CoreCivic: An Undervalued Opportunity In The Private Prison Sector
CoreCivic's share price lags behind GEO Group, but it has a stronger balance sheet, stable cash flows, and an attractive valuation. CoreCivic has reduced its debt significantly, allowing for share buybacks, which can support the share price and offer growth potential. GEO Group benefited from a short squeeze, driving up its share price, but CoreCivic offers a better valuation with a P/B ratio of 1.5x versus 3.3x.
Trump's plan for mass deportation could have a big effect on prices
Some experts say there is really nothing the government can do about high food prices.
Trump's 'Very Tough' Mass Deportation Vow Fuels Prison Stock Rally
Trump's immigration crackdown could raise need for ICE detention beds and renew a lost contract. CoreCivic offers early entry.
An Options Trader's Guide to Election Day Fallout
Subscribers to Chart of the Week received this commentary on Sunday, October 27.
Private prison stocks jump on Trump appointment of immigration hardliner Tom Homan
Private prison stocks Geo Group and CoreCivic rose Monday after President-elect Donald Trump chose Tom Homan as his "border czar." Homan told a conservative conference in July that he "will run the biggest deportation force this country has ever seen" when Trump returns to office.
Why These Two Prison Stocks Soared Around 80% This Week
CoreCivic and Geo Group, which also run migrant detention centers, are having one of the best weeks since Trump's win in November 2016. The post Why These Two Prison Stocks Soared Around 80% This Week appeared first on Investor's Business Daily.
Trump win drives up prison stocks
CNBC's Eamon Javers joins 'The Exchange' to report on prison stocks moving higher since Trump's victory, in part based on his deportation plan.
CoreCivic, Inc. (CXW) Q3 2024 Earnings Call Transcript
CoreCivic, Inc. (NYSE:CXW ) Q3 2024 Earnings Conference Call November 7, 2024 9:30 AM ET Company Participants Mike Grant - Managing Director of Investor Relations Damon Hininger - President and Chief Executive Officer David Garfinkle - Chief Financial Officer Conference Call Participants Jason Weaver - JonesTrading M. Marin - Zacks Investment Research, Inc. Brian Violino - Wedbush Securities Joe Gomes - Noble Capital Markets Greg Gibas - Northland Securities Kirk Ludtke - Imperial Capital, LLC Ben Briggs - StoneX Financial Operator Thank you for standing by.
Geo Group and CoreCivic move guidance in opposite directions, a day after both prison stocks soared
Prison operators GEO Group and CoreCivic moved their guidance in opposition directions on Thursday, after both companies' stock had surged in anticipation of higher immigrant detentions by President-elect Donald Trump's administration.
Prison Stocks Geo Group, CoreCivic Rally On Trump 2024 Election Win: History Shows The Gains May Not Last
Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election.
Which Sectors Stand to Benefit From Election Outcomes
Subscribers to Chart of the Week received this commentary on Sunday, September 15.
CoreCivic, Inc. (CXW) Q2 2024 Earnings Call Transcript
CoreCivic, Inc. (NYSE:CXW ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Mike Grant – Managing Director of Investor Relations Damon Hininger – President and Chief Executive Officer David Garfinkle – Chief Financial Officer Conference Call Participants Joe Gomes – Noble Capital Jason Weaver – JonesTrading Brian Violino – Wedbush Ben Briggs – StoneX Financial Edwin Groshans – Compass Point M. Marin – Zacks Operator Good day and thank you for standing by.
