Geo Group (NYSE:GEO) Upgraded at Zacks Research

Zacks Research upgraded shares of Geo Group (NYSE:GEO) from a hold rating to a strong-buy rating in a research report report published on Monday morning,Zacks.com reports.

A number of other brokerages have also recently issued reports on GEO. 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. Wall Street Zen upgraded Geo Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Finally, Northland Securities raised their target price on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a report on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $36.50.

Geo Group Trading Up 0.6%

Shares of Geo Group stock opened at $31.42 on Monday. The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 15.95, a PEG ratio of 1.85 and a beta of 0.79. 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 12-month low of $12.51 and a 12-month high of $32.25. The firm’s 50-day moving average price is $27.39 and its two-hundred day moving average price is $20.57.

Geo Group (NYSE:GEO) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating the consensus estimate of $0.19 by $0.10. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The company had revenue of $705.21 million during the quarter, compared to analysts’ expectations of $688.89 million. During the same period in the previous year, the company earned $0.14 EPS. The business’s revenue for the quarter was up 16.6% compared to the same quarter last year. 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 forecast that Geo Group will post 1.2 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Geo Group

Several hedge funds and other institutional investors have recently made changes to their positions in GEO. Geneos Wealth Management Inc. lifted its stake in Geo Group by 245.1% in the 2nd 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 during the last quarter. Bessemer Group Inc. boosted its position in Geo Group by 111.9% in the first quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock valued at $29,000 after buying an additional 910 shares in the last quarter. IFP Advisors Inc bought a new stake in shares of Geo Group during the fourth quarter worth $30,000. Bayforest Capital Ltd bought a new stake in shares of Geo Group during the fourth quarter worth $37,000. Finally, Daytona Street Capital LLC acquired a new position in shares of Geo Group during the fourth quarter worth $53,000. 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.