# Nexstar Media Group, Inc. – Consensus ‘buy’ rating and 16.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/nexstar-media-group-inc.consensus-buy-rating-and-16.8-upside-potential/4121175102
- Published: 2024-10-23T15:04:57+01:00
- Author: Charlotte Edwards

**Nexstar Media Group, Inc.** with ticker code (NXST) have now 9 analysts in total
covering the stock. The consensus rating is pointing to ‘buy’. The range between
the high target price and low target price is between $215.00 and $185.00 calculating
the mean target price we have $199.78. Now with the previous closing price of $171.03
this is indicating there is a potential upside of 16.8%. The day 50 moving average
is $166.24 and the 200 moving average now moves to $166.79. The company has a market
cap of 5.50B. Currently the stock stands at: $170.38 USD

 The potential market cap would be $6,420,050,631 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 13.37, revenue per share of $147.79
and a 4.77% 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.

Share on: