CenterBook Partners LP Buys Shares of 428,812 Geo Group Inc (The) $GEO

CenterBook Partners LP bought a new stake in Geo Group Inc (The) (NYSE:GEO) during the fourth quarter, Holdings Channel.com reports. The firm bought 428,812 shares of the real estate investment trust’s stock, valued at approximately $6,912,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. boosted its position in Geo Group by 245.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after buying an additional 782 shares in the last quarter. IFP Advisors Inc acquired a new stake in Geo Group in the fourth quarter valued at approximately $30,000. Bayforest Capital Ltd acquired a new stake in Geo Group in the fourth quarter valued at approximately $37,000. Daytona Street Capital LLC acquired a new stake in Geo Group in the fourth quarter valued at approximately $53,000. Finally, NewEdge Advisors LLC boosted its position in Geo Group by 81.9% in the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock valued at $54,000 after buying an additional 839 shares in the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

Geo Group Price Performance

Shares of NYSE:GEO opened at $25.24 on Monday. The firm has a market cap of $3.37 billion, a PE ratio of 12.81 and a beta of 0.86. The firm’s fifty day moving average is $20.31 and its 200-day moving average is $17.49. 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 Inc has a 52 week low of $12.51 and a 52 week high of $27.90.

Geo Group (NYSE:GEO) last announced its 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 net margin of 10.00% and a return on equity of 9.43%. The business had revenue of $705.21 million during the quarter, compared to the consensus estimate of $688.89 million. During the same quarter last year, the firm earned $0.14 earnings per share. Geo Group’s quarterly revenue was up 16.6% on a year-over-year basis. 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. Sell-side analysts predict that Geo Group Inc will post 1.2 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on GEO shares. JonesTrading cut their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a report on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.50.

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.