CoreCivic

CoreCivic, Inc. operates as a government solutions company, which engages in the development and management of prisons and other correctional facilities. It operates through the following segments: Safety, Community, and Properties. The Safety segment consists of correctional and detention facilities. It provides transportation services to government agencies and TransCoR. The Community segment offers residential reentry centers and provides electronic monitoring case management services. The Properties segment consists of real estate properties owned by the company that are leased to government agencies. The company was founded by Thomas W. Beasley, T. Don Hutto, and Robert Crants on January 28, 1983 and is headquartered in Brentwood, TN.

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CoreCivic reports Q4 revenue decline but shows resilience and growth opportunities

CoreCivic's Q4 performance reflects revenue decline due to contract non-renewals but shows resilience with operational improvements and debt reduction.
The company's focus on financial discipline, debt reduction, and operational efficiency positions it for growth despite challenges in ICE contracts and staffing adjustments.
Opportunities lie in revenue diversification through dual contract models, potential positive impacts from ICE contract renegotiations, and stable Marshals service occupancy.
Guidance for 2023 indicates a strategic approach to addressing challenges while capitalizing on opportunities for revenue growth and operational efficiency.

CoreCivic reports steady Q1 growth amidst forecasted challenges

CoreCivic's Q1 2023 performance showed resilience with revenue growth despite challenges.
The company is strategically positioned to capitalize on increased demand from ICE and state partners.
While facing forecasted declines, CoreCivic is actively managing debt reduction and operational efficiency.
Ongoing focus on cost management and maintaining a strong balance sheet for future growth opportunities.

CoreCivic reports solid Q2 earnings, eyes growth amid challenges

CoreCivic's Q2 performance reflects financial strength and strategic focus on debt reduction and growth opportunities.
While facing challenges like contract monitoring and uncertainty, the company is well-positioned for revenue growth.
Opportunities in renegotiated contracts, increased demand for detention capacity, and stable Marshals populations drive future potential.
Financial flexibility, strong operational performance, and potential revenue growth highlight CoreCivic's resilience and strategic positioning.

CoreCivic reports revenue growth and pursues new opportunities strategically

CoreCivic's Q3 2023 performance showed revenue growth, improved occupancy, and a focus on debt reduction and capital allocation strategies.
The company faces challenges in timeline uncertainty for new opportunities and returning to pre-pandemic margins, amidst ongoing financial management efforts.
Opportunities lie in potential new contracts, asset divestitures, and capital allocation strategies aimed at enhancing shareholder value.
Overall, CoreCivic's performance reflects a mix of strengths, challenges, and opportunities in navigating its operational landscape.

CoreCivic reports revenue growth and new contracts amidst challenges

CoreCivic's Q4 2023 showed revenue growth, increased occupancy, and new contracts.
The company focuses on debt reduction, share repurchases, and maintaining stability.
Challenges include infrastructure demands, court backlogs, and ICE funding impacts.
Opportunities lie in margin improvement, rate increases, and exploring detention alternatives.

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There must be more than one catalyst that drives this strong buy conviction, and oftentimes there’s a large dose of sentiment going the opposite direction.

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NASHVILLE, Tenn., Sept.  03, 2019  (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE:  CXW) (the “Company") announced today that it has entered into a new contract under an Intergovernmental Agreement between Adams County, Mississippi and Immigration and Customs Enforcement (ICE) at CoreCivic's 2,232-bed Adams County Correctional Center in Adams County, Mississippi. 

CoreCivic Enters Into New Management Contract at the Adams County Correctional Center

Core Civic has gotten cheap as a social movement has functionally forced pensions and institutions to sell shares.

Core Civic:  Rapid Growth At Deep Value Price

CoreCivic, Inc. (CXW) CEO Damon Hininger on Q2 2019 Results - Earnings Call Transcript

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U.S. prisons lose Wall Street sell-side coverage

CoreCivic, Inc. (CXW) has been struggling lately, but the selling pressure may be coming to an end soon.

CoreCivic Sees Hammer Chart Pattern: Time to Buy?

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CoreCivic Inc (CXW) CEO Damon Hininger on Q1 2019 Results - Earnings Call Transcript

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News for CoreCivic Stock (CXW)