Lee Danner & Bass Inc. Increases Stock Position in Geo Group Inc (The) $GEO

Lee Danner & Bass Inc. increased its holdings in Geo Group Inc (The) (NYSE:GEO) by 158.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 685,500 shares of the real estate investment trust’s stock after acquiring an additional 420,000 shares during the quarter. Lee Danner & Bass Inc. owned approximately 0.52% of Geo Group worth $11,523,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of GEO. Geneos Wealth Management Inc. boosted its stake in Geo Group by 245.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 782 shares during the period. IFP Advisors Inc acquired a new position in Geo Group in the fourth quarter valued at $30,000. Bayforest Capital Ltd purchased a new stake in shares of Geo Group in the fourth quarter valued at about $37,000. Daytona Street Capital LLC purchased a new stake in shares of Geo Group in the fourth quarter valued at about $53,000. Finally, NewEdge Advisors LLC boosted its stake in shares of Geo Group by 81.9% during the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 839 shares during the period. 76.10% of the stock is owned by institutional investors and hedge funds.

Geo Group Trading Down 0.5%

Shares of GEO opened at $30.09 on Friday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.06. The firm’s 50-day moving average is $24.81 and its two-hundred day moving average is $19.30. Geo Group Inc has a twelve month low of $12.51 and a twelve month high of $30.68. The firm has a market capitalization of $4.02 billion, a P/E ratio of 15.27 and a beta of 0.79.

Geo Group (NYSE:GEO) last released its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.10. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The business had revenue of $705.21 million for the quarter, compared to analysts’ expectations of $688.89 million. During the same quarter in the prior year, the firm posted $0.14 EPS. The company’s revenue was up 16.6% compared to the same quarter last year. Geo Group has set its FY 2026 guidance at 1.150-1.250 EPS and its Q2 2026 guidance at 0.250-0.290 EPS. On average, research analysts predict that Geo Group Inc will post 1.2 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GEO. JonesTrading lowered their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Northland Securities upped their price objective on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Finally, Wall Street Zen upgraded Geo Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Geo Group has a consensus rating of “Moderate Buy” and an average target price of $36.50.

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.