17.93 0.00 (0.00%)
After hours: 4:17PM EDT
|Bid||17.89 x 1000|
|Ask||17.90 x 800|
|Day's Range||17.61 - 18.20|
|52 Week Range||17.16 - 26.09|
|Beta (3Y Monthly)||1.44|
|PE Ratio (TTM)||12.54|
|Earnings Date||Aug 6, 2019 - Aug 12, 2019|
|Forward Dividend & Yield||1.76 (9.68%)|
|1y Target Est||24.00|
A U.S. House committee said Thursday it will investigate for-profit immigrant detention center contractors including The GEO Group Inc (NYSE: GEO ) and Corecivic Inc (NYSE: CXW ). Representatives sent ...
Lawmakers in the U.S. House of Representatives said on Thursday they have sent letters seeking documents and information from three companies responsible for detaining illegal immigrants arrested by U.S. immigration agents. The House Oversight Committee and its House Subcommittee on Civil Rights and Civil Liberties sent letters to CoreCivic Inc , Geo Group Inc and DC Capital Partners LLC seeking information about the facilities they operate under contract from the U.S. government. "The committee is investigating the Trump administration's rapidly increasing use of for-profit contractors to detain tens of thousands of immigrants, including a troubling series of reports of health and safety," Representatives Elijah Cummings and Jamie Raskin wrote in the letters.
CoreCivic, Inc. is a US$2.4b mid-cap, real estate investment trust (REIT) based in Nashville, United States. REITs are...
SunTrust Banks Inc will stop financing operators of private prisons and immigration holding facilities, it said on Monday, becoming the latest lender to distance itself from a sector associated with the Trump administration's policies. In 2018 lenders including Bank of America Corp and Wells Fargo & Co raised roughly $1.8 billion in three deals for CoreCivic and GEO Group, according to Refinitiv data. Banks have been under pressure to cut ties with the private prison industry since U.S. President Donald Trump's restrictions on immigration raised concerns about detention center conditions.
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We at Insider Monkey have gone over 738 13F filings that hedge funds and famous value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st. In this article we look at what those investors think of CoreCivic, Inc. (NYSE:CXW). CoreCivic, Inc. (NYSE:CXW) […]
(down 7.2%), suffered their fates at the hands of political rhetoric as U.S. senator and 2020 presidential candidate Elizabeth Warren put forth her plan to "ban private prisons." This is not the first time a politician has made such a pledge, and in turn sent associated private correction stocks lower. Indeed, it was less than three years ago under then-President Barack Obama that the Department of Justice announced its Bureau of Prisons would stop using privately run correctional facilities.
(Bloomberg) -- Shares of private prisons GEO Group Inc. and CoreCivic Inc. took a hit Friday morning after presidential candidate Senator Elizabeth Warren tweeted about about her plan to terminate them.GEO slid as much as 5.8%, its biggest intraday loss since March, and CoreCivic retreated as much as 6%, the largest intraday decline this year.Warren, a Massachusetts Democrat, said in a tweet that “private prison companies have spent millions to turn our criminal and immigration policies into ones that prioritize making them rich instead of keeping us safe —with terrible consequences. Today I’m announcing my plan to end this private profiteering off of cruelty.”The plan calls for banning private prisons and detention facilities, stopping contractors from charging service fees for essential services, and expanding oversight. But with Republicans controlling the Senate, Warren will likely hit a wall with her proposal without some GOP support.Private prisons have been targeted by Warren in the past, when the senator said she was looking into the system’s approval process, saying the group accrediting operators appears to be a “conflicted party” that doesn’t hold facilities accountable.\--With assistance from Felice Maranz.To contact the reporter on this story: Carolina Wilson in New York City at firstname.lastname@example.orgTo contact the editors responsible for this story: Brad Olesen at email@example.com, Jennifer Bissell-Linsk, Catherine LarkinFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Corecivic Inc NYSE:CXWView full report here! Summary * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for CXW with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting CXW. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding CXW totaled $68.48 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Moody's Investors Service ("Moody's") assigned a Ba1 rating to CoreCivic, Inc.'s $1.25 billion senior secured credit facility consisting of a $800 million revolving credit facility due 2023, a $200 million term loan A due 2023 and a new $250 million term loan B due 2026. In the same rating action, Moody's assigned a corporate family rating of Ba1 and a speculative grade liquidity rating of SGL-2 to the REIT. Today's rating action reflects CoreCivic's strong credit metrics for its rating category and good liquidity profile.
Today we'll take a closer look at CoreCivic, Inc. (NYSE:CXW) from a dividend investor's perspective. Owning a strong...
The shift marks the arrival of another newcomer to Nashville's frenzied real estate market — and this one is traded on the London Stock Exchange, with offices in 71 countries worldwide.
CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it has entered into a new contract under an Intergovernmental Agreement between the City of Eden, Texas and the U.S. Marshals Service (USMS) to activate CoreCivic's currently idle 1,422-bed Eden Detention Center in Eden, Texas. The new agreement also permits Immigration and Customs Enforcement (ICE) to utilize capacity at the facility at any time in the future. USMS and ICE currently expect to utilize the total facility capacity under the new contract.
NASHVILLE, Tenn., May 16, 2019 -- CoreCivic, Inc. (NYSE: CXW) (the “Company") announced today that its Board of Directors declared a quarterly dividend of $0.44 per share to.
TJ Wilt is hustling to open co-working hubs around Greater Nashville, in his mission to grow his brand into the dominant source of that shared-office space regionwide. Wilt, the CEO of Nashville-based E|Spaces, revealed four upcoming locations in an interview with the Nashville Business Journal. An array of co-working brands have stormed into Nashville to feed off its robust job growth, population gains and the surge of companies that are relocating or expanding to the area.
CoreCivic, Inc. (CXW) (the “Company") released today its first-ever Environmental, Social and Governance (ESG) report, highlighting progress toward unprecedented commitments announced five years ago to improve inmate reentry programming and spotlight the need for a comprehensive national effort to combat recidivism. The 64-page document is an industry first and reviews the impact of CoreCivic’s operations on society and the environment, highlights its goals, and explains how the company uses commonly accepted ESG reporting standards to govern itself.
Bank of America will stop financing companies that providing prisoner and immigrant detention services for federal and state governments. A company spokesperson told Yahoo Finance it will do so “as expeditiously as possible." Yahoo Finance's Julie Hyman, Adam Shapiro and Dan Roberts along with Benchmark CEO Kevin Kelly discuss.