Nexstar Maintains Dividend While Prioritizing TEGNA Acquisition
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An announcement from Nexstar Media Group ( (NXST) ) is now available.
On January 30, 2026, Nexstar Media Group announced that its board declared a quarterly cash dividend of $1.86 per share on its common stock, payable on February 27, 2026 to shareholders of record as of February 13, 2026. The board chose to maintain the current dividend rate while signaling that excess cash will be directed toward financing the pending accretive acquisition of TEGNA and/or debt reduction, underscoring a capital allocation strategy that balances shareholder returns with strategic growth and deleveraging; the company highlighted that its dividend yield of 3.59% places it in the upper tier of S&P 400 dividend payers, though future payouts will remain subject to quarterly board review.
The most recent analyst rating on (NXST) stock is a Buy with a $225.00 price target. To see the full list of analyst forecasts on Nexstar Media Group stock, see the NXST Stock Forecast page.
Spark’s Take on NXST Stock
According to Spark, TipRanks’ AI Analyst, NXST is a Neutral.
Nexstar Media Group’s overall stock score is driven by strong valuation metrics and positive technical indicators. While the company’s profitability is solid, challenges in revenue growth and high leverage pose risks. The recent earnings call and corporate events provide a mixed but generally positive outlook, supporting a moderately favorable stock score.
To see Spark’s full report on NXST stock, click here.
More about Nexstar Media Group
Nexstar Media Group, Inc. is a leading diversified U.S. media company that produces and distributes local and national news, sports and entertainment content across television and digital platforms. It owns the nation’s largest local television broadcasting group, with more than 200 owned or partner stations in 116 markets reaching 220 million people, and national properties including The CW network, NewsNation, the Antenna TV and Rewind TV multicast networks, and a 31.3% stake in TV Food Network. Its digital portfolio, which includes local station sites, The Hill and NewsNationNow.com, ranks as a Top 10 U.S. digital news and information property.
Average Trading Volume: 311,125
Technical Sentiment Signal: Buy
Current Market Cap: $6.44B
Learn more about NXST stock on TipRanks’ Stock Analysis page.
