NYSE:GEO - The GEO Group Stock Price, Price Target & More

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

The GEO Group announced a quarterly dividend on Wednesday, April 11th. Investors of record on Monday, April 23rd will be given a dividend of $0.47 per share on Thursday, May 3rd. This represents a $1.88 annualized dividend and a yield of 7.26%. The ex-dividend date of this dividend is Friday, April 20th. View The GEO Group's Dividend History.

The GEO Group announced that its Board of Directors has authorized a share buyback program on Thursday, February 15th 2018, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are usually an indication that the company's board believes its stock is undervalued.

The GEO Group Inc (NYSE:GEO) issued its quarterly earnings data on Thursday, April, 26th. The real estate investment trust reported $0.29 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.01. The real estate investment trust had revenue of $565 million for the quarter, compared to the consensus estimate of $559.86 million. The GEO Group had a net margin of 6.18% and a return on equity of 13.63%. The business's revenue for the quarter was up 2.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.35 EPS. View The GEO Group's Earnings History.

The GEO Group is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for The GEO Group.

The GEO Group updated its FY18 earnings guidance on Thursday, April, 26th. The company provided earnings per share guidance of $2.45-2.53 for the period, compared to the Thomson Reuters consensus estimate of $2.47. The company issued revenue guidance of $2.3 billion, compared to the consensus revenue estimate of $2.28 billion.The GEO Group also updated its Q2 guidance to $0.59-0.61 EPS.

3 brokers have issued 12-month target prices for The GEO Group's stock. Their forecasts range from $32.00 to $35.00. On average, they expect The GEO Group's share price to reach $34.00 in the next twelve months. View Analyst Ratings for The GEO Group.

Some companies that are related to The GEO Group include ANNALY Cap Mgmt/SH (NLY), Extra Space Storage (EXR), Klépierre (KLPEF), HCP (HCP), Mid-America Apartment Communities (MAA), SINO Ld Ltd/S (SNLAY), Duke Realty (DRE), Regency Centers (REG), UDR (UDR), Iron Mountain (IRM), SL Green Realty (SLG), Federal Realty Investment Trust (FRT), Camden Property Trust (CPT), AGNC Investment (AGNC) and Equity Lifestyle Properties (ELS).

Media headlines about GEO stock have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. The GEO Group earned a coverage optimism score of 0.13 on Accern's scale. They also assigned headlines about the real estate investment trust an impact score of 45.84 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

The GEO Group's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (11.67%), Barrow Hanley Mewhinney & Strauss LLC (4.53%), Daiwa Securities Group Inc. (3.33%), Prudential Financial Inc. (2.92%), Northern Trust Corp (2.80%) and Russell Investments Group Ltd. (2.41%). Company insiders that own The GEO Group stock include Ann M Schlarb, Anne N Foreman, Christopher C Wheeler, J David Donahue, John J Bulfin, Norman A Carlson, 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 Barrow Hanley Mewhinney & Strauss LLC, Barings LLC, Millennium Management LLC, Eagle Asset Management Inc., Carillon Tower Advisers Inc., Daiwa Securities Group Inc., River Road Asset Management LLC and Prudential Financial Inc.. Company insiders that have sold The GEO Group company stock in the last year include Anne N Foreman, Christopher C Wheeler, John J Bulfin, Norman A Carlson, Richard H Glanton and Shayn P March. View Insider Buying and Selling for The GEO Group.

GEO stock was acquired by a variety of institutional investors in the last quarter, including Global X Management Co. LLC, Denver Investment Advisors LLC, Alpine Woods Capital Investors LLC, Intrinsic Edge Capital Management LLC, Russell Investments Group Ltd., BlackRock Inc., Epoch Investment Partners Inc. and Ranger Global Real Estate Advisors LLC. 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 $25.88.

The GEO Group has a market capitalization of $3.09 billion and generates $2.26 billion in revenue each year. The real estate investment trust earns $146.24 million in net income (profit) each year or $2.55 on an earnings per share basis. The GEO Group employs 18,512 workers across the globe.

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]