Geo Group Target of Unusually High Options Trading (NYSE:GEO)

Geo Group Inc (The) (NYSE:GEO) saw some unusual options trading activity on Thursday. Investors bought 41,019 call options on the stock. This represents an increase of 582% compared to the typical daily volume of 6,016 call options.

Analyst Ratings Changes

GEO has been the topic of a number of 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. Wall Street Zen raised Geo Group from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. JonesTrading dropped their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. Finally, Northland Securities upped their price objective on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. 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 has an average rating of “Moderate Buy” and a consensus price target of $36.50.

Institutional Investors Weigh In On Geo Group

A number of large investors have recently bought and sold shares of GEO. Geneos Wealth Management Inc. increased its position in 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 buying an additional 782 shares in the last quarter. Bessemer Group Inc. boosted its stake in shares of Geo Group by 111.9% during the first quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock valued at $29,000 after acquiring an additional 910 shares during the last quarter. IFP Advisors Inc acquired a new stake in shares of Geo Group during the fourth quarter valued at $30,000. Bayforest Capital Ltd purchased a new stake in Geo Group during the 4th quarter worth about $37,000. Finally, Daytona Street Capital LLC purchased a new stake in Geo Group during the 4th quarter worth about $53,000. Institutional investors and hedge funds own 76.10% of the company’s stock.

Geo Group Stock Performance

NYSE:GEO traded down $0.22 during mid-day trading on Thursday, reaching $29.60. The stock had a trading volume of 442,851 shares, compared to its average volume of 2,178,546. Geo Group has a twelve month low of $12.51 and a twelve month high of $32.25. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. The firm has a market capitalization of $3.96 billion, a price-to-earnings ratio of 14.97, a PEG ratio of 1.77 and a beta of 0.79. The business has a 50 day simple moving average of $26.52 and a 200 day simple moving average of $20.07.

Geo Group (NYSE:GEO) last announced its 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 during the quarter, compared to analysts’ expectations of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The firm’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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, analysts expect that Geo Group will post 1.2 earnings per share for the current fiscal year.

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.