With a market capitalization (market cap) of $5.58B — a measure of how much the company is worth — Nexstar Media Group, Inc. is the 1341st most valuable company in Communication Services as of August 18, 2026. Shares trade at $182.57, down +1.21% on the day.
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Nexstar Media Group, Inc. is a diversified U.S. media corporation focused on broadcast television and digital content. The company specializes in the strategic acquisition, development, and management of local television stations, along with operating interactive community-focused websites and a variety of digital media services. It provides no-cost programming to television viewers across the nation. By the end of 2020, Nexstar directly owned, operated, programmed, or offered sales and other services to 198 television stations. Furthermore, it extended sales, programming, and other support through local service agreements to an additional 37 independent power television stations. The company also furnishes advanced video and display advertising solutions, which can be deployed both locally and nationally across its own digital platforms and various third-party websites and mobile applications. Nexstar is also the proprietor of WGN America, a national cable channel featuring general entertainment. Its broad network of stations is affiliated with major broadcast networks such as ABC, NBC, FOX, CBS, The CW, and MyNetworkTV, among others. Originally known as Nexstar Broadcasting Group, Inc., the company adopted its current name, Nexstar Media Group, Inc., in January 2017. Founded in 1996, its corporate headquarters are located in Irving, Texas.
Visit websiteAs of August 18, 2026, Nexstar Media Group, Inc. (NXST) is worth $5.58B — this is its market capitalization, the total value of all its outstanding shares.
Nexstar Media Group, Inc.’s market cap is $5.58B, which ranks it #1341 among the most valuable companies in the Communication Services sector tracked on MarketCapLens.
Nexstar Media Group, Inc. (NXST) shares trade at $182.57, down 1.21% on the day, as of August 18, 2026.
Fundamentals are annual. Figures labeled with their fiscal year.
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Nexstar Media Group, Inc. trades at a price-to-earnings (P/E) ratio of 60.1, based on its latest share price and annual earnings per share.