OTEX vs NXST
Comparison between Open Text Corp (OTEX, Company) and Nexstar Media Group Inc (NXST, Company).
OTEX is from the Technology sector, while NXST is from the Communication Services sector.
5-Year PerformanceNXST has outperformed OTEX, delivering a return of +5.8% compared to -14.4%
OTEX vs NXST - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
OTEX vs NXST - Historical Returns
Returns include dividend reinvestment.
OTEX vs NXST - Annual Returns (1999 - 2026)
Returns include dividend reinvestment.
| Year | OTEX | NXST |
|---|---|---|
| 2026 | -35.52% | -20.08% |
| 2025 | +19.52% | +32.91% |
| 2024 | -28.08% | +2.71% |
| 2023 | +43.27% | -7.04% |
| 2022 | -35.70% | +16.44% |
| 2021 | +6.32% | +42.72% |
| 2020 | +4.07% | -2.67% |
| 2019 | +38.20% | +49.46% |
| 2018 | -4.81% | +4.24% |
| 2017 | +17.80% | +26.78% |
| 2016 | +31.72% | +17.93% |
| 2015 | -16.17% | +19.62% |
| 2014 | +28.63% | -5.12% |
| 2013 | +61.93% | +399.36% |
| 2012 | +6.94% | +30.74% |
| 2011 | +8.83% | +30.67% |
| 2010 | +13.50% | +51.65% |
| 2009 | +32.24% | +486.96% |
| 2008 | -0.59% | -94.28% |
| 2007 | +56.86% | +92.02% |
| 2006 | +31.22% | -8.82% |
| 2005 | -29.34% | -44.40% |
| 2004 | +4.97% | -32.95% |
| 2003 | +57.71% | +2.70% |
| 2002 | -24.18% | N/A |
| 2001 | +38.71% | N/A |
| 2000 | +13.84% | N/A |
| 1999 | +47.66% | N/A |
OTEX vs NXST Drawdown Comparison
The maximum drawdown for OTEX was -70.46%, occurring on Jul 26, 2002. Recovery took 989 trading sessions.
The maximum drawdown for NXST was -96.66%, occurring on Oct 27, 2008. Recovery took 1437 trading sessions.
The current OTEX drawdown is -57.83%. The current NXST drawdown is -34.72%.
| Rank | OTEX | NXST |
|---|---|---|
| #1 | -70.46% Mar 1, 2000 - Feb 9, 2004 | -96.66% May 23, 2007 - Feb 6, 2013 |
| #2 | -64.31% Mar 5, 2004 - Nov 2, 2007 | -75.68% Jan 14, 2004 - May 22, 2007 |
| #3 | -57.83% Sep 2, 2021 - Jun 22, 2026 | -64.56% Jan 17, 2020 - Feb 4, 2021 |
| #4 | -40.62% May 6, 2008 - Jul 23, 2009 | -40.64% Nov 20, 2015 - Nov 14, 2016 |
| #5 | -39.23% Feb 13, 2015 - Jun 3, 2016 | -40.42% Dec 30, 2013 - Feb 26, 2015 |
| #6 | -38.62% Feb 14, 2020 - Jan 20, 2021 | -35.69% Feb 2, 2023 - Aug 11, 2025 |
| #7 | -35.23% Jul 22, 2011 - May 17, 2013 | -34.72% Mar 5, 2026 - Jun 22, 2026 |
| #8 | -27.15% Apr 23, 2010 - Feb 1, 2011 | -27.96% Jul 22, 2015 - Nov 18, 2015 |
| #9 | -20.51% Aug 30, 2018 - May 2, 2019 | -24.85% Jul 15, 2013 - Sep 23, 2013 |
| #10 | -19.94% Nov 5, 2007 - Apr 30, 2008 | -24.76% Jan 19, 2018 - Jul 11, 2018 |
| #11 | -14.82% Jul 26, 2019 - Nov 26, 2019 | -23.33% Aug 16, 2022 - Jan 27, 2023 |
| #12 | -13.80% Aug 13, 2009 - Oct 14, 2009 | -22.45% Mar 1, 2017 - Dec 8, 2017 |
| #13 | -13.27% Dec 6, 1999 - Jan 27, 2000 | -21.98% Apr 16, 2019 - Dec 19, 2019 |
| #14 | -13.06% Feb 24, 2000 - Feb 29, 2000 | -19.70% Mar 25, 2022 - Jul 28, 2022 |
| #15 | -12.14% Sep 16, 2014 - Nov 10, 2014 | -18.69% Dec 3, 2018 - Feb 15, 2019 |
Correlation
Correlation between OTEX and NXST is 0.80 which considered as a strong positive correlation - the stocks tend to move together.
Dividend Comparison (2013 - 2026)
OTEX vs NXST dividend yield comparison.
| Year | OTEX | NXST |
|---|---|---|
| 2026 | 2.75% | 2.27% |
| 2025 | 3.30% | 3.66% |
| 2024 | 3.62% | 4.28% |
| 2023 | 2.35% | 3.44% |
| 2022 | 3.13% | 2.06% |
| 2021 | 1.78% | 1.85% |
| 2020 | 1.59% | 2.05% |
| 2019 | 1.53% | 1.54% |
| 2018 | 1.80% | 1.91% |
| 2017 | 1.43% | 1.53% |
| 2016 | 1.44% | 1.52% |
| 2015 | 1.61% | 1.29% |
| 2014 | 1.15% | 1.16% |
| 2013 | 0.98% | 0.86% |
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