Geo Group Target of Unusually Large Options Trading (NYSE:GEO)

Geo Group Inc (The) (NYSE:GEO) saw unusually large options trading activity on Thursday. Investors acquired 41,019 call options on the company. This is an increase of 582% compared to the average volume of 6,016 call options.

Wall Street Analysts Forecast Growth

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

Geo Group Price Performance

NYSE:GEO opened at $29.41 on Friday. Geo Group has a 1-year low of $12.51 and a 1-year high of $32.25. 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 fifty day simple moving average of $26.84 and a 200 day simple moving average of $20.23. The stock has a market capitalization of $3.93 billion, a PE ratio of 14.93, a P/E/G ratio of 1.76 and a beta of 0.79.

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 company had revenue of $705.21 million for the quarter, compared to analysts’ expectations of $688.89 million. During the same period in the prior year, the firm earned $0.14 EPS. Geo Group’s quarterly revenue 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, research analysts expect that Geo Group will post 1.2 EPS for the current fiscal year.

Hedge Funds Weigh In On Geo Group

Large investors have recently modified their holdings of the stock. Geneos Wealth Management Inc. grew its position in shares of Geo Group by 245.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock valued at $26,000 after purchasing an additional 782 shares during the last quarter. Bessemer Group Inc. boosted its stake in Geo Group by 111.9% in the 1st 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 period. IFP Advisors Inc acquired a new position in Geo Group in the 4th quarter valued at $30,000. NewEdge Advisors LLC increased its position 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 buying an additional 839 shares during the period. Finally, Bayforest Capital Ltd bought a new position in Geo Group during the 4th quarter worth $37,000. 76.10% of the stock is owned by institutional investors.

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.