CenterBook Partners LP Invests $6.91 Million in Geo Group Inc (The) $GEO

CenterBook Partners LP bought a new position in shares of Geo Group Inc (The) (NYSE:GEO) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 428,812 shares of the real estate investment trust’s stock, valued at approximately $6,912,000. CenterBook Partners LP owned 0.31% of Geo Group at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Los Angeles Capital Management LLC bought a new position in shares of Geo Group during the fourth quarter worth approximately $359,000. Havemeyer Place LP bought a new position in shares of Geo Group during the fourth quarter worth approximately $583,000. CIBC Asset Management Inc bought a new position in shares of Geo Group during the fourth quarter worth approximately $205,000. Goldman Sachs Group Inc. increased its holdings in shares of Geo Group by 6.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,608,579 shares of the real estate investment trust’s stock worth $74,290,000 after purchasing an additional 261,179 shares during the period. Finally, AXQ Capital LP bought a new position in shares of Geo Group during the fourth quarter worth approximately $263,000. 76.10% of the stock is owned by institutional investors.

Geo Group Stock Performance

NYSE GEO opened at $25.24 on Monday. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 12.81 and a beta of 0.86. The firm’s 50 day simple moving average is $20.31 and its 200 day simple moving average is $17.49. Geo Group Inc has a 1 year low of $12.51 and a 1 year high of $27.90.

Geo Group (NYSE:GEO) last posted its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.10. The business had revenue of $705.21 million for the quarter, compared to analyst estimates of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter last year, the business posted $0.14 EPS. Geo Group has set its FY 2026 guidance at 1.150-1.250 EPS and its Q2 2026 guidance at 0.250-0.290 EPS. As a group, research analysts expect that Geo Group Inc will post 1.2 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently commented on the stock. JonesTrading lowered their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a research report on Friday, March 27th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.50.

Geo Group 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.