The GEO Group (GEO) Releases FY18 Earnings Guidance

The GEO Group (NYSE:GEO) issued an update on its FY18 earnings guidance on Wednesday morning. The company provided EPS guidance of $2.40-2.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.60. The company issued revenue guidance of $2.3 billion, compared to the consensus revenue estimate of $2.29 billion.The GEO Group also updated its Q1 guidance to $0.55-0.57 EPS.

Shares of The GEO Group (NYSE:GEO) opened at $21.00 on Wednesday. The firm has a market capitalization of $2,473.97, a price-to-earnings ratio of 15.56, a P/E/G ratio of 1.66 and a beta of 1.32. The GEO Group has a 52-week low of $19.42 and a 52-week 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 company also recently disclosed a quarterly dividend, which will be paid on Tuesday, February 27th. Investors of record on Friday, February 16th will be given a dividend of $0.47 per share. The ex-dividend date is Thursday, February 15th. This represents a $1.88 dividend on an annualized basis and a yield of 8.95%. The GEO Group’s dividend payout ratio is currently 139.26%.

GEO has been the topic of a number of research reports. Zacks Investment Research upgraded The GEO Group from a sell rating to a hold rating in a research report on Tuesday, October 17th. SunTrust Banks restated a buy rating and set a $32.00 price objective on shares of The GEO Group in a research report on Wednesday, January 31st. TheStreet upgraded The GEO Group from a c+ rating to a b- rating in a research report on Tuesday, November 28th. Finally, ValuEngine lowered The GEO Group from a buy rating to a hold rating in a research report on Friday, February 2nd. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of Hold and an average target price of $33.47.

ILLEGAL ACTIVITY WARNING: “The GEO Group (GEO) Releases FY18 Earnings Guidance” was published by American Banking News and is the property of of American Banking News. If you are reading this news story on another website, it was stolen and republished in violation of U.S. and international trademark and copyright legislation. The legal version of this news story can be read at

The GEO Group Company Profile

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.

Receive News & Ratings for The GEO Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The GEO Group and related companies with's FREE daily email newsletter.

Leave a Reply