Movers and SHAKERS
CoreCivic, Inc. (CXW)
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. We are a publicly traded real estate investment trust and the nation’s largest owner of partnership correctional, detention and residential reentry facilities. We also believe we are the largest private owner of real estate used by U.S. government agencies. The Company has been a flexible and dependable partner for government for more than 35 years. Our employees are driven by a deep sense of service, high standards of professionalism and a responsibility to help government better the public good.
Joe Gomes, Senior Research Analyst, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
NobleCon17 Presentation. We hosted CoreCivic CEO Damon Hininger and CFO David Garfinkle at NobleCon17. A rebroadcast is available at https://www.channelchek.com/news-channel/NobleCon17_Rebroadcast. The presentation focused on CoreCivic's history of durable cash flows, its mission to provide mission critical services to its government partners, debt repayment, and why CoreCivic's services will remain in demand.
Core Business Remains Needed. We continue to believe CoreCivic's key services will remain in demand by both the Federal government and various states. While the business proposition may change, the need for the Company's real estate and expertise in building such facilities will not go away. CoreCivic has operated successfully under various Administrations and we do not believe this will change ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.