What is Barrington Research's Estimate for NXST Q1 Earnings?

Nexstar Media Group, Inc. (NASDAQ:NXST - Free Report) - Equities research analysts at Barrington Research lowered their Q1 2025 earnings estimates for shares of Nexstar Media Group in a report issued on Wednesday, March 5th. Barrington Research analyst P. Sholl now anticipates that the company will post earnings per share of $2.73 for the quarter, down from their prior estimate of $3.81. Barrington Research currently has a "Outperform" rating and a $200.00 price target on the stock. The consensus estimate for Nexstar Media Group's current full-year earnings is $21.62 per share. Barrington Research also issued estimates for Nexstar Media Group's Q2 2025 earnings at $2.80 EPS, Q3 2025 earnings at $2.28 EPS, FY2025 earnings at $11.52 EPS and FY2027 earnings at $11.32 EPS.

Nexstar Media Group (NASDAQ:NXST - Get Free Report) last released its earnings results on Thursday, February 27th. The company reported $7.56 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $9.22 by ($1.66). The business had revenue of $1.49 billion for the quarter, compared to analyst estimates of $1.48 billion. Nexstar Media Group had a return on equity of 26.03% and a net margin of 11.39%.

A number of other equities analysts also recently commented on NXST. Benchmark boosted their target price on shares of Nexstar Media Group from $200.00 to $225.00 and gave the stock a "buy" rating in a research note on Friday, February 28th. Guggenheim increased their price objective on Nexstar Media Group from $210.00 to $220.00 and gave the company a "buy" rating in a report on Friday, February 28th. StockNews.com cut Nexstar Media Group from a "buy" rating to a "hold" rating in a research note on Monday, March 3rd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $200.00 price target on shares of Nexstar Media Group in a report on Monday. Finally, Loop Capital raised shares of Nexstar Media Group from a "hold" rating to a "buy" rating and raised their price objective for the stock from $190.00 to $200.00 in a report on Friday, February 28th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $208.43.

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Nexstar Media Group Stock Up 0.8 %

NASDAQ NXST traded up $1.33 on Monday, hitting $169.88. 596,683 shares of the stock were exchanged, compared to its average volume of 404,553. Nexstar Media Group has a fifty-two week low of $146.04 and a fifty-two week high of $191.86. The company has a 50-day moving average price of $157.63 and a 200-day moving average price of $163.83. The company has a quick ratio of 1.68, a current ratio of 1.68 and a debt-to-equity ratio of 2.98. The company has a market cap of $5.18 billion, a PE ratio of 9.83, a PEG ratio of 0.45 and a beta of 1.47.

Nexstar Media Group Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 26th. Investors of record on Wednesday, February 12th were issued a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a yield of 4.38%. The ex-dividend date of this dividend was Wednesday, February 12th. This is a positive change from Nexstar Media Group's previous quarterly dividend of $1.69. Nexstar Media Group's dividend payout ratio is currently 34.56%.

Insiders Place Their Bets

In other news, insider Gary Weitman sold 1,241 shares of the stock in a transaction dated Friday, March 7th. The shares were sold at an average price of $177.21, for a total value of $219,917.61. Following the completion of the transaction, the insider now owns 3,975 shares in the company, valued at $704,409.75. This trade represents a 23.79 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Perry A. Sook sold 35,205 shares of the business's stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $162.13, for a total transaction of $5,707,786.65. Following the sale, the chief executive officer now directly owns 674,694 shares in the company, valued at approximately $109,388,138.22. This represents a 4.96 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 161,455 shares of company stock worth $26,158,403. 6.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Nexstar Media Group

Several hedge funds and other institutional investors have recently bought and sold shares of the company. QRG Capital Management Inc. boosted its position in shares of Nexstar Media Group by 7.6% in the 3rd quarter. QRG Capital Management Inc. now owns 4,532 shares of the company's stock worth $749,000 after buying an additional 322 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in Nexstar Media Group in the 3rd quarter valued at $44,000. CWA Asset Management Group LLC purchased a new position in Nexstar Media Group during the third quarter worth about $312,000. Verdence Capital Advisors LLC acquired a new stake in shares of Nexstar Media Group in the third quarter worth approximately $1,342,000. Finally, Crossmark Global Holdings Inc. lifted its stake in shares of Nexstar Media Group by 24.7% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 2,391 shares of the company's stock valued at $396,000 after purchasing an additional 474 shares in the last quarter. 95.30% of the stock is owned by institutional investors and hedge funds.

Nexstar Media Group Company Profile

Nexstar Media Group, Inc operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.