NXST Stock Recent News

Tom Rogers, CNBC founder and Versant senior advisor, joins 'Power Lunch' to discuss Nexstar's deal with Tegna, if other companies could pursue mergers and much more.

Shares in local TV giant Tegna surged nearly 30% in mid-day trading Monday on news that leading station owner Nexstar is in advanced talks to acquire the company. A source familiar with the discussions confirmed them to Deadline. The valuation remains unclear for the time being, but it will be well into the billions.

Television broadcaster Nexstar Media Group is in advanced talks to acquire rival Tegna , a person familiar with the matter told Reuters on Friday.

Nexstar Media Group, Inc. (NASDAQ:NXST ) Q2 2025 Earnings Call August 7, 2025 10:00 AM ET Company Participants Lee Ann Gliha - Executive VP & CFO Michael Biard - President & COO Perry A. Sook - Founder, Chairman & CEO Conference Call Participants Alan Steven Gould - Loop Capital Markets LLC, Research Division Benjamin Soff - Deutsche Bank AG, Research Division Craig Anthony Huber - Huber Research Partners, LLC Daniel Louis Kurnos - The Benchmark Company, LLC, Research Division Jason Boisvert Bazinet - Citigroup Inc., Research Division Khadir Richie - Richie Investment Advisors, LLC Patrick William Sholl - Barrington Research Associates, Inc., Research Division Steven Lee Cahall - Wells Fargo Securities, LLC, Research Division Joseph N.

Nexstar Media Group (NXST -1.00%), one of the largest U.S. owners of local television stations, released its second quarter 2025 results on August 7, 2025. The main takeaway was higher-than-expected GAAP revenue of $1.23 billion, beating consensus by $18.7 million (GAAP), although both net income and profitability ratios slid from last year.

IRVING, Texas--(BUSINESS WIRE)--Nexstar reports second quarter Net Revenue of $1.23 billion, Adjusted EBITDA of $389 million and operational milestones at The CW and NewsNation.

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock.

IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group's television stations helped raise nearly $1.4 million to support recent Central Texas flooding recovery and relief efforts.

NXRT, UGI and NXST made it to the Zacks Rank #1 (Strong Buy) income stocks list on July 9, 2025.

MLCO, SVM, ATEYY, NXST and KOP have been added to the Zacks Rank #1 (Strong Buy) List on July 9, 2025.