CoreCivic, Inc.

NYSE:CXW Stock Report

Market Cap: US$3.3b

CoreCivic Management

Management criteria checks 2/4

CoreCivic's CEO is Patrick Swindle, appointed in Dec 2020, has a tenure of 5.67 years. total yearly compensation is $3.49M, comprised of 20% salary and 80% bonuses, including company stock and options. directly owns 0.23% of the company’s shares, worth $7.62M. The average tenure of the management team and the board of directors is 7.7 years and 2.4 years respectively.

Key information

Patrick Swindle

Chief executive officer

US$3.5m

Total compensation

CEO salary percentage19.95%
CEO tenure5.7yrs
CEO ownership0.2%
Management average tenure7.7yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

Narrative Update Aug 08

CXW: Future Facility Sales And ICE Contracts Are Expected To Unlock Upside Potential

Analysts have lifted the CoreCivic fair value estimate from $36.40 to $39.60, citing higher price targets across the Street in the $35 to $45 range, supported by recent facility sales, capital structure changes, and new or expanded government contracts. Analyst Commentary Recent Street research on CoreCivic focuses on higher price targets tied to asset sales, capital structure decisions, and new government contracts.
Seeking Alpha Jul 22

CoreCivic: Reassuring Asset Sales, But The Dividend Is Still Missing

Summary CoreCivic has rallied ~400% since 2020, validating its post-REIT strategy and balance sheet repair. Q1 revenue surged 26% to $614.7M, with adjusted EBITDA up 36% and occupancy gains driven by increased ICE demand and facility reactivations. Recent $1.5B asset sales validated real estate values and will significantly deleverage CXW, reducing pro forma net debt to ~$245M. I remain neutral as the current price reflects favorable demand, no dividend has been reinstated, and future capital allocation remains uncertain. Read the full article on Seeking Alpha
Narrative Update Jul 11

CXW: Future Facility Sales And ICE Contracts Will Drive Earnings Potential

CoreCivic's fair value estimate has been raised from $33 to $36.40 as analysts point to higher price targets, new ICE contracts, facility sales to the U.S. Department of Homeland Security, and potential capacity expansion as key supports for improved earnings potential and valuation. Analyst Commentary Recent research on CoreCivic centers on higher price targets tied to new ICE contracts, planned government facility purchases, and balance sheet changes following large asset sales.
New Narrative Jun 27

Idle Detention Capacity And New Healthcare Platform Will Drive Stronger Future Prospects

Catalysts About CoreCivic CoreCivic operates correctional and detention facilities and related services for federal, state and local government partners across the United States. What are the underlying business or industry changes driving this perspective?
Narrative Update Jun 26

CXW: Future Facility Sales And ICE Demand Set Balanced Opportunity Risk Profile

Analysts have raised their CoreCivic fair value estimate from $29.88 to $33.00, citing higher Street price targets of up to $40 and growing confidence that government initiatives to acquire private detention facilities and the resumption of ICE enforcement activities remain on track. Analyst Commentary Recent Street research around CoreCivic highlights a mix of optimism about policy trends and facility valuations, alongside practical questions about timing and execution.
Analysis Article Jun 21

CoreCivic (CXW) Stock Looks Rich After Its Recent Run But How Overvalued Is It

After a strong run in recent months, CoreCivic (CXW) is drawing attention as investors look more closely at how its $2.3b in annual revenue and $129.3m in net income align with today’s valuation. See our latest analysis for CoreCivic. CoreCivic’s recent momentum is strong, with a 34.4% 1 month share price return and a 51.9% year to date share price return contributing to a 205.8% 3 year total shareholder return, suggesting sentiment has shifted materially since earlier years. If CoreCivic’s...
Analysis Article Jan 06

Are Investors Undervaluing CoreCivic, Inc. (NYSE:CXW) By 20%?

Key Insights Using the 2 Stage Free Cash Flow to Equity, CoreCivic fair value estimate is US$24.65 CoreCivic is...
Analysis Article Nov 09

CoreCivic, Inc. Just Missed EPS By 9.4%: Here's What Analysts Think Will Happen Next

Shareholders might have noticed that CoreCivic, Inc. ( NYSE:CXW ) filed its third-quarter result this time last week...
Narrative Update Sep 16

Government Funding Will Activate Idle Detention Facilities

Despite anticipated sales and contract opportunities from increased immigration enforcement, analyst concerns over execution risks and profitability have led to a downward revision in CoreCivic’s consensus price target from $31.50 to $29.88. Analyst Commentary Anticipated passage of the "One Big Beautiful Bill Act" includes significant funding increases for immigration enforcement, likely driving greater demand for detention capacity and positively impacting CoreCivic’s business.
Analysis Article Sep 09

What Is CoreCivic, Inc.'s (NYSE:CXW) Share Price Doing?

CoreCivic, Inc. ( NYSE:CXW ), is not the largest company out there, but it saw significant share price movement during...
Analysis Article Jul 20

CoreCivic, Inc. (NYSE:CXW) Not Flying Under The Radar

CoreCivic, Inc.'s ( NYSE:CXW ) price-to-earnings (or "P/E") ratio of 26.9x might make it look like a sell right now...
Analysis Article Jul 04

CoreCivic (NYSE:CXW) Has A Somewhat Strained Balance Sheet

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article May 08

Shareholders Will Most Likely Find CoreCivic, Inc.'s (NYSE:CXW) CEO Compensation Acceptable

Key Insights CoreCivic to hold its Annual General Meeting on 15th of May CEO Damon Hininger's total compensation...
Analysis Article Apr 06

Some Shareholders Feeling Restless Over CoreCivic, Inc.'s (NYSE:CXW) P/E Ratio

When close to half the companies in the United States have price-to-earnings ratios (or "P/E's") below 16x, you may...
Analysis Article Mar 19

When Should You Buy CoreCivic, Inc. (NYSE:CXW)?

While CoreCivic, Inc. ( NYSE:CXW ) might not have the largest market cap around , it saw a decent share price growth of...
Analysis Article Mar 04

CoreCivic's (NYSE:CXW) Earnings Offer More Than Meets The Eye

CoreCivic, Inc.'s ( NYSE:CXW ) recent earnings report didn't offer any surprises, with the shares unchanged over the...
Seeking Alpha Feb 21

CoreCivic: Analysts Fear Is Unwarranted (Rating Upgrade)

Summary CoreCivic experienced significant volatility due to unwarranted Analysts fear and sector concerns, presenting a buying opportunity. Despite recent weak guidance for 2025, CoreCivic's management expressed optimism about future growth, particularly with ICE and the US Marshals Service. Q4 2024 results showed a decline in net income due to contract termination, but overall fiscal performance remained strong with $2 billion in revenue. Future demand for detention beds is expected to rise significantly, contingent on a new bill and budget from Congress, potentially benefiting CoreCivic. Read the full article on Seeking Alpha
Analysis Article Feb 13

Results: CoreCivic, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts

The yearly results for CoreCivic, Inc. ( NYSE:CXW ) were released last week, making it a good time to revisit its...
Seeking Alpha Feb 05

CoreCivic: The Picture Has Changed, But The Rating Hasn't

Summary CoreCivic's stock surged 60.7% due to a favorable political climate, despite earlier setbacks from contract losses under the previous administration. The company's revenue and profitability have improved, driven by higher occupancy rates and lower variable expenses, making it near the low end of fair value. With significant contracts from ICE and USMS, CoreCivic stands to benefit from increased government investments in detention facilities under the current administration. While currently rated as a 'hold,' positive financial results or further political shifts could push CXW stock into 'buy' territory. Read the full article on Seeking Alpha
Analysis Article Feb 02

CoreCivic (NYSE:CXW) Could Be At Risk Of Shrinking As A Company

Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
Analysis Article Jan 05

Is CoreCivic (NYSE:CXW) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Dec 23

With EPS Growth And More, CoreCivic (NYSE:CXW) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Dec 11

CoreCivic, Inc. (NYSE:CXW) Shares Could Be 35% Below Their Intrinsic Value Estimate

Key Insights CoreCivic's estimated fair value is US$34.01 based on 2 Stage Free Cash Flow to Equity CoreCivic is...
Seeking Alpha Nov 23

CoreCivic: Potential Policy Tailwinds, Not Enough To Move The Needle

Summary CXW's potential upside hinges on new US government policies, particularly increased funding for ICE, which could boost revenues despite the Private Prison EO. Current valuations reflect market optimism, but historical returns on capital are below market rates, indicating limited economic value on offer. Free cash flow has increased due to asset disposals, not operational success. Read the full article on Seeking Alpha
Analysis Article Nov 07

CoreCivic, Inc.'s (NYSE:CXW) 38% Price Boost Is Out Of Tune With Earnings

CoreCivic, Inc. ( NYSE:CXW ) shareholders have had their patience rewarded with a 38% share price jump in the last...
Analysis Article Oct 29

Is Now An Opportune Moment To Examine CoreCivic, Inc. (NYSE:CXW)?

CoreCivic, Inc. ( NYSE:CXW ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...

CEO Compensation Analysis

How has Patrick Swindle's remuneration changed compared to CoreCivic's earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2026n/an/a

US$128m

Mar 31 2026n/an/a

US$129m

Dec 31 2025US$3mUS$696k

US$117m

Sep 30 2025n/an/a

US$109m

Jun 30 2025n/an/a

US$104m

Mar 31 2025n/an/a

US$84m

Dec 31 2024US$3mUS$543k

US$69m

Sep 30 2024n/an/a

US$76m

Jun 30 2024n/an/a

US$69m

Mar 31 2024n/an/a

US$65m

Dec 31 2023US$2mUS$527k

US$68m

Sep 30 2023n/an/a

US$66m

Jun 30 2023n/an/a

US$120m

Mar 31 2023n/an/a

US$116m

Dec 31 2022US$2mUS$504k

US$122m

Sep 30 2022n/an/a

US$126m

Jun 30 2022n/an/a

US$88m

Mar 31 2022n/an/a

US$93m

Dec 31 2021US$2mUS$475k

-US$52m

Sep 30 2021n/an/a

-US$107m

Jun 30 2021n/an/a

-US$110m

Mar 31 2021n/an/a

-US$103m

Dec 31 2020US$2mUS$460k

US$54m

Sep 30 2020n/an/a

US$123m

Jun 30 2020n/an/a

US$145m

Mar 31 2020n/an/a

US$172m

Dec 31 2019US$2mUS$444k

US$189m

Compensation vs Market: Patrick's total compensation ($USD3.49M) is below average for companies of similar size in the US market ($USD6.95M).

Compensation vs Earnings: Patrick's compensation has increased by more than 20% in the past year.


CEO

Patrick Swindle (51 yo)

5.7yrs
Tenure
US$3,488,419
Compensation

Mr. Patrick D. Swindle serves as President at CoreCivic, Inc since January 1, 2025 and is Chief Operating Officer at CoreCivic, Inc. since December 2020. He serves as Chief Executive Officer at CoreCivic,...


Leadership Team

NamePositionTenureCompensationOwnership
Patrick Swindle
President5.7yrsUS$3.49m0.23%
$ 7.6m
David Garfinkle
Executive VP & CFO12.3yrsUS$3.29m0.32%
$ 10.7m
Anthony Grande
Executive VP & Chief Development Officer18.9yrsUS$3.32m0.091%
$ 3.0m
Damon Hininger
Special Advisor to the CEO and Chairman of the Boardless than a yearUS$7.20m0.94%
$ 31.3m
Lucibeth Mayberry
Executive VP & Chief Strategy Officer11.3yrsUS$3.20m0.077%
$ 2.5m
Harley Lappin
Directorno dataUS$252.36k0.042%
$ 1.4m
Laura Groschen
Executive VP Chief Information & Digital Officerless than a yearno datano data
Cole Carter
Executive VP8.1yrsno data0.12%
$ 4.0m
Jeb Bachmann
Managing Director of Investor Relationsno datano datano data
Scott Craddock
VP and Chief Ethics & Compliance Officer8.1yrsno datano data
Steve Owen
Vice President of Communications6.2yrsno datano data
David Churchill
Executive VP & Chief Human Resources Officer7.3yrsno data0.13%
$ 4.3m
7.7yrs
Average Tenure
57yo
Average Age

Experienced Management: CXW's management team is seasoned and experienced (7.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patrick Swindle
Presidentless than a yearUS$3.49m0.23%
$ 7.6m
Harley Lappin
Director8.6yrsUS$252.36k0.042%
$ 1.4m
Thurgood Marshall
Independent Director23.7yrsUS$279.79k0.037%
$ 1.2m
Mark Emkes
Independent Chairman of the Board12yrsUS$383.49k0.16%
$ 5.3m
Devin Murphy
Independent Director7.8yrsUS$281.08k0.056%
$ 1.9m
Nina Tran
Independent Director1.4yrsUS$219.63k0.0066%
$ 217.1k
S. Smith
Independent Director1.4yrsUS$219.63k0.0066%
$ 217.1k
Catherine Hernandez-Blades
Independent Director2.4yrsUS$260.71k0.016%
$ 545.8k
Alexander Fischer
Independent Director2.4yrsUS$272.30k0.023%
$ 751.3k
Stacey Tank
Independent Director1.4yrsUS$219.63k0.0066%
$ 217.1k
Stacia Hylton
Independent Director10yrsUS$263.50k0.084%
$ 2.8m
2.4yrs
Average Tenure
62yo
Average Age

Experienced Board: CXW's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/08/21 07:13
End of Day Share Price 2026/08/21 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

CoreCivic, Inc. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Manav PatnaikBarclays
William SutherlandBenchmark Company
Michael KodeschCanaccord Genuity