NXST
NEXSTAR MEDIA GROUP, INC.
NASDAQ · Communication Services · Entertainment · US
$169.97
+3.07%Price chart
Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4Sep 10
ValuationView details →
P/E (Fwd)
5.9x
EV/EBITDA
9.4x
Market Cap
$5.24B
MomentumView details →
1D Return
+3.07%
YTD Return
−16.13%
RSI (14)
37.8
ValuationView details →
P/E (Fwd)
5.9x
EV/EBITDA
9.4x
Market Cap
$5.24B
RSI (14)
37.8
MomentumView details →
1D Return
+3.07%
YTD Return
−16.13%
SummaryUpdated Jun 1, 2026
Nexstar Media Group, Inc. (NASDAQ:NXST) is the largest television broadcasting company in the United States, founded in 1996 and headquartered in Irving, Texas. The company has grown through strategic acquisitions over nearly three decades to become a dominant force in local television broadcasting, operating 198 television stations across the country. In 2022, Nexstar significantly expanded its footprint by acquiring a 75% ownership stake in The CW Network, a national broadcast television network, marking its transition from purely local broadcasting into national programming. The company also operates NewsNation, a cable news network that provides national news programming.
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Brett Jenkins, Nexstar's Executive Vice President and Chief Digital and Technology Officer, is stepping down from full-time duties effective October 1, transitioning to an executive adviser role.14d agoA federal judge found that Nexstar Media Group violated a preliminary injunction related to its $6.2-billion takeover of Tegna Inc., ordered monthly compliance reports, appointed a special master, and required the dissolution of Tegna's board.35d agoA coalition of 13 attorneys general and DirecTV filed a motion accusing Nexstar of violating a court injunction by appointing its executives to Tegna's board, and asked the court to clarify that the injunction prohibits such control.50d ago