CoreCivic, Inc. Common Stock (CXW)
Frequently Asked Questions About CoreCivic, Inc. Common Stock (CXW)
How does CoreCivic contribute to community reintegration?
CoreCivic contributes to community reintegration by providing pre-release and post-release programs that address the needs of individuals transitioning from incarceration to society. These services include job placement assistance, housing support, and ongoing counseling to help reduce recidivism and improve the chances of successful reentry.
How does CoreCivic engage with local communities?
CoreCivic engages with local communities through outreach initiatives, partnerships, and educational programs that aim to foster better understanding and cooperation between correctional facilities and the public. The company strives to build positive relationships with community stakeholders and support local efforts to reduce crime and support reentry.
How does CoreCivic ensure safety and security in its facilities?
CoreCivic employs a comprehensive approach to safety and security that includes well-trained staff, state-of-the-art technology, and collaboration with law enforcement. The company follows strict protocols and standards to maintain secure environments while also fostering a culture of respect and dignity for individuals in its care.
How does CoreCivic measure the effectiveness of its programs?
CoreCivic measures the effectiveness of its programs through a combination of performance metrics, recidivism rates, and outcomes tracking. The company regularly reviews data related to inmate behavior, program participation, and community reintegration successes to ensure that its services are effective and aligned with best practices.
Is CoreCivic a publicly traded company?
Yes, CoreCivic, Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol 'CXW'. This allows investors to buy and sell shares of the company as part of the stock market.
What are CoreCivic's future growth prospects?
CoreCivic's future growth prospects hinge on the evolving landscape of the criminal justice system, which includes potential shifts in policies regarding incarceration and rehabilitation. The company is focused on adapting to these changes, expanding its service offerings, and enhancing its community-based programs to continue supporting public safety and reentry efforts.
What are some criticisms CoreCivic has faced?
CoreCivic has faced criticism related to the private prison industry, particularly concerning issues of inmate treatment, cost-cutting measures impacting safety and care, and concerns about profit motives driving incarceration policies. The company has sought to address these criticisms by enhancing transparency and focusing on improving outcomes for those in its facilities.
What are the primary services offered by CoreCivic?
The primary services offered by CoreCivic include the management and operations of private correctional and detention facilities, community reentry services, and rehabilitation programs. The company places a strong emphasis on providing services that promote safety, security, and successful reintegration of formerly incarcerated individuals back into their communities.
What does CoreCivic, Inc. do?
CoreCivic, Inc. is a leading provider of corrections and detention management services in the United States. The company operates a diverse portfolio of facilities, including private prisons, community corrections facilities, and rehabilitation centers. CoreCivic's mission is to enhance public safety by providing effective rehabilitation and reentry programs designed to lower recidivism rates and support successful reintegration into society.
What is CoreCivic's approach to employee training and development?
CoreCivic is dedicated to investing in employee training and development, offering comprehensive programs designed to equip staff with the skills necessary for effective facility management and rehabilitation. This includes ongoing training in areas such as crisis intervention, emergency response, and evidence-based rehabilitation strategies to ensure high-quality care for those they serve.
What is CoreCivic's approach to rehabilitation?
CoreCivic's approach to rehabilitation emphasizes evidence-based programming aimed at reducing recidivism. The company provides vocational training, educational opportunities, mental health services, and substance abuse treatment to help individuals address the factors that contribute to criminal behavior and to support their successful reentry into society.
What is CoreCivic's commitment to social responsibility?
CoreCivic is committed to social responsibility through its efforts to ensure that its operations support public safety and promote rehabilitation. The company engages in community partnerships, invests in reentry programs, and advocates for best practices within the corrections industry to effectively address the challenges faced by the justice-involved population.
What is the role of technology in CoreCivic operations?
Technology plays a critical role in CoreCivic's operations, utilized for security monitoring, management of facility resources, and data analysis for program effectiveness. The company leverages advanced tools to enhance safety, improve operational efficiency, and deliver better services to individuals in its care.
What kinds of facilities does CoreCivic operate?
CoreCivic operates a variety of facilities, including private prisons, detention centers for immigrants, residential reentry centers, and diversion programs. This diverse portfolio enables the company to cater to different populations and needs within the criminal justice system.
What role does CoreCivic play in the immigration detention system?
CoreCivic operates facilities that hold individuals in immigration detention as part of their commitment to providing a range of correctional services. The company works with government agencies to ensure that individuals awaiting immigration proceedings are housed in humane conditions and have access to legal resources and support.
When was CoreCivic, Inc. founded?
CoreCivic, Inc. was founded in 1983, originally under the name Corrections Corporation of America (CCA). The company has since transitioned to a publicly traded organization and rebranded itself to CoreCivic to better reflect its commitment to reentry and rehabilitation services as part of its overarching mission.
Where is CoreCivic, Inc. headquartered?
CoreCivic, Inc. is headquartered in Nashville, Tennessee. The location serves as the central hub for the company's operational and administrative functions, allowing it to efficiently manage its facilities and programs across the United States.
Who are the typical clients of CoreCivic?
CoreCivic's typical clients include federal, state, and local government agencies that require outsourcing for correctional and detention services. The company collaborates closely with the criminal justice system to provide secure housing and rehabilitation services to various inmate populations.
What is the current price of CoreCivic, Inc. Common Stock?
The current price of CoreCivic, Inc. Common Stock is 20.71
When was CoreCivic, Inc. Common Stock last traded?
The last trade of CoreCivic, Inc. Common Stock was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of CoreCivic, Inc. Common Stock?
The market capitalization of CoreCivic, Inc. Common Stock is 2.35B
How many shares of CoreCivic, Inc. Common Stock are outstanding?
CoreCivic, Inc. Common Stock has 113.66M shares outstanding.