Highest-materiality recent filing
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.
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
Max materiality 0.90 · Median 0.68 · Most common event earnings