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REAL-TIME GLOBAL RESEARCH

Nexstar Media Group, Inc. (NXST.N): Model Update

Published: 2026-08-11Institution: CitiCompany / ticker: NXSTPages: 13Original language: English

Research evidence excerpt

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11 Aug 2026 08:41:26 ET │ 13 pages

Nexstar Media Group, Inc. (NXST.N)

Model Update

CITI'S TAKE

Buy

Price (10 Aug 26 16:00)

US$191.53

Target price

US$215.00↓

from US$220.00

Expected share price return

12.3%

Expected dividend yield

4.1%

Expected total return

16.3%

Market Cap

US$5,901M

We are updating our model for the latest earnings results. Our target price

goes from $220 to $215 a share reflecting slightly lower estimates. We

maintain our Buy rating.

Jason B BazinetAC

EPS (US$)

Q1

Q2

Q3

Q4

FY

FC Cons

2025A

3.36A

3.18A

2.28A

-5.94A

2.96A

17.49A

2026E

5.26A

3.88A

10.32E

16.29E

35.73E

35.26E

Previous

5.26A

6.79E

10.09E

16.16E

38.32E

na

2027E

na

23.66E

23.06E

Previous

na

25.88E

na

2028E

na

45.58E

40.21E

Previous

na

47.82E

na

Source: Company Reports and dataCentral, Citi Research. FC Cons: First Call Consensus.

The English excerpt is extracted automatically from the cited source page and may contain layout or recognition errors. It is never batch translated.

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