Noble Financial Estimates CoreCivic’s Q1 Earnings (NYSE:CXW)

CoreCivic, Inc. (NYSE:CXW) – Equities research analysts at Noble Financial upped their Q1 2026 earnings per share estimates for CoreCivic in a report released on Tuesday, February 17th. Noble Financial analyst J. Gomes now anticipates that the real estate investment trust will post earnings per share of $0.55 for the quarter, up from their prior estimate of $0.53. The consensus estimate for CoreCivic’s current full-year earnings is $1.50 per share. Noble Financial also issued estimates for CoreCivic’s Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.69 EPS, Q4 2026 earnings at $0.69 EPS, FY2026 earnings at $2.54 EPS and FY2027 earnings at $2.73 EPS.

Other equities research analysts also recently issued research reports about the company. Wall Street Zen raised CoreCivic from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. JonesTrading reissued a “buy” rating and issued a $30.00 target price on shares of CoreCivic in a report on Friday, February 13th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $34.00.

CoreCivic Stock Performance

NYSE CXW opened at $18.55 on Wednesday. The firm’s 50 day simple moving average is $19.17 and its 200 day simple moving average is $19.20. The firm has a market capitalization of $1.94 billion, a price-to-earnings ratio of 17.17 and a beta of 0.71. The company has a current ratio of 1.66, a quick ratio of 1.41 and a debt-to-equity ratio of 0.86. CoreCivic has a 1 year low of $15.95 and a 1 year high of $23.54.

CoreCivic (NYSE:CXW) last announced its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.09. CoreCivic had a net margin of 5.27% and a return on equity of 8.17%. The firm had revenue of $603.95 million for the quarter, compared to the consensus estimate of $585.12 million. During the same period in the prior year, the company posted $0.39 earnings per share. The business’s revenue for the quarter was up 26.0% on a year-over-year basis.

CoreCivic declared that its board has initiated a share buyback program on Monday, November 10th that permits the company to buyback $200.00 million in outstanding shares. This buyback authorization permits the real estate investment trust to repurchase up to 10.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Institutional Investors Weigh In On CoreCivic

Several hedge funds and other institutional investors have recently made changes to their positions in CXW. Advisors Asset Management Inc. acquired a new position in CoreCivic during the 2nd quarter valued at about $25,000. NBC Securities Inc. boosted its position in shares of CoreCivic by 533.9% during the fourth quarter. NBC Securities Inc. now owns 1,458 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,228 shares during the last quarter. Covestor Ltd boosted its position in shares of CoreCivic by 31,516.7% during the third quarter. Covestor Ltd now owns 1,897 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 1,891 shares during the last quarter. CWM LLC grew its holdings in CoreCivic by 80.1% during the second quarter. CWM LLC now owns 2,186 shares of the real estate investment trust’s stock worth $46,000 after buying an additional 972 shares in the last quarter. Finally, Leonteq Securities AG bought a new position in CoreCivic during the 4th quarter valued at $57,000. 85.13% of the stock is owned by institutional investors.

About CoreCivic

CoreCivic, Inc (NYSE: CXW) is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.

CoreCivic’s portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.