Geo Group (NYSE:GEO) Sets New 12-Month High – Here’s What Happened

Geo Group Inc (The) (NYSE:GEO) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $31.72 and last traded at $31.5180, with a volume of 202589 shares changing hands. The stock had previously closed at $30.25.

Analysts Set New Price Targets

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

Geo Group Trading Down 2.5%

The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 14.71 and a beta of 0.79. The business has a fifty day moving average price of $25.24 and a 200 day moving average price of $19.50.

Geo Group (NYSE:GEO) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. The firm had revenue of $705.21 million for the quarter, compared to analysts’ expectations of $688.89 million. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The firm’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.14 earnings per share. 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. As a group, equities analysts forecast that Geo Group Inc will post 1.2 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. grew its stake in Geo Group by 245.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after buying an additional 782 shares during the period. Bessemer Group Inc. lifted its holdings in shares of Geo Group by 111.9% during the 1st quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 910 shares in the last quarter. IFP Advisors Inc acquired a new position in shares of Geo Group during the 4th quarter valued at $30,000. Bayforest Capital Ltd purchased a new stake in Geo Group during the 4th quarter worth $37,000. Finally, Daytona Street Capital LLC purchased a new stake in Geo Group during the 4th quarter worth $53,000. 76.10% of the stock is owned by institutional investors and hedge funds.

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.