Equities Analysts Issue Forecasts for CoreCivic Q1 Earnings

CoreCivic, Inc. (NYSE:CXW) – Research analysts at Zacks Research issued their Q1 2026 earnings per share estimates for shares of CoreCivic in a research note issued on Tuesday, February 17th. Zacks Research analyst M. Marin forecasts that the real estate investment trust will earn $0.56 per share for the quarter. The consensus estimate for CoreCivic’s current full-year earnings is $1.50 per share. Zacks Research also issued estimates for CoreCivic’s Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.67 EPS, Q4 2026 earnings at $0.68 EPS and FY2026 earnings at $2.54 EPS.

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

Other equities analysts also recently issued research reports about the company. JonesTrading reissued a “buy” rating and set a $30.00 price target on shares of CoreCivic in a research report on Friday, February 13th. Wall Street Zen raised CoreCivic from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $34.00.

CoreCivic Stock Performance

Shares of CXW opened at $18.55 on Thursday. The company has a market cap of $1.94 billion, a PE ratio of 17.17 and a beta of 0.71. The firm has a 50-day moving average of $19.17 and a 200-day moving average of $19.20. CoreCivic has a one year low of $15.95 and a one year high of $23.54. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.66 and a quick ratio of 1.41.

Institutional Trading of CoreCivic

Several hedge funds and other institutional investors have recently bought and sold shares of CXW. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of CoreCivic during the 3rd quarter worth approximately $1,195,000. Y Intercept Hong Kong Ltd lifted its position in shares of CoreCivic by 126.3% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 173,354 shares of the real estate investment trust’s stock worth $3,528,000 after buying an additional 96,750 shares during the last quarter. Quantbot Technologies LP boosted its stake in CoreCivic by 1,004.1% in the second quarter. Quantbot Technologies LP now owns 146,406 shares of the real estate investment trust’s stock valued at $3,085,000 after buying an additional 133,146 shares in the last quarter. SG Americas Securities LLC boosted its stake in CoreCivic by 1,602.8% in the third quarter. SG Americas Securities LLC now owns 229,584 shares of the real estate investment trust’s stock valued at $4,672,000 after buying an additional 216,101 shares in the last quarter. Finally, Allianz Asset Management GmbH grew its position in CoreCivic by 13.8% in the third quarter. Allianz Asset Management GmbH now owns 1,856,230 shares of the real estate investment trust’s stock valued at $37,774,000 after acquiring an additional 224,747 shares during the last quarter. Institutional investors and hedge funds own 85.13% of the company’s stock.

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

About CoreCivic

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.