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The gold catalyst we've waited for (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
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A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
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Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
The gold catalyst we've waited for (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
S&P 500   4,274.51
DOW   33,550.27
QQQ   355.04
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A Bio-Tech Stock That Has Been Growing Like Crazy! (Ad)
Pain for Gain: 2 Stocks Whose CEOs Left Without a Clue
3 Household Names With RSIs That Scream Oversold
This Stock Could Go Up 66% or More. (Ad)
The Odds Are High Costco Will Declare a Special Dividend Soon 
Stock market today: Asian shares fall over China worries, Seoul trading closed for a holiday
The gold catalyst we've waited for (Ad)
This Little Known Automaker May Save Your Life and Your Portfolio
How You Can Reverse Engineer Michael Burry's Latest Buy
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
0.91mentions of The GEO Group in the last 14 days
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


GEO stock logo

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

GEO Stock News Headlines

These Under-the-Radar Stocks Beat the Market Wednesday
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.
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.
Q2 2023 Geo Group Inc Earnings Call
Geo Group (GEO) Q2 2023 Earnings Call Transcript
The Geo Group Reports Second Quarter 2023 Results
GEO Stock (NYSE:GEO): Poised For Upside from Multi-Decade Lows
See More Headlines
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GEO Company Calendar

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

Industry, Sector and Symbol

Industry
General building contractors - residential buildings
Sub-Industry
Specialized REITs
CUSIP
36159R10
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

Net Income
$171.81 million
Pretax Margin
7.48%

Debt

Sales & Book Value

Annual Sales
$2.38 billion
Cash Flow
$2.64 per share
Book Value
$9.38 per share

Miscellaneous

Free Float
119,420,000
Market Cap
$992.41 million
Optionable
Optionable
Beta
0.71

Social Links

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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













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

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