CoreCivic FY2026 EPS Estimate Boosted by Noble Financial

CoreCivic, Inc. (NYSE:CXW) – Equities researchers at Noble Financial upped their FY2026 EPS estimates for CoreCivic in a research report issued on Monday, May 11th. Noble Financial analyst J. Gomes now anticipates that the real estate investment trust will post earnings per share of $2.64 for the year, up from their previous forecast of $2.54. The consensus estimate for CoreCivic’s current full-year earnings is $2.60 per share. Noble Financial also issued estimates for CoreCivic’s Q4 2026 earnings at $0.71 EPS.

Other analysts have also issued research reports about the company. Benchmark started coverage on CoreCivic in a report on Tuesday, March 24th. They issued a “buy” rating and a $28.00 price target for the company. Wall Street Zen lowered CoreCivic from a “buy” rating to a “hold” rating in a report on Saturday. Finally, JonesTrading reiterated a “buy” rating and issued a $30.00 price target on shares of CoreCivic in a report on Friday, February 13th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $32.00.

CoreCivic Stock Down 2.1%

Shares of NYSE CXW opened at $19.91 on Tuesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.44 and a current ratio of 2.44. The firm has a market capitalization of $1.97 billion, a price-to-earnings ratio of 16.19 and a beta of 0.68. The stock has a 50 day moving average price of $19.64 and a 200 day moving average price of $18.92. CoreCivic has a 52-week low of $15.73 and a 52-week high of $23.20.

CoreCivic (NYSE:CXW) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.56 by ($0.16). CoreCivic had a return on equity of 9.29% and a net margin of 5.53%.The company had revenue of $614.73 million for the quarter, compared to analysts’ expectations of $604.48 million. During the same period last year, the business posted $0.45 earnings per share. The business’s revenue was up 25.8% compared to the same quarter last year. CoreCivic has set its FY 2026 guidance at 2.580-2.680 EPS.

Hedge Funds Weigh In On CoreCivic

Institutional investors have recently bought and sold shares of the business. NBC Securities Inc. increased its holdings in CoreCivic by 533.9% during the fourth quarter. NBC Securities Inc. now owns 1,458 shares of the real estate investment trust’s stock valued at $28,000 after buying an additional 1,228 shares during the period. Covestor Ltd increased its holdings in CoreCivic by 31,516.7% during the third quarter. Covestor Ltd now owns 1,897 shares of the real estate investment trust’s stock valued at $39,000 after buying an additional 1,891 shares during the period. Smartleaf Asset Management LLC increased its holdings in CoreCivic by 33.0% during the second quarter. Smartleaf Asset Management LLC now owns 2,829 shares of the real estate investment trust’s stock valued at $59,000 after buying an additional 702 shares during the period. Leonteq Securities AG purchased a new position in CoreCivic during the fourth quarter valued at approximately $57,000. Finally, Fifth Third Bancorp increased its holdings in CoreCivic by 320.7% during the fourth quarter. Fifth Third Bancorp now owns 3,340 shares of the real estate investment trust’s stock valued at $64,000 after buying an additional 2,546 shares during the period. 85.13% of the stock is owned by hedge funds and other institutional investors.

CoreCivic Company Profile

CoreCivic, Inc (NYSE: CXW) is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.

CoreCivic’s portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.