Geo Group Inc (The) $GEO is Kore Advisors LP’s 2nd Largest Position

Kore Advisors LP increased its stake in shares of Geo Group Inc (The) (NYSE:GEO) by 16.2% in the 1st quarter, HoldingsChannel reports. The firm owned 975,580 shares of the real estate investment trust’s stock after buying an additional 136,201 shares during the quarter. Geo Group makes up 17.7% of Kore Advisors LP’s portfolio, making the stock its 2nd largest position. Kore Advisors LP’s holdings in Geo Group were worth $16,400,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Militia Capital Management LLC purchased a new stake in Geo Group in the 1st quarter valued at approximately $3,634,000. Bessemer Group Inc. increased its position in Geo Group by 111.9% during the first quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock worth $29,000 after buying an additional 910 shares in the last quarter. Illinois Municipal Retirement Fund increased its position in Geo Group by 4.6% during the first quarter. Illinois Municipal Retirement Fund now owns 74,297 shares of the real estate investment trust’s stock worth $1,249,000 after buying an additional 3,292 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of Geo Group by 2.2% in the first quarter. Principal Financial Group Inc. now owns 668,318 shares of the real estate investment trust’s stock worth $11,234,000 after acquiring an additional 14,585 shares during the last quarter. Finally, Kestra Advisory Services LLC raised its holdings in shares of Geo Group by 2.4% in the first quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust’s stock worth $512,000 after acquiring an additional 727 shares during the last quarter. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Geo Group Stock Up 0.6%

GEO stock opened at $31.42 on Thursday. The company has a 50 day moving average price of $27.39 and a two-hundred day moving average price of $20.57. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market capitalization of $4.20 billion, a P/E ratio of 15.95, a PEG ratio of 1.85 and a beta of 0.79. Geo Group Inc has a one year low of $12.51 and a one year high of $32.25.

Geo Group (NYSE:GEO) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.10. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The company had revenue of $705.21 million for the quarter, compared to analyst estimates of $688.89 million. During the same quarter in the prior year, the company posted $0.14 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. 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. As a group, sell-side analysts expect that Geo Group Inc will post 1.2 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Northland Securities boosted their target price 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. Zacks Research upgraded shares of Geo Group from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, Wall Street Zen raised shares of Geo Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy” and an average target price of $36.50.

About Geo Group

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.