MetaCap

Gray Media (GTN.A) vs Nexstar Media Group (NXST)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.

Summary

Nexstar Media Group (NXST) has outperformed Gray Media (GTN.A) over the past year, losing 19.0% versus a loss of 52.5%. Over five years, NXST leads with a +7.2% price change compared with -76.7% for GTN.A. Nexstar Media Group is the larger company by market cap ($4.97 billion vs $518.0 million), about 9.6 times the size.

Gray Media offers the higher dividend yield (6.36% vs 4.61%).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

GTN.A-52.50%NXST-18.62%
+37%-11%-60%
Oct 9, 20251 yearOct 8, 2026
GTN.A-77.49%NXST+5.21%
+71%-7%-85%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

GTN.A versus NXST key metrics
MetricGTN.ANXST
Share price$5.03$161.45
Market cap$518.01M$4.97B
1-day change0.00%-0.41%
YTD return-58.08%-20.49%
1-year return-52.50%-18.95%
5-year return-76.66%+7.20%
P/E ratio (TTM)—30.69
Forward P/E—6.93
EPS (TTM)$-0.58$5.26
Dividend yield6.36%4.61%
Annual dividend$0.32$7.44
Revenue (latest FY)—$4.95B
Revenue growth (YoY)—-8.47%
Net income (latest FY)—$109.00M
Operating margin—17.15%
Net margin—2.20%
52-week high$15.33$254.30
52-week low$4.71$153.17
Distance from 52-week high-67.19%-36.51%
Analyst consensus—strong_buy
Avg. price target upside—+52.83%
Average volume2.21K351.97K
Shares outstanding9.87M30.81M
Employees9,165—
SectorCommunication ServicesIndustrials
IndustryBroadcastingBroadcasting

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Nexstar Media Group is about 9.6 times larger than Gray Media by market value ($4.97B vs $518.01M).
  • NXST has outperformed GTN.A by 33.6 percentage points over the past year.
  • Gray Media offers a meaningfully higher dividend yield (6.36% vs 4.61%).
  • The two companies sit in different sectors: Gray Media in Communication Services and Nexstar Media Group in Industrials.

About Gray Media

GTN.A stock →

Gray Media, Inc., a multimedia company, owns and/or operates local television stations and digital assets in the United States. The company operates through Broadcasting, Production Companies, and Other segments.

Communication Services · Broadcasting · 9,165 employees

About Nexstar Media Group

NXST stock →

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes local and national news, sports, and entertainment contents on the television and digital platforms in the United States.

Industrials · Broadcasting

GTN.A vs NXST FAQ

Which is bigger, Gray Media or Nexstar Media Group?

Nexstar Media Group (NXST) is larger, with a market capitalization of $4.97B compared with $518.01M for Gray Media (GTN.A).

Which stock has performed better over the past year, GTN.A or NXST?

NXST returned -18.95% over the past 12 months, compared with -52.50% for GTN.A (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Gray Media or Nexstar Media Group?

Gray Media has the higher yield at 6.36%, compared with 4.61% for Nexstar Media Group.

Are Gray Media and Nexstar Media Group in the same industry?

Yes. Both are classified in the Broadcasting industry within the Communication Services sector.

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