The GEO Group, Inc. (GEO)

NYSE: GEO · IEX Real-Time Price · USD
14.68
-0.39 (-2.62%)
Apr 25, 2024, 12:40 PM EDT - Market open
-2.62%
Market Cap 1.87B
Revenue (ttm) 2.41B
Net Income (ttm) 107.33M
Shares Out 127.62M
EPS (ttm) 0.72
PE Ratio 20.40
Forward PE 15.39
Dividend n/a
Ex-Dividend Date n/a
Volume 980,117
Open 14.72
Previous Close 15.07
Day's Range 14.57 - 14.83
52-Week Range 6.94 - 16.31
Beta 0.60
Analysts Buy
Price Target 22.00 (+49.92%)
Earnings Date May 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 $107.33 million, a decrease of -37.53%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for GEO stock is "Buy" and the 12-month stock price forecast is $22.0.

Price Target
$22.0
(49.92% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

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

2 days ago - Business Wire

The GEO Group Closes Senior Notes Offering and New Term Loan

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO” or the “Company”) announced today that it has closed a private offering of $1.275 billion aggregate principal amount of senior notes...

6 days ago - Business Wire

The GEO Group Enters Into Private Exchange Agreements With Certain 6.50% Convertible Senior Noteholders

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced that it has entered into private exchange agreements with certain holders (the "Noteholders") of GEO Co...

20 days ago - Business Wire

The GEO Group Prices Senior Notes Offering and New Term Loan

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) ("GEO" or the "Company") announced today that it has priced a private offering of $1.275 billion aggregate principal amount of senior notes...

20 days ago - Business Wire

The GEO Group Announces Senior Notes Offering

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) ("GEO" or the "Company") announced today that it is proposing, subject to market and other customary conditions, to issue $1.2 billion aggr...

22 days ago - Business Wire

The GEO Group Announces Commencement of Refinancing Process

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO” or the "Company"), announced the commencement of a refinancing process for its Tranche 1 and Tranche 2 term loans (collectively, the...

24 days ago - Business Wire

The GEO Group Announces Five-Year Contract to Provide Air Operations Support Services for U.S. Immigration and Customs Enforcement

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) announced today that its wholly-owned subsidiary, GEO Transport, Inc. (“GTI”) has been awarded a five-year contract, inclusive of o...

6 weeks ago - Business Wire

The GEO Group Reports Fourth Quarter and Full Year 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...

2 months ago - Business Wire

The GEO Group Delivers Notice of Redemption for Remaining Senior Notes Due 2024

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 $23,253,000 in outstanding aggregate principal...

2 months ago - Business Wire

The GEO Group Announces Date for Fourth Quarter 2023 Earnings Release and Conference Call

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2023 financial results on Thursday, February 15, 2024 before the market opens. GEO has schedul...

3 months ago - Business Wire

The GEO Group Amends Senior Revolving Credit Facility

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO” or the “Company”) announced today the closing of a Refinancing Revolving Credit Commitments Amendment ("Amendment") to its Credit Ag...

4 months ago - Business Wire

The GEO Group Announces Senior Management Changes

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that following discussions between GEO and its Chief Executive Officer, Jose Gordo, the part...

5 months ago - Business Wire

The GEO Group Reports Third 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...

6 months ago - Business Wire

The GEO Group Announces Date for Third Quarter 2023 Earnings Release and Conference Call

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its third quarter 2023 financial results on Tuesday, November 7, 2023 before the market opens. GEO has scheduled ...

6 months ago - Business Wire

The GEO Group Publishes Fifth 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 fifth annual Human Rights and Environmental, Social & Governance (ESG) report....

7 months ago - Business Wire

Levi & Korsinsky, LLP and Freedman Normand Friedland LLP Announce Notice of Pendency and Settlement Involving Purchasers of GEO Group, Inc. Common Stock

FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--The following Notice of Pendency and Settlement involving purchasers of GEO Group, Inc. Common Stock is being issued by Levi & Korsinsky, LLP and Freedman Norman...

9 months ago - Business Wire

The Geo Group Reports Second 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...

9 months ago - Business Wire

The GEO Group Announces Date for Second Quarter 2023 Earnings Release and Conference Call

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its second quarter 2023 financial results on Wednesday, August 9, 2023 before the market opens. GEO has scheduled...

10 months ago - Business Wire

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...

1 year ago - Business Wire

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 ...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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.

Other symbols: CXW
1 year ago - Barrons