Stock analysis, trade plans, and proprietary indicators by Trend Edge.
About Nexstar Broadcasting Group Inc
Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to power television and radio stations; and provides television programming services. Read full Trend Edge analysis →
Sector: Communication Services
Industry: Broadcasting
Exchange: NASDAQ
IPO Date: November 24, 2003
Headquarters: 545 East John Carpenter Freeway, Irving, TX, United States, 75062
Founder-Led: Yes — Perry A. Sook (Chairman/Chief Executive Officer)
Key Metrics
Current Price
$185.12
Market Cap
$5.78B
Float
28.4M
Shares Outstanding
30.5M
P/E (Forward)
5.40
P/E (TTM)
40.13
Price/Sales (TTM)
1.13
vs. Analyst Target
+35.9% to analyst PT
Profit Margin
3.23%
Operating Margin (TTM)
22.21%
Revenue (TTM)
$5.11B
Earnings Growth (YoY)
51.00%
Dividend Rate
7.4%
Analyst Target Price
$251.63 (10 analysts)
Financial History
Annual Revenue & Earnings History
Year
Revenue
Net Income
Gross Profit
EBITDA
2020
$4.50B
$812M
$2.78B
$2.00B
2021
$4.65B
$834M
$2.79B
$1.97B
2022
$5.21B
$971M
$3.21B
$2.22B
2023
$4.93B
$346M
$2.81B
$1.79B
2024
$5.41B
$722M
$3.19B
$2.21B
2025
$4.95B
$109M
$1.93B
$1.31B
Recent Quarterly Revenue & Net Income
Quarter
Revenue
Net Income
Jun 2025
$1.23B
$97.0M
Sep 2025
$1.20B
$70.0M
Dec 2025
$1.29B
-$166M
Mar 2026
$1.40B
$164M
Ownership & Float
Insider Ownership
6.7%
Institutional Ownership
101.7%
Short Float
5.2%
% of All Funds Holding
5.75%
Number of Funds Holding
473
Current Moving Averages
Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.
Timeframe
SMA
Value
Trend Context
Weekly
10-Week SMA
$195.63
Near-term / short-term trend
Weekly
40-Week SMA
$205.22
Medium-term trend
Weekly
80-Week SMA
$186.78
Cyclical trend (business cycle)
Weekly
200-Week SMA
$175.79
Secular trend (multi-year)
Monthly
10-Month SMA
$203.07
Near-term monthly trend
Monthly
20-Month SMA
$185.84
Medium-term monthly trend
Monthly
40-Month SMA
$175.67
Secular monthly trend
Volume Shelves — Support & Resistance
Trend Edge identifies volume shelves: price zones where historically elevated trading volume
creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative
volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.
Price Level
Type
Volume Ratio
Age
$182.00
support
1.13x
0 months ago
$248.00
resistance
1.41x
1 months ago
$150.00
support
1.24x
11 months ago
Historical Earnings Reactions (90 events)
Timeframe
Avg Return
Median
Win Rate
Best
Worst
Gap
0.28%
0.00%
48.89%
17.80%
-6.72%
1 Day
-0.47%
-0.15%
46.67%
11.56%
-13.56%
1 Week
0.27%
0.46%
53.33%
23.48%
-48.31%
2 Weeks
1.47%
1.26%
53.33%
95.00%
-40.68%
1 Month
3.02%
1.92%
53.93%
129.29%
-44.92%
Next earnings: July 26, 2026 (59 days away)
Seasonality & Day-of-Week Patterns
Monthly Seasonality
Month
Avg Return
Win Rate
Samples
Jan
4.4%
56.5%
23
Feb
4.1%
43.5%
23
Mar
-0.6%
56.5%
23
Apr
5.2%
60.9%
23
May
1.8%
59.1%
22
Jun
-1.4%
54.5%
22
Jul
0.5%
63.6%
22
Aug
10.7%
50.0%
22
Sep
2.1%
54.5%
22
Oct
-3.9%
36.4%
22
Nov
5.0%
59.1%
22
Dec
4.4%
73.9%
23
Day-of-Week Tendencies
Day
Avg Return
Win Rate
Samples
Monday
-0.03%
49.1%
1059
Tuesday
0.17%
49.5%
1163
Wednesday
0.24%
49.3%
1163
Thursday
0.09%
50.6%
1138
Friday
0.10%
50.5%
1135
Top Institutional Holders
Institutional holder breakdown coming soon.
Total institutional ownership: 101.7%
Insider Transactions — Smart Summary
Total insider ownership: 6.7%
Founder-led management: Perry A. Sook (Chairman/Chief Executive Officer)
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(NXST) powered by Claude Opus — Anthropic's most capable AI model.
The analysis covers five layers:
technical analysis (near-term, medium-term, cyclical, and secular trend, momentum,
volume shelf support and resistance, breakout and breakdown signals),
qualitative analysis (business model, competitive moat, sector dynamics),
insider sentiment (buy and sell signals from executive and director transactions),
share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and
fundamental analysis (valuation, revenue growth, profit margin, earnings quality).
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