Wedbush Has Positive Outlook of Geo Group FY2026 Earnings

Geo Group Inc (The) (NYSE:GEO - Free Report) - Analysts at Wedbush upped their FY2026 earnings per share (EPS) estimates for Geo Group in a research report issued on Tuesday, July 1st. Wedbush analyst J. Mccanless now forecasts that the real estate investment trust will earn $1.41 per share for the year, up from their previous estimate of $1.26. Wedbush has a "Outperform" rating and a $36.00 price target on the stock. The consensus estimate for Geo Group's current full-year earnings is $0.83 per share.

Geo Group (NYSE:GEO - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.18 by ($0.04). The company had revenue of $604.65 million for the quarter, compared to analysts' expectations of $611.81 million. Geo Group had a return on equity of 7.36% and a net margin of 1.19%. During the same period in the prior year, the business earned $0.14 EPS.

A number of other research firms have also issued reports on GEO. Jones Trading lowered their target price on Geo Group from $55.00 to $50.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. UBS Group set a $35.00 price objective on Geo Group in a research note on Monday, March 24th. Noble Financial restated an "outperform" rating on shares of Geo Group in a research report on Monday, March 24th. Finally, Wall Street Zen upgraded Geo Group from a "sell" rating to a "hold" rating in a research report on Friday, May 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Geo Group currently has a consensus rating of "Moderate Buy" and a consensus target price of $38.00.

Geo Group Trading Up 5.6%

Shares of GEO stock traded up $1.39 during mid-day trading on Wednesday, reaching $26.02. The company's stock had a trading volume of 1,786,290 shares, compared to its average volume of 2,919,916. The company's 50 day simple moving average is $26.57 and its 200-day simple moving average is $27.95. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.24. Geo Group has a 12-month low of $11.75 and a 12-month high of $36.46. The firm has a market capitalization of $3.68 billion, a PE ratio of 136.95, a price-to-earnings-growth ratio of 2.74 and a beta of 0.71.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Wellington Management Group LLP grew its stake in Geo Group by 312.7% during the 1st quarter. Wellington Management Group LLP now owns 2,608,619 shares of the real estate investment trust's stock valued at $76,198,000 after acquiring an additional 1,976,544 shares in the last quarter. Discovery Capital Management LLC CT boosted its holdings in shares of Geo Group by 375.2% during the fourth quarter. Discovery Capital Management LLC CT now owns 1,839,500 shares of the real estate investment trust's stock worth $51,469,000 after purchasing an additional 1,452,400 shares during the period. Point72 Asset Management L.P. grew its position in Geo Group by 202.6% during the fourth quarter. Point72 Asset Management L.P. now owns 2,124,783 shares of the real estate investment trust's stock valued at $59,451,000 after purchasing an additional 1,422,676 shares in the last quarter. Newbrook Capital Advisors LP acquired a new position in Geo Group in the 4th quarter valued at approximately $35,738,000. Finally, BlueCrest Capital Management Ltd purchased a new stake in Geo Group in the 4th quarter worth approximately $34,456,000. Hedge funds and other institutional investors own 76.10% of the company's stock.

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.