New insider activity at CoreCivic ( (CXW) ) has taken place on May 17, 2025.
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Lucibeth Mayberry, the Executive Vice President and Chief Innovation Officer at CoreCivic, has recently sold 75,000 shares of the company’s stock. This transaction amounted to a total value of $1,611,000.
Recent Updates on CXW stock
In the last 24 hours, CoreCivic’s stock has seen significant developments, primarily driven by its strong Q1 2025 financial performance and strategic initiatives. Noble Capital raised its price target for CoreCivic, citing substantial opportunities from recent agreements with U.S. Immigration and Customs Enforcement (ICE) for potentially three facilities, which are expected to boost growth. CoreCivic reported a Q1 revenue of $488.6 million, surpassing expectations, and increased its full-year guidance due to improved occupancy and new contracts. The company also reactivated previously idle facilities and secured new agreements with ICE, enhancing its operational capacity. Despite some revenue declines from terminated contracts, the overall positive financial performance and increased contracting activity, particularly with ICE, have led to an optimistic outlook for the company. CoreCivic’s management anticipates further growth, supported by its extensive real estate and operational capabilities.
Spark’s Take on CXW Stock
According to Spark, TipRanks’ AI Analyst, CXW is a Neutral.
CoreCivic presents a stable investment opportunity with strong cash flow management and positive earnings call insights. However, the high P/E ratio and lack of revenue growth, combined with mixed technical signals, suggest a cautious outlook. The revised financial guidance and successful contract activations provide a positive sentiment, yet the stock’s valuation and moderate leverage require attention.
To see Spark’s full report on CXW stock, click here.
More about CoreCivic
YTD Price Performance: 0.87%
Average Trading Volume: 1,176,143
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.35B