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CoreCivic, Inc. (CXW)

Stock Price: $7.18 USD -1.05 (-12.76%)
Updated Feb 26, 2021 4:00 PM EST - Market closed
After-hours: $7.31 +0.13 (1.81%) Feb 26, 7:59 PM
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

News

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GlobeNewsWire - 1 day ago

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...

GuruFocus - 4 days ago

Michael Burry's Scion Asset Management appeared to be incredibly active in the fourth quarter of 2020, according to its latest 13F.

Other stocks mentioned: DNOW, GEO, GME, HFC, TAP, WFC
GlobeNewsWire - 1 week ago

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...

GlobeNewsWire - 2 weeks ago

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.

InvestorPlace - 2 weeks ago

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.

Other stocks mentioned: GEO, PLTR
The Motley Fool - 3 weeks ago

Executive orders and memorandums are targeting the private prison industry.

Other stocks mentioned: GEO
The Motley Fool - 4 weeks ago

The news out of Washington D.C. was bad but perhaps not as bad as some investors feared.

Other stocks mentioned: GEO
Seeking Alpha - 1 month ago

CXW trades at a multiple under 4X making it among the cheapest REITs. The low market price is related to perceived political risk.

Benzinga - 1 month ago

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...

Other stocks mentioned: GEO
Forbes - 1 month ago

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

Other stocks mentioned: GEO
GlobeNewsWire - 1 month ago

Daren Swenson will serve as Vice President, Reentry Partnerships and Innovation Daren Swenson will serve as Vice President, Reentry Partnerships and Innovation

GlobeNewsWire - 1 month ago

NASHVILLE, Tenn., Jan. 15, 2021 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today the tax allocations of its 2020 dividend distributions.

GlobeNewsWire - 1 month ago

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...

Seeking Alpha - 1 month ago

In most cases, I prefer to buy REITs than private real estate.

Other stocks mentioned: BOWFF, GEO, GLPI, LAMR, OUT, SLG, UBA, UBP, VICI, VNQ
Seeking Alpha - 1 month ago

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...

Other stocks mentioned: BIP, STOR
GlobeNewsWire - 2 months ago

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 ...

InvestorPlace - 3 months ago

Given the narrative of stress release, sin stocks should perform well in this pandemic. But here are names that might struggle.

Other stocks mentioned: BTI, CZR, EZPW, GEO, NAKD, OXY
Seeking Alpha - 3 months ago

Corecivic, Inc. (CXW) CEO Damon Hininger on Q3 2020 Results - Earnings Call Transcript

Zacks Investment Research - 3 months ago

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?

GlobeNewsWire - 3 months ago

BRENTWOOD, Tenn., Nov. 04, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:  CXW) (the Company) announced today its financial results for the third quarter of 2020.

The Motley Fool - 3 months ago

These REITs show that you can't paint an entire industry with a single brush.

Other stocks mentioned: RESI, ESRT
Seeking Alpha - 3 months ago

The election results will be announced soon. We discuss how a Trump or Biden victory could affect your REITs.

Other stocks mentioned: GEO, IRT, VNQ
Seeking Alpha - 3 months ago

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.

Seeking Alpha - 4 months ago

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...

GlobeNewsWire - 4 months ago

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...

GlobeNewsWire - 4 months ago

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...

InvestorPlace - 4 months ago

Gun stocks are soaring in 2020 on the back of social unrest. A Joe Biden victory could send these gun and ammo names to even higher heights!

Other stocks mentioned: BGFV, OLN, RGR, SPWH, SWBI, VSTO
The Motley Fool - 4 months ago

The private prison operator no longer looks attractive to dividend investors.

The Motley Fool - 5 months ago

Here are a few companies that could be in trouble if the Democratic candidate wins the U.S. presidential race.

Other stocks mentioned: GEO, PPL, YNDX
GlobeNewsWire - 5 months ago

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...

GlobeNewsWire - 6 months ago

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...

GlobeNewsWire - 6 months ago

Renews Two Federal Contracts in Texas Renews Two Federal Contracts in Texas

GlobeNewsWire - 6 months ago

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...

Zacks Investment Research - 6 months ago

CoreCivic (CXW) saw a big move last session, as its shares jumped more than 8% on the day, amid huge volumes.

The Motley Fool - 6 months ago

The REIT will join the SmallCap 600 next week, but it's not a promotion.

Seeking Alpha - 6 months ago

CoreCivic Inc (CXW) CEO Damon Hininger on Q2 2020 Results - Earnings Call Transcript

GlobeNewsWire - 6 months ago

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 ...

GlobeNewsWire - 6 months ago

BRENTWOOD, Tenn., Aug. 05, 2020 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:  CXW) (the Company) announced today its financial results for the second quarter of 2020.

GlobeNewsWire - 7 months ago

Will Provide Update on Evaluation of Corporate Structure and Capital Allocation Strategy Will Provide Update on Evaluation of Corporate Structure and Capital Allocation Strategy

Seeking Alpha - 8 months ago

CoreCivic made a major announcement in the recent earnings report.

Other stocks mentioned: GEO
Investopedia - 8 months ago

America's largest private prison profiteer is coming under pressure as the call for criminal justice reform grows louder.

Benzinga - 8 months ago

Corecivic (NYSE: CXW) shares are trading lower on Wednesday after the company suspended its quarterly dividend and issued April and May sales guidance.

The Motley Fool - 8 months ago

Though management reassured the market that the REIT is financially strong, they just gave dividend investors a painful jolt.

GlobeNewsWire - 8 months ago

Provides Preliminary April and May 2020 Financial Results Provides Preliminary April and May 2020 Financial Results

Seeking Alpha - 8 months ago

We’re being cautious. Very, very cautious, fully acknowledging that we can’t completely predict tomorrow, much less how 2020 is going to close.

Other stocks mentioned: LADR
Seeking Alpha - 9 months ago

5 'Battleground' REITs Yielding 10% Or Higher That We're Buying

Other stocks mentioned: ABR, IRM, LADR, SPG
Seeking Alpha - 9 months ago

High Income Is Your Friend In Volatile Times: 3 Great Defensive Picks

Other stocks mentioned: MO, UTG
Seeking Alpha - 9 months ago

CoreCivic, Inc. (CXW) CEO Damon Hininger on Q1 2020 Results - Earnings Call Transcript

GlobeNewsWire - 10 months ago

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...

GlobeNewsWire - 10 months ago

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
Full Company Profile

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%.

Financial Statements

Analyst Forecasts

According to one analyst, the rating for CoreCivic stock is "Strong Buy" and the 12-month stock price forecast is 15.30.

Price Target
$15.30
Analyst Consensus: Strong Buy