CoreCivic (NYSE:CXW) Hits New 52-Week High – Here’s Why

Posted by Brenda Bartman on Sep 4th, 2026

CoreCivic, Inc. (NYSE:CXW – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $34.86 and last traded at $34.72, with a volume of 1038307 shares. The stock had previously closed at $33.66.

Wall Street Analysts Forecast Growth

Several research firms have commented on CXW. Noble Financial restated an “outperform” rating on shares of CoreCivic in a research note on Monday, August 10th. Wall Street Zen upgraded CoreCivic from a “hold” rating to a “buy” rating in a report on Monday, August 10th. Weiss Ratings raised CoreCivic from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, July 1st. Benchmark upped their price target on CoreCivic from $41.00 to $45.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, JonesTrading reiterated a “buy” rating and issued a $30.00 price objective on shares of CoreCivic in a research note on Wednesday, August 5th. Four equities research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $37.00.

Check Out Our Latest Analysis on CoreCivic

CoreCivic Stock Up 3.1%

The company has a debt-to-equity ratio of 0.86, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market cap of $3.43 billion, a price-to-earnings ratio of 27.78 and a beta of 0.60. The firm’s 50 day simple moving average is $31.81 and its 200-day simple moving average is $24.84.

CoreCivic (NYSE:CXW – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.38 EPS for the quarter, topping the consensus estimate of $0.34 by $0.04. The company had revenue of $684.92 million for the quarter, compared to analyst estimates of $618.63 million. CoreCivic had a return on equity of 9.22% and a net margin of 5.15%.The firm’s revenue was up 27.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.59 earnings per share. CoreCivic has set its FY 2026 guidance at 2.610-2.700 EPS. As a group, sell-side analysts anticipate that CoreCivic, Inc. will post 2.69 earnings per share for the current year.

CoreCivic announced that its board has approved a stock buyback program on Monday, August 10th that permits the company to repurchase $500.00 million in shares. This repurchase authorization permits the real estate investment trust to buy up to 15.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In other news, EVP Anthony Grande sold 12,564 shares of the company’s stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $33.85, for a total transaction of $425,291.40. Following the transaction, the executive vice president directly owned 144,782 shares of the company’s stock, valued at $4,900,870.70. This represents a 7.98% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Emkes sold 30,000 shares of the firm’s stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $34.25, for a total value of $1,027,500.00. Following the completion of the transaction, the director directly owned 141,274 shares of the company’s stock, valued at $4,838,634.50. The trade was a 17.52% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 439,287 shares of company stock valued at $14,734,193 over the last 90 days. 1.76% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On CoreCivic

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

About CoreCivic

(Get Free Report)

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.