CoreCivic, Inc. (NYSE:CXW - Free Report) - Investment analysts at Wedbush lowered their Q1 2025 earnings estimates for shares of CoreCivic in a research report issued on Tuesday, February 11th. Wedbush analyst J. Mccanless now anticipates that the real estate investment trust will post earnings per share of $0.34 for the quarter, down from their previous estimate of $0.39. Wedbush has a "Outperform" rating and a $30.00 price target on the stock. The consensus estimate for CoreCivic's current full-year earnings is $1.64 per share. Wedbush also issued estimates for CoreCivic's Q2 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.38 EPS, Q4 2025 earnings at $0.38 EPS and FY2025 earnings at $1.46 EPS.
CXW has been the topic of a number of other research reports. Noble Financial upgraded shares of CoreCivic from a "market perform" rating to an "outperform" rating in a research note on Wednesday, February 12th. StockNews.com raised CoreCivic from a "hold" rating to a "buy" rating in a research report on Friday. Finally, Northland Securities lifted their price target on CoreCivic from $17.00 to $32.00 and gave the stock an "outperform" rating in a report on Friday, November 8th.
Read Our Latest Research Report on CoreCivic
CoreCivic Stock Performance
CXW stock traded down $0.28 during midday trading on Thursday, reaching $18.78. 979,684 shares of the company were exchanged, compared to its average volume of 1,133,325. The business has a 50-day moving average price of $21.19 and a two-hundred day moving average price of $17.38. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.51 and a quick ratio of 1.51. The firm has a market capitalization of $2.07 billion, a price-to-earnings ratio of 28.03 and a beta of 1.00. CoreCivic has a one year low of $10.74 and a one year high of $24.99.
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, topping the consensus estimate 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 at CoreCivic
In other CoreCivic news, EVP Anthony L. Grande sold 26,000 shares of the firm's stock in a transaction on Tuesday, November 26th. The stock was sold at an average price of $22.18, for a total transaction of $576,680.00. Following the transaction, the executive vice president now owns 127,380 shares in the company, valued at $2,825,288.40. This trade represents a 16.95 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Emkes sold 16,000 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $22.70, for a total value of $363,200.00. Following the sale, the director now directly owns 149,264 shares in the company, valued at approximately $3,388,292.80. This trade represents a 9.68 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.89% of the company's stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of CoreCivic by 47.2% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 193,459 shares of the real estate investment trust's stock valued at $2,447,000 after purchasing an additional 62,022 shares during the last quarter. Barclays PLC grew its position in CoreCivic by 312.4% in the third quarter. Barclays PLC now owns 184,332 shares of the real estate investment trust's stock valued at $2,331,000 after acquiring an additional 139,631 shares during the last quarter. River Road Asset Management LLC raised its stake in CoreCivic by 0.5% during the third quarter. River Road Asset Management LLC now owns 8,611,640 shares of the real estate investment trust's stock worth $108,937,000 after acquiring an additional 40,365 shares in the last quarter. Algert Global LLC lifted its holdings in shares of CoreCivic by 348.2% in the third quarter. Algert Global LLC now owns 50,883 shares of the real estate investment trust's stock worth $644,000 after acquiring an additional 39,530 shares during the last quarter. Finally, Empowered Funds LLC bought a new stake in shares of CoreCivic during the 4th quarter valued at approximately $1,477,000. 85.13% of the stock is currently owned by institutional investors and hedge funds.
About CoreCivic
(
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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.
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