew
5JPMORGAN CHASE & CO535.8K$99.2M+4.9K (+0.9%)Added
6PRINCIPAL FINANCIAL GROUP INC488.7K$88.4MNew
7UBS Group AG469.4K$84.9MNew
8Allianz Asset Management GmbH454.1K$82.1M+95.4K (+26.6%)Added
9Bank of New York Mellon Corp347.7K$62.9M-571 (-0.2%)Trimmed
10Invesco Ltd.254.1K$45.9M+51.6K (+25.5%)Added
11AMERICAN FINANCIAL GROUP INC227.5K$41.1M+0 (+0.0%)No change
12Copeland Capital Management, LLC213.0K$38.5MNew
13VANGUARD FIDUCIARY TRUST CO177.6K$32.1MNew
14BRUNI J V & CO /CO176.3K$31.9M-5.3K (-2.9%)Trimmed
15HENNESSY ADVISORS INC173.5K$31.4MNew
16NEW YORK STATE COMMON RETIREMENT FUND168.2K$30.4M+2.6K (+1.6%)Added
17Walleye Capital LLC166.3K$30.1M+49.8K (+42.7%)Added
18VALLEY WEALTH MANAGERS, INC.132.0K$23.9MNew
19SEI INVESTMENTS CO111.3K$20.1M+11.5K (+11.5%)Added
20PNC Financial Services Group, Inc.106.0K$19.2M-2.1K (-1.9%)Trimmed

Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.

Top questions investors are asking

Coming once NXST's latest filing finishes processing.