JonesTrading Forecasts Strong Price Appreciation for Geo Group (NYSE:GEO) Stock

Geo Group (NYSE:GEO) had its target price raised by analysts at JonesTrading from $33.00 to $40.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the real estate investment trust’s stock. JonesTrading’s price objective points to a potential upside of 31.89% from the company’s previous close.

Other equities analysts also recently issued research reports about the stock. Wall Street Zen downgraded shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. 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. Zacks Research raised Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, Northland Securities increased their price target on Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a research note on Friday, June 26th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Geo Group has an average rating of “Buy” and an average price target of $40.00.

Geo Group Stock Performance

Shares of GEO traded down $1.09 during mid-day trading on Thursday, reaching $30.33. 2,829,337 shares of the company’s stock were exchanged, compared to its average volume of 2,115,555. The business’s fifty day simple moving average is $28.96 and its 200-day simple moving average is $21.56. The stock has a market capitalization of $4.05 billion, a PE ratio of 15.40, a price-to-earnings-growth ratio of 1.86 and a beta of 0.79. Geo Group has a 52-week low of $12.51 and a 52-week 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 announced its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.08. The business had revenue of $732.07 million during the quarter, compared to the consensus estimate of $721.43 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The business’s revenue was up 15.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.22 EPS. On average, equities research analysts expect that Geo Group will post 1.2 earnings per share for the current year.

Hedge Funds Weigh In On Geo Group

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Geo Group by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,766 shares of the real estate investment trust’s stock valued at $2,213,000 after acquiring an additional 3,309 shares in the last quarter. NewEdge Advisors LLC grew its position in shares of 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 buying an additional 839 shares in the last quarter. United Services Automobile Association bought a new stake in shares of Geo Group in the first quarter worth $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Geo Group by 168.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 284,975 shares of the real estate investment trust’s stock valued at $8,324,000 after purchasing an additional 178,622 shares in the last quarter. Finally, Invesco Ltd. raised its stake in Geo Group by 4.2% during the second quarter. Invesco Ltd. now owns 1,308,817 shares of the real estate investment trust’s stock valued at $31,346,000 after buying an additional 52,623 shares in the last quarter. Hedge funds and other institutional investors own 76.10% of the company’s stock.

More Geo Group News

Here are the key news stories impacting Geo Group this week:

• Positive Sentiment: GEO reported second-quarter 2026 adjusted earnings of $0.37 per share, ahead of the approximately $0.28–$0.29 analyst consensus, while revenue of $732.1 million exceeded expectations and increased 15.1% year over year. Geo Group Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised full-year 2026 EPS guidance to $1.27–$1.32, above the $1.22 consensus, and expects full-year revenue of $3.0–$3.1 billion. Third-quarter EPS guidance of $0.35–$0.37 also exceeds expectations. The GEO Group Reports Second Quarter Results and Updates Full Year 2026 Guidance
• Positive Sentiment: GEO is posting job openings as ICE prepares to open a new Colorado detention facility, suggesting potential additional demand for the company’s contracted detention services. GEO Group Posts Jobs for New Colorado Facility
• Neutral Sentiment: A sector-performance comparison highlights GEO’s year-to-date results against other business-services companies, but does not introduce a new fundamental catalyst. GEO Group Sector Performance Comparison
• Negative Sentiment: Fourth-quarter EPS guidance of $0.28–$0.31 is below the $0.33 consensus, while the midpoint of third-quarter revenue guidance is below expectations. This weaker near-term outlook may be overshadowing the quarterly earnings beat and full-year EPS raise.
• Negative Sentiment: Lawmakers have asked ICE and GEO to respond to alleged violations at the Moshannon Valley Processing Center, creating potential regulatory, reputational, and contract risks. Questions Regarding Alleged Moshannon Valley Violations

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.