NEXSTAR MEDIA GROUP, INC. (NXST)
Television Broadcasting Stations
Latest Price
$190.53
TTM P/E
40.37
Normalized P/E
12.34
Div Yield
3.90%
Book Value
71.38
P/B Ratio
2.67
Valuation metrics
adjust assumptions →EPS: $3.00
Book value / share: $68.06
Formula: √(22.5 × EPS × BVPS)
Graham Number
$67.78
64% downside
Norm. op. income: $1.2B (median of 7yr)
Tax rate: 29%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$76.44
60% downside
Base FCF: $1.1B (median of recent 5yr)
Growth: 10%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$656.86
+245% upside
EPS: $3.00
Target P/E: 12×
Formula: EPS × P/E
P/E Fair Value
$36.00
81% downside
Institutional Ownership
93.7% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 3.22M | $581.0M | 10.54% | +35.4K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.43M | $259.0M | 4.69% | -- | 2026-03-31 |
| DIMENSIONAL FUND ADVISORS LP | 1.39M | $251.0M | 4.55% | -13.8K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.29M | $232.0M | 4.21% | -- | 2026-03-31 |
| LSV ASSET MANAGEMENT | 1.01M | $182.0M | 3.30% | -68.6K | 2026-03-31 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 986.4K | $178.0M | 3.23% | -195.3K | 2026-03-31 |
| NEUBERGER BERMAN GROUP LLC | 904.8K | $163.0M | 2.96% | -128.4K | 2026-03-31 |
| STATE STREET CORP | 892.1K | $161.0M | 2.92% | +13.4K | 2026-03-31 |
| FULLER & THALER ASSET MANAGEMENT, INC. | 862.3K | $155.0M | 2.82% | -831 | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 822.5K | $148.0M | 2.69% | +49.1K | 2026-03-31 |