NYSE:GEO

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

$8.50

+0.32 (+3.91%)

(As of 10:34 AM ET)

Compare

Today's Range: $8.40
▼
$8.87
50-Day Range: $6.95
▼
$8.18
52-Week Range: $6.94
▼
$12.44

Volume: 1.81 million shs
Average Volume: 2.18 million shs
Market Capitalization: $1.07 billion

P/E Ratio: 9.14
Dividend Yield: N/A
Price Target: $12.50

The GEO Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 52.8% Upside
$12.50 Price Target
Short Interest: Bearish
13.90% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.59
Based on 9 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.

2.91 out of 5 stars

Business Services Sector

17th out of 320 stocks

General Building Contractors - Residential Buildings Industry

2nd out of 4 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 52.8% from its current price of $8.18.
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.

2.0

News and Social Media Coverage

News Sentiment
The GEO Group has a news sentiment score of 0.59. 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 news sentiment score is similar to the average news sentiment of Business Services companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for The GEO Group this week, compared to 3 articles on an average week.
Search Interest
Only 18 people have searched for GEO on MarketBeat in the last 30 days. This is a decrease of -5% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added The GEO Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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 8.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 107.67.
Price to Earnings Ratio vs. Sector
The P/E ratio of The GEO Group is 8.80, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 29.24.
Price to Earnings Growth Ratio
The GEO Group has a PEG Ratio of 0.93. 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 0.87. 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

October 1, 2023 | americanbankingnews.com

The GEO Group (NYSE:GEO) Trading Up 5.4%

September 29, 2023 | cnbc.com

‘AI is transformative for the geopolitical order,’ political scientist Ian Bremmer says

October 2, 2023 | Wall Street Fundamentals (Ad)

How is This "Hidden Gem" Thriving in a Turbulent Market?

While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.

September 28, 2023 | finance.yahoo.com

The GEO Group Publishes Fifth Annual Human Rights and ESG Report

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 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

October 2, 2023 | Wall Street Fundamentals (Ad)

How is This "Hidden Gem" Thriving in a Turbulent Market?

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

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

See More Headlines

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GEO Company Calendar

Last Earnings: 8/09/2023
Today: 10/02/2023
Next Earnings (Estimated): 10/26/2023
Fiscal Year End: 12/31/2023

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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: +52.8%
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: 8.80
Forward P/E Ratio: 9.30
P/E Growth: 0.93
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: 0.43
Cash Flow: $2.52 per share
Price / Cash Flow: 3.24
Book Value: $9.38 per share
Price / Book: 0.87

Miscellaneous

Outstanding Shares: 126,100,000
Free Float: 119,420,000
Market Cap: $1.03 billion
Optionable: Optionable
Beta: 0.65

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12 Stocks Corporate Insiders are Abandoning

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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 research analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research 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 target prices for The GEO Group's stock. Their GEO share price forecasts range from $12.50 to $12.50. On average, they expect the company's stock price to reach $12.50 in the next year. This suggests a possible upside of 52.8% 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 on January 1st, 2023. Since then, GEO shares have decreased by 25.3% and is now trading at $8.18.
View the best growth stocks for 2023 here.
Are investors shorting The GEO Group?: The GEO Group saw a drop in short interest in the month of August. As of August 31st, there was short interest totaling 16,970,000 shares, a drop of 6.2% from the August 15th total of 18,100,000 shares. Based on an average daily volume of 1,960,000 shares, the days-to-cover ratio is presently 8.7 days. Currently, 14.2% of the shares of the company 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 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 earned $593.89 million during the quarter, compared to analysts' expectations of $588.27 million. The GEO Group had a trailing twelve-month return on equity of 11.65% and a net margin of 5.63%. During the same period in the previous year, the business posted $0.69 EPS.
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 EPS guidance of $0.76-$0.89 for the period, compared to the consensus 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."
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 $8.18.
How much money does The GEO Group make?: The GEO Group (NYSE:GEO) has a market capitalization of $1.03 billion 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 10/2/2023 by MarketBeat.com Staff

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