Nexstar Media Group, Inc. (NXST)

Over the past six months, Nexstar Media Group's stock has seen an upward trend, increasing by 11.38%, and is up 27.95% over the past year. Key events impacting the stock price include the Q3 2025 earnings report, which showed weaker-than-expected quarterly results, a dividend declaration of $1.86 per share, progress on the TEGNA acquisition, and analyst ratings from Guggenheim and Wells Fargo maintaining "Buy" or "Overweight" ratings.

Demand for Nexstar Media Group's products and services exhibits seasonality, particularly in its advertising revenue. Political advertising is a significant revenue driver, especially during election cycles. The company noted that the substantial decline in advertising revenue in Q3 2025 was primarily due to the absence of the levels of political advertising seen in the 2024 election year.

Nexstar Media Group, Inc. is a diversified media company in the United States, primarily engaged in television broadcasting and digital media. The company operates within the media sector, specifically the television broadcasting industry. Its core business involves owning, operating, programming, or providing services to a vast portfolio of local television stations affiliated with major networks. Nexstar produces over 316,000 hours of programming annually. Major products and services include television broadcasting, national networks, and digital media.

Nexstar Media Group operates 197 to over 200 owned or partner stations across 116 U.S. markets in 40 states and the District of Columbia, reaching approximately 70% of U.S. television households. Its corporate headquarters are located in Irving, Texas, with additional operational headquarters in Midtown Manhattan and Chicago.

Specific events directly impacting Nexstar Media Group's brand reputation in the past year are not explicitly detailed. However, the weaker-than-expected third-quarter 2025 financial results could indirectly influence advertiser and investor perception. The ongoing process of the TEGNA acquisition and its regulatory scrutiny could also be a factor in public and industry perception. Nexstar emphasizes its commitment to localism, delivering local news, sports, and entertainment, and producing high-quality programming and fact-based journalism as core values.

Nexstar Media Group's ownership is predominantly institutional, with major institutional shareholders including BlackRock, Inc., Vanguard Group Inc., and Dimensional Fund Advisors Lp. Perry A. Sook, the founder, chairman, and CEO, is the largest individual shareholder, owning 26.18% of the company's shares.