Research Analysts Set Expectations for CoreCivic Q1 Earnings

CoreCivic, Inc. (NYSE:CXW) – Research analysts at Noble Financial upped their Q1 2026 earnings per share estimates for CoreCivic in a note issued to investors on Tuesday, February 17th. Noble Financial analyst J. Gomes now forecasts that the real estate investment trust will post earnings of $0.55 per share for the quarter, up from their previous estimate of $0.53. The consensus estimate for CoreCivic’s current full-year earnings is $1.50 per share. Noble Financial also issued estimates for CoreCivic’s Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.69 EPS, Q4 2026 earnings at $0.69 EPS, FY2026 earnings at $2.54 EPS and FY2027 earnings at $2.73 EPS.

CoreCivic (NYSE:CXW) last issued its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.09. CoreCivic had a return on equity of 8.17% and a net margin of 5.27%.The business had revenue of $603.95 million for the quarter, compared to analysts’ expectations of $585.12 million. During the same quarter in the prior year, the firm posted $0.39 EPS. The firm’s quarterly revenue was up 26.0% on a year-over-year basis.

Several other brokerages have also recently commented on CXW. Wall Street Zen raised shares of CoreCivic from a “hold” rating to a “buy” rating in a research note on Saturday. JonesTrading reissued a “buy” rating and issued a $30.00 price target on shares of CoreCivic in a report on Friday, February 13th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

CoreCivic Trading Down 1.2%

Shares of CXW opened at $18.70 on Wednesday. CoreCivic has a twelve month low of $15.95 and a twelve month high of $23.54. The stock has a market cap of $1.96 billion, a PE ratio of 17.31 and a beta of 0.71. The company has a quick ratio of 1.41, a current ratio of 1.66 and a debt-to-equity ratio of 0.86. The business’s 50-day moving average price is $19.17 and its 200-day moving average price is $19.20.

Hedge Funds Weigh In On CoreCivic

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. purchased a new stake in shares of CoreCivic during the 2nd quarter valued at $25,000. NBC Securities Inc. increased its stake in CoreCivic by 533.9% in the fourth quarter. NBC Securities Inc. now owns 1,458 shares of the real estate investment trust’s stock valued at $28,000 after acquiring an additional 1,228 shares during the last quarter. Covestor Ltd raised its position 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 purchasing an additional 1,891 shares in the last quarter. CWM LLC raised its position in CoreCivic by 80.1% during the second quarter. CWM LLC now owns 2,186 shares of the real estate investment trust’s stock valued at $46,000 after purchasing an additional 972 shares in the last quarter. Finally, Leonteq Securities AG bought a new stake in CoreCivic during the fourth quarter worth about $57,000. Hedge funds and other institutional investors own 85.13% of the company’s stock.

CoreCivic declared that its board has initiated a share repurchase program on Monday, November 10th that permits the company to repurchase $200.00 million in shares. This repurchase authorization permits the real estate investment trust to repurchase up to 10.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

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.