Geo Group (NYSE:GEO) Director Scott Michael Kernan Sells 6,633 Shares of Stock

Geo Group Inc (The) (NYSE:GEO) Director Scott Michael Kernan sold 6,633 shares of Geo Group stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $15.24, for a total transaction of $101,086.92. Following the completion of the sale, the director directly owned 27,062 shares of the company’s stock, valued at $412,424.88. The trade was a 19.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Geo Group Trading Down 3.8%

Shares of GEO traded down $0.56 during trading hours on Friday, hitting $14.36. The stock had a trading volume of 7,614,346 shares, compared to its average volume of 2,965,421. Geo Group Inc has a 12-month low of $12.51 and a 12-month high of $32.09. The firm has a market cap of $1.93 billion, a P/E ratio of 7.89 and a beta of 0.77. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.01 and a current ratio of 2.01. The company’s fifty day simple moving average is $15.90 and its 200 day simple moving average is $17.40.

Geo Group (NYSE:GEO) last released its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.25. The firm had revenue of $707.70 million during the quarter, compared to analysts’ expectations of $667.23 million. Geo Group had a return on equity of 8.36% and a net margin of 9.67%.Geo Group’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.13 EPS. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. Equities research analysts forecast that Geo Group Inc will post 0.83 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on GEO. Zacks Research upgraded Geo Group from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Geo Group in a research report on Monday, December 29th. JonesTrading decreased their price target on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Finally, Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $34.67.

Institutional Trading of Geo Group

Several hedge funds and other institutional investors have recently bought and sold shares of GEO. Envestnet Asset Management Inc. lifted its holdings in Geo Group by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 18,056 shares of the real estate investment trust’s stock worth $432,000 after buying an additional 441 shares during the last quarter. Amalgamated Bank increased its holdings in shares of Geo Group by 1.6% in the 2nd quarter. Amalgamated Bank now owns 39,088 shares of the real estate investment trust’s stock valued at $936,000 after acquiring an additional 607 shares during the last quarter. Covestor Ltd raised its position in shares of Geo Group by 18.9% during the 3rd quarter. Covestor Ltd now owns 3,887 shares of the real estate investment trust’s stock valued at $80,000 after acquiring an additional 617 shares in the last quarter. ProShare Advisors LLC lifted its stake in Geo Group by 3.0% during the fourth quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock worth $424,000 after purchasing an additional 772 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its holdings in Geo Group by 245.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 782 shares during the period. 76.10% of the stock is owned by institutional investors.

Geo Group Company Profile

The GEO Group (NYSE:GEO) is a leading provider of correctional, detention and community reentry services to government agencies around the world. As a real estate investment trust, the company specializes in the design, financing, development and operation of secure facilities for adult and juvenile offenders, immigration detainees and individuals requiring mental health treatment or substance abuse programming. GEO’s integrated service model also encompasses electronic monitoring, rehabilitative programming and post-release supervision aimed at reducing recidivism and enhancing public safety.

GEO’s portfolio spans a range of facility types, including medium- and maximum-security correctional institutions, residential reentry centers, mental health treatment units and immigration detention centers.