NASDAQ: NXST       Nexstar Broadcasting
Last Price Today's Change   Day's Range   Trading Volume
107.55   -0.66 (0.61%)  106.85 - 109.72  360,245


Avg Volume (4 weeks):427,926
4 Weeks Range:98.90 - 110.59
4 Weeks Price Volatility (%):
52 Weeks Range:70.53 - 119.93
52 Weeks Price Volatility (%):
Average Price Target: 52.00
Price Target Upside/Downside: -55.55


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Business Background

Nexstar Media Group Inc, formally known as Nexstar Broadcasting Group Inc prior to the acquisition of Modern Times Group MTG AB, is a television broadcasting company. The firm is divided into two segments: broadcasting and other. The broadcast group develops and operates television stations across the United States. The vast majority of Nexstar's stations are affiliates of national television networks that include ABC, CBS, Fox, and NBC. The broadcasting segment also generates revenue in the digital media platform through the streaming of its content. Nexstar generates the majority of its revenue within the United States.

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