Noble Financial Estimates CoreCivic's Q2 Earnings (NYSE:CXW)

CoreCivic, Inc. (NYSE:CXW - Free Report) - Investment analysts at Noble Financial raised their Q2 2025 earnings estimates for shares of CoreCivic in a report released on Monday, May 12th. Noble Financial analyst J. Gomes now anticipates that the real estate investment trust will earn $0.42 per share for the quarter, up from their prior forecast of $0.41. Noble Financial has a "Outperform" rating on the stock. The consensus estimate for CoreCivic's current full-year earnings is $1.50 per share. Noble Financial also issued estimates for CoreCivic's FY2026 earnings at $1.88 EPS.

Several other research analysts have also commented on CXW. StockNews.com upgraded shares of CoreCivic from a "hold" rating to a "buy" rating in a report on Wednesday, May 7th. Wedbush restated an "outperform" rating and issued a $30.00 price objective on shares of CoreCivic in a report on Tuesday, February 11th.

CoreCivic Stock Down 1.4%

Shares of NYSE CXW opened at $21.58 on Tuesday. The company has a current ratio of 1.57, a quick ratio of 1.51 and a debt-to-equity ratio of 0.65. CoreCivic has a 12 month low of $10.74 and a 12 month high of $24.99. The firm has a market capitalization of $2.36 billion, a PE ratio of 35.38 and a beta of 0.79. The firm has a fifty day simple moving average of $20.96 and a two-hundred day simple moving average of $20.60.

CoreCivic (NYSE:CXW - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.45 EPS for the quarter, beating analysts' consensus estimates of $0.35 by $0.10. CoreCivic had a net margin of 3.51% and a return on equity of 5.97%. The company had revenue of $488.60 million during the quarter, compared to analyst estimates of $478.49 million. During the same period in the prior year, the business posted $0.46 EPS. The firm's revenue was down 2.4% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. bought a new position in shares of CoreCivic in the 4th quarter worth about $43,000. Smartleaf Asset Management LLC increased its stake in shares of CoreCivic by 318.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,442 shares of the real estate investment trust's stock worth $53,000 after acquiring an additional 1,859 shares in the last quarter. Copia Wealth Management bought a new position in shares of CoreCivic in the 4th quarter worth about $82,000. Russell Investments Group Ltd. increased its stake in shares of CoreCivic by 86,300.0% in the 4th quarter. Russell Investments Group Ltd. now owns 4,320 shares of the real estate investment trust's stock worth $94,000 after acquiring an additional 4,315 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake in shares of CoreCivic by 10.0% in the 1st quarter. GAMMA Investing LLC now owns 5,156 shares of the real estate investment trust's stock worth $105,000 after acquiring an additional 470 shares in the last quarter. 85.13% of the stock is currently owned by institutional investors.

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.

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