Wedbush initiated coverage on CoreCivic with a new price target
$CXW
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Wedbush initiated coverage of CoreCivic with a rating of Neutral and set a new price target of $10.85
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/12/2025 | Market Perform → Outperform | Noble Capital Markets | |
| 12/10/2024 | $19.00 → $30.00 | Neutral → Outperform | Wedbush |
| 6/11/2024 | $19.00 → $14.00 | Outperform → Neutral | Wedbush |
| 10/19/2023 | $16.00 | Outperform | Northland Capital |
| 4/14/2022 | $17.00 | Neutral → Outperform | Wedbush |
Noble Capital Markets upgraded CoreCivic from Market Perform to Outperform
Wedbush upgraded CoreCivic from Neutral to Outperform and set a new price target of $30.00 from $19.00 previously
Wedbush downgraded CoreCivic from Outperform to Neutral and set a new price target of $14.00 from $19.00 previously
BRENTWOOD, Tenn., Aug. 18, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic" or "Company") announced today that CoreCivic's Board of Directors (the "Board") has appointed Patrick D. Swindle to President and Chief Executive Officer, effective January 1, 2026. This follows Mr. Swindle's appointment as President and Chief Operating Officer on January 1, 2025. Mr. Swindle will succeed Damon T. Hininger, who has served as Chief Executive Officer since August 17, 2009. In addition, effective January 1, 2026, Mr. Hininger will resign from CoreCivic's Board, and Mr. Swindle will be appointed to fill the vacancy. "We are excited to welcome Patrick as our new Chief Executive Office
BRENTWOOD, Tenn., Aug. 14, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic") announced today that it has been awarded a new contract under an intergovernmental services agreement (IGSA) between the City of Mason, Tennessee, and U.S. Immigration and Customs Enforcement (ICE) to resume operations at the Company's 600-bed West Tennessee Detention Facility, a facility that has been idle since September 2021. The IGSA expires in August 2030 and may be further extended through bilateral modification. The agreement provides for a fixed monthly payment plus an incremental per diem payment based on detainee populations. Total annual revenue once the facility is fully activated
Raises 2025 Full Year Guidance Increasing Demand Drives Strong Financial Performance BRENTWOOD, Tenn., Aug. 06, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (CoreCivic or the Company) announced today its second quarter 2025 financial results. Financial Highlights – Second Quarter 2025 Total revenue of $538.2 million, up 9.8% from the prior year quarterNet income of $38.5 million, up 103.4% from the prior year quarterDiluted earnings per share of $0.35, up 105.9% from the prior year quarterAdjusted diluted earnings per share of $0.36, up 80.0% from the prior year quarterNormalized FFO per diluted share of $0.59, up 40.5% from the prior year quarterAdjusted EBITDA of $103.3 mill
8-K - CoreCivic, Inc. (0001070985) (Filer)
10-Q - CoreCivic, Inc. (0001070985) (Filer)
8-K - CoreCivic, Inc. (0001070985) (Filer)
4 - CoreCivic, Inc. (0001070985) (Issuer)
4 - CoreCivic, Inc. (0001070985) (Issuer)
4 - CoreCivic, Inc. (0001070985) (Issuer)
Raises 2025 Full Year Guidance Increasing Demand Drives Strong Financial Performance BRENTWOOD, Tenn., Aug. 06, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (CoreCivic or the Company) announced today its second quarter 2025 financial results. Financial Highlights – Second Quarter 2025 Total revenue of $538.2 million, up 9.8% from the prior year quarterNet income of $38.5 million, up 103.4% from the prior year quarterDiluted earnings per share of $0.35, up 105.9% from the prior year quarterAdjusted diluted earnings per share of $0.36, up 80.0% from the prior year quarterNormalized FFO per diluted share of $0.59, up 40.5% from the prior year quarterAdjusted EBITDA of $103.3 mill
BRENTWOOD, Tenn., July 10, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (the Company) announced today that it will release its 2025 second quarter financial results after the market closes on Wednesday, August 6, 2025. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, August 7, 2025. To participate via telephone and join the call live, please register in advance here https://register-conf.media-server.com/register/BI826b7187965c436ca353a3af4a956fed. Upon registration, telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number and a unique
BRENTWOOD, Tenn. , May 07, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (CoreCivic or the Company) announced today its first quarter 2025 financial results. Financial Highlights – First Quarter 2025 Total revenue of $488.6 millionNet income of $25.1 millionDiluted earnings per share of $0.23FFO per diluted share of $0.45EBITDA of $81.0 millionRepurchased 1.9 million shares of our common stock at an aggregate cost of $37.9 million Damon T. Hininger, CoreCivic's Chief Executive Officer, commented, "2025 is off to a strong start for CoreCivic. First quarter occupancy in CoreCivic facilities reached 77.0% of available capacity, an increase from 75.2% in the
BRENTWOOD, Tenn., Aug. 18, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) ("CoreCivic" or "Company") announced today that CoreCivic's Board of Directors (the "Board") has appointed Patrick D. Swindle to President and Chief Executive Officer, effective January 1, 2026. This follows Mr. Swindle's appointment as President and Chief Operating Officer on January 1, 2025. Mr. Swindle will succeed Damon T. Hininger, who has served as Chief Executive Officer since August 17, 2009. In addition, effective January 1, 2026, Mr. Hininger will resign from CoreCivic's Board, and Mr. Swindle will be appointed to fill the vacancy. "We are excited to welcome Patrick as our new Chief Executive Office
BRENTWOOD, Tenn., March 07, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (CoreCivic or the Company) announced today that, effective March 17, 2025, Dawn Smith, Stacey Tank, and Nina Tran will be appointed as independent members of the Company's Board of Directors (the Board), expanding the Board from eleven to fourteen directors, thirteen of whom have been determined by the Board to be independent. CoreCivic's new board members are expected to join various board committees in the future. Additionally, on March 7, 2025, Robert Dennis notified the Company of his intent not to stand for re-election as a member of the Board at the Company's 2025 Annual Meeting of Stockholders (the Annu
BRENTWOOD, Tenn., March 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (the Company) announced today that, effective March 15, 2024, Catherine Hernandez-Blades and Alexander R. Fischer will be appointed as independent members of the Company's Board of Directors, expanding the board from ten to twelve directors, ten of whom have been determined by the board to be independent. The company also announced today that Donna M. Alvarado, who has served on CoreCivic's Board of Directors since 2003, will retire from the Board in accordance with the Company's retirement policy after the company's 2024 Annual Meeting of Shareholders, bringing the number of board members at that point to elev
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