Geo Group (NYSE:GEO) Hits New 1-Year High – Should You Buy?

Geo Group Inc (The) (NYSE:GEO) hit a new 52-week high on Monday . The company traded as high as $31.72 and last traded at $31.5180, with a volume of 202589 shares trading hands. The stock had previously closed at $30.25.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Weiss Ratings raised shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Wall Street Zen raised Geo Group from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Northland Securities increased their price target on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. Finally, JonesTrading dropped their price objective on Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research note on Friday, March 20th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $36.50.

Geo Group Stock Down 0.1%

The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of 15.28 and a beta of 0.79. The stock has a fifty day moving average of $24.81 and a 200-day moving average of $19.31.

Geo Group (NYSE:GEO) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.10. The firm had revenue of $705.21 million for 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 company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period 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, sell-side analysts expect that Geo Group Inc will post 1.2 EPS for the current year.

Institutional Trading of Geo Group

A number of institutional investors have recently added to or reduced their stakes in the business. Militia Capital Management LLC bought a new stake in Geo Group in the first quarter worth approximately $3,634,000. Glenmede Trust Co. NA raised its holdings in shares of Geo Group by 113.2% during the 1st quarter. Glenmede Trust Co. NA now owns 25,351 shares of the real estate investment trust’s stock valued at $426,000 after purchasing an additional 13,459 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Geo Group by 109.4% in the 1st quarter. Bank of America Corp DE now owns 346,779 shares of the real estate investment trust’s stock valued at $5,829,000 after purchasing an additional 181,140 shares during the last quarter. Rubric Capital Management LP lifted its stake in shares of Geo Group by 7.3% in the 1st quarter. Rubric Capital Management LP now owns 3,743,180 shares of the real estate investment trust’s stock valued at $62,923,000 after purchasing an additional 256,265 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its holdings in Geo Group by 304.5% in the first quarter. Quantinno Capital Management LP now owns 176,266 shares of the real estate investment trust’s stock worth $2,963,000 after purchasing an additional 132,690 shares in the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

About Geo Group

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.