Q1 Earnings Estimate for CoreCivic Issued By Zacks Research

CoreCivic, Inc. (NYSE:CXWFree Report) – Research analysts at Zacks Research issued their Q1 2026 earnings estimates for shares of CoreCivic in a note issued to investors on Tuesday, February 17th. Zacks Research analyst M. Marin forecasts that the real estate investment trust will post earnings of $0.56 per share for the quarter. The consensus estimate for CoreCivic’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for CoreCivic’s Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.68 EPS and FY2026 earnings at $2.54 EPS.

CXW has been the subject of a number of other research reports. Wall Street Zen raised CoreCivic from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. JonesTrading restated a “buy” rating and set a $30.00 price objective on shares of CoreCivic in a report on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Read Our Latest Stock Analysis on CoreCivic

CoreCivic Stock Performance

Shares of CXW stock opened at $18.65 on Thursday. The company’s 50 day moving average price is $19.16 and its two-hundred day moving average price is $19.19. The company has a market capitalization of $1.95 billion, a P/E ratio of 17.27 and a beta of 0.71. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.41 and a current ratio of 1.66. CoreCivic has a 52 week low of $15.95 and a 52 week high of $23.54.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CXW. Vanguard Group Inc. raised its position in CoreCivic by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 12,713,519 shares of the real estate investment trust’s stock worth $242,955,000 after purchasing an additional 138,846 shares during the last quarter. Rubric Capital Management LP raised its position in shares of CoreCivic by 140.6% during the third quarter. Rubric Capital Management LP now owns 1,961,446 shares of the real estate investment trust’s stock worth $39,915,000 after purchasing an additional 1,146,166 shares during the period. Allianz Asset Management GmbH raised its holdings in shares of CoreCivic by 13.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 1,856,230 shares of the real estate investment trust’s stock worth $37,774,000 after acquiring an additional 224,747 shares during the last quarter. Balyasny Asset Management L.P. boosted its position in shares of CoreCivic by 361.3% during the second quarter. Balyasny Asset Management L.P. now owns 1,260,637 shares of the real estate investment trust’s stock valued at $26,562,000 after buying an additional 987,375 shares during the last quarter. Finally, Invesco Ltd. lifted its position in shares of CoreCivic by 45.3% during the fourth quarter. Invesco Ltd. now owns 1,162,854 shares of the real estate investment trust’s stock valued at $22,222,000 after purchasing an additional 362,451 shares in the last quarter. Institutional investors own 85.13% of the company’s stock.

CoreCivic announced that its Board of Directors has approved a stock repurchase plan on Monday, November 10th that allows the company to buyback $200.00 million in shares. This buyback authorization allows the real estate investment trust to buy up to 10.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Key Stories Impacting CoreCivic

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CoreCivic Company Profile

(Get Free Report)

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.

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