Geo Group (NYSE:GEO) Given Outperform Rating at Wedbush

Geo Group (NYSE:GEO - Get Free Report)'s stock had its "outperform" rating restated by research analysts at Wedbush in a note issued to investors on Monday, MarketBeat.com reports. They currently have a $36.00 price objective on the real estate investment trust's stock. Wedbush's price target would suggest a potential upside of 53.89% from the company's previous close. Wedbush also issued estimates for Geo Group's Q2 2025 earnings at $0.17 EPS, Q3 2025 earnings at $0.24 EPS, Q4 2025 earnings at $0.27 EPS, FY2025 earnings at $0.82 EPS and FY2026 earnings at $1.26 EPS.

Other equities analysts have also issued research reports about the company. Noble Financial reiterated an "outperform" rating on shares of Geo Group in a research note on Monday, March 24th. UBS Group set a $35.00 price objective on Geo Group in a research report on Monday, March 24th. Wall Street Zen raised shares of Geo Group from a "sell" rating to a "hold" rating in a research note on Friday, May 9th. Finally, Jones Trading decreased their target price on shares of Geo Group from $55.00 to $50.00 and set a "buy" rating for the company in a research note on Thursday, May 8th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $38.00.

Geo Group Stock Up 1.2%

NYSE:GEO traded up $0.28 during mid-day trading on Monday, reaching $23.39. The company's stock had a trading volume of 1,340,410 shares, compared to its average volume of 2,911,029. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $3.31 billion, a PE ratio of 123.13, a price-to-earnings-growth ratio of 2.60 and a beta of 0.76. The stock has a fifty day moving average of $27.22 and a 200-day moving average of $28.09. Geo Group has a 1 year low of $11.75 and a 1 year high of $36.46.

Geo Group (NYSE:GEO - Get Free Report) last announced its quarterly earnings data 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). Geo Group had a net margin of 1.19% and a return on equity of 7.36%. The company had revenue of $604.65 million for the quarter, compared to analysts' expectations of $611.81 million. During the same period last year, the firm earned $0.14 earnings per share. Equities research analysts forecast that Geo Group will post 0.83 earnings per share for the current year.

Hedge Funds Weigh In On Geo Group

A number of hedge funds have recently made changes to their positions in the company. Militia Capital Partners LP purchased a new stake in shares of Geo Group during the first quarter worth approximately $91,000. Hodges Capital Management Inc. boosted its position in Geo Group by 61.6% during the first quarter. Hodges Capital Management Inc. now owns 283,614 shares of the real estate investment trust's stock worth $8,284,000 after acquiring an additional 108,114 shares during the last quarter. Anson Funds Management LP purchased a new stake in Geo Group during the 1st quarter valued at about $1,668,000. Intech Investment Management LLC increased its holdings in shares of Geo Group by 53.9% in the first quarter. Intech Investment Management LLC now owns 127,483 shares of the real estate investment trust's stock valued at $3,724,000 after purchasing an additional 44,649 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Geo Group by 168.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 284,975 shares of the real estate investment trust's stock worth $8,324,000 after buying an additional 178,622 shares during the last quarter. Institutional investors and hedge funds 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.