Q1 Earnings Estimate for CoreCivic Issued By Noble Financial

CoreCivic, Inc. (NYSE:CXW) – Noble Financial lowered their Q1 2025 earnings per share estimates for CoreCivic in a research report issued on Wednesday, February 12th. Noble Financial analyst J. Gomes now expects that the real estate investment trust will post earnings per share of $0.35 for the quarter, down from their prior estimate 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.

A number of other brokerages have also commented on CXW. Wedbush reissued an “outperform” rating and set a $30.00 price target on shares of CoreCivic in a report on Tuesday. Northland Securities boosted 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 Stock Performance

Shares of NYSE CXW opened at $19.05 on Friday. CoreCivic has a 12-month low of $10.74 and a 12-month high of $24.99. The company has a market cap of $2.10 billion, a PE ratio of 28.44 and a beta of 1.00. The stock has a 50 day simple moving average of $21.30 and a 200-day simple moving average of $17.29. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 0.66.

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, beating 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%.

Insider Transactions at CoreCivic

In other news, Director Mark A. Emkes sold 16,000 shares of the business’s stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $22.70, for a total transaction of $363,200.00. Following the sale, the director now directly owns 149,264 shares of the company’s stock, valued at $3,388,292.80. The trade was a 9.68 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Anthony L. Grande sold 26,000 shares of the 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 transaction, the executive vice president now owns 127,380 shares of the company’s stock, valued at $2,825,288.40. This trade represents a 16.95 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.89% of the company’s stock.

Institutional Trading of CoreCivic

A number of hedge funds have recently bought and sold shares of the company. River Road Asset Management LLC raised its holdings in shares of CoreCivic by 0.5% during the third quarter. River Road Asset Management LLC now owns 8,611,640 shares of the real estate investment trust’s stock valued at $108,937,000 after acquiring an additional 40,365 shares during the period. Cooper Creek Partners Management LLC lifted its holdings in shares of CoreCivic by 9.9% in the fourth quarter. Cooper Creek Partners Management LLC now owns 6,127,227 shares of the real estate investment trust’s stock valued at $133,206,000 after purchasing an additional 553,336 shares in the last quarter. FMR LLC grew its holdings in shares of CoreCivic by 3.8% during the third quarter. FMR LLC now owns 5,117,716 shares of the real estate investment trust’s stock valued at $64,739,000 after buying an additional 186,310 shares in the last quarter. State Street Corp boosted its position in CoreCivic by 0.4% during the 3rd quarter. State Street Corp now owns 4,200,268 shares of the real estate investment trust’s stock worth $53,133,000 after acquiring an additional 18,415 shares during the period. Finally, Geode Capital Management LLC grew its stake in CoreCivic by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,570,005 shares of the real estate investment trust’s stock valued at $32,517,000 after acquiring an additional 18,410 shares in the last quarter. 85.13% of the stock is owned by hedge funds and other institutional investors.

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.