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. Stockholders 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 dividend yield of 11.86%. The ex-dividend date of this dividend is Thursday, October 24th. View The GEO Group's Dividend History.

The GEO Group announced that its Board of Directors has initiated a share buyback program on Thursday, February 15th 2018, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued.

The GEO Group Inc (NYSE:GEO) issued its quarterly earnings data on Tuesday, April, 30th. The real estate investment trust reported $0.34 EPS for the quarter, missing analysts' consensus estimates of $0.47 by $0.13. The real estate investment trust had revenue of $610.70 million for the quarter, compared to the consensus estimate of $601.83 million. The GEO Group had a return on equity of 17.23% and a net margin of 6.59%. The firm's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period last year, the company posted $0.57 earnings per share. 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 analysts have issued twelve-month price objectives for The GEO Group's shares. Their forecasts range from $26.00 to $26.00. On average, they expect The GEO Group's stock price to reach $26.00 in the next twelve months. This suggests a possible upside of 60.6% 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 headlines about GEO stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded 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 1.8 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View News Stories for The GEO Group.

The GEO Group saw a decrease in short interest during the month of December. As of December 31st, there was short interest totalling 3,810,000 shares, a decrease of 7.7% from the December 15th total of 4,130,000 shares. Based on an average daily trading volume, of 1,280,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 3.2% of the company's stock 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), Ryman Hospitality Properties (RHP) and Healthcare Realty Trust (HR).

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), Enterprise Products Partners (EPD), Omega Healthcare Investors (OHI), Verizon Communications (VZ), Main Street Capital (MAIN) and Iron Mountain (IRM).

The GEO Group's stock is owned by many different of retail and institutional investors. Top institutional investors include Artemis Investment Management LLP (4.16%), State of Alaska Department of Revenue (0.04%), 6 Meridian (0.03%), Nisa Investment Advisors LLC (0.02%), Eidelman Virant Capital (0.02%) and Gradient Investments LLC (0.01%). 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 and Nisa Investment Advisors LLC. 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 purchased by a variety of institutional investors in the last quarter, including 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 $16.19.

The GEO Group has a market capitalization of $1.96 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]