NEXSTAR MEDIA GROUP, INC. NXST 68.66
Communication Services · NASDAQ · Data as of 2026-08-07
NEXSTAR MEDIA GROUP, INC. (NXST) has delivered +15.4% annualized revenue growth, +5.1% earnings growth, and +23.5% dividend growth over 10 years of data. Ranked #302 of 1968 stocks overall and #4 of 68 in the Communication Services sector by Steady Score.
About NEXSTAR MEDIA GROUP, INC.
Company Overview
Nexstar Media Group owns and operates local television stations and related digital properties across the United States. Stations broadcast network and local programming, news, sports and advertising. The company also owns national cable network NewsNation and an interest in The CW Network. Viewers receive content over the air and through pay- television and streaming distributors, while businesses and political campaigns buy advertising.
Read more
Business Model & Revenue
Revenue comes from local and national advertising, political advertising, distribution fees paid by cable, satellite and streaming providers, and digital activities. Retransmission fees depend on subscriber counts and contract rates; advertising depends on audiences and economic or election cycles. Network affiliation costs offset part of distribution revenue. Station scale supports shared news, sales and technology while maintaining local operations.
Key Facts & Market Position
Nexstar has broad geographic reach through a large station portfolio, making it a major negotiator with networks and distributors. Local news and licensed spectrum distinguish stations from purely digital publishers. The business faces declining traditional pay- TV subscribers, changing viewing habits, ownership regulation and pronounced political- advertising cycles.