Vanguard Group Inc. Buys 98,742 Shares of Geo Group Inc (The) $GEO

Vanguard Group Inc. increased its stake in Geo Group Inc (The) (NYSE:GEOFree Report) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 14,894,927 shares of the real estate investment trust’s stock after acquiring an additional 98,742 shares during the period. Vanguard Group Inc. owned about 0.11% of Geo Group worth $240,106,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the stock. Evergreen Capital Management LLC raised its position in Geo Group by 26.4% in the 4th quarter. Evergreen Capital Management LLC now owns 13,327 shares of the real estate investment trust’s stock worth $215,000 after purchasing an additional 2,780 shares during the last quarter. Bayforest Capital Ltd bought a new position in Geo Group in the 4th quarter worth approximately $37,000. State of Alaska Department of Revenue raised its position in Geo Group by 42.2% in the 4th quarter. State of Alaska Department of Revenue now owns 110,776 shares of the real estate investment trust’s stock worth $1,785,000 after purchasing an additional 32,890 shares during the last quarter. Tectonic Advisors LLC raised its position in Geo Group by 56.9% in the 4th quarter. Tectonic Advisors LLC now owns 89,298 shares of the real estate investment trust’s stock worth $1,439,000 after purchasing an additional 32,375 shares during the last quarter. Finally, Sterneck Capital Management LLC bought a new position in Geo Group in the 4th quarter worth approximately $310,000. Institutional investors own 76.10% of the company’s stock.

Insider Activity at Geo Group

In other Geo Group news, Director Scott Michael Kernan sold 6,633 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total transaction of $101,086.92. Following the completion of the sale, the director owned 27,062 shares in the company, valued at approximately $412,424.88. The trade was a 19.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 4.98% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research report on Friday, March 27th. JonesTrading dropped their price objective 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, March 20th. Zacks Research upgraded shares of Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Finally, Wall Street Zen cut shares of Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $34.50.

Read Our Latest Report on GEO

Geo Group Stock Performance

Shares of Geo Group stock opened at $21.82 on Friday. The firm has a fifty day moving average of $17.06 and a two-hundred day moving average of $16.47. The stock has a market capitalization of $2.90 billion, a price-to-earnings ratio of 11.07 and a beta of 0.82. Geo Group Inc has a 52 week low of $12.51 and a 52 week high of $27.90. The company has a debt-to-equity ratio of 1.06, a quick ratio of 2.01 and a current ratio of 1.75.

Geo Group (NYSE:GEOGet Free Report) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating the consensus estimate of $0.19 by $0.10. The company had revenue of $705.21 million during the quarter, compared to analysts’ expectations of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS. Geo Group has set its FY 2026 guidance at 1.150-1.250 EPS and its Q2 2026 guidance at 0.250-0.290 EPS. As a group, equities research analysts predict that Geo Group Inc will post 1.2 EPS for the current year.

Trending Headlines about Geo Group

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About Geo Group

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Geo Group (NYSE:GEO)

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