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U.S. Broadcasting Industry Analysis

UpdatedMay 29, 2026
DataAggregated Company Financials
Companies19
  • 7D2.8%
  • 3M-0.8%
  • 1Y6.1%
  • YTDn/a

Fox is up 2.4%, leading the way for the Broadcasting industry, which has gained 2.8%. In the last 12 months, the industry was up 6.1%. Earnings are forecast to grow by 25% annually.

Latest News

PSKY
US$10.81
Paramount Skydance
7D
5.2%
1Y
-11.2%
TSQ
US$6.76
Townsquare Media
7D
3.8%
1Y
0.1%
FOXA
US$65.83
Fox
7D
2.4%
1Y
20.2%
MDIA
US$0.90
MediaCo Holding
7D
-1.5%
1Y
-20.6%
GTN
US$4.17
Gray Media
7D
1.0%
1Y
4.0%
EVC
US$9.38
Entravision Communications
7D
-1.3%
1Y
353.1%
Seeking Alpha • May 21

Entravision: The Broadcaster That Quietly Became An Ad-Tech Company

Summary Entravision Communications has transformed into a high-growth ad-tech platform, with ATS now driving the majority of revenue and profitability. ATS delivered 204% year-over-year revenue growth and 22% EBIT margins in Q1 2026, highlighting strong scalability and operating leverage. EVC trades at broadcasting multiples despite ad-tech-like growth and margins, suggesting further upside if ATS sustains momentum. I assign a buy rating, seeing attractive risk/reward even after the stock’s sharp rally, provided ATS maintains its trajectory. Read the full article on Seeking Alpha
NXST
US$185.94
Nexstar Media Group
7D
-1.8%
1Y
9.0%
AMCX
US$9.83
AMC Global Media
7D
9.2%
1Y
48.2%
Narrative Update • May 20

AMCX: Future Multiple Will Depend On Underweight View Of Execution Risks

Analysts have trimmed their price target on AMC Global Media to $7.50, reflecting updated assumptions that include a slightly higher discount rate, softer revenue growth, a reduced profit margin, and a higher future P/E multiple, with recent cautious Street views contributing to the reset. Analyst Commentary Recent Street commentary around AMC Global Media has centered on how much risk investors should assign to the stock at the current price, especially in light of the trimmed US$7.50 target and the cautious tone reflected in the Underweight assumption at Morgan Stanley.
SGA
US$9.63
Saga Communications
7D
-4.7%
1Y
-21.5%
Narrative Update • May 19

SGA: Higher Margin Outlook Will Support Future Rebound After Impairment Charges

Analysts have reduced their price target on Saga Communications from $18 to $14. They now apply a higher discount rate, assume slightly declining revenue and a lower future P/E, partly offset by expectations for a stronger profit margin.
SBGI
US$14.30
Sinclair
7D
5.0%
1Y
-1.0%
IHRT
US$4.85
iHeartMedia
7D
-0.6%
1Y
259.3%
NMAX
US$8.74
Newsmax
7D
18.4%
1Y
-60.8%
BBGI
US$15.86
Beasley Broadcast Group
7D
8.1%
1Y
233.5%

Industry Valuation and Performance

Has the U.S. Broadcasting Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 29 May 2026US$46.8bUS$59.1bUS$784.5m16.2x59.6x0.8x
Sun, 26 Apr 2026US$46.5bUS$59.1bUS$858.5m14.1x54.2x0.8x
Tue, 24 Mar 2026US$43.0bUS$59.6bUS$724.5m12.9x59.4x0.7x
Thu, 19 Feb 2026US$47.6bUS$63.0bUS$2.2b12.2x22.1x0.8x
Sat, 17 Jan 2026US$56.0bUS$62.9bUS$2.1b13.1x27.1x0.9x
Mon, 15 Dec 2025US$57.2bUS$62.9bUS$2.1b12.3x27.7x0.9x
Wed, 12 Nov 2025US$56.5bUS$62.9bUS$2.1b11.7x27.2x0.9x
Fri, 10 Oct 2025US$58.3bUS$63.4bUS$2.9b7.2x19.8x0.9x
Sun, 07 Sep 2025US$55.1bUS$63.4bUS$2.9b7.5x18.7x0.9x
Tue, 05 Aug 2025US$44.3bUS$63.4bUS$2.7b5.6x16.3x0.7x
Thu, 03 Jul 2025US$44.6bUS$63.4b-US$2,756,815,139.005.9x-16.2x0.7x
Sat, 31 May 2025US$44.1bUS$63.0b-US$2,646,260,139.005.8x-16.6x0.7x
Mon, 28 Apr 2025US$42.1bUS$66.3b-US$2,414,592,442.003.8x-17.4x0.6x
Wed, 26 Mar 2025US$42.4bUS$66.1b-US$2,308,500,258.004.3x-18.4x0.6x
Fri, 21 Feb 2025US$42.1bUS$62.5b-US$3,326,406,732.007.1x-12.7x0.7x
Sun, 19 Jan 2025US$37.6bUS$61.7b-US$3,327,718,732.008.2x-11.3x0.6x
Tue, 17 Dec 2024US$38.3bUS$61.7b-US$3,327,718,732.008.8x-11.5x0.6x
Thu, 14 Nov 2024US$38.2bUS$61.7b-US$3,385,436,732.008.9x-11.3x0.6x
Sat, 12 Oct 2024US$34.9bUS$61.2b-US$4,025,004,994.0012.7x-8.7x0.6x
Mon, 09 Sep 2024US$34.0bUS$61.2b-US$3,977,595,994.0012.2x-8.5x0.6x
Wed, 07 Aug 2024US$34.6bUS$62.1bUS$653.7m8.5x53x0.6x
Fri, 05 Jul 2024US$33.2bUS$62.0bUS$736.3m8.1x45.1x0.5x
Sun, 02 Jun 2024US$33.8bUS$62.0bUS$738.0m8.1x45.7x0.5x
Tue, 30 Apr 2024US$32.2bUS$62.3b-US$819,797,138.0010.4x-39.2x0.5x
Thu, 28 Mar 2024US$32.5bUS$62.3b-US$819,441,138.0010.8x-39.7x0.5x
Sat, 24 Feb 2024US$32.7bUS$66.8b-US$29,285,138.009.5x-1116.8x0.5x
Mon, 22 Jan 2024US$36.3bUS$67.6b-US$132,206,883.0012.3x-274.6x0.5x
Wed, 20 Dec 2023US$37.0bUS$67.6b-US$74,326,883.0012.3x-498.2x0.5x
Fri, 17 Nov 2023US$34.3bUS$67.6b-US$108,353,883.0010.6x-316.1x0.5x
Sun, 15 Oct 2023US$33.1bUS$69.2bUS$394.3m7x84x0.5x
Tue, 12 Sep 2023US$35.3bUS$69.2bUS$394.3m6.7x89.6x0.5x
Thu, 10 Aug 2023US$41.0bUS$70.7bUS$407.7m8.3x100.6x0.6x
Sat, 08 Jul 2023US$41.3bUS$71.1bUS$2.2b7.8x18.9x0.6x
Mon, 05 Jun 2023US$39.4bUS$71.1bUS$2.2b6.8x18x0.6x
Price to Earnings Ratio

18x


Total Market Cap: US$39.4bTotal Earnings: US$2.2bTotal Revenue: US$71.1bTotal Market Cap vs Earnings and Revenue0%0%0%
U.S. Broadcasting Industry Price to Earnings3Y Average -25.4x202420252026
Current Industry PE
  • Investors are optimistic on the American Broadcasting industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 59.6x which is higher than its 3-year average PE of -25.4x.
  • The industry is trading close to its 3-year average PS ratio of 0.65x.
Past Earnings Growth
  • The earnings for companies in the Broadcasting industry have declined 29% per year over the last three years,
  • Revenues have also declined 6.0% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does U.S. Broadcasting compare with similar industries?

US Market1.83%
Telecom1.33%
Media1.55%
Broadcasting2.80%
Cable and Satellite1.24%
Advertising1.23%
Publishing0.95%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FOXA FoxUS$65.832.4%
+US$659.7m		20.2%PE16.2x
PSKY Paramount SkydanceUS$10.815.2%
+US$593.2m		-11.2%PS0.4x
NMAX NewsmaxUS$8.7418.4%
+US$175.7m		-60.8%PS5.8x
SBGI SinclairUS$14.305.0%
+US$49.1m		-1.0%PE16.1x
AMCX AMC Global MediaUS$9.839.2%
+US$36.5m		48.2%PE8.2x