NXST Nexstar Media Group Inc.

Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

Date	Price Target	Rating	Analyst
2/28/2025	$200.00	Hold → Buy	Loop Capital
11/8/2024	$200.00 → $190.00	Buy → Hold	Loop Capital
5/13/2024	$190.00 → $221.00	Equal Weight → Overweight	Wells Fargo
12/8/2023	$158.00	Neutral	Citigroup
11/9/2022	$227.00 → $175.00	Overweight → Equal Weight	Wells Fargo
9/6/2022	$181.00 → $246.00	Neutral → Buy	Rosenblatt
4/19/2022	$180.00	Neutral	Rosenblatt
3/2/2022	$187.00 → $216.00	Buy	Deutsche Bank
2/23/2022	$200.00 → $225.00	Buy	Benchmark
11/3/2021	$173.00 → $186.00	Overweight	Wells Fargo

Nexstar Media Group Inc.

Peers

Recent Analyst Ratings for Nexstar Media Group Inc.

Nexstar Media Group Inc. Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Officer Weitman Gary converted options into 1,314 shares and sold $84,277 worth of shares (510 units at $165.25), increasing direct ownership by 11% to 8,229 units (SEC Form 4)

EVP, Operations Russell Blake converted options into 1,314 shares and sold $83,782 worth of shares (507 units at $165.25), increasing direct ownership by 3% to 24,826 units (SEC Form 4)

Officer Jenkins Brett converted options into 1,314 shares and sold $100,802 worth of shares (610 units at $165.25), increasing direct ownership by 3% to 25,616 units (SEC Form 4)

EVP General Counsel Morgan Rachel converted options into 1,314 shares and sold $54,367 worth of shares (329 units at $165.25), increasing direct ownership by 87% to 2,122 units (SEC Form 4)

Officer Zimmer Dana converted options into 1,874 shares and sold $146,907 worth of shares (889 units at $165.25), increasing direct ownership by 19% to 6,201 units (SEC Form 4)

President, Networks Compton Sean converted options into 1,874 shares and sold $140,462 worth of shares (850 units at $165.25), increasing direct ownership by 7% to 15,272 units (SEC Form 4)

President, Broadcasting Alford Andrew sold $125,094 worth of shares (757 units at $165.25) and converted options into 1,874 shares, increasing direct ownership by 12% to 10,528 units (SEC Form 4)

EVP, Chief Financial Officer Gliha Lee Ann converted options into 1,874 shares and sold $125,094 worth of shares (757 units at $165.25), increasing direct ownership by 10% to 12,826 units (SEC Form 4)

Officer Weitman Gary sold $54,356 worth of shares (325 units at $167.25) and converted options into 1,312 shares, increasing direct ownership by 15% to 7,425 units (SEC Form 4)

EVP, Operations Russell Blake converted options into 1,312 shares and sold $54,523 worth of shares (326 units at $167.25), increasing direct ownership by 4% to 24,019 units (SEC Form 4)

Nexstar Media Group Inc. Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

Nexstar upgraded by Loop Capital with a new price target

Nexstar downgraded by Loop Capital with a new price target

Nexstar upgraded by Wells Fargo with a new price target

Citigroup initiated coverage on Nexstar with a new price target

Nexstar downgraded by Wells Fargo with a new price target

Nexstar upgraded by Rosenblatt with a new price target

Rosenblatt initiated coverage on Nexstar with a new price target

Deutsche Bank reiterated coverage on Nexstar Media Group with a new price target

Benchmark reiterated coverage on Nexstar Media Group with a new price target

Wells Fargo reiterated coverage on Nexstar Media Group with a new price target