Head to Head Comparison: Nexstar Broadcasting Group (NXST) vs. Its Competitors
Nexstar Broadcasting Group (NASDAQ: NXST) is one of 15 publicly-traded companies in the “Television Broadcasting” industry, but how does it weigh in compared to its peers? We will compare Nexstar Broadcasting Group to related companies based on the strength of its analyst recommendations, dividends, valuation, institutional ownership, risk, profitability and earnings.
Valuation & Earnings
This table compares Nexstar Broadcasting Group and its peers gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||NetIncome||Price/Earnings Ratio|
|Nexstar Broadcasting Group||$1.10 billion||$91.53 million||24.98|
|Nexstar Broadcasting Group Competitors||$3.48 billion||$571.33 million||42.71|
Nexstar Broadcasting Group’s peers have higher revenue and earnings than Nexstar Broadcasting Group. Nexstar Broadcasting Group is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.
Institutional and Insider Ownership
68.9% of shares of all “Television Broadcasting” companies are held by institutional investors. 8.4% of Nexstar Broadcasting Group shares are held by insiders. Comparatively, 8.2% of shares of all “Television Broadcasting” companies are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock is poised for long-term growth.
Nexstar Broadcasting Group pays an annual dividend of $1.20 per share and has a dividend yield of 1.8%. Nexstar Broadcasting Group pays out 45.1% of its earnings in the form of a dividend. As a group, “Television Broadcasting” companies pay a dividend yield of 1.5% and pay out 23.6% of their earnings in the form of a dividend.
This is a summary of current recommendations for Nexstar Broadcasting Group and its peers, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Nexstar Broadcasting Group||0||0||9||0||3.00|
|Nexstar Broadcasting Group Competitors||85||548||499||4||2.37|
Nexstar Broadcasting Group currently has a consensus target price of $83.67, suggesting a potential upside of 25.91%. As a group, “Television Broadcasting” companies have a potential upside of 20.75%. Given Nexstar Broadcasting Group’s stronger consensus rating and higher possible upside, equities analysts clearly believe Nexstar Broadcasting Group is more favorable than its peers.
Risk & Volatility
Nexstar Broadcasting Group has a beta of 2.24, suggesting that its share price is 124% more volatile than the S&P 500. Comparatively, Nexstar Broadcasting Group’s peers have a beta of 1.56, suggesting that their average share price is 56% more volatile than the S&P 500.
This table compares Nexstar Broadcasting Group and its peers’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Nexstar Broadcasting Group||5.60%||16.20%||2.49%|
|Nexstar Broadcasting Group Competitors||11.20%||95.07%||6.14%|
Nexstar Broadcasting Group peers beat Nexstar Broadcasting Group on 9 of the 15 factors compared.
Nexstar Broadcasting Group Company Profile
Nexstar Media Group, Inc., formerly Nexstar Broadcasting Group, Inc., is a television broadcasting and digital media company. The Company is focused on the acquisition, development and operation of television stations and interactive community Websites, and digital media services in medium-sized markets in the United States. The Company’s segments include Broadcasting and Other. The Company’s broadcast segment includes television stations and related community-focused Websites that it owns, operates, programs or provides sales and other services to in various markets across the United States. The other activities of the Company include corporate functions, eliminations and other operations. As of December 31, 2016, it owned, operated, programmed or provided sales and other services to 104 full power television stations in 62 markets in the states of Alabama, Arizona, Arkansas, California, Colorado, Florida, New York, Utah, Vermont, Virginia, West Virginia and Wisconsin, among others.
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