The GEO Group, Inc. (GEO)
NYSE: GEO · IEX Real-Time Price · USD
16.34
-0.37 (-2.21%)
At close: Jul 19, 2024, 4:00 PM
16.05
-0.29 (-1.77%)
Pre-market: Jul 22, 2024, 5:32 AM EDT
The GEO Group Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for The GEO Group stock have an average target of 19.38, with a low estimate of 18.75 and a high estimate of 20. The average target predicts an increase of 18.60% from the current stock price of 16.34.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for The GEO Group stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jones Trading | Jones Trading | Strong Buy Initiates $19 | Strong Buy | Initiates | $19 | +14.75% | Jul 10, 2024 |
| Wedbush | Wedbush | Buy Maintains $22 → $20 | Buy | Maintains | $22 → $20 | +22.40% | May 8, 2024 |
| Wedbush | Wedbush | Buy Maintains $15 → $22 | Buy | Maintains | $15 → $22 | +34.64% | Apr 8, 2024 |
| Wedbush | Wedbush | Buy Reiterates $15 | Buy | Reiterates | $15 | -8.20% | Mar 21, 2024 |
| Wedbush | Wedbush | Buy Reiterates $15 | Buy | Reiterates | $15 | -8.20% | Mar 13, 2024 |
Financial Forecast
Revenue This Year
2.47B
from 2.41B
Increased by 2.15%
Revenue Next Year
2.52B
from 2.47B
Increased by 2.19%
EPS This Year
0.89
from 0.72
Increased by 23.16%
EPS Next Year
1.30
from 0.89
Increased by 46.17%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 2.6B | 2.7B |
| Avg | 2.5B | 2.5B |
| Low | 2.4B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 6.6% | 8.2% |
| Avg | 2.1% | 2.2% |
| Low | -1.5% | -2.8% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.09 | 1.60 |
| Avg | 0.89 | 1.30 |
| Low | 0.48 | 1.11 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 51.7% | 80.0% |
| Avg | 23.2% | 46.2% |
| Low | -33.3% | 24.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.