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CoreCivic Inc - CXW STOCK NEWS

Welcome to our dedicated news page for CoreCivic (Ticker: CXW), a resource for investors and traders seeking the latest updates and insights on CoreCivic.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CoreCivic's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CoreCivic's position in the market.

News
CoreCivic Announces 2024 First Quarter Earnings Release and Conference Call Dates
Rhea-AI Summary
CoreCivic, Inc. (CXW) will release its 2024 first quarter financial results on May 8, 2024, followed by a conference call on May 9, 2024. Participants can register in advance to join via telephone or access the webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
earnings
-
News
CoreCivic to Redeem 8.250% Senior Notes Due 2026
Rhea-AI Summary
CoreCivic, Inc. (CXW) announces the full redemption of $675 million 8.250% senior unsecured notes due 2026, with a redemption price of 104.125% of the principal amount. The redemption date is set for April 15, 2024, utilizing cash on hand and credit facility capacity for funding.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.22%
Tags
none
-
News
CoreCivic Announces Closing of Offering of $500 Million of 8.250% Senior Notes Due 2029 and Expiration and Results of Tender Offer for 2026 Notes
Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) completes a $500 million senior notes offering and tender offer, generating approximately $490.3 million in net proceeds. The company accepted $494,103,000 aggregate principal amount of 2026 Notes, with a Purchase Price of $1,043.75 per $1,000 principal amount. CoreCivic plans to use the proceeds to repurchase the 2026 Notes and potentially redeem the remaining outstanding notes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.55%
Tags
none
News
CoreCivic Appoints Catherine Hernandez-Blades and Alexander R. Fischer to its Board of Directors; CoreCivic Also Announces Planned Retirement of Long-Term Board Member Donna Alvarado
Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) appoints Catherine Hernandez-Blades and Alexander R. Fischer as independent members of the Board of Directors, expanding the board to twelve members. Donna M. Alvarado to retire after 2024 Annual Meeting of Shareholders. Positive response from CEO Damon Hininger on the new appointments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.13%
Tags
management
-
News
CoreCivic Announces Upsizing and Pricing of $500 Million 8.25% Senior Notes Due 2029
Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) successfully upsized and priced its offering of $500 million aggregate principal amount of 8.25% senior notes due 2029. The Notes will be senior unsecured obligations guaranteed by CoreCivic's subsidiaries. The net proceeds are expected to be approximately $490.3 million, used for a tender offer and potential redemption of existing notes. The offering is managed by Citizens JMP Securities, LLC, StoneX Financial Inc., FHN Financial Securities Corp., Wedbush Securities Inc., and TCBI Securities, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.58%
Tags
none
-
News
CoreCivic, Inc. Announces Cash Tender Offer for Any and All of Its Outstanding 8.25% Senior Notes Due 2026
Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) announces a Tender Offer for its 8.25% senior unsecured notes due 2026, seeking to repurchase $593.1 million worth of notes at a purchase price of $1,043.75 per $1,000 principal amount. The Tender Offer is set to expire on March 11, 2024, with a settlement date expected on March 12, 2024. The company may redeem any outstanding notes post-Tender Offer. The Offer is contingent on completing a Notes Offering generating at least $450 million. Citizens JMP Securities, LLC acts as the dealer manager for the Tender Offer.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
none
News
CoreCivic Announces Proposed $450 Million Senior Notes Offering
Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) plans to offer up to $450 million in senior notes due 2029 to fund a cash tender offer for its outstanding 2026 Notes. The offering is subject to market conditions and will be guaranteed by CoreCivic's subsidiaries. The company aims to use the proceeds, along with other sources, to complete the Tender Offer and potentially redeem any remaining 2026 Notes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.94%
Tags
none
-
News
CoreCivic Reports Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
CoreCivic, Inc. (CXW) announces strong business momentum heading into 2024 with three new management contracts signed, increase in overall utilization, and positive financial results for full year 2023. Despite a positive outlook, the company faces challenges such as the expected expiration of a lease for the California City Correctional Center and continued labor challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.01%
Tags
earnings
-
News
CoreCivic Announces 2023 Fourth Quarter Earnings Release and Conference Call Dates
Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) will release its 2023 fourth quarter financial results on February 7, 2024, followed by a live conference call on February 8, 2024. Participants can join via telephone or access the webcast on the Company's website. A replay will be available for seven days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
earnings
News
CoreCivic Enters Into New Contracts With the State of Wyoming and Harris County, TX, at the Tallahatchie County Correctional Facility
Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) announced new management contracts with the state of Wyoming and Harris County, Texas, to house male inmates at the Tallahatchie County Correctional Facility. These recent wins, including contracts with the State of Montana and Hinds County (MS), are anticipated to generate approximately $25 million in annual revenue. CoreCivic's President and CEO, Damon T. Hininger, highlighted the company's commitment to providing essential solutions to government agencies and the versatility of their real estate assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.96%
Tags
none
Stock CXW logo
CoreCivic Inc

NYSE:CXW

CXW Rankings

#2021 Ranked by Market Cap
#983 Ranked by Stock Gains
N/A Ranked by Dividends

CXW Stock Data

1.72B
110.04M
1.91%
88.49%
3.62%
Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
Link
US
Brentwood

About CXW

corecivic a diversified government solutions company with the scale and experience needed to solve tough government challenges in cost-effective ways. we provide a broad range of solutions to government partners that serve the public good through high-quality corrections and detention management, innovative and cost-saving government real estate solutions, and a growing network of residential reentry centers to help address america’s recidivism crisis. we are a publicly traded real estate investment trust (reit) and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. the company has been a flexible and dependable partner for government for more than 30 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. learn more at http://www.corecivic.com/