Geo Group (NYSE:GEO) Director Scott Michael Kernan Sells 6,633 Shares

Geo Group Inc (The) (NYSE:GEO) Director Scott Michael Kernan sold 6,633 shares of Geo Group stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total value of $101,086.92. Following the completion of the transaction, the director directly owned 27,062 shares of the company’s stock, valued at approximately $412,424.88. This represents a 19.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Geo Group Stock Down 3.8%

Shares of GEO traded down $0.56 during mid-day trading on Friday, hitting $14.36. 7,614,346 shares of the company’s stock were exchanged, compared to its average volume of 2,439,451. The stock’s 50-day moving average is $15.93 and its 200-day moving average is $17.44. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.01 and a current ratio of 2.01. Geo Group Inc has a fifty-two week low of $12.51 and a fifty-two week high of $32.09. The company has a market cap of $1.93 billion, a price-to-earnings ratio of 7.89 and a beta of 0.77.

Geo Group (NYSE:GEO) last posted its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.25. Geo Group had a return on equity of 8.36% and a net margin of 9.67%.The business had revenue of $707.70 million for the quarter, compared to analyst estimates of $667.23 million. During the same quarter in the prior year, the company earned $0.13 earnings per share. The company’s revenue was up 16.5% on a year-over-year basis. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. On average, sell-side analysts anticipate that Geo Group Inc will post 0.83 earnings per share for the current fiscal year.

Institutional Trading of Geo Group

A number of hedge funds have recently added to or reduced their stakes in GEO. Geneos Wealth Management Inc. increased its stake in Geo Group by 245.1% in the 2nd 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 during the period. IFP Advisors Inc acquired a new position in shares of Geo Group during the fourth quarter worth about $30,000. Bayforest Capital Ltd purchased a new position in Geo Group during the fourth quarter worth about $37,000. Daytona Street Capital LLC purchased a new position in Geo Group during the fourth quarter worth about $53,000. Finally, NewEdge Advisors LLC boosted its holdings in Geo Group by 81.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock valued at $54,000 after purchasing an additional 839 shares in the last quarter. 76.10% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently weighed in on GEO. Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research note on Monday, December 29th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Zacks Research raised Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Finally, JonesTrading reduced their price objective on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Geo Group presently has an average rating of “Moderate Buy” and a consensus target price of $34.67.

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.