Geoff Armstrong - Nexstar Broadcasting Independent Director

NXST Stock  USD 165.25  3.29  2.03%   

Director

Mr. Geoff Armstrong is an Independent Director of Nexstar Broadcasting Group, Inc. Mr. Armstrong has served as a director of Nexstar since November 2003. Mr. Armstrong is Chief Executive Officer of 310 Partners, a private investment firm. From March 1999 through September 2000, Mr. Armstrong was the Chief Financial Officer of AMFM, which was publicly traded on the New York Stock Exchange until it was purchased by Clear Channel Communications in September 2000. From June 1998 to February 1999, Mr. Armstrong was Chief Operating Officer and a director of Capstar Broadcasting Corporationrationration, which merged with AMFM in July 1999. Mr. Armstrong was a founder of SFX Broadcasting, which went public in 1993, and subsequently served as Chief Financial Officer, Chief Operating Officer and a director until the company was sold in 1998 to AMFM. Mr. Armstrong has served as a director and the chairman of the audit committee of Urban One since June 2001 and May 2002, respectively since 2003.
Age 60
Tenure 21 years
Address 545 East John Carpenter Freeway, Irving, TX, United States, 75062
Phone972 373 8800
Webhttps://www.nexstar.tv
Armstrong has also served on the board of directors of SFXii Entertainment, Capstar Broadcasting Corporationrationrationration, AMFM and SFX Broadcasting.

Nexstar Broadcasting Management Efficiency

The company has return on total asset (ROA) of 0.04 % which means that it generated a profit of $0.04 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1063 %, meaning that it created $0.1063 on every $100 dollars invested by stockholders. Nexstar Broadcasting's management efficiency ratios could be used to measure how well Nexstar Broadcasting manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Nexstar Broadcasting's Return On Tangible Assets are comparatively stable compared to the past year. Return On Assets is likely to gain to 0.03 in 2024, whereas Return On Capital Employed is likely to drop 0.05 in 2024. At this time, Nexstar Broadcasting's Liabilities And Stockholders Equity is comparatively stable compared to the past year. Total Current Liabilities is likely to gain to about 1 B in 2024, whereas Non Current Liabilities Other is likely to drop slightly above 379.6 M in 2024.
The company currently holds 7.13 B in liabilities with Debt to Equity (D/E) ratio of 2.62, implying the company greatly relies on financing operations through barrowing. Nexstar Broadcasting has a current ratio of 1.91, which is within standard range for the sector. Debt can assist Nexstar Broadcasting until it has trouble settling it off, either with new capital or with free cash flow. So, Nexstar Broadcasting's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nexstar Broadcasting sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nexstar to invest in growth at high rates of return. When we think about Nexstar Broadcasting's use of debt, we should always consider it together with cash and equity.

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Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas. Nexstar Media operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 11160 people. Nexstar Broadcasting Group (NXST) is traded on NASDAQ Exchange in USA. It is located in 545 East John Carpenter Freeway, Irving, TX, United States, 75062 and employs 11,877 people. Nexstar Broadcasting is listed under Broadcasting category by Fama And French industry classification.

Management Performance

Nexstar Broadcasting Leadership Team

Elected by the shareholders, the Nexstar Broadcasting's board of directors comprises two types of representatives: Nexstar Broadcasting inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nexstar. The board's role is to monitor Nexstar Broadcasting's management team and ensure that shareholders' interests are well served. Nexstar Broadcasting's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nexstar Broadcasting's outside directors are responsible for providing unbiased perspectives on the board's policies.
Brian Jones, Co-COO and Executive VP
Rachel Morgan, General VP
Todd Braverman, Executive Sales
Timothy Busch, Co-COO and Executive VP
Keith Hopkins, Senior Vice President - Distribution
Dennis Miller, Independent Director
Elizabeth Ryder, Vice President General Counsel, Secretary
Douglas Davis, Senior Vice President and Regional Manager, Nexstar Broadcasting, Inc.
Dana Zimmer, President Distribution
Perry Sook, Founder, Executive Chairman, CEO and President CEO of Nexstar Broadcasting Inc and President of Nexstar Broadcasting Inc and Director of Nexstar Broadcasting Inc
Michael Biard, President COO
Gregory Raifman, President of Nexstar Digital LLC
Sean Compton, President Division
Brett Jenkins, Senior Vice President CTO
Blake Russell, Sr. VP of Station Operations
Andrew Alford, President Inc
Mike Vaughn, Senior Vice President and Regional Manager of Nexstar Broadcasting, Inc.
Dennis FitzSimons, Director
Jay Grossman, Director
John Muse, Director
Geoff Armstrong, Independent Director
JD Esq, Pres Network
Joseph Jaffoni, Investor Relation.
William Sally, Senior Vice President and Regional Manager, East Region
Martin Pompadur, Independent Director
Thomas OBrien, Chief Revenue Officer and Executive VP of Digital Media
Lisbeth McNabb, Independent Director
Thomas McMillen, Independent Director
Gary Weitman, Executive Officer
Diane Kniowski, Senior Vice President and Regional Manager of Nexstar Broadcasting, Inc.
Lee Gliha, Executive CFO
Thomas Carter, CFO and Executive VP
Julie Pruett, Senior Vice President Regional Manager - West Region Markets
Theresa Underwood, Senior Vice President and Regional Manager

Nexstar Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nexstar Broadcasting a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Nexstar Broadcasting is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Nexstar Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Nexstar Broadcasting Group Stock. Highlighted below are key reports to facilitate an investment decision about Nexstar Broadcasting Group Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Nexstar Broadcasting Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
You can also try the CEOs Directory module to screen CEOs from public companies around the world.

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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
9.64
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.