NYSE:CXW - Corecivic Stock Price, News & Analysis

$17.81
-0.25 (-1.38 %)
(As of 09/16/2019 02:49 AM ET)
Today's Range
$17.79
Now: $17.81
$18.36
50-Day Range
$15.76
MA: $17.16
$18.02
52-Week Range
$15.56
Now: $17.81
$25.82
Volume648,411 shs
Average Volume539,454 shs
Market Capitalization$2.12 billion
P/E Ratio7.71
Dividend Yield9.75%
Beta1.03
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. Read More…

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$2.7570 per share
Book Value$11.92 per share

Profitability

Net Income$159.21 million

Miscellaneous

Employees13,890
Market Cap$2.12 billion
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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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 15th. Shareholders of record on Tuesday, October 1st will be paid a dividend of $0.44 per share on Tuesday, October 15th. This represents a $1.76 dividend on an annualized basis and a yield of 9.88%. The ex-dividend date of this dividend is Monday, September 30th. View Corecivic's Dividend History.

How were Corecivic's earnings last quarter?

Corecivic Inc (NYSE:CXW) posted its quarterly earnings data on Monday, August, 5th. The real estate investment trust reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.07. The real estate investment trust earned $490.29 million during the quarter, compared to analyst estimates of $483.78 million. Corecivic had a net margin of 9.39% and a return on equity of 13.50%. Corecivic's revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.57 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 4th 2019. View Earnings Estimates for Corecivic.

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

Corecivic issued an update on its FY19 earnings guidance on Monday, August, 5th. The company provided EPS guidance of $2.58-2.62 for the period.

What price target have analysts set for CXW?

1 brokers have issued 1-year price targets for Corecivic's stock. Their forecasts range from $24.00 to $24.00. On average, they anticipate Corecivic's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 34.8% 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?

Headlines about CXW stock have trended somewhat positive recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Corecivic earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave headlines about the real estate investment trust a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Corecivic.

Are investors shorting Corecivic?

Corecivic saw a decline in short interest in August. As of August 31st, there was short interest totalling 1,247,900 shares, a decline of 13.2% from the July 31st total of 1,437,000 shares. Based on an average trading volume of 935,000 shares, the short-interest ratio is presently 1.3 days. Approximately 1.1% of the company's stock are short sold. View Corecivic's Current Options Chain.

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), AT&T (T), General Electric (GE), Verizon Communications (VZ), ANNALY CAP MGMT/SH (NLY), Realty Income (O), Enterprise Products Partners (EPD), Johnson & Johnson (JNJ), Walmart (WMT) and Altria Group (MO).

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 institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.04%), BlackRock Inc. (12.27%), BlackRock Inc. (12.27%), Renaissance Technologies LLC (3.26%), Prudential Financial Inc. (2.92%) and Bank of New York Mellon Corp (1.82%). Company insiders that own Corecivic stock include Charles L Overby, Damon T Hininger, David Garfinkle, Harley G Lappin, Kim White, Mark A Emkes and Thurgood Marshall Jr. View Institutional Ownership Trends for Corecivic.

Which institutional investors are selling Corecivic stock?

CXW stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Jennison Associates LLC, Jennison Associates LLC, Morgan Stanley, Sapience Investments LLC, Jacobs Levy Equity Management Inc., BNP Paribas Arbitrage SA and AXA. Company insiders that have sold Corecivic company stock in the last year include Damon T Hininger, David Garfinkle and Thurgood Marshall Jr. View Insider Buying and Selling for Corecivic.

Which institutional investors are buying Corecivic stock?

CXW stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, Intrinsic Edge Capital Management LLC, Prudential Financial Inc., JPMorgan Chase & Co., Hourglass Capital LLC, Hillsdale Investment Management Inc. and Bank of New York Mellon Corp. 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, Robinhood, Fidelity and Charles Schwab.

What is Corecivic's stock price today?

One share of CXW stock can currently be purchased for approximately $17.81.

How big of a company is Corecivic?

Corecivic has a market capitalization of $2.12 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.View Additional Information About Corecivic.

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 5501 VIRGINIA WAY, BRENTWOOD 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:  315 (Vote Outperform)
Underperform Votes:  363 (Vote Underperform)
Total Votes:  678
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 9/16/2019 by MarketBeat.com Staff

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