In a landmark move set to reshape the American broadcast television landscape, Nexstar Media Group (NASDAQ: NXST) has announced its definitive agreement to acquire Tegna Inc. (NYSE: TGNA), a prominent owner of television stations, for $22.00 per share in an all-cash transaction. This colossal deal, valued at approximately $6.
Shares of broadcasting and digital media company TEGNA (NYSE:TGNA)
jumped 4.5% in the morning session after it announced a definitive agreement to be acquired by Nexstar Media Group (Nasdaq: NXST) in an all-cash deal.
TEGNA Inc. (NASDAQ:TGNA) shares are trading higher Monday following a report indicating Nexstar Media Group Inc (NASDAQ:NXST) is in talks to acquire the company.
Nexstar Media Group (NXST) reported Q2 2025 earnings with $1.23B revenue (slight miss) but beat EPS estimates at $3.06. Shares rose modestly as cost cuts offset ad declines. Political ad rebound expected in 2026.
NEXSTAR MEDIA GROUP (NASDAQ:NXST) appears undervalued with strong profitability, a high dividend yield, and solid past growth. A review of its fundamentals suggests potential for value investors.
A stock with low volatility can be reassuring, but it doesn’t always mean strong long-term performance.
Investors who prioritize stability may miss out on higher-reward opportunities elsewhere.
NEXSTAR MEDIA GROUP INC (NASDAQ:NXST) offers a strong 4.39% dividend yield, consistent growth, and solid profitability, making it a candidate for dividend investors.
Local broadcasting and digital media company Nexstar (NASDAQ:NXST) announced better-than-expected revenue in Q1 CY2025, but sales fell by 3.9% year on year to $1.23 billion. Its GAAP profit of $3.37 per share was 8.4% above analysts’ consensus estimates.
Looking back on broadcasting stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Nexstar Media (NASDAQ:NXST) and its peers.
