Q1 Earnings Estimate for CoreCivic Issued By Zacks Small Cap

CoreCivic, Inc. (NYSE:CXW) – Stock analysts at Zacks Small Cap issued their Q1 2025 earnings estimates for shares of CoreCivic in a research report issued to clients and investors on Wednesday, February 12th. Zacks Small Cap analyst M. Marin anticipates 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.

CoreCivic (NYSE:CXW) last released its earnings results on Monday, February 10th. The real estate investment trust reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.33 by $0.06. CoreCivic had a net margin of 3.85% and a return on equity of 6.55%.

CXW has been the subject of several other research reports. Northland Securities upped their price target on CoreCivic from $17.00 to $32.00 and gave the company an “outperform” rating in a report on Friday, November 8th. Wedbush restated an “outperform” rating and issued a $30.00 target price on shares of CoreCivic in a research note on Tuesday. Finally, Noble Financial upgraded shares of CoreCivic from a “market perform” rating to an “outperform” rating in a research note on Wednesday.

CoreCivic Stock Up 6.5 %

Shares of CXW opened at $19.22 on Thursday. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.51 and a current ratio of 1.51. The company has a 50-day simple moving average of $21.30 and a 200-day simple moving average of $17.29. CoreCivic has a 52 week low of $10.74 and a 52 week high of $24.99. The firm has a market capitalization of $2.12 billion, a P/E ratio of 28.69 and a beta of 1.00.

Hedge Funds Weigh In On CoreCivic

Several institutional investors have recently added to or reduced their stakes in CXW. Russell Investments Group Ltd. increased its holdings in shares of CoreCivic by 86,300.0% during the fourth quarter. Russell Investments Group Ltd. now owns 4,320 shares of the real estate investment trust’s stock worth $94,000 after buying an additional 4,315 shares in the last quarter. Envestnet Asset Management Inc. bought a new stake in CoreCivic during the 4th quarter worth approximately $257,000. Wells Fargo & Company MN increased its holdings in CoreCivic by 33.2% during the 4th quarter. Wells Fargo & Company MN now owns 69,965 shares of the real estate investment trust’s stock valued at $1,521,000 after purchasing an additional 17,426 shares in the last quarter. Bryce Point Capital LLC bought a new position in CoreCivic in the 4th quarter valued at $536,000. Finally, Discovery Capital Management LLC CT bought a new position in CoreCivic in the 4th quarter valued at $5,100,000. 85.13% of the stock is owned by institutional investors.

Insider Transactions at CoreCivic

In other CoreCivic news, EVP Anthony L. Grande sold 26,000 shares of the company’s stock in a transaction on Tuesday, November 26th. The stock was 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. This represents a 16.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 transaction, the director now owns 149,264 shares of the company’s stock, valued at $3,388,292.80. This represents a 9.68 % 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.

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.