Dana Zimmer Sells Shares of Nexstar Media Group

Dana Zimmer, who serves as President of Distribution & Strategy at Nexstar Media Group, Inc., recently sold 876 shares of the company's stock. This transaction, valued at approximately $149,629.56, took place on June 16, 2026, at an average price of $170.81 per share. The sale was not part of a pre-scheduled trading plan.

Nexstar Media Group, Inc. Stock Down 6.1%

Shares of Nexstar Media Group, Inc. (NasdaqGS: NXST) are currently trading around $172.11. The company boasts a market capitalization of $5.26 billion and has a P/E ratio of 36.58. Its forward P/E is lower at 7.12, suggesting expected earnings growth. The stock's 52-week range is between $164.00 and $254.30, with a 50-day moving average of $191.62 and a 200-day moving average of $203.95. Nexstar has a current ratio of 1.76 and a quick ratio of 1.57, indicating solid short-term liquidity, although its debt-to-equity ratio is quite high at 576.20.

Recent Earnings

Nexstar Media Group reported revenue of $5.11 billion, reflecting a growth rate of 13.1%. The company's net margin stands at 3.23%, with a return on equity of 6.61%. Earnings per share (EPS) are reported at $4.71. The next earnings report is expected on August 6, 2026.

Dividend

Nexstar offers a dividend rate of $7.44 per share, yielding 4.32% annually. However, its dividend payout ratio is notably high at 157.63%, which may raise questions about sustainability.

Insider Buying and Selling at Nexstar Media Group, Inc.

On June 16, 2026, several other insiders at Nexstar Media Group also executed stock sales. Andrew Alford, President of Broadcasting, sold 746 shares, while Blake Russell, EVP of Operations, sold 261 shares. Brett Jenkins, EVP, Chief Technology & Digital Officer, sold 301 shares, and Gary Weitman, EVP, Chief Communications Officer, also sold 261 shares. Each transaction was at the same average price of $170.81.

Analysts Set New Price Targets

Analysts have been active in setting new price targets for Nexstar Media Group. On May 8, 2026, Wells Fargo maintained its 'buy' rating with a target price of $253. Barrington Research has also maintained a 'buy' rating, setting a high target of $290 on April 28, 2026. Citigroup upgraded the stock to a 'buy' with a target of $220 on April 10, 2026. Overall, the consensus target price is $251.63 among eight analysts.

About Nexstar Media Group

Nexstar Media Group, Inc., headquartered in Irving, Texas, operates as a diversified media company. It produces and distributes local and national news, sports, and entertainment content across television and digital platforms in the United States. Founded in 1996, the company owns and operates numerous television and radio stations and offers digital media solutions. Perry A. Sook serves as the CEO.

Bottom Line

Dana Zimmer's recent stock sale is a part of ongoing insider transactions at Nexstar Media Group. The company, with its diverse media operations, continues to attract attention from investors and analysts, given its market presence and financial metrics. As always, these insider activities and analyst ratings provide a window into the company's dynamics, though they're backward-looking and not necessarily indicative of future performance.