CoreCivic sells Cal City ICE Detention Facility to DHS for over $730M
CoreCivic has sold its California City ICE detention facility and the Otay Mesa Detention Center to the U.S. Department of Homeland Security for a combined total of around $1.5 billion, with CoreCivic expecting to net about $1.1 billion. The company anticipates continuing to manage both facilities under existing contracts with ICE, although the terms may change. The Cal City facility has faced significant community opposition and criticism regarding poor detainee conditions, with local officials and the California Attorney General raising concerns about its operations prior to the sale.
CoreCivic sells Otay Mesa Detention Center to Federal government in $1.5 billion deal
CoreCivic has sold two California detention facilities, including the Otay Mesa Detention Center, to the U.S. Department of Homeland Security for a gross sale of $1.5 billion. The company expects to continue managing both facilities under existing contracts, but noted that future terms are not guaranteed. The Otay Mesa facility recently drew attention due to a lawsuit related to denied access for a public health investigation.
CoreCivic Sells Two Detention Centers to U.S. Government for $1.5 Billion
CoreCivic has sold two detention centers to the U.S. government for $1.5 billion. This sale highlights a significant transaction in the private corrections industry. The deal involves substantial financial figures and transfers ownership of the facilities to federal control.
CoreCivic Inc stock hits 52-week high at 32.26 USD
CoreCivic Inc (CXW) stock has reached a new 52-week high of $32.26, reflecting a 37.73% increase over the past year and a 62% year-to-date return. This surge is attributed to favorable business conditions and strategic initiatives, despite an InvestingPro analysis suggesting the stock is currently overvalued compared to its Fair Value. Recent positive developments include strong Q1 2026 financial results, the sale of two detention facilities for $1.5 billion, and a raised price target from Benchmark.
CoreCivic Sells Two Detention Facilities
CoreCivic, Inc. announced the sale of two detention facilities, the California City Detention Facility and the Otay Mesa Detention Center, to the U.S. Department of Homeland Security for an aggregate gross sales price of $1.5 billion. After taxes and expenses, the company expects net proceeds of approximately $1.1 billion, which will be used to repay outstanding debt and for general corporate purposes, including potential share repurchases and growth opportunities. CoreCivic anticipates continuing to manage these facilities under existing contracts with ICE, while also exploring potential additional sales of detention facilities.
CoreCivic (NYSE: CXW) nets about $1.1B from major ICE facility sales
CoreCivic (NYSE: CXW) has sold two of its major ICE detention facilities, the California City Detention Facility and the Otay Mesa Detention Center, to the U.S. Department of Homeland Security for a combined gross price of $1.5 billion. After taxes and transaction expenses totaling approximately $0.4 billion, the company anticipates net proceeds of $1.1 billion. CoreCivic plans to use these funds primarily for debt repayment and potentially for additional debt reduction and share repurchases, while maintaining its role in managing these facilities under existing contracts.
CoreCivic gets $1.5B for two California detention centers
CoreCivic (NYSE: CXW) has sold its California City Detention Facility and Otay Mesa Detention Center to the U.S. government for a total of $1.5 billion. After taxes and expenses, the company expects to net approximately $1.1 billion, which it plans to use primarily for debt repayment and other corporate purposes, including potential share repurchases. CoreCivic will continue to manage both facilities under existing ICE contracts, though future management and contract terms are not guaranteed.
CoreCivic Sells Two Detention Facilities
CoreCivic, Inc. announced the sale of two detention facilities, the California City Detention Facility and the Otay Mesa Detention Center, to the United States Department of Homeland Security for an aggregate gross sales price of $1.5 billion. The company expects net proceeds of approximately $1.1 billion after taxes and expenses, which will be used to repay outstanding debt and for general corporate purposes, including potential share repurchases. CoreCivic anticipates continuing to manage these facilities under existing contracts with ICE, while also exploring further potential sales of detention facilities to ICE.
Insider Sell: Cole Carter Sells 12,500 Shares of CoreCivic Inc (CXW)
Cole Carter, Chief Administrative Officer of a CoreCivic Inc subsidiary, sold 12,500 shares of the company on July 1, 2026, increasing his total insider sales over the past year to 62,500 shares with no purchases. CoreCivic Inc (CXW) is currently trading at $30.46, significantly overvalued compared to its GF Value of $21.84, with a price-earnings ratio of 25.21, which is higher than both the industry median and its historical median.
Form 4 CoreCivic Inc For: 1 July By Investing.com
This article from Investing.com announces the filing of a Form 4 for CoreCivic Inc. on July 1st. It also includes general market data, popular news headlines, and various financial instruments and tools. The core content focuses on the Form 4 filing for the company CXW.
Form 4 CoreCivic Inc For: 1 July By Investing.com
The article "Form 4 CoreCivic Inc For: 1 July By Investing.com" reports on a Form 4 filing for CoreCivic Inc. dated July 1st. It provides various financial market data and news headlines but does not offer specific details about the Form 4 filing itself. The article also lists current stock performances and other financial indicators.
CoreCivic CAO Cole Carter sells $380,750 in shares
Cole G. Carter, Chief Administrative Officer of CoreCivic, Inc. (NYSE:CXW), sold 12,500 shares of company stock for a total of $380,750, with shares trading near a 52-week high after a 59% surge. The sale was executed under a Rule 10b5-1 trading plan. This transaction comes amidst recent positive financial reports for CoreCivic and an increased price target from Benchmark.
CoreCivic (CXW) CAO 10b5-1 sale leaves 203,383 shares held
CoreCivic's Chief Administrative Officer, Cole G. Carter, reported an open-market sale of 12,500 shares of common stock at a weighted average price of $30.46 per share. This transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Following the sale, Carter directly holds 203,383 shares of CoreCivic common stock.
How CoreCivic’s Shift Into Value‑Defensive Indices Will Impact CoreCivic (CXW) Investors
CoreCivic (CXW) has been reclassified from growth to value-defensive indices by Russell, indicating a shift in its perceived risk-return characteristics. This reclassification, driven by CoreCivic's reliance on capital returns and policies related to federal detention demand, encourages a more income and risk-aware investor base. While the immediate investment narrative around contract wins remains, the reclassification highlights increased scrutiny on policy dependence, balance sheet pressure, and the company's funding strategies for growth and share repurchases.
Cole G Carter to sell 12,500 shares monthly (CXW)
Cole G Carter has filed a Form 144 notice indicating his intention to sell 12,500 shares of CoreCivic (CXW) common stock each month for three consecutive months, starting in April 2026. The proposed sales are expected to generate gross proceeds of $236,212.00, $257,680.00, and $262,017.00 respectively. This filing also reports a past RSU vesting event of 73,348 shares on March 6, 2025.
CoreCivic, Inc.(NYSE: CXW) dropped from Russell 3000 Growth Benchmark
CoreCivic, Inc. (NYSE: CXW) has been removed from the Russell 3000 Growth Benchmark. This news comes after a series of related announcements where the company was also dropped from the Russell 3000E Growth, Russell 2500 Growth, and Russell 2000 Growth Benchmarks, but added to the Russell 2000 Value-Defensive Index. The article also provides recent financial details, including Q1 2026 earnings and an increased earnings guidance for the full year.
Benchmark Co. Maintains CoreCivic, Inc.(CXW.US) With Buy Rating, Raises Target Price to $36
Benchmark Co. has reiterated its Buy rating on CoreCivic, Inc. (CXW.US) and increased its target price to $36. This indicates a positive outlook from the analyst firm regarding the company's future performance and stock value.
CoreCivic, Inc.(NYSE: CXW) dropped from Russell 2500 Growth Benchmark
CoreCivic, Inc. (NYSE: CXW) has been removed from the Russell 2500 Growth Benchmark, according to an announcement on June 28, 2026. This exclusion is one of several recent changes for the company within Russell indexes, including being dropped from the Russell 3000E Growth, Russell 3000 Growth, Russell Small Cap Comp Growth, and Russell 2000 Growth Benchmarks, while being added to the Russell 2000 Value-Defensive Index and Russell 2000 Defensive Index. The article also provides recent financial performance details and company profile information for CoreCivic, Inc.
CoreCivic stock hits 52-week high at $30.83
CoreCivic (CXW) stock reached a new 52-week high of $30.83, reflecting a 47.14% increase over the past year and even stronger returns in recent months. Despite an InvestingPro analysis suggesting the stock is overvalued and overbought, the company recently reported strong Q1 2026 financial results, surpassing analyst expectations, and received a raised price target from Benchmark. Recent developments in Homeland Security policy and the company's annual meeting are also highlighted as factors influencing investor sentiment.
Northland Securities Maintains CoreCivic, Inc.(CXW.US) With Buy Rating, Raises Target Price to $40
Northland Securities has reiterated its Buy rating for CoreCivic, Inc. (CXW.US) and increased its target price to $40. This reflects a positive outlook from the firm regarding the company's financial prospects.
CXW Forecast — Price Target — Prediction for 2027
This article provides a forecast for CoreCivic, Inc. (CXW) stock, including analyst price targets, historical performance, and financial metrics. Analysts have set a one-year price target of $32.17, with a maximum estimate of $40.00 and a minimum of $28.00. The company's stock has seen significant increases over the past year, and it is expected to release its next earnings report on August 10, 2026.
Enterprise value to revenue forward of CoreCivic, Inc. – NYSE:CXW
This article focuses on the enterprise value to revenue forward metric for CoreCivic, Inc. (NYSE: CXW). It appears to be a stub or a data-only entry, providing the company's stock exchange listing and indicating where financial data can be found on the platform. The content is primarily navigational and platform-related rather than a detailed analysis.
Price to sales forward of CoreCivic, Inc. – NYSE:CXW
This article displays the "Price to sales forward" metric for CoreCivic, Inc. (NYSE: CXW) on TradingView. It appears to be a financial data snippet, showing the specific value, change, and percentage change for this metric, indicating minimal content beyond the data point itself.
How Corecivic Inc. (CXW) Affects Rotational Strategy Timing
This article from Stock Traders Daily analyzes Corecivic Inc. (CXW) and its potential impact on rotational strategy timing, based on AI-generated signals. It highlights strong near and mid-term sentiment, potential for long-term extension, and three distinct institutional trading strategies (Position, Momentum Breakout, and Risk Hedging). The analysis provides entry zones, targets, stop-loss levels, and multi-timeframe signal strengths for CXW.
CoreCivic Stock 17-Day Winning Spree: Stock Climbs 41%
This article reports on CoreCivic (CXW) stock experiencing a 17-day winning streak, resulting in a 41% increase in its stock price. The content indicates this is a financial news update.
CoreCivic on Track for Highest Close Since June 2017 -- Data Talk
CoreCivic (CXW) is poised to close at its highest level since June 2017, marking a significant upward trend. The stock has been trading positively since early 2020, with rising average daily trading volume supporting its price performance.
CoreCivic Stock Rockets 41% With 16-Day Winning Streak
CoreCivic (NYSE: CXW) stock has experienced a significant surge, rising 41% over a 16-day winning streak. This impressive performance highlights strong market momentum for the company.
Former CoreCivic CEO Damon Hininger Eyes US Senate Seat in Tennessee
Damon Hininger, former CEO of private prison operator CoreCivic, has expressed interest in running for a U.S. Senate seat in Tennessee, potentially replacing Sen. Marsha Blackburn if she runs for governor. Hininger has been active in Republican politics, including chairing a state Republican dinner and financially supporting Blackburn's gubernatorial campaign. His past at CoreCivic, a company under federal investigation for civil rights violations and previously benefiting from Trump's immigration policies, has drawn criticism, particularly from criminal justice reform advocates.
CoreCivic Stock Surges 41%, With A 15-Day Winning Spree
This article reports a significant surge in CoreCivic's stock price, which has increased by 41% and is currently experiencing a 15-day winning streak. The content provided is minimal, focusing only on this stock performance without further details or analysis. The rest of the page seems to be navigation and legal disclaimers.
CoreCivic Inc (CXW) Risk Assessment: Volatility, Financial Risk & Investment Risk
This article provides a risk assessment for CoreCivic Inc (CXW), detailing its volatility, financial risk, and investment risk. It highlights the company's risk assessment score of 6.72 within the Professional & Commercial Services industry and its beta value of 0.68, indicating it tends to underperform in up markets but has smaller declines in down markets. The analysis also includes various financial metrics such as maximum drawdown, volatility, Sharpe Ratio, and liquidity.
CoreCivic (CXW) Stock Is Up, What You Need To Know
Shares of CoreCivic (CXW), a private prison operator, rose by 3.2% following reports that Immigration and Customs Enforcement (ICE) revised national detention standards, a move anticipated to benefit private contractors. This news extends the stock's 14-day winning streak, during which it climbed 37% and reached a new 52-week high of $29.86 per share. Despite a previous 12.2% drop due to missed Q3 profit expectations and lowered full-year guidance, CoreCivic is up 57% year-to-date.
CoreCivic Stock Rockets 37% With 14-Day Winning Streak
CoreCivic (CXW) stock has seen a significant 37% gain over a 14-day winning streak, boosting its market cap to $2.9 billion. Despite this surge, Trefis assesses the stock as "Fairly Priced" due to its moderate operating performance and financial condition. The article highlights that these gains are already priced into the market and emphasizes the need for predictive signals to identify future winners.
Why CoreCivic’s residential reentry centers matter in daily life
CoreCivic's residential reentry centers provide a structured environment for individuals transitioning from prison back into daily life. These centers offer services like job placement, addiction treatment, and practical life coaching, acting as halfway houses under government contract. While criticized for being profit-driven, supporters argue they offer a more effective pathway to rehabilitation than direct release, with CoreCivic focusing on "reentry solutions" to emphasize positive outcomes.
Guards at privately run Tennessee prison to wear body cameras
Tennessee's private prison operator, CoreCivic, will implement body cameras for officers at the Trousdale Turner Correctional Center, costing an estimated $350,000. This pilot program, delayed until September 1st, will not make much of the captured video subject to the state's Public Records Act due to security concerns and existing exemptions. The initiative follows scrutiny over a riot and a federal civil rights investigation at the facility.
CoreCivic Stock 14-Day Winning Spree: Stock Climbs 37%
CoreCivic (NYSE: CXW) stock has experienced a significant increase, climbing 37% over a 14-day winning streak. This article highlights the impressive recent performance of CXW shares.
CoreCivic (CXW) Is Up 7.6% After Beating Q1 Estimates Is Its Narrative Shifting?
CoreCivic (CXW) reported strong first-quarter results, exceeding analyst expectations in revenue and earnings, and demonstrating the fastest revenue growth among its peers. This performance, along with a significant share repurchase, suggests that the company is effectively converting government demand into financial gains. While the earnings beat reinforces demand conversion, the article highlights that the key near-term catalyst remains securing major contracts, and the biggest risk is policy shifts and contract concentration, particularly with ICE and U.S. Marshals.
CoreCivic Inc stock hits 52-week high at 28.64 USD By Investing.com
CoreCivic Inc (CXW) stock reached a new 52-week high of $28.64, demonstrating robust performance with a 38.35% increase over the past year and 47.41% year-to-date returns. Despite appearing overvalued according to InvestingPro analysis, the company reported strong Q1 2026 financial results, surpassing analyst expectations with adjusted EPS of $0.40 and revenue of $614.7 million. This performance highlights the company's resilience and strategic market positioning.
CoreCivic Inc (CXW) Earnings Forecast: Future EPS & Revenue Growth Estimates
CoreCivic Inc (CXW) currently holds an earnings forecast score of 8.00, placing it 33rd out of 161 in its industry. Analysts have set an average price target of $29.50, with forecasts ranging from $28.00 to $32.00, and predominantly recommend a "Buy" for the stock. The company's expected revenue for the next quarter is $615.79 million, with an anticipated EPS of $0.33, following a previous quarter's EPS of $1.09 against an expectation of $0.38.
Attorney General Bonta Urges City Leaders to Reject CoreCivic’s Applications for Continued Use of California City Detention Facility
California Attorney General Rob Bonta is urging leaders in California City to reject CoreCivic's applications for a business license and site plan for its immigrant detention facility. Bonta cites concerns about the facility's operation without proper permits, inadequate staffing, and substandard conditions discovered during state inspections, violating city municipal codes. He argues that CoreCivic's applications are incomplete and misleading, and that the facility's use as an immigrant detention center violates zoning regulations.
CoreCivic Inc (CXW) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis of CoreCivic Inc (CXW), detailing its current valuation score and P/E ratio. The company's valuation score is 8.06, ranking it 112 out of 161 in the Professional & Commercial Services industry. Its P/E ratio stands at 22.66, which is significantly below its recent high and above its recent low.
California Attorney General urges Cal City to reject applications for CoreCivic immigration detention facility
California Attorney General Rob Bonta has urged California City leaders to reject CoreCivic's applications for a business license and site plan review for an immigration detention facility. Bonta argues that CoreCivic began operating the facility without proper permits and has been cited for numerous violations, including inadequate medical care and understaffing. The facility, which is the largest in California, reportedly opened in August 2025 before securing necessary city approvals.
California Attorney General urges Cal City to reject applications for CoreCivic immigration detention facility
California Attorney General Rob Bonta has urged California City to reject CoreCivic's applications to operate an immigration detention facility, citing concerns about its premature opening without proper permits, inadequate medical care, and unsanitary conditions. Bonta argues that CoreCivic's operations violate municipal codes and that the city should not approve its business license or site plan applications due to incomplete and misleading information. Despite the Attorney General's recommendations, Cal City Mayor Marquette Hawkins stated that these are only recommendations and the city will proceed with the appeals process fairly.
Top 3 Industrials Stocks That May Keep You Up At Night This Month
This article highlights three industrial stocks—CoreCivic (CXW), Hurco Companies (HURC), and GEO Group (GEO)—that are currently considered overbought based on their Relative Strength Index (RSI) values above 70. All three companies have reported strong financial results and significant stock gains in the past month, suggesting potential for short-term volatility. Investors are advised to consider momentum as a key factor in their trading decisions for these stocks.
CoreCivic Stock Rockets 32% With 11-Day Winning Streak
CoreCivic (CXW) stock has surged 32% over an 11-day winning streak, increasing its market cap by $660 million to $2.7 billion. Despite this recent performance, Trefis analysts describe the stock as "Fairly Priced" due to a mix of moderate operating performance, financial condition, and valuation. The article emphasizes the importance of predictive signals over notifications for identifying future winning stocks, suggesting interested investors look into the Trefis High Quality Portfolio.
CoreCivic Stock Rockets 32% With 11-Day Winning Streak
CoreCivic (CXW) stock has experienced an 11-day winning streak, resulting in a 32% cumulative gain and increasing its market cap by $660 million to $2.7 billion. Despite this surge, Trefis assesses CXW as "Fairly Priced" due to a moderate operating performance and financial condition. The article highlights that these gains are already priced in by the market and promotes Trefis's High Quality Portfolio for predictive signals to identify future winners.
New price point sharpens CoreCivic’s Trousdale Turner facility contract profile
CoreCivic's Trousdale Turner Correctional Center in Tennessee is a key asset that underpins a significant portion of the company’s real estate services business. The facility operates under contract with the Tennessee Department of Correction, providing integrated secure housing and various services with pricing tied to per-diem rates. This facility highlights CoreCivic's strategy of combining real estate, operations, and government contracting into a recurring-revenue model, helping to stabilize revenue streams and influence overall occupancy metrics despite operating in a politically sensitive and heavily scrutinized sector.
Why CoreCivic's former CEO Damon Hininger is raising political cash and capital
Damon Hininger, former CEO of CoreCivic Inc., retired at the end of 2025 after 33 years with the company. Three months after his retirement, Vice President JD Vance visited him, indicating Hininger's new aspirations. This article explores his move from leading a company that runs prisons to engaging in political fundraising.
CoreCivic stock hits 52-week high at 25.44 USD
CoreCivic Inc.'s stock reached a new 52-week high of $25.44, experiencing a nearly 16% surge in the past week and a 17.96% increase over the last year. Despite an InvestingPro tip suggesting the stock is in overbought territory and appears overvalued relative to its Fair Value, its PEG ratio of 0.32 indicates attractive growth potential. The company recently surpassed Q1 2026 earnings and revenue estimates and approved all proposals at its annual meeting, while Homeland Security Secretary Markwayne Mullin announced the cancellation of certain pending contracts.
CoreCivic stock hits 52-week high at 25.44 USD By Investing.com
CoreCivic Inc. (CXW) saw its stock reach a 52-week high of $25.44, following a nearly 16% surge in the past week and a 17.96% increase over the last year. Despite an InvestingPro tip suggesting the stock is in overbought territory, its PEG ratio of 0.32 indicates potential for growth, even while appearing overvalued relative to its Fair Value. The company recently reported strong Q1 2026 financial results, surpassing analyst expectations for EPS and revenue, and held its annual meeting where shareholders approved all proposals and elected directors.
CoreCivic stock hits 52-week high at 25.44 USD By Investing.com
CoreCivic Inc.'s stock has reached a new 52-week high of $25.44, experiencing a nearly 16% surge in the past week and a 17.96% increase over the last year. Despite an InvestingPro tip suggesting the stock is in overbought territory, its PEG ratio indicates attractive growth potential. The company recently reported strong Q1 2026 financial results, surpassing analyst expectations for EPS and revenue, and held a successful annual meeting where eleven directors were elected.
