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Nexstar Media Group, Inc.. (NXST) Stock Fundamental Analysis & AI Rating 2026

NXST Nasdaq Television Broadcasting Stations DE CIK: 0001142417
Recently Updated • Analysis: Apr 13, 2026 • SEC Data: 2025-12-31
SELL
72% Conf
Pending
Analysis scheduled

📊 NXST Key Takeaways

Revenue: $4.9B
Net Margin: 2.2%
Free Cash Flow: $743.0M
Current Ratio: 2.07x
Debt/Equity: 3.07x
EPS: $3.00
AI Rating: SELL with 72% confidence
Nexstar Media Group, Inc.. (NXST) receives a SELL rating with 72% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $4.9B, net profit margin of 2.2%, and return on equity (ROE) of 5.3%, Nexstar Media Group, Inc.. demonstrates mixed fundamentals in the Telecom sector. Below is our complete NXST stock analysis for 2026.

Is Nexstar Media Group, Inc.. (NXST) a Good Investment?

Claude

Nexstar faces structural headwinds with 8.5% revenue decline in a shifting media landscape, compounded by excessive leverage (3.07x Debt/Equity) and deteriorating returns (5.3% ROE). While free cash flow generation ($743M) provides near-term cushion, it masks fundamental business weakness—the 86% EPS decline despite rising net income signals severe share dilution and unsustainable cost-cutting rather than operational improvement.

Why Buy Nexstar Media Group, Inc.. Stock? NXST Key Strengths

Claude
  • + Strong free cash flow generation of $743M (15% FCF margin) demonstrates cash extraction capability
  • + Adequate interest coverage ratio of 7.2x suggests near-term debt service capacity despite high leverage
  • + Solid short-term liquidity with 2.07x current ratio providing operational flexibility

NXST Stock Risks: Nexstar Media Group, Inc.. Investment Risks

Claude
  • ! Revenue declining 8.5% YoY in traditional broadcasting sector facing structural cord-cutting headwinds
  • ! Dangerously high Debt/Equity ratio of 3.07x with $6.3B long-term debt against only $280M cash reserves
  • ! Severely weak capital returns (5.3% ROE, 1.0% ROA) indicating inefficient asset deployment and declining business quality
  • ! Massive EPS dilution (down 86% YoY) despite net income growth signals aggressive shareholder dilution and concerning capital allocation

Key Metrics to Watch

Claude
  • * Revenue trajectory and advertising market conditions by category (national vs. political vs. core)
  • * Debt reduction progress and refinancing risk given elevated leverage
  • * Free cash flow sustainability as revenue headwinds potentially intensify

Nexstar Media Group, Inc.. (NXST) Financial Metrics & Key Ratios

Revenue
$4.9B
Net Income
$109.0M
EPS (Diluted)
$3.00
Free Cash Flow
$743.0M
Total Assets
$10.8B
Cash Position
$280.0M

💡 AI Analyst Insight

Strong liquidity with a 2.07x current ratio provides a solid financial cushion.

NXST Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 17.2%
Net Margin 2.2%
ROE 5.3%
ROA 1.0%
FCF Margin 15.0%

NXST vs Telecom Sector: How Nexstar Media Group, Inc.. Compares

How Nexstar Media Group, Inc.. compares to Telecom sector averages

Net Margin
NXST 2.2%
vs
Sector Avg 14.0%
NXST Sector
ROE
NXST 5.3%
vs
Sector Avg 15.0%
NXST Sector
Current Ratio
NXST 2.1x
vs
Sector Avg 1.0x
NXST Sector
Debt/Equity
NXST 3.1x
vs
Sector Avg 1.2x
NXST Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Nexstar Media Group, Inc.. Stock Overvalued? NXST Valuation Analysis 2026

Based on fundamental analysis, Nexstar Media Group, Inc.. shows some fundamental concerns relative to the Telecom sector in 2026.

Return on Equity
5.3%
Sector avg: 15%
Net Profit Margin
2.2%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
3.07x
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Nexstar Media Group, Inc.. Balance Sheet: NXST Debt, Cash & Liquidity

Current Ratio
2.07x
Quick Ratio
2.07x
Debt/Equity
3.07x
Debt/Assets
81.0%
Interest Coverage
7.25x
Long-term Debt
$6.3B

NXST Revenue & Earnings Growth: 5-Year Financial Trend

NXST 5-year financial data: Year 2021: Revenue $4.6B, Net Income $230.3M, EPS $4.80. Year 2022: Revenue $5.2B, Net Income $811.5M, EPS $17.37. Year 2023: Revenue $5.2B, Net Income $834.0M, EPS $18.98. Year 2024: Revenue $5.4B, Net Income $971.0M, EPS $24.16. Year 2025: Revenue $5.4B, Net Income $346.0M, EPS $9.64.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Nexstar Media Group, Inc..'s revenue has grown significantly by 16% over the 5-year period, indicating strong business expansion. The most recent EPS of $9.64 reflects profitable operations.

NXST Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
15.0%
Free cash flow / Revenue

NXST Quarterly Earnings & Performance

Quarterly financial performance data for Nexstar Media Group, Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $1.2B $70.0M $2.14
Q2 2025 $1.2B $97.0M $3.06
Q1 2025 $1.2B $108.0M $3.37
Q3 2024 $1.1B $25.0M $0.70
Q2 2024 $1.2B $96.0M $2.64
Q1 2024 $1.3B $111.0M $2.97
Q3 2023 $1.1B $25.0M $0.70
Q2 2023 $1.2B $96.0M $2.64

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Nexstar Media Group, Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$891.0M
Cash generated from operations
Stock Buybacks
$125.0M
Shares repurchased (TTM)
Capital Expenditures
$148.0M
Investment in assets
Dividends Paid
$226.0M
Returned to shareholders

NXST SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Nexstar Media Group, Inc.. (CIK: 0001142417)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 8-K nxst-20260402.htm View →
Mar 31, 2026 4 xslF345X06/ownership.xml View →
Mar 31, 2026 4 xslF345X06/ownership.xml View →
Mar 31, 2026 4 xslF345X06/ownership.xml View →
Mar 31, 2026 4 xslF345X06/ownership.xml View →

Frequently Asked Questions about NXST

What is the AI rating for NXST?

Nexstar Media Group, Inc.. (NXST) has an AI rating of SELL with 72% confidence, based on fundamental analysis of SEC EDGAR filings.

What are NXST's key strengths?

Claude: Strong free cash flow generation of $743M (15% FCF margin) demonstrates cash extraction capability. Adequate interest coverage ratio of 7.2x suggests near-term debt service capacity despite high leverage.

What are the risks of investing in NXST?

Claude: Revenue declining 8.5% YoY in traditional broadcasting sector facing structural cord-cutting headwinds. Dangerously high Debt/Equity ratio of 3.07x with $6.3B long-term debt against only $280M cash reserves.

What is NXST's revenue and growth?

Nexstar Media Group, Inc.. reported revenue of $4.9B.

Does NXST pay dividends?

Nexstar Media Group, Inc.. pays dividends, with $226.0M distributed to shareholders in the trailing twelve months.

Where can I find NXST SEC filings?

Official SEC filings for Nexstar Media Group, Inc.. (CIK: 0001142417) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is NXST's EPS?

Nexstar Media Group, Inc.. has a diluted EPS of $3.00.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is NXST a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Nexstar Media Group, Inc.. has a SELL rating with 72% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is NXST stock overvalued or undervalued?

Valuation metrics for NXST: ROE of 5.3% (sector avg: 15%), net margin of 2.2% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy NXST stock in 2026?

Our dual AI analysis gives Nexstar Media Group, Inc.. a combined SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is NXST's free cash flow?

Nexstar Media Group, Inc..'s operating cash flow is $891.0M, with capital expenditures of $148.0M. FCF margin is 15.0%.

How does NXST compare to other Telecom stocks?

Vs Telecom sector averages: Net margin 2.2% (avg: 14%), ROE 5.3% (avg: 15%), current ratio 2.07 (avg: 1).

Is Nexstar Media Group, Inc.. carrying too much debt?

NXST has a debt-to-equity ratio of 3.07x, which is above the Telecom sector average of 1.2x. However, the current ratio of 2.07 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 13, 2026 | Data as of: 2025-12-31 | Powered by Claude AI