NYSE:GEO - The GEO Group Stock Price, Price Target & More

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

The GEO Group declared a quarterly dividend on Wednesday, April 11th. Investors of record on Monday, April 23rd will be given a dividend of $0.47 per share on Thursday, May 3rd. This represents a $1.88 annualized dividend and a yield of 7.24%. The ex-dividend date of this dividend is Friday, April 20th. View The GEO Group's Dividend History.

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

The GEO Group Inc (NYSE:GEO) issued its quarterly earnings data on Thursday, April, 26th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.01. The real estate investment trust had revenue of $565 million for the quarter, compared to the consensus estimate of $559.86 million. The GEO Group had a return on equity of 13.63% and a net margin of 6.18%. The GEO Group's quarterly revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.35 earnings per share. View The GEO Group's Earnings History.

The GEO Group is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for The GEO Group.

The GEO Group issued an update on its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $2.45-2.53 for the period, compared to the Thomson Reuters consensus estimate of $2.47. The company issued revenue guidance of $2.3 billion, compared to the consensus revenue estimate of $2.28 billion.The GEO Group also updated its Q2 guidance to $0.59-0.61 EPS.

3 brokerages have issued twelve-month target prices for The GEO Group's shares. Their forecasts range from $32.00 to $35.00. On average, they anticipate The GEO Group's share price to reach $34.00 in the next year. View Analyst Ratings for The GEO Group.

Some companies that are related to The GEO Group include ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Klépierre (KLPEF), HCP (HCP), Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Regency Centers (REG), UDR (UDR), Iron Mountain (IRM), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Camden Property Trust (CPT), AGNC Investment (AGNC) and Equity Lifestyle Properties (ELS).

Media coverage about GEO stock has trended somewhat positive on Thursday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. The GEO Group earned a daily sentiment score of 0.17 on Accern's scale. They also gave news headlines about the real estate investment trust an impact score of 45.51 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days.

The GEO Group's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.67%), Barrow Hanley Mewhinney & Strauss LLC (4.53%), Daiwa Securities Group Inc. (3.33%), Prudential Financial Inc. (2.92%), Northern Trust Corp (2.80%) and Russell Investments Group Ltd. (2.41%). Company insiders that own The GEO Group stock include Ann M Schlarb, Anne N Foreman, Christopher C Wheeler, 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 Barrow Hanley Mewhinney & Strauss LLC, Barings LLC, Millennium Management LLC, Eagle Asset Management Inc., Carillon Tower Advisers Inc., Daiwa Securities Group Inc., River Road Asset Management LLC and Prudential Financial Inc.. Company insiders that have sold The GEO Group company stock in the last year include Anne N Foreman, Christopher C Wheeler, John J Bulfin, Norman A Carlson, Richard H Glanton and Shayn P March. View Insider Buying and Selling for The GEO Group.

GEO stock was acquired by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, Denver Investment Advisors LLC, Alpine Woods Capital Investors LLC, Intrinsic Edge Capital Management LLC, Russell Investments Group Ltd., BlackRock Inc., Epoch Investment Partners Inc. and Ranger Global Real Estate Advisors LLC. 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 $25.95.

The GEO Group has a market capitalization of $3.09 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 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]