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Nexstar Media Group Inc - NXST STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Nexstar Media Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Nexstar Media Group's position in the market.

Rhea-AI Summary
Nexstar Media Group, Inc. (NXST) has announced a 25% increase in its quarterly cash dividend to $1.69 per share, representing a 3.8% annualized yield based on the closing stock price on January 25, 2024. The dividend is payable on February 23, 2024, to shareholders of record on February 9, 2024. This marks the eleventh consecutive annual cash dividend increase for the company. Perry Sook, Nexstar Media Group’s Founder, Chairman, and CEO, emphasized the company's strong free cash flow generation, commitment to delivering increased returns to shareholders, and confidence in its business model and growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
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dividends
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Rhea-AI Summary
NewsNation, the fastest-growing cable news network in America, is launching a new Sunday public affairs program called The Hill Sunday with Chris Stirewalt. The program will feature politicians and newsmakers discussing the latest political news from the nation’s capital, along with a panel of guest commentators offering insight and analysis of the week’s key stories. Chris Stirewalt, NewsNation’s political editor, will host the program, bringing his experience from covering major political events and leading the editorial team involved in the network’s 2024 presidential town halls. The announcement comes on the heels of NewsNation's recent launch of a three-hour weekend edition of Morning in America anchored by Hena Doba.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
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none
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Rhea-AI Summary
The CW Network appoints Erin McIlvain as Senior Vice President of Affiliate Distribution and Marketing. She will manage the network's distribution and oversee affiliate relations with station group partners. Ms. McIlvain has extensive experience in the media business, previously working with DISH Network, Charter Communications, and Crown Media Holdings, Inc. She was also responsible for growing GAM Media's distribution from 31 million to over 50 million television households. Ms. McIlvain's appointment is expected to help The CW expand its reach and forge collaborative relationships with its affiliate partners.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
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management
Rhea-AI Summary
NewsNation (NTCO) Announces New Weekend Programming and Enhanced Weekday Lineup
Rhea-AI Impact
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End-of-Day
0.76%
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none
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Rhea-AI Summary
Nexstar Media Group, Inc. (NXST) to air 'A Granddaughter's Dream' program across 116 markets, featuring Yolanda Renee King, the granddaughter of Dr. Martin Luther King, Jr. and Coretta Scott King. The program coincides with the national celebration of Dr. Martin Luther King Day and includes interviews and discussions about Ms. King's activism and her book 'We Dream a World: Carrying the Light From My Grandparents Martin Luther King, Jr. and Coretta Scott King'. Nexstar Media Charitable Foundation to donate $10,000 to the Drum Major Institute.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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none
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Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) will report its 2023 fourth quarter and full year financial results on February 28, 2024. The Company will host a conference call and webcast at 10:00 a.m. ET to review the results. Interested parties can access the conference call by dialing +1 877-407-9208 or +1 201-493-6784, conference ID 13743674 (domestic and international callers). A live webcast of the call will be available through the 'Events and Presentations' section under 'Investor Relations' on Nexstar’s website at www.nexstar.tv. A webcast replay will be available for 90 days following the live event at the same website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.49%
Tags
conferences earnings
Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) has entered into a multi-year time brokerage agreement with KAZT-TV in Phoenix, Arizona, the nation’s 11th largest television market. KAZT-TV will become an affiliate of The CW Network on February 1, providing viewers with LIV Golf, ACC college football and basketball, WWE NXT, and NASCAR Xfinity Series Racing. Nexstar will provide programming and other services to strengthen the station’s relationship with the local community. The agreement expands Nexstar's presence to ten of the 15 largest TV markets in the U.S., and 18 of the top 25.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.49%
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none
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Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) and FuboTV Inc. (NYSE: FUBO) have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations and Nexstar’s national cable news network, NewsNation. The agreement includes stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, with financial terms undisclosed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.41%
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none
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Rhea-AI Summary
Nexstar Media Group, Inc. (NASDAQ: NXST) and FuboTV Inc. (NYSE: FUBO) have reached a new comprehensive multi-year distribution agreement covering 89 Nexstar-owned local TV stations and Nexstar’s national cable news network, NewsNation. The agreement includes stations affiliated with The CW Network, MyNetworkTV, ABC, and independents, with financial terms undisclosed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.14%
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none
Rhea-AI Summary
Nexstar Media Group, Inc. (NXST) extends employment agreement with CFO Lee Ann Gliha, emphasizing her significant leadership role in strategic planning, business development, and mergers and acquisitions. Chairman and CEO Perry Sook praises Gliha's positive impact and financial acumen.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.34%
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Nexstar Media Group Inc

Nasdaq:NXST

NXST Rankings

NXST Stock Data

5.76B
31.46M
5.61%
98.88%
6.74%
Television Broadcasting
Information
Link
US
Irving

About NXST

nexstar media group is the largest tv station operator in the country. with the reach of 171 full power television stations in 100 markets addressing nearly 38.9% of us television households, and a diversified, growing digital media operation, nexstar media group offers superior audience engagement across all media devices and local broadcast television’s unrivalled influence on consumers’ purchasing and political decisions. in 20 years, nexstar has grown from a single station to the nation’s largest television company. this growth is fueled by an organization-wide commitment to delivering exceptional service to our communities and outstanding results for our advertisers. from the very beginning, nexstar has cultivated an organization-wide commitment to providing superior, unique local content that is relevant to each of the communities it serves, while offering local businesses, advertisers and brands the ability to engage and connect with local communities.