Noble Financial Predicts CoreCivic's Q3 Earnings (NYSE:CXW)

Key Points

• Noble Financial has raised its Q3 2025 earnings per share estimate for CoreCivic to $0.48, up from $0.43, reflecting increased confidence in the company's performance.
• CoreCivic's recent quarterly results showed an EPS of $0.59, exceeding analysts' expectations of $0.43, along with a revenue of $538.17 million which was significantly higher than estimates.
• Several brokerages have recently given positive ratings for CoreCivic, with Wall Street Zen upgrading the stock to a "strong-buy" and an average target price set at $33.33.

CoreCivic, Inc. (NYSE:CXW - Free Report) - Noble Financial upped their Q3 2025 earnings per share (EPS) estimates for shares of CoreCivic in a research note issued on Monday, August 11th. Noble Financial analyst J. Gomes now anticipates that the real estate investment trust will earn $0.48 per share for the quarter, up from their prior estimate of $0.43. The consensus estimate for CoreCivic's current full-year earnings is $1.50 per share. Noble Financial also issued estimates for CoreCivic's Q4 2025 earnings at $0.51 EPS.

Several other brokerages have also issued reports on CXW. Jones Trading reaffirmed a "buy" rating and set a $30.00 target price on shares of CoreCivic in a research report on Thursday, August 7th. Wall Street Zen raised CoreCivic from a "hold" rating to a "strong-buy" rating in a research report on Saturday. Finally, Wedbush reaffirmed an "outperform" rating and set a $38.00 target price on shares of CoreCivic in a research report on Wednesday, June 11th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $33.33.

CoreCivic Trading Down 1.5%

NYSE CXW opened at $20.20 on Tuesday. The firm has a market capitalization of $2.16 billion, a P/E ratio of 21.48 and a beta of 0.80. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.68. The business has a fifty day simple moving average of $20.89 and a 200 day simple moving average of $20.67. CoreCivic has a 12 month low of $12.13 and a 12 month high of $24.99.

CoreCivic (NYSE:CXW - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The real estate investment trust reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.43 by $0.16. The business had revenue of $538.17 million during the quarter, compared to analyst estimates of $499.02 million. CoreCivic had a return on equity of 7.12% and a net margin of 5.21%. CoreCivic's quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.42 EPS.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CXW. CWM LLC grew its stake in shares of CoreCivic by 80.1% during the 2nd quarter. CWM LLC now owns 2,186 shares of the real estate investment trust's stock worth $46,000 after acquiring an additional 972 shares during the period. Copia Wealth Management bought a new position in shares of CoreCivic during the 4th quarter worth $82,000. Russell Investments Group Ltd. grew its stake in shares of CoreCivic by 86,300.0% during 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 during the period. GAMMA Investing LLC grew its stake in shares of CoreCivic by 10.0% during 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 during the period. Finally, Harbour Investments Inc. lifted its holdings in CoreCivic by 215.6% during the 1st quarter. Harbour Investments Inc. now owns 5,337 shares of the real estate investment trust's stock worth $108,000 after purchasing an additional 3,646 shares in the last quarter. Institutional investors own 85.13% of the company's stock.

Insider Activity at CoreCivic

In other news, CEO Damon T. Hininger sold 72,246 shares of the stock in a transaction on Wednesday, May 21st. The stock was 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 approximately $19,784,790. This represents a 7.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stacia Hylton sold 4,000 shares of the stock in a transaction on Friday, May 30th. The stock was sold at an average price of $21.69, for a total value of $86,760.00. Following the transaction, the director owned 82,969 shares of the company's stock, valued at $1,799,597.61. The trade was a 4.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 184,246 shares of company stock worth $4,061,215 in the last three months. Corporate insiders own 2.30% of the company's stock.

CoreCivic Company Profile

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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