NYSE:CXWCommercial Services
CoreCivic (CXW) Could Be 16% Undervalued After Redeeming Its 2027 Notes
CoreCivic (CXW) has moved to redeem all remaining 4.750% senior notes due 2027, a US$238.5m balance, effective August 12, 2026, using cash on hand, drawing attention to the company’s capital structure.
See our latest analysis for CoreCivic.
CoreCivic’s decision to fully redeem its 2027 notes comes after a strong run in the stock, with a 30 day share price return of 8.8% and a 90 day gain of 49.9%, while the 3 year total shareholder return of 233.2% points to powerful longer term momentum.
If...