The GEO Group, Inc. (GEO)
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]
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 StatementsAnalyst 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.
News
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Trump win drives up prison stocks
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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...
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...
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...
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.
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.
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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 ...
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...
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...
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The GEO Group, Inc. (GEO) Q2 2024 Earnings Call Transcript
The GEO Group, Inc. (GEO) Q2 2024 Earnings Call Transcript
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...
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...
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...
Trump Media, gun stocks surge after assassination attempt
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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...
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.
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...
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...