Noble Financial Has Optimistic View of Geo Group Q3 Earnings

Geo Group Inc (The) (NYSE:GEO) – Investment analysts at Noble Financial upped their Q3 2026 EPS estimates for shares of Geo Group in a note issued to investors on Monday, August 10th. Noble Financial analyst J. Gomes now expects that the real estate investment trust will post earnings of $0.35 per share for the quarter, up from their previous estimate of $0.31. Noble Financial has a “Outperform” rating on the stock. The consensus estimate for Geo Group’s current full-year earnings is $1.30 per share. Noble Financial also issued estimates for Geo Group’s FY2026 earnings at $1.31 EPS and FY2027 earnings at $1.56 EPS.

Geo Group (NYSE:GEO) last released its earnings results on Thursday, August 6th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.08. The company had revenue of $732.07 million during the quarter, compared to analyst estimates of $721.43 million. Geo Group had a return on equity of 10.42% and a net margin of 10.31%.The company’s revenue for the quarter was up 15.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.22 earnings per share.

A number of other equities research analysts have also commented on GEO. UBS Group restated an “outperform” rating on shares of Geo Group in a research report on Monday. Zacks Research upgraded Geo Group from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Northland Securities increased their price target on shares of Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, June 26th. Wall Street Zen cut shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Weiss Ratings upgraded shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $40.00.

Geo Group Stock Down 0.1%

NYSE:GEO opened at $30.65 on Tuesday. The firm has a market capitalization of $4.10 billion, a price-to-earnings ratio of 14.46, a PEG ratio of 1.68 and a beta of 0.79. Geo Group has a 1-year low of $12.51 and a 1-year high of $32.25. The company has a current ratio of 1.65, a quick ratio of 1.65 and a debt-to-equity ratio of 1.00. The business’s fifty day moving average price is $29.41 and its 200 day moving average price is $21.84.

Institutional Trading of Geo Group

A number of institutional investors have recently added to or reduced their stakes in the business. Covestor Ltd grew its position in Geo Group by 16.6% in the fourth quarter. Covestor Ltd now owns 4,533 shares of the real estate investment trust’s stock worth $73,000 after acquiring an additional 646 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Geo Group by 22.7% in the 1st quarter. Public Employees Retirement System of Ohio now owns 3,866 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 715 shares during the last quarter. Kestra Advisory Services LLC boosted its holdings in Geo Group by 2.4% in 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 in the last quarter. ProShare Advisors LLC lifted its position in shares of Geo Group by 3.0% in the fourth quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock worth $424,000 after buying an additional 772 shares during the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of Geo Group by 245.1% in 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 during the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Geo Group

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

• Positive Sentiment: Analysts raised third-quarter expectations. Northland Securities boosted its Q3 EPS estimate for GEO Group, while Sidoti issued updated commentary ahead of the company’s results. Higher estimates can reinforce the market’s view that the company’s earnings growth is continuing. Geo Group Q3 EPS Estimate Boosted by Northland Securities Sidoti Weighs in on Geo Group’s Q3 Earnings
• Positive Sentiment: Momentum screens continued to favor GEO. Zacks included GEO Group among its Rank #1 “Strong Buy” momentum stocks, citing recent price strength and earnings trends. A separate Zacks list identified GEO as a stock with strong recent gains and earnings growth, potentially attracting momentum-oriented investors. Best Momentum Stocks to Buy for August 10th 5 Stocks With Recent Price Strength to Tap August Rally
• Positive Sentiment: GEO reached a new one-year high. The breakout reflects strong recent buying interest and follows quarterly results that exceeded expectations, including EPS of $0.37 versus a $0.29 consensus estimate and 15.1% year-over-year revenue growth. Geo Group Hits New 1-Year High
• Neutral Sentiment: The earnings call highlighted profitable growth. Management’s commentary supported the bullish earnings narrative, although investors will continue watching occupancy, government contracts, costs and cash flow. Geo Group Earnings Call Signals Profitable Growth
• Neutral Sentiment: Broader analyst-rating information for GEO remains a focus as the stock trades near its valuation and price targets. GEO Group Research Ratings
• Negative Sentiment: Regulatory and legal risks remain. New Jersey’s attorney general opened a probe into alleged civil-rights violations at the Delaney Hall detention facility. Separately, reports of rising immigration detention revenues across private-prison operators could support demand but also increase political and reputational scrutiny of GEO Group. NJ AG Launches Probe of Alleged Delaney Hall Civil Rights Violations Private Prisons Announce $1.4 Billion in Revenue as Immigration Detentions Climb

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.