Geo Group (NYSE:GEO) Sets New 52-Week High – Here’s What Happened

Geo Group Inc (The) (NYSE:GEO)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $31.72 and last traded at $31.5180, with a volume of 202589 shares. The stock had previously closed at $30.25.

Wall Street Analysts Forecast Growth

Several research firms recently commented on GEO. Weiss Ratings upgraded shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Northland Securities raised their target price on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a report on Friday, June 26th. Wall Street Zen raised shares of Geo Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. Finally, JonesTrading lowered their target price on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $36.50.

Geo Group Trading Down 0.1%

The stock has a market cap of $4.04 billion, a price-to-earnings ratio of 15.28 and a beta of 0.79. The firm’s 50 day moving average is $24.81 and its two-hundred day moving average is $19.31. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06.

Geo Group (NYSE:GEO) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The company had revenue of $705.21 million during the quarter, compared to the consensus estimate of $688.89 million. During the same period in the previous year, the firm posted $0.14 earnings per share. Geo Group’s quarterly revenue was up 16.6% compared to the same quarter last year. 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. Equities analysts anticipate that Geo Group Inc will post 1.2 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of GEO. Covestor Ltd grew its holdings in Geo Group by 16.6% in the 4th quarter. Covestor Ltd now owns 4,533 shares of the real estate investment trust’s stock worth $73,000 after buying an additional 646 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in Geo Group by 22.7% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,866 shares of the real estate investment trust’s stock valued at $65,000 after acquiring an additional 715 shares in the last quarter. Kestra Advisory Services LLC raised its stake in Geo Group by 2.4% during the 1st quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust’s stock valued at $512,000 after acquiring an additional 727 shares in the last quarter. ProShare Advisors LLC boosted its position in Geo Group by 3.0% during the 4th quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock worth $424,000 after acquiring an additional 772 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in Geo Group by 245.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 782 shares during the period. Institutional investors own 76.10% of the company’s stock.

About Geo Group

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.