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. » More on 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. » More on 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. » More on de.investing.com