Sidoti Analysts Boost Earnings Estimates for Geo Group

Geo Group Inc (The) (NYSE:GEO) – Investment analysts at Sidoti raised their Q4 2026 EPS estimates for Geo Group in a report issued on Thursday, October 8th. Sidoti analyst B. Mccarthy now anticipates that the real estate investment trust will post earnings of $0.37 per share for the quarter, up from their previous forecast of $0.30. The consensus estimate for Geo Group’s current full-year earnings is $1.33 per share.

Other equities analysts also recently issued reports about the stock. Zacks Research raised shares of Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Northland Securities raised their price objective on shares of Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, June 26th. UBS Group reaffirmed a “buy” rating on shares of Geo Group in a research report on Tuesday, October 6th. Noble Financial reaffirmed an “outperform” rating on shares of Geo Group in a research report on Monday, August 10th. Finally, JonesTrading reiterated a “buy” rating and set a $40.00 target price on shares of Geo Group in a report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Geo Group has an average rating of “Buy” and an average price target of $40.00.

Geo Group Trading Up 1.5%

Shares of GEO opened at $32.21 on Monday. Geo Group has a 1-year low of $12.51 and a 1-year high of $33.17. 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 firm’s 50-day moving average price is $31.29 and its 200-day moving average price is $26.97. The firm has a market capitalization of $4.24 billion, a price-to-earnings ratio of 15.19, a PEG ratio of 1.70 and a beta of 0.77.

Geo Group (NYSE:GEO) last issued its quarterly earnings data 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. Geo Group had a net margin of 10.31% and a return on equity of 10.42%. The business had revenue of $732.07 million for the quarter, compared to the consensus estimate of $721.43 million. During the same period in the previous year, the firm earned $0.22 EPS. The company’s quarterly revenue was up 15.1% compared to the same quarter last year.

Institutional Trading of Geo Group

A number of hedge funds and other institutional investors have recently modified their holdings of GEO. GAMMA Investing LLC lifted its position in Geo Group by 6.6% during the 3rd quarter. GAMMA Investing LLC now owns 10,098 shares of the real estate investment trust’s stock valued at $308,000 after acquiring an additional 629 shares during the period. Farther Finance Advisors LLC boosted its stake in Geo Group by 164.2% during the third quarter. Farther Finance Advisors LLC now owns 2,587 shares of the real estate investment trust’s stock worth $79,000 after acquiring an additional 1,608 shares in the last quarter. Tidal Investments LLC bought a new stake in Geo Group during the second quarter worth about $644,000. WINTON GROUP Ltd purchased a new stake in Geo Group in the second quarter worth about $322,000. Finally, Engineers Gate Manager LP purchased a new stake in Geo Group in the second quarter worth about $478,000. 76.10% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Geo Group news, VP Matthew Albence sold 11,797 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $31.45, for a total transaction of $371,015.65. Following the completion of the transaction, the vice president owned 87,602 shares of the company’s stock, valued at approximately $2,755,082.90. This trade represents a 11.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Ronald A. Brack sold 7,000 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $32.00, for a total transaction of $224,000.00. Following the sale, the insider owned 71,614 shares in the company, valued at approximately $2,291,648. This trade represents a 8.90% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 28,797 shares of company stock valued at $911,916. 4.98% of the stock is owned by corporate insiders.

Geo Group Company Profile

The GEO Group, Inc (NYSE: GEO) is a provider of correctional, detention and community-reentry services. The company designs, finances, develops and manages secure facilities for federal, state and local government agencies, as well as certain international government clients. Its facilities house individuals in pretrial detention, immigration detention and correctional programs.

GEO also provides correctional and behavioral healthcare, transportation and security services, and electronic monitoring technologies.