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CoreCivic, Inc. - $CXW STOCK NEWS

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

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.

Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) announced a new management contract with the state of Montana for up to 120 inmates at its Saguaro Correctional Facility in Eloy, Arizona. The contract commences immediately and ends on October 31, 2025, with the possibility of extension. The company anticipates completing the receipt of the inmates from Montana by December 31, 2023. This new contract reflects the attractiveness of CoreCivic's available bed capacity and the high level of service and trust for which the company is recognized.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.51%
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Rhea-AI Summary
CoreCivic, Inc. (NYSE: CXW) announced its financial results for Q3 2023, reporting total revenue of $483.7 million. Net income was $13.9 million, or $0.12 per diluted share, compared to $68.3 million, or $0.58 per diluted share, in Q3 2022. Adjusted net income increased by 75% to $15.6 million, or $0.14 per diluted share. Adjusted EBITDA was $75.2 million, a 10% increase from Q3 2022.
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Rhea-AI Sentiment
End-of-Day
5.22%
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Rhea-AI Summary
CoreCivic to release 2023 Q3 financial results on November 6, 2023
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End-of-Day
1.17%
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CoreCivic increases bank credit facility to $400 million
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-0.96%
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Rhea-AI Summary
CoreCivic signs new management contract with Hinds County, Mississippi for up to 250 adult male pre-trial detainees at Tallahatchie County Correctional Facility. Continues to see increasing demand for correctional and detention solutions. Recently accepted 160 additional residents from Idaho. Signed contract extensions with Vermont, U.S. Immigration & Customs Enforcement, Texas Department of Criminal Justice, and Montana.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.93%
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Rhea-AI Summary
CoreCivic, Inc. announces Q2 2023 financial results, reduces total debt by $34.1 million and increases full-year guidance.
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Rhea-AI Sentiment
End-of-Day
5.17%
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-0.64%
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-0.55%
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Rhea-AI Summary
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-1.88%
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Rhea-AI Sentiment
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-7.79%
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CoreCivic, Inc.

NYSE:CXW

CXW Rankings

CXW Stock Data

1.70B
110.04M
1.91%
88.49%
3.62%
Facilities Support Services
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
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/