Geo Group (NYSE:GEO) Releases Q3 2026 Earnings Guidance

Geo Group (NYSE:GEO) updated its third quarter 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 0.350-0.370 for the period, compared to the consensus estimate of 0.300. The company issued revenue guidance of $755.0 million-$805.0 million, compared to the consensus revenue estimate of $765.1 million. Geo Group also updated its FY 2026 guidance to 1.270-1.320 EPS.

Wall Street Analysts Forecast Growth

GEO has been the topic of several recent research reports. Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Northland Securities increased their target price on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a research report on Friday, June 26th. Zacks Research raised Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, JonesTrading boosted their price target on Geo Group from $33.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $40.00.

Geo Group Stock Down 3.5%

Shares of Geo Group stock traded down $1.09 during trading on Thursday, reaching $30.33. 2,901,801 shares of the company traded hands, compared to its average volume of 1,407,432. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75. Geo Group has a 1-year low of $12.51 and a 1-year high of $32.25. The company has a 50 day moving average price of $29.11 and a 200-day moving average price of $21.65. The firm has a market capitalization of $4.05 billion, a PE ratio of 15.40, a P/E/G ratio of 1.87 and a beta of 0.79.

Geo Group (NYSE:GEO) last posted its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.08. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The business had revenue of $732.07 million during the quarter, compared to analysts’ expectations of $721.43 million. During the same period last year, the company posted $0.22 earnings per share. The business’s quarterly revenue was up 15.1% on a year-over-year basis. As a group, equities research analysts expect that Geo Group will post 1.2 earnings per share for the current fiscal year.

Geo Group News Roundup

Here are the key news stories impacting Geo Group this week:

• Positive Sentiment: Second-quarter results exceeded expectations: GEO reported adjusted earnings of $0.37 per share versus the $0.29 consensus estimate, while revenue rose 15.1% year over year to $732.1 million, ahead of expectations for $721.4 million. The GEO Group Reports Second Quarter Results and Updates Full Year 2026 Guidance
• Positive Sentiment: Full-year guidance was raised above analyst expectations: GEO forecast 2026 earnings of $1.27–$1.32 per share, compared with the $1.22 consensus estimate. Third-quarter EPS guidance of $0.35–$0.37 also exceeds the $0.30 consensus, and the company expects $755 million–$805 million in third-quarter revenue. Geo Group Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Analyst sentiment improved: JonesTrading raised its price target from $33 to $40 and assigned a “buy” rating, implying substantial upside from the recent trading level. Benzinga Analyst Update
• Positive Sentiment: GEO is hiring for a new Colorado facility that ICE is preparing to open, signaling potential additional demand and revenue capacity for the company’s secure-facility services. GEO Group Posts Jobs for Colorado Facility
• Neutral Sentiment: The earnings call and recent performance coverage highlight GEO’s strong results and significant year-to-date stock gains, but also leave investors focused on execution, government contracts and the sustainability of elevated growth. GEO Q2 2026 Earnings Call Transcript
• Negative Sentiment: Fourth-quarter guidance disappointed: GEO projected fourth-quarter EPS of $0.28–$0.31, below the $0.33 analyst consensus. This softer near-term outlook may be outweighing the second-quarter beat and stronger full-year forecast.
• Negative Sentiment: Lawmakers requested answers from ICE and GEO regarding alleged violations at the Moshannon Valley Processing Center, creating regulatory, reputational and contract-related risks. Questions Regarding Moshannon Valley Processing Center

Institutional Investors Weigh In On Geo Group

A number of hedge funds have recently added to or reduced their stakes in GEO. Rubric Capital Management LP grew 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 in the last quarter. UBS Group AG raised its holdings in shares of 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 purchasing an additional 1,300,139 shares during the last quarter. Cooper Creek Partners Management LLC lifted 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 valued at $101,933,000 after purchasing an additional 1,224,847 shares in the last quarter. Balyasny Asset Management L.P. lifted its position 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 valued at $18,719,000 after purchasing an additional 761,403 shares in the last quarter. Finally, Two Sigma Investments LP boosted its holdings in Geo Group by 225.4% during the third quarter. Two Sigma Investments LP now owns 1,034,778 shares of the real estate investment trust’s stock worth $21,203,000 after purchasing an additional 716,805 shares during the last quarter. 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.