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Nexstar Media Group (NXST) Stock News

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Welcome to our dedicated page for Nexstar Media Group news (Ticker: NXST), a resource for investors and traders seeking the latest updates and insights on Nexstar Media Group stock.

Nexstar Media Group, Inc. produces and distributes local and national news, sports and entertainment content across television and digital platforms. News about NXST commonly covers advertising and distribution revenue, political advertising cycles, local broadcast operations, The CW Network programming and sports distribution, and the company’s digital partnerships.

Recurring developments also include quarterly earnings, cash dividend declarations, investor-conference participation, debt and tender-offer activity, and corporate updates following Nexstar’s completed acquisition of TEGNA Inc. Company communications frequently connect these topics to broadcast station operations, local journalism, network affiliations, and national content distribution.

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Nexstar Media Group (NXST), through The CW Network, reported that its Week 0 college football game between New Mexico State and Florida State delivered the largest sports audience in network history, averaging 1.96 million total viewers in primetime.

Viewership for the August matchup peaked at 2.4 million total viewers from 9:15-9:30pm ET as Florida State defeated New Mexico State 34-17. The broadcast also drew the CW’s largest-ever sports audience in the key Adults 25-54 demographic with 718,000 viewers and ranked as the second strongest primetime program of the night in that demo, ahead of all shows on ABC, CBS and NBC. The company highlights a full upcoming sports slate on September 5-6, including Miami (OH) at Pittsburgh, the 2026 NASCAR O’Reilly Auto Parts Series Chase opener, UNLV at Hawai‘i, AVP beach volleyball championships, and PBR Team Series Thunder Days, all airing live on The CW and streaming on the ESPN App for ESPN Unlimited subscribers.

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Nexstar Media Group (NASDAQ: NXST) announced that executive management will participate in four institutional investor conferences in September 2026 hosted by Citi, BofA, Goldman Sachs and Deutsche Bank in New York, San Francisco and Scottsdale.

Fireside chats feature Chairman and CEO Perry A. Sook and EVP and CFO Lee Ann Gliha, with webcasts and replays for the Citi, BofA and Goldman Sachs sessions accessible via the Investor Relations “Events and Presentations” section on Nexstar’s website.

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TEGNA (NASDAQ: NXST) announced that its stations have received four 2026 National Edward R. Murrow Awards from the RTDNA, recognizing excellence in broadcast and digital journalism.

KARE in Minneapolis won for Hard News (Large Market Television) for “A Perfect Heart,” an investigative report centered on a complex heart transplant case. WFAA in Dallas earned the Continuing Coverage (Large Market Television) award for “Unlicensed and Unchecked,” an investigation into unlicensed facilities and placement agents that, according to TEGNA, contributed to Texas Governor Greg Abbott signing two new protective bills into law. WTHR in Indianapolis received two awards, for Feature Reporting and Excellence in Video, for “Italy's Gelato King,” a feature connecting a renowned Italian gelato maker with local Olympic-related interest.

According to TEGNA, its stations also secured 50 Regional Edward R. Murrow Awards in June, including Overall Excellence for KGW in Portland, nine awards for KARE, and six for KUSA in Denver. TEGNA operates 64 television stations and multiple digital platforms as a wholly owned subsidiary of Nexstar Media Group, functioning independently under a court-issued Hold Separate Order.

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Nexstar Media Group (NASDAQ: NXST) announced that its stations KXAN-TV in Austin, Texas, and WHO 13 in Des Moines, Iowa, each received a national Edward R. Murrow Award from RTDNA. KXAN won in the “Digital” category for investigative multimedia projects, while WHO 13 was honored in “Hard News” for the story “Robin’s Voice.” According to Nexstar, 20 of its stations also earned 34 regional Murrow Awards earlier in the year.

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Nexstar Media Group (NASDAQ: NXST) declared a quarterly cash dividend of $1.86 per share on its common stock. The dividend is payable on Friday, August 28, 2026, to shareholders of record as of Friday, August 14, 2026. According to Nexstar Media Group, future quarterly dividends, including any potential increases, will be determined at the Board’s discretion.

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Nexstar (NASDAQ: NXST) has completed the launch of ATSC 3.0 (NextGen TV) in the Cleveland, Ohio market, bringing the next-generation broadcast standard to all of the top 25 U.S. designated market areas. Cleveland had been the largest remaining market without ATSC 3.0 due to spectrum and station-participation constraints.

According to Nexstar, its 2024 acquisition of WBNX-TV allowed the company to contribute that station’s spectrum, enabling the coordinated Cleveland transition. The upgrade delivers features such as interactive services, 4K UHD and HDR support, immersive audio, advanced emergency alerts, and a terrestrial backup to GPS, while ATSC 1.0 services remain available during the transition.

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Nexstar Media Group (NASDAQ:NXST) will launch new daily primetime local newscasts on KDAF-TV in Dallas and KAZT-TV in Phoenix starting in mid-August. The newscasts will air seven days a week at 9 p.m. local time, following CW Network programming, expanding local news access in two top-12 U.S. TV markets.

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TEGNA (NASDAQ: NXST) has appointed Scott Gill as vice president of technology and operations, effective July 13, 2026. Gill will oversee engineering, technology and sports operations across TEGNA’s 64 local television stations, focusing on strengthening station performance, modernizing infrastructure and supporting local journalism across broadcast, streaming, mobile and digital platforms.

Gill joined TEGNA in 2012 and most recently led technology and sports operations, including digital transformation initiatives, live sports programming support, and management of drone and helicopter newsgathering technologies. His background includes roles at Fox News Network, Harpo Productions and various television stations and production facilities.

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The Hill (NASDAQ:NXST) launched The Hill Insider, a premium digital subscription service starting July 8. Members gain access to exclusive newsletters, deep-dive reporting, and live interactive video calls with journalists, while the free, ad-supported site remains available.

The Hill Insider offers Basic and Premium tiers, with options for ad-free web reading and VIP access to live events, plus a 14-day free trial.

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FAQ

What is the current stock price of Nexstar Media Group (NXST)?

The current stock price of Nexstar Media Group (NXST) is $169.085 as of September 11, 2026.

What is the market cap of Nexstar Media Group (NXST)?

The market cap of Nexstar Media Group (NXST) is approximately 5.2B.