Q3 Earnings Forecast for CoreCivic Issued By Zacks Small Cap

CoreCivic, Inc. (NYSE:CXW - Free Report) - Stock analysts at Zacks Small Cap increased their Q3 2025 earnings estimates for shares of CoreCivic in a research note issued on Wednesday, June 11th. Zacks Small Cap analyst M. Marin now expects that the real estate investment trust will post earnings of $0.47 per share for the quarter, up from their prior 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.

Other research analysts have also recently issued research reports about the company. Wedbush reissued an "outperform" rating and issued a $38.00 target price on shares of CoreCivic in a research note on Wednesday, June 11th. Wall Street Zen upgraded CoreCivic from a "hold" rating to a "buy" rating in a report on Monday, June 9th.

CoreCivic Price Performance

Shares of NYSE:CXW traded up $0.09 during trading on Friday, reaching $20.70. The company had a trading volume of 1,095,789 shares, compared to its average volume of 1,136,218. The company has a fifty day moving average of $21.94 and a two-hundred day moving average of $21.00. The stock has a market capitalization of $2.26 billion, a P/E ratio of 33.93 and a beta of 0.79. CoreCivic has a 12 month low of $11.23 and a 12 month high of $24.99. 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 (NYSE:CXW - Get Free Report) last released its quarterly earnings results 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 3.51% and a return on equity of 5.97%. The business's quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.46 earnings per share.

Institutional Investors Weigh In On CoreCivic

Several institutional investors and hedge funds have recently bought and sold shares of CXW. GAMMA Investing LLC lifted its holdings in shares of CoreCivic by 10.0% during the first quarter. GAMMA Investing LLC now owns 5,156 shares of the real estate investment trust's stock valued at $105,000 after purchasing an additional 470 shares during the last quarter. Bank of Montreal Can raised its stake in CoreCivic by 8.0% during the fourth quarter. Bank of Montreal Can now owns 12,742 shares of the real estate investment trust's stock valued at $277,000 after buying an additional 944 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in CoreCivic by 2.2% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 62,000 shares of the real estate investment trust's stock valued at $1,348,000 after buying an additional 1,322 shares during the last quarter. State of Wyoming raised its position in shares of CoreCivic by 7.5% in the 4th quarter. State of Wyoming now owns 20,796 shares of the real estate investment trust's stock worth $452,000 after purchasing an additional 1,443 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its position 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 purchasing an additional 1,859 shares during the last quarter. Hedge funds and other institutional investors own 85.13% of the company's stock.

Insider Buying and Selling at CoreCivic

In other CoreCivic news, Director Stacia Hylton sold 4,000 shares of the stock in a transaction on Friday, May 30th. The shares were sold at an average price of $21.69, for a total transaction of $86,760.00. Following the completion of the sale, the director now owns 82,969 shares of the company's stock, valued at $1,799,597.61. This represents a 4.60% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Lucibeth Mayberry sold 75,000 shares of the stock in a transaction on 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 sale, the executive vice president now directly owns 211,232 shares of the company's stock, valued at $4,539,375.68. The trade was a 26.20% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 184,246 shares of company stock worth $4,061,215 over the last three months. Company 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.