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Nexstar Broadcasting Group is Among the Companies in the Broadcasting Industry With the Highest Return on Equity (NXST, SBGI, SNI, CBS, CRWN)

By Shiri Gupta

Below are the three companies in the Broadcasting industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.

Nexstar Broadcasting Group ranks highest with a ROE of 218.5%. Sinclair Broadcast Group is next with a ROE of 49.0%. Scripps Networks Interactive ranks third highest with a ROE of 36.3%.

CBS follows with a ROE of 23.3%, and Crown Media rounds out the top five with a ROE of 20.1%.

SmarTrend recommended that subscribers consider buying shares of Crown Media on March 7th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $4.85. Since that recommendation, shares of Crown Media have risen 4.6%. We continue to monitor Crown Media for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest return on equity nexstar broadcasting group sinclair broadcast group Scripps Networks Interactive crown media