The stock of CoreCivic, Inc. (NYSE:CXW) is a huge mover today! The stock increased 2.79% or $0.565 during the last trading session, reaching $20.785. About 260,470 shares traded. CoreCivic, Inc. (NYSE:CXW) has declined 1.79% since February 13, 2017 and is downtrending. It has underperformed by 18.49% the S&P500.The move comes after 5 months positive chart setup for the $2.46 billion company. It was reported on Feb, 13 by Barchart.com. We have $21.82 PT which if reached, will make NYSE:CXW worth $122.85 million more.
Frontline Limited (NYSE:FRO) had a decrease of 1.1% in short interest. FRO’s SI was 4.94 million shares in February as released by FINRA. Its down 1.1% from 4.99 million shares previously. With 611,300 avg volume, 8 days are for Frontline Limited (NYSE:FRO)’s short sellers to cover FRO’s short positions. The SI to Frontline Limited’s float is 6.48%. The stock decreased 1.48% or $0.06 during the last trading session, reaching $4. About 125,719 shares traded. Frontline Ltd. (NYSE:FRO) has declined 16.06% since February 13, 2017 and is downtrending. It has underperformed by 32.76% the S&P500.
Analysts await CoreCivic, Inc. (NYSE:CXW) to report earnings on February, 14. They expect $0.55 earnings per share, down 23.61% or $0.17 from last year’s $0.72 per share. CXW’s profit will be $65.02 million for 9.45 P/E if the $0.55 EPS becomes a reality. After $0.55 actual earnings per share reported by CoreCivic, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.
Investors sentiment decreased to 0.5 in Q3 2017. Its down 0.50, from 1 in 2017Q2. It fall, as 0 investors sold CoreCivic, Inc. shares while 2 reduced holdings. 1 funds opened positions while 0 raised stakes. 70,512 shares or 7.59% less from 76,305 shares in 2017Q2 were reported. Gemmer Asset Ltd Liability Corp, California-based fund reported 370 shares. Camelot Portfolios Ltd holds 0.15% in CoreCivic, Inc. (NYSE:CXW) or 11,290 shares. Eqis Capital Mgmt Inc stated it has 31,181 shares or 0.05% of all its holdings.
Since September 15, 2017, it had 0 insider buys, and 3 insider sales for $580,264 activity. The insider MARSHALL THURGOOD JR sold $61,124. GARFINKLE DAVID had sold 10,000 shares worth $260,093 on Monday, October 16.
Among 4 analysts covering Corrections Corp (NYSE:CXW), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. Corrections Corp had 18 analyst reports since November 6, 2015 according to SRatingsIntel. The stock has “Buy” rating by SunTrust on Wednesday, October 12. On Wednesday, January 31 the stock rating was maintained by SunTrust with “Buy”. Canaccord Genuity maintained the shares of CXW in report on Tuesday, March 22 with “Hold” rating. The company was maintained on Thursday, September 1 by Suntrust Robinson. The stock of CoreCivic, Inc. (NYSE:CXW) has “Hold” rating given on Thursday, October 20 by Canaccord Genuity. Suntrust Robinson downgraded CoreCivic, Inc. (NYSE:CXW) on Friday, July 1 to “Neutral” rating. The stock of CoreCivic, Inc. (NYSE:CXW) has “Hold” rating given on Wednesday, August 24 by Canaccord Genuity. The stock has “Buy” rating by Deutsche Bank on Tuesday, August 8. The stock of CoreCivic, Inc. (NYSE:CXW) has “Hold” rating given on Friday, November 11 by Canaccord Genuity. The firm earned “Buy” rating on Tuesday, April 11 by Canaccord Genuity.
CoreCivic, Inc., together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. The company has market cap of $2.46 billion. It owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies. It has a 12.45 P/E ratio. The firm also offers various rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment, as well as food services, work and recreational programs, and healthcare services, such as medical, dental, and mental health services.