NYSE:GEO

The GEO Group (GEO) Stock Forecast, Price & News

$7.19

-0.47 (-6.14%)

(As of 05/30/2023 ET)

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Today's Range: $7.14
▼
$7.65
50-Day Range: $7.16
▼
$8.88
52-Week Range: $5.97
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$12.44

Volume: 3.18 million shs
Average Volume: 2.34 million shs
Market Capitalization: $906.08 million

P/E Ratio: 6.54
Dividend Yield: N/A
Price Target: $14.00

The GEO Group MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 94.7% Upside
$14.00 Price Target
Short Interest: Bearish
20.79% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.74
Based on 4 Articles This Week
Insider Trading: Selling Shares
$107,317 Sold Last Quarter
Proj. Earnings Growth: 33.33%
From $0.93 to $1.24 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.85 out of 5 stars

Finance Sector

217th out of 905 stocks

General Building Contractors - Residential Buildings Industry

1st out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
The GEO Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.00, The GEO Group has a forecasted upside of 94.7% from its current price of $7.19.
Amount of Analyst Coverage
The GEO Group has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
20.79% of the float of The GEO Group has been sold short.
Short Interest Ratio / Days to Cover
The GEO Group has a short interest ratio ("days to cover") of 11.3, which indicates bearish sentiment.
Change versus previous month
Short interest in The GEO Group has recently increased by 9.27%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
The GEO Group does not currently pay a dividend.
Dividend Growth
The GEO Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GEO.

2.6

News and Social Media Coverage

News Sentiment
The GEO Group has a news sentiment score of 0.74. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for The GEO Group this week, compared to 3 articles on an average week.
Search Interest
13 people have searched for GEO on MarketBeat in the last 30 days. This is an increase of 63% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added The GEO Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -30% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The GEO Group insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $107,317.00 in company stock.
Percentage Held by Insiders
Only 5.30% of the stock of The GEO Group is held by insiders.
Percentage Held by Institutions
76.58% of the stock of The GEO Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

5.0

Earnings and Valuation

Earnings Growth
Earnings for The GEO Group are expected to grow by 33.33% in the coming year, from $0.93 to $1.24 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The GEO Group is 6.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.71.
Price to Earnings Ratio vs. Sector
The P/E ratio of The GEO Group is 6.54, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.75.
Price to Earnings Growth Ratio
The GEO Group has a PEG Ratio of 0.82. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
The GEO Group has a P/B Ratio of 0.77. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The GEO Group (NYSE:GEO) Stock

The GEO Group, Inc. engages in the design, financing, development, and support services for secure facilities, processing centers, and community re-entry facilities. It operates through the following segments: U.S. Secure, Electronic Monitoring and Supervision, Reentry, and International Services. The U.S. Secure Services segment encompasses the United States-based public-private partnership corrections and detention business. The Electronic Monitoring and Supervision Services segment conducts its services in the U.S. The Reentry Services Segment consists of various community-based and reentry services. The International Services segment consists of public-private partnership secure services operations in Australia and South Africa. The company was founded by George C. Zoley in 1984 and is headquartered in Boca Raton, FL.

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GEO Stock News Headlines

May 24, 2023 | msn.com

Pueblo group rallies behind bill seeking to restrict Colorado, local contracts with ICE

May 23, 2023 | americanbankingnews.com

Brokers Offer Predictions for The GEO Group, Inc.'s Q2 2023 Earnings (NYSE:GEO)

May 30, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

May 18, 2023 | finance.yahoo.com

The past five years for GEO Group (NYSE:GEO) investors has not been profitable

May 18, 2023 | americanbankingnews.com

The GEO Group (NYSE:GEO) Research Coverage Started at StockNews.com

May 16, 2023 | seekingalpha.com

GEO Group: Taking To 'Strong Buy' After Title 42 Expiration

May 16, 2023 | thestreet.com

Geo Group Reaches New 52-Week High (GEO)

May 11, 2023 | americanbankingnews.com

Investors Purchase Large Volume of The GEO Group Call Options (NYSE:GEO)

May 30, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

May 8, 2023 | msn.com

Unusual Call Option Trade in Geo Group (GEO) Worth $149.40K

April 29, 2023 | sg.finance.yahoo.com

The GEO Group, Inc. (GEO)

April 28, 2023 | finance.yahoo.com

The GEO Group, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

April 27, 2023 | msn.com

Wedbush Maintains Geo Group (GEO) Outperform Recommendation

April 27, 2023 | americanbankingnews.com

The GEO Group (NYSE:GEO) Shares Gap Down to $7.76

April 26, 2023 | finance.yahoo.com

Q1 2023 Geo Group Inc Earnings Call

April 25, 2023 | finance.yahoo.com

Why Geo Group Stock Is Down Today

April 25, 2023 | seekingalpha.com

The GEO Group, Inc. 2023 Q1 - Results - Earnings Call Presentation

April 25, 2023 | msn.com

GEO Group stock slides after Q1 earnings fall, poor outlook

April 24, 2023 | msn.com

GEO Group taking over Hinton prison

April 24, 2023 | americanbankingnews.com

The GEO Group (GEO) Set to Announce Quarterly Earnings on Tuesday

April 17, 2023 | thestreet.com

GEO Group (GEO) Stock Slides as DOJ 'Substantially Reduces' Use of Private Prisons

April 10, 2023 | msn.com

The fastest way to make a group chat on Snapchat

April 7, 2023 | finance.yahoo.com

GEO Group (NYSE:GEO) Shareholders Will Want The ROCE Trajectory To Continue

April 6, 2023 | msn.com

Passover, Exodus: How did the Jews go from Egypt to Israel?

April 3, 2023 | seekingalpha.com

GEO Group: Multiple Ways To Win

March 31, 2023 | msn.com

Dad of fallen soldier George, 24, praised by Rishi Sunak for veterans' mental health group

March 30, 2023 | msn.com

Are Options Traders Betting on a Big Move in GEO Group (GEO) Stock?

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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GEO Company Calendar

Last Earnings: 4/25/2023
Today: 5/30/2023
Next Earnings (Estimated): 8/01/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: General building contractors - residential buildings
Sub-Industry: Specialized REITs
Sector: Finance
Current Symbol: NYSE:GEO
CUSIP: 36159R10
CIK: 923796
Web: www.geogroup.com
Phone: (561) 893-0101
Fax: 972-581-2001
Employees: 15,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $14.00
High Stock Price Forecast: $14.00
Low Stock Price Forecast: $14.00
Forecasted Upside/Downside: +90.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.10
Trailing P/E Ratio: 6.70
Forward P/E Ratio: 7.92
P/E Growth: 0.82
Net Income: $171.81 million
Net Margins: 6.64%
Pretax Margin: 8.81%
Return on Equity: 14.23%
Return on Assets: 4.11%

Debt

Debt-to-Equity Ratio: 1.57
Current Ratio: 1.27
Quick Ratio: 1.27

Sales & Book Value

Annual Sales: $2.38 billion
Price / Sales: 0.39
Cash Flow: $2.43 per share
Price / Cash Flow: 3.03
Book Value: $9.38 per share
Price / Book: 0.79

Miscellaneous

Outstanding Shares: 126,020,000
Free Float: 119,345,000
Market Cap: $928.77 million
Optionable: Optionable
Beta: 0.72

Social Links

Key Executives

Jose Gordo
Chief Executive Officer & Director

Wayne H. Calabrese
Chief Operating Officer, President-Geo Care & SVP

Brian Robert Evans
Chief Financial Officer & Senior Vice President

Jose A. Rosario
Chief Information Officer & Vice President

Ronald A. Brack
Chief Accounting Officer, EVP & Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GEO Stock - Frequently Asked Questions

Should I buy or sell The GEO Group stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GEO shares.
View GEO analyst ratings or view top-rated stocks.
What is The GEO Group's stock price forecast for 2023?: 1 brokerages have issued twelve-month price objectives for The GEO Group's stock. Their GEO share price forecasts range from $14.00 to $14.00. On average, they expect the company's stock price to reach $14.00 in the next year. This suggests a possible upside of 90.0% from the stock's current price.
View analysts price targets for GEO or view top-rated stocks among Wall Street analysts.
How have GEO shares performed in 2023?: The GEO Group's stock was trading at $10.95 at the start of the year. Since then, GEO stock has decreased by 32.7% and is now trading at $7.37.
View the best growth stocks for 2023 here.
Are investors shorting The GEO Group?: The GEO Group saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 24,750,000 shares, an increase of 9.3% from the April 30th total of 22,650,000 shares. Based on an average trading volume of 2,200,000 shares, the days-to-cover ratio is presently 11.3 days. Currently, 20.8% of the shares of the company are sold short.
View The GEO Group's Short Interest.
When is The GEO Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our GEO earnings forecast.
How were The GEO Group's earnings last quarter?: The GEO Group, Inc. (NYSE:GEO) announced its earnings results on Tuesday, April, 25th. The real estate investment trust reported $0.22 earnings per share (EPS) for the quarter. The real estate investment trust earned $608.21 million during the quarter, compared to analyst estimates of $605.60 million. The GEO Group had a trailing twelve-month return on equity of 14.23% and a net margin of 6.64%.
What ETFs hold The GEO Group's stock?: ETFs with the largest weight of The GEO Group (NYSE:GEO) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP), Pacer US Small Cap Cash Cows 100 ETF (CALF), Invesco S&P SmallCap Industrials ETF (PSCI), Invesco S&P SmallCap Momentum ETF (XSMO), Invesco S&P SmallCap Value with Momentum ETF (XSVM), Invesco S&P SmallCap 600 Pure Value ETF (RZV), JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) and IQ Chaikin U.S. Small Cap ETF (CSML).
What guidance has The GEO Group issued on next quarter's earnings?: The GEO Group updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.38 billion-$2.46 billion, compared to the consensus revenue estimate of $2.46 billion.

What is George C. Zoley's approval rating as The GEO Group's CEO?: 214 employees have rated The GEO Group Chief Executive Officer George C. Zoley on Glassdoor.com. George C. Zoley has an approval rating of 63% among the company's employees. This puts George C. Zoley in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
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), Enterprise Products Partners (EPD), Energy Transfer (ET), CoreCivic (CXW), Iron Mountain (IRM), Altria Group (MO), AGNC Investment (AGNC), Annaly Capital Management (NLY), Verizon Communications (VZ) and AbbVie (ABBV).
What is The GEO Group's stock symbol?: The GEO Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "GEO."
Who are The GEO Group's major shareholders?: The GEO Group's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (15.81%), FMR LLC (6.49%), State Street Corp (3.89%), Charles Schwab Investment Management Inc. (2.44%), Two Sigma Advisers LP (1.96%) and Geode Capital Management LLC (1.83%). Insiders that own company stock include Anne N Foreman, George C Zoley, James H Black, James H Black, Richard H Glanton and Shayn P March.
View institutional ownership trends.
How do I buy shares of The GEO Group?: Shares of GEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is The GEO Group's stock price today?: One share of GEO stock can currently be purchased for approximately $7.37.
How much money does The GEO Group make?: The GEO Group (NYSE:GEO) has a market capitalization of $928.77 million and generates $2.38 billion in revenue each year. The real estate investment trust earns $171.81 million in net income (profit) each year or $1.10 on an earnings per share basis.
How many employees does The GEO Group have?: The company employs 15,800 workers across the globe.
How can I contact The GEO Group?: The GEO Group's mailing address is 4955 TECHNOLOGY WAY, BOCA RATON FL, 33431. The official website for the company is www.geogroup.com. The real estate investment trust can be reached via phone at (561) 893-0101, via email at ir@geogroup.com, or via fax at 972-581-2001.

This page (NYSE:GEO) was last updated on 5/30/2023 by MarketBeat.com Staff

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