Stock Analysis Report

Executive Summary

The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways.


Trading at 69.1% below its fair value

Earnings grew by 18.6% over the past year

Risk Analysis

Earnings have declined by -4.53% per year over past 5 years

Unstable dividend track record

Snowflake Analysis

Undervalued with proven track record.

Similar Companies

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.

Market Performance

7 Day Return






US Market

1 Year Return






US Market

Return vs Industry: CXW underperformed the US REITs industry which returned 16.2% over the past year.

Return vs Market: CXW underperformed the US Market which returned 20.1% over the past year.

Shareholder returns

7 Day1.6%3.0%1.5%
30 Day4.0%4.5%1.4%
90 Day9.0%6.1%8.7%
1 Year-8.9%-17.2%20.9%16.2%22.7%20.1%
3 Year-34.6%-48.6%40.7%23.1%50.1%40.5%
5 Year-38.3%-58.4%57.9%25.3%73.1%54.1%

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


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 ($16.85) is trading below our estimate of fair value ($54.56)

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 (10.6x) compared to the REITs industry average (37.3x).

PE vs Market: CXW is good value based on its PE Ratio (10.6x) compared to the US market (18.4x).

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).

Next Steps

Future Growth

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.

Next Steps

Past Performance

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 6.9%.

Return on Equity

High ROE: CXW's Return on Equity (13.7%) is considered low.

Return on Assets

Return on Capital Employed

Next Steps

Financial Health

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

Balance Sheet

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.

Next Steps


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 (10.45%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: CXW's dividend (10.45%) is in the top 25% of dividend payers in the US market (3.69%)

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.

Next Steps


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 ($USD4.12M) is about average for companies of similar size in the US market ($USD3.76M).

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

Leadership Team

Damon Hininger
President10.3yrsUS$4.12m0.19% $3.8m
David Garfinkle
Executive VP & CFO5.8yrsUS$1.98m0.10% $2.0m
Anthony Grande
Executive VP & Chief Development Officer12.4yrsUS$2.02m0.063% $1.3m
Lucibeth Mayberry
Executive Vice President of Real Estate4.8yrsUS$1.87m0.065% $1.3m
Patrick Swindle
Executive VP & Chief Corrections Officer2.1yrsUS$1.86m0.020% $408.0k
John Pfeiffer
Chief Information Officer & VP of Technology17.5yrsno datano data
Cameron Hopewell
Managing Director of Investor Relations0yrsno datano data
Ben Elrod
Vice President of Compensation2.7yrsno datano data
Cole Carter
Executive VP1.6yrsno data0.0037% $75.1k
Steve Owen
Managing Director of Communications0yrsno datano data


Average Tenure


Average Age

Experienced Management: CXW's management team is seasoned and experienced (5.3 years average tenure).

Board Members

Damon Hininger
President10.3yrsUS$4.12m0.19% $3.8m
Harley Lappin
Director2.1yrsUS$2.16m0.044% $874.7k
Robert Dennis
Independent Director7yrsUS$209.01k0.023% $456.1k
John Prann
Independent Director19.2yrsUS$229.01k0.037% $742.1k
Charles Overby
Independent Director18.2yrsUS$237.01k0.035% $694.9k
Thurgood Marshall
Independent Director17.2yrsUS$237.01k0.022% $435.1k
Anne Mariucci
Independent Director8.2yrsUS$218.16k0.036% $719.2k
Donna Alvarado
Independent Director16.2yrsUS$227.01k0.049% $988.5k
Mark Emkes
Independent Chairman of the Board3.8yrsUS$314.01k0.049% $992.3k
Stacia Hylton
Independent Director3.5yrsUS$235.01k0.0096% $192.2k


Average Tenure


Average Age

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

CoreCivic, Inc.'s company bio, employee growth, exchange listings and data sources

Key Information

  • 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
  • Brentwood
  • Tennessee
  • 37027
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CXWNYSE (New York Stock Exchange)YesCommon SharesUSUSDJul 1997
PSRADB (Deutsche Boerse AG)YesCommon SharesDEEURJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 23:38
End of Day Share Price2020/02/14 00:00
Annual Earnings2019/12/31

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.