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 U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 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
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone615-263-3000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.77 billion
Profitability
Miscellaneous
Employees12,875
OptionableOptionable
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, December 13th. Investors of record on Wednesday, January 2nd will be given a dividend of $0.43 per share on Tuesday, January 15th. This represents a $1.72 annualized dividend and a dividend yield of 8.46%. The ex-dividend date of this dividend is Monday, December 31st. View Corecivic's Dividend History.
How were Corecivic's earnings last quarter?
Corecivic Inc (NYSE:CXW) posted its quarterly earnings results on Monday, November, 5th. The real estate investment trust reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.38 by $0.04. The real estate investment trust earned $462.73 million during the quarter, compared to the consensus estimate of $454.79 million. Corecivic had a return on equity of 11.64% and a net margin of 8.88%. The firm's revenue was up 4.5% compared to the same quarter last year. During the same period last year, the company earned $0.35 earnings per share. View Corecivic's Earnings History.
When is Corecivic's next earnings date?
How can I listen to Corecivic's earnings call?
Corecivic will be holding an earnings conference call on Wednesday, February 20th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.
What price target have analysts set for CXW?
1 Wall Street analysts have issued 12 month target prices for Corecivic's stock. Their predictions range from $24.00 to $24.00. On average, they anticipate Corecivic's stock price to reach $24.00 in the next year. This suggests a possible upside of 18.0% 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?
News coverage about CXW stock has trended somewhat positive on Monday, according to InfoTrie. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Corecivic earned a news impact score of 1.6 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.
Who are some of Corecivic's key competitors?
Some companies that are related to Corecivic include AGNC Investment (AGNC), Camden Property Trust (CPT), National Retail Properties (NNN), Vereit (VER), VICI Properties (VICI), Gaming and Leisure Properties (GLPI), SL Green Realty (SLG), Lamar Advertising (LAMR), Apartment Investment and Management (AIV), Kimco Realty (KIM), Kilroy Realty (KRC), Omega Healthcare Investors (OHI), Liberty Property Trust (LPT), Store Capital (STOR) and Medical Properties Trust (MPW).
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. Harley G. Lappin III, Director (Age 63)
Who are Corecivic's major shareholders?
Corecivic's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.08%), Bank of New York Mellon Corp (2.58%), Prudential Financial Inc. (2.56%), Vaughan Nelson Investment Management L.P. (1.95%), Northern Trust Corp (1.65%) and New South Capital Management Inc. (1.53%). 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 Bank of New York Mellon Corp, Connor Clark & Lunn Investment Management Ltd., Anchor Capital Advisors LLC, Jennison Associates LLC, Hancock Whitney Corp, Kornitzer Capital Management Inc. KS, Prudential Financial Inc. and SG Americas Securities LLC. 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 Oregon Public Employees Retirement Fund, Millennium Management LLC, LSV Asset Management, Chartwell Investment Partners LLC, First Trust Advisors LP, BlackRock Inc., Amundi Pioneer Asset Management Inc. and Rhumbline Advisers. 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 $20.34.
How big of a company is Corecivic?
Corecivic has a market capitalization of $2.41 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.
