CoreCivic (CXW) Set to Release Earnings on Wednesday

CoreCivic (NYSE:CXW) will likely be announcing its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to post earnings of $15.35 per share and revenue of $698.93 million for the quarter. CoreCivic has set its FY 2026 guidance at 2.610-2.700 EPS. Individuals may review the information on the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Thursday, November 5, 2026 at 11:00 AM ET.

CoreCivic (NYSE:CXW) last posted its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.04. The company had revenue of $684.92 million during the quarter, compared to analysts’ expectations of $618.63 million. During the same quarter in the previous year, the company earned $0.59 EPS. The business’s quarterly revenue was up 27.3% on a year-over-year basis. On average, analysts expect CoreCivic to post $2.69 EPS for the current fiscal year and $3.62 EPS for the next fiscal year.

CoreCivic Price Performance

CoreCivic stock opened at $30.76 on Wednesday. The business’s fifty day simple moving average is $32.82 and its two-hundred day simple moving average is $25.57. CoreCivic has a 12 month low of $15.73 and a 12 month high of $36.55.

CoreCivic announced that its board has authorized a share repurchase plan on Monday, August 10th that permits the company to repurchase $500 million in shares. This buyback authorization permits the real estate investment trust to reacquire up to 15.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on CXW shares. JonesTrading reiterated a “buy” rating and set a $42.00 price target on shares of CoreCivic in a report on Friday, September 18th. UBS Group set a $35.00 target price on CoreCivic in a research report on Tuesday, July 7th. Weiss Ratings upgraded shares of CoreCivic from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, October 13th. TD Cowen reaffirmed a “hold” rating on shares of CoreCivic in a report on Friday. Finally, Benchmark raised their price target on shares of CoreCivic from $41.00 to $45.00 and gave the company a “buy” rating in a report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, CoreCivic has an average rating of “Moderate Buy” and an average price target of $39.40.

Insiders Place Their Bets

In other news, EVP Anthony Grande sold 29,199 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $33.61, for a total value of $981,378.39. Following the transaction, the executive vice president owned 164,782 shares in the company, valued at $5,538,323.02. This represents a 15.05% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO David Garfinkle sold 50,000 shares of CoreCivic stock in a transaction on Monday, August 17th. The stock was sold at an average price of $33.76, for a total transaction of $1,688,000.00. Following the transaction, the chief financial officer owned 343,353 shares in the company, valued at $11,591,597.28. This represents a 12.71% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 459,287 shares of company stock valued at $15,431,193. 1.76% of the stock is currently owned by company insiders.

CoreCivic Company Profile

CoreCivic, Inc is a diversified government solutions company that owns, manages and develops correctional and detention facilities in the United States. The company provides detention and corrections services to federal, state and local government agencies, primarily under contracts that call for the housing and care of individuals in custody.

In addition to secure facilities, CoreCivic operates residential reentry centers and provides community-based services designed to support individuals transitioning from incarceration.