Nexstar Media Group Inc Stock Price, News & Analysis

Nexstar Media Group (NASDAQ: NXST) has declared a quarterly cash dividend of $1.86 per share of common stock. The dividend will be paid on August 29, 2025, to shareholders of record as of August 15, 2025.

While the company has expressed its intention to continue regular quarterly dividend payments, future dividends will be subject to quarterly review and Board approval.

Nexstar Media Group (NASDAQ: NXST) has successfully raised nearly $1.4 million to help flood victims in Central Texas. The company's efforts included a $50,000 donation from the Nexstar Media Charitable Foundation, split equally between The San Angelo Area Foundation and The Community Foundation of the Texas Hill Country.

The fundraising initiative featured a one-hour flood relief telethon on KLST-TV and KTAB-TV, while KXAN-TV in Austin provided continuous coverage and created a dedicated microsite for flood relief information. The station aired 22 public service announcements and coordinated with ten charitable organizations. Multiple Nexstar stations nationwide supported the effort by displaying QR codes linking to donation opportunities.

Nexstar Media Group (NASDAQ: NXST) has promoted Dan Lanzano to the newly created position of President of National Advertising Sales, effective immediately. Lanzano, who joined Nexstar in February 2024 as Senior Vice President of National Advertising Sales, will oversee all national advertising efforts including CW Sports, CW Entertainment, CW Digital, NewsNation, and the company's multicast networks.

In his new role, Lanzano will lead Nexstar's research operations, national network monetization, and paid advertising departments. He brings nearly 20 years of experience, including six years as Vice President of Advertising Sales at Warner Bros. Discovery, where he managed monetization across entertainment, lifestyle, sports, news, and streaming assets.

[ "Creation of new executive position indicates expansion of national advertising strategy", "Strategic hire brings 20 years of experience from major media companies like Warner Bros. Discovery", "Demonstrated success in growing advertising revenue and market share since joining in February 2024" ]

Nexstar Media Group (NASDAQ: NXST) has successfully completed a significant refinancing of its credit facilities through its subsidiary Nexstar Media Inc. and Mission Broadcasting, Inc. The refinancing includes a new $750 million Nexstar Revolving Credit Facility, a $75 million Mission Revolving Credit Facility (both due 2030), a $1,905 million Nexstar Term Loan A (due 2030), and a $1,300 million Nexstar Term Loan B (due 2032).

The refinancing delivers several key benefits, including extended maturities, expanded revolving credit capacity, and reduced interest rate margins. The revolving facilities and Term Loan A will bear interest at SOFR plus 150 basis points, representing a 10 basis point reduction in credit spread. Term Loan B will bear interest at SOFR plus 250 basis points, marking an 11 basis point reduction for 1-month SOFR.

Nexstar Media Group (NASDAQ: NXST) has scheduled its 2025 second quarter financial results announcement for Thursday, August 7, 2025. The company will host a conference call and webcast at 10:00 a.m. ET to discuss the results.

Participants can join via phone using the numbers +1 877-407-9208 (domestic) or +1 201-493-6784 (international) with conference ID 13753994. A live webcast will be available through Nexstar's website, with a replay accessible for 90 days following the event.

Nexstar Media Group (NASDAQ: NXST) held its 2025 Annual Shareholders' Meeting where shareholders approved all proposed items on the agenda. The key approvals included the election of all nominated Board of Directors members and the ratification of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for fiscal year 2025. Notably, shareholders strongly endorsed the executive compensation package for Named Executive Officers with approximately 95.5% support. The detailed voting results for each proposal are being filed with the SEC and will be available at www.sec.gov.

Salesforce (NYSE:CRM) has expanded its partnership with Nexstar Media Group (NASDAQ: NXST), the largest owner of local TV stations in the US. Nexstar will implement Salesforce Media Cloud to enhance local advertising sales operations and Agentforce to deploy AI agents for task automation. The collaboration aims to support Nexstar's digital transformation across its network of national broadcast, cable networks, and 200+ local television stations. The implementation includes CRM Analytics and Revenue Cloud, providing Nexstar's 1,600+ sales personnel with real-time campaign visibility and automated proposal creation. Agentforce for Media will streamline advertising sales processes through AI-powered automation, enabling sales teams to focus on relationship building and closing deals. The unified platform will eliminate siloed applications, providing sales teams with AI-powered insights for more efficient deal closure.

Nexstar Media Group (NASDAQ: NXST) has released a new investor presentation showcasing its industry leadership and growth prospects. The presentation highlights several key aspects including potential broadcast ownership reforms, Nexstar's position as the largest owner of local TV stations, The CW network, and NewsNation. It emphasizes broadcast TV's crucial role in live sports and political advertising, along with the undervaluation of broadcast stations by pay TV distributors. The document details growth milestones for The CW since its 2022 acquisition and NewsNation since 2021. Additionally, it discusses the ATSC 3.0 technology opportunity, which BIA Kelsey estimates could generate up to $15 billion in annual industry revenues by 2030.

Nexstar Media Group (NASDAQ: NXST) has achieved significant recognition with 52 regional Edward R. Murrow Awards across 28 of its television stations. Notable winners include WKRG-TV in Mobile and KGET-TV in Bakersfield, both honored for "Overall Excellence." KGET-TV secured awards in seven categories, while WJZY-TV/Queen City News in Charlotte won six regional Murrows. KXAN-TV in Austin was recognized in five categories. The awards span various categories including Breaking News Coverage, Excellence in Innovation, Digital Content, and Diversity initiatives. These regional winners will automatically advance to consideration for National Edward R. Murrow Awards, with results to be announced in August.