# Nexstar Media Group, Inc.  Share Price Target ‘$198.73’, now 26.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/nexstar-media-group-inc.share-price-target-198.73-now-26.1-upside-potential/4121142061
- Published: 2024-02-09T13:44:04+00:00
- Author: Charlotte Edwards

**Nexstar Media Group, Inc.** with ticker code (NXST) now have 11 confirmed analysts
covering the stock with the consensus suggesting a rating of ‘buy’. The range between
the high target price and low target price is between $225.00 and $158.00 and has
a mean share price target at $198.73. (at the time of writing). Given that the stocks
previous close was at $157.62 this now indicates there is a potential upside of 
26.1%. There is a 50 day moving average of $161.69 and the 200 day MA is $158.56.
The market cap for the company is 5.46B. The stock price for the company is currently
$160.88 USD

 The potential market cap would be $6,882,573,379 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 13.74, revenue per share of $141.21
and a 4.84% 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.

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