NewsNation Parent Nexstar Raises Dividend Despite Q1 Revenue Decline, Stock Soars

NexStar Media Group, Inc. (NASDAQ: NXST) trading shares above Thursday. The company has reported that the net revenues of the first quarter of the fiscal year decreased by 3.9 % on an annual basis (Y/Y) to $ 1.234 billion, which is what AlignmentS with consensus.

NexStar Media Group has a variety of media brands, including national TV networks such as CW, Newsnation and digital assets such as Hill and Newsnationnow.com.

Advertising revenues decreased by 10.2 % year on an annual basis to $ 460 million due to a decrease in $ 32 million in political declaration and a reduction of $ 20 million in non -political advertising revenues on advertising markets.

Distribution revenues remained almost on an annual basis at $ 762 million. This part of the annual rates of the rate, the height of the VMVPD subscribers, and the CW additions.

Also read: NexStar shares decrease as the short seller warns of “Kodak Moment”

The modified Ebitda decreased by 15.7 % on an annual basis to $ 381 million, and the margin was contracted to 30.9 % from 35.2 % last year.

The share profitability was $ 3.37, a decrease of $ 5.16 in the previous quarter, but won the estimation of the consensus of $ 3.35.

The total free cash flow was 348 million dollars, a decrease of 389 million dollars in the previous quarter of the previous year. As of March 31, 2025, Cash amounted to $ 253 million.

Profit distributionsThe Board of Directors raised the quarterly cash profits by 10 % to $ 1.86 per share, due on June 2, to the record shareholders from May 19, 2025.

Re -purchase: The company reconfigured the shares of $ 75 million per quarter.

NEXSTAR CEO Perry a. Suk He said: “As the largest local broadcaster in the country, we use strategic on a large scale to push strong operating results and cash flow and facilitate organic growth initiatives and we raise an increase in CW and NewSnation to the higher level networks.”

“With regard to the balance in 2025, we are still focusing on renewing the distribution contracts, which represent about 60 % of the base of our subscribers in the total of this year, and continues our way towards profitability in CW, preparing for the political session 2026, and following the standard cancellation.”

Investors can expose the stock via Alpha architect us (Nasdaq: QVAL) and SmallCAP US SmallCAP (Nasdaq: QSML).

Price work: NexStar shares increased by 8.45 % to $ 169.07 at the last check on Thursday.

Read after that:

Image by metamorworks via Shutterstock

Next UP: Convert your trading using Benzinga Edge commercial ideas and tools. Click now to reach unique visions It can put you on the competitive market today.