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 -27.97% downside from CXW’s last price of $21.52) and a rating consensus of 'Hold', 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 -27.97% downside from CXW's last price of $21.52.

CXW Analyst Ratings

Hold

According to 2 Wall Street analysts, CoreCivic's rating consensus is 'Hold'. The analyst rating breakdown for CXW stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

CoreCivic Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
Jun 11, 2024	Greg Gibas	Northland Securities	$17.00	$11.46	48.34%	-21.00%
Jun 11, 2024	Jay McCanless	Wedbush	$14.00	$14.79	-5.34%	-34.94%

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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 -21.00% decrease from CXW last price ($21.52).

CoreCivic Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	2
Avg Price Target	-	-	$15.50
Last Closing Price	$21.52	$21.52	$21.52
Upside/Downside	-100.00%	-100.00%	-27.97%

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 $21.52. 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

Date	Company	Previous Rating	New Rating	Rating Change
Aug 09, 2024	Wedbush	Neutral	Neutral	Hold
Jun 12, 2024	Noble Capital Markets	-	Market Perform	Downgrade
Jun 11, 2024	Wedbush	Outperform	Neutral	Downgrade
May 09, 2024	Wedbush	Outperform	Outperform	Hold
Apr 08, 2024	Wedbush	Outperform	Outperform	Hold
Feb 09, 2024	Wedbush	Outperform	Outperform	Hold
Nov 08, 2023	Wedbush	Outperform	Outperform	Hold

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CoreCivic's last stock rating was published by Wedbush on Aug 09, 2024. The company gave CXW a "Neutral" rating, the same as its previous rate.

CoreCivic Financial Forecast

CoreCivic Revenue Forecast

	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 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	$533.55M	$519.87M	$486.22M	$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	$544.71M	$530.73M	$496.38M	$482.11M	$471.03M	$470.66M	$481.87M	$477.93M	$495.06M	$482.72M	$477.23M	$479.28M	$478.86M	$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	$524.96M	$511.49M	$478.38M	$464.63M	$460.81M	$469.02M	$481.86M	$477.93M	$481.91M	$469.98M	$459.93M	$461.90M	$461.50M	$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
# Analysts	1	1	1	1	4	2	2	2	4	3	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
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 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	4	2	2	2	4	3	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
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	$96.83M	$94.35M	$88.24M	$85.71M	$84.42M	$85.27M	$87.45M	$116.97M	$88.86M	$86.16M	$84.84M	$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	$98.86M	$96.32M	$90.09M	$87.50M	$85.49M	$85.42M	$87.45M	$140.37M	$89.85M	$87.61M	$86.61M	$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	$95.27M	$92.83M	$86.82M	$84.32M	$83.63M	$85.12M	$87.45M	$93.58M	$87.46M	$85.29M	$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 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	4	2	2	2	4	3	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
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	$31.07M	$29.68M	$22.19M	$16.65M	$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	$31.92M	$30.49M	$22.80M	$17.10M	$11.44M	$10.03M	$14.59M	$33.11M	$21.47M	$15.54M	$13.30M	$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	$30.42M	$29.06M	$21.73M	$16.20M	$10.40M	$9.56M	$13.91M	$22.07M	$18.48M	$12.21M	$12.68M	$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 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	4	2	2	2	4	3	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
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	$36.63M	$35.69M	$33.38M	$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	$37.39M	$36.44M	$34.08M	$33.10M	$32.34M	$32.31M	$33.08M	$54.19M	$33.99M	$33.14M	$32.76M	$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	$36.04M	$35.11M	$32.84M	$31.90M	$31.64M	$32.20M	$33.08M	$36.13M	$33.08M	$32.26M	$31.57M	$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 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19	Sep 19	Jun 19	Mar 19	Mar 18	Mar 17
# Analysts	1	1	1	1	4	2	2	2	4	3	1	1	1	1	1	1	1	1	1	1	1	4	5	4	4	3	4	3	8	9
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	$0.28	$0.27	$0.20	$0.15	$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	$0.29	$0.27	$0.21	$0.15	$0.10	$0.09	$0.13	$0.15	$0.19	$0.14	$0.12	$0.13	$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	$0.27	$0.26	$0.20	$0.15	$0.09	$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 $0.15. This represents a -34.78% decrease compared to CXW previous annual EPS of $0.23 (Dec 23).

CoreCivic Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
EVLV	Evolv Technologies	$2.51	$5.38	114.34%	Buy
REZI	Resideo	$25.36	$32.00	26.18%	Sell
MG	Mistras Group	$9.07	$11.00	21.28%	Buy
ADT	ADT	$7.60	$8.40	10.53%	Hold
MSA	MSA Safety	$176.91	$176.00	-0.51%	Buy
ALLE	Allegion	$140.83	$126.60	-10.10%	Hold
NL	NL Industries	$7.80	$6.00	-23.08%	Sell
CXW	CoreCivic	$21.52	$15.50	-27.97%	Hold

CXW Forecast FAQ

Is CoreCivic a good buy?

No, according to 2 Wall Street analysts, CoreCivic (CXW) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% 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 -27.97% from its last price of $21.52. 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 -27.97% (from the last price of $21.52 to the average price target of $15.5), down by -21.00% based on the highest stock price target, and down by -34.94% 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 $374.12M (high $398.73M, low $349.78M), average net income is $62.66M (high $69.18M, low $55.95M), average SG&A $142.43M (high $151.92M, low $133.04M), and average EPS is $0.466 (high $0.479, low $0.452). CXW's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.01B (high $2.05B, low $1.98B), average EBITDA is $365.13M (high $372.76M, low $359.25M), average net income is $99.6M (high $102.3M, low $97.41M), average SG&A $138.12M (high $141M, low $135.89M), and average EPS is $0.898 (high $0.922, low $0.878).

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 $366.2M by -74.41%. 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 $88.86M by -65.49%. 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%