CXW Stock Recent News

Michael Burry — the notorious hedge fund manager who bet against the housing market before the 2008 financial crisis — is eyeing a new investment lately: prison stocks. Indeed, the investor of The Big Short fame is apparently fixated on the prison industry, which makes up more than half of his current portfolio according to a recent 13F filing with the U.S. Securities and Exchange Commission (SEC).

Many investors are keenly watching where the smart money is flowing. For those retail investors who, like myself, view Michael Burry as an extremely sophisticated and successful investor, where Burry goes is where many investors start to look.

The REIT sector is extremely volatile these days. It has resulted in some opportunities for us to consolidate capital.

CoreCivic, Inc. (NYSE:CXW ) Q3 2022 Earnings Conference Call November 3, 2022 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 M. Marin - Zacks Kirk Ludtke - Imperial Capital Brian Violino - Wedbush Securities Operator Good morning.

BRENTWOOD, Tenn. , Oct. 26, 2022 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2022 third quarter financial results after the market closes on Wednesday, November 2, 2022. A live broadcast of CoreCivic's conference call will begin at 10:00 a.m. central time (11:00 a.m. eastern time) on Thursday, November 3, 2022.

CoreCivic fluctuates with the political landscape. The political risks have the potential to flip from a headwind to a tailwind in the coming months.

CoreCivic is now in a strong financial position and has launched a generous share buyback program to reward shareholders. The buyback yield is calculated around 16%. CoreCivic's generous buyback program should drive the share price up sharply.

CoreCivic, Inc. (NYSE:CXW ) Q2 2022 Earnings Conference Call August 3, 2022 11:00 AM ET Company Participants Cameron Hopewell – Managing Director of Investor Relations Damon Hininger – President and Chief Executive Officer David Garfinkle – Chief Financial Officer Conference Call Participants Joe Gomes – NOBLE Capital Jay McCanless – Wedbush Kirk Ludtke – Imperial Capital M. Marin – Zachs Ben Briggs – StoneX Financial Operator Good morning.

BRENTWOOD, Tenn., July 25, 2022 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (the Company) announced today that it will release its 2022 second quarter financial results after the market closes on Tuesday, August 2, 2022.

I compare CXW's and GEO's valuation in a quick DCF framework. The market prices the assets similarly but demand a big equity premium from GEO.