The GEO Group - GEO Stock Forecast, Price & News

1 Wall Street 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 analysts is that investors should "buy" GEO shares.
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1 brokerages have issued 12-month price targets for The GEO Group's shares. Their GEO share price forecasts range from $14.00 to $14.00. On average, they expect the company's share price to reach $14.00 in the next year. This suggests a possible upside of 23.6% from the stock's current price.
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The GEO Group's stock was trading at $10.95 at the start of the year. Since then, GEO shares have increased by 3.5% and is now trading at $11.33.
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The GEO Group saw a increase in short interest in the month of December. As of December 15th, there was short interest totaling 23,670,000 shares, an increase of 5.9% from the November 30th total of 22,350,000 shares. Based on an average trading volume of 2,280,000 shares, the days-to-cover ratio is currently 10.4 days. Currently, 20.1% of the shares of the company are short sold.
View The GEO Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 14th 2023.
View our GEO earnings forecast.

The GEO Group will be holding an earnings conference call on Tuesday, February 14th at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "1705386".

The GEO Group, Inc. (NYSE:GEO) released its quarterly earnings data on Thursday, November, 4th. The real estate investment trust reported $0.36 EPS for the quarter, missing the consensus estimate of $0.64 by $0.28. The real estate investment trust had revenue of $557.28 million for the quarter, compared to analyst estimates of $551.53 million. The GEO Group had a trailing twelve-month return on equity of 16.83% and a net margin of 3.48%. The GEO Group's quarterly revenue was down 3.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.67 EPS.

The GEO Group updated its FY 2022 earnings guidance on Thursday, December, 1st. The company provided EPS guidance of $2.47-$2.49 for the period. The company issued revenue guidance of $2.36 billion-$2.36 billion, compared to the consensus revenue estimate of $2.36 billion.

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.

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 a number of retail and institutional investors. Top institutional shareholders include SummerHaven Investment Management LLC (0.10%), New York State Teachers Retirement System (0.09%), Yousif Capital Management LLC (0.06%), Comerica Bank (0.06%), Maryland State Retirement & Pension System (0.04%) and Harel Insurance Investments & Financial Services Ltd. (0.03%). Insiders that own company stock include Anne N Foreman, Brian Evans, David J Venturella, George C Zoley, James H Black, Richard H Glanton and Shayn P March.
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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.
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One share of GEO stock can currently be purchased for approximately $11.33.

The GEO Group (NYSE:GEO) has a market capitalization of $1.41 billion and generates $2.26 billion in revenue each year. The real estate investment trust earns $77.42 million in net income (profit) each year or $0.48 on an earnings per share basis.

The company employs 15,800 workers across the globe.

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.