The GEO Group - GEO Stock Forecast, Price & News

The GEO Group's stock was trading at $7.75 on January 1st, 2022. Since then, GEO stock has decreased by 4.5% and is now trading at $7.40.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Thursday, November 3rd 2022.
View our GEO earnings forecast.

The GEO Group, Inc. (NYSE:GEO) released its quarterly earnings results on Tuesday, August, 2nd. The real estate investment trust reported $0.42 earnings per share for the quarter, missing the consensus estimate of $0.57 by $0.15. The real estate investment trust had revenue of $588.20 million for the quarter, compared to analysts' expectations of $561.50 million. The GEO Group had a net margin of 3.41% and a trailing twelve-month return on equity of 17.77%. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.70 earnings per share.

The GEO Group updated its FY 2022 earnings guidance on Tuesday, September, 20th. The company provided earnings per share guidance of $2.40-$2.46 for the period. The company issued revenue guidance of $2.35 billion-$2.35 billion, compared to the consensus revenue estimate of $2.35 billion.

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.

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).

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

The GEO Group's stock is owned by a number of institutional and retail investors. Top institutional investors include FMR LLC (15.00%), State Street Corp (3.87%), JPMorgan Chase & Co. (2.51%), Intrinsic Edge Capital Management LLC (2.18%), Millennium Management LLC (1.95%) and Northern Trust Corp (1.01%). Insiders that own company stock include Anne N Foreman, Brian Evans, David J Venturella, George C Zoley, James H Black and Richard H Glanton.
View institutional ownership trends.

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.

One share of GEO stock can currently be purchased for approximately $7.40.

The GEO Group (NYSE:GEO) has a market capitalization of $918.27 million 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 $0.46 on an earnings per share basis.

The company employs 15,800 workers across the globe.

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.