Geo Group (NYSE:GEO) Hits New 52-Week High – Still a Buy?

Geo Group Inc (The) (NYSE:GEO)’s share price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $27.25 and last traded at $27.0360, with a volume of 87925 shares changing hands. The stock had previously closed at $27.03.

Analyst Ratings Changes

Several brokerages have issued reports on GEO. JonesTrading cut their price target 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 report on Tuesday. Finally, Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Geo Group has an average rating of “Moderate Buy” and an average price target of $34.50.

Geo Group Stock Up 1.6%

The firm has a fifty day simple moving average of $21.18 and a 200-day simple moving average of $17.85. The firm has a market cap of $3.82 billion, a price-to-earnings ratio of 14.51 and a beta of 0.87. 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 (NYSE:GEO) last announced its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.10. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The business had revenue of $705.21 million during the quarter, compared to the consensus estimate of $688.89 million. During the same quarter last year, the firm posted $0.14 EPS. The company’s quarterly revenue was up 16.6% on a year-over-year basis. 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, sell-side analysts expect that Geo Group Inc will post 1.2 EPS for the current year.

Institutional Investors Weigh In On Geo Group

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Glenmede Trust Co. NA lifted its holdings in shares of Geo Group by 113.2% during the first quarter. Glenmede Trust Co. NA now owns 25,351 shares of the real estate investment trust’s stock worth $426,000 after buying an additional 13,459 shares in the last quarter. Bank of America Corp DE lifted its holdings in shares of Geo Group by 109.4% during the first quarter. Bank of America Corp DE now owns 346,779 shares of the real estate investment trust’s stock worth $5,829,000 after buying an additional 181,140 shares in the last quarter. Rubric Capital Management LP lifted its holdings in shares of Geo Group by 7.3% during the first quarter. Rubric Capital Management LP now owns 3,743,180 shares of the real estate investment trust’s stock worth $62,923,000 after buying an additional 256,265 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in shares of Geo Group by 304.5% during the first quarter. Quantinno Capital Management LP now owns 176,266 shares of the real estate investment trust’s stock worth $2,963,000 after buying an additional 132,690 shares in the last quarter. Finally, Cooper Creek Partners Management LLC lifted its holdings in shares of Geo Group by 14.2% during the first quarter. Cooper Creek Partners Management LLC now owns 5,314,006 shares of the real estate investment trust’s stock worth $89,328,000 after buying an additional 661,281 shares in the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

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.