Q1 Earnings Estimate for CoreCivic Issued By Zacks Small Cap

CoreCivic, Inc. (NYSE:CXW - Free Report) - Analysts at Zacks Small Cap issued their Q1 2025 earnings estimates for CoreCivic in a report released on Wednesday, February 12th. Zacks Small Cap analyst M. Marin expects that the real estate investment trust will earn $0.35 per share for the quarter. The consensus estimate for CoreCivic's current full-year earnings is $1.64 per share. Zacks Small Cap also issued estimates for CoreCivic's Q2 2025 earnings at $0.36 EPS, Q3 2025 earnings at $0.36 EPS, Q4 2025 earnings at $0.37 EPS and FY2025 earnings at $1.44 EPS.

A number of other brokerages have also commented on CXW. StockNews.com raised CoreCivic from a "hold" rating to a "buy" rating in a report on Friday. Northland Securities boosted their target price on shares of CoreCivic from $17.00 to $32.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Noble Financial upgraded CoreCivic from a "market perform" rating to an "outperform" rating in a research note on Wednesday, February 12th. Finally, Wedbush reaffirmed an "outperform" rating and issued a $30.00 target price on shares of CoreCivic in a report on Tuesday, February 11th.

CoreCivic Stock Down 1.5 %

Shares of CXW traded down $0.28 during mid-day trading on Thursday, hitting $18.78. 979,684 shares of the company's stock were exchanged, compared to its average volume of 1,133,325. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.66. CoreCivic has a twelve month low of $10.74 and a twelve month high of $24.99. The firm has a fifty day moving average of $21.19 and a two-hundred day moving average of $17.38. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 28.03 and a beta of 1.00.

CoreCivic (NYSE:CXW - Get Free Report) last issued its earnings results on Monday, February 10th. The real estate investment trust reported $0.39 EPS for the quarter, beating analysts' consensus estimates of $0.33 by $0.06. CoreCivic had a return on equity of 6.55% and a net margin of 3.85%.

Insider Buying and Selling

In other CoreCivic news, Director Mark A. Emkes sold 16,000 shares of CoreCivic stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $22.70, for a total transaction of $363,200.00. Following the completion of the transaction, the director now directly owns 149,264 shares of the company's stock, valued at approximately $3,388,292.80. This trade represents a 9.68 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Anthony L. Grande sold 26,000 shares of the company's stock in a transaction dated Tuesday, November 26th. The stock was sold at an average price of $22.18, for a total transaction of $576,680.00. Following the completion of the sale, the executive vice president now directly owns 127,380 shares in the company, valued at approximately $2,825,288.40. The trade was a 16.95 % decrease in their position. The disclosure for this sale can be found here. 1.89% of the stock is owned by company insiders.

Institutional Trading of CoreCivic

Several large investors have recently made changes to their positions in the business. Millennium Management LLC grew its stake in shares of CoreCivic by 88.4% during the fourth quarter. Millennium Management LLC now owns 1,261,944 shares of the real estate investment trust's stock valued at $27,435,000 after purchasing an additional 592,070 shares during the last quarter. Cooper Creek Partners Management LLC lifted its position in CoreCivic by 9.9% during the 4th quarter. Cooper Creek Partners Management LLC now owns 6,127,227 shares of the real estate investment trust's stock valued at $133,206,000 after purchasing an additional 553,336 shares during the period. Raymond James Financial Inc. bought a new stake in shares of CoreCivic during the fourth quarter worth approximately $11,733,000. Forest Avenue Capital Management LP bought a new stake in shares of CoreCivic during the fourth quarter worth approximately $11,205,000. Finally, Tudor Investment Corp ET AL lifted its holdings in CoreCivic by 1,398.6% in the fourth quarter. Tudor Investment Corp ET AL now owns 411,772 shares of the real estate investment trust's stock valued at $8,952,000 after buying an additional 384,295 shares during the period. Institutional investors own 85.13% of the company's stock.

About CoreCivic

CoreCivic, Inc owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions.