Geo Group (NYSE:GEO) Reaches New 52-Week High – Should You Buy?

Geo Group Inc (The) (NYSE:GEO)’s share price reached a new 52-week high during mid-day trading on Wednesday. The company traded as high as $33.31 and last traded at $33.0420, with a volume of 871,116 shares trading hands. The stock had previously closed at $31.94.

Geo Group News Roundup

These are some of the GEO news items that stood out recently:

• Positive Sentiment: Analysts raised earnings forecasts across multiple periods. Northland lifted its FY2027 EPS estimate to $2.36 from $1.54; Noble raised its FY2027 estimate to $2.06 from $1.56 and its Q4 2026 estimate to $0.40 from $0.30. Sidoti also increased its FY2027 and FY2028 forecasts. The revisions suggest improving expectations for future earnings.
• Positive Sentiment: A report cited a sector-wide rally as a factor in GEO’s recent advance, indicating that industry momentum may also be supporting the shares. GEO Group Jumps Amid Sector-Wide Rally
• Negative Sentiment: Protesters gathered at the company’s Charlotte headquarters to demand an end to its ICE detention contracts. The demonstrations highlight potential reputational and political pressure, but the reports do not indicate that contracts have been canceled. Protesters Target GEO Group’s Charlotte Headquarters

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on GEO shares. UBS Group reissued a “buy” rating on shares of Geo Group in a research note on Tuesday, October 6th. Wall Street Zen downgraded shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Zacks Research upgraded Geo Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. JonesTrading raised their price objective on Geo Group from $40.00 to $42.75 and gave the company a “buy” rating in a research note on Thursday, November 5th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Geo Group in a report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, Geo Group currently has a consensus rating of “Buy” and an average target price of $41.38.

Geo Group Price Performance

The firm has a market cap of $4.31 billion, a P/E ratio of 26.04, a PEG ratio of 1.50 and a beta of 0.78. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.71 and a quick ratio of 1.65. The stock’s 50-day simple moving average is $29.98 and its two-hundred day simple moving average is $24.62.

Geo Group (NYSE:GEO) last released its earnings results on Thursday, November 5th. The real estate investment trust reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Geo Group had a net margin of 5.74% and a return on equity of 11.44%. The firm had revenue of $761.06 million during the quarter, compared to analyst estimates of $770.87 million. During the same quarter last year, the business earned $0.25 EPS. The business’s revenue was up 11.5% on a year-over-year basis. Equities research analysts forecast that Geo Group Inc will post 1.44 earnings per share for the current fiscal year.

Insider Transactions at Geo Group

In other Geo Group news, VP Matthew Albence sold 11,797 shares of the business’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $31.45, for a total transaction of $371,015.65. Following the completion of the transaction, the vice president owned 87,602 shares in the company, valued at $2,755,082.90. The trade was a 11.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Ronald A. Brack sold 7,000 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $32.00, for a total value of $224,000.00. Following the transaction, the insider directly owned 71,614 shares in the company, valued at approximately $2,291,648. This represents a 8.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 28,797 shares of company stock worth $911,916 over the last three months. 4.98% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Geo Group

A number of large investors have recently bought and sold shares of the business. Public Sector Pension Investment Board purchased a new stake in shares of Geo Group during the third quarter valued at $15,306,000. Global Retirement Partners LLC increased its stake in Geo Group by 377.1% in the 3rd quarter. Global Retirement Partners LLC now owns 5,534 shares of the real estate investment trust’s stock worth $169,000 after buying an additional 4,374 shares during the period. Russell Investments Group Ltd. lifted its holdings in Geo Group by 13.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 93,303 shares of the real estate investment trust’s stock valued at $2,843,000 after buying an additional 11,001 shares in the last quarter. Maryland State Retirement & Pension System lifted its holdings in Geo Group by 49.4% during the 3rd quarter. Maryland State Retirement & Pension System now owns 28,664 shares of the real estate investment trust’s stock valued at $873,000 after buying an additional 9,483 shares in the last quarter. Finally, Illinois Municipal Retirement Fund boosted its position in Geo Group by 16.4% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 67,758 shares of the real estate investment trust’s stock valued at $2,065,000 after buying an additional 9,564 shares during the period. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Geo Group Company Profile

The GEO Group, Inc. provides government services focused on corrections, detention and community-based supervision. Its services include operating secure facilities and processing centers, managing community reentry programs, and providing electronic monitoring and supervision technology for individuals in the community. The company serves federal, state and local government agencies, primarily in the United States. Its work also includes related services such as secure transportation and support programs for people transitioning from incarceration back into the community.