Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
6/11/2024 | $19.00 → $14.00 | Outperform → Neutral | Wedbush | |
10/19/2023 | $16.00 | Outperform | Northland Capital | |
10/2/2023 | $14.00 | Outperform | Northland Capital | |
11/29/2022 | $10.00 → $14.00 | Neutral → Outperform | Wedbush | |
4/14/2022 | $17.00 | Neutral → Outperform | Wedbush |
4 - CoreCivic, Inc. (0001070985) (Issuer)
4 - CoreCivic, Inc. (0001070985) (Issuer)
4 - CoreCivic, Inc. (0001070985) (Issuer)
Higher Occupancy and Cost Management Initiatives Drive PositiveQuarterly Financial Performance BRENTWOOD, Tenn., Aug. 07, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (CoreCivic or the Company) announced today its second quarter 2024 financial results. Financial Highlights – Second Quarter 2024 Total revenue of $490.1 million CoreCivic Safety revenue of $455.4 millionCoreCivic Community revenue of $30.3 millionCoreCivic Properties revenue of $4.4 million Net income of $19.0 million; Adjusted Net Income of $21.8 millionDiluted earnings per share of $0.17; Adjusted Diluted EPS of $0.20Normalized FFO per diluted share of $0.42, an increase of 27%Adjusted EBITDA of $83.9 million, a
The GEO Group, Inc. (NYSE:GEO) ("GEO"), a leading provider of support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the second quarter and first six months of 2024. Second Quarter 2024 Highlights Total revenues of $607.2 million Net Loss Attributable to GEO of $0.25 per diluted share, reflects costs associated with the extinguishment of debt of $82.3 million, pre-tax, in connection with the April 2024 debt refinancing Adjusted Net Income of $0.23 per diluted share Adjusted EBITDA of $119.3 million For th
The GEO Group (NYSE:GEO) ("GEO" or the "Company") announced today that it has extended its offers to exchange (the "Exchange Offer") (i) up to $650.0 million aggregate principal amount of registered 8.625% Senior Secured Notes due 2029 (the "Secured Exchange Notes") for any and all of its $650.0 million aggregate principal amount of unregistered 8.625% Senior Secured Notes due 2029 that were issued in a private placement on April 18, 2024 (the "Secured Original Notes"), and (ii) up to $625.0 million aggregate principal amount of registered 10.250% Senior Notes due 2031 (the "Unsecured Exchange Notes" and, together with the Secured Exchange Notes, the "Exchange Notes") for any and all of its
The GEO Group, Inc. (NYSE:GEO) ("GEO"), a leading provider of support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the second quarter and first six months of 2024. Second Quarter 2024 Highlights Total revenues of $607.2 million Net Loss Attributable to GEO of $0.25 per diluted share, reflects costs associated with the extinguishment of debt of $82.3 million, pre-tax, in connection with the April 2024 debt refinancing Adjusted Net Income of $0.23 per diluted share Adjusted EBITDA of $119.3 million For th
Earnings Release Scheduled for Wednesday, August 7, 2024 Before the Market Opens Conference Call Scheduled for Wednesday, August 7, 2024 at 11:00 AM (Eastern Time) The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2024 financial results on Wednesday, August 7, 2024 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Wednesday, August 7, 2024. Hosting the call for GEO will be George C. Zoley, Executive Chairman of the Board, Brian R. Evans, Chief Executive Officer, Mark Suchinski, Chief Financial Officer, Wayne Calabrese, President and Chief Operating Officer, and James Black, President, GEO Secure
BRENTWOOD, Tenn., July 01, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:CXW) (the Company) announced today that it will release its 2024 second quarter financial results after the market closes on Wednesday, August 7, 2024. 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 8, 2024. To participate via telephone and join the call live, please register in advance here https://register.vevent.com/register/BIdd7601382fc644b791a9a7cfbbe4f556. Upon registration, telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number and a unique passcode.
Wedbush downgraded CoreCivic from Outperform to Neutral and set a new price target of $14.00 from $19.00 previously
Northland Capital initiated coverage of CoreCivic with a rating of Outperform and set a new price target of $16.00
Northland Capital initiated coverage of Geo Group with a rating of Outperform and set a new price target of $14.00
4 - GEO GROUP INC (0000923796) (Issuer)
4 - GEO GROUP INC (0000923796) (Issuer)
The GEO Group, Inc. (NYSE:GEO) ("GEO" or the "Company") announced today the appointment of Mark J. Suchinski as Senior Vice President and Chief Financial Officer, effective July 8, 2024. Mr. Suchinski has served as Senior Vice President and Chief Financial Officer for Spirit AeroSystems since 2020. In this role, Mr. Suchinski has been responsible for the overall financial management of Spirit AeroSystems, its financial reporting and transparency, and multiple corporate functions including Treasury, Investor Relations, Strategy, and Mergers and Acquisitions. Mr. Suchinski joined Spirit AeroSystems in 2006 as the Controller for the Aerostructures Segment. He subsequently served in increasin
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
The GEO Group, Inc. (NYSE:GEO) ("GEO") announced today that GEO's Chairman, Chief Executive Officer and Founder, George C. Zoley, will transition to the position of Executive Chairman of GEO's Board of Directors under a new five-year employment agreement with subsequent automatic one-year renewals, and Jose Gordo will be appointed Chief Executive Officer effective July 1, 2021, reporting to Mr. Zoley. "The transition to Executive Chairman will allow me to focus on the strategic planning and execution of our company's future direction, while allowing Jose Gordo and our Senior Management Team to focus on day-to-day operations and the delivery of our services. We are pleased to have Mr. Gordo
8-K - GEO GROUP INC (0000923796) (Filer)
8-K - GEO GROUP INC (0000923796) (Filer)
144 - CoreCivic, Inc. (0001070985) (Subject)
SC 13G/A - GEO GROUP INC (0000923796) (Subject)
SC 13G/A - GEO GROUP INC (0000923796) (Subject)
SC 13G/A - CoreCivic, Inc. (0001070985) (Subject)
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. Here's the list of options activity happening in today's session: Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume AAL PUT TRADE BEARISH 07/26/24 $10.50 $795.0K 51.7K 16.8K UPS CALL SWEEP BEARISH 09/20/24 $130.00 $78
U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Monday. Shares of MicroStrategy Incorporated (NASDAQ:MSTR) rose sharply during Monday's session amid a rise Bitcoin. Bitcoin prices rose past the key $63,000 level on Monday. MicroStrategy shares jumped 11.5% to $1,556.89 during the session. Here are some other big stocks recording gains in today’s session. Trump Media & Technology Group Corp. (NASDAQ:DJT) shares jumped 32.8% to $41.03 following the attempted assassination of Donald Trump. The company's CEO Devin Nunes issued the following statement in response to the attempted assassination of President Donald J. Trump, “I offer my deepest sympath