Michael Kodesch

After a huge post-election rally, Corecivic Inc (NYSE: CXW) shares are down 3.6 percent in the past month as uncertainty about a possible impeachment of President Donald Trump have continued to rise. However, after meeting with company management, Canaccord Genuity analyst Micheal Kodesch is...

The current shortage of U.S. Immigration and Customs Enforcements (ICE) beds, coupled with areas of capacity constraints and state reforms aimed at alternative corrections, creates a growth opportunity larger than what has been witnessed in recent years, Canaccord Genuity’s Michael Kodesch...

Under the Trump administration, the Immigration and Customs Enforcement budget allocation is likely to be “sizable,” providing significant growth opportunity for private operators, Canaccord Genuity’s Michael Kodesch said in a report. He added that while there are some near-term...

The Trump administration released its Skinny Budget, or a general outline of the upcoming fiscal year's budget proposal. The budget suggests highlights significant expansion in ICE [Immigration and Customs Enforcement] and criminal alien capacity, Canaccord Genuity’s Michael Kodesch said...

Shares of The GEO Group Inc (NYSE: GEO) hit a new 52-week high of $47.61 on Wednesday even though the company's fourth-quarter EBITDA fell short of expectations. Michael Kodesch of Canaccord Genuity was modeling GEO Group to report a fourth-quarter adjusted EBITDA of $107.8 million but the company...

“Corecivic Inc (NYSE: CXW)'s massive beat in the quarter, the subsequent guidance raise, and the official confirmation of Jeff Sessions were met with investor enthusiasm in the post-print trading hours, as the stock was up over 8 percent at one point before trading off slightly to end the day...

Despite the 20 percent year to date appreciation in Corecivic Inc (NYSE: CXW) shares, Canaccord Genuity’s Michael Kodesch believes the beat and raise quarter reported by the company, along with the current political environment, is likely to be sufficient to sustain the momentum. The analyst...