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I am bullish on CoreCivic, Inc. (NYSE: CXW ) because it has transitioned from a distressed high-yield credit into a crossover quality ticker—driven by strong ICE demands and contract wins, strong free cash flow generation, and backed by strong balance sheet strength (subAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opin ...

CoreCivic, Inc. (NYSE:CXW) is one of the best small cap stocks with the highest upside. CoreCivic, Inc. (NYSE:CXW) reported on October 2 that it will announce its fiscal Q3 2025 results on November 5, after the market closes. Is CoreCivic, Inc. (CXW) The Stock With The Most Insider Sales In The Last Quarter? Ahead of earnings, Noble Financial analyst Joe Gomes reiterated a bullish stance on CoreCivic, Inc. (NYSE:CXW) on October 13, assigning a price target of $28. In a separate development, CoreCivic, I ...

Core观点 - Recent market sell-off has created a significant investment opportunity in CoreCivic (NYSE: CXW), with the stock price dropping from $22.5 to $17.5, a decline of 22%, resulting in a loss of over $500 million in market capitalization [1] 分组1 - The stock price of CoreCivic has decreased significantly, presenting a potential buying opportunity for value investors [1] - The decline in stock price reflects broader market trends, which may not necessarily indicate the company's underlying performance [1] - The focus on value investing emphasizes the importance of analyzing business operations and financials to estimate fair value rather than relying solely on traditional metrics like WACC [1]

CoreCivic (NYSE:CXW) Conference Call Summary Company Overview - CoreCivic is a diversified government solutions company focused on corrections and detention management, addressing recidivism, and providing government real estate solutions [1][2] - The company was established in 1983 and has approximately $2.9 billion in total assets, with $2.3 billion in real estate [2] Financial Performance - Projected revenue for 2024 is around $2 billion, with adjusted EBITDA of approximately $331 million [2] - Revenue breakdown: 51% from federal contracts (30% from ICE), 20% from U.S. Marshals Service, 41% from state customers, and 8% from local and other customers [2] - Market capitalization is about $2 billion [3] Operational Segments - CoreCivic operates in three segments: 1. **Safety Segment**: 44 facilities with about 67,000 beds, contributing 92% of net operating income (NOI) [3][4] 2. **Community Segment**: 21 residential reentry facilities (halfway houses) with about 4,000 beds, making up 5% of NOI [4] 3. **Property Segment**: Five facilities leased to state agencies with about 7,800 beds, contributing 3% of NOI [4] Industry Insights - Private prisons account for less than 8% of the U.S. prison population, with CoreCivic being the largest owner of correctional and detention facilities [4] - CoreCivic manages 27% of total ICE populations and 13% of U.S. Marshals populations [5] Growth Opportunities - The company has about 9,000 beds available for reactivation to meet ICE's needs, with potential revenue generation based on a conservative estimate of $28.02 per bed [7][8] - The focus on interior enforcement by ICE is expected to create additional demand for CoreCivic's facilities [10] Recent Developments - CoreCivic activated five previously idle facilities, adding approximately 8,800 beds, which is expected to generate $500 million in revenue [14] - The company has a 97% contract retention rate over the past five years [14] Financial Strategy - The company has repaid $1.3 billion of debt since June 2020, reducing leverage from around four times to 2.3 times [15] - CoreCivic has $347 million in liquidity and plans to prioritize share repurchases over acquisitions due to limited opportunities [15][16] Acquisition Insights - The recent acquisition of the Farmville facility is expected to generate about $40 million in annual revenue and was completed seamlessly [27][29] - The company is targeting a return on investment of 13% to 15% for acquisitions, with the Farmville acquisition exceeding this target [28] Management Transition - A CEO succession plan is in place, with Patrick Swindle set to become CEO on January 1, 2026, following the current CEO's transition [17][18] Conclusion - CoreCivic is positioned for growth with strong financials, a solid operational strategy, and a focus on meeting government demand for detention services, while also navigating challenges such as staffing and government funding [19][25]

Core Points - CoreCivic, Inc. will release its 2025 third quarter financial results after market close on November 5, 2025 [1] - A live conference call will take place on November 6, 2025, at 1:30 p.m. central time [1] - Participants can register in advance to join the call via telephone [2] - An audio-only webcast of the conference call will be accessible on CoreCivic's website, with a replay available for seven days [3] Company Overview - CoreCivic is a diversified government-solutions company focused on addressing government challenges in a flexible and cost-effective manner [4] - The company provides a range of solutions including corrections and detention management, alternatives to incarceration, and government real estate solutions [4] - CoreCivic is the largest owner and one of the largest operators of partnership correctional, detention, and residential reentry facilities in the United States [4] - The company has over 40 years of experience as a reliable partner for government entities [4]

BRENTWOOD, Tenn., Oct. 01, 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 Oklahoma Department of Corrections ("OKDOC") and U.S. Immigration and Customs Enforcement ("ICE") to resume operations at the Company's 2,160-bed Diamondback Correctional Facility, a facility that has been idle since 2010. The new contract commences on September 30, 2025, for a term of five yea ...

Summary of CoreCivic Investor Conference Company Overview - **Company Name**: CoreCivic - **Ticker Symbol**: CXW - **Founded**: 1983 - **Total Assets**: Approximately $2.9 billion - **Real Estate Assets**: Approximately $2.3 billion - **2024 Revenue**: Approximately $2 billion - **Adjusted EBITDA**: $330.8 million - **Market Capitalization**: Approximately $2.2 billion - **Facilities**: 70 correctional, detention, and reentry facilities in the U.S. with a total of 79,202 beds - **Revenue Sources**: 51% from federal government, 41% from state governments, and 8% from local governments and others [2][3][4] Business Segments 1. **Safety Segment**: - Largest segment with 44 facilities and 67,289 beds - Contributes approximately 92% of net operating income (NOI) [4] 2. **Community Segment**: - 21 residential reentry facilities (halfway houses) with 4,159 beds - Contributes about 5% of NOI [5] 3. **Property Segment**: - 5 facilities leased to state government agencies with 7,754 beds - Contributes about 3% of NOI [5] Market Position - CoreCivic is the largest owner of private correctional and detention facilities, managing 57% of all owned beds and 41% of privately managed beds [6] - The company manages 27% of total ICE detention populations and 13% of U.S. Marshals populations [6][7] Recent Developments - **COVID-19 Impact**: Occupancy rates dropped during the pandemic, with a recovery to 76.8% by Q2 2023 [8] - **ICE Detention Capacity**: The One Big Beautiful Bill Act approved $45 billion for ICE, aiming to increase detention beds from 50,000 to 100,000. CoreCivic currently has 58,000 to 60,000 beds available [10][11] - **Idle Facilities**: CoreCivic has 13,419 beds in idle facilities that can be activated to meet ICE's growing demands [11][15] Financial Performance - **EBITDA Potential**: By activating idle facilities, CoreCivic could generate an additional $200 million to $225 million in EBITDA [17] - **Contract Renewal Rate**: 97% over the past five years, indicating strong customer retention [18] - **Debt Management**: Since August 2020, CoreCivic has repaid $1.3 billion in debt, maintaining a leverage ratio of 2.3 times [19][20] - **Share Repurchase Program**: $500 million authorization with $237.9 million remaining as of June 30, 2025 [21] Industry Dynamics - The company is positioned to benefit from a shift towards interior enforcement by ICE, as border encounters decrease [22][23] - Concerns about alternative detention facilities (e.g., Guantanamo Bay) are viewed as less viable due to higher costs and operational challenges compared to CoreCivic's existing facilities [24][25] Conclusion - CoreCivic presents a compelling investment opportunity with strong government contracts, a solid financial position, and growth potential in the detention market as federal needs increase [27]

Core Points - CoreCivic has been awarded two new contracts with the U.S. Immigration and Customs Enforcement to utilize 3,593 beds [1] - The company's shares increased by 4.08% in pre-market trading, reaching $22.43 [1] - CoreCivic expects to generate annual revenue from these contracts [1]

Core Points - CoreCivic has been awarded two new contracts with U.S. Immigration and Customs Enforcement (ICE) to utilize a total of 3,593 beds at two facilities, which are expected to generate nearly $200 million in annual revenue once fully activated [1][4][6] - The two facilities include the California City Immigration Processing Center with 2,560 beds and the Midwest Regional Reception Center with 1,033 beds [2][3] - The California City facility began receiving detainees on August 27, 2025, under a six-month Letter Contract, transitioning to a definitive contract effective September 1, 2025, with expected annual revenue of approximately $130 million once fully activated [6] - The Midwest Regional Reception Center's intake process has faced delays due to legal challenges, but the new contract commenced on September 7, 2025, with expected annual revenue of approximately $60 million once fully activated [6] Company Overview - CoreCivic is a diversified government-solutions company that provides a range of services including corrections and detention management, alternatives to incarceration, and government real estate solutions [5] - The company is the largest owner of partnership correctional, detention, and residential reentry facilities in the U.S. and has been a reliable partner for government for over 40 years [5]