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

Sign in or create an account to add this stock to your watchlist.
$21.79 +0.37 (+1.73 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$21.42
Today's Range$21.25 - $21.85
52-Week Range$18.18 - $28.06
Volume537,632 shs
Average Volume639,090 shs
Market Capitalization$2.64 billion
P/E Ratio8.82
Dividend Yield8.96%
Beta1.47
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.

Receive GEO News and Ratings via Email

Sign-up to receive the latest news and ratings for GEO and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustrySpecialized REITs
SectorFinance
CUSIP36159R10
Phone561-893-0101

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.33 billion
Cash Flow$2.3430 per share
Book Value$8.47 per share

Profitability

Net Income$145.09 million

Miscellaneous

Employees22,000
Market Cap$2.64 billion
Next Earnings Date8/1/2019 (Estimated)
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 given 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 8.81%. 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 announced that its board has approved a stock buyback plan on Thursday, February 15th 2018, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

How were The GEO Group's earnings last quarter?

The GEO Group Inc (NYSE:GEO) announced its quarterly earnings results on Tuesday, April, 30th. The real estate investment trust reported $0.34 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.47 by $0.13. The real estate investment trust earned $610.70 million during the quarter, compared to analyst estimates of $601.83 million. The GEO Group had a net margin of 6.34% and a return on equity of 14.82%. The firm's quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.57 EPS. View The GEO Group's Earnings History.

When is The GEO Group's next earnings date?

The GEO Group is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for The GEO Group.

What guidance has The GEO Group issued on next quarter's earnings?

The GEO Group issued an update on its FY19 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of $2.64-2.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.56. The company issued revenue guidance of ~$2.47 billion, compared to the consensus revenue estimate of $2.42 billion.The GEO Group also updated its Q2 guidance to $0.65-0.67 EPS.

What price target have analysts set for GEO?

2 analysts have issued 12 month target prices for The GEO Group's stock. Their predictions range from $25.00 to $26.00. On average, they anticipate The GEO Group's stock price to reach $25.50 in the next year. This suggests a possible upside of 17.0% 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?

Press coverage about GEO stock has trended somewhat negative recently, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. The GEO Group earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave news articles about the real estate investment trust a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of The GEO Group's key competitors?

What other stocks do shareholders of The GEO Group own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The GEO Group investors own include AT&T (T), Corecivic (CXW), WP Carey (WPC), Altria Group (MO), Omega Healthcare Investors (OHI), Occidental Petroleum (OXY), Ares Capital (ARCC), Iron Mountain (IRM), Kinder Morgan (KMI) and Verizon Communications (VZ).

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 and Pres of U.S. Corrections, Detention & International Operations (Age 59)
  • Dr. Ann M. Schlarb Ph.D., Sr. VP & Pres of GEO Care (Age 54)
  • 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 many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.97%), Hotchkis & Wiley Capital Management LLC (4.10%), Hotchkis & Wiley Capital Management LLC (4.10%), JPMorgan Chase & Co. (2.73%), Northern Trust Corp (2.69%) and Geode Capital Management LLC (1.23%). 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 Raymond James & Associates, Deprince Race & Zollo Inc., Eagle Asset Management Inc., Carillon Tower Advisers Inc., Capital Advisors Inc. OK, JPMorgan Chase & Co., Morgan Stanley and BlackRock Inc.. Company insiders that have sold The GEO Group company stock in the last year include Anne N Foreman, Christopher C Wheeler, David J Venturella, 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 acquired by a variety of institutional investors in the last quarter, including Ranger Global Real Estate Advisors LLC, LSV Asset Management, Marshall Wace LLP, Voya Investment Management LLC, Wells Fargo & Company MN, Oxford Asset Management LLP, Goldman Sachs Group Inc. and Geode Capital Management LLC. 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 $21.79.

How big of a company is The GEO Group?

The GEO Group has a market capitalization of $2.64 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?

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

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)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  402 (Vote Outperform)
Underperform Votes:  273 (Vote Underperform)
Total Votes:  675
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.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

Featured Article: Debt-To-Equity Ratio

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel