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CoreCivic Announces CEO Transition Effective January 2026

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CoreCivic Announces CEO Transition Effective January 2026

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CoreCivic ( (CXW) ) just unveiled an announcement.

On August 18, 2025, CoreCivic announced that CEO Damon T. Hininger will step down as CEO and resign from the Board of Directors effective January 1, 2026. Patrick Swindle, currently the President and COO, will succeed Hininger as CEO and join the Board. Hininger will remain as a Special Advisor to the CEO and Chairman of the Board until March 31, 2027. The transition is expected to ensure continuity and leverage Swindle’s extensive experience in leading CoreCivic through a period of growth and operational transformation. This leadership change is positioned to maintain CoreCivic’s trajectory of growth and innovation, benefiting government partners and stakeholders.

The most recent analyst rating on (CXW) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on CoreCivic stock, see the CXW Stock Forecast page.

Spark’s Take on CXW Stock

According to Spark, TipRanks’ AI Analyst, CXW is a Neutral.

CoreCivic’s overall stock score reflects a stable financial performance and a positive earnings call outlook, highlighting revenue growth and strategic initiatives. However, the lack of technical analysis data and moderate valuation metrics slightly temper the score.

To see Spark’s full report on CXW stock, click here.

More about CoreCivic

CoreCivic is a diversified government-solutions company that provides a range of services to government partners, including corrections and detention management, residential and non-residential alternatives to incarceration, and government real estate solutions. It is the largest owner of partnership correctional, detention, and residential reentry facilities in the United States and has been a partner to the government for over 40 years.

Average Trading Volume: 972,749

Technical Sentiment Signal: Buy

Current Market Cap: $2.23B

See more data about CXW stock on TipRanks’ Stock Analysis page.

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