CXW
NYSE · Real Estate · REIT - Specialty · US
CoreCivic, Inc. (NYSE:CXW) is a private prison and detention facility operator founded in 1983 and headquartered in Brentwood, Tennessee. The company went public in 1997 and has grown to become one of the largest private correctional facility operators in the United States. CoreCivic owns and operates correctional facilities, immigration detention centers, and residential reentry facilities under contracts with federal, state, and local government agencies. The company has weathered significant political and regulatory challenges over the past decade, including policy changes that reduced demand for private prison services, but has recently experienced renewed growth opportunities following changes in federal immigration enforcement policies.