Q2 Earnings Forecast for CoreCivic Issued By Noble Financial

CoreCivic, Inc. (NYSE:CXW) – Equities research analysts at Noble Financial lifted their Q2 2025 earnings per share estimates for shares of CoreCivic in a report issued on Monday, May 12th. Noble Financial analyst J. Gomes now forecasts that the real estate investment trust will post earnings of $0.42 per share for the quarter, up from their previous estimate of $0.41. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for CoreCivic’s current full-year earnings is $1.50 per share. Noble Financial also issued estimates for CoreCivic’s FY2026 earnings at $1.88 EPS.

CoreCivic (NYSE:CXW) last issued its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.45 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.10. CoreCivic had a return on equity of 5.97% and a net margin of 3.51%. The business had revenue of $488.60 million during the quarter, compared to analyst estimates of $478.49 million. During the same period in the previous year, the firm earned $0.46 EPS. CoreCivic’s quarterly revenue was down 2.4% compared to the same quarter last year.

Other equities analysts also recently issued research reports about the company. Wedbush reaffirmed an “outperform” rating and set a $30.00 price target on shares of CoreCivic in a research report on Tuesday, February 11th. StockNews.com upgraded CoreCivic from a “hold” rating to a “buy” rating in a research note on Wednesday, May 7th.

CoreCivic Trading Down 0.6%

NYSE:CXW opened at $21.59 on Tuesday. CoreCivic has a twelve month low of $10.74 and a twelve month high of $24.99. The company has a quick ratio of 1.51, a current ratio of 1.57 and a debt-to-equity ratio of 0.65. The business has a 50 day moving average price of $21.06 and a two-hundred day moving average price of $20.61. The company has a market cap of $2.36 billion, a P/E ratio of 35.39 and a beta of 0.79.

Institutional Investors Weigh In On CoreCivic

A number of large investors have recently added to or reduced their stakes in the business. Meeder Asset Management Inc. acquired a new position in CoreCivic in the 4th quarter valued at $43,000. Smartleaf Asset Management LLC grew its holdings in shares of CoreCivic by 318.9% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,442 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 1,859 shares in the last quarter. Copia Wealth Management acquired a new stake in shares of CoreCivic during the 4th quarter worth $82,000. Russell Investments Group Ltd. grew its holdings in shares of CoreCivic by 86,300.0% during the 4th quarter. Russell Investments Group Ltd. now owns 4,320 shares of the real estate investment trust’s stock worth $94,000 after purchasing an additional 4,315 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings in shares of CoreCivic by 10.0% during the 1st quarter. GAMMA Investing LLC now owns 5,156 shares of the real estate investment trust’s stock worth $105,000 after purchasing an additional 470 shares in the last quarter. Institutional investors own 85.13% of the company’s stock.

About CoreCivic

CoreCivic, Inc owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions.