NYSE:CXWCorecivic Stock Price, Forecast & News

Corecivic's stock was trading at $13.23 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, CXW stock has decreased by 30.8% and is now trading at $9.16.
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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.
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Corecivic Inc (NYSE:CXW) issued 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 19.21%. The ex-dividend date of this dividend is Tuesday, March 31st.
View Corecivic's dividend history.

2 Wall Street analysts have issued 1-year price objectives 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 year. This suggests a possible upside of 118.3% from the stock's current price.
View analysts' price targets for Corecivic.

News articles about CXW stock have trended extremely negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Corecivic earned a media sentiment score of -4.1 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect 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 May. As of May 15th, there was short interest totaling 2,110,000 shares, an increase of 24.9% from the April 30th total of 1,690,000 shares. Based on an average daily trading volume, of 1,400,000 shares, the short-interest ratio is presently 1.5 days. Currently, 1.8% of the shares of the company are short sold.
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 variety of institutional and retail investors. Top institutional investors include Prudential Financial Inc. (2.59%), Bank of New York Mellon Corp (2.19%), LSV Asset Management (1.61%), Grantham Mayo Van Otterloo & Co. LLC (1.28%), Spectrum Financial Alliance Ltd LLC (1.08%) and Foundry Partners LLC (0.35%). 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., Robeco Institutional Asset Management B.V., Spectrum Financial Alliance Ltd LLC, Jennison Associates LLC, SG Americas Securities LLC, Eidelman Virant Capital, Swiss National Bank, and Keebeck Wealth Management LLC.
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 $9.16.

Corecivic has a market capitalization of $1.10 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]