| Nexstar Media Group is a television broadcasting and digital media company focused on the acquisition, development and operation of television stations and community websites and digital media services in medium-sized markets. Co. owned, operated, programmed or provided sales and other services to television stations, including those owned by variable interest entities in the states of Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Montana, Nevada, New Mexico, New York, North Carolina, North Dakota, Ohio, Oregon, Pennsylvania and Rhode Island. We show 38 historical shares outstanding datapoints in our NXST shares outstanding history coverage, used to compute NXST market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NXST market cap history over the course of time is important for investors
interested in comparing NXST's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of NXST versus a peer is one thing; comparing
NXST market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like NXST can fluctuate over the course of history.
With this page we aim to empower investors researching NXST by allowing them to research the NXST market cap history.