Nexstar Media Group, Inc. with ticker code (NXST) now have 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between 235 and 175 calculating the average target price we see $219.00. Now with the previous closing price of $184.13 and the analysts are correct then there would likely be a percentage uptick in value of 18.9%. It’s also worth noting that there is a 50 day moving average of $170.47 and the 200 day MA is $175.45. The market capitalization for the company is 6.34B. The stock price for the company is currently 176.73 USD
The potential market cap would be $7,537,028,222 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 8.36, revenue per share of 137.31 and a 6.82% return on assets.
Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company owns, operates, programs, or provides sales and other services to 199 full-power television stations and one AM radio station. The Company has a single segment, broadcast. The broadcast segment includes television stations and related community focused websites that it owns, operates, programs or provides sales and other services to in various markets across the United States. It provides NewsNation, which is a national cable news network; two owned and operated digital multicast networks and other multicast network services; and WGN-AM, which is a Chicago radio station. The other activities of the Company include operating The CW, digital businesses, corporate functions, the management of certain real estate assets, including revenues from leasing certain owned office and production facilities, and eliminations.
