Last $39.89 USD
Change Today +0.18 / 0.45%
Volume 693.4K
CXW On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

corrections corp of america (CXW) Snapshot

Open
$39.68
Previous Close
$39.71
Day High
$39.98
Day Low
$39.40
52 Week High
02/23/15 - $41.00
52 Week Low
04/1/14 - $30.77
Market Cap
4.7B
Average Volume 10 Days
619.6K
EPS TTM
$1.91
Shares Outstanding
116.8M
EX-Date
03/31/15
P/E TM
20.8x
Dividend
$2.16
Dividend Yield
5.11%
Current Stock Chart for CORRECTIONS CORP OF AMERICA (CXW)

corrections corp of america (CXW) Related Businessweek News

View More BusinessWeek News

corrections corp of america (CXW) Details

Corrections Corporation of America, together with its subsidiaries, owns and operates privatized correctional and detention facilities in the United States. It owns, operates, and manages prisons and other correctional facilities; and provides inmate residential and prisoner transportation services for governmental agencies. The company also offers various rehabilitation and educational programs, including basic education, religious services, life skills and employment training, and substance abuse treatment, as well as food services, work and recreational programs, and healthcare services, such as medical, dental, and mental health services. In addition, it leases its facilities to third-party operators. The company serves federal, state, and local correctional and detention authorities. As of December 31, 2012, the company owned and managed 47 correctional and detention facilities; and managed 20 correctional and detention facilities, which it did not own. Corrections Corporation of America was founded in 1983 and is based in Nashville, Tennessee.

14,040 Employees
Last Reported Date: 02/25/15
Founded in 1983

corrections corp of america (CXW) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $737.2K
Chief Development Officer and Executive Vice ...
Total Annual Compensation: $332.7K
Chief Corrections Officer and Executive Vice ...
Total Annual Compensation: $332.7K
Executive Vice President, General Counsel and...
Total Annual Compensation: $282.3K
Compensation as of Fiscal Year 2013.

corrections corp of america (CXW) Key Developments

John D. Ferguson Retires as Chairman of Board of Directors of Corrections Corporation of America in 2016

Corrections Corporation of America (CCA) announced that chairman, John D. Ferguson, has informed the company of his decision to retire from the Board of Directors and not stand for re-election at the annual meeting of the company's stockholders in 2016. Mr. Ferguson, who will stand for re-election at the company's May 14, 2015 annual meeting of stockholders, plans to continue to serve as chairman to allow an orderly transition and provide the necessary time to consider a successor. Mr. Ferguson has served as a director since he joined CCA in August 2000 as president and chief executive officer. In July 2008, he was appointed chairman of the company's Board of Directors and continued as chief executive officer until October 2009.

Corrections Corporation of America Settles Another Idaho Wrongful Termination Case

Corrections Corporation of America settled a lawsuit with a former nurse who alleges she was fired in retaliation for filing a sexual harassment complaint. Michelle Pierce began working at the CCA-run Idaho Correctional Center south of Boise in July 2012. As part of her job responsibilities, she was required to pass out medications to the inmates. As a safety measure, officers must accompany nurses when passing out medications to inmates. Pierce said she told her female supervisor she was having difficulty getting officers to accompany her. The supervisor recommended Pierce be more flirtatious with the officers and then they would do whatever she wanted, according to the complaint filed in federal court in February 2014. Pierce also claims she was subjected to numerous inappropriate sexual comments and advances.

CCA Declares Quarterly Cash Dividend, Payable on April 15, 2015

CCA announced that its board of directors declared a quarterly dividend of $0.54 per share to be paid on April 15, 2015 to shareholders of record as of the close of business on April 2, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CXW:US $39.89 USD +0.18

CXW Competitors

Market data is delayed at least 15 minutes.

Company Last Change
G4S PLC 298.00 GBp -1.10
Serco Group PLC 222.40 GBp -5.30
Geo Group Inc/The $43.15 USD +0.56
View Industry Companies
 

Industry Analysis

CXW

Industry Average

Valuation CXW Industry Range
Price/Earnings 24.0x
Price/Sales 2.8x
Price/Book 3.1x
Price/Cash Flow 15.1x
TEV/Sales 2.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CORRECTIONS CORP OF AMERICA, please visit www.cca.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.