Geo Group (NYSE:GEO) Raised to Strong-Buy at Zacks Research

Geo Group (NYSE:GEO) was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Several other research analysts have also recently commented on GEO. Northland Securities upped their target price 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. Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Finally, Wall Street Zen upgraded Geo Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, Geo Group currently has an average rating of “Buy” and a consensus target price of $36.50.

Geo Group Stock Performance

GEO stock opened at $31.18 on Monday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.75 and a current ratio of 1.75. The stock has a market capitalization of $4.17 billion, a price-to-earnings ratio of 15.83, a PEG ratio of 1.82 and a beta of 0.79. Geo Group has a 1 year low of $12.51 and a 1 year high of $32.25. The stock’s fifty day moving average is $27.22 and its two-hundred day moving average is $20.46.

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

Hedge Funds Weigh In On Geo Group

Institutional investors and hedge funds have recently bought and sold shares of the stock. Matauro LLC bought a new position in shares of Geo Group in the fourth quarter valued at approximately $1,738,000. SG Americas Securities LLC increased its stake in shares of Geo Group by 1,250.5% during the fourth quarter. SG Americas Securities LLC now owns 503,546 shares of the real estate investment trust’s stock valued at $8,117,000 after acquiring an additional 466,261 shares during the period. Vanguard Group Inc. raised its holdings in Geo Group by 0.7% during 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 purchasing an additional 98,742 shares in the last quarter. Findell Capital Management LLC raised its holdings in Geo Group by 16.1% during the fourth quarter. Findell Capital Management LLC now owns 650,000 shares of the real estate investment trust’s stock worth $10,478,000 after purchasing an additional 90,000 shares in the last quarter. Finally, Boothbay Fund Management LLC lifted its position in Geo Group by 14.0% in the fourth quarter. Boothbay Fund Management LLC now owns 728,665 shares of the real estate investment trust’s stock worth $11,746,000 after purchasing an additional 89,729 shares during the period. Institutional investors 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.