NYSE:CXWCorecivic Stock Price, Forecast & News Adding Choose a 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. Log In and Add $9.64 +0.16 (+1.69 %) (As of 04/8/2020 10:26 AM ET) Add Compare Share Today's Range$9.47Now: $9.64▼$9.9450-Day Range$8.73MA: $13.13▼$17.4052-Week Range$8.33Now: $9.64▼$24.38Volume5,400 shsAverage Volume1.31 million shsMarket Capitalization$1.15 billionP/E Ratio6.10Dividend Yield18.33%Beta1.21 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media CoreCivic 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.Read More Beat the Market (BTM) Rank™ 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 $20.00, Corecivic has a potential upside of 107.5% from its current price of $9.64.Amount of Analyst CoverageCorecivic has only been the subject of 2 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesCorecivic has received 358 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCorecivic has received 385 “underperform” votes. (Add your “underperform” vote.)Community SentimentCorecivic has received 51.82% “underperform” votes from our community.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. Previous Next 2.5 Dividend Strength Dividend LeadershipCorecivic is a leading dividend payer. It pays a dividend yield of 18.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCorecivic has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Corecivic is 67.18 %. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corecivic insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.24% of the stock of Corecivic is held by insiders.Percentage Held by Institutions78.25% 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 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Corecivic is 6.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 12.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Corecivic is 6.10, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 12.42.Price to Book Value per Share RatioCorecivic has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.26 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Real estate investment trusts Sub-IndustrySpecialized REITs SectorFinance Current SymbolNYSE:CXW Previous Symbol CUSIP22025Y40 CIK1070985 Webhttp://www.corecivic.com/ Phone615-263-3000Debt Debt-to-Equity Ratio1.40 Current Ratio1.18 Quick Ratio1.18Price-To-Earnings Trailing P/E Ratio6.10 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.98 billion Price / Sales0.58 Cash Flow$3.03 per share Price / Cash Flow3.18 Book Value$11.56 per share Price / Book0.83Profitability EPS (Most Recent Fiscal Year)$2.62 Net Income$188.89 million Net Margins9.54% Return on Equity13.68% Return on Assets5.05%Miscellaneous Employees14,075 Outstanding Shares119,096,000Market Cap$1.15 billion Next Earnings Date5/13/2020 (Estimated) OptionableOptionable Receive CXW News and Ratings via Email Sign-up to receive the latest news and ratings for CXW and its competitors with MarketBeat's FREE daily newsletter. CXW Rates by TradingView Corecivic (NYSE:CXW) Frequently Asked Questions How has Corecivic's stock been impacted by COVID-19 (Coronavirus)? 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 stock has decreased by 27.1% and is now trading at $9.64. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Corecivic's next earnings date? Corecivic is scheduled to release its next quarterly earnings announcement on Wednesday, May 13th 2020. View our earnings forecast for Corecivic. How were Corecivic's earnings last quarter? Corecivic Inc (NYSE:CXW) announced its quarterly earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.35 EPS for the quarter, missing the consensus estimate of $0.62 by $0.27. The real estate investment trust had revenue of $497.81 million for the quarter. Corecivic had a net margin of 9.54% and a return on equity of 13.68%. View Corecivic's earnings history. How often does Corecivic pay dividends? What is the dividend yield for Corecivic? Corecivic declared a quarterly dividend on Thursday, February 20th. Investors of record on Wednesday, April 1st will be given a dividend of $0.44 per share on Wednesday, April 15th. This represents a $1.76 dividend on an annualized basis and a yield of 18.26%. The ex-dividend date of this dividend is Tuesday, March 31st. View Corecivic's dividend history. What guidance has Corecivic issued on next quarter's earnings? Corecivic issued an update on its first quarter earnings guidance on Wednesday, April, 1st. The company provided earnings per share (EPS) guidance of $0.46-0.50 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.52. What price target have analysts set for CXW? 2 brokerages have issued 12-month price targets for Corecivic's shares. Their forecasts range from $20.00 to $20.00. On average, they expect Corecivic's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 107.5% from the stock's current price. View analysts' price targets for Corecivic. Has Corecivic been receiving favorable news coverage? Media headlines about CXW stock have trended very negative on Wednesday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. 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 coverage optimism score of -3.3 on InfoTrie's scale. They also gave news articles 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 stock's share price in the near future. View the latest news aboutCorecivic. Are investors shorting Corecivic? Corecivic saw a increase in short interest in February. As of February 28th, there was short interest totaling 3,270,000 shares, an increase of 8.3% from the February 13th total of 3,020,000 shares. Based on an average daily trading volume, of 1,160,000 shares, the days-to-cover ratio is presently 2.8 days. Approximately 2.8% of the company's stock are short sold. View Corecivic's Current Options Chain. Who are some of Corecivic's key competitors? Some companies that are related to Corecivic include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Extra Space Storage (EXR), Weyerhaeuser (WY), HCP (HCP), Medical Properties Trust (MPW), Ventas (VTR), 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). 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), ANNALY CAP MGMT/SH (NLY), AT&T (T), Energy Transfer LP Unit (ET), New Residential Investment (NRZ), Enterprise Products Partners (EPD), AGNC Investment (AGNC), Altria Group (MO), Johnson & Johnson (JNJ) and General Electric (GE). Who are Corecivic's key executives? Corecivic's management team includes the following 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. Patrick Swindle, Exec. VP & Chief Corrections Officer (Age 44) 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 variety of institutional and retail investors. Top institutional shareholders include Silverleafe Capital Partners LLC (0.03%). Company insiders that own Corecivic stock include Charles L Overby, Damon T Hininger, David Garfinkle, Harley G Lappin, Kim White and Thurgood Marshall Jr. View institutional ownership trends for Corecivic. Which major investors are buying Corecivic stock? CXW stock was bought by a variety of institutional investors in the last quarter, including Silverleafe Capital Partners LLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Corecivic's stock price today? One share of CXW stock can currently be purchased for approximately $9.64. How big of a company is Corecivic? Corecivic has a market capitalization of $1.15 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. View additional information about Corecivic. What is Corecivic's official website? The official website for Corecivic is http://www.corecivic.com/. How can I contact Corecivic? Corecivic's mailing address is 5501 VIRGINIA WAY, BRENTWOOD TN, 37215. The real estate investment trust can be reached via phone at 615-263-3000 or via email at [email protected] This page was last updated on 4/8/2020 by MarketBeat.com StaffFeatured Article: What is a CD ladder?
