FY2025 EPS Estimates for Geo Group Increased by Analyst

Geo Group Inc (The) (NYSE:GEO - Free Report) - Northland Capmk raised their FY2025 EPS estimates for Geo Group in a report issued on Thursday, August 7th. Northland Capmk analyst G. Gibas now expects that the real estate investment trust will post earnings per share of $0.89 for the year, up from their prior estimate of $0.80. The consensus estimate for Geo Group's current full-year earnings is $0.83 per share. Northland Capmk also issued estimates for Geo Group's Q4 2025 earnings at $0.32 EPS.

Geo Group (NYSE:GEO - Get Free Report) last released its quarterly earnings results on Wednesday, August 6th. The real estate investment trust reported $0.22 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.06. Geo Group had a net margin of 3.69% and a return on equity of 7.26%. The business had revenue of $636.17 million for the quarter, compared to analyst estimates of $621.55 million. During the same period last year, the firm earned $0.23 earnings per share. Geo Group's revenue for the quarter was up 4.8% compared to the same quarter last year.

Several other research firms have also commented on GEO. Wall Street Zen raised shares of Geo Group from a "sell" rating to a "hold" rating in a report on Friday, May 9th. Wedbush reissued an "outperform" rating and issued a $36.00 target price on shares of Geo Group in a report on Monday, June 23rd. Finally, Jones Trading decreased their target price on shares of Geo Group from $50.00 to $45.00 and set a "buy" rating on the stock in a report on Thursday, August 7th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $37.00.

Geo Group Price Performance

GEO stock traded up $0.14 during mid-day trading on Monday, hitting $20.90. The stock had a trading volume of 362,288 shares, compared to its average volume of 3,093,203. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.07. Geo Group has a 52 week low of $11.75 and a 52 week high of $36.46. The firm has a market capitalization of $2.96 billion, a P/E ratio of 32.20, a P/E/G ratio of 2.24 and a beta of 0.75. The firm has a fifty day simple moving average of $24.55 and a 200 day simple moving average of $26.73.

Institutional Investors Weigh In On Geo Group

A number of hedge funds have recently made changes to their positions in the stock. Engineers Gate Manager LP boosted its stake in shares of Geo Group by 78.4% in the 2nd quarter. Engineers Gate Manager LP now owns 126,035 shares of the real estate investment trust's stock valued at $3,019,000 after purchasing an additional 55,394 shares in the last quarter. Boothbay Fund Management LLC boosted its stake in shares of Geo Group by 158.6% in the 2nd quarter. Boothbay Fund Management LLC now owns 592,699 shares of the real estate investment trust's stock valued at $14,195,000 after purchasing an additional 363,467 shares in the last quarter. Brevan Howard Capital Management LP boosted its stake in shares of Geo Group by 311.8% in the 2nd quarter. Brevan Howard Capital Management LP now owns 37,674 shares of the real estate investment trust's stock valued at $902,000 after purchasing an additional 28,526 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in shares of Geo Group by 3,774.9% in the 2nd quarter. Balyasny Asset Management L.P. now owns 781,573 shares of the real estate investment trust's stock valued at $18,719,000 after purchasing an additional 761,403 shares in the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of Geo Group by 4.8% in the 2nd quarter. Bank of America Corp DE now owns 203,539 shares of the real estate investment trust's stock valued at $4,875,000 after purchasing an additional 9,326 shares in the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Geo Group announced that its board has approved a stock repurchase program on Wednesday, August 6th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the real estate investment trust to purchase up to 8.2% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

About Geo Group

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.