60,600 Shares in Geo Group Inc (The) $GEO Bought by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System acquired a new position in Geo Group Inc (The) (NYSE:GEO) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 60,600 shares of the real estate investment trust’s stock, valued at approximately $1,019,000.

Several other institutional investors have also recently added to or reduced their stakes in GEO. Sterneck Capital Management LLC raised its holdings in shares of Geo Group by 12.6% during the first quarter. Sterneck Capital Management LLC now owns 21,656 shares of the real estate investment trust’s stock worth $364,000 after purchasing an additional 2,419 shares during the period. SG Americas Securities LLC lifted its position in shares of Geo Group by 68.9% in the 1st quarter. SG Americas Securities LLC now owns 850,332 shares of the real estate investment trust’s stock worth $14,294,000 after buying an additional 346,786 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in shares of Geo Group by 15.2% in the 4th quarter. Hsbc Holdings PLC now owns 32,246 shares of the real estate investment trust’s stock valued at $519,000 after buying an additional 4,245 shares during the period. River Road Asset Management LLC grew its position in shares of Geo Group by 7.0% during the 4th quarter. River Road Asset Management LLC now owns 622,904 shares of the real estate investment trust’s stock valued at $10,041,000 after buying an additional 40,894 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Geo Group by 41.2% during the 4th quarter. Invesco Ltd. now owns 1,872,184 shares of the real estate investment trust’s stock valued at $30,180,000 after buying an additional 545,814 shares during the last quarter. Institutional investors own 76.10% of the company’s stock.

Geo Group Stock Down 0.5%

Geo Group stock opened at $30.09 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. Geo Group Inc has a one year low of $12.51 and a one year high of $30.68. The company has a 50-day simple moving average of $24.81 and a 200-day simple moving average of $19.30. The firm has a market capitalization of $4.02 billion, a P/E ratio of 15.27 and a beta of 0.79.

Geo Group (NYSE:GEO) last issued its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.10. The firm had revenue of $705.21 million for the quarter, compared to the consensus estimate of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. Geo Group’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period last year, the firm 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, equities analysts expect that Geo Group Inc will post 1.2 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on GEO shares. Northland Securities raised their target price on shares of Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, June 26th. Wall Street Zen raised Geo Group from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Finally, JonesTrading cut their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Geo Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.50.

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.