CoreCivic Stock

CoreCivic Market capitalization 2024

CoreCivic Market capitalization

1.58 B USD

Ticker

CXW

ISIN

US21871N1019

WKN

A2DGL0

In 2024, CoreCivic's market cap stood at 1.58 B USD, a 31.81% increase from the 1.2 B USD market cap in the previous year.

The CoreCivic Market capitalization history

YEARMarket Capitalization (undefined USD)
20231.22
20221.27
20211.05
20201.28
20192.22
20182.66
20173.33
20163.09
20153.97
20143.99
20133.96
20122.97
20112.41
20102.47
20092.14
20083.05
20073.5
20062.26
20051.59
20041.41

CoreCivic Aktienanalyse

What does CoreCivic do?

CoreCivic Inc. (formerly Corrections Corporation of America) is an American privately held company specializing in the care of inmates and providing facilities for corrections and immigration services. The company has been active since 1983 and is headquartered in Nashville, Tennessee. CoreCivic operates facilities in 20 states and employs over 14,000 staff members. History The company was founded in 1983 as a joint venture by Thomas W. Beasley, a former chairman of the Tennessee Republicans, and T. Don Hutto, a former chairman of the Texas Department of Corrections. The company went public in 1994 and expanded rapidly in the late 1990s. In 2000, it changed its name to Corrections Corporation of America (CCA). In 2016, the company changed its name to CoreCivic to reflect its diversification of services and focus on growth opportunities outside of correctional facilities. Business Model CoreCivic provides services in the state and federal corrections and immigration sector. The company owns and operates correctional facilities, detention centers, and facilities for the custody of offenders. Tasks include housing and rehabilitating inmates and other incarcerated individuals, as well as monitoring and guarding the facilities. The facilities are paid for by the federal government and government agencies based on cost comparisons that promote the cost of incarcerating prisoners. Segments and Products CoreCivic Inc. operates in three main business segments: Prisons CoreCivic owns and operates correctional facilities on behalf of the federal government and government agencies. These facilities include correctional facilities, community correctional centers, prisons, and facilities for the custody of adult, juvenile, and immigrant offenders. Community Correction CoreCivic offers probation and supervision services to state and local authorities. Services include specialized programs to assist in job search, drug abuse, and therapy. In some states, CoreCivic also offers electronic monitoring services. Immigration Services CoreCivic has been involved in immigration detention since 1984. The company owns and operates facilities for the detention of undocumented immigrants captured and incarcerated by the federal government. CoreCivic also operates reentry centers and facilities for the monitoring of immigrants under house arrest and supervision. Conclusion CoreCivic Inc. is a controversial private company operating in the field of corrections. Much of the criticism is directed at the company's profit optimization at the expense of inmates, who are often housed in poor conditions. Nevertheless, CoreCivic remains an important business partner for government agencies and relieves them of the need to build and maintain their own facilities. CoreCivic ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring CoreCivic's Market Capitalization

CoreCivic's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of CoreCivic's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

CoreCivic's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in CoreCivic’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about CoreCivic stock

What is the current CoreCivic market capitalization?

The current market capitalization of CoreCivic is 1.58 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like CoreCivic.

How has the market capitalization of CoreCivic developed in recent years?

The market capitalization of CoreCivic has increased/decreased by 31.81% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of CoreCivic?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of CoreCivic?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of CoreCivic have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does CoreCivic pay?

Over the past 12 months, CoreCivic paid a dividend of 0.88 USD . This corresponds to a dividend yield of about 6.37 %. For the coming 12 months, CoreCivic is expected to pay a dividend of 0 USD.

What is the dividend yield of CoreCivic?

The current dividend yield of CoreCivic is 6.37 %.

When does CoreCivic pay dividends?

CoreCivic pays a quarterly dividend. This is distributed in the months of July, October, February, April.

How secure is the dividend of CoreCivic?

CoreCivic paid dividends every year for the past 2 years.

What is the dividend of CoreCivic?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is CoreCivic located?

CoreCivic is assigned to the 'Industry' sector.

Wann musste ich die Aktien von CoreCivic kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of CoreCivic from 4/15/2020 amounting to 0.44 USD, you needed to have the stock in your portfolio before the ex-date on 3/31/2020.

When did CoreCivic pay the last dividend?

The last dividend was paid out on 4/15/2020.

What was the dividend of CoreCivic in the year 2023?

In the year 2023, CoreCivic distributed 0 USD as dividends.

In which currency does CoreCivic pay out the dividend?

The dividends of CoreCivic are distributed in USD.

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The CoreCivic stock can be added to a savings plan with the following providers: Trade Republic

Andere Kennzahlen von CoreCivic

Our stock analysis for CoreCivic Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of CoreCivic Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.