CoreCivic, Inc. (CXW)
CoreCivic, Inc. operates in the Security & Protection Services industry of the Industrials sector, headquartered in Brentwood, TN, US. The stock last traded at $32.13, down 6.48% on the session, giving a market capitalisation of $3.18B. On trailing twelve-month figures it carries a trailing P/E of 26.12, a net margin of 5.1%. Its beta of 0.60 implies it has historically moved less than the broad market.
CoreCivic, Inc. specializes in the ownership and management of a diverse portfolio of correctional institutions, detention centers, and residential reentry facilities throughout the United States. Its operations are organized into three distinct divisions: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company offers a comprehensive suite of services to its government partners, encompassing the administration of correctional and detention services, the provision of a network of residential reentry centers designed to combat the nation's recidivism challenges, and tailored government real estate solutions. Within these facilities, CoreCivic delivers a range of rehabilitative and educational initiatives, including fundamental schooling, spiritual support, practical life skills and vocational training, and programs for substance abuse recovery. As of the close of 2021, CoreCivic's holdings included 46 correctional and detention sites, 26 residential reentry hubs, and 10 properties designated for leasing. The organization was established in 1983 and maintains its principal offices in Brentwood, Tennessee.
CoreCivic, Inc. is most often compared with the following Industrials names: