Noble Financial Reduces Earnings Estimates for The GEO Group

The GEO Group, Inc. (NYSE:GEO - Free Report) - Stock analysts at Noble Financial cut their Q1 2025 earnings per share estimates for The GEO Group in a research report issued to clients and investors on Wednesday, March 5th. Noble Financial analyst J. Gomes now anticipates that the real estate investment trust will earn $0.20 per share for the quarter, down from their previous estimate of $0.22. Noble Financial has a "Outperform" rating and a $32.00 price target on the stock. The consensus estimate for The GEO Group's current full-year earnings is $0.83 per share. Noble Financial also issued estimates for The GEO Group's Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.25 EPS, FY2025 earnings at $0.96 EPS and FY2026 earnings at $1.85 EPS.

The GEO Group (NYSE:GEO - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The real estate investment trust reported $0.13 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.08). The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. The firm had revenue of $607.72 million for the quarter, compared to the consensus estimate of $607.45 million.

GEO has been the topic of a number of other reports. Northland Securities lifted their price target on The GEO Group from $16.00 to $37.00 and gave the stock an "outperform" rating in a report on Friday, November 8th. Wedbush reiterated an "outperform" rating on shares of The GEO Group in a research note on Tuesday, December 17th.

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The GEO Group Stock Performance

Shares of The GEO Group stock traded down $1.51 during mid-day trading on Thursday, hitting $24.02. 4,935,988 shares of the stock were exchanged, compared to its average volume of 2,713,101. The company has a market capitalization of $3.37 billion, a P/E ratio of 82.82, a P/E/G ratio of 2.11 and a beta of 0.91. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.10 and a current ratio of 1.10. The company has a 50-day simple moving average of $29.23 and a 200 day simple moving average of $22.65. The GEO Group has a 12 month low of $11.75 and a 12 month high of $36.46.

Hedge Funds Weigh In On The GEO Group

Institutional investors have recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of The GEO Group in the third quarter valued at $25,000. NewEdge Advisors LLC purchased a new stake in The GEO Group in the 4th quarter worth about $29,000. SRS Capital Advisors Inc. raised its stake in The GEO Group by 160.0% in the 4th quarter. SRS Capital Advisors Inc. now owns 1,170 shares of the real estate investment trust's stock valued at $33,000 after acquiring an additional 720 shares during the period. Smartleaf Asset Management LLC lifted its holdings in The GEO Group by 149.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,527 shares of the real estate investment trust's stock valued at $42,000 after purchasing an additional 915 shares during the last quarter. Finally, Morse Asset Management Inc purchased a new stake in The GEO Group during the third quarter valued at about $67,000. Hedge funds and other institutional investors own 76.10% of the company's stock.

The GEO Group Company Profile

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.