: In 2025, companies reported record revenue growth. CoreCivic saw a 10% revenue increase in Q2 2025 compared to 2024, while GEO Group saw a 5% increase.
: Formerly known as Corrections Corporation of America, it manages numerous facilities across the country. Performance Drivers (2024–2025) buying stock in prisons
: The largest contractor for U.S. Immigration and Customs Enforcement (ICE) . : In 2025, companies reported record revenue growth
: A major boost occurred in early 2025 when the executive branch reversed a previous order that had directed the Department of Justice to phase out private prison contracts. : Stocks for both GEO Group and CoreCivic
: Stocks for both GEO Group and CoreCivic rallied significantly—over 50% in some cases—following the 2024 U.S. election. This was largely due to investor expectations of increased demand for detention space following promises of mass deportations.
Stock prices in this sector are often tied to federal immigration and criminal justice policies.
What Trump’s Victory Means for the Private Prison Industry