CenterBook Partners LP Decreases Stock Position in CoreCivic, Inc. $CXW

CenterBook Partners LP cut its stake in CoreCivic, Inc. (NYSE:CXW) by 82.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 53,016 shares of the real estate investment trust’s stock after selling 254,971 shares during the quarter. CenterBook Partners LP’s holdings in CoreCivic were worth $1,079,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the company. Smartleaf Asset Management LLC raised its stake in shares of CoreCivic by 33.0% in the second quarter. Smartleaf Asset Management LLC now owns 2,829 shares of the real estate investment trust’s stock valued at $59,000 after acquiring an additional 702 shares during the period. Texas Permanent School Fund Corp grew its holdings in CoreCivic by 0.6% during the 2nd quarter. Texas Permanent School Fund Corp now owns 121,147 shares of the real estate investment trust’s stock valued at $2,553,000 after purchasing an additional 709 shares during the last quarter. CWM LLC raised its position in CoreCivic by 80.1% in the 2nd quarter. CWM LLC now owns 2,186 shares of the real estate investment trust’s stock worth $46,000 after purchasing an additional 972 shares during the period. Lazard Asset Management LLC raised its position in CoreCivic by 10.4% in the 2nd quarter. Lazard Asset Management LLC now owns 10,595 shares of the real estate investment trust’s stock worth $223,000 after purchasing an additional 1,002 shares during the period. Finally, Police & Firemen s Retirement System of New Jersey lifted its stake in CoreCivic by 4.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 24,679 shares of the real estate investment trust’s stock worth $520,000 after purchasing an additional 1,121 shares during the last quarter. Institutional investors own 85.13% of the company’s stock.

CoreCivic Price Performance

Shares of CXW stock opened at $16.73 on Friday. CoreCivic, Inc. has a twelve month low of $15.95 and a twelve month high of $23.54. The company has a current ratio of 1.66, a quick ratio of 1.41 and a debt-to-equity ratio of 0.86. The stock has a fifty day simple moving average of $19.12 and a two-hundred day simple moving average of $19.17. The stock has a market capitalization of $1.75 billion, a price-to-earnings ratio of 15.49 and a beta of 0.71.

CoreCivic (NYSE:CXW) last released its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.16). CoreCivic had a net margin of 5.27% and a return on equity of 8.17%. The firm had revenue of $603.95 million during the quarter, compared to the consensus estimate of $585.12 million. During the same quarter in the previous year, the firm earned $0.39 earnings per share. The business’s revenue was up 26.0% compared to the same quarter last year. On average, analysts predict that CoreCivic, Inc. will post 1.5 EPS for the current fiscal year.

CoreCivic announced that its board has authorized a share repurchase program on Monday, November 10th that authorizes the company to buyback $200.00 million in shares. This buyback authorization authorizes the real estate investment trust to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Ratings Changes

A number of research firms have recently commented on CXW. JonesTrading reaffirmed a “buy” rating and set a $30.00 target price on shares of CoreCivic in a research note on Friday, February 13th. Wall Street Zen upgraded CoreCivic from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $34.00.

More CoreCivic News

Here are the key news stories impacting CoreCivic this week:

• Positive Sentiment: Zacks Research raised near‑term and FY‑2026 earnings estimates (Q1: $0.56, Q2: $0.63, Q3: $0.67, Q4: $0.68; FY: $2.54), implying stronger underlying profitability than current consensus — this could support upside if execution matches forecasts. Zacks Research estimates
• Positive Sentiment: Analyst commentary argues momentum in CoreCivic’s business is not fully reflected in the share price, highlighting potential upside if contract wins and margin improvements continue. That note may attract buyers looking for a recovery play. CXW: Momentum Continues But Not Fully Reflected in Shares
• Positive Sentiment: CoreCivic was listed among “undervalued” commercial services stocks by an investor publication, which can draw value‑oriented buyers if the company sustains cash flow and dividend stability. 4 Undervalued Commercial Services & Supplies Stocks
• Neutral Sentiment: Noble Financial issued a Q1 earnings forecast for CoreCivic; guidance messages from boutique/independent shops tend to move short‑term expectations but usually carry less market weight than major broker revisions. Monitor if larger houses follow. Q1 Earnings Forecast for CoreCivic Issued By Noble Financial
• Neutral Sentiment: Coverage of the Q4 earnings call highlighted several analyst questions on contract renewals, margins and capital allocation — useful for investors assessing execution risk but not an immediate catalyst. 5 revealing analyst questions from CoreCivic’s Q4 earnings call
• Negative Sentiment: Sector‑wide selling that hit GEO and CoreCivic today is being tied to investor concerns about contract risk (ICE/DHS exposure), political/regulatory headlines and clobbered sentiment after the recent EPS miss — this likely explains the heavier selloff and elevated volume. GEO Group and CoreCivic stocks are getting beaten up today – why such a selloff?
• Negative Sentiment: An opinion piece opposing reopening a CoreCivic‑operated facility in Leavenworth highlights reputational and local political risks; renewed opposition can pressure stock if it leads to lost contracts or slower expansions. Don’t bring ICE abuse to Leavenworth by reopening CoreCivic prison | Opinion

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.