Geo Group (NYSE:GEO) Reaches New 1-Year High – Still a Buy?

Geo Group Inc (The) (NYSE:GEOGet Free Report)’s stock price reached a new 52-week high during trading on Wednesday . The company traded as high as $27.25 and last traded at $27.0360, with a volume of 87925 shares changing hands. The stock had previously closed at $27.03.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on GEO shares. JonesTrading lowered their price target on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a report on Friday, March 20th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a report on Friday, March 27th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $34.50.

Get Our Latest Stock Report on Geo Group

Geo Group Stock Up 0.2%

The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $3.62 billion, a P/E ratio of 13.74 and a beta of 0.87. The company’s fifty day simple moving average is $20.70 and its 200 day simple moving average is $17.66.

Geo Group (NYSE:GEOGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, topping the consensus estimate of $0.19 by $0.10. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The business had revenue of $705.21 million during the quarter, compared to analyst estimates of $688.89 million. During the same period in the prior year, the business earned $0.14 EPS. The company’s revenue for the quarter was up 16.6% on a year-over-year basis. 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. Research analysts expect that Geo Group Inc will post 1.2 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Geo Group by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 14,894,927 shares of the real estate investment trust’s stock worth $240,106,000 after purchasing an additional 98,742 shares during the period. Turiya Advisors Asia Ltd purchased a new stake in Geo Group in the third quarter worth $115,664,000. Cooper Creek Partners Management LLC grew its stake in Geo Group by 14.2% in the first quarter. Cooper Creek Partners Management LLC now owns 5,314,006 shares of the real estate investment trust’s stock worth $89,328,000 after purchasing an additional 661,281 shares during the period. State Street Corp grew its stake in Geo Group by 2.6% in the fourth quarter. State Street Corp now owns 4,961,725 shares of the real estate investment trust’s stock worth $79,983,000 after purchasing an additional 126,609 shares during the period. Finally, Continental General Insurance Co. grew its stake in Geo Group by 10.1% in the fourth quarter. Continental General Insurance Co. now owns 4,684,474 shares of the real estate investment trust’s stock worth $75,514,000 after purchasing an additional 430,000 shares during the period. 76.10% of the stock is currently owned by institutional investors.

Geo Group Company Profile

(Get Free Report)

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.

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