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

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$21.6250 -0.09 (-0.41 %)
(As of 12/12/2018 03:37 PM ET)
Previous Close$21.72
Today's Range$21.40 - $22.12
52-Week Range$18.61 - $26.09
Volume753,621 shs
Average Volume856,727 shs
Market Capitalization$2.63 billion
P/E Ratio9.32
Dividend Yield7.78%
Beta1.06
The Company 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

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Current SymbolNYSE:CXW
Previous Symbol
CUSIP22025Y40
Phone615-263-3000

Debt

Debt-to-Equity Ratio1.23
Current Ratio1.14
Quick Ratio1.14

Price-To-Earnings

Trailing P/E Ratio9.32
Forward P/E Ratio9.40
P/E Growth1.61

Sales & Book Value

Annual Sales$1.77 billion
Price / Sales1.45
Cash Flow$2.7796 per share
Price / Cash Flow7.78
Book Value$12.28 per share
Price / Book1.76

Profitability

EPS (Most Recent Fiscal Year)$2.32
Net Income$178.04 million
Net Margins8.88%
Return on Equity11.64%
Return on Assets4.98%

Miscellaneous

Employees12,875
Outstanding Shares118,680,000
Market Cap$2.63 billion
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 Thursday, August 16th. Shareholders of record on Monday, October 1st will be given a dividend of $0.43 per share on Monday, October 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.94%. The ex-dividend date is Friday, September 28th. View Corecivic's Dividend History.

How were Corecivic's earnings last quarter?

Corecivic Inc (NYSE:CXW) issued its quarterly earnings results on Monday, November, 5th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.38 by $0.04. The real estate investment trust had revenue of $462.73 million for the quarter, compared to analyst estimates of $454.79 million. Corecivic had a return on equity of 11.64% and a net margin of 8.88%. The business's revenue for the quarter was up 4.5% on a year-over-year basis. During the same quarter last year, the business posted $0.35 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, February 13th 2019. View Earnings Estimates for Corecivic.

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

Corecivic issued an update on its fourth quarter earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $0.61 to $0.63 for the period, compared to the Thomson Reuters consensus estimate of $0.64. Corecivic also updated its FY 2018 guidance to $2.29-2.31 EPS.

What price target have analysts set for CXW?

2 brokers have issued 1-year target prices for Corecivic's stock. Their forecasts range from $24.00 to $33.00. On average, they expect Corecivic's share price to reach $28.50 in the next year. This suggests a possible upside of 31.5% from the stock's current price. View Analyst Price Targets for Corecivic.

What is the consensus analysts' recommendation for Corecivic?

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

Has Corecivic been receiving favorable news coverage?

News coverage about CXW stock has trended positive on Wednesday, 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 2.3 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future.

Who are some of Corecivic's key competitors?

Who are Corecivic's key executives?

Corecivic's management team includes the folowing people:
  • Mr. Damon T. Hininger, Pres, CEO & Director (Age 48)
  • Mr. David M. Garfinkle, Exec. VP & CFO (Age 50)
  • Mr. Anthony L. Grande, Exec. VP & Chief Devel. Officer (Age 48)
  • Ms. Lucibeth N. Mayberry J.D., Exec. VP of Real Estate (Age 46)
  • Mr. Harley G. Lappin III, Director (Age 62)

Who are Corecivic's major shareholders?

Corecivic's stock is owned by a number of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (14.50%), BlackRock Inc. (11.93%), FMR LLC (6.02%), Bank of New York Mellon Corp (3.06%), Prudential Financial Inc. (2.63%) and Renaissance Technologies LLC (2.00%). Company insiders that own Corecivic stock include Anthony L Grande, C Michael Jacobi, 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 Prudential Financial Inc., First Trust Advisors LP, Morgan Stanley, New South Capital Management Inc., Manning & Napier Group LLC, Vaughan Nelson Investment Management L.P., Chartwell Investment Partners LLC and Jennison Associates LLC. 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 Capital Growth Management LP, FMR LLC, Panagora Asset Management Inc., LSV Asset Management, Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Renaissance Technologies 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 $21.6710.

How big of a company is Corecivic?

Corecivic has a market capitalization of $2.63 billion and generates $1.77 billion in revenue each year. The real estate investment trust earns $178.04 million in net income (profit) each year or $2.32 on an earnings per share basis. Corecivic employs 12,875 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:  2.4 out of 5 (star star)
Outperform Votes:  283 (Vote Outperform)
Underperform Votes:  313 (Vote Underperform)
Total Votes:  596
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 12/12/2018 by MarketBeat.com Staff

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