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

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$19.40 -0.19 (-0.97 %)
(As of 01/17/2019 10:58 AM ET)
Previous Close$19.59
Today's Range$19.38 - $19.6450
52-Week Range$17.16 - $26.09
Volume73,072 shs
Average Volume870,375 shs
Market Capitalization$2.28 billion
P/E Ratio8.36
Dividend Yield8.97%
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

Current Ratio1.14
Quick Ratio1.14

Price-To-Earnings

Sales & Book Value

Annual Sales$1.77 billion
Price / Sales1.30
Cash Flow$2.8783 per share
Price / Cash Flow6.74
Book Value$12.28 per share
Price / Book1.58

Profitability

Net Income$178.04 million
Net Margins8.88%
Return on Assets4.98%

Miscellaneous

Employees12,875
Market Cap$2.28 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. Stockholders 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 dividend yield of 8.87%. 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) released its earnings results on Monday, November, 5th. The real estate investment trust reported $0.34 EPS for the quarter, missing the Zacks' consensus estimate of $0.38 by $0.04. The real estate investment trust earned $462.73 million during the quarter, compared to the consensus estimate of $454.79 million. Corecivic had a return on equity of 11.64% and a net margin of 8.88%. Corecivic's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.35 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, 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 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 analysts have issued 12-month price objectives for Corecivic's stock. Their predictions range from $24.00 to $33.00. On average, they anticipate Corecivic's share price to reach $28.50 in the next twelve months. This suggests a possible upside of 46.9% 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?

News stories about CXW stock have trended positive on Thursday, according to InfoTrie Sentiment. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Corecivic earned a coverage optimism score of 2.6 on InfoTrie's scale. They also assigned news stories about the real estate investment trust a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the company's share price in the near 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 number of of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), State of Alaska Department of Revenue (0.03%), Louisiana State Employees Retirement System (0.03%) 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 institutional investors are selling Corecivic stock?

CXW stock was sold by a variety of institutional investors in the last quarter, including 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 institutional investors are buying Corecivic stock?

CXW stock was acquired by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., 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 $19.40.

How big of a company is Corecivic?

Corecivic has a market capitalization of $2.28 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:  318 (Vote Underperform)
Total Votes:  603
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 1/17/2019 by MarketBeat.com Staff

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