Geo Group Stock Sees Q4 Earnings Estimate Raised at Sidoti

Geo Group Inc (The) (NYSE:GEO) – Analysts at Sidoti upped their Q4 2026 earnings estimates for shares of Geo Group in a research report issued to clients and investors on Thursday, October 8th. Sidoti analyst B. Mccarthy now expects that the real estate investment trust will post earnings per share of $0.37 for the quarter, up from their prior estimate of $0.30. The consensus estimate for Geo Group’s current full-year earnings is $1.33 per share.

GEO has been the subject of a number of other research reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Geo Group in a research note on Friday, September 4th. UBS Group reissued a “buy” rating on shares of Geo Group in a report on Tuesday, October 6th. Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Northland Securities upped their price objective on Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a research note on Friday, June 26th. Finally, Zacks Research raised Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Geo Group currently has a consensus rating of “Buy” and a consensus price target of $40.00.

Geo Group Stock Up 1.9%

GEO opened at $31.71 on Monday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.65 and a current ratio of 1.65. Geo Group has a fifty-two week low of $12.51 and a fifty-two week high of $33.17. The firm’s fifty day moving average is $31.27 and its 200 day moving average is $26.87. The stock has a market cap of $4.17 billion, a price-to-earnings ratio of 14.96, a price-to-earnings-growth ratio of 1.67 and a beta of 0.77.

Geo Group (NYSE:GEO) last issued its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.29 by $0.08. The business had revenue of $732.07 million for the quarter, compared to the consensus estimate of $721.43 million. Geo Group had a net margin of 10.31% and a return on equity of 10.42%. The company’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.22 earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Geo Group in the 2nd quarter worth about $570,744,000. Pentwater Capital Management LP bought a new position in shares of Geo Group in the 2nd quarter valued at about $312,698,000. Hsbc Holdings PLC bought a new position in shares of Geo Group in the 2nd quarter valued at about $118,673,000. Assenagon Asset Management S.A. bought a new position in shares of Geo Group in the 2nd quarter valued at about $47,605,000. Finally, Bank of New York Mellon Corp purchased a new position in Geo Group in the second quarter worth about $23,825,000. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Insider Buying and Selling at Geo Group

In related news, VP Matthew Albence sold 11,797 shares of the firm’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $31.45, for a total transaction of $371,015.65. Following the completion of the transaction, the vice president directly owned 87,602 shares of the company’s stock, valued at approximately $2,755,082.90. This trade represents a 11.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Ronald A. Brack sold 7,000 shares of Geo Group stock in a transaction on Friday, August 21st. The shares were sold at an average price of $32.00, for a total transaction of $224,000.00. Following the completion of the sale, the insider owned 71,614 shares in the company, valued at approximately $2,291,648. This represents a 8.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 28,797 shares of company stock valued at $911,916 over the last ninety days. 4.98% of the stock is currently owned by corporate insiders.

Geo Group Company Profile

The GEO Group, Inc (NYSE: GEO) is a provider of correctional, detention and community-reentry services. The company designs, finances, develops and manages secure facilities for federal, state and local government agencies, as well as certain international government clients. Its facilities house individuals in pretrial detention, immigration detention and correctional programs.

GEO also provides correctional and behavioral healthcare, transportation and security services, and electronic monitoring technologies.