NYSE:CXWCorecivic Stock Price, Forecast & News

Corecivic's stock was trading at $13.23 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CXW shares have 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."
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Corecivic is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Corecivic.

Corecivic Inc (NYSE:CXW) issued its earnings results on Wednesday, August, 5th. The real estate investment trust reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.18 by $0.15. Corecivic had a return on equity of 11.73% and a net margin of 7.37%.
View Corecivic's earnings history.

Corecivic announced a quarterly dividend on Thursday, February 20th. Shareholders 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 annualized dividend and a yield of 19.21%. The ex-dividend date is Tuesday, March 31st.
View Corecivic's dividend history.

2 analysts have issued 1-year price targets for Corecivic's stock. Their forecasts range from $20.00 to $20.00. On average, they expect Corecivic's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 118.3% from the stock's current price.
View analysts' price targets for Corecivic.

News stories about CXW stock have been trending neutral recently, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Corecivic earned a news sentiment score of 0.2 on InfoTrie's scale. They also gave press coverage 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 next several days.
View the latest news about Corecivic.

Corecivic saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 2,600,000 shares, a drop of 15.9% from the July 15th total of 3,090,000 shares. Based on an average trading volume of 1,570,000 shares, the days-to-cover ratio is currently 1.7 days. Approximately 2.2% 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), AT&T (T), Energy Transfer LP Unit (ET), 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 retail and institutional investors. Top institutional investors include LSV Asset Management (1.61%), Spectrum Financial Alliance Ltd LLC (1.08%), Foundry Partners LLC (0.35%), Principal Financial Group Inc. (0.31%), Swiss National Bank (0.22%) and Sumitomo Mitsui Trust Holdings Inc. (0.22%). 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, Anchor Capital Advisors LLC, First Trust Advisors LP, Russell Investments Group Ltd., Camelot Portfolios LLC, Vident Investment Advisory LLC, Vident Investment Advisory LLC, and TBH Global Asset Management LLC.
View insider buying and selling activity for Corecivic.

CXW stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Spectrum Financial Alliance Ltd LLC, Jennison Associates LLC, SG Americas Securities LLC, Eidelman Virant Capital, Swiss National Bank, Keebeck Wealth Management LLC, and Foundry Partners 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]