CoreCivic (CXW) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for CoreCivic in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CXW shares.
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2 analysts have issued 12-month target prices for CoreCivic's stock. Their CXW share price targets range from $19.00 to $19.00. On average, they anticipate the company's share price to reach $19.00 in the next twelve months. This suggests a possible upside of 29.0% from the stock's current price.
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CoreCivic's stock was trading at $14.53 at the beginning of the year. Since then, CXW shares have increased by 1.4% and is now trading at $14.73.
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CoreCivic saw a decline in short interest in March. As of March 31st, there was short interest totaling 4,040,000 shares, a decline of 12.7% from the March 15th total of 4,630,000 shares. Based on an average trading volume of 960,100 shares, the short-interest ratio is currently 4.2 days. Currently, 3.7% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
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CoreCivic will be holding an earnings conference call on Thursday, May 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

CoreCivic, Inc. (NYSE:CXW) posted its quarterly earnings data on Wednesday, February, 7th. The real estate investment trust reported $0.23 earnings per share for the quarter, missing analysts' consensus estimates of $0.40 by $0.17. The real estate investment trust had revenue of $491.25 million for the quarter, compared to analyst estimates of $489.62 million. CoreCivic had a net margin of 3.56% and a trailing twelve-month return on equity of 4.70%.

ETFs with the largest weight of CoreCivic (NYSE:CXW) stock in their portfolio include First Trust Small Cap Value AlphaDEX Fund (FYT) and iShares US Small Cap Value Factor ETF (SVAL).ETC 6 Meridian Low Beta Equity Strategy ETF (SIXL).

CoreCivic issued an update on its FY 2024 earnings guidance on Wednesday, February, 7th. The company provided earnings per share guidance of 1.460-1.610 for the period, compared to the consensus estimate of 1.610. The company issued revenue guidance of -.

118 employees have rated CoreCivic Chief Executive Officer Damon T. Hininger on Glassdoor.com. Damon T. Hininger has an approval rating of 68% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other CoreCivic investors own include The GEO Group (GEO), Enterprise Products Partners (EPD), Annaly Capital Management (NLY), AT&T (T), Energy Transfer (ET), Ares Capital (ARCC), New Residential Investment (NRZ), AGNC Investment (AGNC), Iron Mountain (IRM) and Medical Properties Trust (MPW).

CoreCivic's stock is owned by many different institutional and retail investors. Top institutional shareholders include Versant Capital Management Inc (0.08%) and Allspring Global Investments Holdings LLC (0.01%). Insiders that own company stock include Anthony L Grande, Cole G Carter, Damon T Hininger, David Garfinkle, Harley G Lappin, John R Prann Jr, Lucibeth Mayberry, Mark A Emkes, Patrick D Swindle, Randall J Hogan and Thurgood Marshall Jr.
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Shares of CXW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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