CoreCivic Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for CoreCivic stock have an average target of 16.5, with a low estimate of 14 and a high estimate of 19. The average target predicts an increase of 13.01% from the current stock price of 14.60.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$14	$16.5	$19	$19
Change	-4.11%	+13.01%	+30.14%	+30.14%

* Price targets were last updated on Sep 13, 2024.

Analyst Ratings

The average analyst rating for CoreCivic stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '24	Jun '24	Jul '24	Aug '24	Sep '24	Oct '24
Strong Buy	0	0	0	0	0	0
Buy	2	1	1	1	1	1
Hold	0	1	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Jay McCanless Wedbush	Wedbush	Hold Reiterates $14	Hold	Reiterates	$14	-4.11%	Sep 13, 2024
Jay McCanless Wedbush	Wedbush	Hold Reiterates $14	Hold	Reiterates	$14	-4.11%	Aug 9, 2024
Jay McCanless Wedbush	Wedbush	Hold Reiterates $14	Hold	Reiterates	$14	-4.11%	Aug 8, 2024
Jason Weaver Jones Trading	Jones Trading	Hold Initiates n/a	Hold	Initiates	n/a	n/a	Jul 10, 2024
Jay McCanless Wedbush	Wedbush	Buy → Hold Downgrades $19 → $14	Buy → Hold	Downgrades	$19 → $14	-4.11%	Jun 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

1.94B

from 1.90B

2.23%

from 1.90B

Revenue Next Year

1.90B

from 1.94B

-2.06%

from 1.94B

EPS This Year

0.44

from 0.59

-25.36%

from 0.59

EPS Next Year

0.51

from 0.44

16.51%

from 0.44

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025
Revenue	1.98B	1.91B	1.86B	1.85B	1.90B	1.94B	1.90B
Revenue Growth	7.89%	-3.80%	-2.25%	-0.93%	2.78%	2.23%	-2.06%
EPS	1.59	0.45	-0.43	1.03	0.59	0.44	0.51
EPS Growth	18.43%	-71.64%	-	-	-42.72%	-25.36%	16.51%
Forward PE	-	-	-	-	-	33.15	28.46
No. Analysts	-	-	-	-	-	6	6

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025
High	2.0B	2.0B
Avg	1.9B	1.9B
Low	1.9B	1.8B

Revenue Growth

Revenue Growth	2024	2025
High	7.2%	2.7%
Avg	2.2%	-2.1%
Low	-1.9%	-5.9%

EPS Forecast

EPS	2024	2025
High	0.57	0.76
Avg	0.44	0.51
Low	0.40	0.38

EPS Growth

EPS Growth	2024	2025
High	-3.9%	71.7%
Avg	-25.4%	16.5%
Low	-31.9%	-13.2%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.