CoreCivic FY2025 EPS Forecast Lowered by Noble Financial

CoreCivic, Inc. (NYSE:CXW) – Equities research analysts at Noble Financial cut their FY2025 earnings estimates for shares of CoreCivic in a note issued to investors on Friday, January 16th. Noble Financial analyst J. Gomes now expects that the real estate investment trust will post earnings of $1.93 per share for the year, down from their previous forecast of $2.04. The consensus estimate for CoreCivic’s current full-year earnings is $1.50 per share. Noble Financial also issued estimates for CoreCivic’s Q1 2026 earnings at $0.53 EPS, Q2 2026 earnings at $0.60 EPS, Q3 2026 earnings at $0.68 EPS and Q4 2026 earnings at $0.64 EPS.

CoreCivic (NYSE:CXW) last announced its quarterly earnings data on Wednesday, November 5th. The real estate investment trust reported $0.48 earnings per share for the quarter, meeting the consensus estimate of $0.48. The business had revenue of $580.44 million for the quarter, compared to analyst estimates of $544.38 million. CoreCivic had a net margin of 5.24% and a return on equity of 7.38%. CoreCivic’s revenue was up 18.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 earnings per share. CoreCivic has set its FY 2025 guidance at 1.940-2.000 EPS.

CXW has been the subject of several other reports. Weiss Ratings restated a “hold (c+)” rating on shares of CoreCivic in a research report on Wednesday, October 8th. Jones Trading reissued a “buy” rating and set a $30.00 price objective on shares of CoreCivic in a research note on Friday, November 7th. Finally, Wall Street Zen downgraded shares of CoreCivic from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $34.00.

CoreCivic Stock Up 0.8%

Shares of CoreCivic stock opened at $20.18 on Monday. The business has a fifty day simple moving average of $18.68 and a 200 day simple moving average of $19.49. The stock has a market cap of $2.11 billion, a PE ratio of 20.38 and a beta of 0.69. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.70. CoreCivic has a 12 month low of $15.95 and a 12 month high of $23.85.

CoreCivic declared that its Board of Directors has approved a share buyback program on Monday, November 10th that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

Institutional Investors Weigh In On CoreCivic

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in CoreCivic during the third quarter worth about $1,195,000. Quantbot Technologies LP grew its stake in shares of CoreCivic by 1,004.1% in the second quarter. Quantbot Technologies LP now owns 146,406 shares of the real estate investment trust’s stock valued at $3,085,000 after acquiring an additional 133,146 shares in the last quarter. Y Intercept Hong Kong Ltd increased its holdings in shares of CoreCivic by 130.7% during the second quarter. Y Intercept Hong Kong Ltd now owns 76,604 shares of the real estate investment trust’s stock worth $1,614,000 after purchasing an additional 43,398 shares during the period. Fluent Financial LLC bought a new stake in shares of CoreCivic in the second quarter valued at approximately $974,000. Finally, GAMMA Investing LLC grew its position in CoreCivic by 9.9% during the second quarter. GAMMA Investing LLC now owns 5,667 shares of the real estate investment trust’s stock worth $119,000 after buying an additional 511 shares in the last quarter. 85.13% of the stock is currently owned by institutional investors and hedge funds.

CoreCivic Company Profile

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.