JonesTrading Lowers Geo Group (NYSE:GEO) Price Target to $33.00

Geo Group (NYSE:GEO) had its target price cut by analysts at JonesTrading from $37.00 to $33.00 in a report released on Friday,Benzinga reports. The firm currently has a “buy” rating on the real estate investment trust’s stock. JonesTrading’s price target points to a potential upside of 100.78% from the stock’s current price.

Several other brokerages also recently issued reports on GEO. Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Zacks Research upgraded Geo Group from a “strong sell” rating to a “hold” rating in a report on Friday, January 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research note on Monday, December 29th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.67.

Geo Group Trading Up 0.3%

Shares of GEO stock opened at $16.44 on Friday. Geo Group has a 12-month low of $12.51 and a 12-month high of $32.09. The company has a market capitalization of $2.21 billion, a P/E ratio of 9.03 and a beta of 0.77. The firm has a 50-day moving average price of $15.66 and a 200 day moving average price of $16.96. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.10.

Geo Group (NYSE:GEO) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share for the quarter, hitting the consensus estimate of $0.25. The firm had revenue of $707.70 million for the quarter, compared to analysts’ expectations of $667.23 million. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The company’s quarterly revenue was up 16.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.13 earnings per share. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. Research analysts forecast that Geo Group will post 0.83 earnings per share for the current fiscal year.

Insider Transactions at Geo Group

In other Geo Group news, Director Scott Michael Kernan sold 6,633 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total transaction of $101,086.92. Following the transaction, the director directly owned 27,062 shares in the company, valued at approximately $412,424.88. This represents a 19.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 5.30% of the company’s stock.

Institutional Investors Weigh In On Geo Group

Institutional investors and hedge funds have recently modified their holdings of the business. Y Intercept Hong Kong Ltd acquired a new stake in Geo Group during the 3rd quarter worth $1,283,000. WINTON GROUP Ltd lifted its stake in shares of Geo Group by 836.6% in the 3rd quarter. WINTON GROUP Ltd now owns 279,982 shares of the real estate investment trust’s stock valued at $5,737,000 after purchasing an additional 250,090 shares during the period. Federated Hermes Inc. lifted its stake in shares of Geo Group by 1,273.1% in the 3rd quarter. Federated Hermes Inc. now owns 293,151 shares of the real estate investment trust’s stock valued at $6,007,000 after purchasing an additional 271,802 shares during the period. Geode Capital Management LLC boosted its position in shares of Geo Group by 3.4% in the 2nd quarter. Geode Capital Management LLC now owns 3,259,307 shares of the real estate investment trust’s stock worth $78,076,000 after purchasing an additional 108,106 shares during the last quarter. Finally, Perpetual Ltd bought a new position in shares of Geo Group in the 3rd quarter worth $17,268,000. 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.