Q2 Earnings Estimate for CoreCivic Issued By Noble Financial

CoreCivic, Inc. (NYSE:CXW) – Analysts at Noble Financial decreased their Q2 2026 earnings per share estimates for CoreCivic in a research report issued on Monday, May 11th. Noble Financial analyst J. Gomes now expects that the real estate investment trust will post earnings of $0.61 per share for the quarter, down from their previous forecast of $0.62. The consensus estimate for CoreCivic’s current full-year earnings is $2.62 per share. Noble Financial also issued estimates for CoreCivic’s Q3 2026 earnings at $0.68 EPS.

CoreCivic (NYSE:CXW) last posted 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). The firm had revenue of $614.73 million during the quarter, compared to analysts’ expectations of $604.48 million. CoreCivic had a return on equity of 9.29% and a net margin of 5.53%.CoreCivic’s quarterly revenue was up 25.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.45 earnings per share. CoreCivic has set its FY 2026 guidance at 2.580-2.680 EPS.

Several other brokerages have also recently issued reports on CXW. Benchmark began coverage on CoreCivic in a research note on Tuesday, March 24th. They issued a “buy” rating and a $28.00 price objective on the stock. Wall Street Zen cut CoreCivic from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, JonesTrading reissued a “buy” rating and issued a $30.00 price objective on shares of CoreCivic in a research note 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 stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $32.00.

CoreCivic Trading Down 1.4%

Shares of NYSE CXW opened at $19.61 on Wednesday. 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 business’s 50 day moving average price is $19.68 and its 200-day moving average price is $18.93. CoreCivic has a fifty-two week low of $15.73 and a fifty-two week high of $23.20. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 15.94 and a beta of 0.68.

Hedge Funds Weigh In On CoreCivic

A number of institutional investors have recently modified their holdings of CXW. Royal Bank of Canada raised its stake in shares of CoreCivic by 49.2% during the 1st quarter. Royal Bank of Canada now owns 59,523 shares of the real estate investment trust’s stock valued at $1,207,000 after buying an additional 19,630 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of CoreCivic by 69.8% in the 1st quarter. AQR Capital Management LLC now owns 28,120 shares of the real estate investment trust’s stock valued at $571,000 after purchasing an additional 11,557 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of CoreCivic by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,828 shares of the real estate investment trust’s stock valued at $1,315,000 after purchasing an additional 2,828 shares in the last quarter. Jones Financial Companies Lllp increased its stake in shares of CoreCivic by 3,884.2% in the 1st quarter. Jones Financial Companies Lllp now owns 18,885 shares of the real estate investment trust’s stock valued at $383,000 after purchasing an additional 18,411 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in CoreCivic by 2.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 220,467 shares of the real estate investment trust’s stock worth $4,473,000 after buying an additional 4,977 shares during the last quarter. Hedge funds and other institutional investors own 85.13% of the company’s stock.

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.