How to buy CoreCivic stock

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 12,415 staff and has a trailing 12-month revenue of around 0.00.

CoreCivic share price

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

CoreCivic shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$5.76 - $14.44
50-day moving average	$8.50
200-day moving average	$7.51
Wall St. target price	$15.30
PE ratio	17.6889
Dividend yield	$0.44 (5.5%)
Earnings per share (TTM)	$0.45

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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.

Technical Analysis of CoreCivic, Inc by TradingView

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.

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 18x. In other words, CoreCivic shares trade at around 18x 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 $398 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	$1.9 billion
Operating margin TTM	12.49%
Gross profit TTM	$512.9 million
Return on assets TTM	3.97%
Return on equity TTM	3.97%
Profit margin	2.84%
Book value	$11.62
Market capitalisation	$957.4 million

TTM: trailing 12 months

Shorting CoreCivic shares

There are currently 11.9 million CoreCivic shares held short by investors – that's known as CoreCivic's "short interest". This figure is 38.4% up from 8.6 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 2.9 million). CoreCivic's SIR currently stands at 4.02. In other words for every 100,000 CoreCivic shares traded daily on the market, roughly 4020 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 0.1% of the outstanding shares (for every 100,000 CoreCivic shares in existence, roughly 100 shares are currently held short) or 0.1371% of the tradable shares (for every 100,000 tradable CoreCivic shares, roughly 137 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

Dividend payout ratio: 97.78% of net profits

Recently CoreCivic has paid out, on average, around 97.78% 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 $0.44 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 14 April 2020. The latest dividend was paid out to all shareholders who bought their shares by 30 March 2020 (the "ex-dividend date").

Have CoreCivic's shares ever split?

CoreCivic's shares were split on a 2:1 basis on 8 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 $5.76 up to $14.44. 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 1.3977. This would suggest that CoreCivic's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

CoreCivic overview

CoreCivic, Inc. 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. Its correctional, detention, and residential reentry facilities offer rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. As of December 31, 2020, the company owned and operated 47 correctional and detention facilities, 27 residential reentry centers, and 15 properties for lease. The company was founded in 1983 and is based in Brentwood, Tennessee.

Frequently asked questions

• What percentage of CoreCivic is owned by insiders or institutions?

  Currently 1.266% of CoreCivic shares are held by insiders and 74.409% by institutions.

• How many people work for CoreCivic?

  Latest data suggests 12,415 work at CoreCivic.

• When does the fiscal year end for CoreCivic?

  CoreCivic's fiscal year ends in December.

• Where is CoreCivic based?

  CoreCivic's address is: 5501 Virginia Way, Brentwood, TN, United States, 37027

• What is CoreCivic's ISIN number?

  CoreCivic's international securities identification number is: US21871N1019

• What is CoreCivic's CUSIP number?

  CoreCivic's Committee on Uniform Securities Identification Procedures number is: 21871N101