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CoreCivic Inc (CXW.N)

CXW.N on New York Stock Exchange

20.66USD
18 Apr 2019
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Latest Key Developments (Source: Significant Developments)

Corecivic Q3 Adjusted FFO Per Share $0.58
Tuesday, 6 Nov 2018 

Nov 5 (Reuters) - CoreCivic Inc ::CORECIVIC REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 ADJUSTED FFO PER SHARE $0.58.Q3 FFO PER SHARE $0.56.Q3 REVENUE ROSE 4.5 PERCENT TO $462.7 MILLION.SEES Q4 2018 FFO PER DILUTED SHARE $0.60 TO $0.63.SEES Q4 2018 ADJUSTED EPS PER DILUTED SHARE $0.39 TO $0.41.SEES Q4 2018 DILUTED EPS $0.39 TO $0.41.SEES Q4 2018 NORMALIZED FFO PER DILUTED SHARE $0.61 TO $0.63.DURING 2018, COMPANY EXPECTS TO INVEST APPROXIMATELY $141.1 MILLION TO $147.6 MILLION IN CAPITAL EXPENDITURES.Q4 FFO PER SHARE VIEW $0.64 -- THOMSON REUTERS I/B/E/S.Q3 FFO PER SHARE VIEW $0.59 -- THOMSON REUTERS I/B/E/S.  Full Article

CoreCivic Enters Into New Management Contract With The State Of Vermont
Wednesday, 19 Sep 2018 

Sept 19 (Reuters) - CoreCivic Inc ::CORECIVIC ENTERS INTO NEW MANAGEMENT CONTRACT WITH THE STATE OF VERMONT AT THE TALLAHATCHIE COUNTY CORRECTIONAL FACILITY.CORECIVIC INC - BASED ON EXPECTATIONS OF CONTRACT UTILIZATION, CURRENTLY EXPECT NEW CONTRACT TO GENERATE ABOUT $6.5 MILLION OF ANNUAL REVENUE.CORECIVIC - NEW MANAGEMENT CONTRACT WITH STATE OF VERMONT AT TALLAHATCHIE COUNTY CORRECTIONAL FACILITY COMMENCES ON OCT. 1 & HAS INITIAL TERM OF 2 YRS.  Full Article

Corecivic Inc Files For Potential Mixed Shelf Offering Size Not Disclosed
Wednesday, 29 Aug 2018 

Aug 28 (Reuters) - CoreCivic Inc ::CORECIVIC INC FILES FOR POTENTIAL MIXED SHELF OFFERING; SIZE NOT DISCLOSED.  Full Article

CoreCivic Announces Increase In Quarterly Cash Dividend To $0.43 Per Share
Friday, 23 Feb 2018 

Feb 22 (Reuters) - CoreCivic Inc ::CORECIVIC ANNOUNCES INCREASE IN QUARTERLY CASH DIVIDEND TO $0.43 PER SHARE.  Full Article

Corecivic Q4 Adjusted FFO Per Share $0.60
Thursday, 15 Feb 2018 

Feb 14 (Reuters) - Corecivic Inc ::CORECIVIC REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 ADJUSTED FFO PER SHARE $0.60.Q4 FFO PER SHARE $0.56.Q4 REVENUE $440.6 MILLION VERSUS $464.1 MILLION.‍NORMALIZED FFO PER DILUTED SHARE OF $0.60 FOR Q4​.‍SPECIAL ITEMS IN Q4 OF 2017 INCLUDED CHARGES OF $4.5 MILLION ASSOCIATED WITH RECENT TAX REFORM ​.‍DURING 2018 EXPECTS TO INVEST APPROXIMATELY $121.5 MILLION TO $130.5 MILLION IN CAPITAL EXPENDITURES​.‍ SEES FY18 DILUTED EPS $1.40 TO $1.48​.‍ SEES FY18 ADJUSTED EPS PER DILUTED SHARE $1.41 TO $1.49​.SEES FY18 ‍ FFO PER DILUTED SHARE $2.22 TO $2.30​.‍ SEES FY18 NORMALIZED FFO PER DILUTED SHARE $2.23 TO $2.31​.FY2018 FFO PER SHARE VIEW $2.24 -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.36 -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $1.75 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

CoreCivic Announces Award For Development Of Correctional Facility In Kansas
Thursday, 25 Jan 2018 

Jan 24 (Reuters) - Corecivic Inc ::CORECIVIC ANNOUNCES AWARD FOR THE DEVELOPMENT OF A 2,432-BED CORRECTIONAL FACILITY IN LANSING, KANSAS.CORECIVIC INC - CO AWARDED A 20-YEAR LEASE AGREEMENT WITH KANSAS DEPARTMENT OF CORRECTIONS FOR A CORRECTIONAL FACILITY IN LANSING, KANSAS.CORECIVIC INC - NEW FACILITY WILL REPLACE KDOC'S 2,405-BED LANSING CORRECTIONAL FACILITY.CORECIVIC INC - LEASE AGREEMENT WITH KDOC WILL COMMENCE UPON COMPLETION OF FACILITY CONSTRUCTION WITH A BASE-YEAR LEASE RATE OF $14.9 MILLION.CORECIVIC - ‍CONSTRUCTION OF NEW FACILITY IS EXPECTED TO COMMENCE IN Q1 2018 WITH TIMELINE FOR COMPLETION OF ABOUT 24 MONTHS​.  Full Article

Corecivic enters into new management contract with the Commonwealth of Kentucky
Friday, 17 Nov 2017 

Nov 16 (Reuters) - Corecivic Inc :Corecivic enters into new management contract with the Commonwealth of Kentucky at the Lee Adjustment Center.‍Entered contract with Commonwealth of Kentucky department of corrections to house medium, close-security offenders at co's lee adjustment center​.‍Expect to incur operating losses at Lee Adjustment Center of $0.03 to $0.04 per share for staffing and other start-up related expenses.‍Most of the operating losses of $0.03 to $0.04 per share at Lee Adjustment Center will be incurred during Q1 of 2018.‍Upon reaching normalized occupancy new contract is expected to generate approximately $15.0 million to $17.0 million of annual revenue​.  Full Article

Corecivic reports Q3 FFO of $0.55 per share
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Corecivic Inc :Corecivic reports third quarter 2017 financial results.Q3 adjusted FFO per share $0.56.Q3 FFO per share $0.55.Q3 revenue $442.8 million versus i/b/e/s view $437.2 million.Sees Q4 ‍ffo per diluted share $0.55 to $0.57​.Sees ‍Q4 adjusted diluted EPS $0.35 to $0.37​.  Full Article

CoreCivic prices offering of senior unsecured notes
Thursday, 12 Oct 2017 

Oct 11 (Reuters) - CoreCivic Inc :CoreCivic prices offering of Senior unsecured notes.CoreCivic Inc - ‍ pricing of its offering of $250 million aggregate principal amount of senior unsecured notes due 2027​.  Full Article

CoreCivic announces offering of senior unsecured notes
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - Corecivic Inc :CoreCivic announces offering of senior unsecured notes.CoreCivic Inc - ‍intends to offer $250 million aggregate principal amount of senior unsecured notes due 2027​.CoreCivic Inc - ‍intends to use net proceeds from offering to repay portion of outstanding borrowings & to pay related fees and expenses.  Full Article

Investor activists press U.S. prison operators on human rights

BOSTON, Dec 18 Activist investors said on Tuesday they filed shareholder resolutions at two U.S. private prison operators, looking to link executive pay to human rights considerations at CoreCivic Inc and have Geo Group give more details on the treatment of people held at correction and detention facilities.