The GEO Group, Inc. (GEO)

NYSE: GEO · Real-Time Price · USD
27.81
-0.59 (-2.08%)
At close: Nov 20, 2024, 4:00 PM
27.38
-0.43 (-1.55%)
Pre-market: Nov 21, 2024, 5:16 AM EST
-2.08%
Market Cap 3.78B
Revenue (ttm) 2.42B
Net Income (ttm) 36.09M
Shares Out 136.08M
EPS (ttm) 0.27
PE Ratio 101.43
Forward PE 23.49
Dividend n/a
Ex-Dividend Date n/a
Volume 2,371,397
Open 28.33
Previous Close 28.40
Day's Range 27.22 - 28.60
52-Week Range 9.38 - 28.60
Beta 0.62
Analysts Buy
Price Target 33.00 (+18.66%)
Earnings Date Nov 7, 2024

About GEO

The GEO Group, Inc. (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and trans... [Read more]

Sector Industrials
IPO Date Jul 26, 1994
Employees 16,400
Stock Exchange NYSE
Ticker Symbol GEO
Full Company Profile

Financial Performance

In 2023, The GEO Group's revenue was $2.41 billion, an increase of 1.53% compared to the previous year's $2.38 billion. Earnings were $89.10 million, a decrease of -37.46%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for GEO stock is "Buy." The 12-month stock price forecast is $33.0, which is an increase of 18.66% from the latest price.

Price Target
$33.0
(18.66% upside)
Analyst Consensus: Buy
Stock Forecasts

News

These Stocks Are Outperforming Tesla As The Biggest Trump Trade Winners

Tesla may be the highest-profile stock market winner over the last week, but there are several stocks which have outperformed the Elon Musk-led car company thanks to similar optimism about macro condi...

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9 days ago - Forbes

Why private prison stocks are surging after Tom Homan's appointment as ‘border czar'

Private prison stocks experienced significant gains on Monday after President-elect Donald Trump announced the appointment of Tom Homan, a former Immigration and Customs Enforcement (ICE) head, as his...

Other symbols: CXW
9 days ago - Invezz

Private prison stocks jump on Trump appointment of immigration hardliner Tom Homan

Private prison stocks Geo Group and CoreCivic rose Monday after President-elect Donald Trump chose Tom Homan as his "border czar." Homan told a conservative conference in July that he "will run the bi...

Other symbols: CXW
9 days ago - CNBC

My Portfolio's Biggest Winners And Losers From A Republican Sweep

The election's swift resolution led to a sharp market reaction; S&P 500 rose ~4.5%, but REITs were weighed down by rising Treasury rates. Trump's victory is seen as inflationary, benefiting REIT funda...

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11 days ago - Seeking Alpha

Overlooked Stocks: AXON, GEO

George Tsilis joins Overlooked Stocks to talk Axon Enterprise (AXON) and GEO, which he calls Trump trades. Axon makes tasers and body cameras, while GEO Group (GEO) runs private prisons.

Other symbols: AXON
12 days ago - Schwab Network

Trump win drives up prison stocks

CNBC's Eamon Javers joins 'The Exchange' to report on prison stocks moving higher since Trump's victory, in part based on his deportation plan.

Other symbols: CXW
12 days ago - CNBC Television

The GEO Group, Inc. (GEO) Q3 2024 Earnings Call Transcript

The GEO Group, Inc. (NYSE:GEO) Q3 2024 Earnings Conference Call November 7, 2024 11:00 AM ET Company Participants Pablo Paez – Executive Vice President-Corporate Relations George Zoley – Executive Ch...

13 days ago - Seeking Alpha

Geo Group and CoreCivic move guidance in opposite directions, a day after both prison stocks soared

Prison operators GEO Group and CoreCivic moved their guidance in opposition directions on Thursday, after both companies' stock had surged in anticipation of higher immigrant detentions by President-e...

Other symbols: CXW
13 days ago - Market Watch

The GEO Group Reports Third Quarter 2024 Results

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as...

13 days ago - Business Wire

Prison Stocks Geo Group, CoreCivic Rally On Trump 2024 Election Win: History Shows The Gains May Not Last

Among the biggest winners Wednesday morning are prison stocks Geo Group GEO and CoreCivic CXW, moving positively to the news that Donald Trump won the 2024 presidential election.

Other symbols: CXW
14 days ago - Benzinga

Prison stocks jump on expectations of more detentions

Shares of GEO Group and CoreCivic surged on Wednesday in expectation that President-elect Donald Trump's administration will detain more immigrants in facilities run by the companies.

Other symbols: CXW
14 days ago - Market Watch

5 Stocks to Buy for a Trump Presidency

The race for the White House is heating up and these five stocks are set to benefit if Donald Trump claims victory.

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4 weeks ago - Kiplinger

The GEO Group Publishes Sixth Annual Human Rights and ESG Report

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) published today the Company's sixth annual Human Rights and Environmental, Social & Governance (“ESG”) report. The report includes ...

6 weeks ago - Business Wire

The GEO Group Announces Exercise of Five-Year Option Period for Adelanto ICE Processing Center Contract

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) announced today that U.S. Immigration and Customs Enforcement (“ICE”) has exercised the five-year option period extending the contr...

6 weeks ago - Business Wire

The GEO Group Announces Date for Third Quarter 2024 Earnings Release and Conference Call

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its third quarter 2024 financial results on Thursday, November 7, 2024 before the market opens. GEO has scheduled...

7 weeks ago - Business Wire

20 stocks the bears can't easily short — and that's why you shouldn't buy them

Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.

3 months ago - Market Watch

The GEO Group, Inc. (GEO) Q2 2024 Earnings Call Transcript

The GEO Group, Inc. (GEO) Q2 2024 Earnings Call Transcript

3 months ago - Seeking Alpha

The GEO Group Reports Second Quarter 2024 Results

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of support services for secure facilities, processing centers, and reentry centers, as well as enhanced i...

3 months ago - Business Wire

GEO Group: Golden Opportunity Following The 32% Selloff

GEO Group is set to release their Q2 2024 earnings results on August 7, 2024, pre-market. 32% selloff since mid-July, anticipating a net loss in Q2 in the range of $27 million to $30 million. New 5-ye...

3 months ago - Seeking Alpha

The GEO Group Announces Extension of Exchange Offer

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO” or the “Company”) announced today that it has extended its offers to exchange (the “Exchange Offer”) (i) up to $650.0 million aggreg...

4 months ago - Business Wire

Trump Media, gun stocks surge after assassination attempt

Crypto stocks, gun stocks and shares of other companies that could benefit from a Donald Trump presidency jumped on Monday after an assassination attempt on the Republican candidate boosted expectatio...

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4 months ago - Reuters

The GEO Group Announces Date for Second Quarter 2024 Earnings Release and Conference Call

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2024 financial results on Wednesday, August 7, 2024 before the market opens. GEO has scheduled...

4 months ago - Business Wire

Prison Stocks Gain After Presidential Debate: Winners Regardless Of Trump Or Biden In Office?

The stock market is reacting to the first 2024 presidential debate and prison stocks could be the winner based on what was said by the two candidates Thursday night.

Other symbols: CXW
5 months ago - Benzinga

The GEO Group Announces Discontinuation of Lawton Correctional and Rehabilitation Facility Contract in Oklahoma

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today the discontinuation of its contract with the Oklahoma Department of Corrections for the comp...

5 months ago - Business Wire

The GEO Group Announces Appointment of Chief Financial Officer

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today the appointment of Mark J. Suchinski as Senior Vice President and Chief Financial Officer, e...

6 months ago - Business Wire