Corrections Corp Of America
CXW:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 20.57 | -0.09 -0.44% | 0.00% | 539,748 |
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Latest News Headlines for Corrections Corp Of America
Corrections of America has the Highest Operating Margin in the Security & Alarm Services Industry (CXW, GEO, BCO)
Below are the three companies in the Security & Alarm Services industry with the highest operating margin. A healthy operating margin is required for a company to pay for its fixed costs and generate cash.Corrections of America (NYSE:CXW) is highest with an operating margin of 18.6%. Corrections Corporation of America provides detention and corrections services to governmental agencies. The Company owns correctional and detention facilities in the United States and the United Kingdom. Services include design, construction, ownership, renovation, and management of new or existing jails and prisons, as well as long distance inmate transportation services. There is potential upside of 37.2% for shares of Corrections of America based on a current price of $20.56 and an average consensus analyst price target of $28.20. The stock should find initial resistance at its 50-day moving average (MA) of $21.52 and further resistance at its 200-day MA of $22.36.
Highest Free Cash Flow Per Share in the Security & Alarm Services Industry Detected for Brink's (BCO, CXW, MOC)
Below are the three companies in the Security & Alarm Services industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business.Brink's (NYSE:BCO) is highest with FCF per share of $1.79. The Brink's Company provides security services globally. The Company provides secure transportation and cash management services, residential alarm services and global supply chain management. Thus far today, Brink's has traded 21,000 shares, vs. average volume of 296,000 shares per day. The stock has underperformed the Dow (-1.0% to the Dow's -0.7%) and underperformed the S&P; 500 (-1.0% to the S&P;'s -0.9%) during today's trading.
Corrections Corporation of America (CXW) Trading Near $0.00 Resistance Level
View more recent headlinesCorrections Corporation of America (: CXW) closed Monday's trading session at $20.86. In the past year, the stock has hit a 52-week low of $0.00 and 52-week high of $0.00. Corrections Corporation of America (CXW) stock has been showing support around $0.00 and resistance in the $0.00 range. Technical indicators for the stock are . For a hedged play on Corrections Corporation of America (CXW), look at the Jun '12 $20.00 covered call for a net debit in the $18.86 area. That is also the break-even stock price for this trade. This covered call has a duration of 172 days, provides 9.59% downside protection and an assigned return rate of 6.04% for an annualized return rate of 12.83% (for comparison purposes only). Corrections Corporation of America (CXW) has a current trailing average dividend yield of 0%.
Company Background
Corrections Corporation of America is an owner and operator of privatized correctional and detention facilities, and a prison operator in the United States. As of December 31, 2010, the Company operated 66 correctional and detention facilities, including 45 facilities that it owns, with a total design capacity of approximately 90,000 beds in 19 states and the District of Columbia. As of December 31, 2010, it was also constructing an additional 1,124-bed correctional facility in Millen, Georgia. It also owns two additional correctional facilities that it leases to third-party operators. The Company specializes in owning, operating, and managing prisons and other correctional facilities and providing inmate residential and prisoner transportation services for governmental agencies. Its facilities offer a range of rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment.
Bid/Size -- / -- | Ask/Size -- / -- |
Price Open 20.60 | Previous Close 20.66 |
Day High 20.70 | Day Low 20.42 |
52wk High/Date 26.43 / 5/12/2011 | 52wk Low/Date 18.41 / 8/9/2011 |
Beta 0.9 | Market Capitalization 2.0B |
Shares Outstanding 99.5M | Volatility Avg 27.42 |
Avg Vol(10 day) 853.7K | P/E Ratio 13.4x |
EPS(TTM) 1.53 | Yield 0.00% |
Dividend Announcement -- | Ex-Date -- |
Payable 0.00 - -- | Payable Date -- |
Date of Record -- | |
Last Trade as of 12/29/2011 4:03 PM ET | |
CXW Corrections Corp Of America vs. Peers
| Peers | |
|---|---|
CXW Corrections Corp Of America | -17.56% |
The Geo Group, Inc. | -32.97% |
Avalon Correctional Services, Inc. | 0.00% |
Paychex, Inc. | -3.30% |
Rollins, Inc. | 10.94% |
CXW Corrections Corp Of America | 0.00% |
The Geo Group, Inc. | -- |
Avalon Correctional Services, Inc. | -- |
Paychex, Inc. | 4.28% |
Rollins, Inc. | 1.28% |
CXW Corrections Corp Of America | -0.44% |
The Geo Group, Inc. | 1.33% |
Avalon Correctional Services, Inc. | 0.00% |
Paychex, Inc. | 0.97% |
Rollins, Inc. | 2.37% |