Wall Street Zen Downgrades Geo Group (NYSE:GEO) to Hold

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

GEO has been the topic of several other research reports. Zacks Research upgraded shares of Geo Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Northland Securities upped their price target on shares of Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, June 26th. Finally, Weiss Ratings raised shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $36.50.

Geo Group Trading Down 0.6%

Shares of NYSE:GEO opened at $30.89 on Friday. The business’s 50 day moving average price is $27.71 and its 200-day moving average price is $20.75. Geo Group has a 1 year low of $12.51 and a 1 year high of $32.25. The firm has a market capitalization of $4.13 billion, a price-to-earnings ratio of 15.68, a price-to-earnings-growth ratio of 1.84 and a beta of 0.79. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75.

Geo Group (NYSE:GEO) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, topping the consensus estimate of $0.19 by $0.10. The company had revenue of $705.21 million during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the previous year, the firm 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, equities research analysts forecast that Geo Group will post 1.2 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Geo Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its position in Geo Group by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 14,894,927 shares of the real estate investment trust’s stock worth $240,106,000 after acquiring an additional 98,742 shares during the period. Cooper Creek Partners Management LLC raised its position in Geo Group by 14.2% in the first quarter. Cooper Creek Partners Management LLC now owns 5,314,006 shares of the real estate investment trust’s stock valued at $89,328,000 after purchasing an additional 661,281 shares during the period. State Street Corp raised its position in Geo Group by 2.6% in the fourth quarter. State Street Corp now owns 4,961,725 shares of the real estate investment trust’s stock valued at $79,983,000 after purchasing an additional 126,609 shares during the period. Continental General Insurance Co. lifted its stake in shares of Geo Group by 10.1% in the 4th quarter. Continental General Insurance Co. now owns 4,684,474 shares of the real estate investment trust’s stock valued at $75,514,000 after purchasing an additional 430,000 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Geo Group by 6.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 4,608,579 shares of the real estate investment trust’s stock valued at $74,290,000 after purchasing an additional 261,179 shares during the last quarter. 76.10% of the stock is currently owned by institutional investors and hedge funds.

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.