Geo Group Inc (The) (NYSE:GEO – Free Report) – Stock analysts at Sidoti increased their FY2026 earnings per share estimates for shares of Geo Group in a research note issued on Friday, November 6th. Sidoti analyst B. Mccarthy now forecasts that the real estate investment trust will earn $1.42 per share for the year, up from their previous estimate of $1.37. The consensus estimate for Geo Group’s current full-year earnings is $1.42 per share. Sidoti also issued estimates for Geo Group’s Q1 2027 earnings at $0.46 EPS, Q2 2027 earnings at $0.55 EPS, Q3 2027 earnings at $0.58 EPS, Q4 2027 earnings at $0.59 EPS, Q1 2028 earnings at $0.57 EPS, Q2 2028 earnings at $0.58 EPS and Q3 2028 earnings at $0.58 EPS.
Geo Group (NYSE:GEO – Get Free Report) last posted its earnings results on Thursday, November 5th. The real estate investment trust reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Geo Group had a return on equity of 10.42% and a net margin of 10.31%. The business had revenue of $761.06 million during the quarter, compared to analyst estimates of $770.87 million. During the same quarter last year, the company earned $0.25 EPS. The company’s quarterly revenue was up 11.5% compared to the same quarter last year.
Other equities analysts have also recently issued research reports about the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Geo Group in a research note on Friday, September 4th. Noble Financial reiterated an “outperform” rating on shares of Geo Group in a research note on Monday, August 10th. Wall Street Zen cut shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Zacks Research raised shares of Geo Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Finally, JonesTrading increased their price objective on shares of Geo Group from $40.00 to $42.75 and gave the company a “buy” rating in a research report on Thursday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $41.38.
Read Our Latest Analysis on GEO
Geo Group Price Performance
NYSE GEO opened at $30.00 on Monday. Geo Group has a one year low of $12.51 and a one year high of $33.17. The stock has a 50-day moving average of $29.98 and a 200 day moving average of $24.55. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 1.48 and a beta of 0.78. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.65 and a current ratio of 1.65.
Insiders Place Their Bets
In other Geo Group news, insider Ronald A. Brack sold 7,000 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $32.00, for a total value of $224,000.00. Following the transaction, the insider owned 71,614 shares of the company’s stock, valued at approximately $2,291,648. This represents a 8.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Matthew Albence sold 11,797 shares of the firm’s stock in a transaction dated 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 $2,755,082.90. The trade was a 11.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 28,797 shares of company stock valued at $911,916. 4.98% of the stock is owned by company insiders.
Hedge Funds Weigh In On Geo Group
Several institutional investors have recently made changes to their positions in the business. Russell Investments Group Ltd. boosted its stake in shares of Geo Group by 13.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 93,303 shares of the real estate investment trust’s stock worth $2,843,000 after acquiring an additional 11,001 shares during the last quarter. Maryland State Retirement & Pension System grew its position in shares of Geo Group by 49.4% during the 3rd quarter. Maryland State Retirement & Pension System now owns 28,664 shares of the real estate investment trust’s stock valued at $873,000 after acquiring an additional 9,483 shares during the period. Illinois Municipal Retirement Fund increased its stake in shares of Geo Group by 16.4% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 67,758 shares of the real estate investment trust’s stock worth $2,065,000 after purchasing an additional 9,564 shares in the last quarter. O Brien Greene & Co. Inc purchased a new stake in shares of Geo Group in the 3rd quarter worth $427,000. Finally, Parallel Advisors LLC increased its stake in shares of Geo Group by 165.5% in the 3rd quarter. Parallel Advisors LLC now owns 1,017 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 634 shares in the last quarter. Institutional investors own 76.10% of the company’s stock.
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.
Founded in 1984 as Wackenhut Corrections Corporation, the company adopted the GEO Group name in 2003.
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