NXST
Nexstar Media Group, Inc. Communication Services - Broadcasting Investor Relations →
Nexstar Media Group, Inc. (NXST) closed at $221.27 as of 2026-02-02, trading 37.3% above its 200-week moving average of $161.14. The stock moved further from the line this week, up from 32.1% last week. The 14-week RSI sits at 69, indicating neutral momentum.
Over the past 1110 weeks of data, NXST has crossed below its 200-week moving average 13 times. On average, these episodes lasted 21 weeks. Historically, investors who bought NXST at the start of these episodes saw an average one-year return of +52.4%.
With a market cap of $6.7 billion, NXST is a mid-cap stock. The company generates a free cash flow yield of 17.8%, which is notably high. Return on equity stands at 21.3%, indicating strong profitability. The stock trades at 2.9x book value.
The company has been aggressively buying back shares, reducing its share count by 24.9% over the past three years.
Over the past 21.3 years, a hypothetical investment of $100 in NXST would have grown to $3643, compared to $870 for the S&P 500. That represents an annualized return of 18.4% vs 10.7% for the index — confirming NXST as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 1.3% compound annual rate, with 4 consecutive years of positive cash generation.
Growth of $100: NXST vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NXST Crosses Below the Line?
Across 13 historical episodes, buying NXST when it crossed below its 200-week moving average produced an average return of +38.2% after 12 months (median +44.0%), compared to +20.1% for the S&P 500 over the same periods. 83% of those episodes were profitable after one year. After 24 months, the average return was +75.9% vs +41.9% for the index.
Each line shows $100 invested at the moment NXST crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NXST has crossed below its 200-week MA 13 times with an average 1-year return of +52.4% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Nov 2004 | Feb 2007 | 119 | 52.7% | -42.1% | +4091.9% |
| Mar 2008 | Apr 2010 | 109 | 90.6% | -90.0% | +4502.8% |
| Jun 2010 | Jul 2010 | 4 | 10.1% | +82.1% | +6391.6% |
| Aug 2010 | Sep 2010 | 7 | 25.3% | +77.3% | +6873.6% |
| Nov 2010 | Nov 2010 | 2 | 7.8% | +94.6% | +6161.7% |
| Jan 2011 | Feb 2011 | 2 | 7.5% | +72.5% | +6109.9% |
| Feb 2016 | Feb 2016 | 1 | 1.6% | +91.7% | +697.4% |
| Mar 2020 | May 2020 | 9 | 33.7% | +216.1% | +427.3% |
| Sep 2023 | Sep 2023 | 1 | 2.3% | +25.5% | +81.1% |
| Oct 2023 | Oct 2023 | 1 | 1.4% | +25.7% | +78.3% |
| Oct 2023 | Oct 2023 | 1 | 2.2% | +31.3% | +79.0% |
| Jan 2025 | Feb 2025 | 7 | 3.0% | +44.4% | +53.3% |
| Mar 2025 | May 2025 | 5 | 4.9% | N/A | +48.5% |
| Average | 21 | — | +52.4% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02