GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Nexstar Media Group
Nexstar Media is the largest owner of local television stations in the United States. Its stock price reflects both stable revenue from retransmission fees from cable operators and the cyclical nature of political advertising during elections, which is a significant driver for the company.
Share prices of companies in the market segment - Media
Nexstar is the largest owner of local television stations in the United States. The company operates in the Media segment. The chart below shows the dynamics of this segment, where revenue from political advertising and retransmissions is struggling with declining traditional television viewing.
Broad Market Index - GURU.Markets
Nexstar Media is the largest owner of local television stations in the United States, as well as a cable and digital media operator. The company is a significant player in the media market and is a constituent of the GURU.Markets index. The chart below reflects the overall stock market performance. Compare it to Nexstar shares to understand how investors value the traditional media sector.
Change in the price of a company, segment, and market as a whole per day
NXST - Daily change in the company's share price Nexstar Media Group
The volatility of Nexstar Media Group (NXST), the largest local television operator in the US, is reflected in Change_Co, which is sensitive to advertising revenue (especially political advertising) and M&A activity. Change_Co is a measure of dependence on the media landscape and its regulation. This metric is important for formula modeling in the traditional media sector.
Daily change in the price of a set of shares in a market segment - Media
Nexstar Media Group, Inc. is the largest owner of local television stations in the United States. This chart shows the average daily volatility of the media sector. Comparison with NXST's performance helps assess how sensitive its business is to advertising revenue and retransmission fees.
Daily change in the price of a broad market stock, index - GURU.Markets
Nexstar is the largest owner of local television stations in the United States. Traditional media faces intense competition from digital platforms. The chart below shows average volatility in the media sector, allowing you to compare Nexstar's performance with overall trends.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Nexstar Media Group
Nexstar is the largest owner of local television stations in the United States. Its year-over-year performance reflects the state of the advertising market and its ability to monetize its audience in the streaming era. The chart below tells the story of this media giant.
Annual dynamics of market capitalization of the market segment - Media
Nexstar Media Group, Inc. is the largest owner of local television stations in the United States. Its business model, based on retransmission and local advertising revenue, provides it with a stable cash flow. This chart shows how its dominant position and adaptation to the digital era influence its performance in the media sector.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Nexstar, the largest owner of local television stations, has a unique business cycle that peaks during election years thanks to political advertising. Its stock price reflects this two-year cycle, superimposed on long-term trends in media consumption. This makes it less dependent on traditional economic cycles.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Nexstar Media Group
Nexstar, the largest owner of local television stations in the United States. The monthly fluctuations in the chart reflect advertising revenue, which is cyclical and dependent on political elections, as well as retransmission revenue from cable operators.
Monthly dynamics of market capitalization of the market segment - Media
This chart reflects the dynamics of the media sector, particularly the local broadcasting segment, where Nexstar is the largest player. Its movements demonstrate how advertising revenue (especially political advertising during election years) and retransmission fees impact the entire industry.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Nexstar is the largest owner of local television stations in the United States. The company is a major player in local advertising and news. The chart below shows general market trends. How does this traditional media business fare in the era of streaming?
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Nexstar Media Group
Nexstar Media, the largest owner of local television stations in the US, is reacting to the advertising market. Weekly stock performance reflects revenue from political and local advertising, as well as commission negotiations with cable and satellite operators.
Weekly dynamics of market capitalization of the market segment - Media
Nexstar, like other local TV station owners, is heavily dependent on the advertising market. Political advertising cycles are particularly important during election years, creating a general wave across the sector. The chart below shows how closely NXST's performance follows these predictable industry cycles.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Nexstar, as a media company, can exhibit dynamics that differ from the broader market. Its revenues are heavily dependent on political advertising cycles, which don't align with economic cycles, which can lead to desynchronization with the indexes. The chart will show when NXST is operating independently and when it's following the broader market.
Market capitalization of the company, segment and market as a whole
NXST - Market capitalization of the company Nexstar Media Group
Nexstar Media's chart reflects the strength and challenges of traditional television in the US. As the largest owner of local TV stations, the company's market capitalization reflects how investors value advertising and retransmission revenue in the streaming era. It's a story about how local news remains a vital media asset.
NXST - Share of the company's market capitalization Nexstar Media Group within the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States. Its share of the media sector's market capitalization reflects its massive audience reach and dominance in local news. The chart below shows how investors assess its ability to generate advertising and retransmission revenue in the streaming era.
Market capitalization of the market segment - Media
Nexstar Media is the largest owner of local television stations in the United States. The chart below shows the overall market capitalization of the media sector. Its dynamics reflect the competition between traditional television and streaming services for advertising budgets and viewer attention.
Market capitalization of all companies included in a broad market index - GURU.Markets
Nexstar Media Group is the largest owner of local television stations in the United States. The company's market capitalization reflects the value of local content and news in an era dominated by global streaming services. On a media industry scale, its value reflects the continued importance of traditional television broadcasting, particularly in the regions.
Book value capitalization of the company, segment and market as a whole
NXST - Book value capitalization of the company Nexstar Media Group
Nexstar's book value is the largest television network in the United States. It reflects the real value of its broadcast licenses, studio equipment, transmitters, and real estate assets across the country. The chart below tells the story of how the company built its media empire through acquisitions, becoming a leader in local television broadcasting.
NXST - Share of the company's book capitalization Nexstar Media Group within the market segment - Media
Nexstar Media Group owns and operates hundreds of television stations across America. These studios, transmitters, and offices are its main physical assets. The S_BCap_Seg chart shows the enormous share of physical broadcasting infrastructure in the US that Nexstar controls.
Market segment balance sheet capitalization - Media
Below you can see the total book value of the media sector. Against this backdrop, Nexstar, as the largest owner of local TV stations in the US, is very capital-intensive. Its business requires owning and maintaining a vast network of broadcast towers and studios across the country.
Book value of all companies included in the broad market index - GURU.Markets
Nexstar Media Group is the largest owner of local television stations in the United States. The company's assets include hundreds of television studios, transmitters, and broadcast licenses. The company's balance sheet reflects the value of this vast and influential media infrastructure. The BCap_All chart shows the entire economy, and Nexstar shapes its information landscape.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Nexstar Media Group
Nexstar's balance sheet is the value of its massive network of local TV stations. Market valuations, when they are below book value, reflect investor fears about the demise of traditional television. The MvsBCap_Co chart shows the tension between its massive current cash flow and an uncertain future.
Market to book capitalization ratio in a market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States. Its assets include broadcast licenses and content. The chart shows how the market assesses its ability to generate advertising and retransmission revenue in the digital media era.
Market to book capitalization ratio for the market as a whole
Nexstar Media Group is the largest owner of local television stations and national television networks in the United States. The company's business combines traditional broadcasting with the development of digital platforms. This chart helps assess how the market perceives media companies in the era of digital transformation, based on the overall market valuation of all assets.
Debts of the company, segment and market as a whole
NXST - Company debts Nexstar Media Group
Nexstar Media Group, the largest owner of local TV stations in the US, uses debt to pursue growth through acquisitions. This chart illustrates how the company is aggressively acquiring TV stations and other media assets. They see debt as a key tool for industry consolidation, expanding audience reach, and strengthening their bargaining power with advertisers.
Market segment debts - Media
Nexstar Media Group is the largest owner of local television stations in the United States. Despite competition from streaming services, local television remains an important source of news. This chart shows how the company is managing its debt, which was accumulated through numerous acquisitions that consolidated the industry.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States. This chart shows how the company has used debt financing for its aggressive market consolidation. Its high debt level is the result of numerous acquisitions and is supported by stable cash flow from advertising and retransmission fees from cable operators.
Market segment debt to market segment book capitalization - Media
Nexstar Media Group is the largest owner of local television stations in the United States. This chart shows the debt dynamics in the media sector. It helps assess how a company that grew through acquisitions is managing its significant debt and adapting to declining traditional television viewing by developing digital platforms and new revenue streams.
Debt to book value of all companies in the market
Nexstar Media, the largest owner of local television stations. This chart shows the market's overall debt load. It helps assess how a company that grew through acquisitions and carries significant debt manages its finances in an environment where the overall economic situation could impact advertising revenue, its primary source of income.
P/E of the company, segment and market as a whole
P/E - Nexstar Media Group
This chart shows the valuation of Nexstar Media, the largest owner of local television stations in the US. The company's P/E is driven by advertising revenue and retransmission fees from cable operators. Its growth is often driven by political advertising cycles during elections, which generate huge revenue for the company.
P/E of the market segment - Media
This chart shows the average P/E valuation for media companies. For Nexstar, the largest owner of local TV stations, it's an important benchmark. Comparing its P/E to the average helps understand how investors view its business model, which benefits from political advertising and retransmission fees but suffers from audience churn.
P/E of the market as a whole
Nexstar Media Group is the largest owner of local television stations in the United States. The company is a key source of local news and wields significant influence in the political advertising market. This market valuation chart provides insight into how investors value the traditional television business in an era dominated by streaming services and digital media.
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States, as well as the national channel NewsNation. The company's future revenue depends on the advertising market and retransmission fees from cable operators. This chart shows how the market views the resilience of traditional television in the digital age and the company's diversification strategy.
Future (projected) P/E of the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States. The company also owns the national television channel NewsNation and other media assets. This chart shows average expectations for the media sector, which helps understand how the market views the prospects of traditional broadcasting in the era of streaming and the decline of cable TV.
Future (projected) P/E of the market as a whole
Nexstar Media Group is the largest owner of local television stations in the United States. Their revenue comes from advertising and retransmission fees from cable operators. This graph of overall expectations reflects the health of the advertising market. Economic optimism is encouraging companies to spend more on advertising, especially at the local level, where Nexstar has a dominant position.
Profit of the company, segment and market as a whole
Company profit Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States. This chart shows how the company monetizes its audience. Revenue comes from advertising, cable retransmission fees, and digital platform revenue. Political elections lead to a surge in advertising revenue, creating a certain cyclicality.
Profit of companies in the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States. The company's profitability depends on advertising revenue and retransmission fees from cable operators. This chart shows how, despite the shift of viewers to streaming, local news and sports continue to generate stable cash flows, supporting the profitability of traditional media.
Overall market profit
Nexstar Media Group is the largest owner of local television stations in the United States. The company's business depends on advertising revenue and retransmission fees from cable operators. Its financial results are a barometer of the local advertising market, which is sensitive to overall economic conditions and also reflects political cycles due to elections.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States, and also owns the national network The CW. The company's profit forecast depends on advertising revenue (especially political advertising during election years) and cable subscription fees. This chart reflects analysts' expectations for the future of local television in the era of streaming.
Future (predicted) profit of companies in the market segment - Media
Nexstar Media Group is the largest owner of television stations in the United States. The company also owns the NewsNation cable network and digital media assets. Its business is a blend of traditional broadcasting and new media. This chart shows profitability forecasts for the media sector. It reflects how Nexstar is managing the shift of viewers from traditional TV to streaming services.
Future (predicted) profit of the market as a whole
Nexstar is the largest owner of local television stations in the United States. Its revenue comes from advertising and retransmission fees from cable operators. This graph, reflecting profit expectations, influences the advertising budgets of local businesses. Economic growth encourages companies to spend more on advertising, which directly increases Nexstar's revenue, especially during election years.
P/S of the company, segment and market as a whole
P/S - Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the US. Its revenue comes from advertising, retransmission fees from cable operators, and political advertising. The chart shows how the market views this model, which faces challenges from streaming but still generates significant cash flows.
P/S market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States, as well as a diversified media company with national networks and digital assets. The company's revenue comes from advertising, retransmission fees, and digital revenue. This chart shows the average valuation in the sector, allowing one to assess how the market values ββNexstar's scale and diversification.
P/S of the market as a whole
Nexstar Media Group is the largest owner of local television stations in the United States. The company also owns national networks and digital assets. Revenue is driven by advertising and retransmission fees. This chart shows how investors value revenue on average and provides insight into how traditional media business valuations differ from market trends.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States. This chart shows how investors estimate the company's future revenue from advertising and retransmission fees. It reflects expectations for the television advertising market, especially during election years, and the company's ability to negotiate favorable terms with cable operators.
Future (projected) P/S of the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States. This chart compares the company's estimated future revenue with the media sector. It reflects investor expectations for political advertising revenue during election years and Nexstar's ability to monetize its content in the digital age.
Future (projected) P/S of the market as a whole
The overall economic revenue forecast depends on the health of the media industry and the advertising market. Nexstar, as the largest owner of local television stations in the US, is a key player. Its advertising and retransmission revenues reflect both local business sentiment and general trends in media consumption, making them an important economic indicator.
Sales of the company, segment and market as a whole
Company sales Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States. Its revenue comes from two main sources: advertising and, more importantly, retransmission fees paid by cable and satellite operators for the right to carry its channels. This chart illustrates its bargaining power with pay-TV providers.
Sales of companies in the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States, as well as the cable news network NewsNation. This chart shows total revenue in the media sector. It reflects the state of the television advertising market and retransmission fees, which are the primary sources of revenue for Nexstar and the industry as a whole.
Overall market sales
Nexstar Media Group is the largest owner of local television stations in the United States. Its primary sources of revenue are advertising and retransmission fees from cable operators. Advertising revenue is highly sensitive to the health of the local economy. This graph of overall business activity is a good indicator of the advertising budgets of small and medium-sized businesses, which are Nexstar's primary clients.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States. Its revenue comes from advertising and retransmission fees from cable operators. The chart shows analysts' revenue forecasts, reflecting their expectations for the TV advertising market, especially during election years, and the dynamics of negotiations with pay-TV providers.
Future (projected) sales of companies in the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States. The company generates revenue from advertising, retransmission fees from cable operators, and its digital business. This chart shows projected revenue for the entire media sector, reflecting analyst expectations for the advertising market and trends in media content consumption (linear and digital).
Future (projected) sales of the market as a whole
Nexstar Media Group is the largest owner of local television stations in the United States. The company's revenue comes from advertising and retransmission fees from cable operators. Advertising revenue is highly sensitive to the state of the economy, as reflected in this chart, as during downturns, businesses cut marketing budgets, which directly impacts Nexstar's revenue.
Marginality of the company, segment and market as a whole
Company marginality Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States. This metric reflects the economics of the media business. It shows what share of advertising revenue, retransmission fees, and digital operations the company converts into net profit. Its dynamics are influenced by political cycles (advertising) and negotiations with cable operators.
Market segment marginality - Media
Nexstar Media Group is the largest owner of local television stations in the United States. The company successfully monetizes its content through advertising and retransmission fees from cable operators. This chart demonstrates Nexstar's high operating efficiency, reflecting its dominant market position and ability to generate significant cash flow from its media assets.
Market marginality as a whole
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Employees in the company, segment and market as a whole
Number of employees in the company Nexstar Media Group
Nexstar Media Group is the largest owner of local television stations in the United States, as well as the NewsNation cable network. This chart shows its vast staff of journalists, producers, engineers, and advertising salespeople. The company's growth is driven by station acquisitions and investments in news and entertainment content production.
Share of the company's employees Nexstar Media Group within the market segment - Media
Nexstar Media Group is the largest owner of television stations in the United States. This chart illustrates its dominant position as an employer in the regional television sector. Thousands of the company's journalists, camera operators, and technicians create local news and content for millions of Americans across the country.
Number of employees in the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the US and also operates the cable channel NewsNation. This chart shows overall employment in the media sector. It illustrates the challenges facing traditional broadcasting and the importance of local news. Nexstar is leveraging its scale to effectively navigate this changing landscape.
Number of employees in the market as a whole
Nexstar Media Group is the largest owner of local television stations in the United States. This chart shows how the media company manages its massive workforce of journalists and technicians across the country. Staff growth often stems from the acquisition of new stations, allowing the company to expand its audience reach and revenue from advertising and rebroadcasting.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Nexstar Media Group (NXST)
Nexstar Media Group is the largest owner of television stations in the US. This chart illustrates its capital-intensive media business model. Its primary assets are broadcast licenses and station infrastructure. The company's per-employee ratio will be high, reflecting the value of these unique assets.
Market capitalization per employee (in thousands of dollars) in the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States. It is an asset-heavy business, with its value coming from its broadcast licenses and its ability to generate advertising and retransmission revenue. This metric, compared to the industry average, reflects the volume of these assets per employee.
Market capitalization per employee (in thousands of dollars) for the overall market
Nexstar Media Group is the largest owner of local television stations in the United States. Despite competition from streaming, local television remains an important source of news. This metric reflects the company's ability to generate advertising and retransmission revenue while effectively managing a large number of media assets across the country.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Nexstar Media Group (NXST)
Nexstar Media Group is the largest owner of local television stations in the United States. They also own the NewsNation cable network. Their business consists of selling local advertising and receiving retransmission fees from cable operators. This chart shows how effectively they monetize their broadcast assets and staff.
Profit per employee (in thousands of dollars) in the market segment - Media
Nexstar (NXST) is the largest owner of local TV stations (local news) and the cable channel NewsNation in the US. This chart shows the benchmark for "Media." This benchmark in "old" media (TV) is under pressure. Revenue per employee depends on advertising and retransmission fees (payments from cable operators).
Profit per employee (in thousands of dollars) for the market as a whole
Nexstar (NXST) is the largest owner of local television stations in the United States. They also own the national cable network NewsNation and digital media assets. This chart shows how profitable a traditional media business, balancing content creation and broadcast management, is per employee compared to the average labor productivity in the economy.
Sales to employees of the company, segment and market as a whole
Sales per company employee Nexstar Media Group (NXST)
For Nexstar Media Group, the largest owner of local television stations in the US, this chart demonstrates the strength of its media assets. Revenue per employee is generated by advertising, cable retransmission fees, and a growing digital presence, reflecting its audience reach.
Sales per employee in the market segment - Media
Nexstar Media Group is the largest owner of local television stations in the United States. Their business is focused on producing local content and selling advertising. This metric reflects average revenue per employee by segment. It allows us to assess how effectively Nexstar monetizes its media assets through its journalists and advertising sales compared to other media holdings.
Sales per employee for the market as a whole
Nexstar (NXST) is the largest owner of local television stations in the US. This metric reflects how effectively they monetize their broadcasts (through advertising and retransmission fees). Their high revenue per employee (journalist, technician) speaks to the strength of their network and their ability to generate revenue in the digital media era, despite competition from streaming.
Short shares by company, segment and market as a whole
Shares shorted by company Nexstar Media Group (NXST)
Nexstar Media Group is the largest owner of local television stations in the United States. The company faces a structural threat of cord-cutting, but its revenue is supported by cyclical cash injections. This chart reflects investor bets that long-term audience declines will outweigh short-term political advertising revenue during election years.
Shares shorted by market segment - Media
Nexstar (NXST) is the largest owner of local television stations in the US, as well as the NewsNation cable network. They rely on advertising revenue and retransmission fees. This chart shows the overall short position in the traditional media sector, reflecting investors' bets that cord-cutting and the shift of advertising to the internet will accelerate.
Shares shorted by the overall market
Nexstar Media (NXST) is the largest owner of local TV stations in the US. The company's revenue depends on advertising and retransmission fees. When Short_All rises, it signals recession fears. During a correction, the first thing businesses do is cut advertising budgetsβa direct hit to NXST's core revenue, even though its local news remains in demand.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Nexstar Media Group (NXST)
Nexstar is the largest owner of local TV stations in the US. Their business is advertising and retransmission fees (from cable operators). This chart measures momentum. An election year (political advertising) or a new contract with a cable operator (rising fees) can trigger euphoria, pushing this chart into overbought territory (above 70).
RSI 14 Market Segment - Media
Nexstar Media Group, Inc. is the largest owner of local television stations in the United States. The company also owns the national network The CW and the cable channel NewsNation, and is actively developing digital media. This chart measures the combined momentum of the traditional and digital media sectors. It helps understand how investors view the prospects of broadcast television in the streaming era and how NXST is adapting to it.
RSI 14 for the overall market
Nexstar (NXST) is the largest owner of local television stations in the United States. Their primary income comes from advertising and retransmission fees from cable operators. The advertising business is highly cyclical. This indicator, by indicating euphoria or panic, predicts advertising budgets. During periods of optimism (high values), companies actively spend on advertising. During periods of panic (low values), advertising budgets are the first to be cut.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast NXST (Nexstar Media Group)
Nexstar Media Group (NXST) is the largest owner of local television stations in the United States. The company also owns the national cable network NewsNation and digital assets. The chart shows the average price target. It reflects analysts' estimates of political advertising revenue (during election years), retransmission fees, and business diversification.
The difference between the consensus estimate and the actual stock price NXST (Nexstar Media Group)
Nexstar is the largest owner of local TV stations in the US (affiliates of ABC, CBS, Fox, and NBC). This chart shows the difference between the consensus forecast and the price. It reflects whether analysts believe political advertising revenue (during election years) and retransmission fees will outweigh the loss of viewership from broadcast.
Analyst consensus forecast for stock prices by market segment - Media
Nexstar (NXST) is the largest owner of local TV stations in the US (ABC, CBS, NBC, Fox). The company also owns the national cable channel NewsNation. This chart shows analysts' overall expectations for the entire media sector. It reflects whether experts believe local TV will survive in the streaming era.
Analysts' consensus forecast for the overall market share price
Nexstar Media Group (NXST) is the largest owner of local television stations in the United States. Their primary revenue comes from advertising (especially political advertising) and fees from cable operators. This graph of overall market sentiment is important. Advertising is a cyclical business. During recessions (pessimism), companies cut budgets, which hurts Nexstar's revenue in non-political years.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Nexstar Media Group
Nexstar is the largest owner of local television stations in the US (affiliates of ABC, CBS, NBC, and Fox). They also own the national network The CW and the portal The Hill. This chart is a barometer of legacy media. It reflects their two main sources of income: stable retransmission fees from cable operators and cyclical revenue from political advertising during election years.
AKIMA Market Segment Index - Media
Nexstar (NXST) is the king of local TV; it's the largest owner of local television stations in the US (ABC, CBS in the regions), as well as the owner of The CW cable network. This composite metric measures companies. The chart shows the sector average. It's a benchmark: how does Nexstar's scale (and cash flow) differentiate it from the average media competitor?
The AKIM Index for the overall market
Nexstar is the largest owner of local TV stations in the US (affiliates of ABC and CBS). Its business consists of cable operator fees (stable) and political advertising (cyclical). This chart, reflecting the market average, is the backdrop. It helps assess how this old but profitable media business compares to the overall macroeconomic picture.