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Nexstar Media Group (NXST)

(Delayed Data from NSDQ)

$158.92 USD

158.92
250,869

-2.06 (-1.28%)

Updated Apr 26, 2024 03:59 PM ET

After-Market: $158.55 -0.37 (-0.23%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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5-Strong Sell of 5         5

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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B Value F Growth A Momentum C VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 10% (226 out of 252)

Industry: Broadcast Radio and Television

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Balance Sheet

Research for NXST

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Nexstar Media Group, Inc falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 147 220 206 169 249
Receivables 1,095 1,079 1,021 905 884
Notes Receivable 0 0 0 0 0
Inventories 0 0 0 0 0
Other Current Assets 224 315 185 136 219
Total Current Assets 1,466 1,615 1,413 1,210 1,352
Net Property & Equipment 1,269 1,262 1,512 1,605 1,290
Investments & Advances 958 1,119 1,219 1,334 1,477
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 0 0 0 0 0
Intangibles 7,999 8,305 8,679 8,833 9,178
Deposits & Other Assets 386 378 441 423 692
Total Assets 12,078 12,679 13,264 13,404 13,990
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 235 198 248 218 157
Current Portion Long-Term Debt 124 124 47 21 109
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 350 320 316 307 543
Income Taxes Payable 0 0 0 0 0
Other Current Liabilities 205 202 133 184 138
Total Current Liabilities 961 893 787 731 948
Mortgages 0 0 0 0 0
Deferred Taxes/Income 1,520 1,606 1,729 1,674 1,711
Convertible Debt 0 0 0 0 0
Long-Term Debt 6,713 6,827 7,368 7,647 8,383
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 571 584 523 816 895
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 9,765 9,910 10,407 10,867 11,936
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 0 1 0 0 0
Capital Surplus 1,283 1,288 1,311 1,363 1,354
Retained Earnings 3,188 3,033 2,204 1,488 779
Other Equity 15 55 149 53 42
Treasury Stock 2,173 1,607 807 367 121
Total Shareholder's Equity 2,313 2,769 2,857 2,537 2,053
Total Liabilities & Shareholder's Equity 12,078 12,679 13,264 13,404 13,990
Total Common Equity 2,313 2,769 2,857 2,537 2,053
Shares Outstanding 33.90 37.70 40.80 44.00 46.10
Book Value Per Share 68.23 73.46 70.04 57.66 44.54

Fiscal Year End for Nexstar Media Group, Inc falls in the month of December.

All items in Millions except Per Share data.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 147 164 360 427
Receivables NA 1,095 891 944 1,008
Notes Receivable NA 0 0 0 0
Inventories NA 0 0 0 0
Other Current Assets NA 224 285 269 263
Total Current Assets NA 1,466 1,340 1,573 1,698
Net Property & Equipment NA 1,269 1,279 1,267 1,256
Investments & Advances NA 958 946 927 919
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 0 0 0 0
Intangibles NA 7,999 8,106 8,158 8,232
Deposits & Other Assets NA 386 376 385 359
Total Assets NA 12,078 12,047 12,310 12,464
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA 0 0 0 0
Accounts Payable NA 235 142 127 207
Current Portion Long-Term Debt NA 124 124 124 124
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses NA 350 322 333 305
Income Taxes Payable NA 0 0 0 0
Other Current Liabilities NA 205 216 203 178
Total Current Liabilities NA 961 852 836 864
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 1,520 1,569 1,586 1,593
Convertible Debt NA 0 0 0 0
Long-Term Debt NA 6,713 6,742 6,771 6,799
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities NA 538 554 555
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities NA 9,765 9,701 9,747 9,811
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA 0 0 0 0
Common Stock (Par) NA 0 0 0 0
Capital Surplus NA 1,283 1,269 1,263 1,275
Retained Earnings NA 3,188 3,120 3,142 3,094
Other Equity NA 15 41 47 56
Treasury Stock NA 2,173 2,084 1,889 1,772
Total Shareholder's Equity NA 2,313 2,346 2,563 2,653
Total Liabilities & Shareholder's Equity NA 12,078 12,047 12,310 12,464
Total Common Equity 0 2,313 2,346 2,563 2,653
Shares Outstanding 33.40 33.90 35.00 35.80 35.90
Book Value Per Share 0.00 68.23 67.03 71.59 73.90