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Communication Services - Entertainment - NASDAQ - US
$ 161.84
-1.61 %
$ 5.02 B
Market Cap
9.39
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one NXST stock under the base case scenario is HIDDEN Compared to the current market price of 162 USD, Nexstar Media Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart NXST

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FINANCIALS
4.93 B REVENUE
-5.33%
708 M OPERATING INCOME
-46.04%
346 M NET INCOME
-63.33%
999 M OPERATING CASH FLOW
-28.80%
-173 M INVESTING CASH FLOW
-138.18%
-899 M FINANCING CASH FLOW
40.66%
1.37 B REVENUE
7.64%
335 M OPERATING INCOME
39.58%
160 M NET INCOME
35.59%
387 M OPERATING CASH FLOW
119.89%
-48 M INVESTING CASH FLOW
-37.14%
-304 M FINANCING CASH FLOW
-31.03%
Balance Sheet Decomposition Nexstar Media Group, Inc.
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Current Assets 1.47 B
Cash & Short-Term Investments 147 M
Receivables 1.1 B
Other Current Assets 224 M
Non-Current Assets 10.6 B
Long-Term Investments 958 M
PP&E 1.56 B
Other Non-Current Assets 8.1 B
Current Liabilities 961 M
Accounts Payable 235 M
Short-Term Debt 218 M
Other Current Liabilities 508 M
Non-Current Liabilities 8.8 B
Long-Term Debt 6.96 B
Other Non-Current Liabilities 1.84 B
EFFICIENCY
Earnings Waterfall Nexstar Media Group, Inc.
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Revenue 4.93 B
Cost Of Revenue 2.15 B
Gross Profit 2.78 B
Operating Expenses 2.1 B
Operating Income 708 M
Other Expenses 362 M
Net Income 346 M
RATIOS
56.36% GROSS MARGIN
56.36%
14.35% OPERATING MARGIN
14.35%
7.01% NET MARGIN
7.01%
15.05% ROE
15.05%
2.86% ROA
2.86%
5.19% ROIC
5.19%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Nexstar Media Group, Inc.
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Net Income 346 M
Depreciation & Amortization 941 M
Capital Expenditures -149 M
Stock-Based Compensation 60 M
Change in Working Capital 10 M
Others -290 M
Free Cash Flow 850 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Nexstar Media Group, Inc.
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Wall Street analysts predict an average 1-year price target for NXST of $197 , with forecasts ranging from a low of $158 to a high of $221 .
NXST Lowest Price Target Wall Street Target
158 USD -2.37%
NXST Average Price Target Wall Street Target
197 USD 21.83%
NXST Highest Price Target Wall Street Target
221 USD 36.55%
4. DIVIDEND ANALYSIS
1.04% DIVIDEND YIELD
1.69 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Nexstar Media Group, Inc.
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Sold
0-3 MONTHS
9.37 M USD 10
3-6 MONTHS
3.83 M USD 10
6-9 MONTHS
8.75 M USD 7
9-12 MONTHS
6.06 M USD 4
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 07, 2024
Sell 2.33 M USD
SOOK PERRY A
Chief Executive Officer
- 12239
190.2834 USD
1 month ago
Sep 26, 2024
Sell 1.2 M USD
WEITMAN GARY
See Remarks
- 7261
164.8 USD
1 month ago
Sep 26, 2024
Sell 41.1 K USD
McMillen Charles Thomas
Director
- 250
164.4446 USD
1 month ago
Sep 24, 2024
Sell 533 K USD
ALFORD ANDREW
President, Broadcasting
- 3175
167.825 USD
1 month ago
Sep 19, 2024
Sell 473 K USD
Russell Blake
EVP, Operations
- 2782
169.92 USD
1 month ago
Sep 18, 2024
Sell 1.71 M USD
Grossman Jay M.
Director
- 10000
170.7 USD
2 months ago
Sep 17, 2024
Sell 336 K USD
Russell Blake
EVP, Operations
- 2000
168.04 USD
2 months ago
Sep 16, 2024
Sell 333 K USD
ARMSTRONG D GEOFFREY
Director
- 2000
166.385 USD
2 months ago
Sep 10, 2024
Sell 160 K USD
McMillen Charles Thomas
Director
- 1000
160 USD
2 months ago
Aug 27, 2024
Sell 1.06 M USD
Morgan Rachel
EVP General Counsel
- 6196
171.3 USD
2 months ago
Aug 26, 2024
Sell 605 K USD
ARMSTRONG D GEOFFREY
Director
- 3505
172.531 USD
2 months ago
Aug 22, 2024
Sell 416 K USD
Biard Michael
President & COO
- 2458
169.282 USD
2 months ago
Aug 21, 2024
Sell 180 K USD
Strober Michael
EVP, Chief Revenue Officer
- 1076
167.5 USD
3 months ago
Aug 16, 2024
Sell 631 K USD
COMPTON SEAN
President, Networks
- 3930
160.61 USD
3 months ago
Aug 14, 2024
Sell 155 K USD
Gliha Lee Ann
EVP, Chief Financial Officer
- 984
157.633 USD
5 months ago
Jun 17, 2024
Sell 77.8 K USD
WEITMAN GARY
See Remarks
- 522
149.0752 USD
5 months ago
Jun 17, 2024
Sell 78 K USD
Russell Blake
EVP, Operations
- 523
149.0752 USD
5 months ago
Jun 17, 2024
Sell 48.3 K USD
Morgan Rachel
EVP General Counsel
- 324
149.0752 USD
5 months ago
Jun 17, 2024
Sell 89.9 K USD
Jenkins Brett
See Remarks
- 603
149.0752 USD
5 months ago
Jun 17, 2024
Sell 131 K USD
ZIMMER DANA
See Remarks
- 879
149.0752 USD
5 months ago
Jun 17, 2024
Sell 125 K USD
COMPTON SEAN
President, Networks
- 840
149.0752 USD
5 months ago
Jun 17, 2024
Sell 111 K USD
ALFORD ANDREW
President, Broadcasting
- 746
149.0752 USD
5 months ago
Jun 17, 2024
Sell 111 K USD
Gliha Lee Ann
EVP, Chief Financial Officer
- 747
149.0752 USD
5 months ago
Jun 13, 2024
Sell 229 K USD
McMillen Charles Thomas
Director
- 1475
154.99 USD
5 months ago
Jun 05, 2024
Sell 231 K USD
McMillen Charles Thomas
Director
- 1475
156.87 USD
5 months ago
Jun 04, 2024
Sell 58.4 K USD
MUSE JOHN R
Director
- 365
160 USD
5 months ago
Jun 04, 2024
Sell 84.5 K USD
WEITMAN GARY
See Remarks
- 528
160 USD
5 months ago
Jun 04, 2024
Sell 84.5 K USD
Russell Blake
EVP, Operations
- 528
160 USD
5 months ago
Jun 04, 2024
Sell 97.3 K USD
Jenkins Brett
See Remarks
- 608
160 USD
5 months ago
Jun 04, 2024
Sell 142 K USD
ZIMMER DANA
See Remarks
- 887
160 USD
5 months ago
Jun 04, 2024
Sell 136 K USD
COMPTON SEAN
President, Networks
- 849
160 USD
5 months ago
Jun 04, 2024
Sell 121 K USD
ALFORD ANDREW
President, Broadcasting
- 755
160 USD
5 months ago
Jun 04, 2024
Sell 52.2 K USD
Gliha Lee Ann
EVP, Chief Financial Officer
- 326
160 USD
5 months ago
May 21, 2024
Sell 245 K USD
McMillen Charles Thomas
Director
- 1475
166.081 USD
5 months ago
May 20, 2024
Sell 72.3 K USD
WEITMAN GARY
See Remarks
- 432
167.4314 USD
5 months ago
May 20, 2024
Sell 72.5 K USD
Russell Blake
EVP, Operations
- 433
167.4314 USD
5 months ago
May 20, 2024
Sell 90.1 K USD
Jenkins Brett
See Remarks
- 538
167.4314 USD
5 months ago
May 20, 2024
Sell 196 K USD
ZIMMER DANA
President, Distribution
- 1173
167.4314 USD
5 months ago
May 20, 2024
Sell 167 K USD
ALFORD ANDREW
President, Broadcasting
- 998
167.4314 USD
5 months ago
May 20, 2024
Sell 188 K USD
COMPTON SEAN
President, Networks
- 1123
167.4314 USD
7 months ago
Mar 27, 2024
Sell 171 K USD
FITZSIMONS DENNIS J
Director
- 1000
170.8197 USD
7 months ago
Mar 27, 2024
Sell 171 K USD
FITZSIMONS DENNIS J
Director
- 1000
170.8252 USD
7 months ago
Mar 21, 2024
Sell 167 K USD
Strober Michael
EVP, Chief Revenue Officer
- 1000
167.493 USD
7 months ago
Mar 21, 2024
Sell 533 K USD
McNabb Lisbeth
Director
- 3175
168 USD
7 months ago
Mar 20, 2024
Sell 412 K USD
McNabb Lisbeth
Director
- 2500
165 USD
8 months ago
Mar 19, 2024
Sell 295 K USD
McNabb Lisbeth
Director
- 1800
163.615 USD
8 months ago
Mar 13, 2024
Sell 245 K USD
McMillen Charles Thomas
Director
- 1475
165.9981 USD
8 months ago
Mar 07, 2024
Sell 852 K USD
ZIMMER DANA
President, Distribution
- 5245
162.495 USD
8 months ago
Mar 06, 2024
Sell 380 K USD
McNabb Lisbeth
Director
- 2300
165 USD
8 months ago
Mar 07, 2024
Sell 488 K USD
COMPTON SEAN
President, Networks
- 3000
162.61 USD
8 months ago
Mar 05, 2024
Sell 5.04 M USD
SOOK PERRY A
Chief Executive Officer
- 31758
158.6556 USD
10 months ago
Dec 26, 2023
Sell 192 K USD
Carter Thomas
Senior Advisor
- 1234
155.894 USD
10 months ago
Dec 26, 2023
Sell 820 K USD
Russell Blake
EVP, Station Operations
- 5243
156.42 USD
10 months ago
Dec 22, 2023
Sell 288 K USD
Carter Thomas
Senior Advisor
- 1814
158.9556 USD
10 months ago
Dec 21, 2023
Sell 307 K USD
Carter Thomas
Senior Advisor
- 1951
157.2311 USD
10 months ago
Dec 22, 2023
Sell 159 K USD
McMillen Charles Thomas
Director
- 1000
158.9546 USD
10 months ago
Dec 20, 2023
Sell 570 K USD
ARMSTRONG D GEOFFREY
Director
- 3625
157.1265 USD
11 months ago
Dec 18, 2023
Sell 491 K USD
Carter Thomas
Senior Advisor
- 3100
158.5408 USD
11 months ago
Dec 14, 2023
Sell 967 K USD
Carter Thomas
Senior Advisor
- 6000
161.1473 USD
11 months ago
Dec 04, 2023
Sell 1.28 M USD
Carter Thomas
Senior Advisor
- 8500
150.4533 USD
11 months ago
Dec 04, 2023
Sell 17.9 K USD
ARMSTRONG D GEOFFREY
Director
- 120
149.0267 USD
11 months ago
Nov 21, 2023
Sell 74.8 K USD
McMillen Charles Thomas
Director
- 500
149.5724 USD
1 year ago
Nov 14, 2023
Sell 896 K USD
Carter Thomas
Senior Advisor
- 6000
149.3582 USD
1 year ago
Aug 31, 2023
Sell 828 K USD
Carter Thomas
Senior Advisor
- 5000
165.5004 USD
1 year ago
Aug 15, 2023
Sell 146 K USD
Gliha Lee Ann
EVP, Chief Financial Officer
- 910
160.0319 USD
1 year ago
Jun 28, 2023
Sell 153 K USD
Morgan Rachel
EVP General Counsel
- 937
163.7671 USD
1 year ago
Jun 26, 2023
Sell 603 K USD
Russell Blake
EVP, Station Operations
- 3697
163.0735 USD
1 year ago
Jun 27, 2023
Sell 504 K USD
Russell Blake
EVP, Station Operations
- 3000
167.8875 USD
1 year ago
Jun 07, 2023
Sell 1.66 M USD
Carter Thomas
President and COO
- 10000
166.2525 USD
1 year ago
Jun 08, 2023
Sell 206 K USD
McMillen Charles Thomas
Director
- 1250
164.5841 USD
1 year ago
Jun 06, 2023
Sell 67.5 K USD
WEITMAN GARY
See Remarks
- 425
158.8173 USD
1 year ago
Jun 06, 2023
Sell 81.2 K USD
Russell Blake
EVP, Station Operations
- 511
158.8173 USD
1 year ago
Jun 06, 2023
Sell 93.4 K USD
Jenkins Brett
EVP, Chief Technology Officer
- 588
158.8173 USD
1 year ago
Jun 06, 2023
Sell 136 K USD
ZIMMER DANA
President, Distribution
- 858
158.8173 USD
1 year ago
Jun 06, 2023
Sell 50.3 K USD
Gliha Lee Ann
EVP, Chief Financial Officer
- 317
158.8173 USD
1 year ago
Jun 06, 2023
Sell 130 K USD
COMPTON SEAN
President, Networks
- 821
158.8173 USD
1 year ago
Jun 06, 2023
Sell 116 K USD
ALFORD ANDREW
President, Broadcasting
- 729
158.8173 USD
1 year ago
Jun 02, 2023
Sell 1.58 M USD
Carter Thomas
President and COO
- 10000
157.8523 USD
1 year ago
May 18, 2023
Sell 69.6 K USD
WEITMAN GARY
See Remarks
- 430
161.8134 USD
1 year ago
May 18, 2023
Sell 181 K USD
COMPTON SEAN
President, Networks
- 1119
161.8134 USD
1 year ago
May 18, 2023
Sell 136 K USD
ALFORD ANDREW
President, Broadcasting
- 842
161.8134 USD
1 year ago
May 18, 2023
Sell 189 K USD
ZIMMER DANA
President, Distribution
- 1169
161.8134 USD
1 year ago
May 18, 2023
Sell 101 K USD
Russell Blake
EVP, Station Operations
- 626
161.8134 USD
1 year ago
May 18, 2023
Sell 119 K USD
Jenkins Brett
EVP, Chief Technology Officer
- 737
161.8134 USD
1 year ago
Mar 21, 2023
Sell 39.2 K USD
ALFORD ANDREW
President, Broadcasting
- 239
164.0447 USD
1 year ago
Mar 21, 2023
Sell 73.5 K USD
Russell Blake
EVP, Station Operations
- 448
164.0447 USD
1 year ago
Mar 15, 2023
Sell 80 K USD
McNabb Lisbeth
Director
- 500
160.06 USD
1 year ago
Mar 07, 2023
Sell 440 K USD
COMPTON SEAN
President, Networks
- 2500
175.85 USD
1 year ago
Mar 06, 2023
Sell 256 K USD
Carter Thomas
President and COO
- 1400
182.9167 USD
1 year ago
Dec 23, 2022
Sell 176 K USD
FITZSIMONS DENNIS J
Director
- 1000
176.2 USD
1 year ago
Dec 20, 2022
Sell 170 K USD
McMillen Charles Thomas
Director
- 1000
170.0483 USD
1 year ago
Dec 21, 2022
Sell 87.5 K USD
McMillen Charles Thomas
Director
- 500
175 USD
1 year ago
Dec 09, 2022
Sell 1.83 M USD
Carter Thomas
President and COO
- 10000
183.1849 USD
1 year ago
Nov 30, 2022
Sell 608 K USD
Jenkins Brett
EVP, Chief Technology Officer
- 3200
190 USD
1 year ago
Nov 29, 2022
Sell 2.81 M USD
Carter Thomas
President and COO
- 15000
187.542 USD
1 year ago
Nov 29, 2022
Sell 938 K USD
ALFORD ANDREW
President, Broadcasting
- 5000
187.5685 USD
1 year ago
Nov 29, 2022
Sell 250 K USD
ZIMMER DANA
President, Distribution
- 1337
187.1179 USD
1 year ago
Nov 21, 2022
Sell 474 K USD
Carter Thomas
President and COO
- 2763
171.6591 USD
2 years ago
Nov 15, 2022
Sell 2.16 M USD
Carter Thomas
President and COO
- 12500
172.8357 USD
2 years ago
Sep 20, 2022
Sell 516 K USD
RYDER ELIZABETH
Special Counsel & Secretary
- 2705
190.5941 USD
2 years ago
Sep 20, 2022
Sell 213 K USD
COMPTON SEAN
President, Networks
- 1114
191.0729 USD
2 years ago
Sep 20, 2022
Sell 222 K USD
ZIMMER DANA
President, Distribution
- 1163
191.0729 USD
2 years ago
Sep 12, 2022
Sell 541 K USD
RYDER ELIZABETH
Special Counsel & Secretary
- 2704
200.0003 USD
2 years ago
Aug 17, 2022
Sell 1.01 M USD
Carter Thomas
President and COO
- 5000
201.3095 USD
2 years ago
Jun 28, 2022
Sell 539 K USD
WEITMAN GARY
See Remarks
- 3202
168.2033 USD
2 years ago
Jun 09, 2022
Sell 408 K USD
Miller Dennis
director:
- 2364
172.6206 USD
2 years ago
May 23, 2022
Sell 505 K USD
ZIMMER DANA
President, Distribution
- 2869
175.969 USD
2 years ago
May 17, 2022
Sell 207 K USD
ZIMMER DANA
President, Distribution
- 1191
173.858 USD
2 years ago
May 17, 2022
Sell 198 K USD
COMPTON SEAN
President, Networks
- 1139
173.858 USD
2 years ago
May 17, 2022
Sell 176 K USD
ALFORD ANDREW
President, Broadcasting
- 1012
173.858 USD
2 years ago
May 17, 2022
Sell 200 K USD
Brophy Karen A
President, Digital
- 1149
173.858 USD
2 years ago
May 17, 2022
Sell 76.3 K USD
WEITMAN GARY
See Remarks
- 439
173.858 USD
2 years ago
May 17, 2022
Sell 123 K USD
Russell Blake
EVP, Station Operations
- 709
173.858 USD
2 years ago
May 17, 2022
Sell 142 K USD
Jenkins Brett
EVP, Chief Technology Officer
- 816
173.858 USD
2 years ago
May 17, 2022
Sell 123 K USD
RYDER ELIZABETH
EVP General Counsel
- 709
173.858 USD
2 years ago
Mar 29, 2022
Sell 964 K USD
MUSE JOHN R
director:
- 5125
188 USD
7. News
Wall Street's Most Accurate Analysts Give Their Take On 3 Tech And Telecom Stocks With Over 4% Dividend Yields During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. benzinga.com - 3 days ago
Nexstar Appoints Bill Sammon as Senior Vice President of Washington, D.C., Editorial Content for The Hill and NewsNation IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group appoints Bill Sammon to Senior Vice President of Washington, D.C., Editorial Content for The Hill and NewsNation. businesswire.com - 3 days ago
Nexstar Media Group, Inc. (NXST) Q3 2024 Earnings Call Transcript Nexstar Media Group, Inc. (NASDAQ:NXST ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Joe Jaffoni - Investor Relations Perry Sook - Founder, Chairman & Chief Executive Officer Mike Biard - President & Chief Operating Officer Lee Ann Gliha - Chief Financial Officer Conference Call Participants Dan Kurnos - Benchmark Benjamin Soff - Deutsche Bank Steven Cahall - Wells Fargo Jason Bazinet - Citibank Craig Huber - Huber Research Partners Jim Goss - Barrington Research Barton Crockett - Rosenblatt Operator Good day, and welcome to Nexstar Media Group's Third Quarter 2024 Conference Call. Today's call is being recorded. seekingalpha.com - 1 week ago
Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share IRVING, Texas--(BUSINESS WIRE)--The Nexstar Media Group Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. businesswire.com - 2 weeks ago
Nexstar Media: Political Advertising, Buybacks Should Provide A Promising Seasonal Entry Point Nexstar Media is fundamentally undervalued with a fair value of $245, presenting over 40% upside from current prices. Seasonal patterns, particularly during election years, show significant stock performance, possibly driven by political advertising revenue. Political advertising cashflows can fuel substantial buybacks, enhancing shareholder value and supporting the stock price. seekingalpha.com - 2 weeks ago
Nexstar Media Group to Expand Presence in Cleveland With Acquisition of WBNX-TV/TV55 IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group has agreed to acquire the assets of WBNX-TV/TV55 in Cleveland, Ohio, from the Winston Broadcasting Company. businesswire.com - 2 weeks ago
Is the Options Market Predicting a Spike in Nexstar Media (NXST) Stock? Investors need to pay close attention to Nexstar Media (NXST) stock based on the movements in the options market lately. zacks.com - 1 month ago
Nexstar Media Raises Nearly $1.5 Million to Date for Hurricane Relief Efforts IRVING, Texas--(BUSINESS WIRE)--Nexstar's businesses helped raise nearly $1.5 million to support relief efforts related to Hurricane Helene and potentially Hurricane Milton. businesswire.com - 1 month ago
CW Parent Nexstar Parting Ways With Chief Revenue Officer Michael Strober Nexstar Media Group, which hired Turner veteran Michael Strober as EVP and Chief Revenue Officer in 2022, has eliminated his position. In an SEC filing Friday, the company said Strober had been notified that his role had been discontinued “in favor of a more streamlined organizational structure. deadline.com - 1 month ago
3 Little-Known Hollywood Stocks You Should Buy Macquarie analyst Tim Nollen recently stated that none of the top five Hollywood stocks were worth recommending. 247wallst.com - 2 months ago
Nexstar Media: Well Positioned In A Highly Challenging Industry Nexstar Media Group was a top performer from 2012 to 2022 but currently trades at a low valuation (6x FCF) due to concerns about the shrinking linear TV industry. Within the linear TV industry, however, Nexstar Media is uniquely well-positioned and should therefore produce above-average results. Due to its low valuation, Nexstar does not need any growth to produce superior returns. seekingalpha.com - 2 months ago
Nexstar Television Stations in Augusta, Georgia; Monroe, Louisiana; Wichita Falls, Texas; Terre Haute, Indiana; and Utica, New York, to Become CW Network Affiliates IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST), today announced that its owned and operated television stations in Augusta, Georgia (WJBF-D3 DMA #110); Monroe, Louisiana (KARD-D2 DMA #142); Wichita Falls, Texas (KFDX-D3 DMA #149); Terre Haute, Indiana (WTWO-D2 DMA #159); and Utica, New York (WFXV-D2 DMA #171), will become affiliates of The CW Network. All five local stations will begin carrying the network's primetime entertainment, live sports, and special event progr. businesswire.com - 2 months ago
8. Profile Summary

Nexstar Media Group, Inc. NXST

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COUNTRY US
INDUSTRY Entertainment
MARKET CAP $ 5.02 B
Dividend Yield 1.04%
Description 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.
Contact 545 East John Carpenter Freeway, Irving, TX, 75062 https://www.nexstar.tv
IPO Date Nov. 25, 2003
Employees 11877
Officers Mr. Gary Weitman Executive Vice President & Chief Communications Officer Mr. Todd Braverman Executive Vice President & Head of National Sales Mr. Brett E. Jenkins Executive Vice President and Chief Technology & Digital Officer Ms. Lindsey Harmon Senior Vice President of Human Relations & Associate General Counsel Ms. Rachel Morgan Executive Vice President, General Counsel & Secretary Mr. Blake Russell Executive Vice President of Operations Mr. Perry A. Sook Founder, Chairman & Chief Executive Officer Mr. Michael Biard President & Chief Operating Officer Ms. Lee Ann Gliha Executive Vice President & Chief Financial Officer Ms. Dana Zimmer President of Distribution & Strategy