Geo Group (NYSE:GEO) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Geo Group (NYSE:GEO) from a buy rating to a hold rating in a report published on Saturday.

A number of other equities research analysts also recently commented on GEO. Zacks Research upgraded Geo Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Northland Securities raised their target price on Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, June 26th. Finally, Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Geo Group currently has an average rating of “Buy” and an average price target of $36.50.

Geo Group Price Performance

Shares of GEO stock opened at $30.94 on Friday. The firm’s 50 day moving average price is $27.87 and its two-hundred day moving average price is $20.88. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. 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 $4.13 billion, a PE ratio of 15.70, a PEG ratio of 1.84 and a beta of 0.79.

Geo Group (NYSE:GEO) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating the consensus estimate of $0.19 by $0.10. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The company had revenue of $705.21 million during the quarter, compared to analysts’ expectations of $688.89 million. During the same quarter in the previous year, the company posted $0.14 EPS. The business’s revenue for the quarter 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. As a group, analysts forecast that Geo Group will post 1.2 EPS for the current year.

Institutional Investors Weigh In On Geo Group

A number of hedge funds have recently modified their holdings of GEO. Rubric Capital Management LP grew its position in shares of Geo Group by 139.5% in the 3rd quarter. Rubric Capital Management LP now owns 2,986,915 shares of the real estate investment trust’s stock valued at $61,202,000 after purchasing an additional 1,739,522 shares during the period. Assenagon Asset Management S.A. acquired a new stake in Geo Group during the 2nd quarter worth approximately $47,605,000. UBS Group AG lifted its stake in Geo Group by 56.5% in the third quarter. UBS Group AG now owns 3,603,288 shares of the real estate investment trust’s stock valued at $73,831,000 after buying an additional 1,300,139 shares in the last quarter. Cooper Creek Partners Management LLC increased its position in shares of Geo Group by 32.7% during the third quarter. Cooper Creek Partners Management LLC now owns 4,974,772 shares of the real estate investment trust’s stock worth $101,933,000 after acquiring an additional 1,224,847 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its holdings in shares of Geo Group by 3,774.9% during the second quarter. Balyasny Asset Management L.P. now owns 781,573 shares of the real estate investment trust’s stock worth $18,719,000 after acquiring an additional 761,403 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

Geo Group Company Profile

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.