Geo Group (NYSE:GEO) Issues Q2 2026 Earnings Guidance

Geo Group (NYSE:GEO - Get Free Report) updated its second quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 0.250-0.290 for the period, compared to the consensus earnings per share estimate of 0.280. The company issued revenue guidance of $715.0 million-$725.0 million, compared to the consensus revenue estimate of $727.8 million. Geo Group also updated its FY 2026 guidance to 1.150-1.250 EPS.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on GEO shares. Zacks Research raised shares of Geo Group from a "strong sell" rating to a "hold" rating in a report on Friday, January 9th. JonesTrading reduced their price objective on Geo Group from $37.00 to $33.00 and set a "buy" rating on the stock in a research note on Friday, March 20th. Wall Street Zen lowered Geo Group from a "buy" rating to a "hold" rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of Geo Group in a report on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $34.50.

Geo Group Trading Down 1.0%

Shares of GEO opened at $18.39 on Wednesday. The company's fifty day simple moving average is $16.73 and its 200-day simple moving average is $16.40. The company has a market cap of $2.44 billion, a P/E ratio of 10.10 and a beta of 0.82. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.10. Geo Group has a twelve month low of $12.51 and a twelve month high of $31.26.

Geo Group (NYSE:GEO - Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $0.10. The firm had revenue of $705.21 million during the quarter, compared to analysts' expectations of $688.89 million. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. 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, analysts expect that Geo Group will post 1.18 EPS for the current year.

Insider Activity

In other news, Director Scott Michael Kernan sold 6,633 shares of the company's stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $15.24, for a total transaction of $101,086.92. Following the transaction, the director owned 27,062 shares of the company's stock, valued at approximately $412,424.88. This represents a 19.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 4.98% of the stock is owned by company insiders.

Hedge Funds Weigh In On Geo Group

Hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. increased its stake in Geo Group by 245.1% in the second 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 during the period. NewEdge Advisors LLC boosted its stake in shares of Geo Group by 81.9% during the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust's stock valued at $54,000 after purchasing an additional 839 shares during the period. Militia Capital Partners LP grew its holdings in shares of Geo Group by 122.6% in the second quarter. Militia Capital Partners LP now owns 6,900 shares of the real estate investment trust's stock worth $165,000 after purchasing an additional 3,800 shares during the last quarter. Guggenheim Capital LLC bought a new position in shares of Geo Group in the fourth quarter worth about $174,000. Finally, Mercer Global Advisors Inc. ADV increased its stake in Geo Group by 19.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 11,656 shares of the real estate investment trust's stock worth $188,000 after buying an additional 1,882 shares during the period. Institutional investors own 76.10% of the company's stock.

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.

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