Correlation
The correlation between TGNA and NXST is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
TGNA vs. NXST
Compare and contrast key facts about TEGNA Inc. (TGNA) and Nexstar Media Group, Inc. (NXST).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGNA or NXST.
Performance
TGNA vs. NXST - Performance Comparison
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Key characteristics
TGNA:
0.52
NXST:
0.26
TGNA:
1.06
NXST:
0.74
TGNA:
1.13
NXST:
1.10
TGNA:
0.38
NXST:
0.50
TGNA:
2.27
NXST:
1.15
TGNA:
8.67%
NXST:
11.13%
TGNA:
34.10%
NXST:
34.62%
TGNA:
-97.40%
NXST:
-96.66%
TGNA:
-35.39%
NXST:
-11.80%
Fundamentals
TGNA:
$2.71B
NXST:
$5.19B
TGNA:
$2.83
NXST:
$19.43
TGNA:
5.97
NXST:
8.78
TGNA:
0.98
NXST:
0.58
TGNA:
0.88
NXST:
0.97
TGNA:
0.89
NXST:
2.29
TGNA:
$3.07B
NXST:
$5.36B
TGNA:
$1.27B
NXST:
$3.13B
TGNA:
$871.44M
NXST:
$2.12B
Returns By Period
In the year-to-date period, TGNA achieves a -7.93% return, which is significantly lower than NXST's 10.37% return. Over the past 10 years, TGNA has underperformed NXST with an annualized return of 1.21%, while NXST has yielded a comparatively higher 14.23% annualized return.
TGNA
-7.93%
3.02%
-9.68%
17.50%
-6.14%
9.95%
1.21%
NXST
10.37%
15.08%
2.21%
8.89%
2.66%
18.90%
14.23%
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Risk-Adjusted Performance
TGNA vs. NXST — Risk-Adjusted Performance Rank
TGNA
NXST
TGNA vs. NXST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for TEGNA Inc. (TGNA) and Nexstar Media Group, Inc. (NXST). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
TGNA vs. NXST - Dividend Comparison
TGNA's dividend yield for the trailing twelve months is around 2.99%, less than NXST's 4.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGNA TEGNA Inc. | 2.99% | 2.67% | 2.73% | 1.79% | 1.91% | 2.01% | 1.68% | 2.58% | 2.13% | 2.62% | 2.35% | 2.51% |
NXST Nexstar Media Group, Inc. | 4.17% | 4.28% | 3.44% | 2.06% | 1.85% | 2.05% | 1.54% | 1.91% | 1.53% | 1.52% | 1.29% | 1.16% |
Drawdowns
TGNA vs. NXST - Drawdown Comparison
The maximum TGNA drawdown since its inception was -97.40%, roughly equal to the maximum NXST drawdown of -96.66%. Use the drawdown chart below to compare losses from any high point for TGNA and NXST.
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Volatility
TGNA vs. NXST - Volatility Comparison
The current volatility for TEGNA Inc. (TGNA) is 7.26%, while Nexstar Media Group, Inc. (NXST) has a volatility of 10.11%. This indicates that TGNA experiences smaller price fluctuations and is considered to be less risky than NXST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
TGNA vs. NXST - Financials Comparison
This section allows you to compare key financial metrics between TEGNA Inc. and Nexstar Media Group, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
TGNA vs. NXST - Profitability Comparison
TGNA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, TEGNA Inc. reported a gross profit of 239.06M and revenue of 680.05M. Therefore, the gross margin over that period was 35.2%.
NXST - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Nexstar Media Group, Inc. reported a gross profit of 683.00M and revenue of 1.23B. Therefore, the gross margin over that period was 55.4%.
TGNA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, TEGNA Inc. reported an operating income of 109.02M and revenue of 680.05M, resulting in an operating margin of 16.0%.
NXST - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Nexstar Media Group, Inc. reported an operating income of 220.00M and revenue of 1.23B, resulting in an operating margin of 17.8%.
TGNA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, TEGNA Inc. reported a net income of 57.92M and revenue of 680.05M, resulting in a net margin of 8.5%.
NXST - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Nexstar Media Group, Inc. reported a net income of 108.00M and revenue of 1.23B, resulting in a net margin of 8.8%.