David Garfinkle - CoreCivic Chief Financial Officer, Executive Vice President

CXW Stock  USD 15.20  0.18  1.17%   

President

Mr. David M. Garfinkle is Chief Financial Officer, Executive Vice President of the Company. He served as the Companys Vice President of Finance and Controller from February 2001 to May 2014. From 1996 to 2001, Mr. Garfinkle served as Vice President and Controller for Bradley Real Estate, Inc., a publicly traded real estate investment trust. Prior to joining Bradley Real Estate, Inc., Mr. Garfinkle was a Senior Manager at KPMG Peat Marwick, LLP since 2014.
Age 56
Tenure 10 years
Address 5501 Virginia Way, Brentwood, TN, United States, 37027
Phone615 263 3000
Webhttps://www.corecivic.com

Latest Insider Transactions

2023-08-15Disposed of 7500 shares @ 10.38View
2023-08-08Disposed of 36112 shares @ 10.05View
Garfinkle is a Certified Public Accountant and holds a bachelor’s degree in business administration from St. Bonaventure University.

CoreCivic Management Efficiency

The company has Return on Asset of 0.0336 % which means that on every $100 spent on assets, it made $0.0336 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0465 %, implying that it generated $0.0465 on every 100 dollars invested. CoreCivic's management efficiency ratios could be used to measure how well CoreCivic manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 0.06 in 2024, whereas Return On Tangible Assets are likely to drop 0.02 in 2024. At this time, CoreCivic's Non Currrent Assets Other are fairly stable compared to the past year. Debt To Assets is likely to climb to 0.48 in 2024, whereas Non Current Assets Total are likely to drop slightly above 1.9 B in 2024.
The company has 1.1 B in debt with debt to equity (D/E) ratio of 0.97, which is OK given its current industry classification. CoreCivic has a current ratio of 1.04, demonstrating that it is in a questionable position to pay out its financial commitments when the payables are due. Debt can assist CoreCivic until it has trouble settling it off, either with new capital or with free cash flow. So, CoreCivic's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like CoreCivic sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for CoreCivic to invest in growth at high rates of return. When we think about CoreCivic's use of debt, we should always consider it together with cash and equity.

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CoreCivic, Inc. owns and operates partnership correctional, detention, and residential reentry facilities in the United States. The company was founded in 1983 and is based in Brentwood, Tennessee. Corecivic operates under REITSpecialty classification in the United States and is traded on New York Stock Exchange. It employs 10350 people. CoreCivic (CXW) is traded on New York Stock Exchange in USA. It is located in 5501 Virginia Way, Brentwood, TN, United States, 37027 and employs 11,694 people. CoreCivic is listed under Diversified REITs category by Fama And French industry classification.

Management Performance

CoreCivic Leadership Team

Elected by the shareholders, the CoreCivic's board of directors comprises two types of representatives: CoreCivic inside directors who are chosen from within the company, and outside directors, selected externally and held independent of CoreCivic. The board's role is to monitor CoreCivic's management team and ensure that shareholders' interests are well served. CoreCivic's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, CoreCivic's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lucibeth JD, Executive Officer
C Jacobi, Independent Director
David EdD, Executive Officer
Michael Grant, Managing Relations
John Prann, Non-Executive Independent Director
Cameron Hopewell, Managing Director, Investor Relations
Donna Alvarado, Non-Executive Independent Director
David Garfinkle, Chief Financial Officer, Executive Vice President
Charles Overby, Independent Director
Robert Dennis, Non-Executive Independent Director
Thurgood Marshall, Non-Executive Independent Director
David Churchill, Chief Human Resource Officer, Executive Vice President
Steve MBA, Vice Communications
Anne Mariucci, Non-Executive Independent Director
John Ferguson, Executive Chairman and Chairman of Executive Committee
Damon Hininger, CEO and President Director and Member of Executive Committee
Glenda Glover, Independent Director
Scott Craddock, VP Officer
Harley Lappin, Executive Vice President Chief Corrections Officer
Kim White, Executive Vice President - Human Resources
Harley III, Director
Charles Jacobi, Independent Director
Steven Groom, Executive VP, General Counsel and Secretary
Joseph Russell, Independent Director
John Pfeiffer, Chief Technology
Patrick Swindle, Executive Vice President Chief Corrections Officer
Stacia Hylton, Non-Executive Independent Director
Anthony Grande, Executive Vice President, Chief Development Officer
Devin Murphy, Non-Executive Independent Director
Lucibeth Mayberry, Executive Vice President - Real Estate
Cole Carter, Executive Vice President, General Counsel, Secretary
Scott Irwin, Executive Vice President General Counsel, Secretary
Mark Emkes, Non-Executive Independent Chairman of the Board
Cole JD, General VP

CoreCivic Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is CoreCivic a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with CoreCivic

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if CoreCivic position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in CoreCivic will appreciate offsetting losses from the drop in the long position's value.

Moving together with CoreCivic Stock

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Moving against CoreCivic Stock

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The ability to find closely correlated positions to CoreCivic could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace CoreCivic when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back CoreCivic - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling CoreCivic to buy it.
The correlation of CoreCivic is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as CoreCivic moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if CoreCivic moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for CoreCivic can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether CoreCivic is a strong investment it is important to analyze CoreCivic's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact CoreCivic's future performance. For an informed investment choice regarding CoreCivic Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in CoreCivic. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy CoreCivic Stock please use our How to Invest in CoreCivic guide.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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Is CoreCivic's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of CoreCivic. If investors know CoreCivic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about CoreCivic listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.103
Earnings Share
0.59
Revenue Per Share
16.667
Quarterly Revenue Growth
0.042
Return On Assets
0.0336
The market value of CoreCivic is measured differently than its book value, which is the value of CoreCivic that is recorded on the company's balance sheet. Investors also form their own opinion of CoreCivic's value that differs from its market value or its book value, called intrinsic value, which is CoreCivic's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because CoreCivic's market value can be influenced by many factors that don't directly affect CoreCivic's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between CoreCivic's value and its price as these two are different measures arrived at by different means. Investors typically determine if CoreCivic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CoreCivic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.