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.
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Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone615-263-3000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.84 billion
Profitability
Miscellaneous
Employees13,890
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable
Corecivic (NYSE:CXW) Frequently Asked Questions
What is Corecivic's stock symbol?
Corecivic trades on the New York Stock Exchange (NYSE) under the ticker symbol "CXW."
How often does Corecivic pay dividends? What is the dividend yield for Corecivic?
Corecivic declared a quarterly dividend on Thursday, August 15th. Stockholders of record on Tuesday, October 1st will be given a dividend of $0.44 per share on Tuesday, October 15th. This represents a $1.76 annualized dividend and a dividend yield of 10.55%. The ex-dividend date of this dividend is Monday, September 30th. View Corecivic's Dividend History.
How were Corecivic's earnings last quarter?
Corecivic Inc (NYSE:CXW) announced its quarterly earnings data on Monday, August, 5th. The real estate investment trust reported $0.69 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.07. The real estate investment trust had revenue of $490.29 million for the quarter, compared to analyst estimates of $483.78 million. Corecivic had a return on equity of 13.50% and a net margin of 9.39%. The business's quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.57 earnings per share. View Corecivic's Earnings History.
When is Corecivic's next earnings date?
What guidance has Corecivic issued on next quarter's earnings?
Corecivic issued an update on its FY19 earnings guidance on Monday, August, 5th. The company provided earnings per share (EPS) guidance of $2.58-2.62 for the period.
What price target have analysts set for CXW?
1 equities research analysts have issued 12 month price targets for Corecivic's shares. Their forecasts range from $24.00 to $24.00. On average, they anticipate Corecivic's stock price to reach $24.00 in the next year. This suggests a possible upside of 43.9% from the stock's current price. View Analyst Price Targets for Corecivic.
What is the consensus analysts' recommendation for Corecivic?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corecivic in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Corecivic.
Has Corecivic been receiving favorable news coverage?
Media stories about CXW stock have trended positive this week, InfoTrie reports. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Corecivic earned a coverage optimism score of 2.5 on InfoTrie's scale. They also assigned headlines about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for Corecivic.
Are investors shorting Corecivic?
Corecivic saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 1,437,000 shares, an increase of 6.2% from the June 30th total of 1,353,300 shares. Based on an average trading volume of 930,600 shares, the short-interest ratio is presently 1.5 days. Currently, 1.2% of the shares of the stock are sold short. View Corecivic's Current Options Chain.
Who are some of Corecivic's key competitors?
Some companies that are related to Corecivic include Kilroy Realty (KRC), CyrusOne (CONE), Kimco Realty (KIM), Liberty Property Trust (LPT), Lamar Advertising (LAMR), American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), CubeSmart (CUBE), Starwood Property Trust (STWD), American Campus Communities (ACC), SL Green Realty (SLG), New Residential Investment (NRZ) and EPR Properties (EPR).
What other stocks do shareholders of Corecivic own?
Who are Corecivic's key executives?
Corecivic's management team includes the folowing 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)
Who are Corecivic's major shareholders?
Corecivic's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (15.04%), BlackRock Inc. (12.27%), BlackRock Inc. (12.27%), Renaissance Technologies LLC (3.26%), Prudential Financial Inc. (2.92%) and Bank of New York Mellon Corp (1.82%). 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.
Which institutional investors are selling Corecivic stock?
CXW stock was sold by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Jennison Associates LLC, Jennison Associates LLC, Morgan Stanley, Sapience Investments LLC, Jacobs Levy Equity Management Inc., BNP Paribas Arbitrage SA and AXA. Company insiders that have sold Corecivic company stock in the last year include Damon T Hininger, David Garfinkle and Thurgood Marshall Jr. View Insider Buying and Selling for Corecivic.
Which institutional investors are buying Corecivic stock?
CXW stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Renaissance Technologies LLC, Intrinsic Edge Capital Management LLC, Prudential Financial Inc., JPMorgan Chase & Co., Hourglass Capital LLC, Hillsdale Investment Management Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Corecivic's stock price today?
One share of CXW stock can currently be purchased for approximately $16.68.
How big of a company is Corecivic?
Corecivic has a market capitalization of $1.99 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.
What is Corecivic's official website?
How can I contact Corecivic?
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]
MarketBeat Community Rating for Corecivic (NYSE CXW)
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.
