Ramstad: The maddening economics of Trump’s $496M Minnesota prison
The federal government, under President Trump, purchased the Prairie Correctional Facility in Appleton, Minnesota, from CoreCivic for $495.6 million, marking the largest real estate transaction in the state's history. This purchase, intended for ICE to hold immigration detainees, is seen as economically wasteful given the prison's history of underutilization and the significantly lower price the state was offered years prior. The move has created uncertainty for Appleton's local economy, which had relied on tax payments from the private prison, and brought national attention to the town regarding immigration issues.
CoreCivic, Inc. (CXW) Options Chain
This article provides detailed options chain data for CoreCivic, Inc. (CXW) for October 16, 2026, including both call and put options. It lists various strike prices, last trade dates, prices, bids, asks, changes, volumes, open interest, and implied volatility. The data shows CXW's stock price at $33.43 at close on October 2, 2026.
Officer Cole G. Carter proposes selling 12,500 shares of CoreCivic (NYSE: CXW).
CoreCivic officer Cole G. Carter has proposed selling 12,500 common shares of the company, valued at approximately $406,375, through LPL Financial with an approximate sale date of October 1, 2026. This proposed sale follows similar transactions in the past three months where Carter sold 12,500 shares each month. The transaction is being reported via an SEC Form 144, which outlines conditions for reselling restricted or insider-held shares.
CoreCivic Inc (CXW) Stock Up 3.1% but GF Value Says Overvalued -- GF Score: 66/100
CoreCivic Inc (CXW) saw its stock rise by 3.1% to $32.67, but GuruFocus's GF Value suggests it is significantly overvalued by 30.6% compared to its intrinsic value of $25.02. The company has a GF Score of 66/100, indicating above-average financial health but facing challenges, particularly in growth (2/10), despite solid profitability (7/10). Insider activity shows $17.6 million in stock sales over the past year with no buying, alongside gurus trimming their positions, suggesting a cautious outlook among institutional investors and executives.
CoreCivic, Inc. (CXW) stock price, news, quote and history
This Yahoo Finance article provides a detailed financial overview of CoreCivic, Inc. (CXW), including its current stock price, historical performance, key financial metrics, and analyst insights. It covers the company's business segments, earnings trends, and a comparison of its returns against the S&P 500. The article also lists related stocks for investor reference.
CoreCivic, Inc. (CXW) Stock Price, News, Quote & History
CoreCivic, Inc. (CXW) stock closed at $32.49, showing a slight increase in after-hours trading. The company, which operates correctional and detention facilities, has seen significant returns over multiple years, outperforming the S&P 500. Analysts currently have an average target price of $41.80 for CXW.
Lucibeth N. Mayberry Named President and CEO of CoreCivic
CoreCivic has appointed Lucibeth N. Mayberry as its new President and CEO, effective September 25, following the resignation of Patrick D. Swindle due to health reasons. Mayberry, who previously served as Executive Vice President and Chief Strategy Officer, has a long history of leadership roles within CoreCivic since joining in 2003. Board Chair Mark Emkes highlighted her deep understanding of the business and proven ability to execute strategic initiatives.
CoreCivic (CXW): Buy, Sell, or Hold Post Q2 Earnings?
CoreCivic (CXW) has seen a significant 67.5% increase in its stock price over the last six months, partly driven by solid Q2 earnings. The company, originally founded as a private prison operator, has demonstrated consistent long-term revenue growth of 5.9% and even stronger EPS growth of 9.7% over the past five years. However, a concerning drop in its free cash flow margin by 7.8 percentage points over the same period suggests increasing investment needs and capital intensity.
CoreCivic shares slip following unexpected CEO transition
CoreCivic Inc. (NYSE:CXW) shares fell 3.3% after an unexpected executive leadership change. Lucibeth N. Mayberry was appointed President and CEO, replacing Patrick D. Swindle, who resigned to pursue cancer treatment. Swindle will serve as a special advisor, and the board supports Mayberry, who brings over two decades of experience to maintain the company's strategic direction.
Lucibeth N. Mayberry Named President and CEO and Director of CoreCivic Patrick D. Swindle Steps Down Due to Health Reasons
CoreCivic, Inc. announced that Lucibeth N. Mayberry has been appointed President and Chief Executive Officer and a Director, succeeding Patrick D. Swindle, who resigned due to health reasons. Mr. Swindle, who has served as CEO since January 2026, is stepping down to pursue treatment for stage four metastatic pancreatic cancer. Ms. Mayberry, previously the Executive Vice President and Chief Strategy Officer, is committed to continuing the company's current capital allocation strategy and focus on operational excellence.
A CEO resigns for health reasons, and CoreCivic (CXW) names a successor.
CoreCivic (CXW) announced that CEO Patrick D. Swindle has resigned due to health reasons, effective September 24, 2026. Lucibeth N. Mayberry, formerly Executive Vice President and Chief Strategy Officer, has been appointed as his successor, also joining the company's Board of Directors. Swindle will serve as a special advisor for two years, while Mayberry's compensation package includes a $900,000 annual salary, a 135% short-term cash incentive target, and a $2.5 million restricted stock unit grant.
Lucibeth N. Mayberry Named President and CEO and Director
CoreCivic, Inc. has appointed Lucibeth N. Mayberry as its new President and Chief Executive Officer, following the resignation of Patrick D. Swindle due to health reasons. Ms. Mayberry, who previously served as Executive Vice President and Chief Strategy Officer, will also join the company's Board of Directors. The company expressed gratitude for Mr. Swindle's contributions and confidence in Ms. Mayberry's leadership to continue its strategic direction.
CoreCivic CEO Resigns, Lucibeth Mayberry Named Successor
CoreCivic CEO Patrick Swindle has resigned due to serious health issues, specifically stage four metastatic pancreatic cancer, effective September 24, 2026. The board has appointed Lucibeth Mayberry as his successor for President, CEO, and director, ensuring continuity in leadership and strategic direction. Swindle will transition into a paid Special Advisor role through 2028.
Corecivic Shares Slip After CEO Resigns for Health Reasons
Corecivic's shares slipped following the announcement that its CEO resigned due to health reasons. This news has led to uncertainty regarding the company's future leadership and strategic direction, impacting investor confidence. The market's reaction reflects concerns about the potential implications of this executive change on the company's operations and financial performance.
Tennessee-based company CoreCivic names new CEO, leadership steps down for health reasons
CoreCivic, a Tennessee-based private prison company, has announced a leadership change with CEO Patrick D. Swindle stepping down due to a stage four metastatic pancreatic cancer diagnosis. Lucibeth N. Mayberry, previously the executive vice president and chief strategy officer, has been named the new president and CEO. Mayberry has a long history with CoreCivic, having served in various roles since 2003, and will continue the company's current capital allocation strategy and focus on operational excellence.
CoreCivic names new CEO after Patrick Swindle steps down due to cancer diagnosis
CoreCivic has appointed Lucibeth Mayberry as its new president and CEO, succeeding Patrick Swindle who stepped down due to a stage four metastatic pancreatic cancer diagnosis. Swindle, who had only been CEO since January 1st, will remain as a special adviser during the transition. Mayberry, a long-time CoreCivic employee, plans to continue the company's current capital allocation strategy and focus on operational excellence.
CoreCivic CEO steps down; 23-year vet takes helm
CoreCivic, one of the nation's largest private prison operators, announced that CEO Patrick Swindle has unexpectedly resigned due to health issues. Lucibeth Mayberry, a 23-year veteran of the company, will take over as the new CEO. This leadership change comes as CoreCivic is experiencing a surge in business under the current administration.
CoreCivic names Lucibeth Mayberry as CEO
CoreCivic announced the immediate appointment of Lucibeth N. Mayberry as President and CEO, and to its board. This follows the resignation of Patrick D. Swindle, who will continue as a special advisor during the transition. Mayberry previously served as executive vice president and chief strategy officer and has held various leadership roles at CoreCivic since 2003.
CoreCivic appoints new CEO as Swindle resigns for health reasons By Investing.com
CoreCivic, Inc. announced the appointment of Lucibeth N. Mayberry as President and CEO, replacing Patrick D. Swindle who resigned due to health reasons, specifically stage four metastatic pancreatic cancer. Mayberry, who previously served as Executive Vice President and Chief Strategy Officer, has been with CoreCivic since 2003 in various leadership roles. Swindle will continue to serve as a special advisor during the transition period.
A CEO resigns to seek treatment for stage four pancreatic cancer. CoreCivic names his successor.
Patrick D. Swindle has resigned as President and CEO of CoreCivic (NYSE: CXW) to pursue treatment for stage four metastatic pancreatic cancer. Lucibeth N. Mayberry has been appointed as his successor, effective September 25, 2026. Mayberry, who has been with CoreCivic since 2003, previously served as Chief Strategy Officer and intends to continue the company's current capital allocation strategy and focus on operational excellence.
New CoreCivic CEO announced as Patrick Swindle leaves to focus on health
CoreCivic, the largest private owner of prisons in the U.S., announced that its president and CEO, Patrick Swindle, has resigned to seek treatment for stage-four pancreatic cancer. Lucibeth Maryberry, previously the executive vice president and chief strategy officer, has been appointed as the new CEO and will also join the board. The company's revenue has increased during President Donald Trump's second term due to increased private prison contracts linked to immigration enforcement.
How a Small Kansas City Became a Critical Hub for Trump’s Deportation Regime Against Its Will
Leavenworth, Kansas, a city with a long correctional history, has become a critical hub in the Trump administration's immigration detention and deportation system, despite strong local opposition. City officials initially fought against CoreCivic's plan to reopen a former maximum-security prison for immigrant detention, incurring significant legal costs, but eventually conceded after CoreCivic offered a substantial financial payment. The facility now operates as a "hub" for ICE in the Midwest, moving detainees through a system that attorneys describe as chaotic and undermining due process.
CoreCivic stock holds near 52-week high as detention revenues grow
CoreCivic's stock is trading near its 52-week high, closing at USD 35.26 on September 18, 2026, driven by robust detention revenues. The company reported USD 2.20 billion in revenue for 2025, a 13% increase from 2024, attributed to strong demand for immigration and prison detention services. Analysts maintain a "Buy" rating with an average price target of USD 39.40, suggesting potential upside.
CoreCivic Price Target Maintained With a $42.00/Share by Jones Trading
Jones Trading has maintained its price target for CoreCivic (NYSE:CXW) at $42.00 per share. This indicates the firm's continued positive outlook on the stock's valuation. Investors can refer to the full analyst rating for more details on the rationale behind this price target.
CoreCivic stock hits 52-week high at 36.12 USD
CoreCivic's stock reached a new 52-week high of $36.12, reflecting positive investor sentiment and strategic advancements. The company reported strong Q2 2026 financial results, including adjusted earnings and revenue exceeding forecasts. Recent activities like the sale of four facilities to the Department of Homeland Security and a significant share repurchase program further contribute to its growth and liquidity enhancement efforts.
ICE Revives Former “Hellhole” Prison — And Hires the Same Company To Run It
ICE has reopened a former federal prison in Leavenworth, Kansas, previously described as a "hellhole," for immigrant detention, with CoreCivic continuing to operate the facility. Despite community opposition and past issues of overcrowding, understaffing, and violence, CoreCivic pushed to reopen, promising jobs and economic benefits that critics say have not materialized. Former employees detail unsafe conditions and severe injuries, highlighting concerns about CoreCivic's profit-driven approach compromising the safety and well-being of both staff and detainees.
Swift County agrees to $540,000 in payments annually from CoreCivic
Swift County has approved a memorandum of understanding with CoreCivic, agreeing to receive $540,000 annually while the company operates the Appleton Detention Facility. This payment includes an initial $200,000 in 2026, followed by monthly payments of $45,000 starting in 2027. The agreement aims to compensate the county for potential increased costs related to public safety, road maintenance, housing, and child care due to the facility's operation.
CoreCivic (NYSE: CXW) EVP offloads 20,000 shares
CoreCivic (CXW) executive Daren Swenson, EVP and Chief Corrections & Reentry Officer, sold 20,000 shares of common stock on September 11, 2026, at $34.85 per share. Following this transaction, Swenson directly holds 142,666 shares and indirectly holds 4,625 shares through his spouse, though he disclaims beneficial ownership of the latter. This sale was not executed under a Rule 10b5-1 trading plan.
CoreCivic (NYSE:CXW) Builds Breakout Setup With 10/10 Technical Rating and Tight Consolidation
CoreCivic (NYSE:CXW) exhibits a strong technical profile with a 10/10 Technical Rating, indicating positive short-term and long-term trends and outperformance against 94% of stocks in the past year. The stock also presents a high-quality consolidation setup with a Setup Rating of 9/10, suggesting a potential breakout opportunity with defined risk parameters. Investors should consider the provided entry and exit points but be aware of market risks and conduct further research.
CoreCivic (NYSE:CXW) EVP Daren Swenson Sells 20,000 Shares of Stock
CoreCivic (NYSE:CXW) EVP Daren Swenson sold 20,000 shares of company stock for $697,000, reducing his direct ownership by 12.3%. The sale occurred as CoreCivic shares traded near their 12-month high, following strong quarterly earnings, revenue beats, and the announcement of a $500 million share buyback program. Analysts maintain a "Buy" rating for the stock with a consensus price target of $37.00.
VIRGINIA RETIREMENT SYSTEMS ET Al Makes New Investment in CoreCivic, Inc. $CXW
Virginia Retirement Systems ET Al has acquired a new stake in CoreCivic, Inc. (NYSE:CXW), purchasing 64,850 shares valued at approximately $1.97 million. This investment comes as CoreCivic reports strong quarterly earnings, beating analyst estimates, and authorizes a significant $500 million share repurchase program. Despite a consensus "Buy" rating from analysts, there has been notable insider selling totaling $15.4 million over the past three months.
CoreCivic EVP Daren Swenson sells $697,000 in shares
CoreCivic Executive Vice President Daren Swenson sold 20,000 shares of the company's stock for $697,000 on September 11, 2026, with shares trading near a 52-week high. This transaction follows strong second-quarter results for CoreCivic, including exceeding analyst expectations for earnings and revenue, significant facility sales, and a substantial share repurchase program. StoneX has maintained a Buy rating on CXW with a $45 price target.
StoneX reiterates Buy on CoreCivic stock, $45 target maintained
StoneX has reiterated a Buy rating and a $45 price target for CoreCivic stock, maintaining a positive outlook after recent facility sales and share repurchase activities. Despite the stock trading near its 52-week high and InvestingPro analysis suggesting it might be overvalued, the firm highlights CoreCivic's aggressive share buybacks and strong second-quarter financial results. The company's strategy includes facility sales to the Department of Homeland Security and a significant share repurchase program, indicating a focus on enhancing shareholder value and financial stability.
Memorandum OK’d between city of Appleton, Minnesota, and CoreCivic
The Appleton City Council has approved a memorandum of understanding with CoreCivic, the company managing the new ICE detention facility in Appleton. The agreement provides the city with over $1 million in payments for services, including an initial $1.5 million lump sum and annual payments of $1.26 million. While the city secured an extension on the payment termination clause from 30 to 90 days, concerns remain about the financial impact and how funds will be managed, especially since the facility's federal ownership will eliminate previous property taxes.
CoreCivic Inc stock hits 52-week high at $34.88
CoreCivic Inc (CXW) stock reached a 52-week high of $34.88, marking a significant increase of 70.29% over the past year and 82% year-to-date. This surge reflects strong investor confidence and solid company performance. Recent financial results show CoreCivic surpassed Wall Street expectations with adjusted earnings of $0.38 per share and revenue of $684.9 million, alongside major facility sales and a $500 million accelerated share repurchase agreement.
AXQ Capital LP Invests $933,000 in CoreCivic, Inc. $CXW
AXQ Capital LP has acquired a new stake of 30,700 shares, valued at $933,000, in CoreCivic, Inc. during the second quarter. This comes as CoreCivic reported strong quarterly earnings, beating analyst expectations with $0.38 EPS and $684.9 million in revenue, and authorized a $500 million share repurchase program. Despite positive analyst sentiment and an average "Buy" rating, insiders have sold approximately $14.7 million worth of shares in the past 90 days.
Jupiter Topco LLC Takes $1.34 Million Position in CoreCivic, Inc. $CXW
Jupiter Topco LLC has acquired a new stake of 44,116 shares in CoreCivic, Inc. (NYSE:CXW), valued at approximately $1.34 million. This investment comes as CoreCivic reported strong quarterly earnings, beating analyst expectations, and authorized a $500 million stock repurchase program. Despite significant insider selling totaling $14.7 million in the past three months, analysts maintain a "Buy" rating for CXW with an average price target of $37.
The Manufacturers Life Insurance Company Purchases New Shares in CoreCivic, Inc. $CXW
The Manufacturers Life Insurance Company recently acquired 48,005 shares of CoreCivic (NYSE:CXW) valued at $1.46 million in Q2. CoreCivic reported strong quarterly earnings, exceeding analyst expectations, and authorized a $500 million share repurchase program. Despite a "Buy" consensus rating and a $37 price target, insiders have sold a significant number of shares recently.
230,112 Shares in CoreCivic, Inc. $CXW Purchased by Legal & General Group Plc
Legal & General Group Plc recently acquired 230,112 shares of CoreCivic, Inc. (CXW) worth approximately $6.99 million, representing a 0.23% stake in the company. Despite significant insider selling totaling $14.7 million over the past 90 days, institutional investors collectively own 85.13% of CoreCivic. The company maintains a "Buy" rating from analysts with a $37 price target, exceeded Q2 earnings and revenue estimates, and authorized a $500 million share repurchase program.
CoreCivic chief administrative officer Cole Carter sells $405,500 in stock
CoreCivic's Chief Administrative Officer, Cole G. Carter, sold 12,500 shares of the company's stock for $405,500 on September 1, 2026. This sale was conducted under a Rule 10b5-1 trading plan. Following the transaction, Mr. Carter beneficially owns 178,383 shares, and the company's stock has seen a 74% year-to-date increase.
CoreCivic offers $1M in compensation to city of Appleton, Minnesota
CoreCivic has offered Appleton, Minnesota, an initial $1.5 million and then $1.26 million annually to compensate the city for services required to reopen the former Prairie Correctional Facility as an immigration detention center. The city council discussed a draft memorandum of understanding, seeking modifications to the termination clause to ensure adequate time to adjust to any payment suspensions. The facility, now called the Appleton Detention Facility, is expected to be fully operational by spring 2027 and will create about 525 jobs, though the sale of the property to the federal government will result in a loss of property tax revenue for the city.
Bank of New York Mellon Corp Acquires New Shares in CoreCivic, Inc. $CXW
Bank of New York Mellon Corp has acquired 609,466 shares of CoreCivic, Inc. (NYSE:CXW) for approximately $18.5 million, representing a 0.62% stake in the company. This comes as CoreCivic reported strong quarterly earnings, beating analyst expectations, and authorized a $500 million share buyback program. Despite positive analyst ratings, recent insider selling activity has been noted.
47,213 Shares in CoreCivic, Inc. $CXW Purchased by Capital Advisors Inc. OK
Capital Advisors Inc. OK recently purchased 47,213 shares of CoreCivic, Inc. (NYSE:CXW) valued at approximately $1.43 million, increasing institutional ownership to 85.13%. This comes as CoreCivic beat quarterly earnings expectations and authorized a $500 million share repurchase plan, despite recent insider stock sales totaling $14.7 million. Analysts maintain a "Buy" consensus with an average price target of $37.00.
Empowered Funds LLC Makes New $10.22 Million Investment in CoreCivic, Inc. $CXW
Empowered Funds LLC has made a new investment of $10.22 million in CoreCivic, Inc., acquiring 336,331 shares and taking a 0.34% stake in the company. Institutional investors now collectively own 85.13% of CoreCivic, and analysts maintain a "Buy" rating with an average price target of $37. The company recently surpassed quarterly EPS and revenue estimates, with revenue increasing by 27.3% year-over-year, and has authorized a $500 million share repurchase program.
CoreCivic, Inc. | 4: Statement of changes in beneficial ownership of securities
This document is a statement of changes in beneficial ownership of securities for CoreCivic, Inc. It details transactions related to the company's stock, particularly focusing on how beneficial ownership has been altered.
CoreCivic EVP Anthony Grande sells $425,291 in company stock
CoreCivic EVP Anthony Grande sold 12,564 shares of company stock for approximately $425,291. The sales occurred on August 26, 2026, with share prices ranging from $33.50 to $34.14. This insider sale comes as CoreCivic stock trades near its 52-week high after a 92% surge, and InvestingPro analysis suggests the stock may be overvalued despite recent strong financial results and strategic maneuvers.
Park West Asset Management LLC Makes New Investment in CoreCivic, Inc. $CXW
Park West Asset Management LLC has made a significant new investment in CoreCivic, Inc. (NYSE:CXW), acquiring 898,947 shares valued at approximately $27.3 million, making CXW its 23rd-largest holding. The article highlights CoreCivic's strong performance, exceeding quarterly expectations with EPS of $0.38 and revenue of $684.9 million, alongside a new $500 million share repurchase program. Despite favorable analyst ratings and high institutional ownership, concerns include substantial insider selling and a significant surge in short interest.
CoreCivic, Inc. (NYSE:CXW) Short Interest Up 331.5% in August
CoreCivic, Inc. (NYSE:CXW) experienced a significant 331.5% increase in short interest during August, reaching over 15.4 million shares. Despite this, analysts maintain a "Buy" rating with a consensus target price of $37.00, and the company recently outperformed earnings expectations while authorizing a $500 million share repurchase program.
CoreCivic (CXW) EVP sells 7,436 shares at $34.25
CoreCivic, Inc. (CXW) Executive Vice President and Chief Development Officer, Anthony L. Grande, sold 7,436 shares of company common stock on August 24, 2026, at a price of $34.25 per share. Following this open market transaction, Grande directly holds 157,346 shares of CoreCivic common stock. The sale was not conducted under a Rule 10b5-1 trading plan.
Anthony Grande Sells 7,436 Shares of CoreCivic (NYSE:CXW) Stock
CoreCivic EVP Anthony Grande sold 7,436 shares of CoreCivic (NYSE:CXW) stock for a total of $254,683, reducing his direct stake by 4.51%. The company recently reported strong quarterly earnings, beating estimates, and authorized a $500 million share repurchase plan. Despite a slight dip in share price, analysts maintain a "Buy" rating with a $37 average price target.
