CoreCivic, Inc. (CXW)

CoreCivic's stock price has been influenced by several events in the past six months. The company reported strong financial results for Q2 2025, with total revenue increasing and net income surging, attributed to increased demand from ICE and improved facility utilization. CoreCivic also acquired the Farmville Detention Center and reactivated three previously idle facilities and raised its full-year 2025 guidance. CoreCivic's shares fell after the company reported Q3 2025 results that missed profit expectations, despite announcing better-than-expected revenue, and lowered its full-year guidance. CoreCivic also announced an expansion of its revolving credit facility. CoreCivic was awarded a new management contract with the state of Montana for additional inmates. Over the past 52 weeks, CoreCivic's stock has ranged from a low of $15.95 to a high of $23.54. As of February 6, 2026, the closing price was $18.72.

Demand for CoreCivic's products and services is primarily driven by government policy, the renewal of existing contracts, and the operational need to increase bed capacity. The company's revenue model is largely based on government contracts, which typically span three to five years with multiple renewal options, and compensation is often on a per-diem basis tied to actual or minimum guaranteed occupancy levels. Recent periods have shown increased demand from federal partners, particularly U.S. Immigration and Customs Enforcement (ICE), and state partners. Demand is responsive to changes in criminal justice and immigration policies and government funding, the provided information does not indicate distinct seasonal patterns for CoreCivic's products and services. Instead, demand appears to be more influenced by ongoing governmental operational needs and policy shifts.

CoreCivic, Inc. is a diversified government-solutions company that owns and operates correctional, detention, and residential reentry facilities across the United States. The company operates through three segments: CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. CoreCivic Safety manages correctional and detention facilities, including transportation services. CoreCivic Community manages residential reentry centers and offers electronic monitoring and case management services. CoreCivic Properties owns real estate properties that are leased to government agencies. CoreCivic's major products and services encompass corrections and detention management, a network of residential reentry centers, and government real estate solutions. Beyond basic housing, the company provides various rehabilitation and educational programs, as well as essential services such as food, healthcare, and work and recreational programs. The company is classified under the Industrials sector, specifically within the Security & Protection Services and Miscellaneous Commercial Services industries.

CoreCivic, Inc. primarily operates its facilities and provides services within the United States. As of December 2023, the company managed 43 correctional and detention facilities with approximately 65,000 beds, and 23 residential reentry centers with about 5,000 beds. Additionally, it owned 6 properties with roughly 10,000 beds that are leased to other operators.

CoreCivic operates in an industry that often faces scrutiny. While heightened ESG concerns and reputation risks may impact the company's ability to secure funding, no specific events that have significantly affected CoreCivic's brand reputation in the past year were detailed in the provided information. The available information primarily focuses on the company's financial and operational performance.

CoreCivic, Inc. has a diverse ownership structure, with a significant portion held by institutional investors. Approximately 48.65% of the company's stock is owned by institutional investors, 2.84% by insiders, and 48.51% by public companies and individual investors. Major institutional owners of CoreCivic, Inc. include BlackRock, Inc., Vanguard Group Inc, River Road Asset Management, LLC, iShares Core S&P Small-Cap ETF, Cooper Creek Partners Management Llc, State Street Corp, Goldman Sachs Group Inc, Vanguard Total Stock Market Index Fund Investor Shares, iShares Russell 2000 ETF, and Geode Capital Management, Llc.