The GEO Group’s (GEO) Outperform Rating Reiterated at Wedbush

Wedbush reiterated their outperform rating on shares of The GEO Group (NYSE:GEO) in a report published on Thursday,RTT News reports. They currently have a $36.00 price target on the real estate investment trust’s stock, down from their prior price target of $46.00. Wedbush also issued estimates for The GEO Group’s Q2 2025 earnings at $0.16 EPS and FY2025 earnings at $0.84 EPS.

Other research analysts have also issued reports about the stock. Jones Trading dropped their price objective on shares of The GEO Group from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Thursday. StockNews.com lowered The GEO Group from a “hold” rating to a “sell” rating in a research report on Thursday, May 1st. Noble Financial reissued an “outperform” rating on shares of The GEO Group in a research note on Monday, March 24th. Finally, UBS Group set a $35.00 target price on The GEO Group in a research report on Monday, March 24th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $38.00.

The GEO Group Stock Performance

NYSE GEO opened at $25.22 on Thursday. The stock has a market capitalization of $3.56 billion, a PE ratio of 86.97, a P/E/G ratio of 2.11 and a beta of 0.80. The GEO Group has a 1-year low of $11.75 and a 1-year high of $36.46. The business has a 50 day simple moving average of $28.31 and a two-hundred day simple moving average of $27.61. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.10 and a quick ratio of 1.10.

The GEO Group (NYSE:GEO) last announced its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. The business had revenue of $604.65 million during the quarter, compared to the consensus estimate of $611.81 million. During the same period in the previous year, the business posted $0.14 EPS. On average, research analysts predict that The GEO Group will post 0.83 EPS for the current fiscal year.

Insider Buying and Selling at The GEO Group

In related news, EVP Shayn P. March sold 7,500 shares of the company’s stock in a transaction on Thursday, March 27th. The stock was sold at an average price of $30.00, for a total transaction of $225,000.00. Following the completion of the sale, the executive vice president now directly owns 67,469 shares in the company, valued at $2,024,070. This represents a 10.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On The GEO Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CenterBook Partners LP bought a new stake in shares of The GEO Group in the 1st quarter valued at about $11,875,000. Highland Peak Capital LLC purchased a new stake in The GEO Group during the first quarter valued at approximately $10,650,000. Baader Bank Aktiengesellschaft acquired a new stake in The GEO Group in the first quarter valued at approximately $604,000. Federated Hermes Inc. purchased a new position in The GEO Group in the first quarter worth $647,000. Finally, AGP Franklin LLC acquired a new position in shares of The GEO Group during the first quarter worth $211,000. Hedge funds and other institutional investors own 76.10% of the company’s stock.

The GEO Group Company Profile

The GEO Group, Inc (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects.