Yahoo! FinanceHome - Yahoo! - Help

Market Guide

[ Stock Screener | Company & Fund Index | Financial Glossary ]

Profile - Corrections Corp. of Amer (NYSE:CXW)
As of 31-Aug-2001
Enter symbol:
symbol lookup

 
More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Financials
Recent Events
Aug  9Conference call: Corrections Corporation of America Second Quarter Results
Aug  9Earnings Announcement
Location
10 Burton Hills Boulevard, Suite 100
Nashville, TN 37215
Phone: (615) 263-3000
Fax: (615) 269-8635
Employees (last reported count): 15,255
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Services
 ·Industry: Business Services
Company Websites
 ·Home Page
 ·Investor Relations
 ·Yahoo! Category

 ·Search Yahoo! for related links...

Ownership
·Insider and 5%+ Owners: 12%
·Over the last 6 months:
 · one insider buy; 1,000  shares
·Institutional: 26% (29% of float)
(102 institutions)
·Net Inst. Buying: 1.77M shares (+21.44%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Corrections Corp. of America is a private owner and operator of correctional and detention facilities. As of March 15, 2001, the Company owned or managed 74 correctional and detention facilities, with a total design capacity of approximately 67,000 beds, in 22 states, the District of Columbia, Puerto Rico and the United Kingdom. Of these facilities, 72 were operating and two were under construction. As of December 31, 2000, the Company controlled approximately 52% of all beds under contract with private operators of correctional and detention facilities in the United States.
More from Market Guide: Expanded Business Description

Financial Summary
CXW is a developer and manager of privatized correctional and detention facilities and provides prisoner transportation services for governmental agencies. For the six months ended 6/30/01, revenues totaled $486.1 million, up from $28.2 million. Net loss applicable to Common decreased 88% to $14.6 million. Revenues reflect the inclusion of management revenues. Net loss was partially offset by the inclusion of a $6.3 million change in fair value of interest rate swap agreement charge.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]

Position
William AndrewsChairman
John FergusonPres, CEO, Director
Irving LingoCFO
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:CXWAs of 31-Aug-2001
Price and Volume
52-Week Low
on 15-Dec-2000
$1.88 
Recent Price$14.55 
52-Week High
on 1-Sep-2000
$23.75 
Beta1.49 
Daily Volume (3-month avg)136.4K
Daily Volume (10-day avg)95.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change-33.5%
52-Week Change
relative to S&P500
-10.8%
Share-Related Items
Market Capitalization$365.7M
Shares Outstanding25.1M
Float22.1M
Dividends & Splits
Annual Dividendnone 
Last Split: 1 for 10 on 18-May-2001
Per-Share Data
Book Value (mrq)$19.72 
Earnings (ttm)-$43.97 
Earnings (mrq)-$0.18 
Sales (ttm)$39.85 
Cash (mrq)$1.67 
Valuation Ratios
Price/Book (mrq)0.74 
Price/EarningsN/A 
Price/Sales (ttm)0.36 
Income Statements
Sales (ttm)$768.2M
EBITDA (ttm)-$359.3M
Income available to common (ttm)-$641.4M
Profitability
Profit Margin (ttm)-81.0%
Operating Margin (ttm)-54.5%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)-26.67%
Return on Equity (ttm)-91.27%
Financial Strength
Current Ratio (mrq)0.37 
Debt/Equity (mrq)1.45 
Total Cash (mrq)$41.9M
Short Interest
As of 8-Aug-2001
Shares Short348.0K
Percent of Float1.6%
Shares Short
(Prior Month)
336.0K
Short Ratio2.45 
Daily Volume142.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

Market Guide offers more in-depth Company Research, Stock Screening, and Hottest Stocks and Industries on over 10,000 U.S. Equities.


Copyright © 2001 Yahoo! Inc. All Rights Reserved. Privacy Policy - Terms of Service
Company information Copyright Market Guide. Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). Some event data provided by CCBN. Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Yahoo nor any of its data or content providers (such as Market Guide, CSI, etc.) shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon.