NASDAQ: NXST
Nexstar Media Group Inc Stock Forecast, Predictions & Price Target

Analyst price target for NXST

Based on 2 analysts offering 12 month price targets for Nexstar Media Group Inc.
Min Forecast
$185.00+8.82%
Avg Forecast
$185.50+9.12%
Max Forecast
$186.00+9.41%

Should I buy or sell NXST stock?

Based on 2 analysts offering ratings for Nexstar Media Group Inc.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

NXST stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wells Fargo
Top 25%
76
Strong BuyMaintains$186.00+9.41%2021-11-03Find out why
Deutsche Bank
Top 23%
78
Strong BuyMaintains$185.00+8.82%2021-07-02

1 of 1

Forecast return on equity

Is NXST forecast to generate an efficient return?
Company
52.25%
Industry
169.45%
Market
55.19%
NXST's Return on Equity is... subscribe to Premium to read more.
Forecast

Forecast return on assets

Is NXST forecast to generate an efficient return on assets?
Company
10.3%
Industry
15.69%
NXST is forecast to generate... subscribe to Premium to read more.
Forecast

NXST earnings per share forecast

What is NXST's earnings per share in the next 3 years based on estimates from 3 analysts?
Avg 1 year Forecast
$25.87+19.77%
Avg 2 year Forecast
$22.46+3.98%
Avg 3 year Forecast
$33.46+54.91%
NXST's earnings are forecast to... subscribe to Premium to read more.
Forecast

NXST revenue forecast

What is NXST's revenue in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$5.2B+9.76%
Avg 2 year Forecast
$5.3B+10.01%
Avg 3 year Forecast
$5.9B+22.61%
NXST's revenue is forecast to... subscribe to Premium to read more.
Forecast

NXST earnings growth forecast

How is NXST forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
11.35%
Industry
27.67%
Market
22.54%
NXST's earnings are forecast to... subscribe to Premium to read more.
Forecast
NXST's earnings are forecast to... subscribe to Premium to read more.
Forecast
NXST's earnings are forecast to... subscribe to Premium to read more.
Forecast

NXST revenue growth forecast

How is NXST forecast to perform vs Consumer Cyclical companies and vs the US market?
Company
6.56%
Industry
39.59%
Market
17.13%
NXST's revenues are forecast to... subscribe to Premium to read more.
Forecast
NXST's revenues are forecast to... subscribe to Premium to read more.
Forecast

Nexstar Media Group Stock Forecast FAQ

Is Nexstar Media Group Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NASDAQ: NXST) stock is to Strong Buy NXST stock.

Out of 2 analysts, 2 (100%) are recommending NXST as a Strong Buy, 0 (0%) are recommending NXST as a Buy, 0 (0%) are recommending NXST as a Hold, 0 (0%) are recommending NXST as a Sell, and 0 (0%) are recommending NXST as a Strong Sell.

What is NXST's earnings growth forecast for 2022-2024?

(NASDAQ: NXST) Nexstar Media Group's forecast annual earnings growth rate of 11.35% is not forecast to beat the US Consumer Cyclical industry's average forecast earnings growth rate of 27.67%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 22.54%.

Nexstar Media Group's earnings in 2022 is $934,822,000.On average, 3 Wall Street analysts forecast NXST's earnings for 2022 to be $1,057,856,249, with the lowest NXST earnings forecast at $961,761,847, and the highest NXST earnings forecast at $1,214,060,767. On average, 2 Wall Street analysts forecast NXST's earnings for 2023 to be $918,417,138, with the lowest NXST earnings forecast at $821,913,824, and the highest NXST earnings forecast at $1,014,920,453.

In 2024, NXST is forecast to generate $1,368,220,723 in earnings, with the lowest earnings forecast at $1,368,220,723 and the highest earnings forecast at $1,368,220,723.

What is NXST's revenue growth forecast for 2022-2024?

(NASDAQ: NXST) Nexstar Media Group's forecast annual revenue growth rate of 6.56% is not forecast to beat the US Consumer Cyclical industry's average forecast revenue growth rate of 39.59%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 17.13%.

Nexstar Media Group's revenue in 2022 is $4,779,144,000.On average, 2 Wall Street analysts forecast NXST's revenue for 2022 to be $214,501,311,334, with the lowest NXST revenue forecast at $214,494,973,193, and the highest NXST revenue forecast at $214,507,649,475. On average, 2 Wall Street analysts forecast NXST's revenue for 2023 to be $214,988,734,855, with the lowest NXST revenue forecast at $214,351,853,870, and the highest NXST revenue forecast at $215,625,615,840.

In 2024, NXST is forecast to generate $239,615,276,678 in revenue, with the lowest revenue forecast at $239,615,276,678 and the highest revenue forecast at $239,615,276,678.

What is NXST's forecast return on assets (ROA) for 2022-2024?

(NASDAQ: NXST) forecast ROA is 10.3%, which is lower than the forecast US Consumer Cyclical industry average of 15.69%.

What is NXST's Price Target?

According to 2 Wall Street analysts that have issued a 1 year NXST price target, the average NXST price target is $185.50, with the highest NXST stock price forecast at $186.00 and the lowest NXST stock price forecast at $185.00.

On average, Wall Street analysts predict that Nexstar Media Group's share price could reach $185.50 by Nov 3, 2022. The average Nexstar Media Group stock price prediction forecasts a potential upside of 9.12% from the current NXST share price of $170.00.

What is NXST's Earnings Per Share (EPS) forecast for 2022-2024?

(NASDAQ: NXST) Nexstar Media Group's current Earnings Per Share (EPS) is $21.60. On average, analysts forecast that NXST's EPS will be $25.87 for 2022, with the lowest EPS forecast at $23.52, and the highest EPS forecast at $29.69. On average, analysts forecast that NXST's EPS will be $22.46 for 2023, with the lowest EPS forecast at $20.10, and the highest EPS forecast at $24.82. In 2024, NXST's EPS is forecast to hit $33.46 (min: $33.46, max: $33.46).

What is NXST's forecast return on equity (ROE) for 2022-2024?

(NASDAQ: NXST) forecast ROE is 52.25%, which is considered strong.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.