corecivic a diversified government solutions company with the scale and experience needed to solve tough government challenges in cost-effective ways. we provide a broad range of solutions to government partners that serve the public good through high-quality corrections and detention management, innovative and cost-saving government real estate solutions, and a growing network of residential reentry centers to help address america’s recidivism crisis. we are a publicly traded real estate investment trust (reit) and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. the company has been a flexible and dependable partner for government for more than 30 years. our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good. learn more at http://www.corecivic.com/
Company profile
Ticker
CXW
Exchange
Website
CEO
Damon Hininger
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
CORRECTIONS CORP OF AMERICA, CORRECTIONS CORP OF AMERICA/MD, PRISON REALTY CORP, PRISON REALTY TRUST INC
SEC CIK
Corporate docs
Subsidiaries
ACS Corrections of Texas, L.L.C. • Avalon Corpus Christi Transitional Center, LLC • Avalon Correctional Services, Inc. • Avalon Transitional Center Dallas, LLC • Avalon Tulsa, L.L.C. • Carver Transitional Center, L.L.C. • CCA Health Services, LLC • CCA International, LLC • CCA South Texas, LLC • CCA (UK) Ltd. ...
IRS number
621763875
CXW stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
28 Mar 24
DEFA14A
Additional proxy soliciting materials
28 Mar 24
DEF 14A
Definitive proxy
28 Mar 24
8-K
Other Events
15 Mar 24
8-K
CoreCivic ANNOUNCES CLOSING OF OFFERING OF $500 MILLION OF 8.250% SENIOR NOTES DUE 2029 AND EXPIRATION AND RESULTS OF TENDER OFFER FOR 2026 NOTES
12 Mar 24
8-K
Departure of Directors or Certain Officers
8 Mar 24
8-K
Corecivic Announces Upsizing and Pricing of
7 Mar 24
424B5
Prospectus supplement for primary offering
7 Mar 24
FWP
Free writing prospectus
6 Mar 24
8-K
Corecivic Announces Proposed
5 Mar 24
Transcripts
CXW
Earnings call transcript
2023 Q4
8 Feb 24
CXW
Earnings call transcript
2023 Q3
7 Nov 23
CXW
Earnings call transcript
2023 Q2
8 Aug 23
CXW
Earnings call transcript
2023 Q1
4 May 23
CXW
Earnings call transcript
2022 Q4
9 Feb 23
CXW
Earnings call transcript
2022 Q3
3 Nov 22
CXW
Earnings call transcript
2022 Q2
3 Aug 22
CXW
Earnings call transcript
2022 Q1
5 May 22
CXW
Earnings call transcript
2021 Q4
10 Feb 22
CXW
Earnings call transcript
2021 Q3
9 Nov 21
Latest ownership filings
4
Patrick D. Swindle,
15 Mar 24
144
Notice of proposed sale of securities
12 Mar 24
4
Damon T Hininger
11 Mar 24
144
Notice of proposed sale of securities
8 Mar 24
4
Anthony L Grande
27 Feb 24
4
Patrick D. Swindle,
21 Feb 24
4
Lucibeth Mayberry
21 Feb 24
4
Damon T Hininger
21 Feb 24
4
DAVID GARFINKLE
21 Feb 24
4
David K Churchill
21 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 117.91 mm | 117.91 mm | 117.91 mm | 117.91 mm | 117.91 mm | 117.91 mm |
Cash burn (monthly) | (no burn) | 6.77 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 45.33 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 72.58 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 10.7 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
83.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 193 |
Opened positions | 19 |
Closed positions | 22 |
Increased positions | 54 |
Reduced positions | 70 |
13F shares | Current |
---|---|
Total value | 1.01 tn |
Total shares | 92.76 mm |
Total puts | 657.60 k |
Total calls | 596.50 k |
Total put/call ratio | 1.1 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 18.21 mm | $204.86 bn |
Vanguard | 12.42 mm | $139.71 bn |
River Road Asset Management | 9.06 mm | $101.95 bn |
FMR | 8.60 mm | $96.72 bn |
STT State Street | 4.12 mm | $46.41 bn |
Cooper Creek Partners Management | 3.30 mm | $36.96 bn |
Boston Partners | 2.91 mm | $33.34 bn |
Charles Schwab Investment Management | 2.58 mm | $28.99 bn |
Geode Capital Management | 2.32 mm | $26.11 bn |
Philadelphia Financial Management of San Francisco | 1.64 mm | $18.49 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
14 Mar 24 | Patrick D. Swindle, | Common Stock | Sell | Dispose S | No | No | 14.5958 | 15,000 | 218.94 k | 218,504 |
8 Mar 24 | Damon T Hininger | Common Stock | Sell | Dispose S | No | No | 14.62 | 50,525 | 738.68 k | 820,262 |
27 Feb 24 | Anthony L Grande | Common Stock | Other | Dispose J | No | No | 0 | 3,312 | 0.00 | 183,380 |
26 Feb 24 | Anthony L Grande | Common Stock | Sell | Dispose S | No | No | 14.5006 | 15,000 | 217.51 k | 186,692 |
15 Feb 24 | Lucibeth Mayberry | Common Stock | Grant | Acquire A | No | No | 0 | 37,921 | 0.00 | 246,228 |
15 Feb 24 | David K Churchill | Common Stock | Sell | Dispose S | No | No | 14.2529 | 30,000 | 427.59 k | 244,911 |
15 Feb 24 | David K Churchill | Common Stock | Grant | Acquire A | No | No | 0 | 36,166 | 0.00 | 274,911 |
News
Where CoreCivic Stands With Analysts
8 Apr 24
Wedbush Maintains Outperform on CoreCivic, Raises Price Target to $19
8 Apr 24
Northland Capital Markets Maintains Outperform on CoreCivic, Raises Price Target to $19
26 Mar 24
Wedbush Reiterates Outperform on CoreCivic, Maintains $18 Price Target
21 Mar 24
Supreme Court Upholds Texas Border Enforcement Law: Two Prison Stocks React
19 Mar 24
Press releases
CoreCivic Announces 2024 First Quarter Earnings Release and Conference Call Dates
8 Apr 24
CoreCivic to Redeem 8.250% Senior Notes Due 2026
15 Mar 24
CoreCivic Announces Closing of Offering of $500 Million of 8.250% Senior Notes Due 2029 and Expiration and Results of Tender Offer for 2026 Notes
12 Mar 24
CoreCivic Announces Upsizing and Pricing of $500 Million 8.25% Senior Notes Due 2029 | CXW Stock News
5 Mar 24
CoreCivic Announces Upsizing and Pricing of $500 Million 8.25% Senior Notes Due 2029
5 Mar 24