On August 14, 2025, Nexstar Media Group shares surged to an all-time high of $211.31, and then began a three-month downturn. Since then, however, Nasdaq-traded “NXST” has experienced a sharp rebound, with a strong upward trajectory that began in early December.
It hasn’t ceased, with 2026 starting with another near-record high for shares of the broadcast TV company that seeks to merge with TEGNA.
Ahead of Friday’s Opening Bell for U.S. financial markets, Nexstar shares were priced at $206.26, up 45 cents from Wednesday. That’s down from a $210.15 close seen on Monday, but marks an impressive 12.4% gain in share value over the last six months.
Better yet, NXST is trading at a price more than $24 per share higher than it did on November 14, 2025.
The share growth did not go unnoticed by financial blog Simply Wall St. On January 2, a Return on Equity (ROE) examination of Nexstar was employed.
Return on Equity is defined as Net Profit from continuing operations divided by shareholder equity. Based on that formula, the ROE for Nexstar Media Group is 21%, based on the trailing twelve months to September 2025. The “return,” Simply Wall St. explains, is the amount earned after tax over the last 12 months. “Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.21 in profit,” it says.
Is that good? ” Pleasingly, Nexstar Media Group has a superior ROE than the average (13%) in the media industry,” Simply Wall St. concludes.
Nexstar will report its Q4 2025 financial results on Thursday, February 26. Company leaders including CEO Perry Sook will host a conference call and webcast at 10am Eastern that morning to review the results for shareholders and Wall Street financial analysts.
