NYSE:CXWCorecivic Stock Price, Forecast & News

Corecivic's stock was trading at $13.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CXW shares have decreased by 25.2% and is now trading at $9.90.
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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.

Corecivic is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Corecivic.

Corecivic Inc (NYSE:CXW) announced its earnings results on Wednesday, August, 5th. The real estate investment trust reported $0.33 EPS for the quarter, beating the consensus estimate of $0.18 by $0.15. Corecivic had a net margin of 7.37% and a return on equity of 11.73%.
View Corecivic's earnings history.

Corecivic announced a quarterly dividend on Thursday, February 20th. Investors of record on Wednesday, April 1st will be paid a dividend of $0.44 per share on Wednesday, April 15th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 17.78%. The ex-dividend date of this dividend is Tuesday, March 31st.
View Corecivic's dividend history.

2 brokers have issued 12 month target prices for Corecivic's stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate Corecivic's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 102.0% from the stock's current price.
View analysts' price targets for Corecivic.

News headlines about CXW stock have trended negative this week, according to InfoTrie. The research group scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real time. 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 news sentiment score of -2.4 on InfoTrie's scale. They also gave media stories about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term.
View the latest news about Corecivic.

Corecivic saw a increase in short interest during the month of June. As of June 30th, there was short interest totaling 3,090,000 shares, an increase of 50.7% from the June 15th total of 2,050,000 shares. Based on an average daily volume of 1,590,000 shares, the short-interest ratio is currently 1.9 days. Currently, 2.6% of the shares of the company are sold short.
View Corecivic's Short Interest.

Some companies that are related to Corecivic include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA).
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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 CAP MGMT/SH (NLY), Energy Transfer LP Unit (ET), AT&T (T), Ares Capital (ARCC), AGNC Investment (AGNC), New Residential Investment (NRZ), Wells Fargo & Co (WFC) and Iron Mountain (IRM).

Corecivic trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXW."

Corecivic's stock is owned by a number of institutional and retail investors. Top institutional investors include Prudential Financial Inc. (2.59%), Bank of New York Mellon Corp (2.19%), FMR LLC (1.86%), LSV Asset Management (1.61%), Grantham Mayo Van Otterloo & Co. LLC (1.28%) and Spectrum Financial Alliance Ltd LLC (1.08%). Company insiders that own Corecivic stock include Charles L Overby, Damon T Hininger, David Garfinkle, Kim White and Thurgood Marshall Jr.
View institutional ownership trends for Corecivic.

CXW stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Goldman Sachs Group Inc., Anchor Capital Advisors LLC, Bank of New York Mellon Corp, First Trust Advisors LP, Grantham Mayo Van Otterloo & Co. LLC, Russell Investments Group Ltd., and Camelot Portfolios LLC.
View insider buying and selling activity for Corecivic.

CXW stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Federated Hermes Inc., FMR LLC, Robeco Institutional Asset Management B.V., Spectrum Financial Alliance Ltd LLC, Jennison Associates LLC, SG Americas Securities LLC, and Eidelman Virant Capital.
View insider buying and selling activity for 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.

One share of CXW stock can currently be purchased for approximately $9.90.

Corecivic has a market capitalization of $1.18 billion and generates $1.98 billion in revenue each year. The real estate investment trust earns $188.89 million in net income (profit) each year or $2.62 on an earnings per share basis. Corecivic employs 14,075 workers across the globe.

The official website for Corecivic is www.corecivic.com.

Corecivic's mailing address is 5501 VIRGINIA WAY, BRENTWOOD TN, 37027. The real estate investment trust can be reached via phone at 615-263-3000 or via email at [email protected]