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How to buy CoreCivic stock | 7.64

Own CoreCivic stock in just a few minutes.

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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.

How to buy shares in CoreCivic

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for CoreCivic Find the stock by name or ticker symbol: CXW. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until CoreCivic reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$7.64, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of CoreCivic, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of CoreCivic. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted CoreCivic's share price?

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.

CoreCivic share price

Use our graph to track the performance of CXW stocks over time.

CoreCivic shares at a glance

Information last updated 2020-10-16.
Latest market closeUSD$7.64
52-week rangeUSD$7.68 - USD$17.84
50-day moving average USD$8.5849
200-day moving average USD$10.0768
Wall St. target priceUSD$15
PE ratio 6.5082
Dividend yield USD$1.76 (14.06%)
Earnings per share (TTM) USD$1.218

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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.

Is it a good time to buy CoreCivic stock?

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.

CoreCivic price performance over time

Historical closes compared with the close of $7.64 from 2020-10-19

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%

Is CoreCivic under- or over-valued?

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 P/E ratio

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 PEG ratio

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

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.

CoreCivic financials

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%
Profit margin 7.37%
Book value $11.551
Market capitalisation USD$937.3 million

TTM: trailing 12 months

Shorting CoreCivic shares

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)

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.

CoreCivic share dividends

73%

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").

Have CoreCivic's shares ever split?

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.

CoreCivic share price volatility

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".

CXW.US volatility(beta: 1.16)Avg. volatility(beta: 1.00)LowHigh

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).

CoreCivic overview

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.

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