SG Americas Securities LLC Acquires 346,786 Shares of Geo Group Inc (The) $GEO

SG Americas Securities LLC boosted its holdings in Geo Group Inc (The) (NYSE:GEO) by 68.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 850,332 shares of the real estate investment trust’s stock after purchasing an additional 346,786 shares during the period. SG Americas Securities LLC owned about 0.64% of Geo Group worth $14,294,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of GEO. Geneos Wealth Management Inc. raised its stake in shares of Geo Group by 245.1% during the 2nd quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 782 shares during the period. IFP Advisors Inc purchased a new stake in Geo Group during the fourth quarter worth about $30,000. Bayforest Capital Ltd purchased a new stake in Geo Group during the fourth quarter worth about $37,000. Daytona Street Capital LLC bought a new stake in Geo Group in the fourth quarter worth about $53,000. Finally, NewEdge Advisors LLC boosted its stake in Geo Group by 81.9% in the first quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock valued at $54,000 after acquiring an additional 839 shares during the last quarter. Institutional investors own 76.10% of the company’s stock.

Geo Group Stock Performance

Shares of GEO stock opened at $29.25 on Friday. The firm’s 50 day moving average is $23.43 and its 200 day moving average is $18.76. The stock has a market capitalization of $3.91 billion, a P/E ratio of 14.85 and a beta of 0.87. Geo Group Inc has a 12 month low of $12.51 and a 12 month high of $30.40. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.06.

Geo Group (NYSE:GEO) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.10. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The business had revenue of $705.21 million for the quarter, compared to analysts’ expectations of $688.89 million. During the same quarter in the previous year, the firm posted $0.14 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. 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. On average, sell-side analysts anticipate that Geo Group Inc will post 1.2 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Finally, JonesTrading decreased their target price on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research report on Friday, March 20th. One equities research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $33.00.

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.