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CoreCivic (CXW) News & Sentiment

CoreCivic Appoints Dawn Smith, Stacey Tank, and Nina Tran to Its Board of Directors
CoreCivic Appoints Dawn Smith, Stacey Tank, and Nina Tran to Its Board of Directors
CoreCivic Appoints Dawn Smith, Stacey Tank, and Nina Tran to Its Board of Directors
CXW
globenewswire.comMarch 7, 2025

BRENTWOOD, Tenn., March 07, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (CoreCivic or the Company) announced today that, effective March 17, 2025, Dawn Smith, Stacey Tank, and Nina Tran will be appointed as independent members of the Company's Board of Directors (the Board), expanding the Board from eleven to fourteen directors, thirteen of whom have been determined by the Board to be independent. CoreCivic's new board members are expected to join various board committees in the future.

CoreCivic: Analysts Fear Is Unwarranted (Rating Upgrade)
CoreCivic: Analysts Fear Is Unwarranted (Rating Upgrade)
CoreCivic: Analysts Fear Is Unwarranted (Rating Upgrade)
CXW
seekingalpha.comFebruary 21, 2025

CoreCivic experienced significant volatility due to unwarranted Analysts fear and sector concerns, presenting a buying opportunity. Despite recent weak guidance for 2025, CoreCivic's management expressed optimism about future growth, particularly with ICE and the US Marshals Service. Q4 2024 results showed a decline in net income due to contract termination, but overall fiscal performance remained strong with $2 billion in revenue.

CoreCivic, Inc. (CXW) Q4 2024 Earnings Call Transcript
CoreCivic, Inc. (CXW) Q4 2024 Earnings Call Transcript
CoreCivic, Inc. (CXW) Q4 2024 Earnings Call Transcript
CXW
seekingalpha.comFebruary 11, 2025

CoreCivic, Inc. (NYSE:CXW ) Q4 2024 Earnings Call Transcript February 11, 2025 11:00 AM ET Company Participants Mike Grant - Managing Director of Investor Relations Damon Hininger - Chief Executive Officer and Director David Garfinkle - Executive Vice President and Chief Financial Officer Patrick Swindle - President and Chief Operating Officer Conference Call Participants Joe Gomes - Noble Capital Markets Greg Gibas - Northland Securities M. Marin - Zacks Investment Research, Inc. Kirk Ludtke - Imperial Capital, LLC Jay McCanless - Wedbush Securities Ben Briggs - StoneX Financial Operator Thank you for standing by.

CoreCivic's New Contracts On Focus, Analyst Sees Revenue Opportunities In 2026
CoreCivic's New Contracts On Focus, Analyst Sees Revenue Opportunities In 2026
CoreCivic's New Contracts On Focus, Analyst Sees Revenue Opportunities In 2026
CXW
benzinga.comFebruary 11, 2025

JonesResearch analyst Jason Weaver reiterated the Buy rating and price forecast of $28 for CoreCivic, Inc. CXW following fourth-quarter results reported yesterday.

CoreCivic Reports Fourth Quarter and Full Year 2024 Financial Results
CoreCivic Reports Fourth Quarter and Full Year 2024 Financial Results
CoreCivic Reports Fourth Quarter and Full Year 2024 Financial Results
CXW
globenewswire.comFebruary 10, 2025

Higher Occupancy and Cost Management Drive Strong Financial Performance Establishes 2025 Full Year Guidance

CoreCivic: The Picture Has Changed, But The Rating Hasn't
CoreCivic: The Picture Has Changed, But The Rating Hasn't
CoreCivic: The Picture Has Changed, But The Rating Hasn't
CXW
seekingalpha.comFebruary 5, 2025

CoreCivic's stock surged 60.7% due to a favorable political climate, despite earlier setbacks from contract losses under the previous administration. The company's revenue and profitability have improved, driven by higher occupancy rates and lower variable expenses, making it near the low end of fair value. With significant contracts from ICE and USMS, CoreCivic stands to benefit from increased government investments in detention facilities under the current administration.

CoreCivic: An Undervalued Opportunity In The Private Prison Sector
CoreCivic: An Undervalued Opportunity In The Private Prison Sector
CoreCivic: An Undervalued Opportunity In The Private Prison Sector
CXW
seekingalpha.comFebruary 4, 2025

CoreCivic's share price lags behind GEO Group, but it has a stronger balance sheet, stable cash flows, and an attractive valuation. CoreCivic has reduced its debt significantly, allowing for share buybacks, which can support the share price and offer growth potential. GEO Group benefited from a short squeeze, driving up its share price, but CoreCivic offers a better valuation with a P/B ratio of 1.5x versus 3.3x.

CoreCivic Expands Montana Relationship With New Contract And Additional Bed Utilization
CoreCivic Expands Montana Relationship With New Contract And Additional Bed Utilization
CoreCivic Expands Montana Relationship With New Contract And Additional Bed Utilization
CXW
globenewswire.comJanuary 16, 2025

BRENTWOOD, Tenn., Jan. 16, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today it has been awarded a new management contract with the state of Montana to care for additional inmates outside the state of Montana, with 240 inmates anticipated to arrive at our 2,672-bed Tallahatchie County Correctional Facility in Tutwiler, Mississippi during the first quarter of 2025. During January 2025, CoreCivic also received an additional 120 Montana inmates at the Company's 1,896-bed Saguaro Correctional Facility in Eloy, Arizona, under an existing contract with the state of Montana.

CoreCivic Announces 2024 Fourth Quarter Earnings Release and Conference Call Dates
CoreCivic Announces 2024 Fourth Quarter Earnings Release and Conference Call Dates
CoreCivic Announces 2024 Fourth Quarter Earnings Release and Conference Call Dates
CXW
globenewswire.comJanuary 13, 2025

BRENTWOOD, Tenn., Jan. 13, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 fourth quarter financial results after the market closes on Monday, February 10, 2025. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Tuesday, February 11, 2025.

Trump's plan for mass deportation could have a big effect on prices
Trump's plan for mass deportation could have a big effect on prices
Trump's plan for mass deportation could have a big effect on prices
CXW
cnbc.comJanuary 11, 2025

Some experts say there is really nothing the government can do about high food prices.