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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:CXW
CUSIP22025Y40
Phone615-263-3000
Debt
Debt-to-Equity Ratio1.04
Current Ratio1.19
Quick Ratio1.19
Price-To-Earnings
Trailing P/E Ratio10.07
Forward P/E Ratio10.07
P/E Growth1.66
Sales & Book Value
Annual Sales$1.77 billion
Price / Sales1.57
Cash Flow$2.8875 per share
Price / Cash8.09
Book Value$12.28 per share
Price / Book1.90
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$2.73 billion
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. Stockholders 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 dividend yield of 7.36%. The ex-dividend date of this dividend is Friday, September 28th. View Corecivic's Dividend History.
How were Corecivic's earnings last quarter?
Corecivic Inc (NYSE:CXW) issued its quarterly earnings data on Wednesday, August, 8th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.34 by $0.01. The real estate investment trust had revenue of $449.93 million for 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%. The company's revenue for the quarter was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.59 EPS. View Corecivic's Earnings History.
When is Corecivic's next earnings date?
What guidance has Corecivic issued on next quarter's earnings?
Corecivic issued an update on its FY18 earnings guidance on Wednesday, August, 8th. The company provided earnings per share guidance of $2.29-2.33 for the period, compared to the Thomson Reuters consensus EPS 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 equities research analysts have issued 12-month target prices for Corecivic's stock. Their forecasts range from $33.00 to $37.00. On average, they anticipate Corecivic's stock price to reach $35.00 in the next year. This suggests a possible upside of 49.8% 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?
Some companies that are related to Corecivic include Klepierre (KLPEF), Regency Centers (REG), UDR (UDR), Duke Realty (DRE), Iron Mountain (IRM), Federal Realty Investment Trust (FRT), AGNC Investment (AGNC), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Sun Communities (SUI), SL Green Realty (SLG), VICI Properties (VICI), Gaming and Leisure Properties (GLPI), Lamar Advertising (LAMR) and Macerich (MAC).
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 retail and institutional investors. Top institutional shareholders include Manning & Napier Group LLC (0.22%), Strs Ohio (0.16%), Foundry Partners LLC (0.10%), Bank of Montreal Can (0.06%), Nisa Investment Advisors LLC (0.05%) and Aperio Group LLC (0.04%). 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 institutional investors are selling Corecivic stock?
CXW stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, 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 institutional 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 $23.36.
How big of a company is Corecivic?
Corecivic has a market capitalization of $2.73 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?
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)
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.
