| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 3/6 |
| Past Performance | 0/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
CXW Overview
CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States.
CoreCivic Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$8.56 |
| 52 Week High | US$5.76 |
| 52 Week Low | US$12.35 |
| Beta | 1.31 |
| 1 Month Change | -8.65% |
| 3 Month Change | -26.84% |
| 1 Year Change | -0.12% |
| 3 Year Change | -65.88% |
| 5 Year Change | -46.16% |
| Change since IPO | -91.11% |
Recent News & Updates
Returns On Capital At CoreCivic (NYSE:CXW) Have Hit The Brakes
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
CoreCivic: The Final Battle For Long-Term Survival Is Now
CoreCivic is badly navigating in a highly hostile regulatory environment, potentially disrupting revenues and margins in the next 4 years. The company needs a major shift towards other reportable segments to reduce the catastrophic impact (over the long term) of the recent Biden ban. High leverage and expensive debt contribute to eroding net income, and the overall liquidity position is not ready to absorb major regulatory headwinds. The company is on the verge of a disastrous and persistent decline in the upcoming years if management doesn’t act now and fast.
Shareholder Returns
| CXW | US Commercial Services | US Market | |
|---|---|---|---|
| 7D | -3.8% | -1.5% | -0.6% |
| 1Y | -0.1% | 26.5% | 33.8% |
Return vs Industry: CXW underperformed the US Commercial Services industry which returned 26.5% over the past year.
Return vs Market: CXW underperformed the US Market which returned 33.8% over the past year.
Price Volatility
| CXW volatility | |
|---|---|
| CXW Beta | 1.31 |
| Industry Beta | 1.04 |
| Market Beta | 1 |
Stable Share Price: CXW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: CXW's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 12,415 | Damon Hininger | https://www.corecivic.com |
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.
CoreCivic Fundamentals Summary
| CXW fundamental statistics | |
|---|---|
| Market Cap | US$1.03b |
| Earnings (TTM) | -US$110.03m |
| Revenue (TTM) | US$1.86b |
0.6x
P/S Ratio-9.4x
P/E RatioIs CXW overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CXW income statement (TTM) | |
|---|---|
| Revenue | US$1.86b |
| Cost of Revenue | US$1.35b |
| Gross Profit | US$511.92m |
| Expenses | US$621.95m |
| Earnings | -US$110.03m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.92 |
| Gross Margin | 27.51% |
| Net Profit Margin | -5.91% |
| Debt/Equity Ratio | 115.4% |
How did CXW perform over the long term?
See historical performance and comparisonValuation
Is CoreCivic undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CXW ($8.56) is trading below our estimate of fair value ($24.32)
Significantly Below Fair Value: CXW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CXW is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.
PE vs Market: CXW is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate CXW's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CXW is good value based on its PB Ratio (0.8x) compared to the US Commercial Services industry average (2.7x).
Future Growth
How is CoreCivic forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
100.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CXW is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: CXW is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: CXW's is expected to become profitable in the next 3 years.
Revenue vs Market: CXW's revenue is expected to decline over the next 3 years (-1.2% per year).
High Growth Revenue: CXW's revenue is forecast to decline over the next 3 years (-1.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CXW's Return on Equity is forecast to be high in 3 years time
Past Performance
How has CoreCivic performed over the past 5 years?
-25.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CXW is currently unprofitable.
Growing Profit Margin: CXW is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: CXW is unprofitable, and losses have increased over the past 5 years at a rate of 25.8% per year.
Accelerating Growth: Unable to compare CXW's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CXW is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (30.4%).
Return on Equity
High ROE: CXW has a negative Return on Equity (-8.4%), as it is currently unprofitable.
Financial Health
How is CoreCivic's financial position?
Financial Position Analysis
Short Term Liabilities: CXW's short term assets ($491.2M) exceed its short term liabilities ($316.6M).
Long Term Liabilities: CXW's short term assets ($491.2M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: CXW's debt to equity ratio (115.4%) is considered high.
Reducing Debt: CXW's debt to equity ratio has increased from 98.3% to 115.4% over the past 5 years.
Debt Coverage: CXW's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: CXW's interest payments on its debt are well covered by EBIT (3x coverage).
Balance Sheet
Dividend
What is CoreCivic current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CXW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate CXW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CXW's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CXW's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: CXW is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CXW's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.8yrs
Average management tenure
CEO
Damon Hininger (51 yo)
11.92yrs
Tenure
US$4,405,451
Compensation
Mr. Damon T. Hininger serves as the Chief Executive Officer and President at CCA TRS, LLC. Mr. Hininger has been the Chief Executive Officer and Director of CoreCivic, Inc. (formerly known as Corrections C...
CEO Compensation Analysis
Compensation vs Market: Damon's total compensation ($USD4.41M) is above average for companies of similar size in the US market ($USD2.33M).
Compensation vs Earnings: Damon's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: CXW's management team is seasoned and experienced (6.8 years average tenure).
Board Members
Experienced Board: CXW's board of directors are considered experienced (9.8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CoreCivic, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: CoreCivic, Inc.
- Ticker: CXW
- Exchange: NYSE
- Founded: 1983
- Industry: Security and Alarm Services
- Sector: Commercial Services
- Market Cap: US$1.030b
- Shares outstanding: 120.28m
- Website: https://www.corecivic.com
Number of Employees
Location
- CoreCivic, Inc.
- 5501 Virginia Way
- Suite 110
- Brentwood
- Tennessee
- 37027
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/09/18 22:02 |
| End of Day Share Price | 2021/09/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.