Havemeyer Place LP Buys Shares of 36,194 Geo Group Inc (The) $GEO

Havemeyer Place LP bought a new stake in Geo Group Inc (The) (NYSE:GEO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 36,194 shares of the real estate investment trust’s stock, valued at approximately $583,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Geneos Wealth Management Inc. raised its stake in shares of Geo Group by 245.1% during the 2nd 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 last quarter. IFP Advisors Inc acquired a new position in shares of Geo Group during the 4th quarter worth $30,000. Bayforest Capital Ltd acquired a new position in shares of Geo Group during the 4th quarter worth $37,000. Daytona Street Capital LLC acquired a new position in shares of Geo Group during the 4th quarter worth $53,000. Finally, NewEdge Advisors LLC raised its stake in shares of Geo Group by 81.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after buying an additional 839 shares during the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GEO. JonesTrading cut their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Geo Group in a research note on Friday, March 27th. Finally, Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Geo Group currently has a consensus rating of “Moderate Buy” and an average target price of $34.50.

Geo Group Trading Up 5.4%

NYSE:GEO opened at $26.67 on Tuesday. The stock has a fifty day simple moving average of $20.49 and a 200-day simple moving average of $17.57. Geo Group Inc has a 52-week low of $12.51 and a 52-week high of $27.90. The company has a market capitalization of $3.56 billion, a PE ratio of 13.54 and a beta of 0.86. 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 (NYSE:GEO) last announced its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share 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 firm had revenue of $705.21 million during the quarter, compared to the consensus estimate of $688.89 million. During the same quarter in the previous year, the company posted $0.14 EPS. The firm’s revenue for the quarter was up 16.6% on a year-over-year basis. 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 expect that Geo Group Inc will post 1.2 earnings per share for the current fiscal year.

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.