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

Nexstar Media Group (NASDAQ:NXST) will likely be posting its Q3 2026 results before the market opens on Thursday, November 5th. Analysts expect the company to post earnings of $8.08 per share and revenue of $2.07 billion for the quarter. Parties can check 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 data 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). The business had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $1.97 billion. Nexstar Media Group had a return on equity of 24.02% and a net margin of 3.20%. Nexstar Media Group’s quarterly revenue was up 62.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.06 earnings per share. 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 Stock Performance

NASDAQ:NXST opened at $178.56 on Wednesday. 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 stock’s 50-day simple moving average is $167.63 and its 200 day simple moving average is $192.17. The firm has a market capitalization of $5.50 billion, a PE ratio of 34.27 and a beta of 0.97.

Nexstar Media Group Announces Dividend

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 paid a dividend of $1.86 per share. The ex-dividend date of this dividend is Friday, November 13th. This represents a $7.44 annualized dividend and a yield of 4.2%. Nexstar Media Group’s payout ratio is presently 142.80%.

Insider Transactions at Nexstar Media Group

In other Nexstar Media Group news, insider Dana Zimmer sold 4,008 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $187.46, for a total value of $751,339.68. Following the completion of the transaction, the insider directly owned 1,792 shares in the company, valued at approximately $335,928.32. This trade represents a 69.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Bernadette Aulestia sold 300 shares of the stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $186.80, for a total value of $56,040.00. Following the completion of the transaction, the director owned 4,383 shares of the company’s stock, valued at $818,744.40. This represents a 6.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 9,596 shares of company stock worth $1,733,169 in the last 90 days. 7.00% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on NXST shares. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Nexstar Media Group from $255.00 to $240.00 and set a “buy” rating on the stock in a research note on Monday, August 10th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nexstar Media Group in a report on Monday, August 24th. Zacks Research cut shares of Nexstar Media Group from a “hold” rating to a “strong sell” rating in a research report on Monday, August 10th. 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. Finally, Wells Fargo & Company cut their target price on shares of Nexstar Media Group from $253.00 to $249.00 and set an “overweight” rating on the stock in a research report on Friday, August 7th. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average 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.