Stockchase Opinions

Kyle McKayCorecivic IncCXWTOP PICKMar 09, 2004

The largest owner/operator of corrections facilities in the US. Running at about 95% capacity. Recently won a contract with Arizona. Expects more privatization of jail facilities.
$35.38

Stock price when the opinion was issued

$26.45

As of Jun 10, 2026. Market Open.

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BUY

He owns a lot of this and is continuing to hold it. This is not only federal contracts, but they have a lot of state contracts. This has had a dramatic run up. The dividend looks increasingly safe.

BUY ON WEAKNESS

His model price is $40.44 and it closed at $30.24 giving it a 33% upside. If there was a pullback to $26 he would be a buyer. Dividend yield of 7.07%.

BUY
The stock has been on an uptrend. He sees an unbalanced line on the charts. He believes people are selling. Recommends buying on the break-out.