JonesTrading Cuts Geo Group (NYSE:GEO) Price Target to $33.00

Geo Group (NYSE:GEO) had its target price lowered by JonesTrading from $37.00 to $33.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage currently has a buy rating on the real estate investment trust’s stock.

GEO has been the topic of several other reports. Zacks Research upgraded shares of Geo Group from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research report on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Geo Group currently has an average rating of “Moderate Buy” and a consensus price target of $34.67.

Geo Group Price Performance

Geo Group stock opened at $16.44 on Friday. The firm has a market capitalization of $2.18 billion, a P/E ratio of 9.03 and a beta of 0.77. Geo Group has a 1 year low of $12.51 and a 1 year high of $32.09. The business has a 50-day moving average of $15.66 and a 200-day moving average of $16.93. The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.10.

Geo Group (NYSE:GEO) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. Geo Group had a return on equity of 8.36% and a net margin of 9.67%.The company had revenue of $707.70 million during the quarter, compared to analysts’ expectations of $667.23 million. During the same period in the prior year, the business posted $0.13 EPS. Geo Group’s revenue was up 16.5% on a year-over-year basis. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. On average, equities analysts anticipate that Geo Group will post 0.83 EPS for the current year.

Insider Buying and Selling

In other Geo Group news, Director Scott Michael Kernan sold 6,633 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total transaction of $101,086.92. Following the sale, the director directly owned 27,062 shares in the company, valued at approximately $412,424.88. This trade represents a 19.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 4.60% of the company’s stock.

Institutional Investors Weigh In On Geo Group

Large investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its position in Geo Group by 245.1% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after acquiring an additional 782 shares in the last quarter. IFP Advisors Inc bought a new position in Geo Group during the 4th quarter worth about $30,000. NewEdge Advisors LLC increased its holdings in Geo Group by 81.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 839 shares in the last quarter. Bayforest Capital Ltd acquired a new stake in shares of Geo Group in the 4th quarter valued at about $37,000. Finally, LSV Asset Management acquired a new stake in shares of Geo Group in the 3rd quarter valued at about $61,000. Institutional investors own 76.10% of the company’s stock.

Geo Group Company Profile

The GEO Group (NYSE:GEO) is a leading provider of correctional, detention and community reentry services to government agencies around the world. As a real estate investment trust, the company specializes in the design, financing, development and operation of secure facilities for adult and juvenile offenders, immigration detainees and individuals requiring mental health treatment or substance abuse programming. GEO’s integrated service model also encompasses electronic monitoring, rehabilitative programming and post-release supervision aimed at reducing recidivism and enhancing public safety.

GEO’s portfolio spans a range of facility types, including medium- and maximum-security correctional institutions, residential reentry centers, mental health treatment units and immigration detention centers.