Corecivic Stock Price, News & Analysis (NYSE:CXW)

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

Corecivic announced a quarterly dividend on Thursday, August 15th. Investors of record on Tuesday, October 1st will be paid a dividend of $0.44 per share on Tuesday, October 15th. This represents a $1.76 dividend on an annualized basis and a yield of 10.32%. The ex-dividend date of this dividend is Monday, September 30th. View Corecivic's Dividend History.

Corecivic Inc (NYSE:CXW) issued its quarterly earnings data on Monday, August, 5th. The real estate investment trust reported $0.69 EPS for the quarter, topping the consensus estimate of $0.62 by $0.07. The real estate investment trust had revenue of $490.29 million for the quarter, compared to the consensus estimate of $483.78 million. Corecivic had a return on equity of 13.50% and a net margin of 9.39%. Corecivic's quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 earnings per share. View Corecivic's Earnings History.

Corecivic is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Corecivic.

Corecivic issued an update on its FY19 earnings guidance on Monday, August, 5th. The company provided EPS guidance of $2.58-2.62 for the period.

1 analysts have issued 1-year price objectives for Corecivic's shares. Their predictions range from $24.00 to $24.00. On average, they expect Corecivic's stock price to reach $24.00 in the next twelve months. This suggests a possible upside of 40.8% from the stock's current price. View Analyst Price Targets 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.

Press coverage about CXW stock has trended somewhat negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Corecivic earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Corecivic.

Corecivic saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 1,247,900 shares, a drop of 13.2% from the July 31st total of 1,437,000 shares. Based on an average daily trading volume, of 935,000 shares, the short-interest ratio is presently 1.3 days. Approximately 1.1% of the company's shares are sold short. View Corecivic's Current Options Chain.

Some companies that are related to Corecivic include Lamar Advertising (LAMR), Kilroy Realty (KRC), American Homes 4 Rent (AMH), Apartment Investment and Management (AIV), Liberty Property Trust (LPT), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), Starwood Property Trust (STWD), CubeSmart (CUBE), SL Green Realty (SLG), American Campus Communities (ACC), New Residential Investment (NRZ), EPR Properties (EPR), Healthcare Trust Of America (HTA) and Brixmor Property Group (BRX).

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), Johnson & Johnson (JNJ), Realty Income (O), Verizon Communications (VZ), Enterprise Products Partners (EPD), Altria Group (MO), ANNALY CAP MGMT/SH (NLY) and Energy Transfer LP Unit (ET).

Corecivic's stock is owned by a number 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.

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.

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.

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 $17.05.

Corecivic has a market capitalization of $2.03 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]