NYSE:GEO - The GEO Group Stock Price, News, & Analysis

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$19.00 -0.18 (-0.94 %)
(As of 03/21/2019 02:19 AM ET)
Previous Close$19.18
Today's Range$18.77 - $19.22
52-Week Range$18.43 - $28.06
Volume3.17 million shs
Average Volume630,743 shs
Market Capitalization$2.29 billion
P/E Ratio7.69
Dividend Yield10.01%
Beta1.49
The GEO Group, Inc. (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe. GEO is the world's leading provider of diversified correctional, detention, community reentry, and electronic monitoring services to government agencies worldwide with operations in the United States, Australia, South Africa, and the United Kingdom. GEO's worldwide operations include the ownership and/or management of 135 facilities totaling approximately 96,000 beds, including projects under development, with a growing workforce of approximately 23,000 professionals.

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Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP36159R10
Phone561-893-0101

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.33 billion
Cash Flow$2.2837 per share
Book Value$8.54 per share

Profitability

Net Income$145.09 million

Miscellaneous

Employees22,000
Market Cap$2.29 billion
Next Earnings Date4/25/2019 (Estimated)
OptionableOptionable

The GEO Group (NYSE:GEO) Frequently Asked Questions

What is The GEO Group's stock symbol?

The GEO Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEO."

How often does The GEO Group pay dividends? What is the dividend yield for The GEO Group?

The GEO Group announced a quarterly dividend on Monday, February 4th. Shareholders of record on Friday, February 15th will be given a dividend of $0.48 per share on Friday, February 22nd. This represents a $1.92 dividend on an annualized basis and a yield of 10.11%. The ex-dividend date of this dividend is Thursday, February 14th. This is a positive change from The GEO Group's previous quarterly dividend of $0.47. View The GEO Group's Dividend History.

How will The GEO Group's stock buyback program work?

The GEO Group announced that its board has initiated a share buyback plan on Thursday, February 15th 2018, which permits the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to reacquire shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

How were The GEO Group's earnings last quarter?

The GEO Group Inc (NYSE:GEO) announced its earnings results on Thursday, February, 14th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.24. The real estate investment trust had revenue of $599.43 million for the quarter, compared to the consensus estimate of $588.94 million. The GEO Group had a net margin of 6.22% and a return on equity of 13.94%. The firm's revenue for the quarter was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.38 EPS. View The GEO Group's Earnings History.

When is The GEO Group's next earnings date?

The GEO Group is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for The GEO Group.

What guidance has The GEO Group issued on next quarter's earnings?

The GEO Group updated its FY19 earnings guidance on Thursday, February, 14th. The company provided earnings per share guidance of $2.50-2.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.08. The company issued revenue guidance of ~$2.4 billion, compared to the consensus revenue estimate of $2.40 billion.The GEO Group also updated its Q1 guidance to $0.59-0.61 EPS.

What price target have analysts set for GEO?

2 brokerages have issued 1 year target prices for The GEO Group's shares. Their forecasts range from $25.00 to $26.00. On average, they expect The GEO Group's stock price to reach $25.50 in the next year. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets for The GEO Group.

What is the consensus analysts' recommendation for The GEO Group?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for The GEO Group.

Has The GEO Group been receiving favorable news coverage?

Media headlines about GEO stock have trended somewhat negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. The GEO Group earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of The GEO Group's key competitors?

What other stocks do shareholders of The GEO Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The GEO Group investors own include AT&T (T), Altria Group (MO), Omega Healthcare Investors (OHI), Corecivic (CXW), WP Carey (WPC), Realty Income (O), Verizon Communications (VZ), General Electric (GE), Gladstone Capital (GLAD) and The Coca-Cola (KO).

Who are The GEO Group's key executives?

The GEO Group's management team includes the folowing people:
  • Mr. George C. Zoley Ph.D., Founder, Chairman & CEO (Age 69)
  • Mr. Brian R. Evans, Sr. VP & CFO (Age 51)
  • Mr. J. David Donahue, Sr. VP, Pres of U.S. Corrections & Detention and International Operations (Age 59)
  • Mr. Thomas M. Wierdsma, Consultant (Age 68)
  • Mr. Ronald A. Brack, VP, Chief Accounting Officer & Controller (Age 57)

Who are The GEO Group's major shareholders?

The GEO Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (11.99%), Barrow Hanley Mewhinney & Strauss LLC (6.54%), Prudential Financial Inc. (2.98%), Northern Trust Corp (2.72%), Bank of New York Mellon Corp (2.57%) and Epoch Investment Partners Inc. (1.29%). Company insiders that own The GEO Group stock include Anne N Foreman, Christopher C Wheeler, David J Venturella, George C Zoley, John J Bulfin, Norman A Carlson, Richard H Glanton and Shayn P March. View Institutional Ownership Trends for The GEO Group.

Which major investors are selling The GEO Group stock?

GEO stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Barrow Hanley Mewhinney & Strauss LLC, Two Sigma Investments LP, Eagle Asset Management Inc., D. E. Shaw & Co. Inc., River Road Asset Management LLC, Epoch Investment Partners Inc. and Comerica Bank. Company insiders that have sold The GEO Group company stock in the last year include Anne N Foreman, Christopher C Wheeler, David J Venturella, John J Bulfin, Richard H Glanton and Shayn P March. View Insider Buying and Selling for The GEO Group.

Which major investors are buying The GEO Group stock?

GEO stock was bought by a variety of institutional investors in the last quarter, including American Century Companies Inc., Oregon Public Employees Retirement Fund, WINTON GROUP Ltd, Deprince Race & Zollo Inc., First Trust Advisors LP, APG Asset Management N.V., Standard Life Aberdeen plc and Geode Capital Management LLC. View Insider Buying and Selling for The GEO Group.

How do I buy shares of The GEO Group?

Shares of GEO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is The GEO Group's stock price today?

One share of GEO stock can currently be purchased for approximately $19.00.

How big of a company is The GEO Group?

The GEO Group has a market capitalization of $2.29 billion and generates $2.33 billion in revenue each year. The real estate investment trust earns $145.09 million in net income (profit) each year or $2.47 on an earnings per share basis. The GEO Group employs 22,000 workers across the globe.

What is The GEO Group's official website?

The official website for The GEO Group is http://www.geogroup.com.

How can I contact The GEO Group?

The GEO Group's mailing address is ONE PARK PLACE 621 NORTHWEST 53RD STREET SUITE 700, BOCA RATON FL, 33487. The real estate investment trust can be reached via phone at 561-893-0101 or via email at [email protected]


MarketBeat Community Rating for The GEO Group (NYSE GEO)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  387 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  645
MarketBeat's community ratings are surveys of what our community members think about The GEO Group and other stocks. Vote "Outperform" if you believe GEO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GEO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/21/2019 by MarketBeat.com Staff

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