Geo Group (NYSE:GEO) Stock Price Crosses Above 200 Day Moving Average – Here’s Why

Shares of Geo Group Inc (The) (NYSE:GEO) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $16.85 and traded as high as $17.32. Geo Group shares last traded at $16.7120, with a volume of 1,438,965 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on GEO. Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Geo Group in a research note on Monday, December 29th. JonesTrading reduced 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, Zacks Research upgraded Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $34.50.

Geo Group Trading Down 3.5%

The company has a current ratio of 2.01, a quick ratio of 2.01 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $2.22 billion, a P/E ratio of 9.18 and a beta of 0.77. The business has a 50 day moving average of $15.63 and a 200-day moving average of $16.85.

Geo Group (NYSE:GEO) last announced its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.25. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The firm had revenue of $707.70 million for the quarter, compared to analyst estimates of $667.23 million. During the same quarter in the previous year, the firm posted $0.13 earnings per share. The business’s revenue was up 16.5% on a year-over-year basis. 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. Analysts anticipate that Geo Group Inc will post 0.83 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Scott Michael Kernan sold 6,633 shares of the company’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total value of $101,086.92. Following the completion of the transaction, the director directly owned 27,062 shares of the company’s stock, valued at approximately $412,424.88. This represents a 19.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 5.30% of the company’s stock.

Institutional Trading of Geo Group

Several hedge funds and other institutional investors have recently modified their holdings of GEO. Geneos Wealth Management Inc. lifted its holdings in shares of 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 valued at $26,000 after purchasing an additional 782 shares in the last quarter. IFP Advisors Inc bought a new position in shares of Geo Group during the fourth quarter worth about $30,000. NewEdge Advisors LLC raised its position in 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 valued at $54,000 after buying an additional 839 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in Geo Group in the 4th quarter valued at approximately $37,000. Finally, LSV Asset Management bought a new stake in Geo Group in the 3rd quarter valued at approximately $61,000. Institutional investors and hedge funds own 76.10% of the company’s stock.

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.