The average price target is $15.3, which means analysts expect the stock to climb by 134.66% over the next … Why Philly shut down its homeless COVID hotels, and why advocates are furious A private prison company runs one of the temporary sites where residents are being relocated. CoreCivic, Inc.’s EPS for the current quarter is expected to … Fool since 2011. Why Philly shut down its homeless COVID hotels, and why advocates are furious A private prison company runs one of the temporary sites where residents are being relocated. Two of the biggest companies, CoreCivic and The GEO Group, are publicly traded. In fact, it might be in the best interests of both the company and its long-term investors. CoreCivic (CXW +0.2%) gets a new contract under an intergovernmental agreement between the city of Cushing, OK, and the United States Marshals Service that … So we wouldn't blame long term CoreCivic, Inc. shareholders for doubting their decision to hold, with the stock down 57% over a half decade. ET by Tomi Kilgore. Stock Advisor launched in February of 2002. The … That average ranking earns As … It was a bizarre day on the market as stocks broadly ripped higher even as the result that many had feared, an uncertain outcome in the presidential election, was the reality. Find the latest CoreCivic, Inc. (CXW) stock quote, history, news and other vital information to help you with your stock trading and investing. The company has a debt-to-equity […] Go to the homepage. Last quarter, earnings tumbled 54%, and CoreCivic shares are down 47% in the past year. CoreCivic Inc. [NYSE: CXW] loss -1.96% on the last trading session, reaching $8.00 price per share at the time. The company traded as low as $6.45 and last traded at $6.45. The plunge was company-specific and news-related, and that news has huge implications for CoreCivic's future. Jan. 19, 2017 at 10:17 a.m. That's partly because of the dividend suspension, but also because the company may choose to ditch the REIT corporate structure. Returns as of 12/24/2020. Corecivic (NYSE:CXW) is scheduled to announce Q3 earnings results on Wednesday, November 4th, after market close.Consensus revenue estimate is $462M ( … Private prison giants CoreCivic and GEO Group have been abandoned by Wall Street and seen their stock prices plummet. Though both GEO Group and CoreCivic initially popped after Trump was elected in 2016, the stocks have fallen in recent years, and investors are even more pessimistic about a Biden administration. With the company's stock trading at low levels and its bonds under pressure, as well, CoreCivic noted that "capital has become increasingly expensive." CoreCivic Inc. analyst estimates, including CXW earnings per share estimates and analyst recommendations. CoreCivic Inc () Stock Market info Recommendations: Buy or sell CoreCivic stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the CoreCivic share forecasts, stock quote and buy / sell signals below.According to present data CoreCivic's CXW shares and potentially its market environment have … Which brings up some even bigger news. Shares of GEO Group (NYSE:GEO) and CoreCivic (NYSE:CXW), two real estate investment trust (REIT) operators of private detention centers, were down sharply. Returns as of 12/24/2020. ET by Tomi Kilgore. Corecivic Inc (CXW) stock has gained 2.24% while the S&P 500 is down -0.01% as of 1:08 PM on Tuesday, Aug 4. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. On average, analysts give the stock a Strong Buy rating. Why CoreCivic Stock Plunged at the Open on June 17 Though management reassured the market that the REIT is financially strong, they just gave dividend investors a … Wall Street is positive on Corecivic Inc (CXW). Why CoreCivic Stock Fell 14.1% in September The private prison operator no longer looks attractive to dividend investors. ... 5:55p Why One Analyst Thinks Apple Stock … I believe there are 2 bearish viewpoints that are holding CoreCivic's market price down The Financial bear - believes the stock will go down The Moral bear - agnostic to stock profitability. Get the hottest stocks to trade every day before the market opens 100% free. As of 11:55 a.m. EST, GEO Group shares had given up 12.6% and CoreCivic was down 16.8%. At this point, uncertainty is high here and it will likely be months before there's any resolution. Approximately 3,803,178 shares traded hands during mid-day trading, an increase of 127% from the average daily volume of 1,673,103 shares. CoreCivic Inc. represents 119.63 million in outstanding shares, while the company has a total market value of $952.24 million with the latest information. The stock has a 52-week high of $24.38 and a … As a US$2.9b market-cap stock, it seems odd CoreCivic is not more well-covered by analysts. Wall Street Stock Market & Finance report, prediction for the future: You'll find the CoreCivic share forecasts, stock quote and buy / sell signals below.According to present data CoreCivic's CXW shares and potentially its market environment have been in bearish cycle last 12 months (if exists). The following presents a detailed CoreCivic stock price history for your review. Approximately 3,803,178 shares traded hands during mid-day trading, an increase of 127% from the average daily volume of 1,673,103 shares. CXW has gained $0.20 from the previous closing price of $8.91 on volume of 1,950,497 shares. CoreCivic, Inc. (NYSE:CXW) went down by -2.22% from its latest closing price when compared to the 1-year high value of $18.53 and move down -91.43%, while CXW stocks collected 10.76% of gains with the last five trading sessions. Shares of GEO Group (NYSE: GEO) and CoreCivic (NYSE: CXW), two real estate investment trust operators of private detention centers, were down sharply.  "The final Why CoreCivic Stock Plunged at the Open on June 17 ... As of about 10:50 a.m. EDT, the stock had pared those losses, but was still down by around 15.5%. On average, analysts give the stock a Strong Buy rating. CoreCivic Inc. represents 119.63 million in outstanding shares, while the company has a total market value of $952.24 million with the latest information. Why CoreCivic Stock Fell 14.1% in September Rich Duprey 10/2/2020. CoreCivic reported a 3.2% increase in sales to $1.85 billion and a 0.9% profit decline to $220 million for 2016. The company’s stock price has collected 4.26% of gains in the last five trading sessions. Corecivic shares were trading down 13.9% at $10.78 at time of publication on Wednesday. Over the past three months, shares of CoreCivic (NYSE: CXW) decreased by 14.02%. Wall Street is positive on Corecivic Inc (CXW). Why Private Prison Stocks Were Down Sharply Today Why Front Yard Residential Stock Rocketed 53% in October, but Empire State Realty and CoreCivic Fell Why CoreCivic Stock Fell 14.1% in September ... the stock has trended down for most of the year and currently stands 53% … Given that its yield had risen to roughly 14%, a payout cut had already been priced into the stock, but few investors were expecting the dividend to go all the way to zero. Press Release reported on 11/04/20 that CoreCivic Reports Third Quarter 2020 Financial Results. using the scroll bar or pinch and zoom on a touch screen). CoreCivic's stock has been languishing at low levels and its bond prices have been weak, too, so its cost of capital has been relatively high. MotleyFool 34d: CoreCivic, Inc. (CXW) Q2 2020 Earnings Call Transcript. If we narrow down to specifics, the data shows that none out of 1 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. CoreCivic stock price target raised to $28 from $22 at Canaccord Genuity. Analysts have begun to worry about a … It's important to remember that the outcome of the election is undetermined and control of the Senate will also influence the power of a potential Biden administration, so investors in these two stocks should keep an eye on the results as more votes are tallied. Why CoreCivic Stock Fell 14.1% in September Rich Duprey 10/2/2020. ... the stock has trended down for most of the year and currently stands 53% below where it began 2020. The review being undertaken by the board and management team of CoreCivic isn't inherently bad. CoreCivic Q4 Adj Profit Down; Issues Q1, 2020 Outlook . In the correctional system, however, less than 10% of state and federal inmates are … That's inherent to the REIT model, which requires at least 90% of taxable income to be pushed through to investors. Shares of real estate investment trust (REIT) CoreCivic (NYSE:CXW) fell sharply at the start of trading Wednesday, losing nearly 20% of their value. CoreCivic Inc () Stock Market info Recommendations: Buy or sell CoreCivic stock? CoreCivic stock price … However, there was one sign that the market is pricing in a Joe Biden victory. That may explain why both stocks underperformed under Trump, but criminal justice reform is likely to accelerate under a Biden administration. Why CoreCivic Stock Plunged at the Open on June 17 ... As of about 10:50 a.m. EDT, the stock had pared those losses, but was still down by around 15.5%. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. ... Why CoreCivic Stock Popped 10% This Morning. Of the remaining, none recommended CXW as a Hold, 1 felt it is a Buy and none rated the stock as Underweight. Shares of CoreCivic (NYSE: CXW) moved lower by 15.22% in the past three months. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Private Prison Stocks Were Down Sharply Today @themotleyfool #stocks $GEO $CXW, CoreCivic, Inc. (CXW) Q3 2020 Earnings Call Transcript, Why Front Yard Residential Stock Rocketed 53% in October, but Empire State Realty and CoreCivic Fell, 3 Dividend Stocks to Buy if Donald Trump Wins the Election, The Geo Group (GEO) Q3 2020 Earnings Call Transcript, Copyright, Trademark and Patent Information. CoreCivic aims to get leverage down to a more comfortable range of 2.25 to 2.75 times debt-to-EBITDA in the future. Find the latest CoreCivic, Inc. (CXW) stock quote, history, news and other vital information to help you with your stock trading and investing. Market data powered by FactSet and Web Financial Group. The first bit of bad news, which likely came as a surprise to dividend-focused investors, was that the corrections facility operator had suspended its dividend. It is generally smart to take a look at trends experienced by the stock further out than a single trading session. Profits were brought down collectively by a $4 million restructuring charge, which helped raise operating expenses by 2.7%, and a 36% increase in interest expenses. Of the remaining, none recommended CXW as a Hold, 1 felt it is a Buy and none rated the stock as Underweight. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why CoreCivic Stock Plunged at the Open on June 17 @themotleyfool #stocks $CXW, CoreCivic, Inc. (CXW) Q3 2020 Earnings Call Transcript, Why Private Prison Stocks Were Down Sharply Today, Why Front Yard Residential Stock Rocketed 53% in October, but Empire State Realty and CoreCivic Fell, Why CoreCivic Stock Fell 14.1% in September, 4 Stocks to Sell if Joe Biden Becomes President, Copyright, Trademark and Patent Information. Publicly traded the biggest companies, CoreCivic and the GEO Group shares had given 12.6... The broad market market is pricing in a Joe Biden victory follow me on Twitter to see my latest,... 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