Analysts Issue Forecasts for Geo Group Q3 Earnings

Geo Group Inc (The) (NYSE:GEO) – Equities research analysts at Northland Securities lifted their Q3 2026 earnings per share (EPS) estimates for shares of Geo Group in a research note issued to investors on Friday, August 7th. Northland Securities analyst G. Gibas now expects that the real estate investment trust will earn $0.35 per share for the quarter, up from their previous forecast of $0.31. Northland Securities currently has a “Outperform” rating and a $40.00 target price on the stock. The consensus estimate for Geo Group’s current full-year earnings is $1.30 per share. Northland Securities also issued estimates for Geo Group’s Q4 2026 earnings at $0.31 EPS and FY2026 earnings at $1.31 EPS.

Geo Group (NYSE:GEO) last posted its earnings results on Thursday, August 6th. The real estate investment trust reported $0.37 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.08. Geo Group had a return on equity of 10.42% and a net margin of 10.31%.The firm had revenue of $732.07 million during the quarter, compared to the consensus estimate of $721.43 million. During the same period in the prior year, the company earned $0.22 EPS. The company’s quarterly revenue was up 15.1% compared to the same quarter last year.

GEO has been the topic of a number of other reports. Wall Street Zen downgraded shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. JonesTrading increased their price target on shares of Geo Group from $33.00 to $40.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Noble Financial reiterated an “outperform” rating on shares of Geo Group in a research report on Monday. Finally, Zacks Research raised Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $40.00.

Geo Group Price Performance

Geo Group stock opened at $30.65 on Monday. Geo Group has a 52-week low of $12.51 and a 52-week high of $32.25. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 1.00. The firm’s fifty day moving average is $29.41 and its 200 day moving average is $21.84. The company has a market cap of $4.10 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 1.68 and a beta of 0.79.

Hedge Funds Weigh In On Geo Group

Several hedge funds have recently bought and sold shares of GEO. Great Lakes Advisors LLC bought a new stake in shares of Geo Group during the second quarter worth $5,170,000. BlackRock Inc. purchased a new stake in shares of Geo Group during the second quarter valued at $570,744,000. Deutsche Bank AG bought a new position in shares of Geo Group in the second quarter worth about $3,864,000. Global Retirement Partners LLC bought a new position in shares of Geo Group in the second quarter worth about $34,000. Finally, Bank of New York Mellon Corp purchased a new position in Geo Group in the 2nd quarter worth about $23,825,000. Institutional investors own 76.10% of the company’s stock.

Key Geo Group News

Here are the key news stories impacting Geo Group this week:

• Positive Sentiment: Strong-buy momentum recognition: GEO was added to Zacks’ Rank #1 (Strong Buy) momentum list, potentially attracting additional momentum-oriented investors. Best Momentum Stocks to Buy for August 10th
• Positive Sentiment: Price strength and earnings growth: GEO was highlighted among stocks showing recent price gains alongside earnings growth, reinforcing the bullish technical and fundamental narrative. 5 Stocks With Recent Price Strength to Tap August Rally
• Positive Sentiment: Higher earnings expectations: Northland Securities raised its estimate for GEO’s third-quarter earnings, suggesting greater confidence in near-term profitability. Geo Group Q3 EPS Estimate Boosted by Northland Securities
• Positive Sentiment: Analyst review: Sidoti weighed in on GEO’s upcoming third-quarter results, keeping attention focused on the company’s earnings outlook. Sidoti Weighs in on Geo Group’s Q3 Earnings
• Positive Sentiment: Profitable growth outlook: The latest earnings call reportedly pointed to profitable growth, complementing GEO’s recent revenue expansion and earnings beat. Geo Group Inc Earnings Call Signals Profitable Growth
• Positive Sentiment: Industry demand: Rising immigration detentions are contributing to increased revenue opportunities for private-prison operators, including GEO. Private prisons announce $1.4 billion in revenue as immigration detentions climb
• Negative Sentiment: Regulatory and reputational risk: A New Jersey Attorney General investigation into alleged civil-rights violations at Delaney Hall could create legal, operational and reputational risks for GEO. NJ AG launches probe of alleged Delaney Hall civil rights violations

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.