Research Analysts Set Expectations for CoreCivic Q1 Earnings

CoreCivic, Inc. (NYSE:CXW) – Research analysts at Noble Financial increased their Q1 2026 EPS estimates for shares of CoreCivic in a research note issued on Tuesday, February 17th. Noble Financial analyst J. Gomes now expects that the real estate investment trust will post earnings per share of $0.55 for the quarter, up from their previous forecast 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 earnings results on Wednesday, February 11th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.09. The business had revenue of $603.95 million for the quarter, compared to analyst estimates of $585.12 million. CoreCivic had a net margin of 5.27% and a return on equity of 8.17%. CoreCivic’s revenue was up 26.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.39 earnings per share.

A number of other brokerages have also commented on CXW. JonesTrading reaffirmed a “buy” rating and issued a $30.00 target price 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 research note on Saturday. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.00.

CoreCivic Price Performance

Shares of NYSE CXW opened at $18.70 on Wednesday. The firm has a market capitalization of $1.96 billion, a P/E ratio of 17.31 and a beta of 0.71. The firm’s 50-day moving average price is $19.17 and its 200-day moving average price is $19.20. The company has a current ratio of 1.66, a quick ratio of 1.41 and a debt-to-equity ratio of 0.86. CoreCivic has a 1-year low of $15.95 and a 1-year high of $23.54.

Hedge Funds Weigh In On CoreCivic

Several 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% in the first quarter. Royal Bank of Canada now owns 59,523 shares of the real estate investment trust’s stock worth $1,207,000 after buying an additional 19,630 shares during the last quarter. AQR Capital Management LLC increased its holdings in CoreCivic by 69.8% in the 1st quarter. AQR Capital Management LLC now owns 28,120 shares of the real estate investment trust’s stock worth $571,000 after acquiring an additional 11,557 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in CoreCivic by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,828 shares of the real estate investment trust’s stock valued at $1,315,000 after acquiring an additional 2,828 shares during the period. Jones Financial Companies Lllp boosted its position in 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 purchasing an additional 18,411 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake 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 worth $4,473,000 after purchasing an additional 4,977 shares in the last quarter. 85.13% of the stock is owned by institutional investors.

CoreCivic announced that its Board of Directors has approved a share buyback plan on Monday, November 10th that allows the company to buyback $200.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to purchase up to 10.7% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is 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.