1 day Ago By ABMN Staff
StockNews.com downgraded shares of CoreCivic ( NYSE:CXW – Free Report ) from a buy rating to a hold rating in a research note issued to investors on Tuesday morning. CXW has been the topic of several other research reports.
Wedbush restated an “outperform” rating and set a $30.00 price target on shares of CoreCivic in a report on Tuesday, February 11th. Noble Financial upgraded CoreCivic from a “market perform” rating to an “outperform” rating in a report on Wednesday, February 12th.
Read Our Latest Research Report on CoreCivic CoreCivic Trading Up 2.6 % CoreCivic ( NYSE:CXW – Get Free Report ) last issued its quarterly earnings data on Monday, February 10th. The real estate investment trust reported $0.
39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.33 by $0.06.
CoreCivic had a return on equity of 5.97% and a net margin of 3.51%.
Equities research analysts predict that CoreCivic will post 1.5 EPS for the current fiscal year. Institutional Trading of CoreCivic Hedge funds and other institutional investors have recently bought and sold shares of the business.
Meeder Asset Management Inc. purchased a new stake in CoreCivic in the fourth quarter worth $43,000. Smartleaf Asset Management LLC increased its stake in CoreCivic by 318.
9% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,442 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 1,859 shares during the period. Copia Wealth Management purchased a new stake in CoreCivic in the fourth quarter worth $82,000.
Russell Investments Group Ltd. increased its stake in CoreCivic by 86,300.0% in the fourth quarter.
Russell Investments Group Ltd. now owns 4,320 shares of the real estate investment trust’s stock worth $94,000 after purchasing an additional 4,315 shares during the period. Finally, GAMMA Investing LLC increased its stake in CoreCivic by 25.
5% in the fourth quarter. GAMMA Investing LLC now owns 4,686 shares of the real estate investment trust’s stock worth $102,000 after purchasing an additional 953 shares during the period. Hedge funds and other institutional investors own 85.
13% of the company’s stock. About CoreCivic ( Get Free Report ) 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. See Also Receive News & Ratings for CoreCivic Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreCivic and related companies with MarketBeat.com's FREE daily email newsletter .
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