Noble Financial Estimates Geo Group’s Q3 Earnings (NYSE:GEO)

Geo Group Inc (The) (NYSE:GEOFree Report) – Equities researchers at Noble Financial upped their Q3 2026 earnings per share estimates for Geo Group in a report released on Monday, August 10th. Noble Financial analyst J. Gomes now forecasts that the real estate investment trust will post earnings of $0.35 per share for the quarter, up from their previous estimate of $0.31. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for Geo Group’s current full-year earnings is $1.30 per share. Noble Financial also issued estimates for Geo Group’s FY2026 earnings at $1.31 EPS and FY2027 earnings at $1.56 EPS.

Several other equities analysts have also recently commented on the stock. 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. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. JonesTrading increased their price objective on shares of Geo Group from $33.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Northland Securities raised their price objective on shares of Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. Finally, UBS Group reissued an “outperform” rating on shares of Geo Group in a report on Monday. 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $40.00.

Read Our Latest Research Report on GEO

Geo Group Price Performance

Shares of NYSE GEO opened at $30.65 on Tuesday. The stock has a market cap of $4.10 billion, a P/E ratio of 14.46, a P/E/G ratio of 1.68 and a beta of 0.79. The firm’s 50-day simple moving average is $29.41 and its 200 day simple moving average is $21.84. Geo Group has a fifty-two week low of $12.51 and a fifty-two week high of $32.25. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.00.

Geo Group (NYSE:GEOGet Free Report) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.37 EPS for the quarter, beating the consensus estimate of $0.29 by $0.08. Geo Group had a return on equity of 10.42% and a net margin of 10.31%.The firm had revenue of $732.07 million for the quarter, compared to analysts’ expectations of $721.43 million. During the same period last year, the firm earned $0.22 EPS. The firm’s revenue was up 15.1% compared to the same quarter last year.

Institutional Trading of Geo Group

Large investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. lifted its position in shares of Geo Group by 245.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 782 shares during the last quarter. Bessemer Group Inc. grew its holdings in shares of Geo Group by 111.9% in the 1st quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 910 shares during the last quarter. IFP Advisors Inc acquired a new stake in shares of Geo Group during the fourth quarter worth $30,000. Global Retirement Partners LLC acquired a new stake in shares of Geo Group during the second quarter worth $34,000. Finally, Bayforest Capital Ltd purchased a new stake in shares of Geo Group during the fourth quarter valued at $37,000. 76.10% of the stock is currently owned by institutional investors.

More Geo Group News

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Geo Group Company Profile

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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.

Further Reading

Earnings History and Estimates for Geo Group (NYSE:GEO)

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