Company description

The company with ticker CXW, also known as CoreCivic, is a real estate investment trust (REIT) that specializes in owning, managing, and leasing correctional and detention facilities in the United States. The company was founded in 1983 and is headquartered in Nashville, Tennessee. CoreCivic operates over 50 facilities, with a capacity of approximately 74,000 beds, and serves both federal and state governments. The company's facilities provide housing, food, and healthcare services to inmates and detainees, as well as rehabilitation and reentry programs to prepare individuals for successful reintegration into society after their release. In addition to its correctional facilities, CoreCivic also offers residential reentry centers, community corrections facilities, and transportation services for inmates. With a strong focus on safety, security, and rehabilitation, CoreCivic has a track record of working closely with government partners to provide cost-effective solutions for managing offenders. The company also prioritizes corporate responsibility, with a commitment to sustainable practices and community investment initiatives. As a leading provider of correctional and detention services, CoreCivic is dedicated to upholding its mission of providing safe, secure, and humane care for individuals within its facilities.