Corrections Corporation of America Stock News

CoreCivic Inc. (NYSE:CXW) price on Friday, December 10, fall -1.63% below its previous days close as a downside momentum from buyers pushed the stocks value to $9.64. A look at the stocks price movement, the close in the last trading session was $9.80, moving within a range at $9.59 and $9.87. The beta value (5-Year CoreCivic Inc. (CXW) Has A Potential Gold Mine Read More »

Parametric Portfolio Associates LLC raised its stake in shares of CoreCivic, Inc. (NYSE:CXW) by 17.6% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 335,665 shares of the real estate investment trusts stock after buying an additional 50,226 shares during the period. Parametric Portfolio []

Farewell - or perhaps good riddance - to the Prison REIT sector. GEO Group announced last week that it's joining CoreCivic in abandoning the REIT structure, concluding a tumultuous 8-year run as REITs

New Residential Investment (NYSE:NRZ) and CoreCivic (NYSE:CXW) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their dividends, profitability, risk, earnings, analyst recommendations, institutional ownership and valuation. Insider & Institutional Ownership 48.7% of New Residential Investment shares are owned by institutional investors. Comparatively, [] The post New Residential Investment (NYSE:NRZ) versus CoreCivic (NYSE:CXW) Head to Head Review appeared first on ETF Daily News .

Wall Street brokerages predict that CoreCivic, Inc. (NYSE:CXW) will announce sales of $481.27 million for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for CoreCivics earnings, with estimates ranging from $474.00 million to $487.70 million. CoreCivic posted sales of $473.48 million in the same quarter last year, which suggests a positive []

The prison operator finally made a call about how it wants to structure its business. Investors weren't so pleased.

Louisiana State Employees Retirement System grew its stake in shares of CoreCivic, Inc. (NYSE:CXW) by 7.0% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 58,000 shares of the real estate investment trusts stock after purchasing an additional 3,800 shares during the period. Louisiana State Employees Retirement []

CoreCivic with ticker code (CXW) now have 2 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 15 and 10.85 calculating the average target price we see 12.93. With the stocks previous close at 11.3 this would indicate that there is a potential upside of 14.4%. The 50 day moving average now sits at 9.59 and the 200 day MA is 9.27. The market capitalisation for the company is $1,332m. Find out more information at: /> [stock_market_widget type="chart" symbol="CXW" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] CoreCivic owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America''s recidivism crisis, and government real estate solutions.

A researcher from The Maxwell School of Citizenship and Public Affairs at Syracuse University has published data at LA Progressive Newsletter detailing the vast sums of cash that private prison profiteers like GEO Group, CoreCivic, and Management and Training Corporation sunk into the 2020 campaign. While Masters of Public Administration graduate student Emma Peca notes candidates and entities from both major parties received donations from GEO Group, the vast majority went to Republicans. During the 2020 election cycle, GEO gave $818,100 to Republican candidates and affiliated PACs and organizations, and $46,978 to Democratic candidates and affiliated PACs and organizations. Transactional Records Access Clearinghouse (TRAC) at Syracuse Universitys Dr. Austin Kocher, a researcher working with Peca, pointed out the individual recipients of GEO Groups donations during the election season. No surprise who came out on top: How much money is private detention corporations like GEO Group funneling into election campaigns?

Price T Rowe Associates Inc. MD raised its holdings in shares of CoreCivic, Inc. (NYSE:CXW) by 153.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 114,779 shares of the real estate investment trusts stock after purchasing an additional 69,533 shares during the []

LPL Financial LLC raised its holdings in CoreCivic, Inc. (NYSE:CXW) by 19.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,177 shares of the real estate investment trusts stock after purchasing an additional 3,329 shares during the quarter. LPL Financial LLCs holdings []

CoreCivic Inc. (NYSE:CXW)s traded shares stood at 0.89 million during the last session, with the companys beta value hitting 1.16. At the close of trading, the stocks price was $11.59, to imply an increase of 2.39% or $0.27 in intraday trading. The CXW shares 52-week high remains $12.35, putting it -6.56% down since that peak CoreCivic Inc. (NYSE: CXW) Is Up 1.76% Over The Last Week, But Will It Continue To Climb? Read More »

I wish I could tell you I’m the Ted Williams or Ty Cobb of REITs with a remarkable record of excellence. But that's just not the case. See my worst REIT buys.

3 Of My Worst REIT Picks Ever (No. 3 Might Shock You)

In this week's newsletter, we take another look at a recent takeover arbitrage situation that has seen a second bid come into play.