Private prison firms contributed more than $1M to Trump's reelection. Now they expect a business boom [Yahoo! Finance]
CoreCivic, Inc. (CXW)
Last corecivic, inc. earnings: 2/12 04:15 pm
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Source: Yahoo! Finance
The donations from Geo Group were far from the largest corporate contribution to Trump's war chest -- but few industries are set to benefit from the incoming Trump administration as significantly as private prisons, which are expecting a surge in business driven by Trump's plan to deport millions of undocumented immigrants. During a recent corporate earnings call, Geo Group CEO Brian Evans estimated that his company could make as much as $400 million annually by filling empty or underutilized beds at existing detention facilities to support what he called the "future needs for ICE and the federal government," referring to the U.S. Immigration and Customs Enforcement agency. MORE: In Trump's mass deportation plan, the private prison industry sees a lucrative opportunity "What is new is a potential sea change by the incoming Trump administration that is expected to implement a much more aggressive policy towards interior and border immigration enforcement," Geo Group founder Geor
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CXW
News
- CoreCivic Announces Promotion of Patrick Swindle to President And Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
- CoreCivic Announces Promotion of Patrick Swindle to President And Chief Operating OfficerGlobeNewswire
- CoreCivic, Inc. (NYSE: CXW) was upgraded by analysts at Wedbush from a "neutral" rating to an "outperform" rating. They now have a $30.00 price target on the stock, up previously from $19.00.MarketBeat
- Jim Cramer on CoreCivic, Inc. (CXW): ‘The Gains Are So Extreme That I Worry They're Running Out Of Upside' [Yahoo! Finance]Yahoo! Finance
- Is CoreCivic Inc. (CXW) The Best Prison and Law Enforcement Stock To Invest In? [Yahoo! Finance]Yahoo! Finance
CXW
Earnings
- 11/6/24 - Miss
CXW
Sec Filings
- 12/20/24 - Form 8-K/A
- 12/16/24 - Form 8-K
- 12/9/24 - Form 4
- CXW's page on the SEC website