For Private Prisons, Detaining Immigrants Is Big Business [The New York Times]
CoreCivic, Inc. (CXW)
Last corecivic, inc. earnings: 2/12 04:15 pm
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Source: The New York Times
A surging inmate population in the 1980s led to a boom in for-profit prisons. Today, privately run prisons have become the government’s default detention centers for undocumented migrants. Video An inmate population surge in the 1980s led to the growth of for-profit prisons. Today, despite their mixed record, private prison companies are overseeing the vast majority of undocumented migrants. Published On Oct. 1, 2018 By Clyde Haberman Oct. 1, 2018 Thomas W. Beasley had something for sale , and figured he could market it the same as any other merchandise. “You just sell it like you were selling cars or real estate or hamburgers,” he told an interviewer. That was three decades ago. Only Mr. Beasley wasn’t hawking new wheels, beachfront property or beef patties. His stock in trade was prison bars. As a co-founder of Corrections Corporation of America in 1983, and with a get-tough-on-crime spirit ascendant in the country, he sold lockup space to fe
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CXW
News
- The total return for CoreCivic (NYSE:CXW) investors has risen faster than earnings growth over the last three years [Yahoo! Finance]Yahoo! Finance
- CoreCivic, Inc. (NYSE: CXW) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- CoreCivic Announces 2024 First Quarter Earnings Release and Conference Call DatesGlobeNewswire
- CoreCivic, Inc. (NYSE: CXW) had its price target raised by analysts at Wedbush from $18.00 to $19.00. They now have an "outperform" rating on the stock.MarketBeat
- CoreCivic, Inc. (NYSE:CXW) is a favorite amongst institutional investors who own 87% [Yahoo! Finance]Yahoo! Finance
CXW
Earnings
- 2/7/24 - Beat
CXW
Sec Filings
- 3/28/24 - Form ARS
- 3/28/24 - Form DEFA14A
- 3/28/24 - Form DEF
- CXW's page on the SEC website