Nexstar Media Group (NXST) Stock Forecast, Price Target & Predictions
NXST Stock Forecast
Nexstar Media Group stock forecast is as follows: an average price target of $204.17 (represents a 22.38% upside from NXST’s last price of $166.83) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
NXST Price Target
NXST Analyst Ratings
Buy
Nexstar Media Group Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 04, 2024 | Curry Baker | Guggenheim | $198.00 | $162.64 | 21.74% | 18.68% |
Aug 26, 2024 | Jason Bazinet | Citigroup | $186.00 | $170.61 | 9.02% | 11.49% |
May 17, 2024 | Bryan Kraft | Deutsche Bank | $207.00 | $171.20 | 20.91% | 24.08% |
May 13, 2024 | Steven Cahalll | Wells Fargo | $221.00 | $174.51 | 26.64% | 32.47% |
Mar 13, 2024 | Barton Crockett | Rosenblatt Securities | $213.00 | $169.35 | 25.78% | 27.67% |
Dec 20, 2023 | Jason Bazinet | Citigroup | $158.00 | $159.54 | -0.97% | -5.29% |
Nov 17, 2023 | Barton Crockett | Rosenblatt Securities | $230.00 | $150.44 | 52.89% | 37.86% |
Nov 13, 2022 | Barrington Barrington | Barrington | $200.00 | $168.23 | 18.88% | 19.88% |
Sep 14, 2022 | Barton Crockett | Rosenblatt Securities | $246.00 | $191.22 | 28.65% | 47.46% |
May 16, 2022 | - | Rosenblatt Securities | $181.00 | $172.12 | 5.16% | 8.49% |
10
Nexstar Media Group Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | 2 | 6 |
Avg Price Target | - | $192.00 | $197.17 |
Last Closing Price | $166.83 | $166.83 | $166.83 |
Upside/Downside | -100.00% | 15.09% | 18.19% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 14, 2024 | Benchmark | Buy | Buy | Hold |
Oct 04, 2024 | Guggenheim | Buy | Buy | Hold |
Aug 26, 2024 | Citigroup | Neutral | Neutral | Hold |
Aug 08, 2024 | Wells Fargo | Buy | Buy | Hold |
Aug 08, 2024 | Raymond James | Underperform | Underperform | Hold |
Jul 23, 2024 | Benchmark | Buy | Buy | Hold |
May 17, 2024 | Deutsche Bank | Buy | Buy | Hold |
May 13, 2024 | Wells Fargo | - | Overweight | Upgrade |
May 10, 2024 | Raymond James | Buy | Buy | Hold |
May 10, 2024 | Dawson James | Underperform | Underperform | Hold |
10
Nexstar Media Group Financial Forecast
Nexstar Media Group Revenue Forecast
Quarter
Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | $1.13B | $1.24B | $1.26B | $1.49B | $1.27B | $1.25B | $1.21B | $1.25B | $1.16B | $1.13B | $1.11B | $1.38B | $1.12B | $914.63M | $1.09B | $1.10B | $663.58M | $649.01M | $626.65M | $615.34M |
Avg Forecast | $1.34B | $1.31B | $1.27B | $1.25B | $1.26B | $1.52B | $1.37B | $1.28B | $1.29B | $1.32B | $1.16B | $1.24B | $1.24B | $1.49B | $1.29B | $1.23B | $1.19B | $1.23B | $1.15B | $1.12B | $1.09B | $1.34B | $1.08B | $906.25M | $1.07B | $1.07B | $643.10M | $652.51M | $640.36M | $651.85M |
High Forecast | $1.38B | $1.35B | $1.31B | $1.29B | $1.30B | $1.62B | $1.37B | $1.28B | $1.29B | $1.34B | $1.16B | $1.28B | $1.28B | $1.54B | $1.29B | $1.23B | $1.19B | $1.23B | $1.15B | $1.12B | $1.09B | $1.34B | $1.08B | $906.25M | $1.07B | $1.07B | $643.10M | $652.51M | $640.36M | $782.22M |
Low Forecast | $1.30B | $1.27B | $1.24B | $1.22B | $1.23B | $1.42B | $1.36B | $1.28B | $1.29B | $1.31B | $1.16B | $1.21B | $1.21B | $1.45B | $1.29B | $1.23B | $1.19B | $1.23B | $1.15B | $1.12B | $1.09B | $1.34B | $1.08B | $906.25M | $1.07B | $1.07B | $643.10M | $652.51M | $640.36M | $521.48M |
# Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 |
Surprise % | - | - | - | - | - | - | - | - | - | - | 0.98% | 1.00% | 1.01% | 1.00% | 0.98% | 1.01% | 1.02% | 1.01% | 1.01% | 1.01% | 1.02% | 1.03% | 1.03% | 1.01% | 1.02% | 1.03% | 1.03% | 0.99% | 0.98% | 0.94% |
Forecast
Nexstar Media Group EBITDA Forecast
Quarter
Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 |
EBITDA | - | - | - | - | - | - | - | - | - | - | $347.00M | $212.00M | $486.00M | $711.50M | $546.30M | $517.60M | $517.70M | $552.80M | $452.76M | $486.35M | $476.73M | $711.16M | $470.97M | $360.27M | $465.74M | $436.01M | $217.12M | $224.39M | $202.83M | $198.43M |
Avg Forecast | $538.69M | $527.07M | $511.50M | $503.75M | $508.00M | $612.26M | $549.84M | $516.64M | $558.55M | $529.59M | $466.84M | $498.51M | $507.77M | $457.29M | $519.19M | $496.29M | $401.40M | $496.68M | $462.25M | $452.17M | $349.69M | $540.42M | $436.00M | $364.68M | $386.47M | $429.73M | $258.79M | $262.57M | $179.20M | $209.56M |
High Forecast | $556.15M | $544.16M | $528.07M | $520.08M | $524.47M | $651.01M | $551.43M | $516.64M | $670.26M | $537.62M | $468.27M | $514.67M | $609.32M | $548.74M | $519.19M | $496.29M | $481.68M | $496.68M | $462.25M | $452.17M | $419.63M | $540.42M | $436.00M | $364.68M | $463.76M | $429.73M | $258.79M | $262.57M | $215.04M | $251.47M |
Low Forecast | $524.64M | $513.32M | $498.15M | $490.61M | $494.75M | $573.51M | $548.25M | $516.64M | $446.84M | $525.58M | $465.41M | $485.50M | $406.22M | $365.83M | $519.19M | $496.29M | $321.12M | $496.68M | $462.25M | $452.17M | $279.75M | $540.42M | $436.00M | $364.68M | $309.17M | $429.73M | $258.79M | $262.57M | $143.36M | $167.65M |
Surprise % | - | - | - | - | - | - | - | - | - | - | 0.74% | 0.43% | 0.96% | 1.56% | 1.05% | 1.04% | 1.29% | 1.11% | 0.98% | 1.08% | 1.36% | 1.32% | 1.08% | 0.99% | 1.21% | 1.01% | 0.84% | 0.85% | 1.13% | 0.95% |
Forecast
Nexstar Media Group Net Income Forecast
Quarter
Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 |
Net Income | - | - | - | - | - | - | - | - | - | - | $25.00M | $96.00M | $88.00M | $203.30M | $288.70M | $227.50M | $251.60M | $262.33M | $169.56M | $200.10M | $200.91M | $364.25M | $190.68M | $99.59M | $156.91M | $113.21M | $-5.85M | $68.00M | $54.89M | $48.12M |
Avg Forecast | $149.98M | $131.80M | $100.15M | $97.49M | $118.63M | $288.17M | $175.58M | $118.25M | $271.35M | $134.55M | $43.59M | $76.24M | $246.68M | $218.38M | $179.51M | $168.05M | $195.00M | $167.47M | $131.41M | $124.02M | $147.37M | $234.64M | $102.27M | $34.95M | $130.21M | $99.53M | $36.82M | $45.98M | $48.50M | $50.82M |
High Forecast | $156.30M | $137.36M | $104.37M | $101.60M | $123.63M | $354.27M | $178.75M | $118.25M | $325.62M | $135.16M | $44.31M | $79.45M | $296.01M | $262.06M | $179.51M | $168.05M | $234.00M | $167.47M | $131.41M | $124.02M | $176.84M | $234.64M | $102.27M | $34.95M | $156.25M | $99.53M | $36.82M | $45.98M | $58.20M | $60.98M |
Low Forecast | $144.89M | $127.33M | $96.75M | $94.18M | $114.60M | $221.80M | $172.40M | $118.25M | $217.08M | $133.94M | $42.87M | $73.65M | $197.34M | $174.70M | $179.51M | $168.05M | $156.00M | $167.47M | $131.41M | $124.02M | $117.90M | $234.64M | $102.27M | $34.95M | $104.16M | $99.53M | $36.82M | $45.98M | $38.80M | $40.66M |
Surprise % | - | - | - | - | - | - | - | - | - | - | 0.57% | 1.26% | 0.36% | 0.93% | 1.61% | 1.35% | 1.29% | 1.57% | 1.29% | 1.61% | 1.36% | 1.55% | 1.86% | 2.85% | 1.21% | 1.14% | -0.16% | 1.48% | 1.13% | 0.95% |
Forecast
Nexstar Media Group SG&A Forecast
Quarter
Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 |
SG&A | - | - | - | - | - | - | - | - | - | - | $229.00M | $262.00M | $218.00M | $277.50M | $208.30M | $216.30M | $201.40M | $280.11M | $258.19M | $242.51M | $243.44M | $273.89M | $226.54M | $193.24M | $218.38M | $260.48M | $183.08M | $144.06M | $142.36M | $141.91M |
Avg Forecast | $248.60M | $243.24M | $236.05M | $232.47M | $234.44M | $282.55M | $253.74M | $238.42M | $267.25M | $244.40M | $215.44M | $230.06M | $242.95M | $231.71M | $239.75M | $229.18M | $192.06M | $229.36M | $213.46M | $208.81M | $178.57M | $249.56M | $201.34M | $168.40M | $181.21M | $198.44M | $119.50M | $121.25M | $125.77M | $149.86M |
High Forecast | $256.66M | $251.12M | $243.70M | $240.01M | $242.03M | $300.43M | $254.48M | $238.42M | $320.70M | $248.10M | $216.10M | $237.51M | $291.54M | $278.05M | $239.75M | $229.18M | $230.47M | $229.36M | $213.46M | $208.81M | $214.28M | $249.56M | $201.34M | $168.40M | $217.45M | $198.44M | $119.50M | $121.25M | $150.93M | $179.83M |
Low Forecast | $242.11M | $236.89M | $229.89M | $226.41M | $228.32M | $264.67M | $253.01M | $238.42M | $213.80M | $242.55M | $214.78M | $224.05M | $194.36M | $185.37M | $239.75M | $229.18M | $153.65M | $229.36M | $213.46M | $208.81M | $142.85M | $249.56M | $201.34M | $168.40M | $144.97M | $198.44M | $119.50M | $121.25M | $100.62M | $119.89M |
Surprise % | - | - | - | - | - | - | - | - | - | - | 1.06% | 1.14% | 0.90% | 1.20% | 0.87% | 0.94% | 1.05% | 1.22% | 1.21% | 1.16% | 1.36% | 1.10% | 1.13% | 1.15% | 1.21% | 1.31% | 1.53% | 1.19% | 1.13% | 0.95% |
Forecast
Nexstar Media Group EPS Forecast
Quarter
Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Mar 18 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 3 | 3 | 6 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 9 | 9 | 9 | 9 | 5 | 5 | 5 | 5 | 12 |
EPS | - | - | - | - | - | - | - | - | - | - | $0.71 | $2.68 | $2.40 | $5.42 | $7.45 | $5.66 | $6.15 | $6.40 | $4.07 | $4.70 | $4.64 | $8.32 | $4.24 | $2.20 | $3.43 | $2.46 | $-0.13 | $1.48 | $1.20 | $1.04 |
Avg Forecast | $4.62 | $4.06 | $3.09 | $3.01 | $3.66 | $8.88 | $5.41 | $3.65 | $3.97 | $4.15 | $1.34 | $2.35 | $2.56 | $8.26 | $5.39 | $5.05 | $4.89 | $5.03 | $3.95 | $3.73 | $3.54 | $7.05 | $3.07 | $1.05 | $2.88 | $2.99 | $1.11 | $1.38 | $1.01 | $1.13 |
High Forecast | $4.82 | $4.23 | $3.22 | $3.13 | $3.81 | $10.92 | $5.51 | $3.65 | $3.97 | $4.17 | $1.37 | $2.45 | $2.66 | $8.61 | $5.39 | $5.05 | $4.89 | $5.03 | $3.95 | $3.73 | $3.54 | $7.05 | $3.07 | $1.05 | $2.88 | $2.99 | $1.11 | $1.38 | $1.01 | $1.36 |
Low Forecast | $4.47 | $3.93 | $2.98 | $2.90 | $3.53 | $6.84 | $5.31 | $3.65 | $3.97 | $4.13 | $1.32 | $2.27 | $2.47 | $7.98 | $5.39 | $5.05 | $4.89 | $5.03 | $3.95 | $3.73 | $3.54 | $7.05 | $3.07 | $1.05 | $2.88 | $2.99 | $1.11 | $1.38 | $1.01 | $0.90 |
Surprise % | - | - | - | - | - | - | - | - | - | - | 0.53% | 1.14% | 0.94% | 0.66% | 1.38% | 1.12% | 1.26% | 1.27% | 1.03% | 1.26% | 1.31% | 1.18% | 1.38% | 2.10% | 1.19% | 0.82% | -0.12% | 1.07% | 1.19% | 0.92% |
Forecast
Nexstar Media Group Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
AMCX | AMC Networks | $9.57 | $20.25 | 111.60% | Sell |
SBGI | Sinclair Broadcast Group | $16.50 | $25.74 | 56.00% | Buy |
LGF-A | Lions Gate Entertainment | $7.93 | $11.75 | 48.17% | Buy |
MSGS | Madison Square Garden Sports | $224.30 | $277.00 | 23.50% | Buy |
NXST | Nexstar Media Group | $166.83 | $204.17 | 22.38% | Buy |
MCS | Marcus | $21.69 | $26.00 | 19.87% | Buy |
FWONA | Formula One Group | $77.00 | $83.00 | 7.79% | Buy |