Nexstar Broadcasting Group, Inc.(NXST): For the most recent quarter end, Nexstar Broadcasting Group, Inc. reported Annual Earnings of $0.78. Based on the filings, last years Annual Earnings was, $2.42. For the most recent quarter end, NXST reported a surprise Earnings per Share of -9.3% . The consensus estimate for current quarter is $1.37 and for the current fiscal year, the estimate is $3.62. For the Next fiscal year, the estimate is $3.49 based on the consensus.
Nexstar Broadcasting Group, Inc. has received $1.37 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $1.19 while the top line estimate is $1.45 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 59.3%. Nexstar Broadcasting Group, Inc. results fell short with a surprise EPS of -9.3% or $-0.08. The Actual EPS was $0.78 compared to the Estimated EPS of $0.86 during its most recent quarterly earnings.
Nexstar Broadcasting Group, Inc. has a Price to Earnings ratio of 21.66 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 7.73. For the Most Recent Fiscal Year, Nexstar Broadcasting Group, Inc. has a price to cash ratio of 10.42. For the Trailing twelve month period, company showed a Net Profit Margin of 9.39% and Return on Equity of the stock is 64.45%.
Nexstar Broadcasting Group, Inc. last declared its Dividend on Feb 08, 2017.
Nexstar Broadcasting Group Last issued its quarterly earnings results on Nov 8, 2016. The company reported $0.78 EPS for the quarter, missing the analyst consensus estimate by $ -0.09. Analyst had a consensus of $0.87. The company had revenue of $275.66 million for the quarter, compared to analysts expectations of $274.32 million. The companys revenue was up 23.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.54 EPS.
Company has reported several Insider transactions to the SEC, on Jan 17, 2017, Perry A Sook (CEO & President) sold 10,725 shares at 62.26 per share price.On Dec 28, 2016, Julie Pruett (SVP and Regional Manager) sold 7,000 shares at 63.23 per share price.On Dec 22, 2016, Thomas Obrien (EVP, CRO Digital Media) sold 3,699 shares at 63.50 per share price.
Nexstar Broadcasting Group, Inc. (NASDAQ:NXST) rose 1.71% or 1.15 points on Wednesday and made its way into the gainers of the day. After trading began at $66.95 the stock was seen hitting $69.55 as a peak level and $66.85 as the lowest level. The stock ended up at $68.5. The daily volume was measured at 723,531 shares. The 52-week high of the share price is $69.55 and the 52-week low is $38.33. The company has a market cap of $3,220 million.
Nexstar Broadcasting Group currently owns, operates, programs or provides sales and other services to television stations in the states of Illinois, Indiana, Maryland, Missouri, Montana, Texas, Pennsylvania, Louisiana, Arkansas, Alabama and New York. Nexstars television station group includes affiliates of NBC, CBS, ABC, FOX and UPN.