CoreCivic, Inc. (CXW)
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]
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 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.
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 ...
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...
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...
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.
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.
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...
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...
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. ...
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...
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...
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...
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.
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...
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 ...
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
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.
CoreCivic Reports Fourth Quarter and Full Year 2022 Financial Results
Provides 2023 Full Year Guidance Provides 2023 Full Year Guidance
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 ...
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.
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...
Prison Stocks Get Out of Solitary
The controversial sector gets a lift from ‘Big Short' investor Michael Burry.
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...
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...
'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...