NYSE:CXW - Corecivic Stock Price, News, & Analysis

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$19.49 +0.02 (+0.10 %)
(As of 01/21/2019 02:06 PM ET)
Previous Close$19.47
Today's Range$19.30 - $19.59
52-Week Range$17.16 - $26.09
Volume505,868 shs
Average Volume622,905 shs
Market Capitalization$2.31 billion
P/E Ratio8.40
Dividend Yield8.82%
Beta1.19
The 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, a growing network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions. 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 U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 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.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP22025Y40
Phone615-263-3000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.77 billion
Cash Flow$2.8453 per share
Book Value$12.28 per share

Profitability

Net Income$178.04 million

Miscellaneous

Employees12,875
Market Cap$2.31 billion
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 announced a quarterly dividend on Thursday, December 13th. Shareholders of record on Wednesday, January 2nd will be paid a dividend of $0.43 per share on Tuesday, January 15th. This represents a $1.72 annualized dividend and a yield of 8.83%. The ex-dividend date of this dividend is Monday, December 31st. View Corecivic's Dividend History.

How were Corecivic's earnings last quarter?

Corecivic Inc (NYSE:CXW) announced its quarterly earnings data on Monday, November, 5th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.04. The real estate investment trust had revenue of $462.73 million for the quarter, compared to the consensus estimate of $454.79 million. Corecivic had a net margin of 8.88% and a return on equity of 11.64%. Corecivic's quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.35 earnings per share. View Corecivic's Earnings History.

When is Corecivic's next earnings date?

Corecivic is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for Corecivic.

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

Corecivic issued an update on its fourth quarter earnings guidance on Monday, November, 5th. The company provided EPS guidance of $0.61 to $0.63 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.64. Corecivic also updated its FY 2018 guidance to $2.29-2.31 EPS.

What price target have analysts set for CXW?

2 brokerages have issued 1-year price objectives for Corecivic's shares. Their forecasts range from $24.00 to $33.00. On average, they expect Corecivic's stock price to reach $28.50 in the next twelve months. This suggests a possible upside of 46.2% from the stock's current price. View Analyst Price Targets for Corecivic.

What is the consensus analysts' recommendation for Corecivic?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Corecivic in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Corecivic.

Has Corecivic been receiving favorable news coverage?

Headlines about CXW stock have been trending positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Corecivic earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned news articles about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future.

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 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. Harley G. Lappin III, Director (Age 63)

Who are Corecivic's major shareholders?

Corecivic's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), Nisa Investment Advisors LLC (0.03%), State of Alaska Department of Revenue (0.03%), Louisiana State Employees Retirement System (0.03%), Alpha Windward LLC (0.02%) and Meeder Asset Management Inc. (0.02%). 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 and Thurgood Marshall Jr. View Institutional Ownership Trends for Corecivic.

Which major investors are selling Corecivic stock?

CXW stock was sold by a variety of institutional investors in the last quarter, including Nisa Investment Advisors LLC and Louisiana State Employees Retirement System. Company insiders that have sold Corecivic company stock in the last year include Charles L Overby, Damon T Hininger, David Garfinkle, Harley G Lappin, Kim White and Thurgood Marshall Jr. View Insider Buying and Selling for Corecivic.

Which major investors are buying Corecivic stock?

CXW stock was bought by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., Alpha Windward LLC, State of Alaska Department of Revenue and Retirement Systems of Alabama. 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 $19.49.

How big of a company is Corecivic?

Corecivic has a market capitalization of $2.31 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.

What is Corecivic's official website?

The official website for Corecivic is http://www.corecivic.com.

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:  285 (Vote Outperform)
Underperform Votes:  319 (Vote Underperform)
Total Votes:  604
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 1/21/2019 by MarketBeat.com Staff

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