Geo Group Inc (The) (NYSE:GEO – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $27.25 and last traded at $27.0360, with a volume of 87925 shares traded. The stock had previously closed at $27.03.
Analyst Ratings Changes
Several research analysts recently issued reports on GEO shares. 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 note on Friday, March 20th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Geo Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.50.
Get Our Latest Stock Report on GEO
Geo Group Stock Performance
Geo Group (NYSE:GEO – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.10. The company had revenue of $705.21 million during the quarter, compared to analyst estimates of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. Geo Group’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period last year, the business earned $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. Equities analysts anticipate that Geo Group Inc will post 1.2 EPS for the current fiscal year.
Institutional Trading of Geo Group
A number of institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in Geo Group by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 14,894,927 shares of the real estate investment trust’s stock valued at $240,106,000 after purchasing an additional 98,742 shares in the last quarter. Turiya Advisors Asia Ltd bought a new stake in Geo Group during the 3rd quarter valued at about $115,664,000. Cooper Creek Partners Management LLC increased its stake in Geo Group by 14.2% during the 1st quarter. Cooper Creek Partners Management LLC now owns 5,314,006 shares of the real estate investment trust’s stock valued at $89,328,000 after purchasing an additional 661,281 shares in the last quarter. State Street Corp increased its stake in Geo Group by 2.6% during the 4th quarter. State Street Corp now owns 4,961,725 shares of the real estate investment trust’s stock valued at $79,983,000 after purchasing an additional 126,609 shares in the last quarter. Finally, Continental General Insurance Co. increased its stake in Geo Group by 10.1% during the 4th quarter. Continental General Insurance Co. now owns 4,684,474 shares of the real estate investment trust’s stock valued at $75,514,000 after purchasing an additional 430,000 shares in the last quarter. 76.10% of the stock is currently 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.
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