Q3 Earnings Forecast for CoreCivic Issued By Zacks Small Cap

CoreCivic, Inc. (NYSE:CXW - Free Report) - Analysts at Zacks Small Cap lifted their Q3 2025 earnings estimates for shares of CoreCivic in a note issued to investors on Wednesday, June 11th. Zacks Small Cap analyst M. Marin now anticipates that the real estate investment trust will post earnings per share of $0.47 for the quarter, up from their previous forecast of $0.46. The consensus estimate for CoreCivic's current full-year earnings is $1.50 per share. Zacks Small Cap also issued estimates for CoreCivic's Q4 2025 earnings at $0.47 EPS and FY2025 earnings at $1.83 EPS.

CoreCivic (NYSE:CXW - Get Free Report) last released its earnings results on Wednesday, May 7th. The real estate investment trust reported $0.45 earnings per share 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 business had revenue of $488.60 million during the quarter, compared to the consensus estimate of $478.49 million. During the same quarter last year, the firm earned $0.46 earnings per share. The firm's revenue for the quarter was down 2.4% compared to the same quarter last year.

A number of other research analysts also recently weighed in on the company. Wall Street Zen upgraded CoreCivic from a "hold" rating to a "buy" rating in a research note on Monday. Wedbush reissued an "outperform" rating and issued a $38.00 target price on shares of CoreCivic in a research note on Wednesday.

CoreCivic Stock Down 4.0%

CXW traded down $0.86 on Friday, hitting $20.62. 1,197,685 shares of the company were exchanged, compared to its average volume of 1,135,208. The stock's fifty day moving average is $21.88 and its 200-day moving average is $21.04. CoreCivic has a 12 month low of $11.23 and a 12 month high of $24.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.51 and a current ratio of 1.57. The company has a market cap of $2.25 billion, a PE ratio of 33.80 and a beta of 0.79.

Hedge Funds Weigh In On CoreCivic

A number of large investors have recently made changes to their positions in CXW. Meeder Asset Management Inc. acquired a new position in CoreCivic in the 4th quarter valued at $43,000. Smartleaf Asset Management LLC boosted its position in shares of CoreCivic by 318.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,442 shares of the real estate investment trust's stock valued at $53,000 after acquiring an additional 1,859 shares during the period. Copia Wealth Management acquired a new position in shares of CoreCivic in the fourth quarter valued at about $82,000. Russell Investments Group Ltd. increased its position in CoreCivic by 86,300.0% during the fourth 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. Finally, GAMMA Investing LLC raised its stake in 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 purchasing an additional 470 shares in the last quarter. Institutional investors own 85.13% of the company's stock.

Insider Activity at CoreCivic

In other CoreCivic news, EVP Anthony L. Grande sold 10,000 shares of CoreCivic stock in a transaction on 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 transaction, the executive vice president now directly owns 180,559 shares of the company's stock, valued at $4,012,020.98. The trade was a 5.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Lucibeth Mayberry sold 75,000 shares of the company's stock in a transaction dated Wednesday, May 14th. The shares were sold at an average price of $21.49, for a total transaction of $1,611,750.00. Following the completion of the transaction, the executive vice president now owns 211,232 shares in the company, valued at approximately $4,539,375.68. This trade represents a 26.20% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 184,246 shares of company stock worth $4,061,215. Insiders own 2.30% 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.