1,611,010 Shares in Geo Group Inc (The) $GEO Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. acquired a new stake in Geo Group Inc (The) (NYSE:GEO - Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 1,611,010 shares of the real estate investment trust's stock, valued at approximately $47,605,000. Assenagon Asset Management S.A. owned about 1.21% of Geo Group as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Covestor Ltd grew its position in Geo Group by 16.6% in the fourth quarter. Covestor Ltd now owns 4,533 shares of the real estate investment trust's stock valued at $73,000 after purchasing an additional 646 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Geo Group by 22.7% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,866 shares of the real estate investment trust's stock worth $65,000 after purchasing an additional 715 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of Geo Group by 2.4% during the 1st quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust's stock worth $512,000 after purchasing an additional 727 shares in the last quarter. ProShare Advisors LLC raised its stake in shares of Geo Group by 3.0% during the 4th quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust's stock worth $424,000 after purchasing an additional 772 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Geo Group by 245.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust's stock worth $26,000 after purchasing an additional 782 shares in the last quarter. Institutional investors own 76.10% of the company's stock.

Geo Group News Summary

Here are the key news stories impacting Geo Group this week:

• Positive Sentiment: Second-quarter results beat expectations: GEO reported adjusted earnings of $0.37 per share, above the $0.28–$0.29 consensus range, while revenue rose 15.1% year over year to approximately $732.1 million, exceeding estimates. GEO Group Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: 2026 outlook was raised above analyst expectations: GEO now expects full-year EPS of $1.27–$1.32, compared with consensus of $1.22, and revenue of $3.0 billion–$3.1 billion. Management also projects third-quarter EPS of $0.35–$0.37, above the $0.30 consensus estimate. The GEO Group Reports Second Quarter Results and Updates Full Year 2026 Guidance
• Positive Sentiment: ICE expansion and analyst support are strengthening the growth narrative: GEO is targeting additional ICE facility activations by the end of 2026 and outlined expected 2026 net income of $168 million–$175 million. JonesTrading raised its price target from $33 to $40 and maintained a Buy rating, implying further upside from the referenced price. GEO Outlines 2026 Net Income Guidance
• Neutral Sentiment: Momentum screens highlight continued price strength: Recent performance has substantially outpaced the stock’s longer-term moving average, although such technical signals do not necessarily indicate that the gains will continue. GEO Group Price Strength Analysis
• Negative Sentiment: Some quarterly guidance was weaker: Fourth-quarter EPS guidance of $0.28–$0.31 was below the $0.33 consensus estimate, creating a modest counterpoint to the otherwise favorable outlook. GEO is also facing questions from lawmakers regarding alleged violations at its Moshannon Valley facility, which could present reputational or regulatory risk. Questions Regarding Moshannon Valley Processing Center

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. JonesTrading raised their target price on shares of Geo Group from $33.00 to $40.00 and gave the company a "buy" rating in a research note on Thursday. Wall Street Zen cut shares of Geo Group from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Northland Securities upped their target price on shares of Geo Group from $30.00 to $40.00 and gave the company an "outperform" rating in a report on Friday, June 26th. Zacks Research upgraded shares of Geo Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, July 20th. Finally, Weiss Ratings upgraded Geo Group from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Geo Group currently has a consensus rating of "Buy" and an average price target of $40.00.

Geo Group Trading Up 2.0%

Shares of GEO stock opened at $30.73 on Friday. The firm has a 50 day moving average price of $29.27 and a two-hundred day moving average price of $21.72. The company has a quick ratio of 1.75, a current ratio of 1.65 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $4.11 billion, a PE ratio of 14.50, a price-to-earnings-growth ratio of 1.69 and a beta of 0.79. Geo Group Inc has a 12-month low of $12.51 and a 12-month high of $32.25.

Geo Group (NYSE:GEO - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.08. The firm had revenue of $732.07 million for the quarter, compared to analysts' expectations of $721.43 million. Geo Group had a return on equity of 10.42% and a net margin of 10.31%.The company's quarterly revenue was up 15.1% compared to the same quarter last year. During the same quarter last year, the business earned $0.22 EPS. As a group, analysts predict that Geo Group Inc will post 1.3 earnings per share for the current year.

Geo Group Company Profile

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.

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