NYSE:GEOThe GEO Group Stock Price, Forecast & News

The GEO Group's stock was trading at $13.31 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GEO stock has decreased by 10.9% and is now trading at $11.86. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for The GEO Group.

The GEO Group is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for The GEO Group.

The GEO Group Inc (NYSE:GEO) announced its quarterly earnings results on Wednesday, February, 12th. The real estate investment trust reported $0.38 EPS for the quarter, missing analysts' consensus estimates of $0.67 by $0.29. The real estate investment trust had revenue of $621.71 million for the quarter. The GEO Group had a net margin of 6.11% and a return on equity of 17.43%. During the same quarter in the prior year, the firm posted $0.31 earnings per share. View The GEO Group's earnings history.

The GEO Group announced a quarterly dividend on Tuesday, July 7th. Stockholders of record on Friday, July 17th will be paid a dividend of $0.48 per share on Friday, July 24th. This represents a $1.92 annualized dividend and a yield of 16.19%. The ex-dividend date of this dividend is Thursday, July 16th. View The GEO Group's dividend history.

The GEO Group issued an update on its FY 2020 Pre-Market earnings guidance on Thursday, April, 30th. The company provided earnings per share guidance of 2.25-2.35 for the period. The company issued revenue guidance of $2.38-2.38 billion, compared to the consensus revenue estimate of $2.58 billion.

1 brokers have issued 12 month target prices for The GEO Group's shares. Their forecasts range from $15.00 to $15.00. On average, they anticipate The GEO Group's share price to reach $15.00 in the next year. This suggests a possible upside of 26.5% from the stock's current price. View analysts' price targets for The GEO Group.

News articles about GEO stock have trended negative on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. The GEO Group earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned press coverage about the real estate investment trust a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View the latest news about The GEO Group.

The GEO Group saw a decline in short interest in June. As of June 30th, there was short interest totaling 2,260,000 shares, a decline of 9.6% from the June 15th total of 2,500,000 shares. Based on an average trading volume of 1,810,000 shares, the days-to-cover ratio is presently 1.2 days. Currently, 1.9% of the company's shares are sold short. 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), HCP (HCP), Ventas (VTR), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels and Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Sabra Health Care REIT (SBRA). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other The GEO Group investors own include AT&T (T), Corecivic (CXW), Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), Verizon Communications (VZ), Altria Group (MO), Occidental Petroleum (OXY), ANNALY CAP MGMT/SH (NLY), Iron Mountain (IRM) and New Residential Investment (NRZ).

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

The GEO Group's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.01%) 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 and Richard H Glanton. View institutional ownership trends for The GEO Group.

GEO stock was sold by a variety of institutional investors in the last quarter, including Gradient Investments LLC, and Envestnet Asset Management Inc.. 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 activity 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 $11.86.

The GEO Group has a market capitalization of $1.44 billion and generates $2.48 billion in revenue each year. The real estate investment trust earns $166.60 million in net income (profit) each year or $2.75 on an earnings per share basis. The GEO Group employs 22,000 workers across the globe.

The official website for The GEO Group is www.geogroup.com.

The GEO Group's mailing address is 4955 TECHNOLOGY WAY, BOCA RATON FL, 33431. The real estate investment trust can be reached via phone at 561-893-0101 or via email at [email protected]