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%.
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 MarketBeat.com's FREE daily email newsletter.