Geo Group (NYSE:GEO) Price Target Raised to $40.00

Geo Group (NYSE:GEO) had its price objective increased by JonesTrading from $33.00 to $40.00 in a report published on Thursday,Benzinga reports. The firm currently has a buy rating on the real estate investment trust’s stock.

A number of other research firms have also recently commented on GEO. Zacks Research raised Geo Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Northland Securities increased their price objective on shares of Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a report on Friday, June 26th. Wall Street Zen cut shares of Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Finally, Weiss Ratings raised shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $40.00.

Geo Group Price Performance

NYSE:GEO opened at $30.73 on Thursday. The business’s 50-day simple moving average is $29.27 and its two-hundred day simple moving average is $21.72. Geo Group has a 52 week low of $12.51 and a 52 week high of $32.25. The stock has a market cap of $4.11 billion, a PE ratio of 14.50, a P/E/G ratio of 1.69 and a beta of 0.79. The company has a quick ratio of 1.75, a current ratio of 1.65 and a debt-to-equity ratio of 1.00.

Geo Group (NYSE:GEO) last released its quarterly earnings data on Thursday, August 6th. The real estate investment trust reported $0.37 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.08. Geo Group had a return on equity of 10.42% and a net margin of 10.31%.The firm had revenue of $732.07 million during the quarter, compared to analyst estimates of $721.43 million. During the same quarter in the prior year, the company posted $0.22 earnings per share. The business’s quarterly revenue was up 15.1% compared to the same quarter last year. As a group, analysts forecast that Geo Group will post 1.3 EPS for the current fiscal year.

Institutional Investors Weigh In On Geo Group

A number of hedge funds have recently made changes to their positions in GEO. Cooper Creek Partners Management LLC grew its holdings in Geo Group by 14.2% during the 1st quarter. Cooper Creek Partners Management LLC now owns 5,314,006 shares of the real estate investment trust’s stock valued at $89,328,000 after buying an additional 661,281 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Geo Group by 0.7% during the 4th quarter. Vanguard Group Inc. now owns 14,894,927 shares of the real estate investment trust’s stock worth $240,106,000 after acquiring an additional 98,742 shares in the last quarter. Militia Capital Management LLC purchased a new stake in shares of Geo Group during the 1st quarter worth approximately $3,634,000. Sei Investments Co. boosted its position in shares of Geo Group by 244.4% during the 1st quarter. Sei Investments Co. now owns 320,412 shares of the real estate investment trust’s stock valued at $5,386,000 after acquiring an additional 227,385 shares during the last quarter. Finally, Kore Advisors LP boosted its position in shares of Geo Group by 16.2% during the 1st quarter. Kore Advisors LP now owns 975,580 shares of the real estate investment trust’s stock valued at $16,400,000 after acquiring an additional 136,201 shares during the last quarter. 76.10% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Geo Group

Here are the key news stories impacting Geo Group this week:

• Positive Sentiment: Second-quarter results beat expectations: GEO reported adjusted earnings of $0.37 per share, above the $0.28–$0.29 consensus range, while revenue rose 15.1% year over year to approximately $732.1 million, exceeding estimates. GEO Group Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: 2026 outlook was raised above analyst expectations: GEO now expects full-year EPS of $1.27–$1.32, compared with consensus of $1.22, and revenue of $3.0 billion–$3.1 billion. Management also projects third-quarter EPS of $0.35–$0.37, above the $0.30 consensus estimate. The GEO Group Reports Second Quarter Results and Updates Full Year 2026 Guidance
• Positive Sentiment: ICE expansion and analyst support are strengthening the growth narrative: GEO is targeting additional ICE facility activations by the end of 2026 and outlined expected 2026 net income of $168 million–$175 million. JonesTrading raised its price target from $33 to $40 and maintained a Buy rating, implying further upside from the referenced price. GEO Outlines 2026 Net Income Guidance
• Neutral Sentiment: Momentum screens highlight continued price strength: Recent performance has substantially outpaced the stock’s longer-term moving average, although such technical signals do not necessarily indicate that the gains will continue. GEO Group Price Strength Analysis
• Negative Sentiment: Some quarterly guidance was weaker: Fourth-quarter EPS guidance of $0.28–$0.31 was below the $0.33 consensus estimate, creating a modest counterpoint to the otherwise favorable outlook. GEO is also facing questions from lawmakers regarding alleged violations at its Moshannon Valley facility, which could present reputational or regulatory risk. Questions Regarding Moshannon Valley Processing Center

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.