The GEO Group (GEO) Stock Price, News & Analysis

Company Overview

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. The company was founded in 1984 and is based in Boca Raton, Florida.

Key Stats

• Today's Range: $13.76 to $14.15
• 50-Day Range: $12.13 to $14.22
• 52-Week Range: $8.19 to $18.05
• Volume: 1.65 million shs
• Average Volume: 2.44 million shs
• Market Capitalization: $1.94 billion
• P/E Ratio: 53.50
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Buy

The GEO Group Stock Analysis - MarketRank™

The GEO Group scored higher than 77% of companies evaluated by MarketBeat, and ranked 383rd out of 956 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.5 / 5
• Analyst Rating: Buy

Consensus Rating

The GEO Group has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

The GEO Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 23.08%

Earnings Growth

Earnings for The GEO Group are expected to grow by 23.08% in the coming year, from $0.91 to $1.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of The GEO Group is 53.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.07.

Price to Earnings Ratio vs. Sector

The P/E ratio of The GEO Group is 53.50, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 45.95.

Price to Earnings Growth Ratio

The GEO Group has a PEG Ratio of 1.50. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

The GEO Group has a P/B Ratio of 1.36. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.85% of the outstanding shares of The GEO Group have been sold short.

Short Interest Ratio / Days to Cover

The GEO Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in The GEO Group has recently decreased by 8.66%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

The GEO Group does not currently pay a dividend.

Dividend Growth

The GEO Group does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

3.85% of the outstanding shares of The GEO Group have been sold short.

Short Interest Ratio / Days to Cover

The GEO Group has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in The GEO Group has recently decreased by 8.66%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.09

News Sentiment

The GEO Group has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for The GEO Group this week, compared to 5 articles on an average week.

Search Interest

26 people have searched for GEO on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days.

MarketBeat Follows

5 people have added The GEO Group to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, The GEO Group insiders have bought 5,511.43% more of their company's stock than they have sold. Specifically, they have bought $2,455,000.00 in company stock and sold $43,750.00 in company stock.

Percentage Held by Insiders

Only 5.30% of the stock of The GEO Group is held by insiders.

Percentage Held by Institutions

76.10% of the stock of The GEO Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

GEO Stock Analysis - Frequently Asked Questions

How have GEO shares performed this year?

The GEO Group's stock was trading at $10.83 at the beginning of the year. Since then, GEO stock has increased by 28.4% and is now trading at $13.91.
View the best growth stocks for 2024 here.

How were The GEO Group's earnings last quarter?

The GEO Group, Inc. (NYSE:GEO) announced its quarterly earnings data on Wednesday, August, 7th. The real estate investment trust reported $0.23 EPS for the quarter, missing the consensus estimate of $0.25 by $0.02. The real estate investment trust earned $607.19 million during the quarter, compared to the consensus estimate of $606.16 million. The GEO Group had a trailing twelve-month return on equity of 8.87% and a net margin of 1.92%.

Who are The GEO Group's major shareholders?

Top institutional shareholders of The GEO Group include Sterneck Capital Management LLC (0.02%), Creative Planning (0.01%), GAMMA Investing LLC (0.01%) and Sound Income Strategies LLC. Insiders that own company stock include George C Zoley, James H Black, Shayn P March and Scott Michael Kernan.
View institutional ownership trends.

How do I buy shares of The GEO Group?

Shares of GEO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of The GEO Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that The GEO Group investors own include Zomedica (ZOM), Humana (HUM), American Water Works (AWK), Voyager Therapeutics (VYGR), Waste Connections (WCN), The RMR Group (RMR) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 10/11/2024
• Next Earnings (Confirmed): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: General building contractors - residential buildings
• Sub-Industry: Specialized REITs
• Current Symbol: NYSE:GEO
• CUSIP: 36159R10
• CIK: 923796
• Web: www.geogroup.com
• Phone: (561) 893-0101
• Fax: 972-581-2001
• Employees: 16,400
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $17.00
• Low Stock Price Target: $17.00
• Potential Upside/Downside: +22.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.26
• Trailing P/E Ratio: 53.46
• Forward P/E Ratio: 15.27
• P/E Growth: 1.5
• Net Income: $107.32 million
• Net Margins: 1.92%
• Pretax Margin: 1.50%
• Return on Equity: 8.87%
• Return on Assets: 3.09%

Debt

• Debt-to-Equity Ratio: 1.36
• Current Ratio: 1.26
• Quick Ratio: 1.26

Sales & Book Value

• Annual Sales: $2.41 billion
• Price / Sales: 0.80
• Cash Flow: $2.07 per share
• Price / Cash Flow: 6.73
• Book Value: $10.23 per share
• Price / Book: 1.36

Miscellaneous

• Outstanding Shares: 139,630,000
• Free Float: 132,230,000
• Market Cap: $1.94 billion
• Optionable: Optionable
• Beta: 0.65