Corecivic (NYSE:CXW) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $2.23-2.31 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.24. Corecivic also updated its Q1 guidance to $0.51-0.53 EPS.
Shares of Corecivic (NYSE CXW) traded up $0.40 during midday trading on Wednesday, reaching $21.66. 1,975,021 shares of the company traded hands, compared to its average volume of 1,071,952. The company has a market capitalization of $2,540.00, a price-to-earnings ratio of 12.97, a PEG ratio of 1.50 and a beta of 0.85. Corecivic has a fifty-two week low of $19.59 and a fifty-two week high of $35.33. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.10 and a current ratio of 1.10.
The business also recently announced a quarterly dividend, which was paid on Monday, January 15th. Investors of record on Tuesday, January 2nd were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 7.76%. The ex-dividend date was Friday, December 29th. Corecivic’s dividend payout ratio is presently 100.60%.
TRADEMARK VIOLATION WARNING: “Corecivic (CXW) Updates FY18 Earnings Guidance” was reported by Markets Daily and is the property of of Markets Daily. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://www.themarketsdaily.com/2018/02/14/corecivic-cxw-updates-fy18-earnings-guidance.html.
CoreCivic, Inc, formerly Corrections Corporation of America, is a diversified government solutions company. The Company provides partnership correctional, detention and residential reentry facilities and operates prison in the United States. The Company’s business offerings include CoreCivic Safety, CoreCivic Properties, and CoreCivic Community.
Receive News & Ratings for Corecivic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corecivic and related companies with MarketBeat.com's FREE daily email newsletter.