CoreCivic Inc (NYSE: CXW) is 3.96% higher on its value in year-to-date trading and has touched a low of $10.74 and a high of $24.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CXW stock was last observed hovering at around $23.06 in the last trading session, with the day’s loss setting it -0.46%.
Currently trading at $22.60, the stock is 2.41% and 9.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.99 million and changing -1.99% at the moment leaves the stock 25.56% off its SMA200. CXW registered 48.10% gain for a year compared to 6-month gain of 69.80%.
The stock witnessed a 15.90% loss in the last 1 month and extending the period to 3 months gives it a 17.40%, and is -0.18% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.92% over the week and 4.15% over the month.
CoreCivic Inc (CXW) has around 11649 employees, a market worth around $2.47B and $1.96B in sales. Current P/E ratio is 36.44 and Fwd P/E is 16.34. Profit margin for the company is 3.51%. Distance from 52-week low is 110.43% and -9.56% from its 52-week high. The company has generated returns on investments over the last 12 months (2.76%).
The EPS is expected to grow by 17.74% this year
The shares outstanding are 109.86M, and float is at 105.87M with Short Float at 2.83%.
The top institutional shareholder in the company is BLACKROCK INC. with over 17.9 million shares valued at $232.32 million. The investor’s holdings represent 16.1316 of the CXW Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.16 million shares valued at $157.83 million to account for 10.9592 of the shares outstanding. The other top investors are RIVER ROAD ASSET MANAGEMENT, LLC which holds 8.57 million shares representing 7.7251 and valued at over $111.26 million, while FMR LLC holds 4.4445 of the shares totaling 4.93 million with a market value of $64.01 million.
CoreCivic Inc (CXW) Insider Activity
The most recent transaction is an insider sale by Carter, Cole G., the company’s EVP,General Counsel, Secretary. SEC filings show that Carter, Cole G. sold 8,000 shares of the company’s common stock on Apr 01 ’25 at a price of $20.08 per share for a total of $0.16 million. Following the sale, the insider now owns 0.22 million shares.
Still, SEC filings show that on Mar 03 ’25, Carter, Cole G. (EVP,General Counsel, Secretary) disposed off 8,000 shares at an average price of $18.85 for $0.15 million. The insider now directly holds 223,402 shares of CoreCivic Inc (CXW).
