Boothbay Fund Management LLC Has $13.09 Million Stock Position in Geo Group Inc (The) $GEO

Boothbay Fund Management LLC increased its stake in shares of Geo Group Inc (The) (NYSE:GEO) by 7.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 638,936 shares of the real estate investment trust’s stock after acquiring an additional 46,237 shares during the period. Boothbay Fund Management LLC owned about 0.46% of Geo Group worth $13,092,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its stake in shares of 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 purchasing an additional 441 shares in the last quarter. Covestor Ltd grew its stake in shares of Geo Group by 18.9% in the third quarter. Covestor Ltd now owns 3,887 shares of the real estate investment trust’s stock valued at $80,000 after buying an additional 617 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Geo Group by 245.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 782 shares during the last quarter. Amalgamated Bank increased its holdings in Geo Group by 2.0% during the third quarter. Amalgamated Bank now owns 39,872 shares of the real estate investment trust’s stock worth $817,000 after buying an additional 784 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in Geo Group by 81.9% during the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 839 shares in the last quarter. 76.10% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

GEO has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a research note on Monday, December 29th. JonesTrading dropped their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, February 13th. Zacks Research upgraded shares of Geo Group from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Finally, Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Geo Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.67.

Geo Group Stock Performance

GEO opened at $14.55 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.01 and a current ratio of 2.01. Geo Group Inc has a 52-week low of $12.51 and a 52-week high of $32.09. The firm has a market cap of $1.95 billion, a P/E ratio of 7.99 and a beta of 0.77. The business’s fifty day moving average is $15.69 and its 200-day moving average is $17.12.

Geo Group (NYSE:GEO) last announced its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The business had revenue of $707.70 million for the quarter, compared to analysts’ expectations of $667.23 million. During the same period last year, the firm posted $0.13 earnings per share. The firm’s quarterly revenue was up 16.5% compared to the same quarter last year. 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. Sell-side analysts expect that Geo Group Inc will post 0.83 EPS for the current fiscal year.

Insider Buying and Selling at Geo Group

In other news, Director Scott Michael Kernan sold 6,633 shares of Geo Group stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $15.24, for a total transaction of $101,086.92. Following the sale, the director directly owned 27,062 shares of the company’s stock, valued at approximately $412,424.88. This trade represents a 19.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.30% of the stock is currently owned by company insiders.

Geo Group 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.