With another gain on Monday, Nexstar Media Group is on track to return to its all-time high seen on July 12. It’s forward momentum for a company with a lofty 1-year target estimate that went ex-dividend on August 9.
At the Closing Bell on Monday, Nexstar stock finished at $79.15, up 1% from Friday.
Volume was 395,311 shares; average volume is 687,203 shares.
Nexstar has a 1-year target estimate of $89.08; the forward dividend and yield is $1.50 (1.91%).
With a market cap of $3.6 billion, NXST peaked at $84 on July 12 before dipping to $73.05 at the beginning of August.
That’s not a huge deal for long-term Nexstar investors: On May 3 Nexstar sat at $61.20, after starting the year at $81.75.
How did other media companies fare on Wall Street today? Check out the Wall Street Report on the homepage of RBR.com for all of the details.
