Q1 Earnings Forecast for CoreCivic Issued By Noble Financial

CoreCivic, Inc. (NYSE:CXW) – Research analysts at Noble Financial lowered their Q1 2025 earnings estimates for CoreCivic in a research report issued to clients and investors on Wednesday, February 12th. Noble Financial analyst J. Gomes now anticipates that the real estate investment trust will post earnings per share of $0.35 for the quarter, down from their prior forecast of $0.37. Noble Financial has a “Outperform” rating on the stock. The consensus estimate for CoreCivic’s current full-year earnings is $1.64 per share. Noble Financial also issued estimates for CoreCivic’s Q2 2025 earnings at $0.41 EPS, Q3 2025 earnings at $0.43 EPS and Q4 2025 earnings at $0.42 EPS.

CoreCivic (NYSE:CXW) last issued its quarterly earnings data 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 return on equity of 6.55% and a net margin of 3.85%.

Several other equities analysts also recently issued reports on CXW. Northland Securities raised their price target on shares of CoreCivic from $17.00 to $32.00 and gave the company an “outperform” rating in a research note on Friday, November 8th. StockNews.com raised CoreCivic from a “hold” rating to a “buy” rating in a research report on Friday. Finally, Wedbush reissued an “outperform” rating and issued a $30.00 price target on shares of CoreCivic in a research note on Tuesday.

CoreCivic Stock Performance

CoreCivic stock opened at $18.78 on Friday. The business has a 50 day moving average of $21.19 and a 200-day moving average of $17.34. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.51 and a quick ratio of 1.51. CoreCivic has a 1 year low of $10.74 and a 1 year high of $24.99. The company has a market capitalization of $2.07 billion, a P/E ratio of 28.03 and a beta of 1.00.

Hedge Funds Weigh In On CoreCivic

Several institutional investors have recently made changes to their positions in the stock. Meeder Asset Management Inc. bought a new stake in CoreCivic in the 4th quarter valued at about $43,000. GAMMA Investing LLC boosted its holdings in CoreCivic by 77.7% in the third quarter. GAMMA Investing LLC now owns 3,733 shares of the real estate investment trust’s stock worth $47,000 after acquiring an additional 1,632 shares in the last quarter. Smartleaf Asset Management LLC grew its stake in CoreCivic by 318.9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,442 shares of the real estate investment trust’s stock valued at $53,000 after acquiring an additional 1,859 shares during the period. 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 valued at $94,000 after acquiring an additional 4,315 shares in the last quarter. Finally, nVerses Capital LLC raised its position in shares of CoreCivic by 177.4% during the third quarter. nVerses Capital LLC now owns 8,600 shares of the real estate investment trust’s stock worth $109,000 after purchasing an additional 5,500 shares during the period. Institutional investors and hedge funds own 85.13% of the company’s stock.

Insider Buying and Selling at CoreCivic

In other CoreCivic news, EVP Anthony L. Grande sold 26,000 shares of the stock in a transaction that occurred 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 directly owns 127,380 shares in the company, valued at approximately $2,825,288.40. This represents a 16.95 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Emkes sold 16,000 shares of CoreCivic stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $22.70, for a total transaction of $363,200.00. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. Insiders own 1.89% of the company’s stock.

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.