The GEO Group, Inc. (GEO)
| Market Cap | 965.34M |
| Revenue (ttm) | 2.43B |
| Net Income (ttm) | 161.60M |
| Shares Out | 126.02M |
| EPS (ttm) | 1.10 |
| PE Ratio | 6.96 |
| Forward PE | 8.99 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 867,575 |
| Open | 7.69 |
| Previous Close | 7.67 |
| Day's Range | 7.64 - 7.79 |
| 52-Week Range | 5.98 - 12.44 |
| Beta | 0.71 |
| Analysts | Buy |
| Price Target | 11.00 (+43.6%) |
| Earnings Date | Apr 25, 2023 |
About GEO
The GEO Group, Inc. engages in the ownership, leasing, and management of secure facilities, reentry facilities, and processing centers in the United States, Australia, and South Africa. It operates through four segments: U.S. Secure Services, Electronic Monitoring and Supervision Services, Reentry Services, and International Services. The company provides counseling, education, and treatment for alcohol and drug abuse problems at various facilities; and compliance technologies for monitoring services, and evidence-based supervision and treatmen... [Read more]
Financial Performance
In 2022, The GEO Group's revenue was $2.38 billion, an increase of 5.32% compared to the previous year's $2.26 billion. Earnings were $171.81 million, an increase of 121.93%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for GEO stock is "Buy" and the 12-month stock price forecast is $11.0.
News
The GEO Group Reports First Quarter 2023 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...
The GEO Group Announces Date for First Quarter 2023 Earnings Release and Conference Call
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its first quarter 2023 financial results on Tuesday, April 25, 2023 before the market opens. GEO has scheduled a ...
The GEO Group Announces First Ever Community Corrections Contract Award for Wrist-Worn GPS Tracking Device BI VeriWatch™
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) announced today that its wholly-owned subsidiary, BI Incorporated (“BI”), has been awarded a new five-year contract, inclusive of r...
The GEO Group Reports Fourth Quarter and Full Year 2022 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...
The GEO Group Announces Date for Fourth Quarter 2022 Earnings Release and Conference Call
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2022 financial results on Tuesday, February 14, 2023 before the market opens. GEO has schedu...
The GEO Group Signs Contract for Delivery of Primary Health Services in Prisons Across the State of Victoria, Australia
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) announced today that its Australian subsidiary, GEO Australia, has entered into a contract with the Department of Justice and Com...
CoreCivic and Geo Group Fall as Supreme Court Leaves Pandemic-Era Border Controls in Place
The Supreme Court on Tuesday kept pandemic-era border controls in place.
Prison Stocks Get Out of Solitary
The controversial sector gets a lift from ‘Big Short' investor Michael Burry.
Private-prison stock hits two-year high as analysts cite potential for more detention beds, detention alternatives
Shares of private-prison operator GEO Group Inc. jumped to their highest level in roughly two years on Tuesday after Wedbush analysts upgraded the stock, citing a GOP-controlled House, possible change...
Michael Burry's Firm Enters 5 New Positions in 3rd Quarter
Scion Asset Management, the firm founded by Michael Burry, disclosed in a regulatory filing that it boosted its stake in The GEO Group Inc. ( GEO , Financial) and established five new positions during...
'Big Short' investor Michael Burry reveals 5 stocks he bought last quarter - after slashing his portfolio to a single holding
Burry's new bets on the likes of Qurate Retail and Charter Communications lifted the value of his portfolio from about $3 million to over $41 million.
LONG TERM SHAREHOLDER REMINDER: The Schall Law Firm Encourages Investors in The GEO Group, Inc. with Losses to Contact the Firm
LOS ANGELES , Oct. 25, 2022 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The GEO Group, Inc. ...
LONG TERM INVESTOR NOTICE: The Schall Law Firm Encourages Investors in The GEO Group, Inc. with Losses to Contact the Firm
LOS ANGELES, CA / ACCESSWIRE / October 24, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The GEO Group,...
Top University Leaders Shape Common Future for Higher Education at First In-person APRU Senior International Leaders' Meeting in Two Years
HONG KONG--(BUSINESS WIRE)-- #HigherEducation--The Senior International Leaders' Meeting (SILM) 2022, of the Association of Pacific Rim Universities (APRU), successfully concluded on 19 October after ...
The GEO Group Announces Date for Third Quarter 2022 Earnings Release and Conference Call
BOCA RATON, Fla.
The GEO Group Publishes Fourth Annual Human Rights and ESG Report
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) published today the company's fourth annual Human Rights and Environmental, Social & Governance (ESG) report...
The GEO Group Comments on Favorable Ruling by En Banc Panel of U.S. Court of Appeals for the Ninth Circuit Against California's AB32 Law
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) commented today on the favorable ruling by an en banc panel of the U.S. Court of Appeals for the Ninth Circuit (the “En Banc Court”...
The GEO Group Completes $84 Million Asset Sale and Repays Remaining $147 Million in Term Loans Due In 2024
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that it completed the sale of its equity investment interest in the government-owned Ravenha...
The GEO Group Delivers Notice of Redemption for Remaining Senior Notes Due 2023
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) has delivered a notice of redemption for all of the remaining $125,734,000 in outstanding aggregate principa...
LONG TERM SHAREHOLDER ALERT: The Schall Law Firm Encourages Investors in The GEO Group, Inc. with Losses to Contact the Firm
Los Angeles, California--(Newsfile Corp. - August 25, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Th...
The GEO Group Closes Previously Announced Transactions to Address Its Debt Maturities and Strengthen Its Capital Structure
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that on Friday, August 19, 2022, the Company successfully closed the previously announced tr...
Geo Group receives consents for deals that will stagger $2 billion of debt maturities over coming years
The Geo Group Inc. GEO, +3.82% said Wednesday it has received the required consents from its secured and unsecured creditors to close a series of transactions that will extend the maturities of debt t...
The GEO Group Announces Final Results of Its Previously Announced Exchange Offers and Consent Solicitations
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) (“GEO” or the “Company”) today announced the final results of the previously announced Exchange Offers and Consent Solicitations (each...