A number of firms have modified their ratings and price targets on shares of Nexstar Media Group (NASDAQ: NXST) recently:
- 5/16/2026 – Nexstar Media Group was upgraded by Wall Street Zen from “hold” to “buy”.
- 5/13/2026 – Nexstar Media Group was upgraded by Zacks Research from “hold” to “strong-buy”.
- 5/11/2026 – Nexstar Media Group had its price target lowered by Deutsche Bank Aktiengesellschaft from $270.00 to $255.00. They now have a “buy” rating on the stock.
- 5/8/2026 – Nexstar Media Group had its price target lowered by Wells Fargo & Company from $290.00 to $253.00. They now have an “overweight” rating on the stock.
- 4/28/2026 – Nexstar Media Group had its “outperform” rating reaffirmed by Barrington Research. They now have a $290.00 price target on the stock.
- 4/10/2026 – Nexstar Media Group was upgraded by Citigroup Inc. from “neutral” to “buy”. They now have a $220.00 price target on the stock, down from $252.00.
- 4/6/2026 – Nexstar Media Group had its price target lowered by Benchmark Co. from $300.00 to $250.00. They now have a “buy” rating on the stock.
- 3/23/2026 – Nexstar Media Group had its price target raised by Deutsche Bank Aktiengesellschaft from $250.00 to $270.00. They now have a “buy” rating on the stock.
Nexstar Media Group Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 15th will be given a $1.86 dividend. 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 Friday, May 15th. Nexstar Media Group’s dividend payout ratio is presently 159.66%.
Insider Buying and Selling
In other Nexstar Media Group news, insider Sean Compton sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 19th. The stock was sold at an average price of $196.00, for a total value of $980,000.00. Following the transaction, the insider directly owned 11,252 shares of the company’s stock, valued at $2,205,392. This represents a 30.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Dan Lanzano sold 237 shares of the company’s stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $196.37, for a total value of $46,539.69. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 6.70% of the company’s stock.
Nexstar Media Group, Inc is a diversified American media company engaged primarily in the ownership, operation and strategic affiliation of local television stations, digital platforms and cable networks. The company provides a range of broadcast content, including local news, sports coverage, entertainment programming and syndicated shows, reaching audiences in more than 100 television markets across the United States.
Founded in 1996 by entrepreneur Perry Sook and headquartered in Irving, Texas, Nexstar has built its presence through organic growth and a series of high-profile acquisitions.
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