The GEO Group, Inc. (GEO)
| Market Cap | 698.16M |
| Revenue (ttm) | 2.35B |
| Net Income (ttm) | 113.03M |
| Shares Out | 119.72M |
| EPS (ttm) | 0.94 |
| PE Ratio | 6.44 |
| Forward PE | 6.39 |
| Dividend | $1.78 |
| Dividend Yield | 29.42% |
| Trading Day | May 10 |
| Last Price | $6.05 |
| Previous Close | $5.74 |
| Change ($) | 0.31 |
| Change (%) | 5.40% |
| Day's Open | 5.93 |
| Day's Range | 5.89 - 6.38 |
| Day's Volume | 5,327,070 |
| 52-Week Range | 5.46 - 13.40 |
The prison operator reported earnings, which actually weren't as bad as expected. But there's still a lot going on here.
Geo Group (GEO) delivered FFO and revenue surprises of 25.00% and -0.61%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a fully integrated equity real estate investment trust (“REIT”) and a leading provider of enhanced in-custody rehabilitation, ...
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its first quarter 2021 financial results on Monday, May 10, 2021 before the market opens. GEO has scheduled a confe...
The GEO Group, Inc. (NYSE:GEO) is a prison operator structured as a real estate investment trust (REIT). It describes itself as specializing in the design, financing, development and operation of secure...
So what did the stock market do today? Investors watched infrastructure stocks and gun stocks as President Joe Biden shapes policy plans.
GEO Group suspended quarterly dividends and CoreCivic will be issuing new senior notes, both in an attempt to reduce debt. Investors haven't responded with enthusiasm.
Shares of the private prison operator tumbled after the company suspended its dividend.
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today that its Board of Directors (the “Board”) has immediately suspended GEO's quarterly dividend payments with the ...
Nobody likes overvalued stocks with diminishing business potential.
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The GEO Group's share price has tumbled over the past 12 months, and it may have further to fall.
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today that the U.S. Marshals Service (“USMS”) has notified GEO of a non-renewal of the contract for the company-owned...
Shares of the prison owner got hit hard after it announced earnings. Here's a look at what got investors so upset.
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that its wholly-owned subsidiary, GEO Corrections Holdings, Inc. (“GEOCH”), has closed its pre...
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today the pricing of the offering by its wholly-owned subsidiary, GEO Corrections Holdings, Inc. (“G...
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today that its subsidiary, GEO Corrections Holdings, Inc. (“GEOCH”), intends, subject to market and other customary c...
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a fully integrated equity real estate investment trust (“REIT”) and a leading provider of enhanced in-custody rehabilitation, ...
To top it all off, this change will take years to play out. Investors may be overestimating the damage Biden's EO will do for prison stocks.
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter and full-year 2020 financial results on Tuesday, February 16, 2021 before the market opens. GEO ...
Executive orders and memorandums are targeting the private prison industry.
The news out of Washington D.C. was bad but perhaps not as bad as some investors feared.
President Biden plans to curtail the U.S. government's use of private prisons.
The GEO Group (NYSE: GEO) and CoreCivic (NYSE: CXW) shares are trading lower on Tuesday after President Joe Biden signed four executive orders including prison reform. Biden directed the Attorney Genera...
President Joe Biden will end private prison contracts, which is something that President and here are some jail stocks that are getting slammed on the news
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) ("GEO") announced today the tax treatment of its 2020 dividend distributions. The following table summarizes, for income tax purposes, ...
The market's perception is that the "blue wave" is a negative for GEO Group. History suggests that the last time we had a blue wave, GEO thrived.
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today that the Federal Bureau of Prisons has decided to not exercise the contract renewal option for the company-owne...
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) ("GEO") announced that on January 15, 2021, its Board of Directors declared a quarterly cash dividend of $0.25 per share. The quarterly...
Today we share our Christmas shopping list. 2020 was a challenging year, Make sure you build up your income stream for 2021.
Bonds provide an opportunity to collect interest instead of dividends. Dividends are voluntary, however bond interest is a required payment that's "owed."
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today that the Federal Bureau of Prisons has decided to not rebid the contract for the company-owned, 1,450-bed River...
GEO was seen by many as a speculation bet on the election. With Biden the presumed victor, we take a look at what his policies might mean for GEO.
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The GEO Group, Inc. (GEO) CEO George Zoley on Q3 2020 Results - Earnings Call Transcript
Geo Group (GEO) delivered FFO and revenue surprises of 11.67% and -0.24%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a fully integrated equity real estate investment trust (“REIT”) and a leading provider of evidence-based offender rehabilitati...
A Biden presidency may prove challenging to some cash-strapped companies that may as well raise money now while there's still doubt about who will be in the White House come January.
About GEO
The GEO Group (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO is a leading provider of enhanced in-custody rehabilitation, post-release support, electronic monitoring, and community-based programs. GEO's worldwide operations include the ownership and/or management of 123 facilities totaling approximately 9... [Read more...]
| Industry REIT-Healthcare Facilities | IPO Date Jul 26, 1994 |
| CEO George Zoley | Employees 20,430 |
| Stock Exchange NYSE | Ticker Symbol GEO |
Financial Performance
In 2020, GEO Group's revenue was $2.35 billion, a decrease of -5.16% compared to the previous year's $2.48 billion. Earnings were $113.03 million, a decrease of -32.15%.
Analyst Forecasts
According to one analyst, the rating for GEO Group stock is "Strong Buy" and the 12-month stock price forecast is 15.00.