Highest-materiality recent filing
CoreCivic to redeem all outstanding $238.5M of 4.750% senior notes due 2027 on Aug 12, 2026
Outstanding principal of 2027 Notes was $238,468,000 as of July 13, 2026.
CoreCivic sells two detention facilities to DHS for $1.5B; net proceeds ~$1.1B
Sold California City (2,560 beds) for $732.6M and Otay Mesa (1,994 beds) for $739.2M to DHS.
All 11 director nominees elected with strong support; lowest vote count for Thurgood Marshall, Jr. (78,996,765 for, 3,094,182 against).
Revenue $614.7M, up 25.8% YoY; net income $37.9M ($0.38 diluted EPS) vs $25.1M ($0.23) YoY.
CoreCivic obtains $100M incremental term loan; total credit facility now $800M
Total facility increased to $800M: $125M initial term loan + $100M incremental term loan + $575M revolver.
CoreCivic Q4 revenue $604M (+26% YoY), EPS $0.26; guides 2026 EPS $1.49-$1.59
Q4 revenue $604M (+26% YoY); net income $26.5M (+38%); diluted EPS $0.26 (+53%); adjusted EPS $0.27.
CoreCivic promotes Daren Swenson to EVP and Chief Corrections & Reentry Officer
Swenson, previously SVP and Chief Corrections Officer, effective January 1, 2026.
CoreCivic expands revolving credit facility by $300M to $575M
Revolving credit facility increased from $275M to $575M; accordion feature raised to $300M.
CoreCivic increases share repurchase authorization by $200M to $700M total
Board authorized additional $200M repurchase, raising total authorization to $700M.
CoreCivic Q3 rev +18% EPS $0.24; cuts FY2025 guidance on start-up costs
Total revenue $580.4M vs $491.4M Q3 2024; net income $26.3M ($0.24 diluted EPS).
CoreCivic CEO Damon Hininger to step down Jan 1, 2026; President Patrick Swindle to succeed
Damon T. Hininger steps down as CEO and from Board effective January 1, 2026, after 16 years as CEO.
CoreCivic Q2 EPS $0.35 vs $0.17 YoY; raises FY2025 guidance; acquires Farmville for $67M
Revenue $538.2M (+9.8% YoY); net income $38.5M (+103.4%); adjusted diluted EPS $0.36 (+80%).
New Severance Amount defined as Base Salary plus target Annual Cash Bonus.
CoreCivic increases share repurchase authorization by $150M to $500M total
Board authorized additional $150M buyback, raising total to $500M; $277.9M remains under program.
CoreCivic Q1 EPS $0.23; raises 2025 guidance; reactivates three ICE facilities
Q1 revenue $488.6M, net income $25.1M ($0.23 diluted EPS), FFO $0.45 per share.
Resumed operations at South Texas Family Residential Center (Dilley, TX) for up to 2,400 individuals; amended IGSA with ICE expires March 2030.
CoreCivic director Anne L. Mariucci to resign at 2025 Annual Meeting
Anne L. Mariucci notified CoreCivic on Feb 27, 2025 she will not stand for re-election to the Board.
CoreCivic Q4 revenue $479.3M, EPS $0.17; guides 2025 net income $53.5-67.5M
Q4 2024: revenue $479.3M, net income $19.3M ($0.17 diluted EPS), adjusted diluted EPS $0.16.
CoreCivic details compensation for new President/COO Patrick Swindle
Base salary set at $700,000 for fiscal year beginning January 1, 2025.
CoreCivic appoints Patrick Swindle as President and COO effective January 1, 2025
Patrick Swindle promoted from Executive Vice President and COO to President and COO effective January 1, 2025.
CoreCivic Q3 net income up 52% to $21.1M; raises full-year guidance
Revenue $491.6M (+2% YoY); net income $21.1M ($0.19 diluted EPS); adjusted EPS $0.20.
CoreCivic reports Q2 2024 revenue of $490.1M, net income $19.0M, provides full year guidance
Total revenue $490.1M in Q2 2024, up 6% vs Q2 2023; occupancy rose to 74.3% from 70.3%.
CoreCivic receives ICE termination notice for Dilley, TX facility; suspends 2024 guidance
ICE terminated IGSA effective Aug 9, 2024; facility revenue $156.6M in 2023 and $39.3M in Q1 2024.
CoreCivic boosts share repurchase authorization by $125M to $350M
Board authorized additional $125M to existing buyback program; total authorization increased to $350M.
CoreCivic Q1 revenue $500.7M (+9% YoY); raises adjusted net income guidance for FY 2024
Revenue $500.7M (up 9% YoY); net income $9.5M ($0.08 diluted EPS). Adjusted net income $27.9M ($0.25 adj. diluted EPS).
CoreCivic to redeem $98.8M of 8.25% senior notes due 2026 at 104.125%
Redemption of remaining $98,774,000 in 8.250% senior unsecured notes on April 15, 2024.
CoreCivic closes $500M 8.250% notes due 2029; 83.3% of 2026 notes tendered
Issued $500M aggregate principal of 8.250% senior unsecured notes due April 15, 2029; net proceeds ~$490.3M.
CoreCivic appoints two new independent directors; long-term director plans retirement
Appointed Catherine Hernandez-Blades and Alexander R. Fischer as independent directors, effective March 15, 2024.
CoreCivic prices $500M 8.25% senior notes due 2029, upsized from $450M
Aggregate principal of $500M upsized from originally announced $450M; net proceeds ~$490.3M.
CoreCivic announces $450M notes offering and tender for $593M of 8.25% 2026 notes
Up to $450M aggregate principal of senior unsecured notes due 2029 offered; proceeds to fund tender for $593.1M of 8.25% notes due 2026.
CoreCivic reports Q4 EPS $0.23, revenue $491M up 4.2% YoY; FY2024 EPS guide $0.58-$0.72
Revenue $491.2M in Q4, up 4.2% YoY; Safety segment revenue $448.7M.
CoreCivic reports Q4 net income $26.5M, EPS $0.23; FY2023 revenue $1.90B; provides 2024 outlook
Full year 2023 revenue $1.90B, net income $67.6M, diluted EPS $0.59, adjusted diluted EPS $0.61.
CoreCivic adopts executive severance plan and amends bylaws effective December 14, 2023
Board adopted Executive Severance and Change in Control Plan effective Jan 1, 2024, providing severance benefits to CEO, CFO, and executive vice presidents.
CoreCivic Q3 adjusted EPS up 75% to $0.14; raises full-year guidance
Adjusted net income $15.6M ($0.14 diluted EPS) vs $9.7M ($0.08) YoY, up 75%.
CoreCivic enters $400M credit facility, extends maturity to Oct 2028
New facility: $125M term loan + $275M revolver (up from $100M term + $250M revolver).
CoreCivic Q2 net income $14.8M, raises 2023 guidance; ICE populations up 45%
Revenue $463.7M; diluted EPS $0.13; Adjusted EBITDA $72.1M.
CoreCivic annual meeting elects all 10 director nominees, ratifies EY as auditor
All 10 nominees elected; Donna Alvarado and Devin Murphy each received ~19M against votes.
CoreCivic Q1 net income $12.4M, EPS $0.11; cuts FY23 guidance on Oklahoma contract losses
Revenue $458.0M; net income $12.4M ($0.11 diluted EPS); adjusted diluted EPS $0.13.
Q4 net income $24.4M ($0.21 diluted EPS) vs $28.0M ($0.23) in Q4 2021; adjusted diluted EPS $0.22 vs $0.27.
CoreCivic to redeem $153.9M of 4.625% Senior Notes due 2023 on Feb 1
Principal outstanding as of Dec 21, 2022: $153.9M; redemption at 100% plus accrued interest.
Enhanced disclosure requirements for stockholder business proposals and director nominations, including regarding text of resolutions and economic interests.
CoreCivic Q3 net income $68.3M ($0.58); raises FY2022 adjusted EPS guidance to $0.47-0.50
Q3 revenue $464.2M; net income $68.3M ($0.58 diluted EPS) vs $30.0M ($0.25) a year ago.
CoreCivic derivative settlement preliminarily approved; $3.5M attorneys' fees, governance reforms
Court granted preliminary approval of derivative settlement on Sept 19, 2022; final hearing Dec 1, 2022.
CoreCivic Q2 net income $10.6M ($0.09 EPS); guidance cut on Title 42 delay, La Palma transition
Q2 2022 revenue $456.7M; adjusted diluted EPS $0.13 vs $0.25 YoY; adjusted EBITDA $78.8M down from $101.7M.
CoreCivic announces potential $130M sale of McRae facility; updates share repurchase activity
Georgia Building Authority approved purchase of 1,978-bed McRae Correctional Facility for $130M; sale expected Q3 2022 subject to definitive agreements.
CoreCivic voluntarily repays $124.4M of Term Loan B with cash on hand
On May 19, 2022, CoreCivic repaid the full outstanding balance of its $250M Senior Secured Term Loan B.
CoreCivic board authorizes $150M share repurchase program
Board authorized up to $150 million of common stock repurchases on May 12, 2022.
CoreCivic shareholders approve Amended 2020 Stock Incentive Plan, increasing share pool
Stock plan amendment approved by 90.99M for vs. 2.38M against; share reserve increases to ~6.79M shares.
CoreCivic enters $350M credit facility: $100M term loan + $250M revolver, matures May 2026
New $350M credit agreement replaces existing senior secured credit facilities.
CoreCivic Q1 net income $19M, adjusted EPS $0.14; full-year guidance lowered
Net income $19.0M ($0.16 diluted EPS) vs net loss of $125.6M in Q1 2021; adjusted diluted EPS $0.14 vs $0.24.
On February 27, 2025, Anne L. Mariucci notified CoreCivic, Inc., a Maryland corporation (the “Company”) of her intent not to stand for re-election as a member of the Board of Directors of the Company (the “Board”).
appointed Catherine Hernandez-Blades (“Ms. Hernandez-Blades”) and Alexander R. Fischer (“Mr. Fischer”) to fill the vacancies created by such expansion, effective March 15, 2024
On March 7, 2024, Donna M. Alvarado (“Ms. Alvarado”), who has been a member of the Board since 2003, announced to the Board that she would retire from the Board, including her position as a member and chair of the Company’s Nominating and Governance Committee, as well as her position as a member of each of the Company’s Audit Committee and the Company’s Risk Committee, effective as of the 2024 Annual Meeting in accordance with the Company’s retirement policy.
appointed Catherine Hernandez-Blades (“Ms. Hernandez-Blades”) and Alexander R. Fischer (“Mr. Fischer”) to fill the vacancies created by such expansion, effective March 15, 2024
On February 17, 2022, Charles L. Overby (“Mr. Overby”), a member of the Board of Directors (the “Board”) of CoreCivic, Inc. (the “Company”), informed the Company of his decision to retire from service on the Board, and not stand for re-election, when his current term expires at the Company’s 2022 Annual Meeting of Stockholders (“2022 Annual Meeting”) in accordance with the Company’s retirement policy.
Max materiality 0.90 · Median 0.65 · Most common event earnings