Should I buy or sell The GEO Group stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GEO shares. View GEO analyst ratings or view top-rated stocks .

What is The GEO Group's stock price target for 2024?

2 Wall Street research analysts have issued 1 year price objectives for The GEO Group's shares. Their GEO share price targets range from $14.00 to $22.00. On average, they expect the company's share price to reach $18.00 in the next year. This suggests a possible upside of 20.1% from the stock's current price. View analysts price targets for GEO or view top-rated stocks among Wall Street analysts .

How have GEO shares performed in 2024?

The GEO Group's stock was trading at $10.83 on January 1st, 2024. Since then, GEO stock has increased by 38.4% and is now trading at $14.99. View the best growth stocks for 2024 here .

When is The GEO Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024. View our GEO earnings forecast .

How were The GEO Group's earnings last quarter?

The GEO Group, Inc. (NYSE:GEO) released its quarterly earnings results on Thursday, February, 15th. The real estate investment trust reported $0.29 EPS for the quarter, beating the consensus estimate of $0.18 by $0.11. The real estate investment trust had revenue of $608.28 million for the quarter, compared to analysts' expectations of $597.47 million. The GEO Group had a net margin of 4.72% and a trailing twelve-month return on equity of 9.43%. During the same period in the prior year, the firm earned $0.58 EPS.

What ETFs hold The GEO Group's stock?

ETFs with the largest weight of The GEO Group (NYSE:GEO) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT) , Invesco S&P SmallCap Value with Momentum ETF (XSVM) , Invesco S&P SmallCap 600 Pure Value ETF (RZV) , Invesco S&P SmallCap Industrials ETF (PSCI) , First Trust Small Cap Value AlphaDEX Fund (FYT) , Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) and iShares Micro-Cap ETF (IWC) . JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) .

What guidance has The GEO Group issued on next quarter's earnings?

The GEO Group issued an update on its FY 2024 earnings guidance on Saturday, April, 6th. The company provided EPS guidance of 0.870-0.990 for the period, compared to the consensus EPS estimate of 0.940. The company issued revenue guidance of -.

What is George C. Zoley's approval rating as The GEO Group's CEO?

214 employees have rated The GEO Group Chief Executive Officer George C. Zoley on Glassdoor.com . George C. Zoley has an approval rating of 63% among the company's employees. This puts George C. Zoley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of The GEO Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The GEO Group investors own include AT&T (T) , Enterprise Products Partners (EPD) , Energy Transfer (ET) , CoreCivic (CXW) , Iron Mountain (IRM) , Altria Group (MO) , AGNC Investment (AGNC) , Annaly Capital Management (NLY) , Verizon Communications (VZ) and AbbVie (ABBV) .

Who are The GEO Group's major shareholders?

The GEO Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%) and Hodges Capital Management Inc. (0.04%). Insiders that own company stock include George C Zoley, James H Black, James H Black , Scott Michael Kernan and Shayn P March. View institutional ownership trends .

How do I buy shares of The GEO Group?

Shares of GEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:GEO

The GEO Group (GEO) Stock Price, News & Analysis

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Free GEO Stock Alerts

$14.99

-0.19 (-1.25%)

(As of 04/17/2024 ET)

Compare

Today's Range: $14.98
▼
$15.42
50-Day Range: $11.12
▼
$15.94
52-Week Range: $6.94
▼
$16.31

Volume: 3.29 million shs
Average Volume: 2.75 million shs
Market Capitalization: $1.90 billion

P/E Ratio: 19.72
Dividend Yield: N/A
Price Target: $18.00

Get The GEO Group alerts:

The GEO Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 20.1% Upside
$18.00 Price Target
Short Interest: Bearish
20.53% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.96
Based on 14 Articles This Week
Insider Trading: Selling Shares
$37,500 Sold Last Quarter
Proj. Earnings Growth: 35.64%
From $1.01 to $1.37 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.24 out of 5 stars

Business Services Sector

100th out of 303 stocks

General Building Contractors - Residential Buildings Industry

3rd out of 3 stocks

2.5

Analyst's Opinion

Consensus Rating
The GEO Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
The GEO Group has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
20.53% of the float of The GEO Group has been sold short.
Short Interest Ratio / Days to Cover
The GEO Group has a short interest ratio ("days to cover") of 8.7.
Change versus previous month
Short interest in The GEO Group has recently decreased by 0.53%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
The GEO Group does not currently pay a dividend.
Dividend Growth
The GEO Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GEO.

3.9

News and Social Media Coverage

News Sentiment
The GEO Group has a news sentiment score of 0.96. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 14 news articles for The GEO Group this week, compared to 4 articles on an average week.
Search Interest
35 people have searched for GEO on MarketBeat in the last 30 days. This is an increase of 59% compared to the previous 30 days.
MarketBeat Follows
22 people have added The GEO Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The GEO Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $37,500.00 in company stock.
Percentage Held by Insiders
Only 5.30% of the stock of The GEO Group is held by insiders.
Percentage Held by Institutions
76.10% of the stock of The GEO Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for The GEO Group are expected to grow by 35.64% in the coming year, from $1.01 to $1.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The GEO Group is 19.72, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 143.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of The GEO Group is 19.72, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 34.78.
Price to Earnings Growth Ratio
The GEO Group has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The GEO Group has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About The GEO Group Stock (NYSE:GEO)

The GEO Group, Inc. (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects. The company was founded in 1984 and is based in Boca Raton, Florida.

GEO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GEO Stock News Headlines

April 10, 2024 | insidertrades.com

The GEO Group, Inc. (NYSE:GEO) CFO Sells $37,500.00 in Stock

April 17, 2024 | msn.com

GEO Group (GEO) Price Target Increased by 30.51% to 19.64

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April 17, 2024 | seekingalpha.com

Geo Group: A Potential Election Play

April 17, 2024 | finance.yahoo.com

Recent Price Trend in Geo Group (GEO) is Your Friend, Here's Why

April 15, 2024 | americanbankingnews.com

The GEO Group, Inc. to Post Q1 2024 Earnings of $0.21 Per Share, Sidoti Csr Forecasts (NYSE:GEO)

April 12, 2024 | americanbankingnews.com

Q1 2024 Earnings Forecast for The GEO Group, Inc. Issued By Wedbush (NYSE:GEO)

April 11, 2024 | americanbankingnews.com

Q2 2024 Earnings Forecast for The GEO Group, Inc. (NYSE:GEO) Issued By Wedbush

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The GEO Group, Inc. (NYSE:GEO) CFO Shayn P. March Sells 2,500 Shares

April 9, 2024 | americanbankingnews.com

Wedbush Boosts The GEO Group (NYSE:GEO) Price Target to $22.00

April 9, 2024 | americanbankingnews.com

The GEO Group Target of Unusually Large Options Trading (NYSE:GEO)

April 9, 2024 | americanbankingnews.com

The GEO Group (NYSE:GEO) Hits New 1-Year High After Analyst Upgrade

April 8, 2024 | markets.businessinsider.com

The Latest Analyst Ratings For GEO Group

April 5, 2024 | markets.businessinsider.com

Geo Group Rises On Private Exchange Agreements With Convertible Senior Noteholders

April 5, 2024 | finance.yahoo.com

Private Prison Operator GEO Sells $1.73 Billion of Bonds, Loans

April 5, 2024 | finance.yahoo.com

GEO Group Insider Ups Holding During Year

April 5, 2024 | markets.businessinsider.com

GEO Group Enters Into Private Exchange Agreements With Convertible Senior Noteholders

April 5, 2024 | businesswire.com

The GEO Group Enters Into Private Exchange Agreements With Certain 6.50% Convertible Senior Noteholders

April 4, 2024 | bizjournals.com

Glamping resort hits the market for $2.5 million

April 4, 2024 | businesswire.com

The GEO Group Prices Senior Notes Offering and New Term Loan

April 4, 2024 | markets.businessinsider.com

Mayfair Gold Sets the Record Straight and Corrects Muddy Waters’ Misleading and Inaccurate Statements

April 3, 2024 | ca.finance.yahoo.com

NEVADA KING INTERCEPTS 4.51 G/T AU OVER 86.3M INCLUDING 7.77 G/T AU OVER 43M, FURTHER EXPANDS HIGH-GRADE ZONE 200M NORTH OF THE ATLANTA PIT

April 3, 2024 | markets.businessinsider.com

GEO Group To Issue $1.2 Bln Aggregate Principal Amount Of Senior Notes - Quick Facts

April 3, 2024 | businesswire.com

The GEO Group Announces Senior Notes Offering

April 2, 2024 | msn.com

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April 1, 2024 | finance.yahoo.com

The GEO Group Announces Commencement of Refinancing Process

See More Headlines

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Company Calendar

Last Earnings: 2/15/2024
Today: 4/18/2024
Next Earnings (Estimated): 4/23/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Business Services
Industry: General building contractors - residential buildings
Sub-Industry: Specialized REITs
Current Symbol: NYSE:GEO
CUSIP: 36159R10
CIK: 923796
Web: www.geogroup.com
Phone: (561) 893-0101
Fax: 972-581-2001
Employees: 16,400
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $18.00
High Stock Price Target: $22.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +20.1%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.76
Trailing P/E Ratio: 19.72
Forward P/E Ratio: 14.84
P/E Growth: 1.5
Net Income: $107.32 million
Net Margins: 4.72%
Pretax Margin: 5.72%
Return on Equity: 9.43%
Return on Assets: 3.18%

Debt

Debt-to-Equity Ratio: 1.34
Current Ratio: 1.21
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $2.41 billion
Price / Sales: 0.79
Cash Flow: $2.00 per share
Price / Cash Flow: 7.50
Book Value: $10.23 per share
Price / Book: 1.47

Miscellaneous

Outstanding Shares: 126,900,000
Free Float: 120,173,000
Market Cap: $1.90 billion
Optionable: Optionable
Beta: 0.62

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Key Executives

Dr. George C. Zoley Ph.D. (Age 74)
Founder & Executive Chairman of the Board
Comp: $2.3M
Mr. Brian R. Evans (Age 56)
Chief Executive Officer
Comp: $1.28M
Mr. Wayne H. Calabrese (Age 73)
President & COO
Comp: $1.02M
Mr. James H. Black (Age 60)
SVP, President of Secure Services & President of U.S. Corrections, Detention and International Ops
Comp: $951.66k
Mr. Jose Gordo J.D. (Age 50)
Advisor
Comp: $2.04M
Mr. Shayn P. March (Age 58)
Acting CFO, Executive VP of Finance & Treasurer
Mr. Ronald A. Brack (Age 62)
Executive VP, Chief Accounting Officer & Controller
Jose Rosario
Executive VP, Chief Information Officer & Chief Information Security Officer
Mr. Joe Negron (Age 62)
Senior VP, General Counsel & Corporate Secretary
Comp: $931.92k
Daniel H. Ragsdale
Executive Vice President of Contract Compliance

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GEO Stock Analysis - Frequently Asked Questions

Should I buy or sell The GEO Group stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GEO shares.
View GEO analyst ratings or view top-rated stocks.
What is The GEO Group's stock price target for 2024?: 2 Wall Street research analysts have issued 1 year price objectives for The GEO Group's shares. Their GEO share price targets range from $14.00 to $22.00. On average, they expect the company's share price to reach $18.00 in the next year. This suggests a possible upside of 20.1% from the stock's current price.
View analysts price targets for GEO or view top-rated stocks among Wall Street analysts.
How have GEO shares performed in 2024?: The GEO Group's stock was trading at $10.83 on January 1st, 2024. Since then, GEO stock has increased by 38.4% and is now trading at $14.99.
View the best growth stocks for 2024 here.
When is The GEO Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our GEO earnings forecast.
How were The GEO Group's earnings last quarter?: The GEO Group, Inc. (NYSE:GEO) released its quarterly earnings results on Thursday, February, 15th. The real estate investment trust reported $0.29 EPS for the quarter, beating the consensus estimate of $0.18 by $0.11. The real estate investment trust had revenue of $608.28 million for the quarter, compared to analysts' expectations of $597.47 million. The GEO Group had a net margin of 4.72% and a trailing twelve-month return on equity of 9.43%. During the same period in the prior year, the firm earned $0.58 EPS.
What ETFs hold The GEO Group's stock?: ETFs with the largest weight of The GEO Group (NYSE:GEO) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Invesco S&P SmallCap Industrials ETF (PSCI), First Trust Small Cap Value AlphaDEX Fund (FYT), Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) and iShares Micro-Cap ETF (IWC).JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE).

What guidance has The GEO Group issued on next quarter's earnings?: The GEO Group issued an update on its FY 2024 earnings guidance on Saturday, April, 6th. The company provided EPS guidance of 0.870-0.990 for the period, compared to the consensus EPS estimate of 0.940. The company issued revenue guidance of -.
What is George C. Zoley's approval rating as The GEO Group's CEO?: 214 employees have rated The GEO Group Chief Executive Officer George C. Zoley on Glassdoor.com. George C. Zoley has an approval rating of 63% among the company's employees. This puts George C. Zoley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of The GEO Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other The GEO Group investors own include AT&T (T), Enterprise Products Partners (EPD), Energy Transfer (ET), CoreCivic (CXW), Iron Mountain (IRM), Altria Group (MO), AGNC Investment (AGNC), Annaly Capital Management (NLY), Verizon Communications (VZ) and AbbVie (ABBV).
Who are The GEO Group's major shareholders?: The GEO Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include IMC Chicago LLC (0.00%) and Hodges Capital Management Inc. (0.04%). Insiders that own company stock include George C Zoley, James H Black, James H Black, Scott Michael Kernan and Shayn P March.
View institutional ownership trends.
How do I buy shares of The GEO Group?: Shares of GEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GEO) was last updated on 4/18/2024 by MarketBeat.com Staff

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The GEO Group (GEO) Stock Price, News & Analysis

The GEO Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About The GEO Group Stock (NYSE:GEO)

GEO Stock Price History

GEO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

GEO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™