CoreCivic is a diversified, government-solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. CoreCivic provides a broad range of solutions to government partners that serve the public good through high-quality corrections and detention management, a network of residential and non-residential alternatives to incarceration to help address America's recidivism crisis, and government real estate solutions. The company is the nation's largest owner of partnership correctional, detention and residential reentry facilities, and believe the company is the largest private owner of real estate used by U.S. government agencies. CoreCivic has been a flexible and dependable partner for government for more than 35 years. Its employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.
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
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
15 May 23
10-Q
2023 Q1
Quarterly report
4 May 23
8-K
Corecivic Reports First Quarter 2023 Financial Results
4 May 23
ARS
2022 FY
Annual report to shareholders
28 Mar 23
DEFA14A
Additional proxy soliciting materials
28 Mar 23
DEF 14A
Definitive proxy
28 Mar 23
10-K
2022 FY
Annual report
21 Feb 23
8-K
Corecivic Reports Fourth Quarterand Full Year 2022 Financial Results
9 Feb 23
8-K
Other Events
22 Dec 22
8-K
Other Events
16 Dec 22
Transcripts
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
CXW
Earnings call transcript
2021 Q2
10 Aug 21
CXW
Earnings call transcript
2021 Q1
6 May 21
CXW
Earnings call transcript
2020 Q4
11 Feb 21
Latest ownership filings
Financial summary
| Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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| Diluted EPS |
| Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| 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) | 65.18 mm | 65.18 mm | 65.18 mm | 65.18 mm | 65.18 mm | 65.18 mm |
| Cash burn (monthly) | 32.33 mm | 27.11 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 75.24 mm | 63.10 mm | n/a | n/a | n/a | n/a |
| Cash remaining | -10.06 mm | 2.08 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | -0.3 | 0.1 | n/a | n/a | n/a | n/a |
Institutional ownership, Q4 2022
82.8% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 209 |
| Opened positions | 35 |
| Closed positions | 30 |
| Increased positions | 52 |
| Reduced positions | 78 |
| 13F shares | Current |
|---|---|
| Total value | 1.04 tn |
| Total shares | 94.06 mm |
| Total puts | 982.30 k |
| Total calls | 1.62 mm |
| Total put/call ratio | 0.6 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 18.74 mm | $216.63 bn |
| Vanguard | 13.17 mm | $152.20 bn |
| FMR | 10.58 mm | $122.30 bn |
| River Road Asset Management | 8.59 mm | $99.29 bn |
| STT State Street | 4.27 mm | $49.31 bn |
| Geode Capital Management | 2.34 mm | $26.85 bn |
| Boston Partners | 1.74 mm | $19.80 bn |
| LSV Asset Management | 1.60 mm | $18.55 mm |
| Philadelphia Financial Management of San Francisco | 1.60 mm | $18.49 bn |
| Citadel Advisors | 1.48 mm | $17.06 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 20 Mar 23 | Anthony L Grande | Common Stock | Other | Dispose J | No | No | 0 | 6,778 | 0.00 | 200,472 |
| 3 Mar 23 | Marshall Thurgood JR | Common Stock | Sell | Dispose S | No | No | 9.9 | 17,153 | 169.81 k | 37,678 |
| 2 Mar 23 | Patrick D. Swindle, | Common Stock | Sell | Dispose S | No | No | 9.59 | 35,000 | 335.65 k | 202,695 |
| 21 Feb 23 | David K Churchill | Common Stock | Payment of exercise | Dispose F | No | No | 10.5 | 19,028 | 199.79 k | 238,745 |
| 21 Feb 23 | David K Churchill | Common Stock | Grant | Acquire A | No | No | 0 | 25,224 | 0.00 | 257,773 |
| 21 Feb 23 | Cole G. Carter, | Common Stock | Payment of exercise | Dispose F | No | No | 10.5 | 21,152 | 222.10 k | 241,162 |
| 21 Feb 23 | Cole G. Carter, | Common Stock | Grant | Acquire A | No | No | 0 | 27,293 | 0.00 | 262,314 |
News
Wedbush Maintains Outperform on CoreCivic, Lowers Price Target to $10.5
8 May 23
Stocks That Hit 52-Week Lows On Thursday
4 May 23
Stocks That Hit 52-Week Lows On Wednesday
26 Apr 23
CoreCivic Receives Lease Termination Notice For The North Fork Correctional Facility From The State Of Oklahoma
25 Apr 23
Can Prison Stocks Break The Shackles And Rally Amid Trump's Potential Arrest This Tuesday?
19 Mar 23