Geo Group (NYSE:GEO) Stock Passes Above 200 Day Moving Average – Here’s Why

Geo Group Inc (The) (NYSE:GEO)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $19.88 and traded as high as $30.94. Geo Group shares last traded at $30.2310, with a volume of 1,216,015 shares.

Wall Street Analyst Weigh In

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

Geo Group Stock Down 0.8%

The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $4.04 billion, a PE ratio of 15.35, a price-to-earnings-growth ratio of 1.81 and a beta of 0.79. The business’s 50-day moving average price is $26.14 and its 200-day moving average price is $19.88.

Geo Group (NYSE:GEO) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating analysts’ consensus estimates 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%. The firm’s revenue was up 16.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.14 earnings per share. 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 research analysts predict that Geo Group Inc will post 1.2 EPS for the current fiscal year.

Hedge Funds Weigh In On Geo Group

A number of hedge funds have recently modified their holdings of GEO. Geneos Wealth Management Inc. raised its holdings in shares of Geo Group by 245.1% during the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after acquiring an additional 782 shares in the last quarter. Bessemer Group Inc. boosted its position in Geo Group by 111.9% during the first quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 910 shares during the last quarter. IFP Advisors Inc purchased a new position in Geo Group in the fourth quarter valued at about $30,000. Bayforest Capital Ltd purchased a new position in Geo Group in the fourth quarter valued at about $37,000. Finally, Daytona Street Capital LLC purchased a new position in Geo Group in the fourth quarter valued at about $53,000. 76.10% of the stock is owned by institutional investors and hedge funds.

About Geo Group

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.