CoreCivic - CXW Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for CoreCivic in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" CXW shares.
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2 equities research analysts have issued 1 year target prices for CoreCivic's shares. Their CXW share price forecasts range from $17.00 to $17.00. On average, they expect the company's stock price to reach $17.00 in the next twelve months. This suggests a possible upside of 67.7% from the stock's current price.
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CoreCivic's stock was trading at $11.56 at the beginning of the year. Since then, CXW stock has decreased by 12.3% and is now trading at $10.14.
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CoreCivic saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 2,430,000 shares, an increase of 24.6% from the December 15th total of 1,950,000 shares. Based on an average daily volume of 1,020,000 shares, the short-interest ratio is presently 2.4 days. Currently, 2.2% of the shares of the stock are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
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CoreCivic will be holding an earnings conference call on Thursday, February 9th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link.

CoreCivic, Inc. (NYSE:CXW) posted its earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.06. The real estate investment trust had revenue of $453 million for the quarter, compared to analysts' expectations of $467.34 million. CoreCivic had a net margin of 6.82% and a trailing twelve-month return on equity of 5.49%. The firm's quarterly revenue was down .4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.44 EPS.

118 employees have rated CoreCivic Chief Executive Officer Damon T. Hininger on Glassdoor.com. Damon T. Hininger has an approval rating of 68% among the company's employees.

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 Capital Management (NLY), AT&T (T), Energy Transfer (ET), Ares Capital (ARCC), New Residential Investment (NRZ), AGNC Investment (AGNC), Iron Mountain (IRM) and Medical Properties Trust (MPW).

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

CoreCivic's stock is owned by many different retail and institutional investors. Top institutional shareholders include River Road Asset Management LLC (7.47%), Boston Partners (1.51%), Lee Danner & Bass Inc. (0.60%), Heartland Advisors Inc. (0.51%), Swiss National Bank (0.25%) and Comerica Bank (0.20%). Insiders that own company stock include Cole G Carter, Damon T Hininger, David Garfinkle, Harley G Lappin, John R Prann Jr, Lucibeth Mayberry, Mark A Emkes, Patrick D Swindle, Randall J Hogan and Thurgood Marshall Jr.
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Shares of CXW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of CXW stock can currently be purchased for approximately $10.14.

CoreCivic (NYSE:CXW) has a market capitalization of $1.17 billion and generates $1.86 billion in revenue each year. The real estate investment trust earns $-51,900,000.00 in net income (profit) each year or $1.06 on an earnings per share basis.

The company employs 10,350 workers across the globe.

CoreCivic's mailing address is 5501 VIRGINIA WAY, BRENTWOOD TN, 37027. The official website for the company is www.corecivic.com. The real estate investment trust can be reached via phone at (615) 263-3000, via email at cameron.hopewell@corecivic.com, or via fax at 615-263-3140.