Geo Group (NYSE:GEO) Upgraded to “Strong-Buy” at Zacks Research

Zacks Research upgraded shares of Geo Group (NYSE:GEO) from a hold rating to a strong-buy rating in a report released on Monday morning,Zacks.com reports.

Other analysts also recently issued research reports about the company. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Northland Securities raised their target price on Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, June 26th. Finally, Wall Street Zen upgraded Geo Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $36.50.

Geo Group Trading Up 1.9%

NYSE GEO opened at $31.18 on Monday. The company has a market capitalization of $4.17 billion, a PE ratio of 15.83, a P/E/G ratio of 1.82 and a beta of 0.79. The company has a fifty day moving average of $27.22 and a 200 day moving average of $20.46. Geo Group has a 1 year low of $12.51 and a 1 year high of $32.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75.

Geo Group (NYSE:GEO) last posted its quarterly 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 for 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%. The firm’s revenue was up 16.6% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 earnings per share. 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. Research analysts forecast that Geo Group will post 1.2 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its position in shares of 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 acquiring an additional 782 shares during the period. Bessemer Group Inc. grew its position in shares of Geo Group by 111.9% during the 1st quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 910 shares during the period. IFP Advisors Inc acquired a new stake in shares of Geo Group during the 4th quarter valued at about $30,000. Bayforest Capital Ltd acquired a new stake in shares of Geo Group during the 4th quarter valued at about $37,000. Finally, Daytona Street Capital LLC purchased a new position in shares of Geo Group in the 4th quarter valued at about $53,000. Hedge funds and other institutional investors own 76.10% of the company’s stock.

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.