The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways.
Undervalued with proven track record.
Share Price & News
How has CoreCivic's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CXW has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CXW underperformed the US REITs industry which returned 16.6% over the past year.
Return vs Market: CXW underperformed the US Market which returned 19.4% over the past year.
Price Volatility Vs. Market
How volatile is CoreCivic's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StDoes CoreCivic, Inc.'s (NYSE:CXW) CEO Salary Compare Well With Others?
3 weeks ago | Simply Wall StDo Directors Own CoreCivic, Inc. (NYSE:CXW) Shares?
1 month ago | Simply Wall StShould You Be Impressed By CoreCivic, Inc.'s (NYSE:CXW) ROE?
Is CoreCivic undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CXW ($16.95) is trading below our estimate of fair value ($54.58)
Significantly Below Fair Value: CXW is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CXW is good value based on its PE Ratio (10.7x) compared to the REITs industry average (36.6x).
PE vs Market: CXW is good value based on its PE Ratio (10.7x) compared to the US market (18.3x).
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 (1.5x) compared to the US REITs industry average (2.1x).
How is CoreCivic forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as CoreCivic has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether CoreCivic is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- CoreCivic competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has CoreCivic performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CXW has high quality earnings.
Growing Profit Margin: CXW's current net profit margins (9.5%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: CXW's earnings have declined by -4.5% per year over the past 5 years.
Accelerating Growth: CXW's earnings growth over the past year (18.6%) exceeds its 5-year average (-4.5% per year).
Earnings vs Industry: CXW earnings growth over the past year (18.6%) exceeded the REITs industry 8.2%.
Return on Equity
High ROE: CXW's Return on Equity (13.7%) is considered low.
Return on Assets
Return on Capital Employed
How is CoreCivic's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: CXW has a high level of physical assets or inventory.
Debt Coverage by Assets: CXW's debt is not covered by short term assets (assets are 0.2x debt).
Financial Institutions Analysis
Asset Level: CXW's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if CXW has a sufficient allowance for bad loans.
Low Risk Liabilities: CXW reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if CXW has an acceptable proportion of non-loan assets held.
Low Risk Deposits: CXW has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if CXW has an appropriate level of bad loans.
What is CoreCivic's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: CXW's dividend (10.38%) is higher than the bottom 25% of dividend payers in the US market (1.43%).
High Dividend: CXW's dividend (10.38%) is in the top 25% of dividend payers in the US market (3.7%)
Stability and Growth of Payments
Stable Dividend: CXW has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CXW's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69.3%), CXW's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Damon Hininger (49yo)
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 ($USD4.12M) is about average for companies of similar size in the US market ($USD3.81M).
Compensation vs Earnings: Damon's compensation has increased by more than 20% in the past year.
|Executive VP & CFO||5.8yrs||US$1.98m||0.10% $2.0m|
|Executive VP & Chief Development Officer||12.4yrs||US$2.02m||0.063% $1.3m|
|Executive Vice President of Real Estate||4.8yrs||US$1.87m||0.065% $1.3m|
|Executive VP & Chief Corrections Officer||2.1yrs||US$1.86m||0.020% $408.0k|
|Chief Information Officer & VP of Technology||17.5yrs||no data||no data|
|Managing Director of Investor Relations||0yrs||no data||no data|
|Vice President of Compensation||2.7yrs||no data||no data|
|Executive VP||1.6yrs||no data||0.0037% $75.1k|
|Managing Director of Communications||0yrs||no data||no data|
Experienced Management: CXW's management team is seasoned and experienced (5.3 years average tenure).
|Independent Director||7yrs||US$209.01k||0.023% $456.1k|
|Independent Director||19.2yrs||US$229.01k||0.037% $742.1k|
|Independent Director||18.2yrs||US$237.01k||0.035% $694.9k|
|Independent Director||17.2yrs||US$237.01k||0.022% $435.1k|
|Independent Director||8.2yrs||US$218.16k||0.036% $719.2k|
|Independent Director||16.2yrs||US$227.01k||0.049% $988.5k|
|Independent Chairman of the Board||3.8yrs||US$314.01k||0.049% $992.3k|
|Independent Director||3.5yrs||US$235.01k||0.0096% $192.2k|
Experienced Board: CXW's board of directors are considered experienced (9.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CXW insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
CoreCivic, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: CoreCivic, Inc.
- Ticker: CXW
- Exchange: NYSE
- Founded: 1983
- Industry: Specialized REITs
- Sector: Real Estate
- Market Cap: US$2.007b
- Shares outstanding: 119.10m
- Website: https://www.corecivic.com
Number of Employees
- CoreCivic, Inc.
- 5501 Virginia Way
- Suite 110
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CXW||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Jul 1997|
|PSRA||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Jul 1997|
The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a growing network of residential reentry centers to help address America’s recidivism crisis, and government real estate solutions. We are a publicly traded real estate investment trust (REIT) and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 00:19|
|End of Day Share Price||2020/02/18 00:00|
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.