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
Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Current SymbolNYSE:CXW
Previous Symbol
CUSIP22025Y40
Phone615-263-3000
Debt
Debt-to-Equity Ratio1.23
Current Ratio1.14
Quick Ratio1.14
Price-To-Earnings
Trailing P/E Ratio9.53
Forward P/E Ratio9.62
P/E Growth1.61
Sales & Book Value
Annual Sales$1.77 billion
Price / Sales1.49
Cash Flow$2.8432 per share
Price / Cash Flow7.78
Book Value$12.28 per share
Price / Book1.80
Profitability
EPS (Most Recent Fiscal Year)$2.32
Net Income$178.04 million
Net Margins8.88%
Return on Equity11.64%
Return on Assets4.98%
Miscellaneous
Employees12,875
Outstanding Shares118,680,000
Market Cap$2.63 billion
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, August 16th. Shareholders 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 dividend on an annualized basis and a yield of 7.78%. 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) released its quarterly earnings data on Monday, November, 5th. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the Zacks' consensus estimate 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 net margin of 8.88% and a return on equity of 11.64%. Corecivic's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.35 EPS. View Corecivic's Earnings History.
When is Corecivic's next earnings date?
What guidance has Corecivic issued on next quarter's earnings?
Corecivic updated its fourth quarter earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) guidance of $0.61 to $0.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. Corecivic also updated its FY 2018 guidance to $2.29-2.31 EPS.
What price target have analysts set for CXW?
2 Wall Street analysts have issued twelve-month target prices for Corecivic's stock. Their predictions range from $24.00 to $33.00. On average, they expect Corecivic's stock price to reach $28.50 in the next year. This suggests a possible upside of 28.8% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Corecivic.
Has Corecivic been receiving favorable news coverage?
News headlines about CXW stock have trended very positive recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news 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 nearest to five being the most favorable. Corecivic earned a news impact score of 3.9 on InfoTrie's scale. They also gave news headlines about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of Corecivic's key competitors?
Some companies that are related to Corecivic include Duke Realty (DRE), Klepierre (KLPEF), Federal Realty Investment Trust (FRT), Iron Mountain (IRM), AGNC Investment (AGNC), Sun Communities (SUI), Equity Lifestyle Properties (ELS), Camden Property Trust (CPT), National Retail Properties (NNN), VICI Properties (VICI), SL Green Realty (SLG), Vereit (VER), Omega Healthcare Investors (OHI), Gaming and Leisure Properties (GLPI) and Apartment Investment and Management (AIV).
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 Vanguard Group Inc. (14.50%), BlackRock Inc. (11.93%), FMR LLC (6.02%), Bank of New York Mellon Corp (3.06%), Prudential Financial Inc. (2.63%) and Renaissance Technologies LLC (2.00%). 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 major investors are selling Corecivic stock?
CXW stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., First Trust Advisors LP, Morgan Stanley, New South Capital Management Inc., Manning & Napier Group LLC, Vaughan Nelson Investment Management L.P., Chartwell Investment Partners LLC and Jennison Associates 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 major investors are buying Corecivic stock?
CXW stock was purchased by a variety of institutional investors in the last quarter, including Capital Growth Management LP, FMR LLC, Panagora Asset Management Inc., LSV Asset Management, Mirae Asset Global Investments Co. Ltd., BlackRock Inc., Renaissance Technologies LLC and JPMorgan Chase & Co.. 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 $22.12.
How big of a company is Corecivic?
Corecivic has a market capitalization of $2.63 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.
