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 projected to announce its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce 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 issued its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.45 earnings per share for the quarter, topping the consensus estimate 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 4.33% and a return on equity of 5.75%. The business's quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.46 EPS. 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 trading hours on Friday, hitting $19.63. 705,263 shares of the company's stock traded hands, compared to its average volume of 954,575. CoreCivic has a 52 week low of $11.81 and a 52 week high of $24.99. The firm has a market capitalization of $2.14 billion, a P/E ratio of 25.83 and a beta of 0.80. The company has a current ratio of 1.55, a quick ratio of 1.55 and a debt-to-equity ratio of 0.66. The business's fifty day moving average price is $21.13 and its two-hundred day moving average price is $20.80.

Insider Transactions at CoreCivic

In related news, EVP Anthony L. Grande sold 10,000 shares of CoreCivic stock in a transaction dated Monday, May 19th. The shares were 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 owned 180,559 shares in the company, valued at $4,012,020.98. This trade represents a 5.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Stacia Hylton sold 4,000 shares of the company's stock in a transaction dated Friday, May 30th. The stock was sold at an average price of $21.69, for a total transaction of $86,760.00. Following the completion of the transaction, the director owned 82,969 shares in the company, valued at $1,799,597.61. This represents a 4.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 184,246 shares of company stock worth $4,061,215. 2.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on CXW shares. Jones Trading reiterated a "buy" rating and set a $30.00 target price on shares of CoreCivic in a research report on Friday, July 18th. Wall Street Zen downgraded shares of CoreCivic from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, Wedbush restated an "outperform" rating and issued a $38.00 price objective on shares of CoreCivic in a research report on Wednesday, June 11th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $33.33.

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.