Last $51.42 USD
Change Today -0.03 / -0.06%
Volume 890.9K
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

nexstar broadcasting group-a (NXST) Key Developments

Nexstar Broadcasting and NBC Television Network Enter into Affiliation Agreement Renewals

Nexstar Broadcasting Group, Inc. announced that it has entered into a long-term affiliation agreement with the NBC Television Network which covers 16 of its owned or operated stations.

Nexstar Broadcasting Provides Third Extension to Dish Network Distribution Agreement Covering 60 Stations

Nexstar Broadcasting Group, Inc. announced that it has provided the third extension of its distribution agreement with DISH Network, L.L.C. allowing the satellite television provider the right to continue to air Nexstar’s highly rated programming until December 10. The agreement covers Nexstar’s broadcast platform inclusive of 60 network affiliated and local stations in 46 markets. DISH’s previous extension with Nexstar expires tonight at 11:59 p.m. ET.

Nexstar Broadcasting Group, Inc. Presents at Bank of America Merrill Lynch 2014 Leveraged Finance Conference, Dec-03-2014 10:10 AM

Nexstar Broadcasting Group, Inc. Presents at Bank of America Merrill Lynch 2014 Leveraged Finance Conference, Dec-03-2014 10:10 AM. Venue: Boca Raton Resort & Club, 501 East Camino Real, Boca Raton, Florida, United States. Speakers: Thomas E. Carter, Chief Financial Officer, Principal Accounting Officer and Executive Vice President.

Nexstar Broadcasting Group, Inc. Provides CapEx Guidance for the Full Year 2014

Nexstar Broadcasting Group, Inc. Provided CapEx guidance for the full year 2014. For the full year, the company expects and are budgeting CapEx of approximately $20 million to $22 million for 2014.

Nexstar Broadcasting Group, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Nexstar Broadcasting Group, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net revenue of $157,744,000 against $125,792,000 a year ago. Income from operations was $41,696,000 against $25,153,000 a year ago. Income before income taxes was $25,994,000 against $7,121,000 a year ago. Net income was $15,404,000 or $0.48 per diluted share against $3,595,000 or $0.11 per diluted share a year ago. Broadcast cash flow was $66,095,000 against $48,075,000 a year ago. Adjusted EBITDA was $57,415,000 against $41,393,000 a year ago. Capital expenditures were $4,790,000 against $4,373,000 a year ago. Free cash flow was $38,868,000 against $21,590,000 a year ago. For the nine months, the company reported net revenue of $438,507,000 against $364,208,000 a year ago. Income from operations was $104,338,000 against $71,163,000 a year ago. Income before income taxes was $57,801,000 against $19,511,000 a year ago. Net income was $33,701,000 or $1.05 per diluted share against $10,667,000 or $0.34 per diluted share a year ago. Broadcast cash flow was $175,408,000 against $137,697,000 a year ago. Adjusted EBITDA was $149,123,000 against $117,403,000 a year ago. Capital expenditures were $13,822,000 against $14,349,000 a year ago. Free cash flow was $94,502,000 against $54,722,000 a year ago. The consolidated total debt of at September 30, 2014, was $1,087.4 million and senior secured debt was $561.8 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NXST:US $51.42 USD -0.03

NXST Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Gray Television Inc $10.96 USD -0.22
Journal Communications Inc $11.21 USD +0.05
LIN Media LLC $25.00 USD -0.65
Media General Inc $17.36 USD -0.28
EW Scripps Co/The $21.77 USD +0.36
View Industry Companies
 

Industry Analysis

NXST

Industry Average

Valuation NXST Industry Range
Price/Earnings 74.2x
Price/Sales 2.8x
Price/Book 87.3x
Price/Cash Flow 13.7x
TEV/Sales 0.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NEXSTAR BROADCASTING GROUP-A, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.