NXST RSI Chart
Last 7 days
8.3%
Last 30 days
5.3%
Last 90 days
9.4%
Trailing 12 Months
12.2%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 5.0B | 0 | 0 | 0 |
2023 | 5.3B | 5.3B | 5.1B | 4.9B |
2022 | 4.7B | 4.9B | 5.0B | 5.2B |
2021 | 4.5B | 4.7B | 4.8B | 4.6B |
2020 | 2.8B | 3.0B | 3.5B | 4.5B |
2019 | 2.8B | 2.8B | 2.7B | 2.3B |
2018 | 2.5B | 2.5B | 2.6B | 2.8B |
2017 | 1.4B | 1.8B | 2.1B | 2.4B |
2016 | 950.3M | 992.9M | 1.0B | 1.1B |
2015 | 699.2M | 771.6M | 836.9M | 896.4M |
2014 | 524.0M | 544.7M | 576.6M | 631.3M |
2013 | 407.2M | 444.5M | 480.4M | 502.3M |
2012 | 320.2M | 333.5M | 348.7M | 378.6M |
2011 | 314.7M | 315.6M | 317.3M | 306.5M |
2010 | 0 | 272.4M | 292.9M | 313.4M |
2009 | 0 | 0 | 0 | 252.0M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Apr 15, 2024 | alford andrew | acquired | 159,870 | 159 | 1,000 | president, broadcasting |
Apr 15, 2024 | alford andrew | sold (taxes) | -39,008 | 159 | -244 | president, broadcasting |
Apr 10, 2024 | armstrong d geoffrey | acquired | 101,844 | 162 | 625 | - |
Apr 10, 2024 | pompadur martin | acquired | 101,844 | 162 | 625 | - |
Apr 10, 2024 | weitman gary | acquired | 407,375 | 162 | 2,500 | see remarks |
Apr 10, 2024 | zimmer dana | sold (taxes) | -157,573 | 162 | -967 | president, distribution |
Apr 10, 2024 | weitman gary | sold (taxes) | -99,236 | 162 | -609 | see remarks |
Apr 10, 2024 | zimmer dana | acquired | 407,375 | 162 | 2,500 | president, distribution |
Apr 10, 2024 | mcmillen charles thomas | acquired | 101,844 | 162 | 625 | - |
Apr 10, 2024 | grossman jay m. | acquired | 101,844 | 162 | 625 | - |
Which funds bought or sold NXST recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 10, 2024 | JPMORGAN CHASE & CO | reduced | -14.94 | -6,812,320 | 97,933,500 | 0.01% |
May 10, 2024 | CIBC Private Wealth Group, LLC | reduced | -5.72 | 17,425 | 765,280 | -% |
May 10, 2024 | GROUP ONE TRADING, L.P. | reduced | -37.23 | -93,995 | 209,160 | -% |
May 10, 2024 | BlackRock Inc. | reduced | -0.56 | 43,487,800 | 511,167,000 | 0.01% |
May 10, 2024 | Mitsubishi UFJ Trust & Banking Corp | added | 88.33 | 412,244 | 807,097 | -% |
May 10, 2024 | OSAIC HOLDINGS, INC. | reduced | -79.44 | -3,170,240 | 924,821 | -% |
May 10, 2024 | PNC Financial Services Group, Inc. | added | 2.96 | 2,860,080 | 24,584,100 | 0.02% |
May 10, 2024 | DIMENSIONAL FUND ADVISORS LP | reduced | -3.8 | 11,804,500 | 217,800,000 | 0.06% |
May 10, 2024 | PRESCOTT GROUP CAPITAL MANAGEMENT, L.L.C. | unchanged | - | 198,000 | 2,197,000 | 0.35% |
May 10, 2024 | TD Waterhouse Canada Inc. | new | - | 2,854 | 2,854 | -% |
Unveiling Nexstar Media Group Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Nexstar Media Group Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
NFLX | 263.8B | 34.9B | 40.99 | 7.55 | ||||
DIS | 192.9B | 89.2B | 113.79 | 2.16 | ||||
LYV | 22.5B | 23.4B | 43.21 | 0.96 | ||||
SIRI | 11.8B | 9.0B | 9.12 | 1.31 | ||||
MID-CAP | ||||||||
ROKU | 8.7B | 3.6B | -15.28 | 2.39 | ||||
PARA | 8.6B | 30.1B | -194.42 | 0.28 | ||||
EDR | 7.9B | 6.2B | 22.26 | 1.28 | ||||
NXST | 5.8B | 5.0B | 14.25 | 1.18 | ||||
MSGS | 4.5B | 926.8M | 189.12 | 4.9 | ||||
PLAY | 2.2B | 2.2B | 16.96 | 0.98 | ||||
CNK | 2.1B | 3.0B | 5.74 | 0.68 | ||||
SMALL-CAP | ||||||||
AMC | 901.5M | 4.8B | -2.78 | 0.19 | ||||
AMCX | 605.1M | 2.6B | 3.84 | 0.23 | ||||
CSSE | 8.0M | 294.4M | -0.01 | 0.03 |
Nexstar Media Group Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -1.5% | 1,284 | 1,304 | 1,132 | 1,240 | 1,257 | 1,487 | 1,269 | 1,245 | 1,210 | 1,246 | 1,157 | 1,132 | 1,114 | 1,377 | 1,118 | 915 | 1,092 | 369 | 664 | 649 | 627 |
Costs and Expenses | -6.0% | 1,009 | 1,073 | 1,038 | 1,061 | 1,053 | 1,194 | 913 | 911 | 881 | 921 | 880 | 843 | 829 | 846 | 775 | 718 | 787 | 164 | 542 | 499 | 500 |
Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 499 | 500 |
S&GA Expenses | -5.7% | 271 | 288 | 281 | 262 | 266 | 328 | 260 | 266 | 248 | 280 | 258 | 243 | 243 | 274 | 227 | 193 | 218 | 260 | 183 | 144 | 142 |
EBITDA Margin | 3.0% | 0.19* | 0.18* | 0.20* | 0.25* | 0.27* | 0.30* | 0.38* | 0.35* | 0.33* | 0.30* | - | - | - | - | - | - | - | - | - | - | - |
Interest Expenses | 1.3% | -114 | -115 | -113 | -111 | -107 | -103 | -89.00 | -76.00 | -69.00 | -70.40 | -70.40 | -70.10 | -72.10 | -74.50 | -77.26 | -82.25 | -101 | -106 | -93.20 | -51.36 | -52.96 |
Income Taxes | 27.1% | 61.00 | 48.00 | 6.00 | 35.00 | 42.00 | 68.00 | 82.00 | 72.00 | 52.00 | 67.00 | 66.00 | 71.00 | 60.00 | 130 | 65.00 | 37.00 | 64.00 | 54.00 | 40.00 | 27.00 | 16.00 |
Earnings Before Taxes | 55.1% | 228 | 147 | 14.00 | 110 | 130 | 245 | 370 | 298 | 304 | 329 | 235 | 271 | 259 | 492 | 254 | 136 | 222 | 168 | 34.00 | 97.00 | 73.00 |
EBT Margin | 23.8% | 0.10* | 0.08* | 0.10* | 0.16* | 0.20* | 0.23* | 0.26* | 0.24* | 0.24* | 0.24* | - | - | - | - | - | - | - | - | - | - | - |
Net Income | 53.5% | 175 | 114 | 25.00 | 96.00 | 111 | 203 | 289 | 227 | 252 | 263 | 170 | 200 | 201 | 364 | 191 | 100 | 157 | 65.00 | -5.85 | 68.00 | 55.00 |
Net Income Margin | 17.9% | 0.08* | 0.07* | 0.09* | 0.13* | 0.16* | 0.19* | 0.21* | 0.19* | 0.19* | 0.18* | - | - | - | - | - | - | - | - | - | - | - |
Free Cashflow | 58.9% | 232 | 146 | 102 | 144 | 458 | 161 | 339 | 256 | 490 | 287 | - | - | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -1.1% | 11,945 | 12,078 | 12,047 | 12,310 | 12,464 | 12,679 | 13,098 | 12,916 | 13,091 | 13,265 | 13,283 | 13,288 | 13,348 | 13,404 | 13,291 | 13,540 | 13,575 | 13,990 | 14,103 | 7,032 | 13,990 |
Current Assets | 1.9% | 1,494 | 1,466 | 1,340 | 1,573 | 1,698 | 1,615 | 1,666 | 1,455 | 1,482 | 1,413 | 1,312 | 1,393 | 1,376 | 1,210 | 1,341 | 1,543 | 1,514 | 1,352 | 1,436 | 776 | 744 |
Cash Equivalents | 75.6% | 237 | 135 | 150 | 346 | 413 | 204 | 363 | 292 | 342 | 207 | 210 | 330 | 356 | 169 | 427 | 681 | 451 | 249 | 334 | 80.00 | 129 |
Net PPE | -0.4% | 1,264 | 1,269 | 1,279 | 1,267 | 1,256 | 1,262 | 1,491 | 1,493 | 1,502 | 1,513 | 1,586 | 1,592 | 1,601 | 1,605 | 1,598 | 1,581 | 1,547 | 1,290 | 1,257 | 749 | 740 |
Goodwill | 0% | 2,946 | 2,946 | 2,965 | 2,961 | 2,961 | 2,961 | 3,052 | 3,052 | 3,052 | 3,052 | 3,052 | 2,983 | 2,983 | 2,961 | 2,861 | 2,881 | 4.00 | 2,997 | 896 | 2,166 | 2,997 |
Liabilities | -1.7% | 9,599 | 9,765 | 9,701 | 9,747 | 9,811 | 9,910 | 10,150 | 10,046 | 10,169 | 10,407 | 10,650 | 10,662 | 10,757 | 10,867 | 11,036 | 11,338 | 11,459 | 11,936 | 12,153 | 5,073 | 5,198 |
Current Liabilities | -13.5% | 831 | 961 | 852 | 836 | 864 | 893 | 915 | 746 | 734 | 787 | 711 | 639 | 730 | 731 | 672 | 822 | 916 | 948 | 1,094 | 494 | 430 |
Long Term Debt | -0.4% | 6,686 | 6,713 | 6,742 | 6,771 | 6,799 | 6,827 | 7,053 | 7,110 | 7,205 | 7,368 | 7,506 | 7,586 | 7,567 | 7,647 | 7,860 | 7,978 | 7,991 | 8,383 | 8,393 | 3,690 | 3,797 |
LT Debt, Current | 0% | 124 | 124 | 124 | 124 | 124 | 124 | 124 | 124 | 55.00 | 47.00 | 41.00 | 34.00 | 25.00 | 21.00 | 23.00 | 60.00 | 56.00 | 109 | 143 | 95.00 | 96.00 |
LT Debt, Non Current | -100.0% | - | 6,713 | 6,742 | 6,771 | 6,799 | 6,827 | 7,053 | 7,110 | 7,205 | 7,368 | 7,506 | 7,586 | 7,567 | 7,647 | 7,860 | 7,978 | 7,991 | 8,383 | 8,393 | 3,690 | 3,797 |
Shareholder's Equity | 2.0% | 2,346 | 2,299 | 2,332 | 2,563 | 2,653 | 2,741 | 2,948 | 2,869 | 2,921 | 2,857 | 2,633 | 2,625 | 2,591 | 2,537 | 2,255 | 2,202 | 2,116 | 2,054 | 1,950 | 1,958 | 1,899 |
Retained Earnings | 3.7% | 3,306 | 3,188 | 3,120 | 3,142 | 3,094 | 3,033 | 2,864 | 2,610 | 2,419 | 2,204 | 1,964 | 1,824 | 1,659 | 1,488 | 1,150 | 984 | 910 | 779 | 675 | 702 | 655 |
Additional Paid-In Capital | 0.5% | 1,290 | 1,283 | 1,269 | 1,263 | 1,275 | 1,288 | 1,271 | 1,258 | 1,269 | 1,311 | 1,335 | 1,327 | 1,334 | 1,363 | 1,351 | 1,341 | 1,334 | 1,354 | 1,347 | 1,337 | 1,333 |
Shares Outstanding | -1.7% | 33.00 | 34.00 | 34.00 | 35.00 | 36.00 | 37.00 | 40.00 | 40.00 | 41.00 | 42.00 | 42.00 | 43.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 78.6% | 25.00 | 14.00 | 14.00 | 20.00 | 29.00 | 28.00 | 22.00 | -0.60 | 6.00 | 7.00 | 15.00 | 15.00 | 17.00 | 18.00 | 20.00 | 21.00 | - | 22.00 | - | - | - |
Float | - | - | - | - | 5,587 | - | - | - | 6,144 | - | - | - | 6,000,194 | - | - | - | 3,645 | - | - | - | 4,502 | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 51.6% | 276 | 182 | 138 | 185 | 494 | 218 | 376 | 290 | 519 | 333 | 286 | 147 | 448 | 377 | 160 | 302 | 415 | 101 | 80.00 | 112 | 125 |
Share Based Compensation | 12.5% | 18.00 | 16.00 | 17.00 | 13.00 | 14.00 | 19.00 | 17.00 | 13.00 | 13.00 | 13.00 | 12.00 | 10.00 | 12.00 | 12.00 | 12.00 | 13.00 | 11.00 | 10.00 | 11.00 | 10.00 | 8.00 |
Cashflow From Investing | 88.9% | -4.00 | -36.00 | -64.00 | -37.00 | -36.00 | 136 | 4.00 | 7.00 | -22.00 | -38.20 | -150 | -20.30 | -22.80 | -300 | -61.49 | -29.18 | 351 | -120 | -4,545 | -23.10 | -13.75 |
Cashflow From Financing | -11.7% | -182 | -163 | -270 | -215 | -251 | -497 | -309 | -347 | -362 | -298 | -254 | -153 | -238 | -333 | -353 | -42.44 | -564 | -66.83 | 4,720 | -137 | -127 |
Dividend Payments | 23.9% | 57.00 | 46.00 | 47.00 | 48.00 | 50.00 | 34.00 | 35.00 | 36.00 | 37.00 | 29.00 | 29.00 | 30.00 | 30.00 | 25.00 | 25.00 | 25.00 | 26.00 | 21.00 | 21.00 | 21.00 | 21.00 |
Buy Backs | - | 111 | - | 194 | 139 | 176 | 260 | 215 | 248 | 158 | 134 | 144 | 138 | 121 | 84.00 | 125 | - | 73.00 | - | - | - | - |
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenues [Abstract] | |||
Net revenue | $ 4,933 | $ 5,211 | $ 4,648 |
Operating expenses (income): | |||
Direct operating, excluding depreciation and amortization | 2,153 | 2,005 | 1,862 |
Selling, general and administrative, excluding depreciation and amortization | 1,096 | 1,102 | 1,024 |
Depreciation and amortization | 941 | 662 | 589 |
Goodwill and long-lived asset impairments | 35 | 133 | 23 |
Spectrum repack reimbursements | (3) | (20) | |
Other | (5) | ||
Total operating expenses | 4,225 | 3,899 | 3,473 |
Income from operations | 708 | 1,312 | 1,175 |
Gain on bargain purchase | 56 | ||
Income from equity method investments, net | 104 | 153 | 125 |
Interest expense, net | (447) | (337) | (283) |
Loss on extinguishment of debt | (3) | (3) | |
Pension and other postretirement plans credit, net | 36 | 43 | 81 |
Other expenses, net | (7) | (2) | |
Income before income taxes | 401 | 1,217 | 1,093 |
Income tax expense | (131) | (274) | (263) |
Net income | 270 | 943 | 830 |
Net loss attributable to noncontrolling interests | 76 | 28 | 4 |
Net income attributable to Nexstar Media Group, Inc. | $ 346 | $ 971 | $ 834 |
Net income per common share attributable to Nexstar Media Group, Inc.: | |||
Basic | $ 9.78 | $ 24.68 | $ 19.81 |
Diluted | $ 9.64 | $ 24.16 | $ 18.98 |
Weighted average number of common shares outstanding: | |||
Basic (in thousands) | 35,317 | 39,349 | 42,133 |
Diluted (in thousands) | 35,834 | 40,187 | 43,982 |
Net income | $ 270 | $ 943 | $ 830 |
Other comprehensive income (loss): | |||
Change in unrecognized amounts included in pension and other postretirement benefit obligations, net of tax benefit (expense) of $9 in 2023, $39 in 2022, and ($37) in 2021 | (26) | (114) | 107 |
Total comprehensive income | 244 | 829 | 937 |
Total comprehensive loss attributable to noncontrolling interests | 76 | 28 | 4 |
Total comprehensive income attributable to Nexstar Media Group, Inc. | $ 320 | $ 857 | $ 941 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 | ||
---|---|---|---|---|
Current assets: | ||||
Cash and cash equivalents | $ 135 | $ 204 | ||
Restricted cash and cash equivalents | 12 | 16 | ||
Accounts receivable, net of allowance for credit losses of $20 and $18, respectively | 1,095 | 1,080 | ||
Broadcast rights | 136 | 194 | ||
Prepaid expenses and other current assets | 88 | 121 | ||
Total current assets | 1,466 | 1,615 | ||
Property and equipment, net | 1,269 | 1,262 | ||
Goodwill | 2,946 | 2,961 | ||
FCC licenses | 2,929 | 2,910 | ||
Intangible assets, net | 2,124 | 2,434 | ||
Investments | 958 | 1,119 | ||
Other noncurrent assets, net | 386 | 378 | ||
Total assets | [1] | 12,078 | 12,679 | |
Current liabilities: | ||||
Current portion of debt | 124 | 124 | ||
Accounts payable | 235 | 198 | ||
Broadcast rights payable | 136 | 151 | ||
Accrued expenses | 350 | 319 | ||
Operating lease liabilities | 47 | 50 | ||
Other current liabilities | 69 | 51 | ||
Total current liabilities | 961 | 893 | ||
Debt | 6,713 | 6,827 | ||
Deferred tax liabilities | 1,520 | 1,606 | ||
Other noncurrent liabilities | 571 | 584 | ||
Total liabilities | [1] | 9,765 | 9,910 | |
Commitments and contingencies (Note 16) | ||||
Stockholders' equity: | ||||
Preferred stock - $0.01 par value, 200,000 shares authorized; none issued and outstanding at each of December 31, 2023 and December 31, 2022 | ||||
Common stock - $0.01 par value, 100,000,000 shares authorized; 47,282,823 shares issued, 33,600,926 shares outstanding as of December 31, 2023 and 47,282,823 shares issued, 36,810,186 shares outstanding as of December 31, 2022 | ||||
Additional paid-in capital | 1,283 | 1,288 | ||
Accumulated other comprehensive income | 1 | 27 | ||
Retained earnings | 3,188 | 3,033 | ||
Treasury stock - at cost; 13,681,897 and 10,472,637 shares as of December 31, 2023 and December 31, 2022, respectively | (2,173) | (1,607) | ||
Total Nexstar Media Group, Inc. stockholders’ equity | 2,299 | 2,741 | ||
Noncontrolling interests | 14 | 28 | ||
Total stockholders' equity | 2,313 | 2,769 | ||
Total liabilities and stockholders’ equity | 12,078 | 12,679 | ||
Network affiliation agreements [Member] | ||||
Current assets: | ||||
Intangible assets, net | 1,683 | 1,871 | ||
Other Intangible Assets [Member] | ||||
Current assets: | ||||
Intangible assets, net | $ 441 | $ 563 | ||
|
 | Mr. Perry A. Sook |
---|---|
 | nexstar.tv |
 | Entertainment |
 | 11666 |