Geo Group (NYSE:GEO) Rating Increased to Buy at Wall Street Zen

Geo Group (NYSE:GEO) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

GEO has been the subject of a number of other research reports. Northland Securities lifted their price objective on shares of Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday. Weiss Ratings upgraded shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Finally, JonesTrading decreased their price target on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a report on Friday, March 20th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $36.50.

Geo Group Trading Up 3.6%

NYSE:GEO opened at $30.39 on Friday. The company has a market cap of $4.06 billion, a PE ratio of 15.42 and a beta of 0.87. The business’s 50 day moving average is $23.68 and its two-hundred day moving average is $18.84. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06. Geo Group has a 52 week low of $12.51 and a 52 week high of $30.58.

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. increased its position in 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 worth $26,000 after buying an additional 782 shares during the period. Bessemer Group Inc. boosted its holdings in shares of 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 acquiring an additional 910 shares during the period. IFP Advisors Inc bought a new position in shares of Geo Group during the fourth quarter worth about $30,000. Bayforest Capital Ltd bought a new position in shares of Geo Group during the fourth quarter worth about $37,000. Finally, Daytona Street Capital LLC acquired a new stake in shares of Geo Group in the 4th quarter worth about $53,000. 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.