CoreCivic - CXW Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for CoreCivic in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CXW shares.
View CXW analyst ratings or view top-rated stocks.

2 equities research analysts have issued twelve-month 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 share price to reach $17.00 in the next year. This suggests a possible upside of 66.8% from the stock's current price.
View analysts price targets for CXW or view top-rated stocks among Wall Street analysts.

CoreCivic's stock was trading at $11.56 at the beginning of the year. Since then, CXW stock has decreased by 11.9% and is now trading at $10.19.
View the best growth stocks for 2023 here.

CoreCivic saw a increase in short interest during 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 currently 2.4 days. Approximately 2.2% of the shares of the company are short sold.
View CoreCivic's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 8th 2023.
View our CXW earnings forecast.

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) issued its earnings results on Wednesday, May, 4th. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.20 by $0.06. The real estate investment trust earned $453 million during the quarter, compared to analyst estimates of $467.34 million. CoreCivic had a net margin of 6.82% and a trailing twelve-month return on equity of 5.49%. The company's revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter last year, the company earned $0.44 earnings per share.

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 a number of institutional and retail investors. Top institutional investors include River Road Asset Management LLC (7.47%), Lee Danner & Bass Inc. (0.60%), Comerica Bank (0.20%), Simplex Trading LLC (0.00%), New York State Teachers Retirement System (0.13%) and State of Alaska Department of Revenue (0.07%). 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.
View institutional ownership trends.

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.
Compare Top Brokerages Here.

One share of CXW stock can currently be purchased for approximately $10.19.

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.