CoreCivic, Inc. (CXW)

NYSE: CXW · IEX Real-Time Price · USD
15.09
+0.12 (0.77%)
Apr 26, 2024, 2:23 PM EDT - Market open
0.77%
Market Cap 1.70B
Revenue (ttm) 1.90B
Net Income (ttm) 67.59M
Shares Out 112.61M
EPS (ttm) 0.59
PE Ratio 25.57
Forward PE 22.67
Dividend n/a
Ex-Dividend Date n/a
Volume 192,020
Open 14.98
Previous Close 14.97
Day's Range 14.90 - 15.15
52-Week Range 7.84 - 16.24
Beta 0.83
Analysts Buy
Price Target 19.00 (+25.95%)
Earnings Date May 8, 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]

Sector Industrials
IPO Date Jul 15, 1997
Employees 11,194
Stock Exchange NYSE
Ticker Symbol CXW
Full Company Profile

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 Statements

Analyst Forecast

According to 2 analysts, the average rating for CXW stock is "Buy." The 12-month stock price forecast is $19.0, which is an increase of 25.95% from the latest price.

Price Target
$19.0
(25.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

CoreCivic Announces 2024 First Quarter Earnings Release and Conference Call Dates

BRENTWOOD, Tenn., April 08, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 first quarter financial results after the market closes on ...

17 days ago - GlobeNewsWire

CoreCivic to Redeem 8.250% Senior Notes Due 2026

BRENTWOOD, Tenn., March 15, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it is delivering an irrevocable notice to the holders of all of CoreCivic's previous...

5 weeks ago - GlobeNewsWire

CoreCivic Announces Closing of Offering of $500 Million of 8.250% Senior Notes Due 2029 and Expiration and Results of Tender Offer for 2026 Notes

BRENTWOOD, Tenn., March 12, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it has completed the previously announced underwritten registered public offering of...

6 weeks ago - GlobeNewsWire

CoreCivic Appoints Catherine Hernandez-Blades and Alexander R. Fischer to its Board of Directors; CoreCivic Also Announces Planned Retirement of Long-Term Board Member Donna Alvarado

BRENTWOOD, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that, effective March 15, 2024, Catherine Hernandez-Blades and Alexander R.

7 weeks ago - GlobeNewsWire

CoreCivic Announces Upsizing and Pricing of $500 Million 8.25% Senior Notes Due 2029

CoreCivic announced today that it successfully upsized and priced its offering of $500 million aggregate principal amount of 8.25% senior notes due 2029.

7 weeks ago - GlobeNewsWire

CoreCivic, Inc. Announces Cash Tender Offer for Any and All of Its Outstanding 8.25% Senior Notes Due 2026

BRENTWOOD, Tenn., March 04, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it has commenced a cash tender offer (the “Tender Offer”) for any and all of the $59...

7 weeks ago - GlobeNewsWire

CoreCivic Announces Proposed $450 Million Senior Notes Offering

BRENTWOOD, Tenn., March 04, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it intends to offer, subject to market and other conditions, up to $450 million aggr...

7 weeks ago - GlobeNewsWire

10 stocks you can bet on being inflation-proof

New research shows that “quality” stocks — companies with high operating profitability but which are out of favor on Wall Street — are the type of stocks most likely to do well if inflation heats up. ...

Other symbols: AMCWHCCINVAOTTRPCARRDN
2 months ago - Market Watch

CoreCivic Reports Fourth Quarter and Full Year 2023 Financial Results

Momentum Continues With Three New Management Contracts  Signed During the Fourth Quarter Provides 2024 Full Year Guidance BRENTWOOD, Tenn., Feb. 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW...

2 months ago - GlobeNewsWire

CoreCivic Enters Into New Contracts With the State of Wyoming and Harris County, TX, at the Tallahatchie County Correctional Facility

BRENTWOOD, Tenn., Nov. 16, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today it signed a new management contract with the state of Wyoming for the housing of up to 240...

5 months ago - GlobeNewsWire

CoreCivic Enters Into New Management Contract With Montana at Saguaro Correctional Facility in Arizona

BRENTWOOD, Tenn., Nov. 14, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today it signed a new management contract with the state of Montana for the housing of up to 120...

5 months ago - GlobeNewsWire

CoreCivic Reports Third Quarter 2023 Financial Results

BRENTWOOD, Tenn., Nov. 06, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2023.

6 months ago - GlobeNewsWire

CoreCivic Announces 2023 Third Quarter Earnings Release and Conference Call Dates

BRENTWOOD, Tenn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2023 third quarter financial results after the market closes on M...

6 months ago - GlobeNewsWire

CoreCivic Enters Into Amendment and Extension of Bank Credit Facility

BRENTWOOD, Tenn., Oct. 12, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today it entered into a Fourth Amended and Restated Credit Agreement dated October 11, 2023, by ...

7 months ago - GlobeNewsWire

CoreCivic Reports Second Quarter 2023 Financial Results

REDUCES TOTAL DEBT BY $34.1 MILLION INCREASES 2023 FULL YEAR GUIDANCE REDUCES TOTAL DEBT BY $34.1 MILLION INCREASES 2023 FULL YEAR GUIDANCE

9 months ago - GlobeNewsWire

CoreCivic Reports First Quarter 2023 Financial Results

BRENTWOOD, Tenn., May 03, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the first quarter of 2023.

1 year ago - GlobeNewsWire

CoreCivic Reports Fourth Quarter and Full Year 2022 Financial Results

Provides 2023 Full Year Guidance Provides 2023 Full Year Guidance

1 year ago - GlobeNewsWire

CoreCivic Announces 2022 Fourth Quarter Earnings Release and Conference Call Dates

BRENTWOOD, Tenn., Jan. 24, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2022 fourth quarter financial results after the market closes on ...

1 year ago - GlobeNewsWire

CoreCivic and Geo Group Fall as Supreme Court Leaves Pandemic-Era Border Controls in Place

The Supreme Court on Tuesday kept pandemic-era border controls in place.

Other symbols: GEO
1 year ago - Barrons

CoreCivic to Redeem 4.625% Senior Notes Due 2023

BRENTWOOD, Tenn., Dec. 22, 2022 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today that it is delivering an irrevocable notice to the holders of all of the Comp...

1 year ago - GlobeNewsWire

Prison Stocks Get Out of Solitary

The controversial sector gets a lift from ‘Big Short' investor Michael Burry.

Other symbols: GEO
1 year ago - WSJ

CoreCivic Receives Lease Termination Notice for the California City Correctional Center from the State of California

BRENTWOOD, Tenn., Dec. 06, 2022 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today it received notice from the California Department of Corrections and Rehabili...

1 year ago - GlobeNewsWire

Michael Burry's Firm Enters 5 New Positions in 3rd Quarter

Scion Asset Management, the firm founded by Michael Burry, disclosed in a regulatory filing that it boosted its stake in The GEO Group Inc. ( GEO , Financial) and established five new positions during...

Other symbols: CHTRGEOLILAKQRTEA
1 year ago - GuruFocus

Michael Burry of ‘Big Short' Fame Is Buying Stocks Again —Including Another Prison Company

In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms.

Other symbols: CHTRGEOLILAQRTEAQRTEB
1 year ago - Barrons

'Big Short' fund manager Burry buys another prison stock

Scion Asset Management's Michael Burry, known for his timely bets against housing ahead of the 2008 financial crisis, added five new companies to his portfolio in the last quarter including prison ope...

1 year ago - Reuters