NYSE:GEO - The GEO Group Stock Price, Forecast & News

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

The GEO Group announced a quarterly dividend on Monday, October 14th. Investors of record on Friday, October 25th will be given a dividend of $0.48 per share on Friday, November 1st. This represents a $1.92 dividend on an annualized basis and a yield of 11.55%. The ex-dividend date is Thursday, October 24th. View The GEO Group's Dividend History.

The GEO Group announced that its Board of Directors has approved a stock repurchase program on Thursday, February 15th 2018, which permits the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy shares of its stock through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

The GEO Group Inc (NYSE:GEO) posted its quarterly earnings results on Tuesday, April, 30th. The real estate investment trust reported $0.34 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.13. The real estate investment trust earned $610.70 million during the quarter, compared to analysts' expectations of $601.83 million. The GEO Group had a net margin of 6.59% and a return on equity of 17.23%. The firm's quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.57 EPS. View The GEO Group's Earnings History.

The GEO Group is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for The GEO Group.

The GEO Group updated its Q earnings guidance on Tuesday, November, 5th. The company provided EPS guidance of $0.66-0.68 for the period. The company issued revenue guidance of $629-634 million.

2 brokers have issued twelve-month target prices for The GEO Group's stock. Their forecasts range from $26.00 to $26.00. On average, they anticipate The GEO Group's share price to reach $26.00 in the next year. This suggests a possible upside of 56.3% from the stock's current price. View Analyst Price Targets for The GEO Group.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for The GEO Group.

News stories about GEO stock have been trending very negative this week, according to InfoTrie Sentiment. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. The GEO Group earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave press coverage about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next few days. View News Stories for The GEO Group.

The GEO Group saw a drop in short interest in December. As of December 31st, there was short interest totalling 3,810,000 shares, a drop of 7.7% from the December 15th total of 4,130,000 shares. Based on an average trading volume of 1,280,000 shares, the short-interest ratio is currently 3.0 days. Approximately 3.2% of the shares of the company are short sold. View The GEO Group's Current Options Chain.

Some companies that are related to The GEO Group include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Host Hotels and Resorts (HST), Medical Properties Trust (MPW), Omega Healthcare Investors (OHI), CubeSmart (CUBE), EPR Properties (EPR), Life Storage (LSI), Healthcare Realty Trust (HR) and Ryman Hospitality Properties (RHP).

Based on aggregate information from My MarketBeat watchlists, some companies that other The GEO Group investors own include AT&T (T), Corecivic (CXW), Altria Group (MO), Occidental Petroleum (OXY), Energy Transfer LP Unit (ET), Verizon Communications (VZ), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Main Street Capital (MAIN) and Iron Mountain (IRM).

The GEO Group's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Artemis Investment Management LLP (4.16%), New York State Teachers Retirement System (0.12%), Arizona State Retirement System (0.06%), Dupont Capital Management Corp (0.05%), State of Alaska Department of Revenue (0.04%) and 6 Meridian (0.03%). Company insiders that own The GEO Group stock include Anne N Foreman, Brian Evans, Christopher C Wheeler, David J Venturella, George C Zoley, John J Bulfin, Richard H Glanton and Shayn P March. View Institutional Ownership Trends for The GEO Group.

GEO stock was sold by a variety of institutional investors in the last quarter, including Artemis Investment Management LLP, Nisa Investment Advisors LLC, Arizona State Retirement System and New York State Teachers Retirement System. Company insiders that have sold The GEO Group company stock in the last year include Anne N Foreman, Brian Evans and Richard H Glanton. View Insider Buying and Selling for The GEO Group.

GEO stock was bought by a variety of institutional investors in the last quarter, including Dupont Capital Management Corp, State of Alaska Department of Revenue, Eidelman Virant Capital, Gradient Investments LLC and 6 Meridian. View Insider Buying and Selling for The GEO Group.

Shares of GEO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GEO stock can currently be purchased for approximately $16.63.

The GEO Group has a market capitalization of $2.02 billion and generates $2.33 billion in revenue each year. The real estate investment trust earns $145.09 million in net income (profit) each year or $2.47 on an earnings per share basis. The GEO Group employs 22,000 workers across the globe.View Additional Information About The GEO Group.

The official website for The GEO Group is http://www.geogroup.com/.

The GEO Group's mailing address is ONE PARK PLACE 621 NORTHWEST 53RD STREET SUITE 700, BOCA RATON FL, 33487. The real estate investment trust can be reached via phone at 561-893-0101 or via email at [email protected]