CoreCivic (CXW) Expected to Announce Quarterly Earnings on Wednesday

CoreCivic (NYSE:CXW) is anticipated to release its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect CoreCivic to post earnings of $15.35 per share and revenue of $698.93 million for the quarter. CoreCivic has set its FY 2026 guidance at 2.610-2.700 EPS. Parties may visit the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 11:00 AM ET.

CoreCivic (NYSE:CXW) last posted its quarterly earnings data on Wednesday, August 5th. The real estate investment trust reported $0.38 earnings per share for the quarter, topping the consensus estimate 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. During the same quarter last year, the company posted $0.59 earnings per share. The firm’s revenue for the quarter was up 27.3% on a year-over-year basis. On average, analysts expect CoreCivic to post $2.69 EPS for the current fiscal year and $3.62 EPS for the next fiscal year.

CoreCivic Trading Up 3.0%

Shares of CoreCivic stock opened at $30.76 on Wednesday. CoreCivic has a 1 year low of $15.73 and a 1 year high of $36.55. The company has a 50 day simple moving average of $32.82 and a two-hundred day simple moving average of $25.57.

CoreCivic declared that its Board of Directors has approved a share buyback program on Monday, August 10th that authorizes the company to buy back $500 million in outstanding shares. This repurchase authorization authorizes the real estate investment trust to purchase up to 15.7% of its stock through open market purchases. Share repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other news, EVP Anthony L. Grande sold 29,199 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $33.61, for a total transaction of $981,378.39. Following the completion of the sale, the executive vice president directly owned 164,782 shares in the company, valued at approximately $5,538,323.02. This represents a 15.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO David Garfinkle sold 50,000 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $33.76, for a total value of $1,688,000.00. Following the completion of the sale, the chief financial officer directly owned 343,353 shares in the company, valued at $11,591,597.28. The trade was a 12.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 459,287 shares of company stock worth $15,431,193. 1.76% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on CXW. Weiss Ratings upgraded shares of CoreCivic from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, October 13th. Benchmark increased their target price on CoreCivic from $41.00 to $45.00 and gave the company a “buy” rating in a research note on Friday, August 7th. UBS Group set a $35.00 target price on CoreCivic in a research note on Tuesday, July 7th. TD Cowen reaffirmed a “hold” rating on shares of CoreCivic in a research note on Friday. Finally, JonesTrading reaffirmed a “buy” rating and set a $42.00 price target on shares of CoreCivic in a research note on Friday, September 18th. Four equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, CoreCivic currently has a consensus rating of “Moderate Buy” and an average price target of $39.40.

About CoreCivic

CoreCivic, Inc is a diversified government solutions company that owns, manages and develops correctional and detention facilities in the United States. The company provides detention and corrections services to federal, state and local government agencies, primarily under contracts that call for the housing and care of individuals in custody.

In addition to secure facilities, CoreCivic operates residential reentry centers and provides community-based services designed to support individuals transitioning from incarceration.