CoreCivic, Inc. (NYSE:CXW) saw some unusual options trading on Wednesday. Investors bought 6,118 put options on the company. This represents an increase of approximately 910% compared to the typical volume of 606 put options.
CoreCivic stock opened at $7.51 on Thursday. The firm’s 50 day simple moving average is $8.31 and its 200-day simple moving average is $7.50. The company has a debt-to-equity ratio of 1.42, a current ratio of 1.87 and a quick ratio of 1.87. CoreCivic has a fifty-two week low of $5.76 and a fifty-two week high of $14.44. The company has a market cap of $903.24 million, a P/E ratio of 7.36 and a beta of 1.23.
CoreCivic (NYSE:CXW) last released its quarterly earnings data on Tuesday, February 9th. The real estate investment trust reported ($0.22) EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.46). CoreCivic had a return on equity of 10.03% and a net margin of 6.37%. The firm had revenue of $473.50 million during the quarter, compared to analyst estimates of $473.07 million. During the same quarter in the prior year, the company posted $0.59 EPS. The company’s quarterly revenue was down 4.9% on a year-over-year basis. On average, analysts expect that CoreCivic will post 2.14 EPS for the current fiscal year.
The Company is a diversified government solutions company with the scale and experience needed to solve tough government challenges in flexible, cost-effective ways. We provide a broad range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions.
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