Nexstar Media Group (NXST) Set to Release Quarterly Earnings on Thursday

Nexstar Media Group (NASDAQ:NXST) will likely be issuing its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect Nexstar Media Group to announce earnings of $8.08 per share and revenue of $2.07 billion for the quarter. Investors are encouraged to explore the company’s upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Thursday, November 5, 2026 at 10:00 AM ET.

Nexstar Media Group (NASDAQ:NXST) last announced its quarterly earnings results on Thursday, August 6th. The company reported $3.61 earnings per share for the quarter, missing the consensus estimate of $5.98 by ($2.37). Nexstar Media Group had a net margin of 3.20% and a return on equity of 24.02%. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.97 billion. During the same period last year, the business earned $3.06 EPS. Nexstar Media Group’s revenue was up 62.2% on a year-over-year basis. On average, analysts expect Nexstar Media Group to post $32.88 EPS for the current fiscal year and $18.60 EPS for the next fiscal year.

Nexstar Media Group Price Performance

Shares of NASDAQ NXST opened at $177.54 on Tuesday. The firm has a market cap of $5.47 billion, a P/E ratio of 34.08 and a beta of 0.94. Nexstar Media Group has a twelve month low of $153.17 and a twelve month high of $254.30. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 5.09. The company has a 50 day moving average of $167.79 and a 200 day moving average of $192.34.

Nexstar Media Group Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Friday, November 13th will be issued a $1.86 dividend. The ex-dividend date of this dividend is Friday, November 13th. This represents a $7.44 dividend on an annualized basis and a dividend yield of 4.2%. Nexstar Media Group’s dividend payout ratio (DPR) is presently 142.80%.

Insiders Place Their Bets

In other news, insider Andrew Alford sold 2,823 shares of Nexstar Media Group stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of $165.69, for a total transaction of $467,742.87. Following the sale, the insider owned 11,726 shares in the company, valued at $1,942,880.94. This trade represents a 19.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Dana Zimmer sold 4,008 shares of the business’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $187.46, for a total transaction of $751,339.68. Following the completion of the transaction, the insider directly owned 1,792 shares in the company, valued at $335,928.32. This trade represents a 69.10% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 9,596 shares of company stock valued at $1,733,169. 7.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft lowered their price target on Nexstar Media Group from $255.00 to $240.00 and set a “buy” rating on the stock in a report on Monday, August 10th. Wells Fargo & Company reduced their price objective on Nexstar Media Group from $253.00 to $249.00 and set an “overweight” rating for the company in a report on Friday, August 7th. Zacks Research lowered Nexstar Media Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. Wall Street Zen cut Nexstar Media Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Nexstar Media Group in a report on Monday, August 24th. Six investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Nexstar Media Group has a consensus rating of “Moderate Buy” and a consensus price target of $256.50.

Nexstar Media Group Company Profile

Nexstar Media Group, Inc is a television broadcasting and digital media company headquartered in Irving, Texas. The company operates local television stations across the United States, with stations affiliated with major networks including ABC, NBC, CBS, FOX, The CW and MyNetworkTV. Its local media operations provide news, weather, sports, entertainment and other programming to audiences in markets nationwide.

Nexstar also owns and operates national media properties, including NewsNation, a cable and streaming news network, and The Hill, a political news and information platform.