Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, correctional and detention facilities operator Corrections Corporation of America (NYSE: CXW) has earned a respected four-star ranking.

With that in mind, let's take a closer look at Corrections Corp.'s business and see what CAPS investors are saying about the stock right now.

Corrections Corp. facts

Headquarters (founded) Nashville, Tenn. (1983)
Market Cap $2.8 billion
Industry Security services
Trailing-12-Month Revenue $1.7 billion
Management CEO Damon Hininger (since 2009)
CFO Todd Mullenger (since 2007)
Return on Equity (average, past 3 years) 10.9%
Cash/Debt $55.8 million / $1.3 billion
Competitors Avalon
Correctional Services
The GEO Group

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 95% of the 354 members who have rated Corrections Corp. believe the stock will outperform the S&P 500 going forward.  

One of those Fools, All-Star TMFDeej, tapped yesterday's decline as an attractive buy-in opportunity:

I am interested in the possible conversion of CXW into a REIT, spurred by several activist investors. The stock has surged a little more than I would have liked since this news came out, but I am going to add on [Tuesday's] pull-back.

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