CoreCivic (NYSE:CXW – Get Free Report) will likely be announcing its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect CoreCivic to post earnings of $0.3440 per share and revenue of $618.6340 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Thursday, August 6, 2026 at 11:00 AM ET.
CoreCivic Price Performance
Shares of NYSE:CXW opened at $30.34 on Wednesday. The company’s fifty day moving average is $27.71 and its two-hundred day moving average is $22.32. The company has a market cap of $3.00 billion, a P/E ratio of 24.89 and a beta of 0.57. CoreCivic has a 12-month low of $15.73 and a 12-month high of $32.69. The company has a quick ratio of 2.44, a current ratio of 2.44 and a debt-to-equity ratio of 0.99.
Analyst Ratings Changes
Several research analysts recently weighed in on the company. Northland Securities set a $40.00 price target on CoreCivic in a research report on Friday, June 26th. Benchmark boosted their price objective on shares of CoreCivic from $36.00 to $41.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Wall Street Zen upgraded shares of CoreCivic from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings raised shares of CoreCivic from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 1st. Finally, UBS Group set a $35.00 price objective on CoreCivic in a report on Tuesday, July 7th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $36.20.
Institutional Trading of CoreCivic
A number of institutional investors have recently added to or reduced their stakes in the business. Smartleaf Asset Management LLC increased its stake in shares of CoreCivic by 33.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 2,829 shares of the real estate investment trust’s stock worth $59,000 after purchasing an additional 702 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of CoreCivic in the 4th quarter valued at $71,000. Summit Securities Group LLC acquired a new stake in shares of CoreCivic in the 4th quarter valued at $137,000. Evergreen Capital Management LLC acquired a new stake in shares of CoreCivic in the 2nd quarter valued at $202,000. Finally, Osaic Holdings Inc. boosted its holdings in CoreCivic by 19.1% in the second quarter. Osaic Holdings Inc. now owns 10,102 shares of the real estate investment trust’s stock worth $213,000 after purchasing an additional 1,618 shares in the last quarter. 85.13% of the stock is currently owned by institutional investors and hedge funds.
About CoreCivic
CoreCivic, Inc (NYSE: CXW) is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.
CoreCivic’s portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.
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