The GEO Group Stock Forecast, Price & 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 (WHO). Since then, GEO shares have decreased by 26.4% and is now trading at $9.80.
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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.

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The GEO Group is scheduled to release its next quarterly earnings announcement on Wednesday, February 10th 2021.
View our earnings forecast for The GEO Group.

The GEO Group, Inc. (NYSE:GEO) issued its quarterly earnings data on Thursday, October, 29th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.60 by $0.23. The GEO Group had a return on equity of 16.58% and a net margin of 5.81%.
View The GEO Group's earnings history.

The GEO Group announced a quarterly dividend on Tuesday, October 6th. Stockholders of record on Friday, October 16th will be paid a dividend of $0.34 per share on Friday, October 23rd. This represents a $1.36 dividend on an annualized basis and a dividend yield of 13.88%. The ex-dividend date of this dividend is Thursday, October 15th.
View The GEO Group's dividend history.

The GEO Group updated its fourth quarter 2020 Pre-Market earnings guidance on Thursday, October, 29th. The company provided earnings per share guidance of 0.55-0.57 for the period.

1 brokerages have issued 12 month target prices for The GEO Group's stock. Their forecasts range from $15.00 to $15.00. On average, they expect The GEO Group's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 53.1% from the stock's current price.
View analysts' price targets for The GEO Group.

The GEO Group saw a increase in short interest in October. As of October 30th, there was short interest totaling 10,070,000 shares, an increase of 90.4% from the October 15th total of 5,290,000 shares. Based on an average daily volume of 2,170,000 shares, the short-interest ratio is presently 4.6 days. Approximately 8.6% of the shares of the company are sold short.
View The GEO Group's Short Interest.

Some companies that are related to The GEO Group include American Tower (AMT), Public Storage (PSA), Welltower (WELL), Weyerhaeuser (WY), Ventas (VTR), HCP (HCP), Extra Space Storage (EXR), Medical Properties Trust (MPW), Host Hotels & Resorts (HST), Omega Healthcare Investors (OHI), CubeSmart (CUBE), Life Storage (LSI), Healthcare Realty Trust (HR), Rayonier (RYN) and Ryman Hospitality Properties (RHP).
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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).

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

The GEO Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.88%), State Street Corp (3.13%), Arrowstreet Capital Limited Partnership (1.97%), Charles Schwab Investment Management Inc. (1.71%), Ranger Global Real Estate Advisors LLC (1.46%) and Great West Life Assurance Co. Can (1.41%). 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 BlackRock Inc., Wells Fargo & Company MN, State Street Corp, Morgan Stanley, Public Employees Retirement System of Ohio, Principal Financial Group Inc., ProShare Advisors LLC, and Paloma Partners Management Co. Company insiders that have sold The GEO Group company stock in the last year include Anne N Foreman, and Richard H Glanton.
View insider buying and selling activity for The GEO Group.

GEO stock was bought by a variety of institutional investors in the last quarter, including Great West Life Assurance Co. Can, Jupiter Asset Management Ltd., First Trust Advisors LP, Ranger Global Real Estate Advisors LLC, Voloridge Investment Management LLC, JPMorgan Chase & Co., First Dallas Securities Inc., and Arrowstreet Capital Limited Partnership. Company insiders that have bought The GEO Group stock in the last two years include Brian Evans, David J Venturella, and George C Zoley.
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 $9.80.

The GEO Group has a market capitalization of $1.19 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 23,000 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]