What is Wedbush's Estimate for Geo Group FY2025 Earnings?

Geo Group Inc (The) (NYSE:GEO - Free Report) - Stock analysts at Wedbush increased their FY2025 EPS estimates for Geo Group in a research note issued to investors on Friday, August 8th. Wedbush analyst J. Mccanless now anticipates that the real estate investment trust will post earnings of $1.00 per share for the year, up from their prior estimate of $0.96. 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. Wedbush also issued estimates for Geo Group's Q4 2025 earnings at $0.36 EPS.

GEO has been the subject of several other reports. Wall Street Zen raised shares of Geo Group from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Jones Trading decreased their target price on Geo Group from $50.00 to $45.00 and set a "buy" rating on the stock in a research report on Thursday, August 7th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $37.00.

Geo Group Stock Up 0.7%

Shares of GEO traded up $0.14 during mid-day trading on Monday, hitting $20.90. 362,288 shares of the company's stock were exchanged, compared to its average volume of 3,093,203. The company has a market cap of $2.96 billion, a PE ratio of 32.20, a P/E/G ratio of 2.24 and a beta of 0.75. Geo Group has a 52 week low of $11.75 and a 52 week high of $36.46. The company has a 50-day simple moving average of $24.55 and a 200 day simple moving average of $26.73. The company has a debt-to-equity ratio of 1.07, a current ratio of 0.90 and a quick ratio of 0.90.

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

Geo Group announced that its board has approved a share repurchase plan on Wednesday, August 6th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the real estate investment trust to repurchase up to 8.2% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management believes its stock is undervalued.

Hedge Funds Weigh In On Geo Group

Institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC bought a new position in shares of Geo Group in the 4th quarter worth $29,000. Twin Tree Management LP bought a new position in shares of Geo Group in the 1st quarter worth $39,000. NBC Securities Inc. bought a new position in shares of Geo Group in the 1st quarter worth $58,000. Covestor Ltd lifted its holdings in shares of Geo Group by 19.8% in the 1st quarter. Covestor Ltd now owns 2,653 shares of the real estate investment trust's stock worth $77,000 after purchasing an additional 438 shares in the last quarter. Finally, Militia Capital Partners LP bought a new position in shares of Geo Group in the 1st quarter worth $91,000. 76.10% of the stock is owned by institutional investors and hedge funds.

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.