NYSE:CXW - Corecivic Stock Price, Price Target & More

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$24.30 +0.04 (+0.16 %)
(As of 07/19/2018 08:00 AM ET)
Previous Close$24.26
Today's Range$24.08 - $24.42
52-Week Range$18.61 - $29.23
Volume636,700 shs
Average Volume1.72 million shs
Market Capitalization$2.87 billion
P/E Ratio10.88
Dividend Yield7.09%
Beta0.93
Corecivic logoThe Company 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, government real estate solutions, and a growing network of residential reentry centers to help address America's recidivism crisis. 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 government agencies. The Company has been a flexible and dependable partner for government for more than 30 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. Learn more at http://www.corecivic.com/.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
SymbolNYSE:CXW
CUSIP22025Y40
Phone615-263-3000

Debt

Debt-to-Equity Ratio1.01
Current Ratio1.01
Quick Ratio1.01

Price-To-Earnings

Trailing P/E Ratio10.88
Forward P/E Ratio10.70
P/E Growth1.78

Sales & Book Value

Annual Sales$1.77 billion
Price / Sales1.63
Cash Flow$2.8488 per share
Price / Cash8.53
Book Value$12.28 per share
Price / Book1.98

Profitability

EPS (Most Recent Fiscal Year)$2.32
Net Income$178.04 million
Net Margins9.41%
Return on Equity11.80%
Return on Assets5.27%

Miscellaneous

Employees12,875
Outstanding Shares118,200,000
Market Cap$2,867.63

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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 Friday, May 11th. Investors of record on Monday, July 2nd will be given a dividend of $0.43 per share on Monday, July 16th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 7.08%. The ex-dividend date is Friday, June 29th. View Corecivic's Dividend History.

How were Corecivic's earnings last quarter?

Corecivic Inc (NYSE:CXW) issued its earnings results on Wednesday, May, 2nd. The real estate investment trust reported $0.53 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.22. The real estate investment trust earned $440.90 million during the quarter, compared to the consensus estimate of $430.67 million. Corecivic had a net margin of 9.41% and a return on equity of 11.80%. The business's revenue was down 1.1% on a year-over-year basis. During the same period last year, the company posted $0.63 EPS. View Corecivic's Earnings History.

When is Corecivic's next earnings date?

Corecivic is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Corecivic.

What guidance has Corecivic issued on next quarter's earnings?

Corecivic issued an update on its FY18 earnings guidance on Wednesday, May, 2nd. The company provided earnings per share guidance of $2.24-$2.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.26. Corecivic also updated its Q2 guidance to $0.53-$0.55 EPS.

What price target have analysts set for CXW?

3 brokerages have issued twelve-month target prices for Corecivic's stock. Their predictions range from $33.00 to $37.00. On average, they expect Corecivic's stock price to reach $35.3333 in the next year. This suggests a possible upside of 45.4% from the stock's current price. View Analyst Ratings for Corecivic.

What is the consensus analysts' recommendation for Corecivic?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corecivic in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Are investors shorting Corecivic?

Corecivic saw a increase in short interest in June. As of June 29th, there was short interest totalling 3,233,454 shares, an increase of 238.3% from the June 15th total of 955,719 shares. Based on an average daily trading volume, of 2,675,163 shares, the days-to-cover ratio is presently 1.2 days. Currently, 2.7% of the shares of the stock are short sold. View Corecivic's Current Options Chain.

Who are some of Corecivic's key competitors?

Who are Corecivic's key executives?

Corecivic's management team includes the folowing people:
  • Mr. Damon T. Hininger, Pres, CEO & Director (Age 48)
  • Mr. David M. Garfinkle, Exec. VP & CFO (Age 50)
  • Mr. Anthony L. Grande, Exec. VP & Chief Devel. Officer (Age 48)
  • Ms. Lucibeth N. Mayberry J.D., Exec. VP of Real Estate (Age 46)
  • Mr. Harley G. Lappin III, Director (Age 62)

Has Corecivic been receiving favorable news coverage?

Media stories about CXW stock have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Corecivic earned a news sentiment score of 0.13 on Accern's scale. They also gave press coverage about the real estate investment trust an impact score of 46.38 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Corecivic's major shareholders?

Corecivic's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Manning & Napier Group LLC (0.39%), Bank of Montreal Can (0.05%), State of Alaska Department of Revenue (0.04%), Amalgamated Bank (0.01%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Corecivic stock include Anthony L Grande, C Michael Jacobi, Charles L Overby, Damon T Hininger, David Garfinkle, Harley G Lappin, Kim White, Lucibeth Mayberry, Mark A Emkes, Scott D Irwin 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 State of Alaska Department of Revenue, Bank of Montreal Can and Amalgamated Bank. Company insiders that have sold Corecivic company stock in the last year include David Garfinkle, Kim White and Thurgood Marshall Jr. View Insider Buying and Selling for Corecivic.

Which institutional investors are buying Corecivic stock?

CXW stock was bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC and Fox Run Management L.L.C.. Company insiders that have bought Corecivic stock in the last two years include Charles L Overby, Damon T Hininger, Mark A Emkes and Scott D Irwin. 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 $24.30.

How big of a company is Corecivic?

Corecivic has a market capitalization of $2.87 billion and generates $1.77 billion in revenue each year. The real estate investment trust earns $178.04 million in net income (profit) each year or $2.32 on an earnings per share basis. Corecivic employs 12,875 workers across the globe.

How can I contact Corecivic?

Corecivic's mailing address is 10 BURTON HILLS BLVD, NASHVILLE 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)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  259 (Vote Outperform)
Underperform Votes:  286 (Vote Underperform)
Total Votes:  545
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.
This page was last updated on 7/19/2018 by MarketBeat.com Staff

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