CXW Stock Recent News

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.

BRENTWOOD, Tenn., June 10, 2025 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) ("CoreCivic") announced today that it has entered into a definitive agreement to acquire the Farmville Detention Center, a 736-bed facility constructed in 2010 and located in Farmville, Virginia. The transaction is expected to be consummated through the acquisition of 100% of the membership interests in entities that own the facility. Farmville Detention Center provides transportation, care, and civil detention services to adult male noncitizens through an Intergovernmental Service Agreement between Prince Edward County, Virginia and U.S. Immigration & Customs Enforcement ("ICE"), which expires in March 2029.

As the United States ramps up immigration enforcement, several stocks are poised to benefit from the government crackdown.

CoreCivic, Inc. (NYSE:CXW ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Michael Grant - MD, IR Damon Hininger - CEO Patrick Swindle - President & COO David Garfinkle - CFO Brian Hammonds - VP, Finance Conference Call Participants Joe Gomes - Noble Capital Jay McCanless - Wedbush M. Marin - Zacks Greg Gibas - Northland Securities Benjamin Briggs - StoneX Financial Kirk Ludtke - Imperial Capital Jordan Hymowitz - Philadelphia Financial Management of San Francisco Operator Good day and thank you for standing by.

Increased Occupancy and New Contracts Propel Strong Financial Performance Raises 2025 Full Year Guidance Increased Occupancy and New Contracts Propel Strong Financial Performance Raises 2025 Full Year Guidance

NEWARK, NJ — U.S. Immigration and Customs Enforcement (ICE) has begun housing prisoners at a controversial new immigration detention facility in New Jersey’s largest city, the agency says. On Monday, a spokesperson confirmed that ICE started housing detainees at Delaney Hall in Newark on May 1. No data was immediately available about how many detainees are currently at the facility – which has seen harsh criticism and protest from immigrant rights advocates and local officials. Updates statistics that could include Delaney Hall will be available within the coming weeks at the federal agency’s enforcement data website, ICE spokespeople told Patch. The mayor’s office is planning to hold a news conference to discuss updates on Delaney Hall on Monday morning. Check back for updates. In February, federal officials announced plans to reopen Delaney Hall in Newark. The 1,000-bed facility will be the first federal detention center to open under President Donald Trump’s second term.

As of April 16, 2025, three stocks in the industrials sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.