What is Barrington Research’s Forecast for NXST Q2 Earnings?

Nexstar Media Group, Inc. (NASDAQ:NXST) – Equities researchers at Barrington Research cut their Q2 2027 earnings estimates for Nexstar Media Group in a research note issued to investors on Monday, November 10th. Barrington Research analyst P. Sholl now expects that the company will post earnings of $4.50 per share for the quarter, down from their prior estimate of $4.68. Barrington Research has a “Outperform” rating and a $225.00 price target on the stock. The consensus estimate for Nexstar Media Group’s current full-year earnings is $21.62 per share. Barrington Research also issued estimates for Nexstar Media Group’s Q3 2027 earnings at $3.83 EPS and FY2027 earnings at $17.95 EPS.

Other research analysts have also recently issued reports about the stock. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Nexstar Media Group from $229.00 to $225.00 and set a “buy” rating on the stock in a report on Tuesday. Benchmark lifted their price target on Nexstar Media Group from $220.00 to $225.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Zacks Research raised Nexstar Media Group to a “hold” rating in a report on Friday, August 8th. Guggenheim boosted their target price on shares of Nexstar Media Group from $220.00 to $250.00 and gave the company a “buy” rating in a research report on Wednesday, August 20th. Finally, Weiss Ratings lowered shares of Nexstar Media Group from a “buy (b)” rating to a “hold (c+)” rating in a research report on Monday. Seven research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $225.00.

Nexstar Media Group Stock Performance

NXST stock traded down $2.55 during midday trading on Wednesday, reaching $192.30. 3,565 shares of the company were exchanged, compared to its average volume of 393,660. The business has a 50-day moving average price of $198.26 and a two-hundred day moving average price of $186.28. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.69 and a quick ratio of 1.69. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 9.98, a price-to-earnings-growth ratio of 1.40 and a beta of 0.99. Nexstar Media Group has a one year low of $141.66 and a one year high of $223.36.

Nexstar Media Group (NASDAQ:NXST) last issued its earnings results on Thursday, November 6th. The company reported $2.14 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.48). The firm had revenue of $1.20 billion during the quarter, compared to the consensus estimate of $1.20 billion. Nexstar Media Group had a net margin of 11.90% and a return on equity of 28.40%. The firm’s revenue for the quarter was down 12.3% compared to the same quarter last year. During the same period in the previous year, the company posted $5.27 earnings per share.

Nexstar Media Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Wednesday, November 12th will be issued a dividend of $1.86 per share. This represents a $7.44 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Wednesday, November 12th. Nexstar Media Group’s dividend payout ratio is 46.13%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in NXST. Caitlin John LLC acquired a new position in Nexstar Media Group during the 2nd quarter worth approximately $263,000. Lynx Investment Advisory bought a new stake in shares of Nexstar Media Group during the first quarter worth $311,000. D.A. Davidson & CO. grew its stake in shares of Nexstar Media Group by 12.3% during the second quarter. D.A. Davidson & CO. now owns 2,024 shares of the company’s stock worth $350,000 after buying an additional 222 shares during the last quarter. Wedge Capital Management L L P NC increased its holdings in shares of Nexstar Media Group by 110.7% during the second quarter. Wedge Capital Management L L P NC now owns 29,751 shares of the company’s stock worth $5,145,000 after buying an additional 15,628 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of Nexstar Media Group by 63.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 9,411 shares of the company’s stock valued at $1,706,000 after acquiring an additional 3,637 shares during the last quarter. 95.30% of the stock is currently owned by institutional investors and hedge funds.

About Nexstar Media Group

Nexstar Media Group, Inc operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.