Nexstar Media Group (NXST) 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 post earnings of $5.98 per share and revenue of $1.9709 billion for the quarter. Interested persons can check the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:00 AM ET.

Nexstar Media Group Price Performance

Shares of NASDAQ:NXST opened at $196.94 on Thursday. Nexstar Media Group has a 52 week low of $154.47 and a 52 week high of $254.30. The company has a 50-day moving average price of $178.52 and a 200 day moving average price of $201.79. The company has a market cap of $6.01 billion, a P/E ratio of 42.26, a PEG ratio of 0.52 and a beta of 0.91. The company has a quick ratio of 1.76, a current ratio of 1.76 and a debt-to-equity ratio of 5.53.

Wall Street Analyst Weigh In

NXST has been the subject of a number of analyst reports. Citigroup raised Nexstar Media Group from a “neutral” rating to a “buy” rating and cut their target price for the stock from $252.00 to $220.00 in a research note on Friday, April 10th. Barrington Research restated an “outperform” rating and issued a $290.00 price target on shares of Nexstar Media Group in a research note on Tuesday, April 28th. Deutsche Bank Aktiengesellschaft dropped their price objective on Nexstar Media Group from $270.00 to $255.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Wells Fargo & Company reduced their target price on Nexstar Media Group from $290.00 to $253.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, Zacks Research lowered shares of Nexstar Media Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, July 10th. Six equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $259.67.

Insider Activity at Nexstar Media Group

In other news, insider Dana Zimmer sold 876 shares of the business’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $170.81, for a total transaction of $149,629.56. Following the sale, the insider owned 5,800 shares of the company’s stock, valued at $990,698. The trade was a 13.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Brett Jenkins sold 301 shares of the company’s stock in a transaction that occurred on Tuesday, June 16th. The stock was sold at an average price of $170.81, for a total value of $51,413.81. Following the completion of the sale, the insider owned 28,798 shares in the company, valued at approximately $4,918,986.38. This represents a 1.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders sold 22,813 shares of company stock worth $4,174,731. 7.00% of the stock is currently owned by company insiders.

Institutional Trading of Nexstar Media Group

Large investors have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new position in shares of Nexstar Media Group in the third quarter valued at $28,000. State of Wyoming purchased a new stake in shares of Nexstar Media Group in the 2nd quarter worth about $54,000. Danske Bank A S purchased a new stake in shares of Nexstar Media Group in the 3rd quarter worth about $59,000. CIBC Private Wealth Group LLC grew its stake in Nexstar Media Group by 216.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 392 shares of the company’s stock valued at $78,000 after acquiring an additional 268 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in Nexstar Media Group by 15.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 589 shares of the company’s stock valued at $102,000 after acquiring an additional 80 shares during the last quarter. Institutional investors and hedge funds own 95.30% of the company’s stock.

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.