Geo Group (NYSE:GEO) Reaches New 1-Year High – Should You Buy?

Geo Group Inc (The) (NYSE:GEO)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $30.08 and last traded at $29.70, with a volume of 2981886 shares changing hands. The stock had previously closed at $29.28.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wall Street Zen lowered Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings raised shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Finally, JonesTrading reduced their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, March 20th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $33.00.

Geo Group Trading Down 1.9%

The business has a 50 day simple moving average of $23.20 and a two-hundred day simple moving average of $18.67. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.06. The company has a market cap of $3.93 billion, a PE ratio of 14.92 and a beta of 0.87.

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

Institutional Trading of Geo Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of 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 worth $2,213,000 after acquiring an additional 3,309 shares during the period. NewEdge Advisors LLC boosted its position 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 worth $54,000 after acquiring an additional 839 shares during the last quarter. United Services Automobile Association purchased a new stake in Geo Group in the first quarter valued at approximately $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Geo Group by 168.0% during 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 purchasing an additional 178,622 shares during the last quarter. Finally, Invesco Ltd. increased its position in Geo Group by 4.2% during the second quarter. Invesco Ltd. now owns 1,308,817 shares of the real estate investment trust’s stock worth $31,346,000 after purchasing an additional 52,623 shares during the last quarter. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Geo Group Company Profile

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.