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)
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
424B5
Prospectus supplement for primary offering
4 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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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 | 40.33 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 77.59 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 11.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
82.4% 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
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
CoreCivic Prices Upsized Offering Of $500M 8.25% Senior Notes Due 2029
6 Mar 24
Wedbush Maintains Outperform Rating for CoreCivic: Here's What You Need To Know
9 Feb 24
Press releases
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
CoreCivic, Inc. Announces Cash Tender Offer for Any and All of Its Outstanding 8.25% Senior Notes Due 2026
4 Mar 24