CoreCivic, Inc. (NYSE:CXW – Free Report) – Research analysts at Zacks Small Cap raised their Q3 2025 earnings estimates for shares of CoreCivic in a research note issued on Wednesday, June 11th. Zacks Small Cap analyst M. Marin now forecasts that the real estate investment trust will post earnings per share of $0.47 for the quarter, up from their prior forecast of $0.46. The consensus estimate for CoreCivic’s current full-year earnings is $1.50 per share. Zacks Small Cap also issued estimates for CoreCivic’s Q4 2025 earnings at $0.47 EPS and FY2025 earnings at $1.83 EPS.
Several other research analysts also recently issued reports on CXW. Wedbush reiterated an “outperform” rating and issued a $38.00 target price on shares of CoreCivic in a research note on Wednesday. Wall Street Zen raised shares of CoreCivic from a “hold” rating to a “buy” rating in a report on Monday, June 9th.
CoreCivic Trading Down 4.0%
Shares of NYSE CXW opened at $20.62 on Friday. The firm’s 50 day moving average price is $21.91 and its 200-day moving average price is $21.03. The company has a market cap of $2.25 billion, a PE ratio of 33.80 and a beta of 0.79. CoreCivic has a 52-week low of $11.23 and a 52-week high of $24.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.51 and a current ratio of 1.57.
CoreCivic (NYSE:CXW – Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.10. The firm had revenue of $488.60 million for the quarter, compared to analysts’ expectations of $478.49 million. CoreCivic had a net margin of 3.51% and a return on equity of 5.97%. The company’s revenue for the quarter was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.46 earnings per share.
Hedge Funds Weigh In On CoreCivic
Several institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC increased its holdings in CoreCivic by 10.0% during the first quarter. GAMMA Investing LLC now owns 5,156 shares of the real estate investment trust’s stock valued at $105,000 after buying an additional 470 shares during the period. Bank of Montreal Can grew its holdings in CoreCivic by 8.0% in the fourth quarter. Bank of Montreal Can now owns 12,742 shares of the real estate investment trust’s stock worth $277,000 after purchasing an additional 944 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in CoreCivic by 2.2% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,000 shares of the real estate investment trust’s stock worth $1,348,000 after purchasing an additional 1,322 shares during the last quarter. State of Wyoming grew its holdings in CoreCivic by 7.5% in the fourth quarter. State of Wyoming now owns 20,796 shares of the real estate investment trust’s stock worth $452,000 after purchasing an additional 1,443 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in CoreCivic by 318.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,442 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 1,859 shares during the last quarter. 85.13% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at CoreCivic
In related news, EVP Anthony L. Grande sold 10,000 shares of the stock in a transaction dated Monday, May 19th. The shares were sold at an average price of $22.22, for a total value of $222,200.00. Following the completion of the transaction, the executive vice president now owns 180,559 shares of the company’s stock, valued at approximately $4,012,020.98. This trade represents a 5.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Lucibeth Mayberry sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of $21.49, for a total transaction of $1,611,750.00. Following the completion of the sale, the executive vice president now directly owns 211,232 shares of the company’s stock, valued at approximately $4,539,375.68. The trade was a 26.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold 184,246 shares of company stock valued at $4,061,215 in the last 90 days. Insiders own 2.30% of the company’s stock.
CoreCivic Company Profile
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.
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