CoreCivic, Inc. (CXW)
| Market Cap | 859.00M |
| Revenue (ttm) | 1.91B |
| Net Income (ttm) | 54.16M |
| Shares Out | 119.63M |
| EPS (ttm) | 0.45 |
| PE Ratio | 15.96 |
| Forward PE | n/a |
| Dividend | $0.44 |
| Dividend Yield | 6.13% |
| Trading Day | February 26 |
| Last Price | $7.18 |
| Previous Close | $8.23 |
| Change ($) | -1.05 |
| Change (%) | -12.76% |
| Day's Open | 8.00 |
| Day's Range | 7.08 - 8.00 |
| Day's Volume | 5,750,568 |
| 52-Week Range | 5.76 - 15.96 |
BRENTWOOD, Tenn., Feb. 25, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that, effective March 1, 2021, it has entered into a 90-day contract extension wit...
Michael Burry's Scion Asset Management appeared to be incredibly active in the fourth quarter of 2020, according to its latest 13F.
BRENTWOOD, Tenn., Feb. 18, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that, effective March 1, 2021, Dr. Glenda Baskin Glover will be appointed as a mem...
BRENTWOOD, Tenn., Feb. 10, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the fourth quarter and full year 2020.
To top it all off, this change will take years to play out. Investors may be overestimating the damage Biden's EO will do for prison stocks.
Executive orders and memorandums are targeting the private prison industry.
The news out of Washington D.C. was bad but perhaps not as bad as some investors feared.
CXW trades at a multiple under 4X making it among the cheapest REITs. The low market price is related to perceived political risk.
The GEO Group (NYSE: GEO) and CoreCivic (NYSE: CXW) shares are trading lower on Tuesday after President Joe Biden signed four executive orders including prison reform. Biden directed the Attor...
President Joe Biden will end private prison contracts, which is something that President and here are some jail stocks that are getting slammed on the news
Daren Swenson will serve as Vice President, Reentry Partnerships and Innovation Daren Swenson will serve as Vice President, Reentry Partnerships and Innovation
NASHVILLE, Tenn., Jan. 15, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today the tax allocations of its 2020 dividend distributions.
NASHVILLE, Tenn. , Jan. 14, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today that its President and Chief Executive Officer, Damon Hininger, and Chief Finan...
In most cases, I prefer to buy REITs than private real estate.
Significant investments in infrastructure are going to be needed over the coming decade. Governments and corporations around the world are highly indebted, which makes it more likely that they...
BRENTWOOD, Tenn., Dec. 23, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today that following an extensive and ongoing marketing process for the proposed sale ...
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Corecivic, Inc. (CXW) CEO Damon Hininger on Q3 2020 Results - Earnings Call Transcript
CCA (CXW) delivered FFO and revenue surprises of 6.12% and 1.36%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
BRENTWOOD, Tenn., Nov. 04, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2020.
Why Front Yard Residential Stock Rocketed 53% in October, but Empire State Realty and CoreCivic Fell
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The threat of a landslide blue-wave has sent CoreCivic well below 2016 lows. My thesis that CoreCivic faces an existential threat from a change in the federal government is unchanged.
CoreCivic's correlation with the political risks attached to the upcoming presidential election and lack of short-term capital returns for us to be compensated led us to sell our shares. Despi...
Expands Multi-Year Initiative Already Resulting in Nearly 2,000 Letters of Support for 66 Federal and State Laws Aimed at Reducing Recidivism Expands Multi-Year Initiative Already Resulting in...
BRENTWOOD, Tenn., Oct. 16, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2020 third quarter financial results after the market clo...
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The private prison operator no longer looks attractive to dividend investors.
Here are a few companies that could be in trouble if the Democratic candidate wins the U.S. presidential race.
BRENTWOOD, Tenn., Sept. 15, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today that it has entered into a new contract under an Intergovernmental Agreement...
BRENTWOOD, Tenn. , Aug. 24, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the “Company") a diversified government solutions company with the scale and experience needed to solve tou...
Renews Two Federal Contracts in Texas Renews Two Federal Contracts in Texas
BRENTWOOD, Tenn., Aug. 14, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the “Company") a diversified government solutions company with the scale and experience needed to solve toug...
CoreCivic (CXW) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.
The REIT will join the SmallCap 600 next week, but it's not a promotion.
CoreCivic Inc (CXW) CEO Damon Hininger on Q2 2020 Results - Earnings Call Transcript
BRENTWOOD, Tenn., Aug. 05, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that its Board of Directors has unanimously approved a plan to revoke its Real ...
BRENTWOOD, Tenn., Aug. 05, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the second quarter of 2020.
Will Provide Update on Evaluation of Corporate Structure and Capital Allocation Strategy Will Provide Update on Evaluation of Corporate Structure and Capital Allocation Strategy
America's largest private prison profiteer is coming under pressure as the call for criminal justice reform grows louder.
Corecivic (NYSE: CXW) shares are trading lower on Wednesday after the company suspended its quarterly dividend and issued April and May sales guidance.
Though management reassured the market that the REIT is financially strong, they just gave dividend investors a painful jolt.
Provides Preliminary April and May 2020 Financial Results Provides Preliminary April and May 2020 Financial Results
We’re being cautious. Very, very cautious, fully acknowledging that we can’t completely predict tomorrow, much less how 2020 is going to close.
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CoreCivic, Inc. (CXW) CEO Damon Hininger on Q1 2020 Results - Earnings Call Transcript
BRENTWOOD, Tenn., April 15, 2020 (GLOBE NEWSWIRE) -- CoreCivic announced today that every frontline CoreCivic employee will receive a $500 Hero Bonus in appreciation of their service and ded...
NASHVILLE, Tenn., April 01, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today the withdrawal of its previously announced full year 2020 financial guidance...
About CXW
The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad 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. We are a publicly traded real estate investment trust and the nation's largest owner of partnership correctional, detention an... [Read more...]
| Industry REIT-Specialty | IPO Date Jul 15, 1997 |
| CEO Damon Hininger | Employees 12,415 |
| Stock Exchange NYSE | Ticker Symbol CXW |
Financial Performance
In 2020, CoreCivic's revenue was $1.91 billion, a decrease of -3.80% compared to the previous year's $1.98 billion. Earnings were $54.16 million, a decrease of -71.33%.
Analyst Forecasts
According to one analyst, the rating for CoreCivic stock is "Strong Buy" and the 12-month stock price forecast is 15.30.