Nexstar Media Group(NXST) Shares Soar 0.95% to 2024 High

Nexstar Media Group(NXST) shares rose to their highest level since November 2024 today, with an intraday gain of 0.95%.

Nexstar Media Group, Inc. (NXST) has recently experienced significant positive momentum. On July 8, 2025, the company's shares surged, reflecting strong investor confidence. This surge was driven by a combination of factors, including the company's addition to the Zacks Rank #1 (Strong Buy) list, which indicates a positive outlook for the stock. This ranking is a testament to the company's strong financial performance and growth prospects, which have attracted the attention of investors.

Additionally, Nexstar Media Group, Inc. offers a dividend yield of 4.1%, which is notably higher than the industry average. This high dividend yield has the potential to attract income-focused investors, further boosting the stock's appeal. The combination of a strong buy rating and an attractive dividend yield has contributed to the recent positive sentiment surrounding NXST stock, making it an attractive option for investors seeking both growth and income.