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.
Nexstar Media Group (NASDAQ: NXST) announced an Early Settlement Date of March 25, 2026 for TEGNA Inc.’s 5.000% Senior Notes due 2029 that were validly tendered by the Early Tender Deadline.
As of March 18, 2026, $1,036,551,000, or 94.23% of the Notes outstanding, were validly tendered and not withdrawn. Nexstar completed its acquisition of TEGNA on March 19, 2026, satisfying the Merger Condition. The supplemental indenture with the Proposed Amendments has been executed and will become operative upon purchase on the Early Settlement Date.
Nexstar Media Group (NASDAQ: NXST) priced a private offering of $3,390 million 6.500% senior secured notes due Sept. 15, 2033 and $1,725 million 7.250% senior notes due Apr. 15, 2034, each at 100.000% of face value.
Proceeds will fund repayment of bridge credit facilities and certain secured credit borrowings tied to the TEGNA acquisition, a tender offer for TEGNA’s 5.00% 2029 notes, redemption of Nexstar Media’s 5.625% 2027 notes, and related fees and expenses.
The Vita Coco Company (NASD: COCO) will be added to the S&P SmallCap 600 effective prior to market open on March 25, 2026, replacing TEGNA (TGNA) after Nexstar closed its acquisition of TEGNA on March 20, 2026.
The change was announced by S&P Dow Jones Indices and lists Vita Coco in the Consumer Staples GICS sector for index composition purposes.
Nexstar Media Group (NASDAQ: NXST) announced that Nexstar Media intends to offer, subject to market conditions, $3,390 million senior secured notes due 2033 and $1,725 million senior notes due 2034 in a private Rule 144A/Reg S offering.
Proceeds are planned to repay bridge credit facility borrowings, refinance certain secured credit facilities, fund a tender for TEGNA's 2029 notes, redeem Nexstar Media's 2027 notes, and pay related fees and expenses. The Notes will be guaranteed by Nexstar, Mission Broadcasting, and certain restricted subsidiaries and will not be registered under the Securities Act.
Nexstar Media Group (Nasdaq: NXST) announced it has closed its acquisition of TEGNA after receiving approvals from the Federal Communications Commission and the U.S. Department of Justice on March 19, 2026.
The company said the combination brings enhanced assets, capabilities, and talent to support local journalism and programming.
Nexstar Media Inc. (NASDAQ: NXST) launched a cash Tender Offer and Consent Solicitation to purchase all of TEGNA’s 5.000% Senior Notes due 2029 and to amend the indenture if requisite consents are received. The Notes outstanding total $1,100,000,000.
The Total Consideration is $1,011.25 per $1,000 (including an Early Tender Payment of $30.00). Key dates: Early Tender Deadline March 18, 2026; Expiration Time April 2, 2026; Merger expected in H2 2026 and the offer is conditioned on closing the Merger.
Nexstar Media Group (NASDAQ: NXST) reported Q4 2025 net revenue of $1.29 billion, down 13.4% year-over-year, and a Q4 net loss of ($170 million). Adjusted EBITDA was $433 million (down 31.1%). The company provided standalone 2026 adjusted EBITDA guidance of $1.95–$2.05 billion and reported consolidated debt of $6.33 billion.
Highlights include reduced 2025 CW losses (down 32%), $351 million returned to shareholders, $185 million total debt repaid in 2025, and ongoing progress on the proposed $6.2 billion acquisition of TEGNA, subject to regulatory approvals.
Nexstar Media Group (NASDAQ: NXST) announced executive management will participate in two institutional investor conferences in March 2026: Morgan Stanley Technology, Media & Telecom Conference on March 4 and Deutsche Bank 34th Annual Media, Internet & Telecom Conference on March 9.
Perry A. Sook, Chairman and CEO, and Lee Ann Gliha, EVP and CFO, will present in fireside chats; a live webcast and replay will be available in the company’s Events and Presentations investor relations section.
Nexstar Media Group (NASDAQ: NXST) declared a quarterly cash dividend of $1.86 per share, payable February 27, 2026, to shareholders of record February 13, 2026. The Board maintained the current dividend rate pending the accretive acquisition of TEGNA and said excess cash will finance the deal and/or repay debt.
The company reported an annualized dividend yield of 3.59% based on the January 29, 2026 close, placing it in the 78th percentile of S&P 400 dividend payers. Dividends will be reviewed quarterly and declared at the Board's discretion.
Nexstar Media Group (NASDAQ: NXST) will report its 2025 fourth quarter financial results on Thursday, February 26, 2026. The company will host a conference call and live webcast at 10:00 a.m. ET to review results. Domestic callers may dial 1-877-407-9208 and international callers 1-201-493-6784 using conference ID 13757850. A live webcast will be available in the Events and Presentations section of Nexstar's Investor Relations site at nexstar.tv, and a replay will remain available for 90 days after the event. Callers are asked to call five minutes early; webcast listeners should allow 15 minutes to register and install any required software.