Corecivic Stock Analysis

CoreCivic Stock Analysis Notes

About 91.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.64. Some equities with similar Price to Book (P/B) outperform the market in the long run. CoreCivic has Price/Earnings To Growth (PEG) ratio of 1.44. The entity last dividend was issued on the 31st of March 2020. The firm had 2:1 split on the 9th of July 2007. CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States. The company was founded in 1983 and is based in Brentwood, Tennessee. Corecivic operates under REITSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 10350 people. For more info on CoreCivic please contact Damon Hininger at 615 263 3000 or go to https://www.corecivic.com.

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CoreCivic Largest EPS Surprises

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CoreCivic Environmental, Social, and Governance (ESG) Scores

CoreCivic Stock Institutional Investors

Note, although CoreCivic's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

CoreCivic Market Capitalization

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.43 B.

CoreCivic Profitablity

The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.1 %, which entails that for every 100 dollars of revenue, it generated $0.1 of operating income.

Management Efficiency

CoreCivic has Return on Asset of 0.0426 % which means that on every $100 spent on assets, it made $0.0426 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0518 %, implying that it generated $0.0518 on every 100 dollars invested. CoreCivic's management efficiency ratios could be used to measure how well CoreCivic manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 0.06 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, CoreCivic's Debt To Assets are fairly stable compared to the past year. Fixed Asset Turnover is likely to climb to 0.98 in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.9 B in 2024.

Technical Drivers

As of the 27th of November, CoreCivic shows the Risk Adjusted Performance of 0.1284, mean deviation of 2.55, and Downside Deviation of 2.51. CoreCivic technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm CoreCivic standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if CoreCivic is priced correctly, providing market reflects its regular price of 21.94 per share. Given that CoreCivic has jensen alpha of 0.3914, we suggest you to validate CoreCivic's prevailing market performance to make sure the company can sustain itself at a future point.

CoreCivic Price Movement Analysis

CoreCivic Insider Trading Activities

CoreCivic Outstanding Bonds

CoreCivic Predictive Daily Indicators

CoreCivic Corporate Filings

CoreCivic Forecast Models

CoreCivic's time-series forecasting models are one of many CoreCivic's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary CoreCivic's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how CoreCivic prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling CoreCivic shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as CoreCivic. By using and applying CoreCivic Stock analysis, traders can create a robust methodology for identifying CoreCivic entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. CoreCivic analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. CoreCivic analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

CoreCivic stock analysis indicators help investors evaluate how CoreCivic stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading CoreCivic shares will generate the highest return on investment. By understating and applying CoreCivic stock analysis, traders can identify CoreCivic position entry and exit signals to maximize returns.

When running CoreCivic's price analysis, check to measure CoreCivic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy CoreCivic is operating at the current time. Most of CoreCivic's value examination focuses on studying past and present price action to predict the probability of CoreCivic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CoreCivic's price. Additionally, you may evaluate how the addition of CoreCivic to your portfolios can decrease your overall portfolio volatility.