Our top pick for
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our opinions or reviews. Learn how we make money.
CoreCivic, Inc is a reit—specialty business based in the US. CoreCivic shares (CXW) are listed on the NYSE and all prices are listed in US Dollars. CoreCivic employs 14,075 staff and has a trailing 12-month revenue of around USD$2 billion.
Since the stock market crash in March caused by coronavirus, CoreCivic's share price has had significant negative movement.
Its last market close was USD$7.64, which is 56.09% down on its pre-crash value of USD$17.4 and 9.03% down on the lowest point reached during the March crash when the shares fell as low as USD$8.33.
If you had bought USD$1,000 worth of CoreCivic shares at the start of February 2020, those shares would have been worth USD$543.97 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$476.05.
|Latest market close||USD$7.64|
|52-week range||USD$7.68 - USD$17.84|
|50-day moving average||USD$8.5849|
|200-day moving average||USD$10.0768|
|Wall St. target price||USD$15|
|Dividend yield||USD$1.76 (14.06%)|
|Earnings per share (TTM)||USD$1.218|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-10-13)||-1.04%|
|1 month (2020-09-18)||-10.85%|
|3 months (2020-07-20)||-13.48%|
|6 months (2020-04-20)||-33.10%|
|1 year (2019-10-18)||-50.16%|
|2 years (2018-10-19)||-67.29%|
|3 years (2017-10-20)||-70.75%|
|5 years (2015-10-20)||-74.53%|
Valuing CoreCivic stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of CoreCivic's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
CoreCivic's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, CoreCivic shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
CoreCivic's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.44. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into CoreCivic's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
CoreCivic's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$404.7 million.
The EBITDA is a measure of a CoreCivic's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2 billion|
|Operating margin TTM||12.58%|
|Gross profit TTM||USD$557.9 million|
|Return on assets TTM||3.98%|
|Return on equity TTM||10.5%|
|Market capitalisation||USD$937.3 million|
TTM: trailing 12 months
There are currently 2.0 million CoreCivic shares held short by investors – that's known as CoreCivic's "short interest". This figure is 12.5% down from 2.3 million last month.
There are a few different ways that this level of interest in shorting CoreCivic shares can be evaluated.
CoreCivic's "short interest ratio" (SIR) is the quantity of CoreCivic shares currently shorted divided by the average quantity of CoreCivic shares traded daily (recently around 1.4 million). CoreCivic's SIR currently stands at 1.44. In other words for every 100,000 CoreCivic shares traded daily on the market, roughly 1440 shares are currently held short.
However CoreCivic's short interest can also be evaluated against the total number of CoreCivic shares, or, against the total number of tradable CoreCivic shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case CoreCivic's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 CoreCivic shares in existence, roughly 20 shares are currently held short) or 0.0238% of the tradable shares (for every 100,000 tradable CoreCivic shares, roughly 24 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against CoreCivic.
Find out more about how you can short CoreCivic stock.
Dividend payout ratio: 72.66% of net profits
Recently CoreCivic has paid out, on average, around 72.66% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 14.06% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), CoreCivic shareholders could enjoy a 14.06% return on their shares, in the form of dividend payments. In CoreCivic's case, that would currently equate to about $1.76 per share.
CoreCivic's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
CoreCivic's most recent dividend payout was on 15 April 2020. The latest dividend was paid out to all shareholders who bought their shares by 31 March 2020 (the "ex-dividend date").
CoreCivic's shares were split on a 2:1 basis on 9 July 2007. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your CoreCivic shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for CoreCivic shares which in turn could have impacted CoreCivic's share price.
Over the last 12 months, CoreCivic's shares have ranged in value from as little as $7.68 up to $17.84. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while CoreCivic's is 1.1649. This would suggest that CoreCivic's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad 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. We are a publicly traded real estate investment trust (REIT) and the nation's largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 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.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.