Nexstar Media Group Inc
NXST: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$217.00 | Sxpj | Vqrwjksr |
Nexstar Well Positioned to Capitalize on Political Ad Spending Growth; Raising FVE to $165
Business Strategy and Outlook
Nexstar is the largest television station owner/operator in the United States, with 197 stations in 115 markets. Of its 197 full-power stations, 158 are affiliated with the four national broadcasters: CBS (50), Fox (43), NBC (35), and ABC (30). The firm has networks in 15 of the top 20 television markets and reaches 63% of U.S. TV households.