Geo Group (NYSE:GEO) Reaches New 12-Month High – Still a Buy?

Geo Group Inc (The) (NYSE:GEO) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $30.08 and last traded at $29.70, with a volume of 2981886 shares traded. The stock had previously closed at $29.28.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. JonesTrading lowered their price target on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research note on Friday, March 20th. Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Geo Group presently has an average rating of “Hold” and an average price target of $33.00.

Geo Group Trading Up 1.4%

The company has a market cap of $3.97 billion, a price-to-earnings ratio of 15.08 and a beta of 0.86. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a fifty day moving average price of $22.72 and a 200 day moving average price of $18.50.

Geo Group (NYSE:GEO) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.10. The business had revenue of $705.21 million during the quarter, compared to analysts’ expectations of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The firm’s revenue was up 16.6% on a year-over-year basis. During the same period last year, the business earned $0.14 earnings per share. Geo Group has set its FY 2026 guidance at 1.150-1.250 EPS and its Q2 2026 guidance at 0.250-0.290 EPS. As a group, equities analysts predict that Geo Group Inc will post 1.2 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Geo Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,766 shares of the real estate investment trust’s stock valued at $2,213,000 after purchasing an additional 3,309 shares during the last quarter. NewEdge Advisors LLC increased its position in Geo Group by 81.9% during the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 839 shares during the last quarter. United Services Automobile Association bought a new stake in Geo Group in the first quarter valued at approximately $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Geo Group by 168.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 284,975 shares of the real estate investment trust’s stock valued at $8,324,000 after buying an additional 178,622 shares during the period. Finally, Invesco Ltd. lifted its position in shares of Geo Group by 4.2% in the second quarter. Invesco Ltd. now owns 1,308,817 shares of the real estate investment trust’s stock valued at $31,346,000 after buying an additional 52,623 shares during the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Geo Group Company Profile

The GEO Group (NYSE:GEO) is a leading provider of correctional, detention and community reentry services to government agencies around the world. As a real estate investment trust, the company specializes in the design, financing, development and operation of secure facilities for adult and juvenile offenders, immigration detainees and individuals requiring mental health treatment or substance abuse programming. GEO’s integrated service model also encompasses electronic monitoring, rehabilitative programming and post-release supervision aimed at reducing recidivism and enhancing public safety.

GEO’s portfolio spans a range of facility types, including medium- and maximum-security correctional institutions, residential reentry centers, mental health treatment units and immigration detention centers.