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Geo Group (NYSE:GEO) declared a quarterly dividend on Wednesday, February 19th, AnalystRatings.NET reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.57 per share on Friday, March 14th. This represents a $2.28 dividend on an annualized basis and a yield of 7.08%.

GEO has been the subject of a number of recent research reports. Analysts at Barclays cut their price target on shares of Geo Group from $45.00 to $39.00 in a research note on Wednesday, January 29th. They now have an “overweight” rating on the stock. Analysts at CRT Capital initiated coverage on shares of Geo Group in a research note on Thursday, January 23rd. They set a “buy” rating and a $41.00 price target on the stock.

Geo Group (NYSE:GEO) opened at 32.19 on Wednesday. Geo Group has a one year low of $30.11 and a one year high of $39.35. The stock has a 50-day moving average of $32.6 and a 200-day moving average of $33.15. The company has a market cap of $2.296 billion and a P/E ratio of 13.08.

Geo Group (NYSE:GEO) last issued its quarterly earnings data on Friday, February 28th. The company reported $0.38 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.39 by $0.01. The company had revenue of $383.55 million for the quarter, compared to the consensus estimate of $380.64 million. On average, analysts predict that Geo Group will post $1.65 earnings per share for the current fiscal year.

The GEO Group, Inc is engaged in ownership, leasing and management of correctional, detention, and re-entry facilities and the provision of community-based services in the United States, Australia, South Africa, the United Kingdom and Canada.

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