The GEO Group, Inc. (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe. GEO is the world's leading provider of diversified correctional, detention, community reentry, and electronic monitoring services to government agencies worldwide with operations in the United States, Australia, South Africa, and the United Kingdom. GEO's worldwide operations include the ownership and/or management of 135 facilities totaling approximately 96,000 beds, including projects under development, with a growing workforce of approximately 23,000 professionals.
Industry, Sector and Symbol
Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
Phone561-893-0101
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$2.33 billion
Profitability
Miscellaneous
Employees22,000
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable
The GEO Group (NYSE:GEO) Frequently Asked Questions
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 often does The GEO Group pay dividends? What is the dividend yield for The GEO Group?
The GEO Group declared a quarterly dividend on Thursday, April 4th. Shareholders of record on Monday, April 15th will be paid a dividend of $0.48 per share on Monday, April 22nd. This represents a $1.92 dividend on an annualized basis and a yield of 10.11%. The ex-dividend date of this dividend is Friday, April 12th. View The GEO Group's Dividend History.
How will The GEO Group's stock buyback program work?
The GEO Group declared that its board has initiated a stock repurchase plan on Thursday, February 15th 2018, which authorizes the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.
How were The GEO Group's earnings last quarter?
The GEO Group Inc (NYSE:GEO) released its quarterly earnings results on Thursday, February, 14th. The real estate investment trust reported $0.28 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.24. The real estate investment trust earned $599.43 million during the quarter, compared to the consensus estimate of $588.94 million. The GEO Group had a return on equity of 13.94% and a net margin of 6.22%. The GEO Group's revenue for the quarter was up 5.4% compared to the same quarter last year. During the same quarter last year, the firm posted $0.38 EPS. View The GEO Group's Earnings History.
When is The GEO Group's next earnings date?
What guidance has The GEO Group issued on next quarter's earnings?
The GEO Group issued an update on its FY19 earnings guidance on Thursday, February, 14th. The company provided EPS guidance of $2.50-2.60 for the period, compared to the Thomson Reuters consensus estimate of $2.08. The company issued revenue guidance of ~$2.4 billion, compared to the consensus revenue estimate of $2.40 billion.The GEO Group also updated its Q1 guidance to $0.59-0.61 EPS.
What price target have analysts set for GEO?
2 Wall Street analysts have issued twelve-month price targets for The GEO Group's shares. Their forecasts range from $25.00 to $26.00. On average, they anticipate The GEO Group's share price to reach $25.50 in the next twelve months. This suggests a possible upside of 34.2% from the stock's current price. View Analyst Price Targets for The GEO Group.
What is the consensus analysts' recommendation 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.
Has The GEO Group been receiving favorable news coverage?
Media headlines about GEO stock have trended somewhat positive on Monday, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. The GEO Group earned a media sentiment score of 1.7 on InfoTrie's scale. They also assigned news headlines about the real estate investment trust a news buzz of 2.0 out of 10, indicating that recent press coverage is very unlikely to have an impact on the stock's share price in the near future.
Who are some of The GEO Group's key competitors?
Some companies that are related to The GEO Group include VICI Properties (VICI), Gaming and Leisure Properties (GLPI), National Retail Properties (NNN), Lamar Advertising (LAMR), Vereit (VER), Kilroy Realty (KRC), SL Green Realty (SLG), Kimco Realty (KIM), Omega Healthcare Investors (OHI), Liberty Property Trust (LPT), Apartment Investment and Management (AIV), Douglas Emmett (DEI), New Residential Investment (NRZ), American Homes 4 Rent (AMH) and Store Capital (STOR).
What other stocks do shareholders of The GEO Group own?
Who are The GEO Group's key executives?
The GEO Group's management team includes the folowing people:
- Mr. George C. Zoley Ph.D., Founder, Chairman & CEO (Age 69)
- Mr. Brian R. Evans, Sr. VP & CFO (Age 51)
- Mr. J. David Donahue, Sr. VP, Pres of U.S. Corrections & Detention and International Operations (Age 59)
- Mr. Thomas M. Wierdsma, Consultant (Age 68)
- Mr. Ronald A. Brack, Exec. VP, Chief Accounting Officer & Controller (Age 57)
Who are The GEO Group's major shareholders?
The GEO Group's stock is owned by a number of of retail and institutional investors. Top institutional investors include Deprince Race & Zollo Inc. (0.76%), Hodges Capital Management Inc. (0.19%), Foundry Partners LLC (0.17%), Strs Ohio (0.16%), Retirement Systems of Alabama (0.13%) and Nisa Investment Advisors LLC (0.06%). Company insiders that own The GEO Group stock include Anne N Foreman, Christopher C Wheeler, David J Venturella, George C Zoley, John J Bulfin, Norman A Carlson, Richard H Glanton and Shayn P March. View Institutional Ownership Trends for The GEO Group.
Which institutional investors are selling The GEO Group stock?
GEO stock was sold by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., Strs Ohio, Hodges Capital Management Inc. and Retirement Systems of Alabama. Company insiders that have sold The GEO Group company stock in the last year include Anne N Foreman, Christopher C Wheeler, David J Venturella, John J Bulfin, Richard H Glanton and Shayn P March. View Insider Buying and Selling for The GEO Group.
Which institutional investors are buying The GEO Group stock?
GEO stock was purchased by a variety of institutional investors in the last quarter, including Foundry Partners LLC, Nisa Investment Advisors LLC, 6 Meridian, Mercer Global Advisors Inc. ADV and First Citizens Bank & Trust Co.. View Insider Buying and Selling for The GEO Group.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is The GEO Group's stock price today?
One share of GEO stock can currently be purchased for approximately $19.00.
How big of a company is The GEO Group?
The GEO Group has a market capitalization of $2.29 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.
What is The GEO Group's official website?
How can I contact The GEO Group?
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]
MarketBeat Community Rating for The GEO Group (NYSE GEO)
MarketBeat's community ratings are surveys of what our community members think about The GEO Group and other stocks. Vote "Outperform" if you believe GEO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GEO will underperform the S&P 500 over the long term. You may vote once every thirty days.
