CoreCivic

CoreCivic generates revenue through long-term contracts with U.S. agencies, daily rates and occupancy guarantees for private detention facilities. Growth is driven mainly by tightened border controls, higher occupancy at the immigration agency ICE and the backlog in repairing public prisons. The company uses strong cash flow to pay down debt and buy back shares, but remains vulnerable to political shifts in Washington. » Mere på finanzen.net

CoreCivic shares rose to a 52-week high of $34.88 after the stock gained 70.29% over the past year and has rallied about 82% year-to-date. In Q2 2026 the company beat expectations with adjusted earnings of $0.38 per share and revenue of $684.9 million. Facility sales improved liquidity and reduced debt. CoreCivic announced an accelerated $500 million share buyback agreement; approximately $255.8 million remains available under the existing repurchase program. » Mere på de.investing.com

CoreCivic entered into an accelerated repurchase agreement for $500 million under an existing $755.8-billion repurchase framework and will pay on August 10, 2026; an initial delivery of about 12.4 million shares is expected, with final settlement before the end of Q2/2027. After the purchase, approximately $255.8 million of repurchase authorization will remain. The company adjusted its full-year guidance: slightly lower net income and adjusted net income margins, while raising forecasts for diluted earnings per share and adjusted diluted earnings per share. The adjustments reflect the expected share delivery, lower interest income from deploying $500 million of cash, and the effects of a smaller weighted-average share count. » Mere på de.investing.com

CoreCivic reported adjusted earnings of $0.38 per share for Q2 2026 (expectation $0.33) and revenue of $684.9 million (expectation $615.79 million). Adjusted EBITDA rose to $109.4 million, the occupancy rate was 78.4%, and the average daily inmate count increased to 66,363. The company closed major facility sale agreements that generated roughly $1.6 billion after taxes, reducing debt and boosting liquidity. Executives highlighted an operational recovery in demand, particularly from federal agencies such as ICE, and raised the buyback authorization to $1.2 billion; the stock subsequently rose modestly. » Mere på de.investing.com

CoreCivic shares rose to a 52-week high of USD 32.6 and are currently trading near that level, more than twice the 52-week low of USD 15.73. Year-to-date the stock is up about 67%, up 60% in the last six months and 64.27% over the past year. CoreCivic announced the repayment of senior notes totaling USD 238.5 million and completed the sale of two detention facilities to the U.S. Department of Homeland Security for USD 1.5 billion, from which net proceeds of roughly USD 1.1 billion are expected after costs. Analyst Benchmark raised its price target to USD 41 (Buy), while InvestingPro considers the stock overvalued despite an attractive PEG of 0.41. » Mere på de.investing.com