Geo Group (NYSE:GEO) Price Target Cut to $33.00 by Analysts at JonesTrading

Geo Group (NYSE:GEO) had its price objective decreased by JonesTrading from $37.00 to $33.00 in a research note published on Friday morning,Benzinga reports. JonesTrading currently has a buy rating on the real estate investment trust’s stock.

Several other equities analysts have also issued reports on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a report on Monday, December 29th. Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Zacks Research raised Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $34.67.

Geo Group Stock Up 0.3%

NYSE:GEO opened at $16.44 on Friday. The firm’s 50-day moving average price is $15.66 and its 200-day moving average price is $16.99. The company has a market capitalization of $2.21 billion, a PE ratio of 9.03 and a beta of 0.77. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. Geo Group has a 1-year low of $12.51 and a 1-year high of $32.09.

Geo Group (NYSE:GEO) last issued its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.25. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The company had revenue of $707.70 million during the quarter, compared to analysts’ expectations of $667.23 million. During the same period last year, the company posted $0.13 EPS. Geo Group’s revenue was up 16.5% on a year-over-year basis. 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 predict that Geo Group will post 0.83 EPS for the current fiscal year.

Insider Activity at Geo Group

In other news, 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 transaction, the director owned 27,062 shares of the company’s stock, valued at approximately $412,424.88. The trade was a 19.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 5.30% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Y Intercept Hong Kong Ltd purchased a new position in shares of Geo Group during the 3rd quarter worth about $1,283,000. WINTON GROUP Ltd lifted its stake in Geo Group by 836.6% in the third quarter. WINTON GROUP Ltd now owns 279,982 shares of the real estate investment trust’s stock worth $5,737,000 after purchasing an additional 250,090 shares during the last quarter. Federated Hermes Inc. lifted its stake in Geo Group by 1,273.1% in the third quarter. Federated Hermes Inc. now owns 293,151 shares of the real estate investment trust’s stock worth $6,007,000 after purchasing an additional 271,802 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Geo Group by 3.4% during the second quarter. Geode Capital Management LLC now owns 3,259,307 shares of the real estate investment trust’s stock valued at $78,076,000 after buying an additional 108,106 shares during the period. Finally, Perpetual Ltd bought a new position in shares of Geo Group during the third quarter valued at approximately $17,268,000. 76.10% of the stock is owned by hedge funds and other institutional investors.

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.