Nexstar Broadcasting Group Stock Net Income
| NXST Stock | USD 158.92 2.06 1.28% |
Nexstar Broadcasting Group fundamentals help investors to digest information that contributes to Nexstar Broadcasting's financial success or failures. It also enables traders to predict the movement of Nexstar Stock. The fundamental analysis module provides a way to measure Nexstar Broadcasting's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Nexstar Broadcasting stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 346 M | 185 M | |
| Net Income From Continuing Ops | 348.5 M | 378.6 M | |
| Net Income Applicable To Common Shares | 1.1 B | 1.2 B | |
| Net Income Per Share | 9.80 | 10.29 | |
| Net Income Per E B T | 0.86 | 1.13 |
Nexstar | Net Income |
Nexstar Broadcasting Group Company Net Income Analysis
Nexstar Broadcasting's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Nexstar Broadcasting Net Income | 346 M |
Most of Nexstar Broadcasting's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Nexstar Broadcasting Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Nexstar Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Nexstar Broadcasting is extremely important. It helps to project a fair market value of Nexstar Stock properly, considering its historical fundamentals such as Net Income. Since Nexstar Broadcasting's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Nexstar Broadcasting's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Nexstar Broadcasting's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Nexstar Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Nexstar Broadcasting Group reported net income of 346 M. This is 78.31% lower than that of the Media sector and significantly higher than that of the Communication Services industry. The net income for all United States stocks is 39.4% higher than that of the company.
Nexstar Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Nexstar Broadcasting's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Nexstar Broadcasting could also be used in its relative valuation, which is a method of valuing Nexstar Broadcasting by comparing valuation metrics of similar companies.Nexstar Broadcasting is currently under evaluation in net income category among related companies.
Nexstar Broadcasting Institutional Holders
Institutional Holdings refers to the ownership stake in Nexstar Broadcasting that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Nexstar Broadcasting's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Nexstar Broadcasting's value.| Shares | Cardinal Capital Management Llc | 2023-12-31 | 616 K | Fuller & Thaler Asset Management Inc | 2023-12-31 | 586.8 K | Pacer Advisors, Inc. | 2023-12-31 | 565.3 K | Goldman Sachs Group Inc | 2023-12-31 | 557.4 K | Ameriprise Financial Inc | 2023-12-31 | 538 K | Northern Trust Corp | 2023-12-31 | 478 K | Copeland Capital Management, Llc | 2024-03-31 | 460.7 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 435.1 K | Bank Of New York Mellon Corp | 2023-12-31 | 431.8 K | Vanguard Group Inc | 2023-12-31 | 3.2 M | Blackrock Inc | 2023-12-31 | 3 M |
Nexstar Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.04 | ||||
| Profit Margin | 0.07 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 12.32 B | ||||
| Shares Outstanding | 33.43 M | ||||
| Shares Owned By Insiders | 5.61 % | ||||
| Shares Owned By Institutions | 98.70 % | ||||
| Number Of Shares Shorted | 2.39 M | ||||
| Price To Earning | 10.03 X | ||||
| Price To Book | 2.32 X | ||||
| Price To Sales | 1.08 X | ||||
| Revenue | 4.93 B | ||||
| Gross Profit | 3.23 B | ||||
| EBITDA | 1.68 B | ||||
| Net Income | 346 M | ||||
| Cash And Equivalents | 276.4 M | ||||
| Cash Per Share | 7.12 X | ||||
| Total Debt | 7.13 B | ||||
| Debt To Equity | 2.62 % | ||||
| Current Ratio | 1.95 X | ||||
| Book Value Per Share | 68.42 X | ||||
| Cash Flow From Operations | 999 M | ||||
| Short Ratio | 6.55 X | ||||
| Earnings Per Share | 9.65 X | ||||
| Price To Earnings To Growth | 0.35 X | ||||
| Target Price | 203.1 | ||||
| Number Of Employees | 11.88 K | ||||
| Beta | 1.5 | ||||
| Market Capitalization | 5.31 B | ||||
| Total Asset | 12.26 B | ||||
| Retained Earnings | 3.19 B | ||||
| Working Capital | 505 M | ||||
| Current Asset | 89.74 M | ||||
| Current Liabilities | 63.53 M | ||||
| Annual Yield | 0.04 % | ||||
| Five Year Return | 1.86 % | ||||
| Net Asset | 12.26 B | ||||
| Last Dividend Paid | 5.4 |
About Nexstar Broadcasting Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Nexstar Broadcasting Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Nexstar Broadcasting using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Nexstar Broadcasting Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Nexstar Broadcasting Investors Sentiment
The influence of Nexstar Broadcasting's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Nexstar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Nexstar Broadcasting's public news can be used to forecast risks associated with an investment in Nexstar. The trend in average sentiment can be used to explain how an investor holding Nexstar can time the market purely based on public headlines and social activities around Nexstar Broadcasting Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Nexstar Broadcasting's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Nexstar Broadcasting's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Nexstar Broadcasting's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Nexstar Broadcasting.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Nexstar Broadcasting in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Nexstar Broadcasting's short interest history, or implied volatility extrapolated from Nexstar Broadcasting options trading.
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Complementary Tools for Nexstar Stock analysis
When running Nexstar Broadcasting's price analysis, check to measure Nexstar Broadcasting's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Nexstar Broadcasting is operating at the current time. Most of Nexstar Broadcasting's value examination focuses on studying past and present price action to predict the probability of Nexstar Broadcasting's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Nexstar Broadcasting's price. Additionally, you may evaluate how the addition of Nexstar Broadcasting to your portfolios can decrease your overall portfolio volatility.
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Is Nexstar Broadcasting's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nexstar Broadcasting. If investors know Nexstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nexstar Broadcasting listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.37) | Dividend Share 5.4 | Earnings Share 9.65 | Revenue Per Share 139.678 | Quarterly Revenue Growth (0.12) |
The market value of Nexstar Broadcasting is measured differently than its book value, which is the value of Nexstar that is recorded on the company's balance sheet. Investors also form their own opinion of Nexstar Broadcasting's value that differs from its market value or its book value, called intrinsic value, which is Nexstar Broadcasting's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nexstar Broadcasting's market value can be influenced by many factors that don't directly affect Nexstar Broadcasting's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nexstar Broadcasting's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nexstar Broadcasting is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nexstar Broadcasting's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.