Q1 Earnings Estimate for CoreCivic Issued By Zacks Small Cap

CoreCivic, Inc. (NYSE:CXW) – Equities researchers at Zacks Small Cap issued their Q1 2025 earnings estimates for CoreCivic in a research report issued 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.

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

Several other research analysts also recently weighed in on CXW. Noble Financial upgraded shares of CoreCivic from a “market perform” rating to an “outperform” rating in a research note on Wednesday. Wedbush reiterated an “outperform” rating and set a $30.00 price objective on shares of CoreCivic in a research note on Tuesday. Finally, Northland Securities raised their price target 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.

CoreCivic Price Performance

CXW opened at $19.05 on Thursday. The company has a market cap of $2.10 billion, a P/E ratio of 28.44 and a beta of 1.00. The company has a 50 day moving average of $21.30 and a two-hundred day moving average of $17.29. 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 52-week low of $10.74 and a 52-week high of $24.99.

Insider Activity at CoreCivic

In other news, Director Mark A. Emkes sold 16,000 shares of the company’s 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 completion of the sale, the director now owns 149,264 shares in the company, valued at $3,388,292.80. This represents a 9.68 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP Anthony L. Grande sold 26,000 shares of the company’s stock in a transaction on Tuesday, November 26th. The shares were sold at an average price of $22.18, for a total value of $576,680.00. Following the completion of the sale, the executive vice president now owns 127,380 shares of the company’s stock, valued at approximately $2,825,288.40. This trade represents a 16.95 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.89% of the company’s stock.

Institutional Investors Weigh In On CoreCivic

A number of institutional investors and hedge funds have recently modified their holdings of CXW. GAMMA Investing LLC raised its position in shares of CoreCivic by 77.7% during the third quarter. GAMMA Investing LLC now owns 3,733 shares of the real estate investment trust’s stock worth $47,000 after purchasing an additional 1,632 shares during the period. Exchange Traded Concepts LLC increased its position in CoreCivic by 25.4% in the 3rd quarter. Exchange Traded Concepts LLC now owns 55,862 shares of the real estate investment trust’s stock worth $707,000 after purchasing an additional 11,332 shares during the last quarter. nVerses Capital LLC boosted its stake in shares of CoreCivic by 177.4% during the 3rd quarter. nVerses Capital LLC now owns 8,600 shares of the real estate investment trust’s stock worth $109,000 after acquiring an additional 5,500 shares in the last quarter. abrdn plc boosted its stake in shares of CoreCivic by 8.7% during the 3rd quarter. abrdn plc now owns 1,031,400 shares of the real estate investment trust’s stock worth $13,047,000 after acquiring an additional 82,500 shares in the last quarter. Finally, River Road Asset Management LLC boosted its stake in shares of CoreCivic by 0.5% during the 3rd 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. 85.13% of the stock is owned by institutional investors and hedge funds.

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.