NYSE:CXW Corecivic Stock Forecast, Price & 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 $8.04 +0.04 (+0.50 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$7.95Now: $8.04▼$8.1550-Day Range$8.00MA: $9.18▼$10.0552-Week Range$7.82Now: $8.04▼$18.22Volume1.37 million shsAverage Volume1.30 million shsMarket Capitalization$961.83 millionP/E Ratio6.64Dividend YieldN/ABeta1.06 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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 forecasted upside of 148.8% from its current price of $8.04.Amount of Analyst CoverageCorecivic has only been the subject of 1 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesCorecivic has received 364 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCorecivic has received 388 “underperform” votes. (Add your “underperform” vote.)Community SentimentCorecivic has received 51.60% “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 0.0 Dividend Strength Dividend YieldCorecivic does not currently pay a dividend.Dividend GrowthCorecivic does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Corecivic insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $126,872.00 in company stock.Percentage Held by InsidersOnly 1.27% of the stock of Corecivic is held by insiders.Percentage Held by Institutions70.61% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for Corecivic are expected to grow by 18.54% in the coming year, from $2.05 to $2.43 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Corecivic is 6.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.33.Price to Earnings Ratio vs. SectorThe P/E ratio of Corecivic is 6.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 17.23.Price to Book Value per Share RatioCorecivic has a P/B Ratio of 0.70. 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: 0.0Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.88 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 Webwww.corecivic.com Phone615-263-3000Debt Debt-to-Equity Ratio1.59 Current Ratio2.27 Quick Ratio2.27Price-To-Earnings Trailing P/E Ratio6.64 Forward P/E Ratio3.92 P/E GrowthN/A Sales & Book Value Annual Sales$1.98 billion Price / Sales0.49 Cash Flow$2.77 per share Price / Cash Flow2.90 Book Value$11.56 per share Price / Book0.70Profitability EPS (Most Recent Fiscal Year)$2.62 Net Income$188.89 million Net Margins7.37% Return on Equity11.73% Return on Assets4.15%Miscellaneous Employees14,075 Outstanding Shares119,630,000Market Cap$961.83 million Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $8.04 +0.04 (+0.50 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart 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. Corecivic (NYSE:CXW) Frequently Asked Questions How has Corecivic's stock price been impacted by COVID-19? Corecivic's stock was trading at $13.23 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CXW shares have decreased by 39.2% and is now trading at $8.04. View which stocks have been most impacted by COVID-19. 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, November 4th 2020. View our earnings forecast for Corecivic. How were Corecivic's earnings last quarter? Corecivic Inc (NYSE:CXW) issued its quarterly earnings data on Wednesday, August, 5th. The real estate investment trust reported $0.33 EPS for the quarter, topping the Thomson Reuters' 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. How often does Corecivic pay dividends? What is the dividend yield for Corecivic? Corecivic declared a quarterly dividend on Thursday, February 20th. Shareholders 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 annualized dividend and a yield of 21.89%. The ex-dividend date is Tuesday, March 31st. View Corecivic's dividend history. What price target have analysts set for CXW? 2 brokers have issued twelve-month target prices for Corecivic's shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Corecivic's share price to reach $20.00 in the next year. This suggests a possible upside of 148.8% from the stock's current price. View analysts' price targets for Corecivic. Are investors shorting Corecivic? Corecivic saw a decrease in short interest during the month of August. As of August 31st, there was short interest totaling 2,330,000 shares, a decrease of 11.7% from the August 15th total of 2,640,000 shares. Based on an average daily volume of 2,140,000 shares, the days-to-cover ratio is presently 1.1 days. Approximately 2.0% of the shares of the company are short sold. View Corecivic's Short Interest. Who are some of Corecivic's key competitors? Some companies that are related to Corecivic include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), Extra Space Storage (EXR), HCP (HCP), 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). View all competitors. 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), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Ares Capital (ARCC), New Residential Investment (NRZ), AGNC Investment (AGNC), Iron Mountain (IRM) and Medical Properties Trust (MPW). 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 number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (15.30%), Prudential Financial Inc. (2.59%), Bank of New York Mellon Corp (2.19%), FMR LLC (1.86%), LSV Asset Management (1.61%) and Charles Schwab Investment Management Inc. (1.41%). Company insiders that own Corecivic stock include Damon T Hininger, David Garfinkle 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 New South Capital Management Inc., Vanguard Group Inc., UBS Group AG, Nuveen Asset Management LLC, Goldman Sachs Group Inc., Neuberger Berman Group LLC, Anchor Capital Advisors LLC, and Bank of New York Mellon Corp. View insider buying and selling activity for Corecivic. Which major investors are buying Corecivic stock? CXW stock was bought by a variety of institutional investors in the last quarter, including Balyasny Asset Management LLC, Prudential Financial Inc., Charles Schwab Investment Management Inc., Point72 Asset Management L.P., Federated Hermes Inc., FMR LLC, Robeco Institutional Asset Management B.V., and Spectrum Financial Alliance Ltd 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 $8.04. How big of a company is Corecivic? Corecivic has a market capitalization of $961.83 million 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. What is Corecivic's official website? The official website for Corecivic is www.corecivic.com. How can I contact Corecivic? 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] This page was last updated on 9/27/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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