CoreCivic (NYSE:CXW) Earns “Buy” Rating from JonesTrading

Posted by Stanley Muller on Sep 18th, 2026

CoreCivic (NYSE:CXW – Get Free Report)‘s stock had its “buy” rating restated by equities research analysts at JonesTrading in a research report issued to clients and investors on Friday, Benzinga reports. They currently have a $42.00 target price on the real estate investment trust’s stock. JonesTrading’s price objective would indicate a potential upside of 18.15% from the company’s previous close.

A number of other research analysts also recently issued reports on the company. Noble Financial restated an “outperform” rating on shares of CoreCivic in a research note on Monday, August 10th. UBS Group set a $35.00 price target on shares of CoreCivic in a report on Tuesday, July 7th. Wall Street Zen upgraded shares of CoreCivic from a “hold” rating to a “buy” rating in a research report on Monday, August 10th. Benchmark raised their price objective on shares of CoreCivic from $41.00 to $45.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, Northland Securities set a $40.00 price objective on shares of CoreCivic in a research report on Friday, June 26th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $39.40.

Get Our Latest Stock Report on CXW

CoreCivic Trading Up 1.8%

NYSE:CXW opened at $35.55 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.32 and a current ratio of 1.32. The firm has a market cap of $3.52 billion, a price-to-earnings ratio of 28.44 and a beta of 0.60. CoreCivic has a 52 week low of $15.73 and a 52 week high of $36.07. The firm has a 50-day moving average price of $32.65 and a two-hundred day moving average price of $26.05.

CoreCivic (NYSE:CXW – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The real estate investment trust reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.34 by $0.04. The company had revenue of $684.92 million during the quarter, compared to the consensus estimate of $618.63 million. CoreCivic had a return on equity of 9.22% and a net margin of 5.15%.CoreCivic’s revenue was up 27.3% on a year-over-year basis. During the same period last year, the business posted $0.59 earnings per share. CoreCivic has set its FY 2026 guidance at 2.610-2.700 EPS. On average, equities analysts expect that CoreCivic will post 2.69 earnings per share for the current fiscal year.

CoreCivic announced that its Board of Directors has authorized a share repurchase plan on Monday, August 10th that authorizes the company to repurchase $500.00 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 15.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Insiders Place Their Bets

In other news, CFO David Garfinkle sold 50,000 shares of the stock in a transaction on Monday, August 17th. The shares were sold at an average price of $33.76, for a total value of $1,688,000.00. Following the transaction, the chief financial officer owned 343,353 shares of the company’s stock, valued at $11,591,597.28. This represents a 12.71% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Lucibeth Mayberry sold 120,000 shares of CoreCivic stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $33.29, for a total transaction of $3,994,800.00. Following the sale, the executive vice president directly owned 149,329 shares of the company’s stock, valued at $4,971,162.41. This represents a 44.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 459,287 shares of company stock worth $15,431,193. 1.76% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On CoreCivic

A number of large investors have recently modified their holdings of CXW. Sequoia Financial Advisors LLC bought a new stake in CoreCivic in the 2nd quarter worth approximately $207,000. Tidal Investments LLC lifted its holdings in shares of CoreCivic by 14.4% in the 2nd quarter. Tidal Investments LLC now owns 22,445 shares of the real estate investment trust’s stock worth $682,000 after acquiring an additional 2,825 shares during the last quarter. WINTON GROUP Ltd purchased a new stake in shares of CoreCivic in the 2nd quarter valued at $504,000. Corient Private Wealth LP bought a new position in shares of CoreCivic during the 2nd quarter valued at $458,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in CoreCivic in the 2nd quarter worth $1,970,000. 85.13% of the stock is owned by hedge funds and other institutional investors.

About CoreCivic

(Get Free Report)

CoreCivic, Inc (NYSE: CXW) is a diversified government-solutions company that provides detention, corrections and residential reentry services. The company partners with federal, state and local government agencies to design, develop, own, lease and manage correctional and detention facilities in the United States.

Through its CoreCivic Safety operations, the company manages correctional and detention facilities and provides related services, including security, inmate care, transportation and rehabilitation programs.