The GEO Group (NYSE:GEO) is scheduled to be issuing its quarterly earnings data before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $0.35 per share for the quarter.
The GEO Group (NYSE GEO) opened at $19.80 on Wednesday. The firm has a market cap of $2,460.00, a PE ratio of 14.56, a PEG ratio of 1.79 and a beta of 1.32. The GEO Group has a 1-year low of $19.73 and a 1-year high of $34.32. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 2.05.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 27th. Stockholders of record on Friday, February 16th will be issued a dividend of $0.47 per share. The ex-dividend date is Thursday, February 15th. This represents a $1.88 annualized dividend and a dividend yield of 9.49%. The GEO Group’s payout ratio is currently 138.24%.
GEO has been the topic of several recent analyst reports. ValuEngine lowered shares of The GEO Group from a “buy” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research lowered shares of The GEO Group from a “hold” rating to a “sell” rating in a report on Thursday, November 2nd. SunTrust Banks reiterated a “buy” rating and set a $32.00 price objective on shares of The GEO Group in a report on Wednesday, January 31st. Finally, TheStreet upgraded shares of The GEO Group from a “c+” rating to a “b-” rating in a report on Tuesday, November 28th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $33.47.
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About The GEO Group
The GEO Group, Inc is a real estate investment trust (REIT) specializing in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa, the United Kingdom and Canada.
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