|Bid||16.18 x 900|
|Ask||16.19 x 800|
|Day's Range||16.05 - 16.39|
|52 Week Range||14.68 - 24.38|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||10.27|
|Earnings Date||Feb 16, 2020 - Feb 20, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.00|
If you own shares in CoreCivic, Inc. (NYSE:CXW) then it's worth thinking about how it contributes to the volatility of...
NASHVILLE, Tenn., Jan. 23, 2020 -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today the tax allocations of its 2019 dividend distributions. For common.
CoreCivic, Inc. (CXW) (the “Company”) announced today that it has entered into a new contract with the Mississippi Department of Corrections to immediately house up to 375 of the State's inmates at the Company’s 2,672-bed Tallahatchie County Correctional Facility in Tutwiler, Mississippi. The new management contract commenced on January 8, 2020, and has an initial term of ninety days, which may be extended for up to two additional ninety-day terms upon mutual agreement. The contract allows the State to utilize additional beds at the facility based on their evolving needs and available capacity.
CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today that it has completed the acquisition of a portfolio of 28 properties, 24 of which the counter-party contributed to a newly formed partnership of the Company's, for total consideration of $83.2 million, excluding transaction-related expenses. All of the properties are leased to the federal government through the General Services Administration (GSA).
CoreCivic, Inc. (CXW) (the Company) announced today that it entered into a new $250.0 million Senior Secured Term Loan B (Term Loan). The new Term Loan bears interest at a rate of LIBOR plus 4.50%, with a 1.00% LIBOR floor, and has a five year maturity. The Term Loan will be secured by a first lien on certain specified real property assets of the Company, representing a loan-to-value of no greater than 80%.
NASHVILLE, Tenn., Dec. 12, 2019 -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today that its Board of Directors declared a quarterly dividend of $0.44 per share to.
Moody's Investors Service ("Moody's") assigned a Ba1 rating to CoreCivic, Inc.'s proposed $250 million senior secured term loan, currently being marketed. Proceeds from the proposed $250 million 5-year senior secured term loan B will be used to repay amounts outstanding under the company's existing $325 million 4.125% senior notes due in April 2020. The new term loan will be secured by a first priority lien on a small, select pool of real estate assets that have active management contracts with US state government partners.
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Our research shows that most of the stocks that smart money likes historically generate strong […]
CoreCivic, Inc. (CXW) (the “Company") announced today that it will redeem all of its outstanding $325.0 million in aggregate principal amount of 4.125% senior notes due 2020 (the “Notes”), on January 1, 2020 (the “Redemption Date”), at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to but excluding the Redemption Date. Since the Redemption Date is not a business day, the redemption price will be paid on the next succeeding business day, January 2, 2020. On and after the Redemption Date, interest will cease to accrue on the Notes and the Notes will cease to be outstanding.
NASHVILLE, Tenn., Nov. 06, 2019 -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today its financial results for the third quarter of 2019. Highlights of Third Quarter.
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
NASHVILLE, Tenn., Oct. 22, 2019 -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2019 third quarter financial results after the market.
Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the nearly unlimited research abilities of […]
California moved to end the use of private, for-profit lockups in America's largest state prison system as well as in federal immigration detention centers in the state under a measure signed into law on Friday by Governor Gavin Newsom. The new law bars the California Department of Corrections and Rehabilitation from entering into or renewing a contract with a private company to run a state prison after Jan. 1, 2020, unless needed to meet court-ordered inmate housing limits. It will ban California from incarcerating anyone in privately run facilities altogether from 2028.
America's largest state prison system is moving to quit the practice of farming out inmates to lockups run under contract by private companies, following a nationwide decline in the for-profit incarceration business. California Governor Gavin Newsom is expected to sign legislation this week designed to effectively ban private, for-profit corporations from running prisons or immigration detention facilities. Sponsors of the measure say it will end a brief but hapless experiment in privately outsourced incarceration begun as a means to ease overcrowding - an endeavor Newsom branded an outrage when he took office in January.
Readers hoping to buy CoreCivic, Inc. (NYSE:CXW) for its dividend will need to make their move shortly, as the stock...
NASHVILLE, Tenn., Sept. 03, 2019 -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today that it has entered into a new contract under an Intergovernmental Agreement.