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

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

The GEO Group declared a quarterly dividend on Tuesday, July 9th. Shareholders of record on Friday, July 19th will be paid a dividend of $0.48 per share on Friday, July 26th. This represents a $1.92 annualized dividend and a yield of 11.47%. The ex-dividend date of this dividend is Thursday, July 18th. View The GEO Group's Dividend History.

The GEO Group declared that its board has approved a share repurchase plan on Thursday, February 15th 2018, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally a sign that the company's management believes its stock is undervalued.

The GEO Group Inc (NYSE:GEO) announced its quarterly earnings data on Tuesday, April, 30th. The real estate investment trust reported $0.34 EPS for the quarter, missing the consensus estimate of $0.47 by $0.13. The real estate investment trust had revenue of $610.70 million for the quarter, compared to analysts' expectations of $601.83 million. The GEO Group had a net margin of 6.45% and a return on equity of 16.23%. The company's quarterly revenue was up 8.1% compared to the same quarter last year. During the same period last year, the company earned $0.57 earnings per share. View The GEO Group's Earnings History.

The GEO Group is scheduled to release their next quarterly earnings announcement on Wednesday, November 6th 2019. View Earnings Estimates for The GEO Group.

The GEO Group updated its FY19 earnings guidance on Tuesday, July, 30th. The company provided earnings per share guidance of $2.69-2.73 for the period. The company issued revenue guidance of Approx $2.47 billion.

2 analysts have issued twelve-month price targets for The GEO Group's shares. Their forecasts range from $25.00 to $26.00. On average, they expect The GEO Group's stock price to reach $25.50 in the next twelve months. This suggests a possible upside of 52.3% from the stock's current price. View Analyst Price Targets 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.

Media coverage about GEO stock has been trending positive this week, according to InfoTrie. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. The GEO Group earned a daily sentiment score of 2.5 on InfoTrie's scale. They also gave media headlines about the real estate investment trust a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock's share price in the near term. View News Stories for The GEO Group.

The GEO Group saw a increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,386,100 shares, an increase of 21.7% from the June 30th total of 2,782,500 shares. Based on an average daily volume of 945,100 shares, the days-to-cover ratio is presently 3.6 days. Currently, 2.9% of the company's stock are sold short. View The GEO Group's Current Options Chain.

Some companies that are related to The GEO Group include Store Capital (STOR), Medical Properties Trust (MPW), Gaming and Leisure Properties (GLPI), Kilroy Realty (KRC), CyrusOne (CONE), Kimco Realty (KIM), Liberty Property Trust (LPT), American Homes 4 Rent (AMH), Lamar Advertising (LAMR), Apartment Investment and Management (AIV), Douglas Emmett (DEI), AmeriCold Realty Trust (COLD), CubeSmart (CUBE), Starwood Property Trust (STWD) and American Campus Communities (ACC).

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

The GEO Group's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (14.94%), BlackRock Inc. (11.91%), BlackRock Inc. (11.91%), Barrow Hanley Mewhinney & Strauss LLC (7.12%), Barrow Hanley Mewhinney & Strauss LLC (7.12%) and Artemis Investment Management LLP (4.27%). Company insiders that own The GEO Group stock include Anne N Foreman, Christopher C Wheeler, David J Venturella, George C Zoley, John J Bulfin, Richard H Glanton and Shayn P March. View Institutional Ownership Trends for The GEO Group.

GEO stock was sold by a variety of institutional investors in the last quarter, including Northern Trust Corp, WINTON GROUP Ltd, JPMorgan Chase & Co., Bank of America Corp DE, Invesco Ltd., Wells Fargo & Company MN, AXA and BlackRock Inc.. Company insiders that have sold The GEO Group company stock in the last year include Christopher C Wheeler, David J Venturella and Richard H Glanton. View Insider Buying and Selling for The GEO Group.

GEO stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Artemis Investment Management LLP, Barrow Hanley Mewhinney & Strauss LLC, Barrow Hanley Mewhinney & Strauss LLC, Prudential Financial Inc., Vanguard Group Inc., Bank of New York Mellon Corp and Capital Advisors Inc. OK. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of GEO stock can currently be purchased for approximately $16.74.

The GEO Group has a market capitalization of $2.03 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.View Additional Information About The GEO Group.

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

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]