CoreCivic
About: CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Community segment owns and operates residential reentry centers. The Properties segment owns properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the CoreCivic Safety segment which consists of correctional and detention facilities that are owned, or controlled via a long-term lease, and managed by the company, as well as those correctional and detention facilities owned by third parties but managed by CoreCivic.
Employees: 11,194
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
92% more call options, than puts
Call options by funds: $31.6M | Put options by funds: $16.5M
48% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 23
13% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 67
4% more funds holding
Funds holding: 216 [Q2] → 225 (+9) [Q3]
0.36% less ownership
Funds ownership: 88.2% [Q2] → 87.83% (-0.36%) [Q3]
4% less capital invested
Capital invested by funds: $1.27B [Q2] → $1.23B (-$48.8M) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Northland Capital Markets Greg Gibas 32% 1-year accuracy 6 / 19 met price target | 43%upside $32 | Outperform Maintained | 8 Nov 2024 |
Jones Trading Jason Weaver 24% 1-year accuracy 9 / 38 met price target | 25%upside $28 | Buy Upgraded | 8 Nov 2024 |
Financial journalist opinion
