CXW Stock Recent News

BRENTWOOD, Tenn., April 08, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2024 first quarter financial results after the market closes on Wednesday, May 8, 2024.

While political cycles are always difficult to predict, the challenge of finding stocks for the presidential election is slightly easier. How can that be, you might wonder?

Buying call options is a lot like (American) football. Sometimes, you run the ball up the middle.

CoreCivic, Inc. (CXW) Q4 2023 Earnings Call Transcript

CoreCivic recently reported better than expected quarterly revenue and signed new contracts for 2023, indicating potential future sales growth. The company's business model focuses on providing government solutions through three segments, including correctional facilities, rehabilitation programs, and real estate properties. CoreCivic's balance sheet appears stable, with a strong asset/liability ratio and sufficient liquidity, despite a significant amount of debt.

BRENTWOOD, Tenn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2023 third quarter financial results after the market closes on Monday, November 6, 2023.

CoreCivic, Inc. (NYSE:CXW ) Q2 2023 Earnings Conference Call August 8, 2023 11:00 AM ET Company Participants Cameron Hopewell – Managing Director-Investor Relations Damon Hininger – President and Chief Executive Officer David Garfinkle – Chief Financial Officer Brian Hammonds – Vice President-Finance Conference Call Participants Joe Gomes – NOBLE Capital Kirk Ludtke – Imperial Capital Brian Violino – Wedbush M. Marin – Zacks Edwin Groshans – Compass Point Research & Trading, LLC Operator Good morning.

NAPCO Security Technologies Inc ( NSSC , Financial), a leading provider of security products, has been making waves in the Business Services industry. As of August 7, 2023, the company's stock price stands at $36.67, reflecting a gain of 3.34% today and a 9.08% increase over the past four weeks.

CoreCivic, Inc., which offers corrections and detention management services, has seen a significant decline in its shares over the past five years, attributed to political interference and declining margins. The company's dependence on government contracts exposes it to risks such as policy changes, as seen with President Biden's executive order not renewing contracts with privately operated criminal detention facilities. It has implemented measures to improve shareholder returns, including debt servicing and share repurchases. The company has reduced debt by over $1.1 billion and repurchased 9.1 million shares.

We've all heard the adage, “Sell in May and Go Away,” but should investors in contemporary times target stocks to sell in the fifth month of the year? According to Corporate Finance Institute, under the original context, the British upper class would sell their securities in May so that they can relax and enjoy the summer months in peace.