Geo Group (NYSE:GEO) Stock Passes Above 200 Day Moving Average – Should You Sell?

Geo Group Inc (The) (NYSE:GEO)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $16.96 and traded as high as $23.82. Geo Group shares last traded at $23.5420, with a volume of 1,293,202 shares.

Wall Street Analyst Weigh In

Several research firms have issued reports on GEO. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Geo Group in a report on Friday, March 27th. JonesTrading dropped their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Finally, Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Geo Group has a consensus rating of “Moderate Buy” and an average target price of $34.50.

Geo Group Stock Down 3.7%

The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $3.03 billion, a PE ratio of 11.49 and a beta of 0.82. The business’s 50 day simple moving average is $19.18 and its 200 day simple moving average is $17.00.

Geo Group (NYSE:GEO) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.10. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The company had revenue of $705.21 million for the quarter, compared to the consensus estimate of $688.89 million. During the same period in the previous year, the business earned $0.14 EPS. The company’s revenue was up 16.6% on a year-over-year basis. 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, analysts forecast that Geo Group Inc will post 1.2 EPS for the current year.

Insider Buying and Selling at Geo Group

In other news, Director Scott Michael Kernan sold 6,633 shares of the company’s stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $15.24, for a total value of $101,086.92. Following the transaction, the director owned 27,062 shares in the company, valued at $412,424.88. This represents a 19.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.98% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Geo Group

A number of hedge funds have recently modified their holdings of the stock. Glenmede Trust Co. NA increased its holdings in Geo Group by 113.2% in the first quarter. Glenmede Trust Co. NA now owns 25,351 shares of the real estate investment trust’s stock worth $426,000 after buying an additional 13,459 shares during the last quarter. Bank of America Corp DE increased its holdings in Geo Group by 109.4% in the first quarter. Bank of America Corp DE now owns 346,779 shares of the real estate investment trust’s stock worth $5,829,000 after buying an additional 181,140 shares during the last quarter. Rubric Capital Management LP increased its holdings in Geo Group by 7.3% in the first quarter. Rubric Capital Management LP now owns 3,743,180 shares of the real estate investment trust’s stock worth $62,923,000 after buying an additional 256,265 shares during the last quarter. Quantinno Capital Management LP increased 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 buying an additional 132,690 shares during the last quarter. Finally, Cooper Creek Partners Management LLC increased its holdings in Geo Group by 14.2% in the first quarter. Cooper Creek Partners Management LLC now owns 5,314,006 shares of the real estate investment trust’s stock worth $89,328,000 after buying an additional 661,281 shares during the last quarter. 76.10% of the stock is 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.