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

Geo Group Inc (The) (NYSE:GEO) was the target of some unusual options trading on Tuesday. Traders purchased 28,868 call options on the company. This represents an increase of 360% compared to the average daily volume of 6,277 call options.

Institutional Investors Weigh In On Geo Group

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GEO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Geo Group by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,766 shares of the real estate investment trust’s stock worth $2,213,000 after purchasing an additional 3,309 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of Geo Group by 81.9% in the 1st quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after purchasing an additional 839 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Geo Group in the 1st quarter worth approximately $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Geo Group by 168.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 284,975 shares of the real estate investment trust’s stock worth $8,324,000 after purchasing an additional 178,622 shares during the last quarter. Finally, Invesco Ltd. lifted its holdings in shares of Geo Group by 4.2% in the 2nd quarter. Invesco Ltd. now owns 1,308,817 shares of the real estate investment trust’s stock worth $31,346,000 after purchasing an additional 52,623 shares during the last quarter. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Wall Street Analysts Forecast Growth

GEO has been the topic of several recent analyst reports. Wall Street Zen lowered Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. JonesTrading dropped their target price on Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, March 20th. Finally, Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Geo Group presently has an average rating of “Moderate Buy” and a consensus target price of $34.50.

Geo Group Trading Up 1.0%

Shares of Geo Group stock opened at $28.90 on Thursday. 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 company has a 50-day moving average of $22.02 and a two-hundred day moving average of $18.22. Geo Group has a 12-month low of $12.51 and a 12-month high of $29.64. The stock has a market cap of $3.86 billion, a PE ratio of 14.67 and a beta of 0.87.

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, topping analysts’ consensus estimates of $0.19 by $0.10. The business had revenue of $705.21 million during the quarter, compared to analysts’ expectations of $688.89 million. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The company’s revenue was up 16.6% on a year-over-year basis. During the same period last year, the company 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. On average, research analysts anticipate that Geo Group will post 1.2 EPS for the current fiscal year.

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.