CoreCivic, Inc. (CXW)
Market Cap | 2.37B |
Revenue (ttm) | 1.97B |
Net Income (ttm) | 76.06M |
Shares Out | 110.27M |
EPS (ttm) | 0.67 |
PE Ratio | 31.98 |
Forward PE | 29.92 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 722,949 |
Open | 22.00 |
Previous Close | 22.01 |
Day's Range | 21.17 - 22.16 |
52-Week Range | 10.74 - 24.99 |
Beta | 0.89 |
Analysts | Buy |
Price Target | 24.67 (+14.91%) |
Earnings Date | Nov 6, 2024 |
About CXW
CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. Its correctional, detention, and residential reentry facili... [Read more]
Financial Performance
In 2023, CoreCivic's revenue was $1.90 billion, an increase of 2.78% compared to the previous year's $1.85 billion. Earnings were $67.59 million, a decrease of -44.74%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for CXW stock is "Buy." The 12-month stock price forecast is $24.67, which is an increase of 14.91% from the latest price.
News
These Stocks Are Outperforming Tesla As The Biggest Trump Trade Winners
Tesla may be the highest-profile stock market winner over the last week, but there are several stocks which have outperformed the Elon Musk-led car company thanks to similar optimism about macro condi...
Why private prison stocks are surging after Tom Homan's appointment as ‘border czar'
Private prison stocks experienced significant gains on Monday after President-elect Donald Trump announced the appointment of Tom Homan, a former Immigration and Customs Enforcement (ICE) head, as his...
Private prison stocks jump on Trump appointment of immigration hardliner Tom Homan
Private prison stocks Geo Group and CoreCivic rose Monday after President-elect Donald Trump chose Tom Homan as his "border czar." Homan told a conservative conference in July that he "will run the bi...
My Portfolio's Biggest Winners And Losers From A Republican Sweep
The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT funda...
Trump win drives up prison stocks
CNBC's Eamon Javers joins 'The Exchange' to report on prison stocks moving higher since Trump's victory, in part based on his deportation plan.
CoreCivic, Inc. (CXW) Q3 2024 Earnings Call Transcript
CoreCivic, Inc. (NYSE:CXW) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Mike Grant - Managing Director of Investor Relations Damon Hininger - President and Chief ...
Geo Group and CoreCivic move guidance in opposite directions, a day after both prison stocks soared
Prison operators GEO Group and CoreCivic moved their guidance in opposition directions on Thursday, after both companies' stock had surged in anticipation of higher immigrant detentions by President-e...
CoreCivic Reports Third Quarter 2024 Financial Results
Cost Management and Higher Occupancy Continue To Drive Positive Financial Performance Raises Full Year Financial Guidance
Prison Stocks Geo Group, CoreCivic Rally On Trump 2024 Election Win: History Shows The Gains May Not Last
Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election.
Prison stocks jump on expectations of more detentions
Shares of GEO Group and CoreCivic surged on Wednesday in expectation that President-elect Donald Trump's administration will detain more immigrants in facilities run by the companies.
Prison management company CoreCivic honored as inmates restore 55,000th wheelchair for people in need
Agoura Hills, CA, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Over the past seventeen years, inmates at the South Central Correctional Facility (SCCF) in Clifton, Tennessee, have restored over 25,000 donated w...
2 REITs With Huge Upside Potential
REITs remain extremely cheap, even following the recent rally. This is especially true for more speculative REITs. I highlight 2 REITs that could triple.
CoreCivic, Inc. (CXW) Q2 2024 Earnings Call Transcript
CoreCivic, Inc. (NYSE:CXW) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Mike Grant – Managing Director of Investor Relations Damon Hininger – President and Chief E...
CoreCivic Reports Second Quarter 2024 Financial Results
Higher Occupancy and Cost Management Initiatives Drive Positive Quarterly Financial Performance BRENTWOOD, Tenn., Aug. 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Compan...
Trump Media, gun stocks surge after assassination attempt
Crypto stocks, gun stocks and shares of other companies that could benefit from a Donald Trump presidency jumped on Monday after an assassination attempt on the Republican candidate boosted expectatio...
CoreCivic Announces 2024 Second Quarter Earnings Release and Conference Call Dates
BRENTWOOD, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 second quarter financial results after the market closes on ...
Prison Stocks Gain After Presidential Debate: Winners Regardless Of Trump Or Biden In Office?
The stock market is reacting to the first 2024 presidential debate and prison stocks could be the winner based on what was said by the two candidates Thursday night.
Top 3 Industrials Stocks That May Rocket Higher in Q2
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies.
Nasdaq Surges 100 Points; CoreCivic Shares Plummet
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining around 100 points on Tuesday.
CoreCivic Lost a Contract and an Upbeat Call. Another Stock Is Down Even More.
The prison company said it is suspending its financial guidance for 2024.
Biden's Dilley detention closure sends CoreCivic stock into freefall: Should you buy?
In a startling turn of events, CoreCivic Inc (NYSE:CXW) finds itself grappling with a significant downturn. On Tuesday, the stock plummeted over 20% in pre-market trading.
CoreCivic Receives Termination Notice From U.S. Immigration and Customs Enforcement At South Texas Family Residential Center
BRENTWOOD, Tenn., June 10, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") received notification today from U.S. Immigration and Customs Enforcement ("ICE") that the agency intends ...
CoreCivic, Inc. (CXW) Q1 2024 Earnings Call Transcript
CoreCivic, Inc. (NYSE:CXW) Q1 2024 Earnings Conference Call May 9, 2024 11:00 AM ET Company Participants Mike Grant - MD, IR Damon Hininger - President & CEO David Garfinkle - EVP & CFO Brian Hammond...