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Hot Stocks
Nexstar transfers option to buy E.W. Scripps' CW affiliate WPIX to Mission » 08:37
07/13/20
07/13
08:37
07/13/20
08:37
NXST

Nexstar

$79.90 /

+3.89 (+5.12%)

, SSP

E.W. Scripps

$8.90 /

+0.69 (+8.40%)

The E.W. Scripps Company…

The E.W. Scripps Company (SSP) has been informed that Nexstar Media Group (NXST) has transferred its option to purchase Scripps' New York CW affiliate WPIX to Mission Broadcasting and that Mission has exercised its option to purchase the station. The option price is $75M plus accrued interest, to be calculated on the period between the Sept. 19, 2019, purchase date of WPIX by Scripps and the option sale closing date. Scripps purchased WPIX as part of its acquisition of eight television stations in seven markets from Nexstar. Those stations were being divested in connection with Nexstar's acquisition of Tribune Media in September 2019. In its purchase agreement with Nexstar, Scripps granted Nexstar the option to buy back WPIX. The option was exercisable from March 31, 2020, through the end of 2021. Nexstar assigned its option to Mission Broadcasting, and Mission has exercised the option. Pending execution of a definitive purchase agreement and FCC approval, the transaction is expected to close later this year. Scripps will remain the nation's fourth-largest independent TV station owner, with 59 stations in 41 markets. The company intends to use cash from the sale of Stitcher, the presidential election year political ad revenue and the sale of WPIX to pay down debt, Scripps Executive Vice President and CFO Lisa Knutson said.

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SSP E.W. Scripps
$8.90 /

+0.69 (+8.40%)

NXST Nexstar
$79.90 /

+3.89 (+5.12%)

NXST Nexstar
$79.90 /

+3.89 (+5.12%)

06/22/20 Benchmark
Nexstar price target raised to $125 from $120 at Benchmark
05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
SSP E.W. Scripps
$8.90 /

+0.69 (+8.40%)

07/07/20
Stitcher would help Sirius 'future-proof' business, says B. Riley FBR
06/25/20 Benchmark
Benchmark sees material benefits if E.W. Scripps sells Stitcher
03/03/20 Wells Fargo
Disney price target lowered to $155 from $180 at Wells Fargo
12/11/19 Guggenheim
Guggenheim says Nexstar, Gray best positioned for 'record' political cycle
SSP E.W. Scripps
$8.90 /

+0.69 (+8.40%)

NXST Nexstar
$79.90 /

+3.89 (+5.12%)

SSP E.W. Scripps
$8.90 /

+0.69 (+8.40%)

SSP E.W. Scripps
$8.90 /

+0.69 (+8.40%)

Over a week ago
Conference/Events
Nexstar management to meet virtually with Barrington » 04:55
07/09/20
07/09
04:55
07/09/20
04:55
NXST

Nexstar

$81.79 /

-1.26 (-1.52%)

Virtual meeting to be…

Virtual meeting to be held on July 9 hosted by Barrington.

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NXST Nexstar
$81.79 /

-1.26 (-1.52%)

NXST Nexstar
$81.79 /

-1.26 (-1.52%)

06/22/20 Benchmark
Nexstar price target raised to $125 from $120 at Benchmark
05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
NXST Nexstar
$81.79 /

-1.26 (-1.52%)

Conference/Events
Nexstar management to meet virtually with Barrington » 14:19
07/07/20
07/07
14:19
07/07/20
14:19
NXST

Nexstar

$83.67 /

-2.38 (-2.77%)

Virtual meeting to be…

Virtual meeting to be held on July 9 hosted by Barrington.

ShowHide Related Items >><<
NXST Nexstar
$83.67 /

-2.38 (-2.77%)

NXST Nexstar
$83.67 /

-2.38 (-2.77%)

06/22/20 Benchmark
Nexstar price target raised to $125 from $120 at Benchmark
05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
NXST Nexstar
$83.67 /

-2.38 (-2.77%)

Recommendations
Nexstar price target raised to $125 from $120 at Benchmark » 07:33
06/22/20
06/22
07:33
06/22/20
07:33
NXST

Nexstar

$86.26 /

-1.975 (-2.24%)

Benchmark analyst Daniel…

Benchmark analyst Daniel Kurnos raised the firm's price target on Nexstar to $125 from $120 and keeps a Buy rating on the shares after recent meetings with management that left him "incrementally more optimistic" about the company's near-term and long-term prospects. Despite ongoing uncertainty related to the pandemic, Kurnos believes the core continues to recover sequentially and the political segment "looks to be the record we thought it would be," the analyst tells investors.

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NXST Nexstar
$86.26 /

-1.975 (-2.24%)

NXST Nexstar
$86.26 /

-1.975 (-2.24%)

05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
04/14/20 Wells Fargo
Nexstar price target lowered to $81 from $149 at Wells Fargo
NXST Nexstar
$86.26 /

-1.975 (-2.24%)

Conference/Events
Nexstar management to virtually meet with Benchmark » 04:55
06/17/20
06/17
04:55
06/17/20
04:55
NXST

Nexstar

$88.00 /

+0.84 (+0.96%)

Virtual Meeting to be…

Virtual Meeting to be held on June 17 hosted by Benchmark.

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NXST Nexstar
$88.00 /

+0.84 (+0.96%)

NXST Nexstar
$88.00 /

+0.84 (+0.96%)

05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
04/14/20 Wells Fargo
Nexstar price target lowered to $81 from $149 at Wells Fargo
NXST Nexstar
$88.00 /

+0.84 (+0.96%)

Conference/Events
Nexstar management to virtually meet with Benchmark » 10:49
06/16/20
06/16
10:49
06/16/20
10:49
NXST

Nexstar

$91.63 /

+4.47 (+5.13%)

Virtual Meeting to be…

Virtual Meeting to be held on June 17 hosted by Benchmark.

ShowHide Related Items >><<
NXST Nexstar
$91.63 /

+4.47 (+5.13%)

NXST Nexstar
$91.63 /

+4.47 (+5.13%)

05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
04/14/20 Wells Fargo
Nexstar price target lowered to $81 from $149 at Wells Fargo
NXST Nexstar
$91.63 /

+4.47 (+5.13%)

Over a month ago
Hot Stocks
Nexstar in pact with Comcast's FreeWheel to use its Strata platform » 15:04
06/15/20
06/15
15:04
06/15/20
15:04
NXST

Nexstar

$87.21 /

+3.76 (+4.51%)

, CMCSA

Comcast

$39.89 /

+0.44 (+1.12%)

Nexstar Digital (NXST)…

Nexstar Digital (NXST) announced that it has entered into a multiyear agreement with FreeWheel, A Comcast Company (CMCSA), to use its Strata platform. The new agreement provides advertisers and agency partners easy access to Nexstar's premium digital inventory and the ability to send orders electronically directly in their Strata workflow. The simple inventory access points and automated order delivery will drive increased efficiency and performance throughout the buying process. "FreeWheel is committed to delivering easy access to premium OTT and digital video inventory directly in the user workflow while reducing transactional friction through applied automation in the ordering process," said Jamie Donnenfeld, VP of Partnership Solutions at FreeWheel. "As a wholly owned subsidiary of Nexstar Media Group, the nation's largest local broadcaster with significant digital use, Nexstar Digital offers brands and advertisers broad consumer reach throughout the U.S., and we're delighted to facilitate our clients' access to Nexstar's full digital inventory to drive accelerated performance across their video campaigns." As part of the new agreement, FreeWheel has integrated easy access points for Nexstar Digital's video and OTT inventory into its Strata platform. As a result, agencies can now use Strata to discover, customize and access the complete suite of Nexstar Media Group's digital advertising inventory. By tapping into Nexstar Digital's first-party data, technology and creative, advertisers and political candidates gain the ability to deliver messages directly to audiences across geographies. "Our agreement with FreeWheel is consistent with our priority to help our clients optimize high campaign volumes with precise targeting," said Wil Danielson, Head of Revenue, Nexstar Digital. "By accessing Nexstar's digital inventory and first-party data, marketers can seamlessly move budgets between linear and digital platforms, ensuring they reach the right consumers at the right moments."

ShowHide Related Items >><<
NXST Nexstar
$87.21 /

+3.76 (+4.51%)

CMCSA Comcast
$39.89 /

+0.44 (+1.12%)

NXST Nexstar
$87.21 /

+3.76 (+4.51%)

05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
04/14/20 Wells Fargo
Nexstar price target lowered to $81 from $149 at Wells Fargo
CMCSA Comcast
$39.89 /

+0.44 (+1.12%)

06/10/20 Citi
Comcast price target raised to $48 from $43 at Citi
05/19/20
Fly Intel: Top five analyst downgrades
05/19/20 Guggenheim
Guggenheim downgrades Comcast to Neutral on challenging 'new normal'
05/19/20 Guggenheim
Comcast downgraded to Neutral from Buy at Guggenheim
NXST Nexstar
$87.21 /

+3.76 (+4.51%)

CMCSA Comcast
$39.89 /

+0.44 (+1.12%)

CMCSA Comcast
$39.89 /

+0.44 (+1.12%)

CMCSA Comcast
$39.89 /

+0.44 (+1.12%)

CMCSA Comcast
$39.89 /

+0.44 (+1.12%)

Conference/Events
Wells Fargo to hold a virtual conference » 09:54
06/09/20
06/09
09:54
06/09/20
09:54
SSP

E.W. Scripps

$11.36 /

+ (+0.00%)

, TGNA

Tegna

$12.43 /

-0.51 (-3.94%)

, NXST

Nexstar

$97.26 /

-3.56 (-3.53%)

, IHRT

iHeartMedia

$11.13 /

-0.42 (-3.64%)

, HMTV

Hemisphere Media

$10.75 /

+ (+0.00%)

, GTN

Gray Television

$16.64 /

-0.4 (-2.35%)

, ETM

Entercom

$2.25 /

-0.2 (-8.16%)

2020 Wells Fargo Virtual…

2020 Wells Fargo Virtual NAB Conference will be held on June 9. Webcast Link

ShowHide Related Items >><<
TGNA Tegna
$12.43 /

-0.51 (-3.94%)

SSP E.W. Scripps
$11.36 /

+ (+0.00%)

NXST Nexstar
$97.26 /

-3.56 (-3.53%)

IHRT iHeartMedia
$11.13 /

-0.42 (-3.64%)

HMTV Hemisphere Media
$10.75 /

+ (+0.00%)

GTN Gray Television
$16.64 /

-0.4 (-2.35%)

ETM Entercom
$2.25 /

-0.2 (-8.16%)

SSP E.W. Scripps
$11.36 /

+ (+0.00%)

03/03/20 Wells Fargo
Disney price target lowered to $155 from $180 at Wells Fargo
12/11/19 Guggenheim
Guggenheim says Nexstar, Gray best positioned for 'record' political cycle
09/23/19 Wells Fargo
E.W. Scripps initiated with an Outperform at Wells Fargo
08/12/19 Guggenheim
E.W. Scripps price target lowered to $14 from $22 at Guggenheim
TGNA Tegna
$12.43 /

-0.51 (-3.94%)

04/16/20 Wells Fargo
Tegna price target lowered to $11 from $18 at Wells Fargo
04/13/20 JPMorgan
Tegna price target lowered to $13 from $19 at JPMorgan
04/03/20 Barrington
Tegna price target lowered to $15 from $20 at Barrington
01/17/20 Argus
Tegna price target raised to $21 from $17 at Argus
NXST Nexstar
$97.26 /

-3.56 (-3.53%)

05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
04/14/20 Wells Fargo
Nexstar price target lowered to $81 from $149 at Wells Fargo
IHRT iHeartMedia
$11.13 /

-0.42 (-3.64%)

04/23/20 Guggenheim
iHeartMedia price target lowered to $10 from $21.50 at Guggenheim
04/15/20 Barrington
iHeartMedia price target lowered to $12 from $20 at Barrington
04/02/20 Wolfe Research
iHeartMedia downgraded to Peer Perform from Outperform at Wolfe Research
04/01/20
Fly Intel: Top five analyst downgrades
HMTV Hemisphere Media
$10.75 /

+ (+0.00%)

10/13/19 Wells Fargo
Hemisphere Media initiated with an Outperform at Wells Fargo
GTN Gray Television
$16.64 /

-0.4 (-2.35%)

03/30/20 Barrington
Gray Television price target lowered to $20 from $30 at Barrington
02/25/20 Benchmark
Gray Television pullback presents attractive entry point, says Benchmark
01/17/20 Guggenheim
Nexstar, Gray best positioned for 2020 election, says Guggenheim
ETM Entercom
$2.25 /

-0.2 (-8.16%)

04/23/20 Guggenheim
Entercom price target lowered to $3.50 from $7 at Guggenheim
04/07/20 B. Riley FBR
Entercom downgraded to Neutral from Buy at B. Riley FBR
04/02/20 Wolfe Research
Entercom downgraded to Peer Perform from Outperform at Wolfe Research
09/23/19 Wells Fargo
Entercom initiated with a Market Perform at Wells Fargo
TGNA Tegna
$12.43 /

-0.51 (-3.94%)

SSP E.W. Scripps
$11.36 /

+ (+0.00%)

NXST Nexstar
$97.26 /

-3.56 (-3.53%)

IHRT iHeartMedia
$11.13 /

-0.42 (-3.64%)

HMTV Hemisphere Media
$10.75 /

+ (+0.00%)

GTN Gray Television
$16.64 /

-0.4 (-2.35%)

ETM Entercom
$2.25 /

-0.2 (-8.16%)

TGNA Tegna
$12.43 /

-0.51 (-3.94%)

SSP E.W. Scripps
$11.36 /

+ (+0.00%)

IHRT iHeartMedia
$11.13 /

-0.42 (-3.64%)

HMTV Hemisphere Media
$10.75 /

+ (+0.00%)

GTN Gray Television
$16.64 /

-0.4 (-2.35%)

TGNA Tegna
$12.43 /

-0.51 (-3.94%)

IHRT iHeartMedia
$11.13 /

-0.42 (-3.64%)

GTN Gray Television
$16.64 /

-0.4 (-2.35%)

TGNA Tegna
$12.43 /

-0.51 (-3.94%)

IHRT iHeartMedia
$11.13 /

-0.42 (-3.64%)

Conference/Events
Gabelli to hold a virtual conference » 08:17
06/04/20
06/04
08:17
06/04/20
08:17
EROS

Eros International

$3.55 /

+0.13 (+3.80%)

, GTN

Gray Television

$15.49 /

+1.125 (+7.83%)

, MANU

Manchester United

$17.42 /

+0.19 (+1.10%)

, MCS

Marcus

$15.30 /

+0.73 (+5.01%)

, NXST

Nexstar

$92.87 /

+5.6 (+6.42%)

, RDI

Reading International

$4.30 /

+0.54 (+14.36%)

, RHP

Ryman Hospitality

$40.44 /

+3.24 (+8.71%)

, SSP

E.W. Scripps

$9.62 /

+0.76 (+8.58%)

, VIAC

ViacomCBS

$22.70 /

+0.86 (+3.94%)

12th Annual Entertainment…

12th Annual Entertainment & Broadcasting Virtual Conference will be held on June 4.

ShowHide Related Items >><<
VIAC ViacomCBS
$22.70 /

+0.86 (+3.94%)

SSP E.W. Scripps
$9.62 /

+0.76 (+8.58%)

RHP Ryman Hospitality
$40.44 /

+3.24 (+8.71%)

RDI Reading International
$4.30 /

+0.54 (+14.36%)

NXST Nexstar
$92.87 /

+5.6 (+6.42%)

MCS Marcus
$15.30 /

+0.73 (+5.01%)

MANU Manchester United
$17.42 /

+0.19 (+1.10%)

GTN Gray Television
$15.49 /

+1.125 (+7.83%)

EROS Eros International
$3.55 /

+0.13 (+3.80%)

EROS Eros International
$3.55 /

+0.13 (+3.80%)

06/11/19 Citi
Eros International price target lowered to $6.50 from $13 at Citi
GTN Gray Television
$15.49 /

+1.125 (+7.83%)

03/30/20 Barrington
Gray Television price target lowered to $20 from $30 at Barrington
03/03/20 Wells Fargo
Disney price target lowered to $155 from $180 at Wells Fargo
02/25/20 Benchmark
Gray Television pullback presents attractive entry point, says Benchmark
01/17/20 Guggenheim
Nexstar, Gray best positioned for 2020 election, says Guggenheim
MANU Manchester United
$17.42 /

+0.19 (+1.10%)

MCS Marcus
$15.30 /

+0.73 (+5.01%)

04/17/20 B. Riley FBR
White House guidelines give some clarity to film exhibitors, says B. Riley FBR
04/15/20 Benchmark
Marcus upgraded to Buy on long-term optimism at Benchmark
04/15/20 Benchmark
Marcus upgraded to Buy from Hold at Benchmark
04/01/20 B. Riley FBR
Marcus price target lowered to $16 from $19 at B. Riley FBR
NXST Nexstar
$92.87 /

+5.6 (+6.42%)

05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
04/14/20 Wells Fargo
Nexstar price target lowered to $81 from $149 at Wells Fargo
RDI Reading International
$4.30 /

+0.54 (+14.36%)

RHP Ryman Hospitality
$40.44 /

+3.24 (+8.71%)

05/11/20 Deutsche Bank
Deutsche keeps Buy on Ryman despite 'shiny new' videoconferencing 'toys'
04/07/20 Wells Fargo
Ryman Hospitality price target lowered to $44 from $68 at Wells Fargo
04/07/20 Citi
Ryman Hospitality downgraded to Neutral from Buy at Citi
04/03/20 Raymond James
Ryman Hospitality price target lowered to $45 from $65 at Raymond James
SSP E.W. Scripps
$9.62 /

+0.76 (+8.58%)

12/11/19 Guggenheim
Guggenheim says Nexstar, Gray best positioned for 'record' political cycle
09/23/19 Wells Fargo
E.W. Scripps initiated with an Outperform at Wells Fargo
08/12/19 Guggenheim
E.W. Scripps price target lowered to $14 from $22 at Guggenheim
VIAC ViacomCBS
$22.70 /

+0.86 (+3.94%)

05/11/20
Fly Intel: Top five analyst upgrades
05/11/20 Barrington
Barrington upgrades ViacomCBS on 'significant upside' potential
05/11/20 Barrington
ViacomCBS upgraded to Outperform from Market Perform at Barrington
05/08/20 JPMorgan
ViacomCBS risk/reward attractive after positive updates, says JPMorgan
VIAC ViacomCBS
$22.70 /

+0.86 (+3.94%)

SSP E.W. Scripps
$9.62 /

+0.76 (+8.58%)

RHP Ryman Hospitality
$40.44 /

+3.24 (+8.71%)

NXST Nexstar
$92.87 /

+5.6 (+6.42%)

MCS Marcus
$15.30 /

+0.73 (+5.01%)

GTN Gray Television
$15.49 /

+1.125 (+7.83%)

VIAC ViacomCBS
$22.70 /

+0.86 (+3.94%)

SSP E.W. Scripps
$9.62 /

+0.76 (+8.58%)

MANU Manchester United
$17.42 /

+0.19 (+1.10%)

GTN Gray Television
$15.49 /

+1.125 (+7.83%)

VIAC ViacomCBS
$22.70 /

+0.86 (+3.94%)

MCS Marcus
$15.30 /

+0.73 (+5.01%)

GTN Gray Television
$15.49 /

+1.125 (+7.83%)

EROS Eros International
$3.55 /

+0.13 (+3.80%)

VIAC ViacomCBS
$22.70 /

+0.86 (+3.94%)

EROS Eros International
$3.55 /

+0.13 (+3.80%)

Conference/Events
Nexstar management to meet virtually with B. Riley FBR » 04:55
05/28/20
05/28
04:55
05/28/20
04:55
NXST

Nexstar

$85.15 /

+1.67 (+2.00%)

Virtual Meeting to be…

Virtual Meeting to be held on May 28 hosted by B. Riley FBR,.

ShowHide Related Items >><<
NXST Nexstar
$85.15 /

+1.67 (+2.00%)

NXST Nexstar
$85.15 /

+1.67 (+2.00%)

05/07/20 Wells Fargo
Nexstar price target raised to $88 from $81 at Wells Fargo
05/07/20 B. Riley FBR
Nexstar price target raised to $115 from $110 at B. Riley FBR
05/05/20 B. Riley FBR
Nexstar price target lowered to $110 from $139 at B. Riley FBR
04/14/20 Wells Fargo
Nexstar price target lowered to $81 from $149 at Wells Fargo
NXST Nexstar
$85.15 /

+1.67 (+2.00%)

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