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

Sign in or create an account to add this stock to your watchlist.
$23.79 +0.39 (+1.67 %)
(As of 10/23/2018 04:00 PM ET)
Previous Close$23.40
Today's Range$23.28 - $23.92
52-Week Range$18.61 - $26.49
Volume611,400 shs
Average Volume883,358 shs
Market Capitalization$2.77 billion
P/E Ratio10.25
Dividend Yield7.36%
Beta1.03
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 government agencies. The Company has been a flexible and dependable partner for government for more than 30 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.

Receive CXW News and Ratings via Email

Sign-up to receive the latest news and ratings for CXW and its competitors with MarketBeat's FREE daily newsletter.

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 Ratio1.04
Current Ratio1.19
Quick Ratio1.19

Price-To-Earnings

Trailing P/E Ratio10.25
Forward P/E Ratio10.25
P/E Growth1.68

Sales & Book Value

Annual Sales$1.77 billion
Price / Sales1.60
Cash Flow$2.8942 per share
Price / Cash8.22
Book Value$12.28 per share
Price / Book1.94

Profitability

EPS (Most Recent Fiscal Year)$2.32
Net Income$178.04 million
Net Margins8.99%
Return on Equity11.44%
Return on Assets5.05%

Miscellaneous

Employees12,875
Outstanding Shares118,570,000
Market Cap$2.77 billion
OptionableN/A

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 announced a quarterly dividend on Thursday, August 16th. Investors of record on Monday, October 1st will be paid a dividend of $0.43 per share on Monday, October 15th. This represents a $1.72 annualized dividend and a yield of 7.23%. 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 Wednesday, August, 8th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.34 by $0.01. The real estate investment trust earned $449.93 million during the quarter, compared to the consensus estimate of $435.61 million. Corecivic had a return on equity of 11.44% and a net margin of 8.99%. Corecivic's revenue was up 3.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.59 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 Monday, November 5th 2018. View Earnings Estimates for Corecivic.

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

Corecivic updated its FY18 earnings guidance on Wednesday, August, 8th. The company provided earnings per share (EPS) guidance of $2.29-2.33 for the period, compared to the Thomson Reuters consensus estimate of $2.28. Corecivic also updated its Q3 guidance to $0.57-0.59 EPS.

What price target have analysts set for CXW?

2 Wall Street analysts have issued 12 month price objectives for Corecivic's shares. Their forecasts range from $33.00 to $37.00. On average, they expect Corecivic's stock price to reach $35.00 in the next twelve months. This suggests a possible upside of 47.1% 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Corecivic.

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 many different of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.22%), Delta Asset Management LLC TN (0.17%), Strs Ohio (0.16%), Foundry Partners LLC (0.10%), Bank of Montreal Can (0.06%) and Nisa Investment Advisors LLC (0.05%). 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 Manning & Napier Group LLC, Delta Asset Management LLC TN, Strs Ohio and State of Alaska Department of Revenue. 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 purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Alpha Windward LLC, Fox Run Management L.L.C., Ramsey Quantitative Systems, First Hawaiian Bank, Cornerstone Wealth Management LLC, Bank of Montreal Can and Aperio Group LLC. 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 $23.79.

How big of a company is Corecivic?

Corecivic has a market capitalization of $2.77 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:  281 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  583
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 10/23/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel