NYSE:GEO

The GEO Group (GEO) Stock Forecast, Price & News

$7.87

+0.31 (+4.10%)

(As of 09/27/2023 ET)

Compare

Today's Range: $7.70
▼
$8.16
50-Day Range: $6.95
▼
$7.87
52-Week Range: $6.94
▼
$12.44

Volume: 4.13 million shs
Average Volume: 2.17 million shs
Market Capitalization: $992.41 million

P/E Ratio: 8.46
Dividend Yield: N/A
Price Target: $12.50

The GEO Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 58.8% Upside
$12.50 Price Target
Short Interest: Bearish
13.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.91
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 37.50%
From $0.88 to $1.21 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.05 out of 5 stars

Business Services Sector

14th out of 313 stocks

General Building Contractors - Residential Buildings Industry

2nd out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
The GEO Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $12.50, The GEO Group has a forecasted upside of 58.8% from its current price of $7.87.
Amount of Analyst Coverage
The GEO Group has only been the subject of 1 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
13.90% of the float of The GEO Group has been sold short.
Short Interest Ratio / Days to Cover
The GEO Group has a short interest ratio ("days to cover") of 8.6.
Change versus previous month
Short interest in The GEO Group has recently decreased by 2.36%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
The GEO Group does not currently pay a dividend.
Dividend Growth
The GEO Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GEO.

3.3

News and Social Media Coverage

News Sentiment
The GEO Group has a news sentiment score of 0.91. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.72 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for The GEO Group this week, compared to 3 articles on an average week.
Search Interest
Only 17 people have searched for GEO on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.
MarketBeat Follows
6 people have added The GEO Group to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The GEO Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.30% of the stock of The GEO Group is held by insiders.
Percentage Held by Institutions
74.60% of the stock of The GEO Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

5.0

Earnings and Valuation

Earnings Growth
Earnings for The GEO Group are expected to grow by 37.50% in the coming year, from $0.88 to $1.21 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The GEO Group is 8.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.58.
Price to Earnings Ratio vs. Sector
The P/E ratio of The GEO Group is 8.46, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 41.42.
Price to Earnings Growth Ratio
The GEO Group has a PEG Ratio of 0.86. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
The GEO Group has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The GEO Group (NYSE:GEO) Stock

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO's diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO's worldwide operations include the ownership and/or delivery of support services for 102 facilities totaling approximately 82,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.

GEO Price History

30 days | 90 days | 365 days | Advanced Chart

GEO Stock News Headlines

September 28, 2023 | americanbankingnews.com

Investors Purchase High Volume of Call Options on The GEO Group (NYSE:GEO)

September 27, 2023 | finance.yahoo.com

These Under-the-Radar Stocks Beat the Market Wednesday

September 28, 2023 | Chaikin Analytics (Ad)

Buy This Stock for AI Tidal Wave (not NVDA)

The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.

September 27, 2023 | finance.yahoo.com

Unveiling The GEO Group's Value: Is It Really Priced Right? A Comprehensive Guide

September 25, 2023 | finance.yahoo.com

There's Been No Shortage Of Growth Recently For GEO Group's (NYSE:GEO) Returns On Capital

September 14, 2023 | msn.com

Unlocking Hidden Value: The GEO Group's Remarkable Transformation In A Niche Industry

August 31, 2023 | seekingalpha.com

GEO Group: While A Disappointment, Potential Catalysts Remain

August 31, 2023 | msn.com

Geo Group (GEO) Price Target Increased by 5.77% to 14.03

September 28, 2023 | Chaikin Analytics (Ad)

Buy This Stock for AI Tidal Wave (not NVDA)

The internet boom made more millionaires than any tech - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.

August 28, 2023 | finance.yahoo.com

With 78% institutional ownership, The GEO Group, Inc. (NYSE:GEO) is a favorite amongst the big guns

August 23, 2023 | msn.com

Inmate at Lawrenceville Correctional taken to the hospital after injured in ‘incident’ with another inmate

August 18, 2023 | sfgate.com

Geo Group Responds To Protest Thursday Over Ice Detention Centers

August 14, 2023 | msn.com

'Big Short' investor Michael Burry reveals bets against the S&P 500 and Nasdaq-100 — and sweeping changes to his stock portfolio

August 10, 2023 | finance.yahoo.com

GEO Group (GEO) Beats Q2 EPS Estimates, Updates 2023 Outlook

August 10, 2023 | seekingalpha.com

The GEO Group, Inc. 2023 Q2 - Results - Earnings Call Presentation

August 10, 2023 | finance.yahoo.com

Q2 2023 Geo Group Inc Earnings Call

August 9, 2023 | finance.yahoo.com

Geo Group (GEO) Q2 2023 Earnings Call Transcript

August 9, 2023 | markets.businessinsider.com

Geo Group Sees Sequentially Lower Earnings In Q3; Updates FY23 Outlook - Update

August 9, 2023 | finance.yahoo.com

The Geo Group Reports Second Quarter 2023 Results

August 1, 2023 | seekingalpha.com

Inexpensive GEO Group May Benefit From Immigration Changes

July 28, 2023 | finance.yahoo.com

SPS Commerce (SPSC) Q2 Earnings and Revenues Top Estimates

July 25, 2023 | markets.businessinsider.com

GEO Stock (NYSE:GEO): Poised For Upside from Multi-Decade Lows

July 20, 2023 | chron.com

Affidavit: GEO correctional officer involved in drunken hit-and-run crash

July 19, 2023 | msn.com

GEO Group: Solid Fundamentals And Extremely Cheap

July 19, 2023 | finance.yahoo.com

The GEO Group Announces Date for Second Quarter 2023 Earnings Release and Conference Call

July 7, 2023 | msn.com

PDP national chairmanship: Allow north-central complete tenure–Group

June 30, 2023 | msn.com

The GEO Group Stock May Have Bottomed - Buy

See More Headlines

Receive GEO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for The GEO Group and its competitors with MarketBeat's FREE daily newsletter.

GEO Company Calendar

Last Earnings: 8/09/2023
Today: 9/28/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: General building contractors - residential buildings
Sub-Industry: Specialized REITs
Sector: Business Services
Current Symbol: NYSE:GEO
CUSIP: 36159R10
CIK: 923796
Web: www.geogroup.com
Phone: (561) 893-0101
Fax: 972-581-2001
Employees: 15,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $12.50
High Stock Price Forecast: $12.50
Low Stock Price Forecast: $12.50
Forecasted Upside/Downside: +58.8%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.93
Trailing P/E Ratio: 8.46
Forward P/E Ratio: 8.94
P/E Growth: 0.86
Net Income: $171.81 million
Net Margins: 5.63%
Pretax Margin: 7.48%
Return on Equity: 11.65%
Return on Assets: 3.70%

Debt

Debt-to-Equity Ratio: 1.50
Current Ratio: 1.30
Quick Ratio: 1.30

Sales & Book Value

Annual Sales: $2.38 billion
Price / Sales: 0.42
Cash Flow: $2.64 per share
Price / Cash Flow: 2.98
Book Value: $9.38 per share
Price / Book: 0.84

Miscellaneous

Outstanding Shares: 126,100,000
Free Float: 119,420,000
Market Cap: $992.41 million
Optionable: Optionable
Beta: 0.71

Social Links

The Best High-Yield Dividend Stocks for 2023

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

Dr. George C. Zoley Ph.D. (Age 73)
Founder & Exec. Chairman
Comp: $3.25M

Mr. Jose Gordo J.D. (Age 49)
CEO & Director
Comp: $2.97M

Mr. Brian R. Evans (Age 55)
Sr. VP & CFO
Comp: $1.77M

Mr. James H. Black (Age 59)
SVP, Pres of Secure Services & Pres of U.S. Corrections, Detention and International Ops
Comp: $1.33M

Mr. Wayne H. Calabrese (Age 72)
Sr. VP & COO

Mr. Ronald A. Brack (Age 61)
Exec. VP, Chief Accounting Officer & Controller

Jose Rosario
Exec. VP, Chief Information Officer & Chief Information Security Officer

Mr. Joe Negron (Age 61)
Sr. VP, Gen. Counsel & Corp. Sec.

Daniel H. Ragsdale
Exec. VP of Contract Compliance

Mr. Christopher D. Ryan (Age 60)
Sr. VP of HR

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GEO Stock - Frequently Asked Questions

Should I buy or sell The GEO Group stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" GEO shares.
View GEO analyst ratings or view top-rated stocks.
What is The GEO Group's stock price forecast for 2023?: 1 brokers have issued twelve-month price objectives for The GEO Group's shares. Their GEO share price forecasts range from $12.50 to $12.50. On average, they anticipate the company's share price to reach $12.50 in the next year. This suggests a possible upside of 58.8% from the stock's current price.
View analysts price targets for GEO or view top-rated stocks among Wall Street analysts.
How have GEO shares performed in 2023?: The GEO Group's stock was trading at $10.95 at the start of the year. Since then, GEO shares have decreased by 28.1% and is now trading at $7.87.
View the best growth stocks for 2023 here.
Are investors shorting The GEO Group?: The GEO Group saw a decrease in short interest in August. As of August 31st, there was short interest totaling 16,970,000 shares, a decrease of 6.2% from the August 15th total of 18,100,000 shares. Based on an average daily trading volume, of 1,960,000 shares, the days-to-cover ratio is presently 8.7 days. Approximately 14.2% of the company's shares are sold short.
View The GEO Group's Short Interest.
When is The GEO Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 26th 2023.
View our GEO earnings forecast.
How were The GEO Group's earnings last quarter?: The GEO Group, Inc. (NYSE:GEO) issued its quarterly earnings results on Wednesday, August, 9th. The real estate investment trust reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.04. The real estate investment trust had revenue of $593.89 million for the quarter, compared to analysts' expectations of $588.27 million. The GEO Group had a net margin of 5.63% and a trailing twelve-month return on equity of 11.65%. During the same quarter in the previous year, the firm posted $0.69 earnings per share.
What ETFs hold The GEO Group's stock?: ETFs with the largest weight of The GEO Group (NYSE:GEO) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM).First Trust Small Cap Value AlphaDEX Fund (FYT).
What guidance has The GEO Group issued on next quarter's earnings?: The GEO Group updated its FY 2023 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $0.76-$0.89 for the period, compared to the consensus earnings per share estimate of $0.93. The company issued revenue guidance of -.

What is George C. Zoley's approval rating as The GEO Group's CEO?: 214 employees have rated The GEO Group Chief Executive Officer George C. Zoley on Glassdoor.com. George C. Zoley has an approval rating of 63% among the company's employees. This puts George C. Zoley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
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), Enterprise Products Partners (EPD), Energy Transfer (ET), CoreCivic (CXW), Iron Mountain (IRM), Altria Group (MO), AGNC Investment (AGNC), Annaly Capital Management (NLY), Verizon Communications (VZ) and AbbVie (ABBV).
What is The GEO Group's stock symbol?: The GEO Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEO."
Who are The GEO Group's major shareholders?: The GEO Group's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (15.77%), State Street Corp (3.58%), Charles Schwab Investment Management Inc. (2.31%), Geode Capital Management LLC (1.91%), Intrinsic Edge Capital Management LLC (1.87%) and Harber Asset Management LLC (1.61%). Insiders that own company stock include George C Zoley, James H Black, James H Black, Scott Michael Kernan and Shayn P March.
View institutional ownership trends.
How do I buy shares of The GEO Group?: Shares of GEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is The GEO Group's stock price today?: One share of GEO stock can currently be purchased for approximately $7.87.
How much money does The GEO Group make?: The GEO Group (NYSE:GEO) has a market capitalization of $992.41 million and generates $2.38 billion in revenue each year. The real estate investment trust earns $171.81 million in net income (profit) each year or $0.93 on an earnings per share basis.
How many employees does The GEO Group have?: The company employs 15,800 workers across the globe.
How can I contact The GEO Group?: The GEO Group's mailing address is 4955 TECHNOLOGY WAY, BOCA RATON FL, 33431. The official website for the company is www.geogroup.com. The real estate investment trust can be reached via phone at (561) 893-0101, via email at ir@geogroup.com, or via fax at 972-581-2001.

This page (NYSE:GEO) was last updated on 9/28/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial