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

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?

2 brokers have issued 1 year price objectives for The GEO Group's stock. Their GEO share price targets range from $14.00 to $14.00. On average, they anticipate the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 36.6% 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 at the start of the year. Since then, GEO shares have decreased by 6.4% and is now trading at $10.25. View the best growth stocks for 2023 here .

Are investors shorting The GEO Group?

The GEO Group saw a increase in short interest in October. As of October 31st, there was short interest totaling 17,780,000 shares, an increase of 13.3% from the October 15th total of 15,690,000 shares. Based on an average trading volume of 2,340,000 shares, the short-interest ratio is currently 7.6 days. Currently, 14.9% of the shares of the stock are short sold. 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, February 13th 2024. View our GEO earnings forecast .

How were The GEO Group's earnings last quarter?

The GEO Group, Inc. (NYSE:GEO) released its earnings results on Tuesday, November, 7th. The real estate investment trust reported $0.19 EPS for the quarter, meeting analysts' consensus estimates of $0.19. The real estate investment trust had revenue of $602.79 million for the quarter, compared to the consensus estimate of $595.31 million. The GEO Group had a net margin of 5.10% and a trailing twelve-month return on equity of 10.09%. During the same quarter in the previous year, the business posted $0.60 earnings per share.

What ETFs hold The GEO Group's stock?

ETFs with the largest weight of The GEO Group (NYSE:GEO) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM) . First Trust Small Cap Value AlphaDEX Fund (FYT) .

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) .

Who are The GEO Group's major shareholders?

The GEO Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (4.63%), Charles Schwab Investment Management Inc. (2.34%), Thompson Siegel & Walmsley LLC (1.18%), Schonfeld Strategic Advisors LLC (1.08%), Northern Trust Corp (1.01%) and Bank of New York Mellon Corp (0.91%). Insiders that own company stock include George C Zoley, James H Black, James H Black , Scott Michael Kernan 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 .

The GEO Group Stock Price, News & Analysis (NYSE:GEO)

$10.25

+0.10 (+0.99%)

(As of 12/1/2023 ET)

Compare

Today's Range: $9.98
▼
$10.39
50-Day Range: $7.54
▼
$10.60
52-Week Range: $6.94
▼
$12.42

Volume: 1.94 million shs
Average Volume: 2.32 million shs
Market Capitalization: $1.29 billion

P/E Ratio: 12.35
Dividend Yield: N/A
Price Target: $14.00

The GEO Group MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 36.6% Upside
$14.00 Price Target
Short Interest: Bearish
14.44% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.93
Based on 5 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 34.52%
From $0.84 to $1.13 Per Share

Overall MarketRank^™

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

2.57 out of 5 stars

Business Services Sector

63rd out of 309 stocks

General Building Contractors - Residential Buildings Industry

2nd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
The GEO Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.00, The GEO Group has a forecasted upside of 36.6% from its current price of $10.25.
Amount of Analyst Coverage
The GEO Group has only been the subject of 2 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
14.44% of the float of The GEO Group has been sold short.
Short Interest Ratio / Days to Cover
The GEO Group has a short interest ratio ("days to cover") of 7.4.
Change versus previous month
Short interest in The GEO Group has recently decreased by 2.92%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
The GEO Group does not currently pay a dividend.
Dividend Growth
The GEO Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GEO.

2.7

News and Social Media Coverage

News Sentiment
The GEO Group has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 5 news articles for The GEO Group this week, compared to 3 articles on an average week.
Search Interest
Only 17 people have searched for GEO on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.
MarketBeat Follows
Only 2 people have added The GEO Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The GEO Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.30% of the stock of The GEO Group is held by insiders.
Percentage Held by Institutions
74.60% of the stock of The GEO Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for The GEO Group are expected to grow by 34.52% in the coming year, from $0.84 to $1.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The GEO Group is 12.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 116.73.
Price to Earnings Ratio vs. Sector
The P/E ratio of The GEO Group is 12.35, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 35.63.
Price to Earnings Growth Ratio
The GEO Group has a PEG Ratio of 1.22. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The GEO Group has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About The GEO Group Stock (NYSE:GEO)

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO's diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO's worldwide operations include the ownership and/or delivery of support services for 100 facilities totaling approximately 81,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 18,000 employees.

GEO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GEO Stock News Headlines

November 30, 2023 | markets.businessinsider.com

GEO Group Promotes CFO Brian Evans To Succeed Jose Gordo As CEO

November 30, 2023 | msn.com

GEO Group's Gordo to depart as CEO, succeeded by current CFO Evans

December 3, 2023 | Wealthpress (Ad)

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November 30, 2023 | finance.yahoo.com

The GEO Group Announces Senior Management Changes

November 28, 2023 | americanbankingnews.com

Stock Traders Buy High Volume of The GEO Group Call Options (NYSE:GEO)

November 14, 2023 | seekingalpha.com

GEO Group: Despite Uneven Results, A Lot Of Upside Remains

November 12, 2023 | msn.com

This group of veterans is too often forgotten

November 10, 2023 | benzinga.com

Market Whales and Their Recent Bets on GEO Options

December 3, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 9, 2023 | morningstar.com

The GEO Group Inc

November 8, 2023 | finance.yahoo.com

The GEO Group, Inc. (NYSE:GEO) Q3 2023 Earnings Call Transcript

November 8, 2023 | finance.yahoo.com

Q3 2023 Geo Group Inc Earnings Call

November 7, 2023 | finance.yahoo.com

Geo Group (GEO) Q3 2023 Earnings Call Transcript

November 7, 2023 | markets.businessinsider.com

Government Service Provider GEO Group Posts Mixed Earnings, Lowers Debt, Revises Q4 & FY23 Outlook

November 7, 2023 | markets.businessinsider.com

GEO Group Q3 Revenues Top Estimates; Backs FY23 Revenue Outlook

November 7, 2023 | markets.businessinsider.com

The GEO Group Inc. Q3 Profit Drops, Inline With Estimates

November 7, 2023 | finance.yahoo.com

The GEO Group Reports Third Quarter 2023 Results

October 31, 2023 | finance.yahoo.com

Analysts Estimate Geo Group (GEO) to Report a Decline in Earnings: What to Look Out for

October 26, 2023 | finance.yahoo.com

The GEO Group Inc (GEG.MU)

October 25, 2023 | finance.yahoo.com

Healthcare Services (HCSG) Q3 Earnings Meet Estimates

October 20, 2023 | msn.com

The Delco jail’s union has ratified its first labor agreement with the county. Its leaders say issues remain.

October 19, 2023 | finance.yahoo.com

13 Best Video Surveillance and Private Security Stocks to Buy

October 18, 2023 | msn.com

‘The conditions there are unacceptable’: Family speaks out after Lawrenceville Correctional inmate allegedly stabbed in the head

October 17, 2023 | finance.yahoo.com

The GEO Group Announces Date for Third Quarter 2023 Earnings Release and Conference Call

October 12, 2023 | msn.com

Taking the global pulse of biodiversity monitoring: Q&A with Andrew Gonzalez

October 11, 2023 | finance.yahoo.com

Boasting A 11% Return On Equity, Is The GEO Group, Inc. (NYSE:GEO) A Top Quality Stock?

October 10, 2023 | bbc.com

What if one rogue nation dimmed the Sun to avert climate disaster?

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/02/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: General building contractors - residential buildings
Sub-Industry: Specialized REITs
Sector: Business Services
Current Symbol: NYSE:GEO
CUSIP: 36159R10
CIK: 923796
Web: www.geogroup.com
Phone: (561) 893-0101
Fax: 972-581-2001
Employees: 15,800
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $14.00
High Stock Price Target: $14.00
Low Stock Price Target: $14.00
Potential Upside/Downside: +36.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.83
Trailing P/E Ratio: 12.35
Forward P/E Ratio: 12.20
P/E Growth: 1.22
Net Income: $171.81 million
Net Margins: 5.10%
Pretax Margin: 6.77%
Return on Equity: 10.09%
Return on Assets: 3.30%

Debt

Debt-to-Equity Ratio: 1.42
Current Ratio: 1.24
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $2.38 billion
Price / Sales: 0.54
Cash Flow: $2.55 per share
Price / Cash Flow: 4.02
Book Value: $9.98 per share
Price / Book: 1.03

Miscellaneous

Outstanding Shares: 126,100,000
Free Float: 119,420,000
Market Cap: $1.29 billion
Optionable: Optionable
Beta: 0.67

Social Links

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Key Executives

Dr. George C. Zoley Ph.D. (Age 73)
Founder & Executive Chairman of the Board
Comp: $3.25M
Mr. Jose Gordo J.D. (Age 49)
CEO & Director
Comp: $2.97M
Mr. Brian R. Evans (Age 55)
Senior VP & CFO
Comp: $1.77M
Mr. James H. Black (Age 59)
SVP, President of Secure Services & President of U.S. Corrections, Detention and International Ops
Comp: $1.33M
Mr. Wayne H. Calabrese (Age 72)
Senior VP & COO
Comp: $6.47M
Mr. Ronald A. Brack (Age 61)
Executive VP, Chief Accounting Officer & Controller
Jose Rosario
Executive VP, Chief Information Officer & Chief Information Security Officer
Mr. Joe Negron (Age 61)
Senior VP, General Counsel & Corporate Secretary
Comp: $931.92k
Daniel H. Ragsdale
Executive Vice President of Contract Compliance
Mr. Christopher D. Ryan (Age 60)
Senior Vice President of Human Resources

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GEO Stock Analysis - Frequently Asked Questions

Should I buy or sell The GEO Group stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The GEO Group in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street 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 target for 2024?: 2 brokers have issued 1 year price objectives for The GEO Group's stock. Their GEO share price targets range from $14.00 to $14.00. On average, they anticipate the company's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 36.6% 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 at the start of the year. Since then, GEO shares have decreased by 6.4% and is now trading at $10.25.
View the best growth stocks for 2023 here.
Are investors shorting The GEO Group?: The GEO Group saw a increase in short interest in October. As of October 31st, there was short interest totaling 17,780,000 shares, an increase of 13.3% from the October 15th total of 15,690,000 shares. Based on an average trading volume of 2,340,000 shares, the short-interest ratio is currently 7.6 days. Currently, 14.9% of the shares of the stock are short sold.
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, February 13th 2024.
View our GEO earnings forecast.
How were The GEO Group's earnings last quarter?: The GEO Group, Inc. (NYSE:GEO) released its earnings results on Tuesday, November, 7th. The real estate investment trust reported $0.19 EPS for the quarter, meeting analysts' consensus estimates of $0.19. The real estate investment trust had revenue of $602.79 million for the quarter, compared to the consensus estimate of $595.31 million. The GEO Group had a net margin of 5.10% and a trailing twelve-month return on equity of 10.09%. During the same quarter in the previous year, the business posted $0.60 earnings per share.

What ETFs hold The GEO Group's stock?: ETFs with the largest weight of The GEO Group (NYSE:GEO) stock in their portfolio include Invesco S&P SmallCap Value with Momentum ETF (XSVM).First Trust Small Cap Value AlphaDEX Fund (FYT).
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).
Who are The GEO Group's major shareholders?: The GEO Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (4.63%), Charles Schwab Investment Management Inc. (2.34%), Thompson Siegel & Walmsley LLC (1.18%), Schonfeld Strategic Advisors LLC (1.08%), Northern Trust Corp (1.01%) and Bank of New York Mellon Corp (0.91%). Insiders that own company stock include George C Zoley, James H Black, James H Black, Scott Michael Kernan 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.

This page (NYSE:GEO) was last updated on 12/3/2023 by MarketBeat.com Staff

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The GEO Group Stock Price, News & Analysis (NYSE:GEO)

The GEO Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About The GEO Group Stock (NYSE:GEO)

GEO Stock Price History

GEO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

GEO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™