Nexstar Media Group, Inc. (NASDAQ: NXST) is among the 11 Best Dividend Stocks with a Consistent 3-Year Payout History. Analysts have raised the price target on the stock following mixed second-quarter results and advanced acquisition talks.

Headquartered in Texas, Nexstar Media Group operates over 200 stations across 116 markets, producing news, sports, and entertainment content. In Q2 2025, the company reported a net revenue of $1.23 billion, a 3.2% decline year-over-year due to a decrease in political advertising revenue.

Nexstar Media Group is in advanced talks to acquire rival Tegna, boosting analyst confidence. Barrington raised the price target on the stock significantly to $225. The company offers a dividend yield of 3.68% and holds ownership stakes of 37 hedge funds.

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Read more at Yahoo Finance: Nexstar Media Group Surges with Acquisition Talks and Analyst Upgrade