CoreCivic (CXW)
Market Price (3/7/2026): $18.06 | Market Cap: $1.9 BilSector: Industrials | Industry: Diversified Support Services
CoreCivic (CXW)
Market Price (3/7/2026): $18.06Market Cap: $1.9 BilSector: IndustrialsIndustry: Diversified Support Services
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.3% | Weak multi-year price returns2Y Excs Rtn is -11% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 67% |
| Low stock price volatilityVol 12M is 35% | Key risksCXW key risks include [1] a heavy dependence on government contracts vulnerable to political and legislative changes, Show more. | |
| Megatrend and thematic driversMegatrends include Public Safety & Justice Systems. Themes include Correctional Facilities Management, Detention Services, and Government Contracted Services. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.3% |
| Low stock price volatilityVol 12M is 35% |
| Megatrend and thematic driversMegatrends include Public Safety & Justice Systems. Themes include Correctional Facilities Management, Detention Services, and Government Contracted Services. |
| Weak multi-year price returns2Y Excs Rtn is -11% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 67% |
| Key risksCXW key risks include [1] a heavy dependence on government contracts vulnerable to political and legislative changes, Show more. |
Qualitative Assessment
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CoreCivic (CXW) stock has remained largely at the same level since 11/30/2025 because of the following key factors:
1. Strong Q4 2025 Earnings and Optimistic 2026 Guidance Counterbalanced by Operational Start-Up Costs. CoreCivic reported robust financial results for Q4 2025, with revenue of $604 million, exceeding analyst estimates by 6% to 6.61%. GAAP EPS for the quarter was reported between $0.26 and $0.52, significantly beating expectations, and adjusted EPS of $0.27 surpassed estimates by 12.5%. The company also provided an optimistic outlook for 2026, forecasting diluted EPS in the range of $1.49 to $1.59 (midpoint $1.54), beating analyst estimates by 5.2%, and adjusted EBITDA between $437 million and $445 million (midpoint $441 million). While these strong results and positive guidance would typically drive stock appreciation, the company indicated that start-up expenses incurred during the activation of previously idle facilities negatively impacted operating margins in 2025, with margin improvement expected in 2026 as these facilities reach stabilized occupancy. This dynamic of strong forward-looking performance offset by immediate operational costs contributed to the stock remaining largely stable.
2. Increased Demand from Federal Partners, Particularly ICE, Mitigated by Declining U.S. Marshals Volumes and Mixed Institutional Sentiment. CoreCivic experienced a significant increase in demand from federal government partners. Specifically, revenue from U.S. Immigration & Customs Enforcement (ICE), its largest partner, more than doubled in Q4 2025 compared to the prior year, reaching $244.7 million, largely due to facility activations and acquisitions. Overall, federal agencies accounted for 54% of CoreCivic's 2025 revenue. This strong federal demand provided a substantial positive impetus. However, this was partially offset by a decline in volumes from the U.S. Marshals Service. Additionally, institutional investor activity showed a mixed sentiment, with some major funds like POINT72 ASSET MANAGEMENT, L.P. removing approximately $24.2 million in shares and DEUTSCHE BANK AG removing roughly $20.7 million in Q3 and Q4 2025 respectively, while other institutions, such as RUBRIC CAPITAL MANAGEMENT LP, added about $23.3 million in shares. This countervailing institutional activity likely contributed to the stock's overall stability.
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1. Strong Q4 2025 Earnings and Optimistic 2026 Guidance Counterbalanced by Operational Start-Up Costs. CoreCivic reported robust financial results for Q4 2025, with revenue of $604 million, exceeding analyst estimates by 6% to 6.61%. GAAP EPS for the quarter was reported between $0.26 and $0.52, significantly beating expectations, and adjusted EPS of $0.27 surpassed estimates by 12.5%. The company also provided an optimistic outlook for 2026, forecasting diluted EPS in the range of $1.49 to $1.59 (midpoint $1.54), beating analyst estimates by 5.2%, and adjusted EBITDA between $437 million and $445 million (midpoint $441 million). While these strong results and positive guidance would typically drive stock appreciation, the company indicated that start-up expenses incurred during the activation of previously idle facilities negatively impacted operating margins in 2025, with margin improvement expected in 2026 as these facilities reach stabilized occupancy. This dynamic of strong forward-looking performance offset by immediate operational costs contributed to the stock remaining largely stable.
2. Increased Demand from Federal Partners, Particularly ICE, Mitigated by Declining U.S. Marshals Volumes and Mixed Institutional Sentiment. CoreCivic experienced a significant increase in demand from federal government partners. Specifically, revenue from U.S. Immigration & Customs Enforcement (ICE), its largest partner, more than doubled in Q4 2025 compared to the prior year, reaching $244.7 million, largely due to facility activations and acquisitions. Overall, federal agencies accounted for 54% of CoreCivic's 2025 revenue. This strong federal demand provided a substantial positive impetus. However, this was partially offset by a decline in volumes from the U.S. Marshals Service. Additionally, institutional investor activity showed a mixed sentiment, with some major funds like POINT72 ASSET MANAGEMENT, L.P. removing approximately $24.2 million in shares and DEUTSCHE BANK AG removing roughly $20.7 million in Q3 and Q4 2025 respectively, while other institutions, such as RUBRIC CAPITAL MANAGEMENT LP, added about $23.3 million in shares. This countervailing institutional activity likely contributed to the stock's overall stability.
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Stock Movement Drivers
Fundamental Drivers
The 0.1% change in CXW stock from 11/30/2025 to 3/6/2026 was primarily driven by a 6.0% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 11302025 | 3062026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.05 | 18.06 | 0.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,087 | 2,211 | 6.0% |
| Net Income Margin (%) | 5.2% | 5.3% | 0.6% |
| P/E Multiple | 17.7 | 16.0 | -9.4% |
| Shares Outstanding (Mil) | 107 | 103 | 3.6% |
| Cumulative Contribution | 0.1% |
Market Drivers
11/30/2025 to 3/6/2026| Return | Correlation | |
|---|---|---|
| CXW | 0.1% | |
| Market (SPY) | -1.6% | 0.8% |
| Sector (XLI) | 10.6% | 8.7% |
Fundamental Drivers
The -10.9% change in CXW stock from 8/31/2025 to 3/6/2026 was primarily driven by a -24.5% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3062026 | Change |
|---|---|---|---|
| Stock Price ($) | 20.28 | 18.06 | -10.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,998 | 2,211 | 10.7% |
| Net Income Margin (%) | 5.2% | 5.3% | 1.2% |
| P/E Multiple | 21.2 | 16.0 | -24.5% |
| Shares Outstanding (Mil) | 109 | 103 | 5.3% |
| Cumulative Contribution | -10.9% |
Market Drivers
8/31/2025 to 3/6/2026| Return | Correlation | |
|---|---|---|
| CXW | -10.9% | |
| Market (SPY) | 4.5% | 21.8% |
| Sector (XLI) | 12.3% | 18.7% |
Fundamental Drivers
The -3.7% change in CXW stock from 2/28/2025 to 3/6/2026 was primarily driven by a -46.7% change in the company's P/E Multiple.| (LTM values as of) | 2282025 | 3062026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.76 | 18.06 | -3.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,962 | 2,211 | 12.7% |
| Net Income Margin (%) | 3.5% | 5.3% | 50.1% |
| P/E Multiple | 30.0 | 16.0 | -46.7% |
| Shares Outstanding (Mil) | 110 | 103 | 6.8% |
| Cumulative Contribution | -3.7% |
Market Drivers
2/28/2025 to 3/6/2026| Return | Correlation | |
|---|---|---|
| CXW | -3.7% | |
| Market (SPY) | 14.2% | 31.2% |
| Sector (XLI) | 25.9% | 32.5% |
Fundamental Drivers
The 86.0% change in CXW stock from 2/28/2023 to 3/6/2026 was primarily driven by a 75.3% change in the company's P/E Multiple.| (LTM values as of) | 2282023 | 3062026 | Change |
|---|---|---|---|
| Stock Price ($) | 9.71 | 18.06 | 86.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 1,845 | 2,211 | 19.8% |
| Net Income Margin (%) | 6.6% | 5.3% | -20.5% |
| P/E Multiple | 9.1 | 16.0 | 75.3% |
| Shares Outstanding (Mil) | 115 | 103 | 11.4% |
| Cumulative Contribution | 86.0% |
Market Drivers
2/28/2023 to 3/6/2026| Return | Correlation | |
|---|---|---|
| CXW | 86.0% | |
| Market (SPY) | 76.0% | 28.4% |
| Sector (XLI) | 75.6% | 31.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| CXW Return | 52% | 16% | 26% | 50% | -12% | -4% | 181% |
| Peers Return | -2% | 4% | 0% | 75% | -31% | 1% | 27% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -0% | 82% |
Monthly Win Rates [3] | |||||||
| CXW Win Rate | 50% | 50% | 58% | 50% | 42% | 33% | |
| Peers Win Rate | 54% | 38% | 54% | 50% | 42% | 33% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| CXW Max Drawdown | -4% | -16% | -28% | -22% | -26% | -15% | |
| Peers Max Drawdown | -26% | -34% | -30% | -10% | -38% | -9% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -1% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GEO, DEA.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 3/6/2026 (YTD)
How Low Can It Go
| Event | CXW | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -39.7% | -25.4% |
| % Gain to Breakeven | 65.8% | 34.1% |
| Time to Breakeven | 195 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -66.0% | -33.9% |
| % Gain to Breakeven | 193.9% | 51.3% |
| Time to Breakeven | 1,470 days | 148 days |
| 2018 Correction | ||
| % Loss | -57.5% | -19.8% |
| % Gain to Breakeven | 135.1% | 24.7% |
| Time to Breakeven | Not Fully Recovered days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -70.2% | -56.8% |
| % Gain to Breakeven | 236.1% | 131.3% |
| Time to Breakeven | 1,258 days | 1,480 days |
Compare to GEO, DEA
In The Past
CoreCivic's stock fell -39.7% during the 2022 Inflation Shock from a high on 4/20/2022. A -39.7% loss requires a 65.8% gain to breakeven.
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About CoreCivic (CXW)
CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States. It operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. The company provides a range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions. Its correctional, detention, and residential reentry facilities offer rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. As of December 31, 2021, the company owned and operated 46 correctional and detention facilities, 26 residential reentry centers, and 10 properties for lease. The company was founded in 1983 and is based in Brentwood, Tennessee.
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The G4S for government detention and correctional facilities.
The Lockheed Martin for managing government correctional facilities.
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- Facility Management Services: Operating and managing correctional and detention facilities under contract for federal, state, and local government agencies.
- Community Corrections and Reentry Programs: Providing residential and non-residential programs, such as halfway houses and day reporting centers, to support rehabilitation and societal reintegration.
- Real Estate Leasing: Leasing company-owned correctional and detention facilities to government partners for their operational use.
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CoreCivic (CXW) primarily sells its services to government entities, rather than commercial companies or individuals. Its major customers are various federal, state, and local government agencies that contract with CoreCivic to manage and operate correctional and detention facilities.
The major customers of CoreCivic include:
- U.S. Federal Government: This includes agencies such as the U.S. Immigration and Customs Enforcement (ICE), the U.S. Marshals Service (USMS), and the Federal Bureau of Prisons (BOP).
- State Governments: Various state departments of corrections across numerous states contract with CoreCivic for correctional facility services.
- Local Governments: A range of county and municipal governments, including county sheriff's offices and local correctional departments, utilize CoreCivic's services for detention and correctional needs.
As these are government agencies and not publicly traded companies, they do not have stock symbols.
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Damon T. Hininger President and Chief Executive Officer
Damon T. Hininger has served as President and Chief Executive Officer of CoreCivic since October 2009. He joined the company in 1992 as a correctional officer and progressed through various leadership roles, including President and Chief Operating Officer from 2008 to 2009. His career within CoreCivic spans numerous positions, including Vice President of Federal and Local Customer Relations, Vice President of Business Analysis, Director of Strategic Planning, and Director of Proposal Development. In 2011, Forbes recognized Mr. Hininger as one of the "Top 20 Most Powerful CEOs 40 and Under."
David M. Garfinkle Executive Vice President and Chief Financial Officer
David M. Garfinkle has been the Executive Vice President and Chief Financial Officer of CoreCivic since May 2014. Prior to this, he served as the company's Vice President of Finance and Controller from February 2001 to May 2014. Before joining CoreCivic, Mr. Garfinkle held the position of Vice President and Controller at Bradley Real Estate Inc., a publicly traded REIT, from 1996 to 2001. He also worked as a Senior Manager at KPMG Peat Marwick LLP.
Patrick D. Swindle President and Chief Operating Officer
Patrick D. Swindle serves as President and Chief Operating Officer, with his appointment as President and Chief Executive Officer effective January 1, 2026. He joined CoreCivic in 2007 as Managing Director, Treasury, and has held several key positions, including Vice President, Strategic Development; Senior Vice President, Operations; Executive Vice President and Chief Corrections Officer; and Executive Vice President and Chief Operating Officer.
Lucibeth N. Mayberry Executive Vice President and Chief Innovation Officer
Lucibeth N. Mayberry has been the Executive Vice President and Chief Innovation Officer since 2022. Her previous roles at CoreCivic include Executive Vice President of the Real Estate division, Senior Vice President, Real Estate, and Vice President & Deputy Chief Development Officer.
Anthony L. Grande Executive Vice President and Chief Development Officer
Anthony L. Grande serves as CoreCivic's Executive Vice President and Chief Development Officer.
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CoreCivic (CXW) faces several key risks to its business model, primarily stemming from its reliance on government contracts and the evolving socio-political landscape surrounding private correctional facilities.Key Risks to CoreCivic (CXW)
- Dependence on Government Contracts and Political/Legislative Risks: CoreCivic's business is heavily reliant on contracts with federal, state, and local government agencies, including Immigration and Customs Enforcement (ICE), the U.S. Marshals Service, and the Bureau of Prisons. These contracts form the backbone of its revenue model. The company is highly vulnerable to changes in political leadership, government policies (such as executive orders aiming to reduce reliance on private facilities), and new legislation that could reduce or eliminate the use of private prisons. Additionally, government budgetary challenges, including potential shutdowns, can directly impact contract renewals, per diem rates, and overall financial stability.
- Regulatory, Legal, and Operational Challenges, including Public Perception: Operating in a highly regulated industry, CoreCivic is consistently exposed to legal and regulatory scrutiny. This includes the risk of costly litigation, federal investigations into alleged mismanagement, and significant fines for issues such as understaffing. Negative public perception regarding private correctional practices, inmate disturbances, or perceived poor operational performance can lead to contract cancellations, damage to the company's reputation, and increased operational costs due to heightened scrutiny and compliance requirements.
- Fluctuations in Occupancy Levels and Competition: A substantial portion of CoreCivic's revenue is generated through per diem payments based on occupancy levels in its facilities. Consequently, a decrease in the number of detainees or prisoners can directly lead to reduced revenues and profitability. The company also faces significant competition not only from other private prison operators but also from government-run correctional and detention facilities, which can impact its market share and ability to secure new or renewed contracts.
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The clear emerging threat to CoreCivic (CXW) is the increasing political and legislative movement away from the use of private correctional and detention facilities by government entities.
This trend, driven by growing public opposition and policy changes, directly jeopardizes CoreCivic's ability to secure new contracts and renew existing ones, fundamentally undermining its business model. Evidence includes:
- Federal Policy Shifts: The Biden administration's January 2021 executive order directing the Department of Justice not to renew contracts with private correctional facilities. While specific to DOJ contracts, it signals a broader federal stance against private prisons.
- State-Level Legislation: Multiple states (e.g., California, Illinois, New Jersey) have enacted legislation to phase out or significantly restrict the use of private prisons.
- Decarceration Trends: Broader criminal justice reform efforts aimed at reducing incarceration rates also contribute to this threat by decreasing the overall demand for correctional beds, whether public or private.
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For its main products and services, CoreCivic (CXW) operates in the following addressable markets:
-
Correctional and Detention Facility Management: The addressable market for correctional facilities in the U.S. is estimated at $9.0 billion in 2025.
The U.S. government's spending on its immigration detention system, largely run by the private sector, was $3.4 billion in 2024. The annual budget for immigration detention is on pace to be 62 percent larger than that of the entire federal prison system's budget of $8.6 billion in fiscal year 2025. - Residential Reentry Centers and Reentry Services: null
- Government Real Estate Solutions: null
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CoreCivic (CXW) is expected to drive future revenue growth over the next 2-3 years through several key initiatives and market trends:- Reactivation and Stabilization of Idle Facilities: CoreCivic has secured new contracts for several previously idle correctional and detention facilities, including the West Tennessee Detention Facility, California City Immigration Processing Center, Midwest Regional Reception Center, and Diamondback Correctional Facility. These four new contract awards are projected to generate approximately $320 million in annual revenue once they achieve stabilized occupancy, with the Diamondback facility alone contributing an estimated $100 million annually. The company anticipates reaching stabilized occupancy for these reactivated facilities by the second quarter of 2026.
- Increased Demand from Federal Government Partners: CoreCivic is experiencing and anticipating increased demand from its federal government partners, particularly U.S. Immigration and Customs Enforcement (ICE) and the U.S. Marshals Service (USMS). Revenue from ICE saw a significant 54.6% year-over-year increase in the third quarter of 2025, with ICE detention populations reaching historical highs by the end of September 2025. CoreCivic expects detainee populations to continue to grow as ICE implements its interior enforcement plan, and anticipates increases in USMS populations later in 2025 and into 2026.
- Growth in State and Local Contracts: The company is also seeing growth in its partnerships with state and local governments. Revenue from state customers increased by 6.4% in the fourth quarter of 2024, driven by higher per diem rates and new contracts with states such as Montana and Wyoming. State partner revenue further increased by 3.6% in the third quarter of 2025. Additionally, local revenue saw a 26% increase in the fourth quarter of 2024 due to new contracts.
- Expansion of Capacity and Service Offerings: CoreCivic is actively expanding its capacity and diversifying its service offerings to government partners. This includes contract modifications to add capacity for ICE at existing facilities. As a diversified government-solutions company, CoreCivic provides corrections and detention management, residential and non-residential alternatives to incarceration, and government real estate solutions, indicating a broad approach to addressing government needs.
- Higher Occupancy Rates: CoreCivic has demonstrated improved facility utilization, with total occupancy increasing to 76.7% in the third quarter of 2025, up 1.5 percentage points from the prior year. The company projects achieving mid-80% occupancy by 2026, which would directly translate to increased revenue as more available beds are filled under existing and new contracts.
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Share Repurchases
- CoreCivic's Board of Directors authorized a share repurchase program for up to $500.0 million in the aggregate.
- From May 2022 through June 30, 2025, the company repurchased 18.5 million shares of common stock for an aggregate cost of $262.1 million.
- As of September 30, 2025, CoreCivic had $197.9 million remaining under its share repurchase authorization.
Share Issuance
- Stockholders approved an Amended and Restated 2020 Stock Incentive Plan in May 2022, authorizing the issuance of new awards for up to 5.9 million shares.
- As of December 31, 2024, 5.2 million shares were available for issuance under the Amended and Restated 2020 Stock Incentive Plan.
Outbound Investments
- On July 1, 2025, CoreCivic acquired the 736-bed Farmville Detention Center in Virginia for $67.0 million, which is expected to add approximately $40.0 million in annual incremental revenue.
- During 2023, CoreCivic sold three residential reentry centers for aggregate net sales proceeds of $10.3 million.
Capital Expenditures
- For 2025, CoreCivic expects capital expenditures of approximately $97.5 million to $99.5 million related to activating previously idled facilities and additional potential activations.
- Anticipated 2025 capital expenditures also include $29.0 million to $31.0 million for maintenance on real estate assets, $31.0 million to $34.0 million for maintenance on other assets and IT, and $14.0 million to $15.0 million for other investments.
- In 2024, the company projected capital expenditures of $70.0 million to $76.0 million, with a focus on maintenance and preparing an idle facility for potential activation.
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| 02272026 | EFX | Equifax | Monopoly | MY | Getting CheaperMonopoly-Like with P/S DeclineLarge cap with monopoly-like margins or cash flow generation and getting cheaper based on P/S multiple | 0.0% | 0.0% | 0.0% |
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| 02132026 | TREX | Trex | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | -3.2% | -3.2% | -5.9% |
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| 12312022 | CXW | CoreCivic | Quality | Q | Momentum | UpsideQuality Stocks with Momentum and UpsideBuying quality stocks with strong momentum but still having room to run | -18.6% | 25.7% | -27.9% |
| 06302020 | CXW | CoreCivic | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | -27.0% | 11.9% | -36.8% |
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 18.06 |
| Mkt Cap | 1.9 |
| Rev LTM | 2,211 |
| Op Inc LTM | 220 |
| FCF LTM | 54 |
| FCF 3Y Avg | 138 |
| CFO LTM | 195 |
| CFO 3Y Avg | 198 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 11.3% |
| Rev Chg 3Y Avg | 4.8% |
| Rev Chg Q | 16.5% |
| QoQ Delta Rev Chg LTM | 4.0% |
| Op Mgn LTM | 11.2% |
| Op Mgn 3Y Avg | 12.9% |
| QoQ Delta Op Mgn LTM | 0.2% |
| CFO/Rev LTM | 8.8% |
| CFO/Rev 3Y Avg | 11.6% |
| FCF/Rev LTM | 2.4% |
| FCF/Rev 3Y Avg | 7.0% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 1.9 |
| P/S | 0.8 |
| P/EBIT | 8.5 |
| P/E | 16.0 |
| P/CFO | 9.6 |
| Total Yield | 10.4% |
| Dividend Yield | 0.0% |
| FCF Yield 3Y Avg | 6.9% |
| D/E | 0.9 |
| Net D/E | 0.8 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -3.3% |
| 3M Rtn | -3.1% |
| 6M Rtn | -8.2% |
| 12M Rtn | -11.3% |
| 3Y Rtn | 72.1% |
| 1M Excs Rtn | -1.3% |
| 3M Excs Rtn | -1.3% |
| 6M Excs Rtn | -12.8% |
| 12M Excs Rtn | -27.3% |
| 3Y Excs Rtn | -12.4% |
Price Behavior
Price Behavior
| Market Price | $18.06 | |
| Market Cap ($ Bil) | 1.9 | |
| First Trading Date | 07/15/1997 | |
| Distance from 52W High | -21.7% | |
| 50 Days | 200 Days | |
| DMA Price | $18.80 | $19.62 |
| DMA Trend | down | indeterminate |
| Distance from DMA | -3.9% | -8.0% |
| 3M | 1YR | |
| Volatility | 38.3% | 34.8% |
| Downside Capture | -3.77 | 77.39 |
| Upside Capture | -24.58 | 57.66 |
| Correlation (SPY) | -2.6% | 30.0% |
CXW Betas & Captures as of 2/28/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.37 | 0.05 | -0.05 | 0.72 | 0.56 | 0.80 |
| Up Beta | -0.90 | -0.43 | -0.81 | 0.45 | 0.61 | 0.83 |
| Down Beta | 1.66 | 0.68 | 0.52 | 1.25 | 0.47 | 0.72 |
| Up Capture | 0% | -52% | -20% | 24% | 35% | 63% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 11 | 17 | 31 | 61 | 122 | 377 |
| Down Capture | 61% | 25% | -10% | 80% | 74% | 92% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 10 | 23 | 29 | 62 | 126 | 363 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CXW | |
|---|---|---|---|---|
| CXW | -8.4% | 34.3% | -0.21 | - |
| Sector ETF (XLI) | 28.4% | 19.2% | 1.17 | 32.8% |
| Equity (SPY) | 16.4% | 19.2% | 0.66 | 31.9% |
| Gold (GLD) | 77.1% | 26.1% | 2.17 | 4.8% |
| Commodities (DBC) | 19.6% | 17.1% | 0.89 | 8.8% |
| Real Estate (VNQ) | 3.1% | 16.6% | 0.01 | 29.3% |
| Bitcoin (BTCUSD) | -21.4% | 45.5% | -0.39 | 17.6% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CXW | |
|---|---|---|---|---|
| CXW | 17.3% | 45.0% | 0.50 | - |
| Sector ETF (XLI) | 14.5% | 17.2% | 0.67 | 33.3% |
| Equity (SPY) | 13.0% | 17.0% | 0.60 | 29.3% |
| Gold (GLD) | 24.2% | 17.2% | 1.14 | 1.0% |
| Commodities (DBC) | 11.9% | 19.0% | 0.51 | 8.4% |
| Real Estate (VNQ) | 5.0% | 18.8% | 0.17 | 25.8% |
| Bitcoin (BTCUSD) | 7.5% | 56.8% | 0.35 | 21.4% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with CXW | |
|---|---|---|---|---|
| CXW | -1.8% | 48.8% | 0.15 | - |
| Sector ETF (XLI) | 14.5% | 19.8% | 0.64 | 41.7% |
| Equity (SPY) | 15.0% | 17.9% | 0.72 | 36.5% |
| Gold (GLD) | 15.1% | 15.6% | 0.80 | 1.6% |
| Commodities (DBC) | 9.0% | 17.6% | 0.43 | 14.9% |
| Real Estate (VNQ) | 6.1% | 20.7% | 0.26 | 39.7% |
| Bitcoin (BTCUSD) | 66.7% | 66.8% | 1.06 | 12.2% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 2/11/2026 | -3.5% | 0.9% | |
| 11/5/2025 | -9.9% | -8.4% | -0.3% |
| 8/6/2025 | 2.0% | 5.4% | 0.4% |
| 5/7/2025 | -2.6% | -4.6% | -2.7% |
| 2/11/2025 | 6.3% | 6.1% | 10.1% |
| 11/6/2024 | 25.6% | 22.4% | 22.4% |
| 8/7/2024 | 3.3% | 5.1% | 6.5% |
| 5/9/2024 | 0.8% | -3.0% | 0.4% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 10 | 13 | 15 |
| # Negative | 14 | 11 | 8 |
| Median Positive | 5.2% | 7.3% | 8.5% |
| Median Negative | -4.0% | -6.9% | -7.2% |
| Max Positive | 25.6% | 22.4% | 28.4% |
| Max Negative | -12.7% | -24.5% | -14.1% |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Grande, Anthony L | EVP, Chief Development Officer | Direct | Sell | 9122025 | 21.18 | 22,500 | 476,438 | 2,870,462 | Form |
| 2 | Grande, Anthony L | EVP, Chief Development Officer | Direct | Sell | 9102025 | 19.65 | 10,000 | 196,482 | 3,351,177 | Form |
| 3 | Grande, Anthony L | EVP, Chief Development Officer | Direct | Sell | 9102025 | 19.71 | 12,500 | 246,424 | 3,115,959 | Form |
| 4 | Marshall, Thurgood Jr | Direct | Sell | 9102025 | 20.52 | 6,000 | 123,120 | 903,352 | Form | |
| 5 | Hylton, Stacia | Direct | Sell | 5302025 | 21.69 | 4,000 | 86,760 | 1,799,598 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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