Gray Media (GTN) 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
Gray Media (GTN) has outperformed Nexstar Media Group (NXST) over the past year, losing 11.5% versus a loss of 19.0%. Over five years, NXST leads with a +7.6% price change compared with -80.3% for GTN. Nexstar Media Group is the larger company by market cap ($4.97 billion vs $467.5 million), about 10.6 times the size.
Gray Media offers the higher dividend yield (7.05% vs 4.61%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GTN | NXST |
|---|---|---|
| Share price | $4.54 | $161.45 |
| Market cap | $467.55M | $4.97B |
| 1-day change | -6.00% | -0.41% |
| YTD return | -6.20% | -20.49% |
| 1-year return | -11.50% | -18.95% |
| 5-year return | -80.27% | +7.64% |
| P/E ratio (TTM) | — | 30.69 |
| Forward P/E | — | 6.93 |
| EPS (TTM) | $-0.58 | $5.26 |
| Dividend yield | 7.05% | 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 | $6.44 | $254.30 |
| 52-week low | $3.55 | $153.17 |
| Distance from 52-week high | -29.50% | -36.51% |
| Analyst consensus | buy | strong_buy |
| Avg. price target upside | +43.17% | +52.83% |
| Average volume | 1.10M | 352.78K |
| Shares outstanding | 93.12M | 30.81M |
| Employees | 9,165 | — |
| Sector | Industrials | Industrials |
| Industry | Broadcasting | Broadcasting |
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 10.6 times larger than Gray Media by market value ($4.97B vs $467.55M).
- Gray Media offers a meaningfully higher dividend yield (7.05% vs 4.61%).
About Gray Media
GTN 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.
Industrials · 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 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 $467.55M for Gray Media (GTN).
Which stock has performed better over the past year, GTN or NXST?
GTN returned -11.50% over the past 12 months, compared with -18.95% for NXST (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 7.05%, 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 Industrials sector.