NYSE:GEO

The GEO Group - GEO Stock Forecast, Price & News

$11.61

-0.11 (-0.94%)

(As of 02/3/2023 12:00 AM ET)

Add

Compare

Today's Range: $11.52
▼
$11.72
50-Day Range: $10.23
▼
$12.15
52-Week Range: $5.20
▼
$12.44

Volume: 1.01 million shs
Average Volume: 1.89 million shs
Market Capitalization: $1.44 billion

P/E Ratio: 24.19
Dividend Yield: N/A
Price Target: $14.00

Institutional Ownership

The GEO Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 20.6% Upside
$14.00 Price Target
Short Interest: Bearish
20.69% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.75
Based on 3 Articles This Week
Insider Trading: Selling Shares
$57,970 Sold Last Quarter
Proj. Earnings Growth: -5.62%
From $2.49 to $2.35 Per Share

Overall MarketRank^™

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

2.19 out of 5 stars

Finance Sector

456th out of 858 stocks

General Building Contractors - Residential Buildings Industry

2nd out of 3 stocks

2.5

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 $14.00, The GEO Group has a forecasted upside of 20.6% from its current price of $11.61.
Amount of Analyst Coverage
The GEO Group has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
20.69% 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 10.4, which indicates bearish sentiment.
Change versus previous month
Short interest in The GEO Group has recently decreased by 0.37%, 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.

3.8

News and Social Media Coverage

News Sentiment
The GEO Group has a news sentiment score of 1.75. 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 0.55 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for The GEO Group this week, compared to 2 articles on an average week.
Search Interest
Only 14 people have searched for GEO on MarketBeat in the last 30 days. This is a decrease of -18% compared to the previous 30 days.
MarketBeat Follows
13 people have added The GEO Group to their MarketBeat watchlist in the last 30 days. This is an increase of 117% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The GEO Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $57,970.00 in company stock.
Percentage Held by Insiders
Only 5.40% of the stock of The GEO Group is held by insiders.
Percentage Held by Institutions
76.58% 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for The GEO Group are expected to decrease by -5.62% in the coming year, from $2.49 to $2.35 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The GEO Group is 24.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.56.
Price to Earnings Ratio vs. Sector
The P/E ratio of The GEO Group is 24.19, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 182.47.
Price to Earnings Growth Ratio
The GEO Group has a PEG Ratio of 0.49. 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 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The GEO Group (NYSE:GEO) Stock

The GEO Group, Inc. engages in the design, financing, development, and support services for secure facilities, processing centers, and community re-entry facilities. It operates through the following segments: U.S. Secure, Electronic Monitoring and Supervision, Reentry, and International Services. The U.S. Secure Services segment encompasses the United States-based public-private partnership corrections and detention business. The Electronic Monitoring and Supervision Services segment conducts its services in the U.S. The Reentry Services Segment consists of various community-based and reentry services. The International Services segment consists of public-private partnership secure services operations in Australia and South Africa. The company was founded by George C. Zoley in 1984 and is headquartered in Boca Raton, FL.

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 Stock News Headlines

January 17, 2023 | marketbeat.com

Michael Burry is Bearish on Stocks Again and Heres Why (GEO)

Burry and other legendary investors believe the worst is coming for the stock market and more broadly the global economy, here's why.

January 14, 2023 | seekingalpha.com

Behind Bars, But Ahead On Returns? Assessing GEO Group's Prospects Into 2023

February 5, 2023 | Wall Street Watch Dogs (Ad)

A gold storm is coming…

“We are in the early stages of a mania – the calm before the storm.”...

January 13, 2023 | finance.yahoo.com

Is The Geo Group (GEO) Stock Outpacing Its Finance Peers This Year?

January 12, 2023 | forbes.com

Geo Group

January 12, 2023 | finance.yahoo.com

Geo Group (GEO) Is a Great Choice for 'Trend' Investors, Here's Why

January 10, 2023 | finance.yahoo.com

Based On Its ROE, Is The GEO Group, Inc. (NYSE:GEO) A High Quality Stock?

January 9, 2023 | benzinga.com

The GEO Group Signs Contract for Delivery of Primary Health Services in Prisons Across the State of Victoria, Australia

February 5, 2023 | Investor Place Media (Ad)

Cash Holders STILL Aren't Taking Steps to Prepare

Stocks are crashing... inflation is through the roof... multiple industries are getting hit hard... Americans are fearful of what might happen to their stock portfolios right now -- and who's to blame them? But former Wall Street money manager Louis Navellier says all it takes is being on the right side of this force driving the massive divide. Take action today and watch his exclusive presentation -- absolutely free of charge -- to see how you should be prepping for this phenomenon.

December 31, 2022 | wsj.com

GEO Group Inc.

December 28, 2022 | marketwatch.com

GEO Group Appoints Wayne Calabrese as Operating Chief

December 26, 2022 | finance.yahoo.com

Here's Why Momentum in Geo Group (GEO) Should Keep going

December 23, 2022 | stocknews.com

3 Diversified REITs to Buy Now for 2023

December 22, 2022 | seekingalpha.com

GEO Group's Debt Restructuring Makes 10% Yielding Bonds Attractive

December 20, 2022 | seekingalpha.com

GEO The GEO Group, Inc.

December 20, 2022 | msn.com

Opinion: Voters rejected anti-immigrant extremism. We’re waiting on President Biden to do the same.

December 20, 2022 | msn.com

Analyzing GEO Group's Short Interest

December 13, 2022 | finance.yahoo.com

Prison Stocks Get Out of Solitary

December 9, 2022 | apnews.com

Italy allows 2nd aid group’s migrant rescue boat to dock

December 9, 2022 | msn.com

Google is reportedly bringing the Maps and Waze teams under one roof

December 7, 2022 | finance.yahoo.com

Michael Burry sees recession looming — but that hasn’t stopped him from buying into these 2 stocks

December 2, 2022 | seekingalpha.com

The GEO Group: After 40% Performance, It's Time For An Update (Technical Analysis)

November 30, 2022 | finance.yahoo.com

Here's What Could Help Geo Group (GEO) Maintain Its Recent Price Strength

November 29, 2022 | finance.yahoo.com

Private-prison stock hits two-year high as analysts cite potential for more detention beds, detention alternatives

November 25, 2022 | finance.yahoo.com

Private Prison Company GEO Group Hits New 52-Week High

November 24, 2022 | nasdaq.com

Michael Burry Doubling Down on GEO Stock (NYSE:GEO) — Why It Matters

November 15, 2022 | finance.yahoo.com

'Big Short' fund manager Burry buys another prison stock

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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: 11/04/2021
Today: 2/05/2023
Next Earnings (Confirmed): 2/14/2023
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: Finance
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: $14.00
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $14.00
Forecasted Upside/Downside: +20.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.48
Trailing P/E Ratio: 24.19
Forward P/E Ratio: 4.66
P/E Growth: 0.49
Net Income: $77.42 million
Net Margins: 3.48%
Pretax Margin: 9.70%
Return on Equity: 16.83%
Return on Assets: 4.04%

Debt

Debt-to-Equity Ratio: 1.77
Current Ratio: 1.21
Quick Ratio: 1.21

Sales & Book Value

Annual Sales: $2.26 billion
Price / Sales: 0.64
Cash Flow: $2.46 per share
Price / Cash Flow: 4.71
Book Value: $7.96 per share
Price / Book: 1.46

Miscellaneous

Outstanding Shares: 124,150,000
Free Float: 117,446,000
Market Cap: $1.44 billion
Optionable: Optionable
Beta: 0.70

Social Links

Key Executives

Jose Gordo
Chief Executive Officer & Director

Wayne H. Calabrese
Chief Operating Officer, President-Geo Care & SVP

Brian Robert Evans
Chief Financial Officer & Senior Vice President

Jose A. Rosario
Chief Information Officer & Vice President

Ronald A. Brack
Chief Accounting Officer, EVP & Controller

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 equities research 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 equities 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 Wall Street analysts have issued twelve-month price targets for The GEO Group's shares. Their GEO share price forecasts range from $14.00 to $14.00. On average, they expect the company's stock price to reach $14.00 in the next twelve months. This suggests a possible upside of 20.6% 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 stock has increased by 6.0% and is now trading at $11.61.
View the best growth stocks for 2023 here.
When is The GEO Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our GEO earnings forecast.
How can I listen to The GEO Group's earnings call?: The GEO Group will be holding an earnings conference call on Tuesday, February 14th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1705386".
How were The GEO Group's earnings last quarter?: The GEO Group, Inc. (NYSE:GEO) announced its earnings results on Thursday, November, 4th. The real estate investment trust reported $0.36 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by $0.28. The real estate investment trust had revenue of $557.28 million for the quarter, compared to analyst estimates of $551.53 million. The GEO Group had a net margin of 3.48% and a trailing twelve-month return on equity of 16.83%. The business's revenue was down 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.67 earnings per share.
What guidance has The GEO Group issued on next quarter's earnings?: The GEO Group updated its FY 2022 earnings guidance on Thursday, December, 1st. The company provided EPS guidance of $2.47-$2.49 for the period. The company issued revenue guidance of $2.36 billion-$2.36 billion, compared to the consensus revenue estimate of $2.36 billion.

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 variety of institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (0.81%), Wolverine Asset Management LLC (0.00%), SummerHaven Investment Management LLC (0.10%), New York State Teachers Retirement System (0.09%), Yousif Capital Management LLC (0.06%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Anne N Foreman, Brian Evans, David J Venturella, George C Zoley, James H Black, Richard H Glanton 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 $11.61.
How much money does The GEO Group make?: The GEO Group (NYSE:GEO) has a market capitalization of $1.44 billion and generates $2.26 billion in revenue each year. The real estate investment trust earns $77.42 million in net income (profit) each year or $0.48 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 2/5/2023 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

The GEO Group - GEO Stock Forecast, Price & News

The GEO Group MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About The GEO Group (NYSE:GEO) Stock

GEO Stock News Headlines

GEO Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

GEO Stock - Frequently Asked Questions

Overall MarketRank^™