NYSE:CXW - Corecivic Stock Price, Price Target & More

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

Corecivic declared a quarterly dividend on Friday, May 11th. Stockholders of record on Monday, July 2nd will be paid a dividend of $0.43 per share on Monday, July 16th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.09%. The ex-dividend date is Friday, June 29th. View Corecivic's Dividend History.

Corecivic Inc (NYSE:CXW) posted its earnings results on Wednesday, May, 2nd. The real estate investment trust reported $0.53 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.22. The real estate investment trust had revenue of $440.90 million for the quarter, compared to analysts' expectations of $430.67 million. Corecivic had a net margin of 9.41% and a return on equity of 11.80%. The business's revenue was down 1.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.63 EPS. View Corecivic's Earnings History.

Corecivic is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Corecivic.

Corecivic issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share (EPS) guidance of $2.24-$2.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.26. Corecivic also updated its Q2 guidance to $0.53-$0.55 EPS.

3 Wall Street analysts have issued twelve-month target prices for Corecivic's stock. Their forecasts range from $33.00 to $37.00. On average, they anticipate Corecivic's share price to reach $35.3333 in the next year. This suggests a possible upside of 45.6% from the stock's current price. View Analyst Ratings for Corecivic.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corecivic in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Corecivic saw a increase in short interest during the month of June. As of June 29th, there was short interest totalling 3,233,454 shares, an increase of 238.3% from the June 15th total of 955,719 shares. Based on an average daily trading volume, of 2,675,163 shares, the short-interest ratio is currently 1.2 days. Currently, 2.7% of the shares of the company are sold short. View Corecivic's Current Options Chain.

Some companies that are related to Corecivic include Klépierre (KLPEF), Mid-America Apartment Communities (MAA), Iron Mountain (IRM), Regency Centers (REG), Duke Realty (DRE), SINO Ld Ltd/S (SNLAY), UDR (UDR), Federal Realty Investment Trust (FRT), SL Green Realty (SLG), Camden Property Trust (CPT), Equity Lifestyle Properties (ELS), Macerich (MAC), AGNC Investment (AGNC), Sun Communities (SUI) and VICI Properties (VICI).

News headlines about CXW stock have trended somewhat positive recently, Accern Sentiment reports. The research group rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Corecivic earned a media sentiment score of 0.08 on Accern's scale. They also gave news headlines about the real estate investment trust an impact score of 46.31 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Corecivic's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.39%), Bank of Montreal Can (0.05%), State of Alaska Department of Revenue (0.04%) and Fox Run Management L.L.C. (0.01%). 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, Scott D Irwin 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 State of Alaska Department of Revenue and Bank of Montreal Can. Company insiders that have sold Corecivic company stock in the last year include David Garfinkle, Kim White and Thurgood Marshall Jr. View Insider Buying and Selling for Corecivic.

CXW stock was bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC and Fox Run Management L.L.C.. Company insiders that have bought Corecivic stock in the last two years include Charles L Overby, Damon T Hininger, Mark A Emkes and Scott D Irwin. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of CXW stock can currently be purchased for approximately $24.26.

Corecivic has a market capitalization of $2.94 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.

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]