Scott Michael Kernan Sells 6,633 Shares of Geo Group (NYSE:GEO) Stock

Geo Group Inc (The) (NYSE:GEO) Director Scott Michael Kernan sold 6,633 shares of the business’s stock in a transaction that occurred on Wednesday, March 4th. The stock was sold at an average price of $15.24, for a total transaction of $101,086.92. Following the sale, the director owned 27,062 shares of the company’s stock, valued at $412,424.88. This represents a 19.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Geo Group Trading Down 3.8%

Shares of Geo Group stock opened at $14.36 on Friday. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.10. The company has a fifty day simple moving average of $15.90 and a 200-day simple moving average of $17.36. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of 7.89 and a beta of 0.77. Geo Group Inc has a 12-month low of $12.51 and a 12-month high of $32.09.

Geo Group (NYSE:GEO) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The firm had revenue of $707.70 million for the quarter, compared to analyst estimates of $667.23 million. During the same period last year, the business earned $0.13 EPS. Geo Group’s revenue for the quarter was up 16.5% compared to the same quarter last year. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. On average, equities analysts forecast that Geo Group Inc will post 0.83 EPS for the current fiscal year.

Institutional Investors Weigh In On Geo Group

A number of institutional investors and hedge funds have recently made changes to their positions in GEO. Hodges Capital Management Inc. lifted its holdings in shares of Geo Group by 58.1% during the second quarter. Hodges Capital Management Inc. now owns 448,374 shares of the real estate investment trust’s stock worth $10,739,000 after purchasing an additional 164,760 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Geo Group in the 3rd quarter valued at $1,283,000. Federated Hermes Inc. increased its stake in Geo Group by 1,273.1% in the 3rd quarter. Federated Hermes Inc. now owns 293,151 shares of the real estate investment trust’s stock valued at $6,007,000 after buying an additional 271,802 shares during the period. First Dallas Securities Inc. purchased a new position in Geo Group during the 2nd quarter worth $401,000. Finally, Geode Capital Management LLC raised its position in Geo Group by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 3,259,307 shares of the real estate investment trust’s stock worth $78,076,000 after buying an additional 108,106 shares during the last quarter. 76.10% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

GEO has been the subject of several research reports. JonesTrading reduced their target price on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a report on Friday, February 13th. Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research note on Monday, December 29th. Wall Street Zen lowered Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Zacks Research upgraded Geo Group from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Geo Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.67.

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.