82.40 0.00 (0.00%)
After hours: 4:51PM EDT
|Bid||82.42 x 900|
|Ask||85.59 x 1000|
|Day's Range||81.00 - 82.96|
|52 Week Range||43.37 - 133.25|
|Beta (5Y Monthly)||1.80|
|PE Ratio (TTM)||10.79|
|Earnings Date||Nov. 05, 2020|
|Forward Dividend & Yield||2.24 (2.72%)|
|Ex-Dividend Date||Nov. 05, 2020|
|1y Target Est||120.50|
Nexstar (NXST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NXST vs. NFLX: Which Stock Is the Better Value Option?
Nexstar Media Group, Inc. (NASDAQ: NXST) ("Nexstar " or the "Company") announced today that effective November 1, 2020 it will combine its two primary operating subsidiaries, merging Nexstar Digital LLC, and Nexstar Broadcasting, Inc. creating a new single operating subsidiary. As part of the corporate streamlining, Nexstar Broadcasting, Inc. will be renamed Nexstar Inc. The new operational structure will align the Company’s national leadership in local content production with management teams that are broadcasting and digital subject matter experts to maximize the value of Nexstar’s content, national reach and significant consumer digital usage across multiple platforms. Nexstar expects a mid-seven figure expense savings in 2021 as a result of the synergies, efficiencies, and streamlined reporting structure resulting from this realignment.