Wedbush Issues Negative Estimate for The GEO Group Earnings

The GEO Group, Inc. (NYSE:GEO) – Equities research analysts at Wedbush cut their Q2 2025 earnings per share estimates for shares of The GEO Group in a report released on Thursday, May 8th. Wedbush analyst J. Mccanless now anticipates that the real estate investment trust will earn $0.16 per share for the quarter, down from their prior forecast of $0.18. Wedbush has a “Outperform” rating and a $36.00 price target on the stock. The consensus estimate for The GEO Group’s current full-year earnings is $0.83 per share. Wedbush also issued estimates for The GEO Group’s FY2025 earnings at $0.84 EPS.

A number of other equities analysts have also issued reports on GEO. Jones Trading decreased their price objective on The GEO Group from $55.00 to $50.00 and set a “buy” rating for the company in a report on Thursday. Noble Financial reissued an “outperform” rating on shares of The GEO Group in a research note on Monday, March 24th. UBS Group set a $35.00 price objective on shares of The GEO Group in a report on Monday, March 24th. Finally, StockNews.com upgraded shares of The GEO Group from a “sell” rating to a “hold” rating in a research report on Friday. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, The GEO Group currently has an average rating of “Moderate Buy” and a consensus target price of $38.00.

The GEO Group Price Performance

Shares of NYSE:GEO opened at $25.22 on Friday. The firm’s 50 day moving average is $28.31 and its two-hundred day moving average is $27.53. The firm has a market capitalization of $3.56 billion, a P/E ratio of 86.97, a PEG ratio of 2.11 and a beta of 0.80. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.25. The GEO Group has a 52 week low of $11.75 and a 52 week high of $36.46.

The GEO Group (NYSE:GEO) last released its quarterly earnings results on Wednesday, May 7th. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.04). The firm had revenue of $604.65 million for the quarter, compared to the consensus estimate of $611.81 million. The GEO Group had a return on equity of 9.20% and a net margin of 2.00%. During the same quarter in the prior year, the company posted $0.14 EPS.

Insider Transactions at The GEO Group

In related news, EVP Shayn P. March sold 7,500 shares of the firm’s stock in a transaction dated Thursday, March 27th. The stock was sold at an average price of $30.00, for a total transaction of $225,000.00. Following the completion of the transaction, the executive vice president now owns 67,469 shares of the company’s stock, valued at $2,024,070. This trade represents a 10.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On The GEO Group

Several large investors have recently made changes to their positions in GEO. Nisa Investment Advisors LLC boosted its holdings in The GEO Group by 91.9% during the fourth quarter. Nisa Investment Advisors LLC now owns 859,528 shares of the real estate investment trust’s stock worth $24,050,000 after buying an additional 411,565 shares in the last quarter. RoundAngle Advisors LLC bought a new stake in shares of The GEO Group during the 4th quarter worth $806,000. Pinnbrook Capital Management LP bought a new stake in shares of The GEO Group during the 4th quarter worth $4,837,000. Wells Fargo & Company MN grew its holdings in shares of The GEO Group by 17.2% in the 4th quarter. Wells Fargo & Company MN now owns 106,488 shares of the real estate investment trust’s stock worth $2,980,000 after acquiring an additional 15,663 shares during the last quarter. Finally, State of New Jersey Common Pension Fund D acquired a new stake in shares of The GEO Group during the fourth quarter worth $2,068,000. Institutional investors own 76.10% of the company’s stock.

The GEO Group Company Profile

The GEO Group, Inc (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects.