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

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

The GEO Group declared a quarterly dividend on Monday, October 15th. Investors of record on Friday, October 26th will be paid a dividend of $0.47 per share on Friday, November 2nd. This represents a $1.88 dividend on an annualized basis and a yield of 8.48%. The ex-dividend date is Thursday, October 25th. View The GEO Group's Dividend History.

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

The GEO Group Inc (NYSE:GEO) released its earnings results on Wednesday, November, 7th. The real estate investment trust reported $0.33 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.52 by $0.19. The real estate investment trust had revenue of $583.53 million for the quarter, compared to analysts' expectations of $588.32 million. The GEO Group had a net margin of 6.43% and a return on equity of 14.63%. The business's revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.63 earnings per share. View The GEO Group's Earnings History.

The GEO Group is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for The GEO Group.

The GEO Group issued an update on its fourth quarter 2018 earnings guidance on Wednesday, November, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $587-592 million, compared to the consensus revenue estimate of $595.28 million.The GEO Group also updated its Q4 guidance to $0.65-0.67 EPS.

2 equities research analysts have issued 1-year price targets for The GEO Group's stock. Their forecasts range from $25.00 to $32.00. On average, they anticipate The GEO Group's share price to reach $28.50 in the next year. This suggests a possible upside of 28.6% 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 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for The GEO Group.

Media stories about GEO stock have trended very positive on Thursday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by reviewing 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 news sentiment score of 3.7 on InfoTrie's scale. They also gave media coverage about the real estate investment trust a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future.

Some companies that are related to The GEO Group include Gecina (GECFF), Duke Realty (DRE), Iron Mountain (IRM), AGNC Investment (AGNC), Klepierre (KLPEF), Federal Realty Investment Trust (FRT), Sun Communities (SUI), Equity Lifestyle Properties (ELS), Camden Property Trust (CPT), National Retail Properties (NNN), VICI Properties (VICI), Omega Healthcare Investors (OHI), Gaming and Leisure Properties (GLPI), SL Green Realty (SLG) and Vereit (VER).

The GEO Group's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Retirement Systems of Alabama (0.13%), Nisa Investment Advisors LLC (0.03%), State of Alaska Department of Revenue (0.03%), Louisiana State Employees Retirement System (0.03%) and Meeder Asset Management Inc. (0.01%). Company insiders that own The GEO Group stock include Anne N Foreman, Christopher C Wheeler, David J Venturella, George C Zoley, J David Donahue, John J Bulfin, Norman A Carlson, 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 Louisiana State Employees Retirement System and Nisa Investment Advisors LLC. 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.

GEO stock was purchased by a variety of institutional investors in the last quarter, including Meeder Asset Management Inc., State of Alaska Department of Revenue and Retirement Systems of Alabama. 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, Scottrade, Fidelity and Charles Schwab.

One share of GEO stock can currently be purchased for approximately $22.16.

The GEO Group has a market capitalization of $2.63 billion and generates $2.26 billion in revenue each year. The real estate investment trust earns $146.24 million in net income (profit) each year or $2.55 on an earnings per share basis. The GEO Group employs 18,512 workers across the globe.

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]