NXST (Nexstar Media Group) Momentum Rank : 7 (As of Mar. 29, 2025)

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What is Nexstar Media Group Momentum Rank?

Nexstar Media Group has the Momentum Rank of 7.

Momentum Rank measures the strength and persistence of a stock's price movement over time, rated on a scale of 1 to 10.

For Momentum Rank, we considered the residual momentum concept that was widely studied by Blitz and his colleagues as well as by Nobel Prize laureates Fama and French. However, we did not find any significant differences in the performances of stocks with different ranks of residual momentum. Therefore, we use traditional momentum instead.

Momentum Rank is determined using the standardized momentum ratio and other momentum indicators. The standardized momentum ratio is the average of the performances from 12 months ago to 1 month ago and 6 months ago to 1 month ago, divided by the beta of the stock over the past 12 months. To calculate the momentum ratio today, we would use the average of the two performance numbers.

For momentum, we found that stock price performance does not have a monotonic correlation with the momentum ratio. The stocks with the highest momentum ratios perform worse than those at about the 70th percentile. Therefore, for the momentum rank, we ranked the stocks at about the 70th percentile of the momentum ratio as the highest at 10.

A higher score reflects strong price momentum and indicates greater potential for superior performance. Conversely, a lower score indicates that momentum is either too high or too low, and stocks tend to underperform.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Nexstar Media Group's Momentum Rank

For the Broadcasting subindustry, Nexstar Media Group's Momentum Rank, along with its competitors' market caps and Momentum Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nexstar Media Group's Momentum Rank Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Momentum Rank distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's Momentum Rank falls into.

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Nexstar Media Group Momentum Rank Related Terms

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Nexstar Media Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nexstar Media Group Inc (NAS:NXST) » Definitions » Momentum Rank

Comparable Companies

Traded in Other Exchanges

NXZ:Germany NXZ:Germany

Address

545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062

Website

https://www.nexstar.tv

Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number two partner for NBC and number three for ABC. The firm maintains stations in 13 of the top 20 television markets and reaches 68% of US TV households. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.

Executives

Brett Jenkins	officer: Chief Technology Officer	C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, STE 700, IRVING TX 75062
Dana Zimmer	officer: President, Distribution	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Gary Weitman	officer: See Remarks	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Perry A Sook	director, officer: Chief Executive Officer	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Charles Thomas Mcmillen	director	1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
Lee Ann Gliha	officer: EVP, Chief Financial Officer	545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Bernadette S. Aulestia	director	203 EAST MAIN STREET, SPARTANBURG SC 29319
Lisbeth Mcnabb	director	C/O NEXSTAR BROADCASTING GROUP, INC., 909 LAKE CAROLYN PARKWAY, IRVING TX 75039-3906
John R Muse	director	2100 MCKINNEY AVENUE, SUITE 1600, DALLAS TX 75201
Andrew Alford	officer: See Remarks	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Blake Russell	officer: Vice President, Marketing	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Jay M. Grossman	director	C/O ABRY PARTNERS, LLC, 888 BOYLSTON STREET, BOSTON MA 02199
D Geoffrey Armstrong	director	5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Rachel Morgan	officer: EVP General Counsel	545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Michael Biard	officer: President & COO	C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062