NYSE:GEO

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

$13.23
+0.52 (+4.09%)
(As of 05/16/2024 ET)
Today's Range
$12.71
$13.56
50-Day Range
$11.86
$15.94
52-Week Range
$6.94
$16.31
Volume
3.07 million shs
Average Volume
2.67 million shs
Market Capitalization
$1.80 billion
P/E Ratio
18.63
Dividend Yield
N/A
Price Target
$17.00

The GEO Group MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
28.5% Upside
$17.00 Price Target
Short Interest
Healthy
15.92% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of The GEO Group in the last 14 days
Based on 29 Articles This Week
Insider Trading
Selling Shares
$37,500 Sold Last Quarter
Proj. Earnings Growth
26.73%
From $1.01 to $1.28 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.86 out of 5 stars

Business Services Sector

70th out of 319 stocks

General Building Contractors - Residential Buildings Industry

3rd out of 3 stocks

GEO stock logo

About The GEO Group Stock (NYSE:GEO)

The GEO Group, Inc. (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects. The company was founded in 1984 and is based in Boca Raton, Florida.

GEO Stock Price History

GEO Stock News Headlines

Beyond The Numbers: 6 Analysts Discuss GEO Group Stock
GEO Group Unusual Options Activity
The GEO Group Inc. Q1 Profit Decreases, misses estimates
The GEO Group Reports First Quarter 2024 Results
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/16/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
General building contractors - residential buildings
Sub-Industry
Specialized REITs
CUSIP
36159R10
Employees
16,400
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$17.00
High Stock Price Target
$20.00
Low Stock Price Target
$14.00
Potential Upside/Downside
+28.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$107.32 million
Pretax Margin
5.36%

Debt

Sales & Book Value

Annual Sales
$2.41 billion
Cash Flow
$2.05 per share
Book Value
$9.60 per share

Miscellaneous

Free Float
129,491,000
Market Cap
$1.80 billion
Optionable
Optionable
Beta
0.59

Social Links

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Key Executives

  • Dr. George C. Zoley Ph.D. (Age 74)
    Founder & Executive Chairman of the Board
    Comp: $2.3M
  • Mr. Brian R. Evans (Age 56)
    Chief Executive Officer
    Comp: $1.28M
  • Mr. Wayne H. Calabrese (Age 73)
    President & COO
    Comp: $1.02M
  • Mr. James H. Black (Age 60)
    SVP, President of Secure Services & President of U.S. Corrections, Detention and International Ops
    Comp: $951.66k
  • Mr. Jose Gordo J.D. (Age 50)
    Advisor
    Comp: $2.04M
  • Mr. Shayn P. March (Age 58)
    Acting CFO, Executive VP of Finance & Treasurer
  • Mr. Ronald A. Brack (Age 62)
    Executive VP, Chief Accounting Officer & Controller
  • Jose Rosario
    Executive VP, Chief Information Officer & Chief Information Security Officer
  • Mr. Joe Negron (Age 62)
    Senior VP, General Counsel & Corporate Secretary
    Comp: $931.92k
  • Daniel H. Ragsdale
    Executive Vice President of Contract Compliance

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 equities research analysts have issued 12-month price targets for The GEO Group's stock. Their GEO share price targets range from $14.00 to $20.00. On average, they expect the company's stock price to reach $17.00 in the next year. This suggests a possible upside of 28.5% 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 2024?

The GEO Group's stock was trading at $10.83 at the start of the year. Since then, GEO shares have increased by 22.2% and is now trading at $13.23.
View the best growth stocks for 2024 here
.

Are investors shorting The GEO Group?

The GEO Group saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 19,210,000 shares, a decrease of 14.9% from the April 15th total of 22,570,000 shares. Based on an average trading volume of 2,780,000 shares, the short-interest ratio is currently 6.9 days. Approximately 15.9% of the company's stock are sold short.
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 Wednesday, August 14th 2024.
View our GEO earnings forecast
.

How were The GEO Group's earnings last quarter?

The GEO Group, Inc. (NYSE:GEO) posted its quarterly earnings results on Tuesday, May, 7th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.01. The real estate investment trust had revenue of $605.67 million for the quarter, compared to the consensus estimate of $603.84 million. The GEO Group had a trailing twelve-month return on equity of 8.88% and a net margin of 4.51%. During the same quarter in the previous year, the company earned $0.22 earnings per share.

Is The GEO Group a good dividend stock?

The GEO Group (NYSE:GEO) pays an annual dividend of $1.00 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 140.85%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, GEO will have a dividend payout ratio of 78.13% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for GEO.

What guidance has The GEO Group issued on next quarter's earnings?

The GEO Group updated its second quarter 2024 earnings guidance on Wednesday, May, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $600.0 million-$610.0 million, compared to the consensus revenue estimate of $608.9 million.

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 a number of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (0.50%), Center Lake Capital Management LLC (0.44%), Invenomic Capital Management LP (0.38%), Beaconlight Capital LLC (0.30%), Simplex Trading LLC (0.00%) and Price T Rowe Associates Inc. MD (0.19%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GEO) was last updated on 5/17/2024 by MarketBeat.com Staff

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