Corecivic (NYSE:CXW) Updates Q1 2020 After-Hours Earnings Guidance
Corecivic (NYSE:CXW) updated its first quarter 2020
After-Hours earnings guidance on Wednesday. The company provided earnings per share guidance of 0.49-0.53 for the period. Corecivic also updated its FY guidance to $2.26-2.36 EPS.
NYSE CXW traded down $0.05 during mid-day trading on Friday, reaching $16.85. 729,759 shares of the stock were exchanged, compared to its average volume of 1,052,071. Corecivic has a 1-year low of $14.68 and a 1-year high of $24.38. The business’s fifty day simple moving average is $16.44 and its 200 day simple moving average is $16.44. The stock has a market capitalization of $2.02 billion, a PE ratio of 10.66 and a beta of 1.11. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.53 and a current ratio of 0.53.
The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, January 6th were given a dividend of $0.44 per share. The ex-dividend date of this dividend was Friday, January 3rd. This represents a $1.76 dividend on an annualized basis and a yield of 10.45%. Corecivic’s dividend payout ratio (DPR) is currently 76.19%.
CoreCivic 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 growing network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions.
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