CoreCivic (NYSE:CXW) Issues FY 2026 Earnings Guidance

CoreCivic (NYSE:CXW) updated its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 2.610-2.700 for the period, compared to the consensus estimate of 1.810. The company issued revenue guidance of -.

CoreCivic Stock Performance

NYSE:CXW opened at $32.37 on Friday. CoreCivic has a twelve month low of $15.73 and a twelve month high of $34.00. The company has a quick ratio of 2.44, a current ratio of 2.44 and a debt-to-equity ratio of 0.99. The stock has a market cap of $3.20 billion, a P/E ratio of 26.02 and a beta of 0.58. The business’s 50-day moving average price is $28.99 and its two-hundred day moving average price is $22.84.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CXW. Weiss Ratings upgraded CoreCivic from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 1st. Wall Street Zen lowered CoreCivic from a “buy” rating to a “hold” rating in a research report on Sunday, August 2nd. Northland Securities set a $40.00 target price on shares of CoreCivic in a report on Friday, June 26th. UBS Group set a $35.00 target price on shares of CoreCivic in a research report on Tuesday, July 7th. Finally, JonesTrading reissued a “buy” rating and set a $30.00 price target on shares of CoreCivic in a research report on Wednesday. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $36.20.

Institutional Investors Weigh In On CoreCivic

Large investors have recently bought and sold shares of the business. Royal Bank of Canada boosted its holdings in shares of CoreCivic by 49.2% during the 1st quarter. Royal Bank of Canada now owns 59,523 shares of the real estate investment trust’s stock valued at $1,207,000 after acquiring an additional 19,630 shares during the last quarter. AQR Capital Management LLC lifted its position in CoreCivic by 69.8% during the first quarter. AQR Capital Management LLC now owns 28,120 shares of the real estate investment trust’s stock valued at $571,000 after purchasing an additional 11,557 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in CoreCivic by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,828 shares of the real estate investment trust’s stock worth $1,315,000 after purchasing an additional 2,828 shares during the last quarter. Jones Financial Companies Lllp grew its position in CoreCivic by 3,884.2% in the 1st quarter. Jones Financial Companies Lllp now owns 18,885 shares of the real estate investment trust’s stock worth $383,000 after purchasing an additional 18,411 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in CoreCivic by 2.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,467 shares of the real estate investment trust’s stock worth $4,473,000 after purchasing an additional 4,977 shares during the period. 85.13% of the stock is currently owned by institutional investors.

About CoreCivic

CoreCivic, Inc (NYSE: CXW) is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.

CoreCivic’s portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.