Rubric Capital Management LP Buys 256,265 Shares of Geo Group Inc (The) $GEO

Rubric Capital Management LP lifted its position in Geo Group Inc (The) (NYSE:GEO) by 7.3% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,743,180 shares of the real estate investment trust’s stock after buying an additional 256,265 shares during the quarter. Rubric Capital Management LP’s holdings in Geo Group were worth $62,923,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Geneos Wealth Management Inc. increased its holdings in Geo Group by 245.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 782 shares during the period. Bessemer Group Inc. boosted its holdings in Geo Group by 111.9% in the 1st quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 910 shares during the period. IFP Advisors Inc purchased a new position in shares of Geo Group during the 4th quarter valued at $30,000. Bayforest Capital Ltd purchased a new position in shares of Geo Group during the 4th quarter valued at $37,000. Finally, Daytona Street Capital LLC bought a new position in shares of Geo Group in the fourth quarter worth $53,000. 76.10% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

GEO has been the topic of a number of recent analyst reports. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Northland Securities boosted their target price on Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, June 26th. Zacks Research upgraded Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a report on Saturday. One 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, the stock presently has an average rating of “Buy” and a consensus price target of $36.50.

Geo Group Trading Up 0.1%

Shares of Geo Group stock opened at $30.94 on Tuesday. 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 Inc has a 1 year low of $12.51 and a 1 year high of $32.25. The firm has a market cap of $4.13 billion, a PE ratio of 15.70, a PEG ratio of 1.84 and a beta of 0.79. The company has a 50 day simple moving average of $27.87 and a two-hundred day simple moving average of $20.88.

Geo Group (NYSE:GEO) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The business had revenue of $705.21 million for the quarter, compared to analysts’ expectations of $688.89 million. During the same quarter in the prior year, the firm earned $0.14 earnings per share. The firm’s revenue was up 16.6% on a year-over-year basis. 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. Analysts expect that Geo Group Inc 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.