The GEO Group (NYSE:GEO - Get Free Report) announced its quarterly earnings results on Thursday. The real estate investment trust reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.21 by ($0.08), Zacks reports. The GEO Group had a net margin of 2.00% and a return on equity of 9.20%. The company had revenue of $607.72 million for the quarter, compared to the consensus estimate of $607.45 million. The GEO Group updated its FY 2025 guidance to 0.740-0.880 EPS.
The GEO Group Stock Down 4.2 %
Shares of GEO traded down $1.15 during trading hours on Monday, hitting $26.21. The company had a trading volume of 2,620,091 shares, compared to its average volume of 2,939,065. The firm has a fifty day moving average price of $29.38 and a 200-day moving average price of $22.52. 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 stock has a market capitalization of $3.66 billion, a price-to-earnings ratio of 90.38, a P/E/G ratio of 2.11 and a beta of 0.87. The GEO Group has a 52-week low of $11.50 and a 52-week high of $36.46.
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the stock. Northland Securities boosted their price target on shares of The GEO Group from $16.00 to $37.00 and gave the stock an "outperform" rating in a research report on Friday, November 8th. Noble Financial downgraded shares of The GEO Group from an "outperform" rating to a "market perform" rating in a research report on Monday, November 11th. Finally, Wedbush restated an "outperform" rating on shares of The GEO Group in a research note on Tuesday, December 17th.
Check Out Our Latest Analysis on GEO
The GEO Group Company Profile
(
Get Free Report)
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.
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