Shares of Nexstar Broadcasting Group Rank the Highest in Terms of Return on Equity in the Broadcasting Industry (NXST, SBGI, SNI, CBS, CRWN)
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%. Following is Sinclair Broadcast Group 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 CBS on February 25th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $47.70. Since that recommendation, shares of CBS have risen 17.0%. We continue to monitor CBS 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