CoreCivic - CXW Stock Forecast, Price & News

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

2 Wall Street analysts have issued 1-year price targets 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 57.1% 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 start of the year. Since then, CXW stock has decreased by 6.4% and is now trading at $10.82.
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 days-to-cover ratio is presently 2.4 days. Approximately 2.2% of the shares of the stock 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) released its quarterly earnings data on Wednesday, May, 4th. The real estate investment trust reported $0.14 EPS 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 the consensus estimate of $467.34 million. CoreCivic had a trailing twelve-month return on equity of 5.49% and a net margin of 6.82%. The firm's revenue for the quarter was down .4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.44 earnings per share.

CoreCivic updated its FY 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of $1.28-$1.32 for the period. The company issued revenue guidance of -.

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 many different retail and institutional investors. Top institutional shareholders include Comerica Bank (0.20%), State of Alaska Department of Revenue (0.07%), Yousif Capital Management LLC (0.06%), SummerHaven Investment Management LLC (0.06%), Louisiana State Employees Retirement System (0.05%) and Oregon Public Employees Retirement Fund (0.03%). 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 $10.82.

CoreCivic (NYSE:CXW) has a market capitalization of $1.24 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.