Havemeyer Place LP Buys New Position in Geo Group Inc (The) $GEO

Havemeyer Place LP bought a new stake in Geo Group Inc (The) (NYSE:GEO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 36,194 shares of the real estate investment trust’s stock, valued at approximately $583,000.

Several other institutional investors have also recently added to or reduced their stakes in GEO. Turiya Advisors Asia Ltd acquired a new position in Geo Group in the 3rd quarter valued at about $115,664,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in Geo Group in the 3rd quarter valued at about $88,625,000. Rubric Capital Management LP grew its holdings in Geo Group by 139.5% in the 3rd quarter. Rubric Capital Management LP now owns 2,986,915 shares of the real estate investment trust’s stock valued at $61,202,000 after buying an additional 1,739,522 shares during the period. UBS Group AG grew its holdings in Geo Group by 56.5% in the 3rd quarter. UBS Group AG now owns 3,603,288 shares of the real estate investment trust’s stock valued at $73,831,000 after buying an additional 1,300,139 shares during the period. Finally, Cooper Creek Partners Management LLC grew its holdings in Geo Group by 32.7% in the 3rd quarter. Cooper Creek Partners Management LLC now owns 4,974,772 shares of the real estate investment trust’s stock valued at $101,933,000 after buying an additional 1,224,847 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

Wall Street Analysts Forecast Growth

GEO has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a report on Friday, March 27th. Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, JonesTrading lowered their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a report on Friday, March 20th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Geo Group has an average rating of “Moderate Buy” and a consensus target price of $34.50.

Geo Group Stock Up 5.4%

Shares of NYSE:GEO opened at $26.67 on Tuesday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. Geo Group Inc has a 1 year low of $12.51 and a 1 year high of $27.90. The stock has a market capitalization of $3.56 billion, a P/E ratio of 13.54 and a beta of 0.86. The stock has a 50-day simple moving average of $20.49 and a 200-day simple moving average of $17.57.

Geo Group (NYSE:GEO) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) 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 business had revenue of $705.21 million during the quarter, compared to analysts’ expectations of $688.89 million. During the same quarter in the previous year, the business earned $0.14 EPS. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. 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. Equities analysts forecast that Geo Group Inc will post 1.2 earnings per share for the current year.

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.