JonesTrading Issues Positive Forecast for Geo Group (NYSE:GEO) Stock Price

Key Points

• JonesTrading raised GEO’s price target to $40 from $33 and maintained a “buy” rating, implying 31.89% upside from the reported $30.33 share price. Analysts’ consensus rating is “Buy,” with an average target of $40.
• GEO’s latest quarter exceeded expectations, with EPS of $0.37 versus the $0.29 consensus and revenue of $732.1 million, up 15.1% year over year.
• Despite strong earnings and institutional ownership of 76.1%, GEO faces risks from weaker near-term fourth-quarter guidance and alleged violations at its Moshannon Valley facility, which could create regulatory and reputational challenges.

Geo Group (NYSE:GEO - Get Free Report) had its price target increased by JonesTrading from $33.00 to $40.00 in a report released on Thursday,Benzinga reports. The firm presently has a "buy" rating on the real estate investment trust's stock. JonesTrading's price objective would indicate a potential upside of 31.89% from the company's current price.

GEO has been the topic of several other reports. Zacks Research upgraded shares of Geo Group from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Wall Street Zen cut Geo Group from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Northland Securities increased their price objective on Geo Group from $30.00 to $40.00 and gave the stock an "outperform" rating in a research report on Friday, June 26th. Finally, Weiss Ratings raised Geo Group from a "hold (c)" rating to a "hold (c+)" rating in a research note 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 issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $40.00.

Geo Group Price Performance

GEO traded down $1.09 during trading on Thursday, reaching $30.33. The company's stock had a trading volume of 2,829,337 shares, compared to its average volume of 2,115,555. Geo Group has a 1 year low of $12.51 and a 1 year high of $32.25. The company has a market cap of $4.05 billion, a price-to-earnings ratio of 15.40, a PEG ratio of 1.86 and a beta of 0.79. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06. The firm has a fifty day simple moving average of $28.96 and a two-hundred day simple moving average of $21.56.

Geo Group (NYSE:GEO - Get Free Report) last issued its earnings results on Thursday, August 6th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.08. The company had revenue of $732.07 million during the quarter, compared to analysts' expectations of $721.43 million. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The firm's quarterly revenue was up 15.1% on a year-over-year basis. During the same period in the prior year, the business earned $0.22 EPS. As a group, analysts anticipate that Geo Group will post 1.2 EPS for the current year.

Institutional Investors Weigh In On Geo Group

A number of large investors have recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its position 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 during the last quarter. Bessemer Group Inc. increased its stake in Geo Group by 111.9% in the first quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust's stock valued at $29,000 after purchasing an additional 910 shares during the last quarter. IFP Advisors Inc purchased a new position in shares of Geo Group in the 4th quarter valued at $30,000. NewEdge Advisors LLC boosted its stake in Geo Group by 81.9% in the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust's stock valued at $54,000 after acquiring an additional 839 shares in the last quarter. Finally, Bayforest Capital Ltd acquired a new position in Geo Group in the fourth quarter valued at $37,000. 76.10% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Geo Group

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

• Positive Sentiment: GEO reported second-quarter 2026 adjusted earnings of $0.37 per share, ahead of the approximately $0.28–$0.29 analyst consensus, while revenue of $732.1 million exceeded expectations and increased 15.1% year over year. Geo Group Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management raised full-year 2026 EPS guidance to $1.27–$1.32, above the $1.22 consensus, and expects full-year revenue of $3.0–$3.1 billion. Third-quarter EPS guidance of $0.35–$0.37 also exceeds expectations. The GEO Group Reports Second Quarter Results and Updates Full Year 2026 Guidance
• Positive Sentiment: GEO is posting job openings as ICE prepares to open a new Colorado detention facility, suggesting potential additional demand for the company’s contracted detention services. GEO Group Posts Jobs for New Colorado Facility
• Neutral Sentiment: A sector-performance comparison highlights GEO’s year-to-date results against other business-services companies, but does not introduce a new fundamental catalyst. GEO Group Sector Performance Comparison
• Negative Sentiment: Fourth-quarter EPS guidance of $0.28–$0.31 is below the $0.33 consensus, while the midpoint of third-quarter revenue guidance is below expectations. This weaker near-term outlook may be overshadowing the quarterly earnings beat and full-year EPS raise.
• Negative Sentiment: Lawmakers have asked ICE and GEO to respond to alleged violations at the Moshannon Valley Processing Center, creating potential regulatory, reputational, and contract risks. Questions Regarding Alleged Moshannon Valley Violations

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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