CXW Stock Recent News
CXW LATEST HEADLINES
CoreCivic is experiencing increasing demand from its federal customers, which led to strong Q2 results. Valuations suggest that the stock is still undervalued compared to its intrinsic value. Strong cash flows may lead to dividend issuance in 2026 and additional capital returns to shareholders.
Hininger to Remain Special Advisor to both CEO and Board Chairman During Transition Agreement Hininger to Remain Special Advisor to both CEO and Board Chairman During Transition Agreement
BRENTWOOD, Tenn., Aug. 14, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today that it has been awarded a new contract under an intergovernmental services agreement (IGSA) between the City of Mason, Tennessee, and U.S. Immigration and Customs Enforcement (ICE) to resume operations at the Company's 600-bed West Tennessee Detention Facility, a facility that has been idle since September 2021.
CoreCivic, Inc. (NYSE:CXW ) Q2 2025 Earnings Conference Call August 7, 2025 11:00 AM ET Company Participants Damon T. Hininger - CEO & Director David M.
Raises 2025 Full Year Guidance Increasing Demand Drives Strong Financial Performance
BRENTWOOD, Tenn., July 10, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2025 second quarter financial results after the market closes on Wednesday, August 6, 2025.
Geo Group (NYSE:GEO) and CoreCivic (NYSE:CXW) shares moved higher on Monday after Congress passed Donald Trump's tax and spending bill, which increases funding for immigrant detention. The legislation, known as the “big, beautiful bill,” will triple federal spending on immigrant detection, allocating $45 billion over the next four years.
NEWARK, NJ — They broke through a second-story wall, jumped onto mattresses and climbed over an outside fence. That’s how four federal immigration detainees escaped a privately run prison in Newark last week, authorities say. On Tuesday, the U.S. Attorney’s Office announced additional charges against Franklin Norberto Bautista Reyes, 20, of Honduras, Joan Sebastian Castaneda Lozada, 18, of Colombia, Andres Felipe Pineda Mogollon, 25, of Colombia, and Joel Enrrique Sandoval-Lopez, 22, of Honduras. In their statement, federal authorities detailed how the four men escaped Delaney Hall in Newark on June 12. According to prosecutors, the four prisoners broke through an aluminum second-story wall. They dropped mattresses through an opening in the wall, giving them a landing place to jump onto. The detainees then climbed over a fence, using bedsheets to cover barbed wire on their way out. Castaneda Lozada, Sandoval-Lopez and Bautista Reyes have been apprehended. Pineda Mogollon remains
In 1Q25, CoreCivic's revenue declined slightly to $488.63 million. The net income margin improved substantially to 5.14% from 1.91% due to lower financial obligations. Due to the current administration's tough immigration policies, CXW is likely to see a huge increase in demand for its services, resulting in higher revenue growth. Separately, CXW has the potential further improve margins and returning more value to shareholders by maintaining financial discipline.