Geo Group (NYSE:GEO) Raised to “Strong-Buy” at Zacks Research

Geo Group (NYSE:GEO) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a note issued to investors on Monday,Zacks.com reports.

GEO has been the subject of several other research reports. Weiss Ratings upgraded shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Northland Securities lifted their price objective on shares of Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. Finally, Wall Street Zen raised shares of Geo Group from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, Geo Group currently has an average rating of “Buy” and an average target price of $36.50.

Geo Group Trading Up 1.9%

GEO opened at $31.18 on Monday. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of 15.83, a price-to-earnings-growth ratio of 1.82 and a beta of 0.79. Geo Group has a 52 week low of $12.51 and a 52 week high of $32.25. The business’s 50 day moving average is $27.22 and its two-hundred day moving average is $20.46. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06.

Geo Group (NYSE:GEO) last posted its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.10. The business had revenue of $705.21 million during the quarter, compared to the consensus estimate of $688.89 million. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The company’s revenue was up 16.6% compared to the same quarter last year. During the same period in the prior year, the company 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. On average, research analysts predict that Geo Group will post 1.2 EPS for the current year.

Institutional Inflows and Outflows

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

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.