StocksMedium•5 November 2026•
1 min read
CoreCivic Earnings Surge on $1.77 Billion Gain from Facility Sales to DHS
Key Facts
1CoreCivic reported a $1.77 billion gain from the sale of four detention facilities to the Department of Homeland Security.
CoreCivic reported a $1.77 billion gain from the sale of four detention facilities to the Department of Homeland Security. Benzinga reported that these Q3 2026 financial results stem from the company's strategy to optimize its portfolio through asset divestitures and returning capital to shareholders via buybacks.
CXW closed at $30.52 on November 4, 2026, with the stock trading between a session low of $29.02 and a high of $30.78. The strong financial performance was further supported by higher residential occupancy levels and increased per diem rates related to ICE populations.