Geo Group (NYSE:GEO) Stock Crosses Above 200-Day Moving Average – Here’s What Happened

Shares of Geo Group Inc (The) (NYSE:GEO) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $16.96 and traded as high as $23.82. Geo Group shares last traded at $23.5420, with a volume of 1,293,202 shares traded.

Analyst Ratings Changes

GEO has been the subject of several research analyst reports. JonesTrading lowered their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a research note on Friday, March 27th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Geo Group currently has an average rating of “Moderate Buy” and a consensus price target of $34.50.

Geo Group Price Performance

The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75. The company has a market capitalization of $3.15 billion, a PE ratio of 11.95 and a beta of 0.82. The stock’s 50 day simple moving average is $19.01 and its 200-day simple moving average is $16.96.

Geo Group (NYSE:GEO) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.10. The company had revenue of $705.21 million for the quarter, compared to analyst estimates of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. During the same period in the prior year, the firm 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. As a group, equities analysts forecast that Geo Group Inc will post 1.2 earnings per share for the current fiscal year.

Insider Transactions at Geo Group

In related news, Director Scott Michael Kernan sold 6,633 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total transaction of $101,086.92. Following the sale, the director directly owned 27,062 shares in the company, 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 accessible through the SEC website. 4.98% of the stock is owned by company insiders.

Hedge Funds Weigh In On Geo Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Covestor Ltd raised its stake in shares of Geo Group by 18.9% during the third quarter. Covestor Ltd now owns 3,887 shares of the real estate investment trust’s stock worth $80,000 after purchasing an additional 617 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Geo Group by 22.7% during the first quarter. Public Employees Retirement System of Ohio now owns 3,866 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 715 shares during the last quarter. Kestra Advisory Services LLC raised its stake in shares of Geo Group by 2.4% during the first quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust’s stock worth $512,000 after purchasing an additional 727 shares during the last quarter. ProShare Advisors LLC raised its stake in shares of Geo Group by 3.0% during the fourth quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock worth $424,000 after purchasing an additional 772 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Geo Group by 245.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 782 shares during the last quarter. 76.10% of the stock is owned by institutional investors and hedge funds.

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.