Corrections Corp. of America (CXW) to Release Earnings on Thursday
Corrections Corp. of America (NYSE:CXW) is scheduled to be posting its Q413 quarterly earnings results on Thursday, February 13th. Analysts expect Corrections Corp. of America to post earnings of $0.50 per share and revenue of $434.32 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Shares of Corrections Corp. of America (NYSE:CXW) opened at 31.64 on Wednesday. Corrections Corp. of America has a one year low of $30.37 and a one year high of $41.40. The stock’s 50-day moving average is $33.11 and its 200-day moving average is $34.15. The company has a market cap of $3.665 billion and a P/E ratio of 11.38.
A number of analysts have recently weighed in on CXW shares. Analysts at Zacks downgraded shares of Corrections Corp. of America from a “neutral” rating to an “underperform” rating in a research note on Thursday, January 30th. They now have a $31.40 price target on the stock. On the ratings front, analysts at Barclays cut their price target on shares of Corrections Corp. of America from $45.00 to $39.00 in a research note on Wednesday, January 29th. They now have an “overweight” rating on the stock. Finally, analysts at CRT Capital initiated coverage on shares of Corrections Corp. of America in a research note on Friday, January 24th. They set a “fair value” rating and a $35.00 price target on the stock. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $28.48.
Corrections Corporation of America (NYSE:CXW) is a real estate investment trust.
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