Corrections Corp Of America
CXW:NYSE
| Last | Change / % Change | Dividend Yield | Volume |
| 20.18 | -0.57 -2.75% | 0.00% | 764,616 |
Market data is delayed by at least 20 minutes.
Latest News Headlines for Corrections Corp Of America
Highest Debt to EBITDA Ratio in the Security & Alarm Services Industry Detected for Geo Group (GEO, CXW, MOC)
Below are the three companies in the Security & Alarm Services industry with the highest debt to EBITDA ratios. This ratio indicates how many years of EBITDA would be necessary in order to pay back all the debt (assuming Debt and EBITDA are constant). Typically, this ratio is considered to be alarming when it is greater than 3.0 but this can vary and should be looked at within the context of the industry.Geo Group (NYSE:GEO) is highest with a debt to EBITDA ratio of 5.2. The Geo Group Inc. operates private correctional facilities located mostly in the United States, but also in Australia, Canada, New Zealand, and South Africa. The Company offers educational programs, vocational training, and rehabilitation therapy services. Over the past year, Geo Group has traded in a range of $16.40 to $26.95 and is now at $16.61, 1% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 1%.
Command Security has the Highest Forward Earnings Yield in the Security & Alarm Services Industry (MOC, GEO, CXW)
Below are the three companies in the Security & Alarm Services industry with the highest forward earnings yields. Using projected earnings for the current fiscal year, the forward earnings yield is useful to compare a stock's return vs. owning a similar stock or other yield assets (e.g. bonds). Generally, the higher the earnings yield, the more undervalued the stock.Command Security (AMEX:MOC) is highest with forward earnings yield of 10.2%. Command Security Corporation provides uniformed security services to commercial, financial, industrial, aviation, and governmental clients. The Company conducts business through its offices located in Illinois, Pennsylvania, New Jersey, New York, Connecticut, Massachusetts, Florida, Georgia, and California. Command Security has traded 0 shares thus far today, vs. average volume of 8,000 shares per day. The stock has outperformed the Dow (0.0% to the Dow's -2.3%) and outperformed the S&P; 500 (0.0% to the S&P;'s -2.3%) during today's trading.
Post Earnings Update: Corrections of America Has Sunk 0.8% Lower in Past 2 Weeks (CXW)
View more recent headlines19 days ago, on November 2nd, 2011, Corrections of America (NYSE:CXW) reported its earnings. Analysts, on average, expected earnings of $0.36 per share on sales of $436.4 million. Corrections of America actually reported earnings of $0.37 per share on sales of $435.0 million, beating EPS estimates by $0.01 and missing revenue estimates by $1.4 million. Since the company's report, shares of Corrections of America have fallen from $21.60 to $21.43, representing a loss of 0.8% in the past 19 days.
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 20.54 | Previous Close 20.75 |
Day High 20.67 | Day Low 20.17 |
52wk High/Date 26.43 / 5/12/2011 | 52wk Low/Date 18.41 / 8/9/2011 |
Beta 1.1 | Market Capitalization 2.0B |
Shares Outstanding 99.5M | Volatility Avg 26.56 |
Avg Vol(10 day) 839.4K | P/E Ratio 13.2x |
EPS(TTM) 1.53 | Yield 0.00% |
Dividend Announcement -- | Ex-Date -- |
Payable 0.00 - -- | Payable Date -- |
Date of Record -- | |
Last Trade as of 11/23/2011 4:02 PM ET | |
CXW Corrections Corp Of America vs. Peers
| Peers | |
|---|---|
CXW Corrections Corp Of America | -17.20% |
The Geo Group, Inc. | -31.95% |
Avalon Correctional Services, Inc. | 0.00% |
Paychex, Inc. | -10.22% |
Rollins, Inc. | 1.97% |
CXW Corrections Corp Of America | 0.00% |
The Geo Group, Inc. | -- |
Avalon Correctional Services, Inc. | -- |
Paychex, Inc. | 4.61% |
Rollins, Inc. | 1.39% |
CXW Corrections Corp Of America | -2.75% |
The Geo Group, Inc. | -1.31% |
Avalon Correctional Services, Inc. | 0.00% |
Paychex, Inc. | -1.87% |
Rollins, Inc. | -2.33% |