Geo Group Stock Earnings Estimates Lifted by Noble Financial

Geo Group Inc (The) (NYSE:GEO) – Equities researchers at Noble Financial raised their FY2027 earnings estimates for Geo Group in a report issued on Monday, November 9th. Noble Financial analyst J. Gomes now forecasts that the real estate investment trust will earn $2.06 per share for the year, up from their previous estimate of $1.56. Noble Financial currently has an “Outperform” rating on the stock. The consensus estimate for Geo Group’s current full-year earnings is $1.44 per share.

Geo Group (NYSE:GEO) last released its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported $0.39 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.04. The company had revenue of $761.06 million for the quarter, compared to the consensus estimate of $770.87 million. Geo Group had a return on equity of 11.44% and a net margin of 5.74%. Geo Group’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter last year, the business posted $0.25 EPS.

GEO has been the topic of several other reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Geo Group in a research note on Friday, September 4th. JonesTrading raised their price objective on shares of Geo Group from $40.00 to $42.75 and gave the company a “buy” rating in a report on Thursday, November 5th. UBS Group reiterated a “buy” rating on shares of Geo Group in a research report on Tuesday, October 6th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Zacks Research raised shares of Geo Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $41.38.

Geo Group Price Performance

Geo Group stock opened at $31.89 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.65 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $4.22 billion, a PE ratio of 25.52, a P/E/G ratio of 1.50 and a beta of 0.78. Geo Group has a 12 month low of $12.51 and a 12 month high of $33.17. The stock has a 50-day moving average price of $29.98 and a two-hundred day moving average price of $24.62.

Insider Transactions at Geo Group

In other news, insider Ronald A. Brack sold 7,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $32.00, for a total transaction of $224,000.00. Following the completion of the transaction, the insider directly owned 71,614 shares in the company, valued at $2,291,648. This trade represents a 8.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Matthew Albence sold 11,797 shares of Geo Group stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $31.45, for a total value of $371,015.65. Following the completion of the transaction, the vice president directly owned 87,602 shares in the company, valued at approximately $2,755,082.90. This represents a 11.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 28,797 shares of company stock worth $911,916 in the last quarter. Corporate insiders own 4.98% of the company’s stock.

Institutional Trading of Geo Group

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in shares of Geo Group in the 2nd quarter worth approximately $570,744,000. Pentwater Capital Management LP bought a new stake in shares of Geo Group in the 2nd quarter valued at $312,698,000. Cooper Creek Partners Management LLC increased its position in shares of Geo Group by 14.2% during 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 period. Hsbc Holdings PLC acquired a new stake in shares of Geo Group during the second quarter worth $118,673,000. Finally, Assenagon Asset Management S.A. increased its position in shares of Geo Group by 141.8% during the third quarter. Assenagon Asset Management S.A. now owns 3,895,780 shares of the real estate investment trust’s stock worth $118,704,000 after buying an additional 2,284,770 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

Geo Group News Roundup

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

• Positive Sentiment: Several analysts raised their earnings outlooks. Noble Financial increased its FY2027 EPS estimate to $2.06 from $1.56 and its FY2026 estimate to $1.45 from $1.31; Sidoti lifted its FY2027 and FY2028 forecasts to $2.17 and $2.31, respectively. Northland also raised its FY2027 estimate to $2.36 from $1.54. The revisions point to stronger expected earnings growth.
• Positive Sentiment: GEO shares rose amid a broader rally across the sector, which may have contributed to the stock’s gains. Article: GEO Group Jumps 5.1% Amid Sector-Wide Rally
• Negative Sentiment: Protesters at GEO Group’s Charlotte headquarters called for the company to end its ICE detention contracts. The demonstrations underscore possible reputational and political pressure surrounding those contracts. Article: Protesters Target GEO Group’s Charlotte Headquarters

About Geo Group

The GEO Group, Inc. provides government services focused on corrections, detention and community-based supervision. Its services include operating secure facilities and processing centers, managing community reentry programs, and providing electronic monitoring and supervision technology for individuals in the community. The company serves federal, state and local government agencies, primarily in the United States. Its work also includes related services such as secure transportation and support programs for people transitioning from incarceration back into the community.