How to Buy Nexstar Media Group Stock
Nexstar Media Group Inc
Nexstar Media Group, Inc. , a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States.
Nexstar Media Group stock last closed at $146.42, down 0.73% from the previous day, and has decreased 9.06% in one year. It has underperformed other stocks in the Entertainment industry by 0.3 percentage points. Nexstar Media Group stock is currently +2.16% from its 52-week low of $143.32, and -23.68% from its 52-week high of $191.86.
At the moment, there are 30.51M NXST shares outstanding. The market value of NXST is $4.47B. In the past 24 hours, 439,325 NXST shares were traded.
How to Buy Nexstar Media Group Stock
Not sure how to invest in Nexstar Media Group stock? Here's how.
- Choose where to buy Nexstar Media Group stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you choose where to buy Nexstar Media Group stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Choose your method of payment and add your information.
- Research Nexstar Media Group stock: The Nexstar Media Group ticker symbol is NXST. Is Nexstar Media Group stock a good investment? Should you buy shares of NXST? How do NXST's underlying business fundamentals look? Do top analysts think Nexstar Media Group is a good buy? Why has NXST's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if NXST is a good stock to buy).
- Place your NXST trade: Decide if you will purchase NXST shares at the current market price or use a limit order to purchase NXST shares at a specific price.
- Monitor your NXST investment: Create a watchlist to key updates about your position in Nexstar Media Group shares.
Step 1: Choose where to buy Nexstar Media Group stock
You need an online brokerage account to access the NASDAQ market and buy NXST shares.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the right brokerage, the next step is to fill out some personal information so you can invest in NXST stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create a new trading account.
- Submit your data by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on one of the best stock trading apps, you can securely and quickly fund your account:
Watch the tutorial below if you need help depositing funds into your new investment account.
Step 4: Research Nexstar Media Group stock
Once you have figured out the best place to buy Nexstar Media Group stock, it's absolutely critical to analyze their stock prior to investing, so you truly understand the risk as well as the opportunity.
Nexstar Media Group stock at a glance
Nexstar Media Group Due Diligence Score
WallStreetZen was created to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on NXST's stock page.
How is NXST stock valued?
Investors use many financial metrics, analyses, models, and charts to gauge NXST's intrinsic value.
Using relative valuations measures:
- NXST may be undervalued based on its P/E ratio of 6.74x, relative to Entertainment industry P/E ratio of 70.36x
- NXST could be undervalued based on its P/B ratio of 1.98x, relative to Entertainment industry P/B ratio of 3.35x
You can access more valuation research on NXST's stock here.
NXST Financials at a glance
Signs that NXST is financially healthy:
- Total NXST debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the NXST balance sheet.
- NXST profit margin has gone up from 7% to 13.4% in the past year.
Signs that NXST is not financially healthy:
- NXST's operating cash flow of $1.25B allows it to safely service it's debt of $6.52B.
- NXST earnings of $1.44B is not sufficient to cover its interest payments.
- NXST has a relatively high debt to equity ratio of 4.08.
- There are more long-term liabilities than short-term assets on the NXST balance sheet.
Is it a good time to buy NXST stock, according to Wall Street analysts?
Out of 5 Wall Street analysts who give recommendations on NXST, the consensus analyst rating on NXST is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are forecasting on the Nexstar Media Group stock forecast page.
NXST Trading Indicators
NXST Growth Metrics
Last year, NXST earnings were $722.00M. During the last five year, NXST's earnings have increased by 34.1% per year. This was faster than the Entertainment industry average of 20.74%.
Last year, NXST revenue was $5.41B. During the past five year, NXST's revenue has grown by 12.21% per year. This was faster than the Entertainment industry average of 11.32%.
Find out more about NXST's earnings and revenue performance here.
What are NXST executives and large shareholders up to?
Over the past year, executives and large shareholders at NXST have bought more shares than they have sold.
Andrew Alford, President Broadcasting of NXST, was the latest NXST insider to sell. They sold $685,715.71 worth of NXST shares on Mar 26, 2025.
Get more info about who owns NXST stock here.
Does NXST provide a stable income stream?
Nexstar Media Group pays a dividend of 2.42%, compared to the Entertainment industry's average dividend yield of 1.34%. If you owned $1,000 of NXST stock, you would have received $24.25 last year.
Nexstar Media Group dividend payments have consistently grown over the past decade and have remained stable.
Find more info about Nexstar Media Group dividend yield and history here.
NXST Social Trading Data
One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your NXST trade
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to be certain you're buying or selling at a specific dollar amount, place a limit order.
Click the Open Trade button and your broker will place your order.
If you require additional help with buying stocks on eToro, click the how to video below:
Step 6: Monitor your NXST investment
Now that you own some NXST stock, you'll want to keep up with your investment.
Start a watchlist to see the latest developments about your NXST stock.
NXST Feed
How to Buy Stock in Nexstar Media Group
To reiterate, here are the 6 steps to buy stock in Nexstar Media Group:
- Choose where to buy Nexstar Media Group stock
- Open a brokerage account
- Put funds into your brokerage account
- Research Nexstar Media Group stock
- Place your NXST trade
- Monitor your NXST investment
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in Nexstar Media Group, create a watchlist today.
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