CoreCivic, Inc. (CXW) Stock

CoreCivic, Inc. (CXW) is a Real Estate stock trading at $34.00 (as of 2026-08-21), with a market capitalization of $3.36B and a trailing P/E of 26.3. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

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.

Understand CoreCivic, Inc.: how it makes money

CoreCivic owns and operates correctional, detention, and residential reentry facilities in the United States, and makes money by providing facility management and related services to government partners, including immigration detention for Immigration and Customs Enforcement.

CoreCivic’s profit engine is filling and operating its facilities profitably, since operating results depend on occupancy and utilization, contract retention, and revenue tied to detention demand (especially Immigration and Customs Enforcement), with added upside when previously idle facilities are activated.

Revenue by segment (latest quarter)
Safety$0.6B
Community$0.0B
Properties$0.0B

Business quality (Mixed): The company provides useful operating indicators (contract retention and occupancy levels) and clear reporting of Safety, Community, and Properties, but revenue concentration in Safety and Immigration and Customs Enforcement makes quarterly results sensitive to demand and facility utilization.

Valuation: At 22× earnings, CXW trades 34% below the Trading average (34×). Note: one-time items can distort reported P/E.

Bull case

  • Retention signal: Contract Retention Rate is 95.0 percent, which supports continuity of government facility management work.
  • Demand and activation support: Immigration and Customs Enforcement detention population increased (48,000 versus 39,000 at the start of the period), and the company also reports revenue from four previously idle facilities activated (0.1 USD_B).

Bear case

  • Concentration in Safety and Immigration and Customs Enforcement: Safety is the dominant revenue stream (0.58 USD_B), and Revenue from Immigration and Customs Enforcement is 0.24 USD_B (Management Revenue from Immigration and Customs Enforcement is 0.26 USD_B), so changes in that government demand can materially affect results.
  • Occupancy varies by segment: Occupancy in the Community segment is 68.8 percent, lower than combined occupancy in Safety and Community segments (79.6 percent), which can limit stability in non-Safety revenue streams.
Valuation — source: SEC EDGAR (first-party)
Price$34.00
Market Cap$3.36B
P/E Ratio26.3
EV / EBITDA15.0
Price / Book2.41
Price / Sales1.51
FCF Yield8.2%
DCF Value (model)$30.18
DCF Upside vs Price-11.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$2.21B
Net Margin5.3%
Revenue Growth (YoY)12.7%
EPS Growth (YoY)75.8%
FCF Growth (YoY)-73.4%
Financial Health — source: SEC EDGAR
Altman Z-Score1.95 (grey)
Valuation vs Sector & Industry
Stock P/E26.3
Sector P/E (Real Estate)27.2
Industry P/E (Trading)35.3
vs Sector-3.2%
vs Industry-25.6%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($301.10M)
Institutional Holders Tracked10
Company
SectorReal Estate
IndustryTrading
CEOPatrick Swindle
Employees11,649
CountryUS
IPO Date1997-07-15

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CXW earnings history · CXW institutional & insider holders · CXW KPIs & operating metrics · CXW financials · CXW investor presentations & press releases · CXW SEC filings · CXW peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.