CoreCivic (CXW) to Release Quarterly Earnings on Wednesday

Key Points

• CoreCivic (CXW) is set to release its Q2 2025 earnings results on August 6th, with expectations of $0.41 per share earnings and $499.02 million in revenue.
• Analysts have issued mixed ratings, with Wedbush maintaining an "outperform" rating and setting a price target of $38.00, while Wall Street Zen downgraded the stock to a "hold" rating.
• Insider transactions revealed that CEO Damon T. Hininger sold 72,246 shares at an average price of $22.50, marking a significant decrease in his ownership.

CoreCivic (NYSE:CXW - Get Free Report) is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, August 6th. Analysts expect CoreCivic to post earnings of $0.41 per share and revenue of $499.02 million for the quarter. CoreCivic has set its FY 2025 guidance at 1.720-1.820 EPS.

CoreCivic (NYSE:CXW - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.45 EPS for the quarter, beating the consensus estimate of $0.35 by $0.10. CoreCivic had a net margin of 4.33% and a return on equity of 5.75%. The business had revenue of $488.60 million for the quarter, compared to the consensus estimate of $478.49 million. During the same period in the prior year, the firm earned $0.46 EPS. The business's revenue for the quarter was down 2.4% on a year-over-year basis. On average, analysts expect CoreCivic to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

CoreCivic Stock Performance

NYSE:CXW traded down $0.41 during mid-day trading on Friday, hitting $19.63. The company's stock had a trading volume of 705,263 shares, compared to its average volume of 1,112,695. The business's fifty day moving average is $21.18 and its two-hundred day moving average is $20.82. The stock has a market cap of $2.14 billion, a price-to-earnings ratio of 25.83 and a beta of 0.77. CoreCivic has a 1 year low of $11.81 and a 1 year high of $24.99. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.55 and a quick ratio of 1.55.

Wall Street Analysts Forecast Growth

Several analysts recently commented on CXW shares. Wedbush restated an "outperform" rating and set a $38.00 price target on shares of CoreCivic in a research report on Wednesday, June 11th. Wall Street Zen lowered CoreCivic from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Finally, Jones Trading reaffirmed a "buy" rating and set a $30.00 target price on shares of CoreCivic in a research note on Friday, July 18th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $33.33.

Insider Activity at CoreCivic

In other CoreCivic news, EVP Anthony L. Grande sold 10,000 shares of CoreCivic stock in a transaction dated Monday, May 19th. The stock was sold at an average price of $22.22, for a total transaction of $222,200.00. Following the completion of the sale, the executive vice president directly owned 180,559 shares of the company's stock, valued at $4,012,020.98. The trade was a 5.25% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Damon T. Hininger sold 72,246 shares of the stock in a transaction that occurred on Wednesday, May 21st. The shares were sold at an average price of $22.50, for a total transaction of $1,625,535.00. Following the completion of the transaction, the chief executive officer owned 879,324 shares in the company, valued at $19,784,790. This represents a 7.59% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 184,246 shares of company stock worth $4,061,215 over the last ninety days. 2.30% of the stock is currently owned by insiders.

Hedge Funds Weigh In On CoreCivic

Several large investors have recently bought and sold shares of CXW. Intech Investment Management LLC grew its holdings in shares of CoreCivic by 12.2% during the first quarter. Intech Investment Management LLC now owns 73,281 shares of the real estate investment trust's stock worth $1,487,000 after buying an additional 7,971 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in CoreCivic by 2.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,467 shares of the real estate investment trust's stock worth $4,473,000 after buying an additional 4,977 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of CoreCivic by 3,884.2% in the 1st quarter. Jones Financial Companies Lllp now owns 18,885 shares of the real estate investment trust's stock worth $383,000 after acquiring an additional 18,411 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of CoreCivic by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,828 shares of the real estate investment trust's stock worth $1,315,000 after acquiring an additional 2,828 shares during the period. Finally, AQR Capital Management LLC lifted its position in CoreCivic by 69.8% in the first quarter. AQR Capital Management LLC now owns 28,120 shares of the real estate investment trust's stock valued at $571,000 after purchasing an additional 11,557 shares during the period. Institutional investors and hedge funds own 85.13% of the company's stock.

About CoreCivic

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.