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MSFT   275.23 (-0.42%)
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DIS   94.82 (-0.84%)
AMC   5.15 (+13.19%)
PYPL   72.70 (-0.82%)
PFE   39.99 (-0.57%)
NFLX   323.52 (-1.26%)
QQQ   307.12 (-0.53%)
AAPL   157.65 (-0.40%)
MSFT   275.23 (-0.42%)
META   200.68 (-1.06%)
GOOGL   101.03 (-1.40%)
AMZN   97.24 (-0.82%)
TSLA   189.19 (-1.37%)
NVDA   264.10 (-0.46%)
NIO   9.20 (+3.02%)
BABA   98.40 (+14.26%)
AMD   94.56 (-2.12%)
T   18.72 (-0.79%)
F   11.60 (+0.69%)
MU   59.28 (-0.85%)
CGC   1.81 (-3.72%)
GE   93.14 (-0.18%)
DIS   94.82 (-0.84%)
AMC   5.15 (+13.19%)
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PFE   39.99 (-0.57%)
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NYSE:GEO

The GEO Group - GEO Stock Forecast, Price & News

$7.81
+0.03 (+0.39%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
$7.70
$7.88
50-Day Range
$7.55
$12.28
52-Week Range
$5.74
$12.44
Volume
1.07 million shs
Average Volume
2.61 million shs
Market Capitalization
$972.89 million
P/E Ratio
6.68
Dividend Yield
N/A
Price Target
$14.00

The GEO Group MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
79.3% Upside
$14.00 Price Target
Short Interest
Bearish
20.56% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
11.90%
From $2.10 to $2.35 Per Share

Overall MarketRank

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

2.70 out of 5 stars

Finance Sector

317th out of 891 stocks

General Building Contractors - Residential Buildings Industry

1st out of 4 stocks


GEO stock logo

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

Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
Bank Accounts: Frozen!
In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!
GEO Group Full Year 2022 Earnings: EPS Beats Expectations
Why Geo Group Shares Are Dropping Today
GEO Group Shares Drop 12% Despite Upbeat Q4 Results
Geo Group Plunges Following Mixed Outlook
Geo Group (GEO) Surpasses Q4 FFO and Revenue Estimates
Why GEO Group Stock Was Falling Today
What's in Store for GEO Group (GEO) This Earnings Season?
Geo Group (GEO) Stock Moves -0.71%: What You Should Know
Geo Group
See More Headlines
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GEO Company Calendar

Last Earnings
2/14/2023
Today
3/28/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
General building contractors - residential buildings
Sub-Industry
Specialized REITs
Sector
Finance
CUSIP
36159R10
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
+79.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$171.81 million
Pretax Margin
9.67%

Debt

Sales & Book Value

Annual Sales
$2.38 billion
Cash Flow
$2.58 per share
Book Value
$9.38 per share

Miscellaneous

Free Float
117,841,000
Market Cap
$972.89 million
Optionable
Optionable
Beta
0.74

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













GEO Stock - Frequently Asked Questions

Should I buy or sell The GEO Group stock right now?

1 Wall Street 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 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 analysts 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 79.5% 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 on January 1st, 2023. Since then, GEO shares have decreased by 28.8% and is now trading at $7.80.
View the best growth stocks for 2023 here
.

Are investors shorting The GEO Group?

The GEO Group saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 25,360,000 shares, a decline of 6.6% from the February 13th total of 27,140,000 shares. Based on an average daily trading volume, of 2,490,000 shares, the days-to-cover ratio is currently 10.2 days. Approximately 21.6% of the company's shares 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, May 2nd 2023.
View our GEO earnings forecast
.

How were The GEO Group's earnings last quarter?

The GEO Group, Inc. (NYSE:GEO) posted its quarterly earnings results on Tuesday, February, 14th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.55 by $0.21. The real estate investment trust had revenue of $620.70 million for the quarter, compared to analysts' expectations of $604.40 million. The GEO Group had a trailing twelve-month return on equity of 15.74% and a net margin of 7.23%. The business's revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.65 EPS.

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

The GEO Group updated its FY23 earnings guidance on Tuesday, March, 14th. The company provided earnings per share (EPS) guidance of $0.80-1.02 for the period, compared to the consensus estimate of $0.99.

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 many different institutional and retail investors. Top institutional investors include Millennium Management LLC (3.50%), Charles Schwab Investment Management Inc. (2.66%), Two Sigma Advisers LP (1.93%), Geode Capital Management LLC (1.79%), Renaissance Technologies LLC (1.79%) and Morgan Stanley (1.64%). Insiders that own company stock include Anne N Foreman, George C Zoley, 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 $7.80.

How much money does The GEO Group make?

The GEO Group (NYSE:GEO) has a market capitalization of $971.65 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 $1.17 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 3/28/2023 by MarketBeat.com Staff