NYSE:CXW CoreCivic - CXW Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding CoreCivic, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $10.43 -0.13 (-1.23%) (As of 01/30/2023 11:44 AM ET) Add Compare Share Share Today's Range$10.29▼$10.5850-Day Range$10.56▼$13.2852-Week Range$8.39▼$14.24Volume214,707 shsAverage Volume809,516 shsMarket Capitalization$1.20 billionP/E Ratio9.84Dividend YieldN/APrice Target$17.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media CoreCivic MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside62.4% Upside$17.00 Price TargetShort InterestHealthy3.08% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.12Based on 4 Articles This WeekInsider TradingSelling Shares$1.35 M Sold Last QuarterProj. Earnings Growth24.81%From $1.29 to $1.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.87 out of 5 starsFinance Sector64th out of 891 stocksReal Estate Investment Trusts Industry14th out of 191 stocks 3.5 Analyst's Opinion Consensus RatingCoreCivic has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.00, CoreCivic has a forecasted upside of 62.4% from its current price of $10.47.Amount of Analyst CoverageCoreCivic has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.08% of the float of CoreCivic has been sold short.Short Interest Ratio / Days to CoverCoreCivic has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in CoreCivic has recently increased by 42.39%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldCoreCivic does not currently pay a dividend.Dividend GrowthCoreCivic does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of CoreCivic is 166.04%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, CoreCivic will have a dividend payout ratio of 109.32% in the coming year. This indicates that CoreCivic may not be able to sustain their current dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CXW. Previous Next 2.3 News and Social Media Coverage News SentimentCoreCivic has a news sentiment score of 0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.66 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for CoreCivic this week, compared to 2 articles on an average week.Search InterestOnly 3 people have searched for CXW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows2 people have added CoreCivic to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, CoreCivic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,349,227.00 in company stock.Percentage Held by InsidersOnly 1.93% of the stock of CoreCivic is held by insiders.Percentage Held by Institutions80.87% of the stock of CoreCivic is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for CoreCivic are expected to grow by 24.81% in the coming year, from $1.29 to $1.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of CoreCivic is 9.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.05.Price to Earnings Ratio vs. SectorThe P/E ratio of CoreCivic is 9.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 176.91.Price to Book Value per Share RatioCoreCivic has a P/B Ratio of 0.92. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About CoreCivic (NYSE:CXW) StockCoreCivic, 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. Its correctional, detention, and residential reentry facilities offer rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. As of December 31, 2021, the company owned and operated 46 correctional and detention facilities, 26 residential reentry centers, and 10 properties for lease. The company was founded in 1983 and is based in Brentwood, Tennessee.Read More Receive CXW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CoreCivic and its competitors with MarketBeat's FREE daily newsletter. Email Address CXW Stock News HeadlinesJanuary 24, 2023 | finance.yahoo.comCoreCivic Announces 2022 Fourth Quarter Earnings Release and Conference Call DatesJanuary 20, 2023 | americanbankingnews.comInsider Selling: CoreCivic, Inc. (NYSE:CXW) CFO Sells 7,500 Shares of StockJanuary 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…January 20, 2023 | americanbankingnews.comCoreCivic, Inc. (NYSE:CXW) EVP Cole G. Carter Sells 5,000 SharesJanuary 12, 2023 | finance.yahoo.comCXW: Potential Upcoming Catalysts Include Pending Senior Note RedemptionDecember 25, 2022 | finance.yahoo.comCoreCivic's (NYSE:CXW) earnings have declined over five years, contributing to shareholders 35% lossDecember 22, 2022 | finance.yahoo.comCoreCivic to Redeem 4.625% Senior Notes Due 2023December 6, 2022 | finance.yahoo.comCoreCivic Receives Lease Termination Notice for the California City Correctional Center from the State of CaliforniaJanuary 30, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 5, 2022 | finance.yahoo.comInstitutional investors are CoreCivic, Inc.'s (NYSE:CXW) biggest bettors and were rewarded after last week's US$68m market cap gainNovember 18, 2022 | finance.yahoo.comCoreCivic, Inc.'s (NYSE:CXW) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?November 14, 2022 | investorplace.comMichael Burry Doubles Down on Prison Stocks With CoreCivic (CXW) BetNovember 4, 2022 | finance.yahoo.comCXW: Occupancies Improving; La Palma Transition Nearing Completion; Balance Sheet Strength Reflecting CXW InitiativesNovember 2, 2022 | finance.yahoo.comCoreCivic Reports Third Quarter 2022 Financial ResultsOctober 30, 2022 | finance.yahoo.comIs There Now An Opportunity In CoreCivic, Inc. (NYSE:CXW)?October 26, 2022 | finance.yahoo.comCoreCivic Announces 2022 Third Quarter Earnings Release and Conference Call DatesOctober 12, 2022 | finance.yahoo.comIs There An Opportunity With CoreCivic, Inc.'s (NYSE:CXW) 38% Undervaluation?September 30, 2022 | investors.comTO: ALL CURRENT RECORD HOLDERS AND BENEFICIAL OWNERS OF THE COMMON STOCK OF CORECIVIC, INC. ("CORECIVIC" OR THE "COMPANY") AS OF SEPTEMBER 9, 2022 ("CURRENT CORECIVIC SHAREHOLDE - Investor's Business DailySeptember 27, 2022 | bloomberg.comUS Detention-Center Owners Reject Claims of Human Rights Violations - BloombergSeptember 26, 2022 | reuters.comGEO Group wins legal challenge to California ban on private immigrant prisons - ReutersSeptember 26, 2022 | apnews.comStaffing shortages, violence plague Oklahoma prisons - The Associated Press - en EspañolSeptember 22, 2022 | seekingalpha.comGEO: Strong Financial Outlook, Room For Dividends/Share Buybacks, And High Short Interest - Seeking AlphaSeptember 19, 2022 | finance.yahoo.comCoreCivic (NYSE:CXW) Has More To Do To Multiply In Value Going ForwardSeptember 16, 2022 | nypost.comFake heiress Anna Sorokin blasts US immigration system in jailhouse letter - New York Post September 11, 2022 | seekingalpha.comIs CoreCivic Stock Weakness An Opportunity? (NYSE:CXW) - Seeking AlphaSeptember 6, 2022 | seekingalpha.comCoreCivic: 16% Buyback Yield Should Drive The Share Price Up Sharply (NYSE:CXW) - Seeking AlphaAugust 26, 2022 | nasdaq.comLet's Talk About Michael Burry Selling Every Stock but One - NasdaqSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CXW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for CoreCivic and its competitors with MarketBeat's FREE daily newsletter. Email Address CXW Company Calendar Last Earnings5/04/2022Today1/30/2023Next Earnings (Confirmed)2/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:CXW CUSIP22025Y40 CIK1070985 Webwww.corecivic.com Phone(615) 263-3000Fax615-263-3140Employees10,350Year FoundedN/APrice Target and Rating Average Stock Price Forecast$17.00 High Stock Price Forecast$17.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+63.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.06 Trailing P/E Ratio9.84 Forward P/E Ratio8.09 P/E GrowthN/ANet Income$-51,900,000.00 Net Margins6.82% Pretax Margin9.22% Return on Equity5.49% Return on Assets2.24% Debt Debt-to-Equity Ratio0.79 Current Ratio1.12 Quick Ratio1.12 Sales & Book Value Annual Sales$1.85 billion Price / Sales0.65 Cash Flow$2.21 per share Price / Cash Flow4.72 Book Value$11.41 per share Price / Book0.91Miscellaneous Outstanding Shares114,981,000Free Float112,762,000Market Cap$1.20 billion OptionableOptionable Beta0.99 Key ExecutivesMr. Damon T. Hininger (Age 53)Pres, CEO & Director Comp: $2.76MMr. David M. Garfinkle (Age 55)Exec. VP & CFO Comp: $1.26MMr. Patrick Swindle (Age 48)Exec. VP & COO Comp: $1.17MMr. Anthony L. Grande (Age 53)Exec. VP & Chief Devel. Officer Comp: $1.3MMs. Lucibeth N. Mayberry J.D. (Age 51)Exec. VP & Chief Innovation Officer Comp: $1.17MMr. Harley G. Lappin III (Age 67)Director Mr. John PfeifferChief Information Officer & VP of TechnologyMr. Cameron HopewellManaging Director of Investor RelationsMr. Cole G. Carter J.D. (Age 54)Exec. VP, Gen. Counsel & Sec. Mr. Scott CraddockVP & Chief Ethics and Compliance OfficerMore ExecutivesKey CompetitorsService Properties TrustNASDAQ:SVCLTC PropertiesNYSE:LTCSummit Hotel PropertiesNYSE:INNUniversal Health Realty Income TrustNYSE:UHTChatham Lodging TrustNYSE:CLDTView All CompetitorsInsiders & InstitutionsNew York State Teachers Retirement SystemSold 1,600 shares on 1/27/2023Ownership: 0.128%Comerica BankSold 21,708 shares on 1/26/2023Ownership: 0.200%Oregon Public Employees Retirement FundSold 1,745 shares on 1/26/2023Ownership: 0.033%Dupont Capital Management CorpBought 8,305 shares on 1/26/2023Ownership: 0.007%Louisiana State Employees Retirement SystemSold 1,600 shares on 1/24/2023Ownership: 0.047%View All Insider TransactionsView All Institutional Transactions CXW Stock - Frequently Asked Questions Should I buy or sell CoreCivic stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CoreCivic in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CXW shares. View CXW analyst ratings or view top-rated stocks. What is CoreCivic's stock price forecast for 2023? 2 brokers have issued 12 month price objectives for CoreCivic's shares. Their CXW share price forecasts range from $17.00 to $17.00. On average, they expect the company's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 62.5% from the stock's current price. View analysts price targets for CXW or view top-rated stocks among Wall Street analysts. How have CXW shares performed in 2023? CoreCivic's stock was trading at $11.56 at the beginning of 2023. Since then, CXW stock has decreased by 9.5% and is now trading at $10.46. View the best growth stocks for 2023 here. Are investors shorting CoreCivic? CoreCivic saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 2,430,000 shares, an increase of 24.6% from the December 15th total of 1,950,000 shares. Based on an average daily volume of 1,020,000 shares, the short-interest ratio is currently 2.4 days. Approximately 2.2% of the shares of the company are short sold. View CoreCivic's Short Interest. When is CoreCivic's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023. View our CXW earnings forecast. How can I listen to CoreCivic's earnings call? CoreCivic will be holding an earnings conference call on Thursday, February 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were CoreCivic's earnings last quarter? CoreCivic, Inc. (NYSE:CXW) announced its earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.06. The real estate investment trust earned $453 million during the quarter, compared to analysts' expectations of $467.34 million. CoreCivic had a net margin of 6.82% and a trailing twelve-month return on equity of 5.49%. The company's quarterly revenue was down .4% on a year-over-year basis. During the same period in the prior year, the company posted $0.44 earnings per share. Is CoreCivic a good dividend stock? CoreCivic (NYSE:CXW) pays an annual dividend of $1.76 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 166.04%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, CXW will have a dividend payout ratio of 109.32% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for CXW. What guidance has CoreCivic issued on next quarter's earnings? CoreCivic issued an update on its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of $1.28-$1.32 for the period. The company issued revenue guidance of -. What is Damon T. Hininger's approval rating as CoreCivic's CEO? 118 employees have rated CoreCivic Chief Executive Officer Damon T. Hininger on Glassdoor.com. Damon T. Hininger has an approval rating of 68% among the company's employees. 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), Enterprise Products Partners (EPD), Annaly Capital Management (NLY), AT&T (T), Energy Transfer (ET), Ares Capital (ARCC), New Residential Investment (NRZ), AGNC Investment (AGNC), Iron Mountain (IRM) and Medical Properties Trust (MPW). What is CoreCivic's stock symbol? CoreCivic trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXW." Who are CoreCivic's major shareholders? CoreCivic's stock is owned by a number of retail and institutional investors. Top institutional investors include Comerica Bank (0.20%), New York State Teachers Retirement System (0.13%), State of Alaska Department of Revenue (0.07%), Yousif Capital Management LLC (0.06%), SummerHaven Investment Management LLC (0.06%) and Louisiana State Employees Retirement System (0.05%). Insiders that own company stock include Cole G Carter, Damon T Hininger, David Garfinkle, Harley G Lappin, John R Prann Jr, Lucibeth Mayberry, Mark A Emkes, Patrick D Swindle, Randall J Hogan and Thurgood Marshall Jr. View institutional ownership trends. How do I buy shares of CoreCivic? Shares of CXW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is CoreCivic's stock price today? One share of CXW stock can currently be purchased for approximately $10.46. How much money does CoreCivic make? CoreCivic (NYSE:CXW) has a market capitalization of $1.20 billion and generates $1.85 billion in revenue each year. The real estate investment trust earns $-51,900,000.00 in net income (profit) each year or $1.06 on an earnings per share basis. How many employees does CoreCivic have? The company employs 10,350 workers across the globe. How can I contact CoreCivic? CoreCivic's mailing address is 5501 VIRGINIA WAY, BRENTWOOD TN, 37027. The official website for the company is www.corecivic.com. The real estate investment trust can be reached via phone at (615) 263-3000, via email at cameron.hopewell@corecivic.com, or via fax at 615-263-3140. This page (NYSE:CXW) was last updated on 1/30/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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