Noble Financial Predicts Increased Earnings for Geo Group

Geo Group Inc (The) (NYSE:GEO) – Equities researchers at Noble Financial upped their FY2026 earnings per share estimates for Geo Group in a note issued to investors on Monday, November 9th. Noble Financial analyst J. Gomes now expects that the real estate investment trust will post earnings per share of $1.45 for the year, up from their prior forecast of $1.31. Noble Financial has an “Outperform” rating on the stock. The consensus estimate for Geo Group’s current full-year earnings is $1.42 per share. Noble Financial also issued estimates for Geo Group’s Q4 2026 earnings at $0.40 EPS.

Geo Group (NYSE:GEO) last announced its quarterly earnings data on Thursday, November 5th. The real estate investment trust reported $0.39 EPS for the quarter, beating the consensus estimate of $0.35 by $0.04. The firm had revenue of $761.06 million for the quarter, compared to analyst estimates of $770.87 million. Geo Group had a return on equity of 10.42% and a net margin of 10.31%. The company’s revenue was up 11.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.25 EPS.

Several other research firms have also commented on GEO. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Geo Group in a report on Friday, September 4th. UBS Group reiterated 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 report on Saturday, July 25th. Zacks Research raised Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, JonesTrading increased their target price on Geo Group from $40.00 to $42.75 and gave the company a “buy” rating in a report on Thursday, November 5th. One equities research 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 an average price target of $41.38.

Geo Group Trading Up 7.9%

Shares of GEO opened at $30.00 on Tuesday. Geo Group has a fifty-two week low of $12.51 and a fifty-two week high of $33.17. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 1.48 and a beta of 0.78. The firm has a 50 day moving average price of $29.98 and a 200-day moving average price of $24.55. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.65 and a current ratio of 1.65.

Hedge Funds Weigh In On Geo Group

A number of hedge funds have recently modified their holdings of GEO. BlackRock Inc. bought a new position in shares of Geo Group during the second quarter valued at about $570,744,000. Pentwater Capital Management LP purchased a new stake in shares of Geo Group during the second quarter worth about $312,698,000. Cooper Creek Partners Management LLC boosted its holdings in shares of Geo Group by 14.2% during the first quarter. Cooper Creek Partners Management LLC now owns 5,314,006 shares of the real estate investment trust’s stock worth $89,328,000 after purchasing an additional 661,281 shares during the period. Hsbc Holdings PLC bought a new stake in shares of Geo Group in the second quarter worth about $118,673,000. Finally, Assenagon Asset Management S.A. grew its stake in shares of Geo Group by 141.8% in the third quarter. Assenagon Asset Management S.A. now owns 3,895,780 shares of the real estate investment trust’s stock worth $118,704,000 after purchasing an additional 2,284,770 shares during the last quarter. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Insider Activity at Geo Group

In related news, 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 value of $224,000.00. Following the transaction, the insider directly owned 71,614 shares of the company’s stock, valued at $2,291,648. The trade was a 8.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Matthew Albence sold 11,797 shares of Geo Group stock in a transaction on Friday, September 11th. The stock was 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 in the company, valued at approximately $2,755,082.90. The trade was a 11.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 28,797 shares of company stock worth $911,916 in the last 90 days. Company insiders own 4.98% of the company’s stock.

Geo Group Company Profile

The GEO Group, Inc provides government services focused on corrections, detention and community-based supervision. Its services include operating secure facilities and processing centers, managing community reentry programs, and providing electronic monitoring and supervision technology for individuals in the community.

The company serves federal, state and local government agencies, primarily in the United States. Its work also includes related services such as secure transportation and support programs for people transitioning from incarceration back into the community.

Founded in 1984 as Wackenhut Corrections Corporation, the company adopted the GEO Group name in 2003.