NYSE:CXW - Corecivic Stock Price, News, & Analysis

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$22.30 -0.04 (-0.18 %)
(As of 05/23/2019 04:00 PM ET)
Previous Close$22.34
Today's Range$22.03 - $22.35
52-Week Range$17.16 - $26.09
Volume406,500 shs
Average Volume590,735 shs
Market Capitalization$2.66 billion
P/E Ratio9.65
Dividend Yield7.88%
Beta1.33
CoreCivic is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a growing network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions. We are a publicly traded real estate investment trust (REIT) and the nation's largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP22025Y40
Phone615-263-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.84 billion
Cash Flow$2.7840 per share
Book Value$11.61 per share

Profitability

Net Income$159.21 million

Miscellaneous

Employees13,890
Market Cap$2.66 billion
Next Earnings Date8/14/2019 (Estimated)
OptionableOptionable

Corecivic (NYSE:CXW) Frequently Asked Questions

What is Corecivic's stock symbol?

Corecivic trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXW."

How often does Corecivic pay dividends? What is the dividend yield for Corecivic?

Corecivic declared a quarterly dividend on Friday, May 17th. Shareholders of record on Monday, July 1st will be given a dividend of $0.44 per share on Tuesday, July 16th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 7.89%. The ex-dividend date is Friday, June 28th. View Corecivic's Dividend History.

How were Corecivic's earnings last quarter?

Corecivic Inc (NYSE:CXW) issued its quarterly earnings results on Wednesday, May, 8th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.59 by $0.18. The real estate investment trust had revenue of $484.06 million for the quarter, compared to analyst estimates of $466.75 million. Corecivic had a return on equity of 12.72% and a net margin of 9.09%. The business's revenue for the quarter was up 9.8% on a year-over-year basis. During the same quarter last year, the business posted $0.53 earnings per share. View Corecivic's Earnings History.

When is Corecivic's next earnings date?

Corecivic is scheduled to release their next quarterly earnings announcement on Wednesday, August 14th 2019. View Earnings Estimates for Corecivic.

What guidance has Corecivic issued on next quarter's earnings?

Corecivic issued an update on its second quarter earnings guidance on Wednesday, May, 8th. The company provided earnings per share (EPS) guidance of $0.62 to $0.64 for the period, compared to the Thomson Reuters consensus estimate of $0.57.

What price target have analysts set for CXW?

1 brokers have issued 1-year target prices for Corecivic's stock. Their forecasts range from $24.00 to $24.00. On average, they expect Corecivic's share price to reach $24.00 in the next year. This suggests a possible upside of 7.6% from the stock's current price. View Analyst Price Targets for Corecivic.

What is the consensus analysts' recommendation for Corecivic?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corecivic in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Corecivic.

Has Corecivic been receiving favorable news coverage?

News coverage about CXW stock has trended somewhat positive on Thursday, according to InfoTrie. InfoTrie ranks the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Corecivic earned a coverage optimism score of 1.9 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.

Who are some of Corecivic's key competitors?

What other stocks do shareholders of Corecivic own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Corecivic investors own include The GEO Group (GEO), General Electric (GE), AT&T (T), ANNALY CAP MGMT/SH (NLY), Realty Income (O), Verizon Communications (VZ), Johnson & Johnson (JNJ), Walmart (WMT), Enterprise Products Partners (EPD) and The Coca-Cola (KO).

Who are Corecivic's key executives?

Corecivic's management team includes the folowing people:
  • Mr. Damon T. Hininger, Pres, CEO & Director (Age 49)
  • Mr. David M. Garfinkle, Exec. VP & CFO (Age 51)
  • Mr. Anthony L. Grande, Exec. VP & Chief Devel. Officer (Age 49)
  • Ms. Lucibeth N. Mayberry J.D., Exec. VP of Real Estate (Age 47)
  • Mr. Patrick Swindle, Exec. VP & Chief Corrections Officer (Age 44)

Who are Corecivic's major shareholders?

Corecivic's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.23%), FMR LLC (3.60%), Renaissance Technologies LLC (2.50%), Northern Trust Corp (1.67%), Geode Capital Management LLC (1.47%) and Vaughan Nelson Investment Management L.P. (1.38%). Company insiders that own Corecivic stock include Charles L Overby, Damon T Hininger, David Garfinkle, Harley G Lappin, Kim White, Lucibeth Mayberry, Mark A Emkes and Thurgood Marshall Jr. View Institutional Ownership Trends for Corecivic.

Which major investors are selling Corecivic stock?

CXW stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Chartwell Investment Partners LLC, Vaughan Nelson Investment Management L.P., Morgan Stanley, Cbre Clarion Securities LLC, California Public Employees Retirement System, Jennison Associates LLC and BNP Paribas Arbitrage SA. Company insiders that have sold Corecivic company stock in the last year include Charles L Overby, Damon T Hininger, David Garfinkle, Harley G Lappin, Kim White and Thurgood Marshall Jr. View Insider Buying and Selling for Corecivic.

Which major investors are buying Corecivic stock?

CXW stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Wells Fargo & Company MN, LSV Asset Management, BlackRock Inc., Geode Capital Management LLC, Amundi Pioneer Asset Management Inc., Voya Investment Management LLC and JPMorgan Chase & Co.. View Insider Buying and Selling for Corecivic.

How do I buy shares of Corecivic?

Shares of CXW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Corecivic's stock price today?

One share of CXW stock can currently be purchased for approximately $22.30.

How big of a company is Corecivic?

Corecivic has a market capitalization of $2.66 billion and generates $1.84 billion in revenue each year. The real estate investment trust earns $159.21 million in net income (profit) each year or $2.31 on an earnings per share basis. Corecivic employs 13,890 workers across the globe.

What is Corecivic's official website?

The official website for Corecivic is http://www.corecivic.com/.

How can I contact Corecivic?

Corecivic's mailing address is 10 BURTON HILLS BLVD, NASHVILLE TN, 37215. The real estate investment trust can be reached via phone at 615-263-3000 or via email at [email protected]


MarketBeat Community Rating for Corecivic (NYSE CXW)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  300 (Vote Outperform)
Underperform Votes:  343 (Vote Underperform)
Total Votes:  643
MarketBeat's community ratings are surveys of what our community members think about Corecivic and other stocks. Vote "Outperform" if you believe CXW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CXW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/23/2019 by MarketBeat.com Staff

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