Published on 7 Feb 2024 on Simply Wall St. via Yahoo Finance
CoreCivic, Inc. (NYSE:CXW) Has Fared Decently But Fundamentals Look Uncertain: What Lies Ahead For...
Most readers would already know that CoreCivic's (NYSE:CXW) stock increased by 3.1% over the past three months. However, we decided to study the company's mixed-bag of fundamentals to assess what this could mean for future share prices, as stock prices tend to be aligned with a company's long-term financial performance. Specifically, we decided to study CoreCivic's ROE in this article.
Return on equity or ROE is a key measure used to assess how efficiently a company's management is utilizing the company's capital. In simpler terms, it measures the profitability of a company in relation to shareholder's equity.
See our latest analysis for CoreCivic