NYSE:CXW - Corecivic Stock Price, Forecast & News

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

Corecivic declared a quarterly dividend on Monday, December 16th. Investors of record on Monday, January 6th will be given a dividend of $0.44 per share on Wednesday, January 15th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 10.84%. The ex-dividend date is Friday, January 3rd. View Corecivic's Dividend History.

Corecivic Inc (NYSE:CXW) released its quarterly earnings results on Wednesday, May, 8th. The real estate investment trust reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.59 by $0.18. The real estate investment trust had revenue of $484.06 million for the quarter, compared to analyst estimates of $466.75 million. Corecivic had a net margin of 9.57% and a return on equity of 14.02%. Corecivic's revenue for the quarter was up 9.8% compared to the same quarter last year. During the same period last year, the business posted $0.53 EPS. View Corecivic's Earnings History.

Corecivic is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Corecivic.

Media stories about CXW stock have been trending extremely negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Corecivic earned a daily sentiment score of -4.5 on InfoTrie's scale. They also assigned media stories about the real estate investment trust a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next few days. View News Stories for Corecivic.

Corecivic saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 3,180,000 shares, an increase of 5.6% from the December 15th total of 3,010,000 shares. Based on an average daily volume of 974,100 shares, the days-to-cover ratio is currently 3.3 days. Approximately 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 American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Healthcare Realty Trust (HR) and Ryman Hospitality Properties (RHP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Corecivic investors own include The GEO Group (GEO), AT&T (T), General Electric (GE), Energy Transfer LP Unit (ET), Johnson & Johnson (JNJ), ANNALY CAP MGMT/SH (NLY), Altria Group (MO), Enterprise Products Partners (EPD), Medical Properties Trust (MPW) and Verizon Communications (VZ).

Corecivic's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include New York State Teachers Retirement System (0.17%), Nisa Investment Advisors LLC (0.08%), Campbell Capital Management Inc. (0.08%), Camelot Portfolios LLC (0.05%), State of Alaska Department of Revenue (0.04%) and 6 Meridian (0.03%). Company insiders that own Corecivic stock include Charles L Overby, Damon T Hininger, David Garfinkle, Harley G Lappin, Kim White, Mark A Emkes 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 New York State Teachers Retirement System and AE Wealth Management LLC. Company insiders that have sold Corecivic company stock in the last year include Damon T Hininger and Thurgood Marshall Jr. View Insider Buying and Selling for Corecivic.

CXW stock was purchased by a variety of institutional investors in the last quarter, including Campbell Capital Management Inc., State of Alaska Department of Revenue, Campbell & CO Investment Adviser LLC, Nisa Investment Advisors LLC, 6 Meridian, Zurcher Kantonalbank Zurich Cantonalbank , IFP Advisors Inc and Camelot Portfolios LLC. 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, Robinhood, Fidelity and Charles Schwab.

One share of CXW stock can currently be purchased for approximately $16.23.

Corecivic has a market capitalization of $1.93 billion and generates $1.84 billion in revenue each year. The real estate investment trust earns $159.21 million in net income (profit) each year or $2.31 on an earnings per share basis. Corecivic employs 13,890 workers across the globe.View Additional Information About Corecivic.

The official website for Corecivic is http://www.corecivic.com/.

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]