CoreCivic (NYSE:CXW) Issues FY 2025 Earnings Guidance

CoreCivic (NYSE:CXW) updated its FY 2025 earnings guidance on Monday. The company provided EPS guidance of 1.370-1.500 for the period, compared to the consensus EPS estimate of 1.770. The company issued revenue guidance of -.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Northland Securities raised their price target on CoreCivic from $17.00 to $32.00 and gave the stock an “outperform” rating in a research report on Friday, November 8th. Wedbush restated an “outperform” rating and issued a $30.00 price target on shares of CoreCivic in a research report on Tuesday.

CoreCivic Stock Performance

NYSE:CXW opened at $18.09 on Wednesday. The stock’s 50-day simple moving average is $21.35 and its 200 day simple moving average is $17.28. The firm has a market capitalization of $1.99 billion, a PE ratio of 26.99 and a beta of 1.00. 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.

CoreCivic (NYSE:CXW) last released its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.39 earnings per share for the quarter, beating 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%. On average, analysts anticipate that CoreCivic will post 1.64 EPS for the current fiscal year.

Insider Activity at CoreCivic

In other news, Director Mark A. Emkes sold 16,000 shares of CoreCivic stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $22.70, for a total transaction of $363,200.00. Following the sale, 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 document filed with the SEC, which can be accessed through the SEC website. Also, EVP Anthony L. Grande sold 26,000 shares of CoreCivic stock in a transaction dated Tuesday, November 26th. The shares were sold at an average price of $22.18, for a total value of $576,680.00. Following the sale, the executive vice president now directly owns 127,380 shares in the company, valued at $2,825,288.40. The trade was a 16.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.89% of the stock is currently owned by insiders.

CoreCivic Company Profile

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.