FY2026 EPS Estimates for CoreCivic Lifted by Noble Financial

Posted by Stanley Muller on Nov 11th, 2026

CoreCivic, Inc. (NYSE:CXW – Free Report) – Investment analysts at Noble Financial upped their FY2026 earnings per share (EPS) estimates for shares of CoreCivic in a report released on Monday, November 9th. Noble Financial analyst J. Gomes now forecasts that the real estate investment trust will post earnings of $2.81 per share for the year, up from their prior forecast of $2.70. Noble Financial has an “Outperform” rating on the stock. The consensus estimate for CoreCivic’s current full-year earnings is $2.82 per share.

CoreCivic (NYSE:CXW – Get Free Report) last issued its earnings results on Wednesday, November 4th. The real estate investment trust reported $0.49 earnings per share for the quarter, missing the consensus estimate of $15.14 by ($14.65). CoreCivic had a return on equity of 9.27% and a net margin of 54.60%. The firm had revenue of $744.09 million during the quarter, compared to analysts’ expectations of $697.55 million. During the same quarter in the prior year, the company posted $0.48 earnings per share. CoreCivic’s quarterly revenue was up 28.2% compared to the same quarter last year.

Several other analysts also recently weighed in on CXW. Benchmark lifted their price objective on CoreCivic from $41.00 to $45.00 and gave the company a “buy” rating in a report on Friday, August 7th. Wall Street Zen lowered shares of CoreCivic from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. JonesTrading reaffirmed a “buy” rating and issued a $42.00 price objective on shares of CoreCivic in a research note on Friday, September 18th. Weiss Ratings cut shares of CoreCivic from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, October 28th. Finally, TD Cowen reissued a “hold” rating on shares of CoreCivic in a research report on Friday, October 23rd. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $39.40.

Check Out Our Latest Stock Report on CoreCivic

CoreCivic Price Performance

CXW opened at $31.60 on Wednesday. CoreCivic has a 12-month low of $15.73 and a 12-month high of $36.55. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.27. The business’s fifty day simple moving average is $32.21 and its 200-day simple moving average is $26.09. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 2.04 and a beta of 0.63.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in CXW. Ieq Capital LLC lifted its stake in shares of CoreCivic by 21.4% during the 3rd quarter. Ieq Capital LLC now owns 8,431 shares of the real estate investment trust’s stock worth $272,000 after purchasing an additional 1,484 shares during the last quarter. Public Sector Pension Investment Board bought a new stake in CoreCivic during the third quarter valued at about $12,081,000. Global Retirement Partners LLC grew its stake in CoreCivic by 338.9% in the third quarter. Global Retirement Partners LLC now owns 2,164 shares of the real estate investment trust’s stock valued at $70,000 after purchasing an additional 1,671 shares during the last quarter. Russell Investments Group Ltd. grew its stake in CoreCivic by 21.0% in the third quarter. Russell Investments Group Ltd. now owns 64,880 shares of the real estate investment trust’s stock valued at $2,092,000 after purchasing an additional 11,238 shares during the last quarter. Finally, Maryland State Retirement & Pension System grew its stake in CoreCivic by 52.5% in the third quarter. Maryland State Retirement & Pension System now owns 22,079 shares of the real estate investment trust’s stock valued at $712,000 after purchasing an additional 7,604 shares during the last quarter. 85.13% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Harley G. Lappin sold 22,032 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $33.02, for a total value of $727,496.64. Following the completion of the transaction, the director owned 53,328 shares of the company’s stock, valued at $1,760,890.56. The trade was a 29.24% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO David Garfinkle sold 50,000 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $33.96, for a total value of $1,698,000.00. Following the sale, the chief financial officer owned 293,353 shares of the company’s stock, valued at approximately $9,962,267.88. This represents a 14.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 328,019 shares of company stock valued at $11,054,126 over the last ninety days. Company insiders own 1.76% of the company’s stock.

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

CoreCivic Company Profile

(Get Free Report)

CoreCivic, Inc. is a U.S. corrections and government-services company that operates correctional and detention facilities under contracts with federal, state and local government agencies. Its services include facility management and related support for people in custody. The company also provides residential reentry services, including transitional housing and programs intended to help people return to their communities. Through its real estate business, CoreCivic owns and develops correctional and detention properties that government agencies may lease.