The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways.
Very undervalued second-rate dividend payer.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CXW underperformed the US REITs industry which returned -9.2% over the past year.
Return vs Market: CXW underperformed the US Market which returned 15.4% 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 months ago | Simply Wall StDoes Market Volatility Impact CoreCivic, Inc.'s (NYSE:CXW) Share Price?
4 months ago | Simply Wall StDid Changing Sentiment Drive CoreCivic's (NYSE:CXW) Share Price Down A Painful 71%?
5 months ago | Simply Wall StDon't Ignore The Fact That This Insider Just Sold Some Shares In CoreCivic, Inc. (NYSE:CXW)
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 ($8.74) is trading below our estimate of fair value ($33.04)
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 (7.2x) compared to the US REITs industry average (30.4x).
PE vs Market: CXW is good value based on its PE Ratio (7.2x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: CXW is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: CXW is good value based on its PB Ratio (0.8x) compared to the US REITs industry average (1.4x).
How is CoreCivic forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CXW's forecast earnings growth (17.8% per year) is above the savings rate (2.2%).
Earnings vs Market: CXW's earnings (17.8% per year) are forecast to grow slower than the US market (22.6% per year).
High Growth Earnings: CXW's earnings are forecast to grow, but not significantly.
Revenue vs Market: CXW's revenue is expected to decline over the next 3 years (-0.09% per year).
High Growth Revenue: CXW's revenue is forecast to decline over the next 3 years (-0.09% 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
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 (7.4%) are lower than last year (9.4%).
Past Earnings Growth Analysis
Earnings Trend: CXW's earnings have declined by 6.2% per year over the past 5 years.
Accelerating Growth: CXW's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: CXW had negative earnings growth (-19.4%) over the past year, making it difficult to compare to the REITs industry average (1.4%).
Return on Equity
High ROE: CXW's Return on Equity (10.4%) is considered low.
How is CoreCivic's financial position?
Financial Position Analysis
Short Term Liabilities: CXW's short term assets ($668.4M) exceed its short term liabilities ($293.9M).
Long Term Liabilities: CXW's short term assets ($668.4M) do not cover its long term liabilities ($2.3B).
Debt to Equity History and Analysis
Debt Level: CXW's debt to equity ratio (158.1%) is considered high.
Reducing Debt: CXW's debt to equity ratio has increased from 83.7% to 158.1% over the past 5 years.
Debt Coverage: CXW's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: CXW's interest payments on its debt are not well covered by EBIT (2.9x coverage).
What is CoreCivic current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CXW's dividend (20.14%) is higher than the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: CXW's dividend (20.14%) is in the top 25% of dividend payers in the US market (4.45%)
Stability and Growth of Payments
Stable Dividend: CXW has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CXW's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (80.1%), CXW's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Damon Hininger (50 yo)
Mr. Damon T. Hininger serves as the Chief Executive Officer and President at CCA TRS, LLC. Mr. Hininger has been the Chief Executive Officer and Director of CoreCivic, Inc. (formerly known as Corrections C ...
CEO Compensation Analysis
Compensation vs Market: Damon's total compensation ($USD5.35M) is above average for companies of similar size in the US market ($USD3.09M).
Compensation vs Earnings: Damon's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive VP & CFO||6.25yrs||US$2.22m||0.12% |
|Executive VP & Chief Development Officer||12.92yrs||US$2.28m||0.086% |
|Executive Vice President of Real Estate||5.25yrs||US$2.11m||0.088% |
|Executive VP & Chief Corrections Officer||2.58yrs||US$2.11m||0.042% |
|Director||2.58yrs||no data||0.050% |
|Chief Information Officer & VP of Technology||18yrs||no data||no data|
|Managing Director of Investor Relations||no data||no data||no data|
|Vice President of Compensation||3.17yrs||no data||no data|
|Executive VP||2.08yrs||no data||0.015% |
|Managing Director of Communications||no data||no data||no data|
|Senior VP & Chief Human Resources Officer||1.25yrs||no data||0.036% |
Experienced Management: CXW's management team is seasoned and experienced (5.3 years average tenure).
|Director||2.58yrs||no data||0.050% |
|Independent Director||7.5yrs||US$220.99k||0.028% |
|Independent Director||19.67yrs||US$241.99k||0.042% |
|Independent Director||18.67yrs||US$251.99k||0.040% |
|Independent Director||17.67yrs||US$251.99k||0.027% |
|Independent Director||8.67yrs||US$232.41k||0.041% |
|Independent Director||16.67yrs||US$239.99k||0.059% |
|Independent Chairman of the Board||4.25yrs||US$326.98k||0.054% |
|Independent Director||1.75yrs||US$255.18k||0.000070% |
|Independent Director||4yrs||US$249.99k||0.0082% |
Experienced Board: CXW's board of directors are considered experienced (8.7 years average tenure).
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
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$1.046b
- Shares outstanding: 119.63m
- 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 t ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/06 23:53|
|End of Day Share Price||2020/08/06 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.