Geo Group Sees Unusually Large Options Volume (NYSE:GEO)

Geo Group Inc (The) (NYSE:GEOGet Free Report) saw unusually large options trading on Tuesday. Traders bought 28,868 call options on the company. This is an increase of 360% compared to the typical daily volume of 6,277 call options.

Geo Group Trading Down 0.6%

NYSE GEO traded down $0.18 during trading on Tuesday, hitting $28.36. The stock had a trading volume of 2,373,245 shares, compared to its average volume of 2,174,231. Geo Group has a one year low of $12.51 and a one year high of $28.89. The stock has a 50 day simple moving average of $21.60 and a 200 day simple moving average of $18.03. The stock has a market capitalization of $3.79 billion, a price-to-earnings ratio of 14.39 and a beta of 0.86. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75.

Geo Group (NYSE:GEOGet Free Report) last issued its quarterly earnings results 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. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The firm had revenue of $705.21 million for the quarter, compared to the consensus estimate of $688.89 million. During the same period in the prior year, the business posted $0.14 earnings per share. The company’s revenue for the quarter 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. Sell-side analysts predict that Geo Group will post 1.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on GEO. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Weiss Ratings upgraded shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Finally, JonesTrading dropped their price objective on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $34.50.

Read Our Latest Stock Report on Geo Group

Institutional Investors Weigh In On Geo Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Geo Group by 4.6% during the 1st 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 purchasing an additional 3,309 shares in the last quarter. NewEdge Advisors LLC raised its holdings in shares of Geo Group by 81.9% in the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock valued at $54,000 after acquiring 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 valued at about $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in Geo Group by 168.0% in the first 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 worth $8,324,000 after acquiring an additional 178,622 shares during the period. Finally, Invesco Ltd. lifted its stake in Geo Group by 4.2% in the second quarter. Invesco Ltd. now owns 1,308,817 shares of the real estate investment trust’s stock worth $31,346,000 after acquiring an additional 52,623 shares during the period. Institutional investors own 76.10% of the company’s stock.

About Geo Group

(Get Free Report)

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.

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