CoreCivic (CXW) Stock Forecast, Price Target & Predictions


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CXW Stock Forecast


CoreCivic stock forecast is as follows: an average price target of $15.50 (represents a -25.66% downside from CXW’s last price of $20.85) and a rating consensus of 'Buy', based on 2 wall street analysts offering a 1-year stock forecast.

CXW Price Target


The average price target for CoreCivic (CXW) is $15.50 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $17.00 to $14.00. This represents a potential -25.66% downside from CXW's last price of $20.85.

CXW Analyst Ratings


Buy

According to 2 Wall Street analysts, CoreCivic's rating consensus is 'Buy'. The analyst rating breakdown for CXW stock is 0 'Strong Buy' (0.00%), 1 'Buy' (50.00%), 1 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

CoreCivic Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Jun 11, 2024Greg GibasNorthland Securities$17.00$11.4648.34%-18.47%
Jun 11, 2024Jay McCanlessWedbush$14.00$14.79-5.34%-32.85%

The latest CoreCivic stock forecast, released on Jun 11, 2024 by Greg Gibas from Northland Securities, set a price target of $17.00, which represents a 48.34% increase from the stock price at the time of the forecast ($11.46), and a -18.47% decrease from CXW last price ($20.85).

CoreCivic Price Target by Period


1M3M12M
# Anlaysts--2
Avg Price Target--$15.50
Last Closing Price$20.85$20.85$20.85
Upside/Downside-100.00%-100.00%-25.66%

In the current month, the average price target of CoreCivic stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to CoreCivic's last price of $20.85. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Dec 10, 2024WedbushNeutralOutperformUpgrade
Aug 09, 2024WedbushNeutralNeutralHold
Jun 12, 2024Noble Capital MarketsMarket PerformDowngrade
Jun 11, 2024WedbushOutperformNeutralDowngrade
May 09, 2024WedbushOutperformOutperformHold
Apr 08, 2024WedbushOutperformOutperformHold
Feb 09, 2024WedbushOutperformOutperformHold
Nov 08, 2023WedbushOutperformOutperformHold

CoreCivic's last stock rating was published by Wedbush on Dec 10, 2024. The company Upgrade its CXW rating from "Neutral" to "Outperform".

CoreCivic Financial Forecast


CoreCivic Revenue Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
Revenue--------$491.25M$483.70M$463.68M$458.00M$471.43M$464.21M$456.70M$452.99M$472.13M$471.19M$464.57M$454.72M$473.48M$468.27M$472.64M$491.10M$497.81M$508.52M$490.29M$484.06M$440.92M$445.68M
Avg Forecast$535.45M$521.72M$489.77M$472.24M$465.17M$469.84M$481.86M$477.93M$489.63M$474.76M$467.46M$469.46M$469.05M$461.55M$460.06M$467.34M$481.27M$467.14M$466.09M$470.24M$473.07M$462.00M$474.00M$476.00M$476.42M$493.30M$488.34M$466.90M$427.12M$403.25M
High Forecast$551.66M$537.51M$504.59M$476.82M$468.11M$470.66M$481.87M$477.93M$495.06M$482.72M$481.61M$483.67M$483.25M$468.59M$467.09M$474.47M$488.62M$474.27M$473.20M$477.42M$480.29M$469.05M$481.24M$483.27M$483.69M$500.83M$495.80M$474.03M$512.55M$483.90M
Low Forecast$527.66M$514.12M$482.64M$468.99M$462.61M$469.02M$481.86M$477.93M$481.91M$469.98M$460.66M$462.63M$462.23M$457.32M$455.85M$463.06M$476.86M$462.86M$461.82M$465.93M$468.73M$457.77M$469.66M$471.64M$472.06M$488.78M$483.87M$462.62M$341.70M$322.60M
# Analysts111342224311111111111454434389
Surprise %--------1.00%1.02%0.99%0.98%1.01%1.01%0.99%0.97%0.98%1.01%1.00%0.97%1.00%1.01%1.00%1.03%1.04%1.03%1.00%1.04%1.03%1.11%

CoreCivic's average Quarter revenue forecast for Mar 24 based on 2 analysts is $477.93M, with a low forecast of $477.93M, and a high forecast of $477.93M. CXW's average Quarter revenue forecast represents a -2.71% decrease compared to the company's last Quarter revenue of $491.25M (Dec 23).

CoreCivic EBITDA Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111342224311111111111454434389
EBITDA--------$30.67M$22.90M$24.00M$70.74M$84.14M$64.97M$71.97M$78.30M$94.56M$93.27M$79.45M$41.60M$30.40M$85.14M$80.84M$96.32M$102.00M$108.11M$106.80M$108.78M$96.84M$105.28M
Avg Forecast$97.02M$94.53M$88.74M$85.57M$84.29M$85.13M$87.31M$116.97M$88.72M$86.02M$84.70M$106.34M$94.56M$83.76M$83.50M$96.67M$87.34M$84.78M$84.59M$178.70M$85.86M$83.85M$86.03M$92.62M$86.46M$89.53M$88.63M$93.67M$93.71M$94.20M
High Forecast$99.96M$97.39M$91.43M$86.40M$84.82M$85.28M$87.31M$140.37M$89.70M$87.47M$87.27M$127.61M$113.47M$85.04M$84.77M$116.01M$88.68M$86.07M$85.88M$214.44M$87.17M$85.13M$87.34M$111.14M$87.78M$90.89M$89.98M$112.41M$112.46M$113.04M
Low Forecast$95.61M$93.16M$87.45M$84.98M$83.82M$84.98M$87.31M$93.58M$87.32M$85.16M$83.47M$85.07M$75.65M$83.00M$82.73M$77.34M$86.54M$84.00M$83.81M$142.96M$85.07M$83.08M$85.24M$74.09M$85.67M$88.71M$87.82M$74.94M$74.97M$75.36M
Surprise %--------0.35%0.27%0.28%0.67%0.89%0.78%0.86%0.81%1.08%1.10%0.94%0.23%0.35%1.02%0.94%1.04%1.18%1.21%1.21%1.16%1.03%1.12%

2 analysts predict CXW's average Quarter EBITDA for Mar 24 to be $116.97M, with a high of $140.37M and a low of $93.58M. This is 281.40% upper than CoreCivic's previous annual EBITDA (Dec 23) of $30.67M.

CoreCivic Net Income Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111342224311111111111454434389
Net Income--------$26.47M$13.89M$14.83M$12.40M$24.44M$68.32M$10.56M$19.00M$28.04M$30.01M$15.62M$-125.57M$-26.80M$26.72M$22.19M$32.06M$41.97M$48.99M$48.58M$49.34M$37.78M$50.05M
Avg Forecast$32.18M$29.68M$23.03M$17.48M$11.10M$9.77M$14.20M$27.59M$19.97M$14.43M$12.95M$25.08M$28.04M$68.24M$17.01M$22.80M$26.63M$21.08M$22.19M$-539.37M$26.63M$24.41M$19.97M$30.82M$41.05M$43.27M$43.27M$42.49M$36.56M$44.78M
High Forecast$33.45M$30.85M$23.93M$17.94M$11.53M$10.15M$14.76M$33.11M$21.47M$15.54M$13.46M$30.10M$33.64M$69.59M$17.35M$27.36M$27.16M$21.50M$22.63M$-431.50M$27.16M$24.89M$20.37M$36.99M$41.87M$44.13M$44.13M$50.98M$43.87M$53.73M
Low Forecast$31.57M$29.12M$22.59M$17.02M$10.89M$9.58M$13.94M$22.07M$18.48M$12.21M$12.70M$20.07M$22.43M$67.42M$16.81M$18.24M$26.31M$20.83M$21.93M$-647.25M$26.31M$24.12M$19.73M$24.66M$40.56M$42.76M$42.76M$33.99M$29.25M$35.82M
Surprise %--------1.33%0.96%1.15%0.49%0.87%1.00%0.62%0.83%1.05%1.42%0.70%0.23%-1.01%1.09%1.11%1.04%1.02%1.13%1.12%1.16%1.03%1.12%

CoreCivic's average Quarter net income forecast for Mar 24 is $27.59M, with a range of $22.07M to $33.11M. CXW's average Quarter net income forecast represents a 4.25% increase compared to the company's last Quarter net income of $26.47M (Dec 23).

CoreCivic SG&A Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111342224311111111111454434389
SG&A--------$36.87M$33.93M$32.61M$32.68M$34.89M$30.19M$31.51M$31.10M$38.41M$34.60M$33.23M$29.53M$27.03M$35.88M$30.14M$31.28M$32.23M$32.04M$33.36M$29.45M$24.97M$24.83M
Avg Forecast$36.76M$35.82M$33.62M$32.42M$31.93M$32.25M$33.08M$45.16M$33.61M$32.59M$32.09M$41.05M$38.41M$31.69M$31.58M$37.32M$33.04M$32.07M$32.00M$126.84M$32.48M$31.72M$32.54M$30.08M$32.71M$33.87M$33.53M$25.36M$24.17M$22.21M
High Forecast$37.87M$36.90M$34.64M$32.73M$32.14M$32.31M$33.08M$54.19M$33.99M$33.14M$33.06M$49.26M$46.09M$32.17M$32.07M$44.79M$33.54M$32.56M$32.49M$152.21M$32.97M$32.20M$33.04M$36.09M$33.21M$34.38M$34.04M$30.43M$29.00M$26.66M
Low Forecast$36.22M$35.30M$33.13M$32.20M$31.76M$32.20M$33.08M$36.13M$33.08M$32.26M$31.62M$32.84M$30.73M$31.40M$31.29M$29.86M$32.74M$31.78M$31.70M$101.48M$32.18M$31.43M$32.24M$24.06M$32.41M$33.56M$33.22M$20.28M$19.33M$17.77M
Surprise %--------1.10%1.04%1.02%0.80%0.91%0.95%1.00%0.83%1.16%1.08%1.04%0.23%0.83%1.13%0.93%1.04%0.99%0.95%1.00%1.16%1.03%1.12%

CoreCivic's average Quarter SG&A projection for Mar 24 is $45.16M, based on 2 Wall Street analysts, with a range of $36.13M to $54.19M. The forecast indicates a 22.49% rise compared to CXW last annual SG&A of $36.87M (Dec 23).

CoreCivic EPS Forecast

Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19Mar 18Mar 17
# Analysts111342224311111111111454434389
EPS--------$0.23$0.12$0.13$0.11$0.21$0.59$0.09$0.16$0.23$0.25$0.13$-1.05$-0.22$0.22$0.19$0.27$0.35$0.41$0.41$0.42$0.32$0.42
Avg Forecast$0.29$0.27$0.21$0.16$0.10$0.09$0.13$0.15$0.18$0.13$0.12$0.13$0.12$0.61$0.15$0.20$0.24$0.19$0.20$0.24$0.24$0.22$0.18$0.26$0.37$0.39$0.39$0.36$0.30$0.34
High Forecast$0.30$0.28$0.22$0.16$0.10$0.09$0.13$0.16$0.19$0.14$0.12$0.14$0.13$0.63$0.16$0.20$0.24$0.19$0.20$0.24$0.24$0.22$0.18$0.27$0.38$0.40$0.40$0.37$0.36$0.41
Low Forecast$0.28$0.26$0.20$0.15$0.10$0.09$0.13$0.15$0.17$0.11$0.11$0.13$0.12$0.61$0.15$0.19$0.24$0.19$0.20$0.24$0.24$0.22$0.18$0.26$0.37$0.39$0.39$0.36$0.24$0.27
Surprise %--------1.28%0.92%1.11%0.85%1.70%0.96%0.59%0.81%0.96%1.32%0.65%-4.38%-0.92%1.00%1.06%1.04%0.95%1.05%1.05%1.17%1.07%1.24%

According to 2 Wall Street analysts, CoreCivic's projected average Quarter EPS for Mar 24 is $0.15, with a low estimate of $0.15 and a high estimate of $0.16. This represents a -34.78% decrease compared to CXW previous annual EPS of $0.23 (Dec 23).

CoreCivic Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
ADTADT$7.09$9.1028.35%Hold
REZIResideo$25.45$32.0025.74%Sell
MGMistras Group$9.08$11.0021.15%Buy
MSAMSA Safety$168.97$200.0018.36%Buy
ALLEAllegion$136.64$126.60-7.35%Hold
EVLVEvolv Technologies$3.77$2.75-27.06%Buy
CXWCoreCivic$21.39$15.50-27.54%Buy
NLNL Industries$8.38$6.00-28.40%Sell

CXW Forecast FAQ


Is CoreCivic a good buy?

Yes, according to 2 Wall Street analysts, CoreCivic (CXW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 1 'Buy' recommendations, accounting for 50.00% of CXW's total ratings.

What is CXW's price target?

CoreCivic (CXW) average price target is $15.5 with a range of $14 to $17, implying a -25.66% from its last price of $20.85. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will CoreCivic stock go up soon?

According to Wall Street analysts' prediction for CXW stock, the company can go down by -25.66% (from the last price of $20.85 to the average price target of $15.5), down by -18.47% based on the highest stock price target, and down by -32.85% based on the lowest stock price target.

Can CoreCivic stock reach $30?

CXW's average twelve months analyst stock price target of $15.5 does not support the claim that CoreCivic can reach $30 in the near future.

What are CoreCivic's analysts' financial forecasts?

CoreCivic's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $1.89B (high $1.9B, low $1.89B), average EBITDA is $373.7M (high $397.78M, low $349.7M), average net income is $62.66M (high $69.56M, low $56.48M), average SG&A $142.43M (high $151.72M, low $133.16M), and average EPS is $0.466 (high $0.484, low $0.457). CXW's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.02B (high $2.07B, low $1.99B), average EBITDA is $365.87M (high $375.18M, low $361.2M), average net income is $102.37M (high $106.17M, low $100.3M), average SG&A $138.62M (high $142.15M, low $136.85M), and average EPS is $0.922 (high $0.957, low $0.904).

Did the CXW's actual financial results beat the analysts' financial forecasts?

Based on CoreCivic's last annual report (Dec 2023), the company's revenue was $1.9B, which missed the average analysts forecast of $1.9B by -0.25%. Apple's EBITDA was $93.71M, missing the average prediction of $365.79M by -74.38%. The company's net income was $67.59M, missing the average estimation of $72.43M by -6.68%. Apple's SG&A was $136.08M, missing the average forecast of $139.35M by -2.34%. Lastly, the company's EPS was $0.59, beating the average prediction of $0.557 by 5.99%. In terms of the last quarterly report (Dec 2023), CoreCivic's revenue was $491.25M, beating the average analysts' forecast of $489.63M by 0.33%. The company's EBITDA was $30.67M, missing the average prediction of $88.72M by -65.43%. CoreCivic's net income was $26.47M, beating the average estimation of $19.97M by 32.51%. The company's SG&A was $36.87M, beating the average forecast of $33.61M by 9.68%. Lastly, the company's EPS was $0.23, beating the average prediction of $0.18 by 27.78%