Charles Schwab Investment Management Inc. Increases Stake in Geo Group Inc (The) $GEO

Charles Schwab Investment Management Inc. increased its holdings in shares of Geo Group Inc (The) (NYSE:GEO) by 4.1% in the fourth quarter, Holdings Channel reports. The firm owned 2,104,444 shares of the real estate investment trust’s stock after acquiring an additional 83,595 shares during the period. Charles Schwab Investment Management Inc.’s holdings in Geo Group were worth $33,924,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of GEO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Geo Group by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 75,766 shares of the real estate investment trust’s stock worth $2,213,000 after purchasing an additional 3,309 shares in the last quarter. NewEdge Advisors LLC increased its position in 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 purchasing an additional 839 shares in the last quarter. United Services Automobile Association acquired a new stake in Geo Group during the 1st quarter worth approximately $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Geo Group by 168.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 284,975 shares of the real estate investment trust’s stock worth $8,324,000 after purchasing an additional 178,622 shares in the last quarter. Finally, Invesco Ltd. increased its position in Geo Group by 4.2% during the 2nd quarter. Invesco Ltd. now owns 1,308,817 shares of the real estate investment trust’s stock worth $31,346,000 after purchasing an additional 52,623 shares in the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

Geo Group Stock Down 1.9%

Shares of NYSE:GEO opened at $22.95 on Friday. The company has a quick ratio of 2.01, a current ratio of 1.75 and a debt-to-equity ratio of 1.06. Geo Group Inc has a 52-week low of $12.51 and a 52-week high of $27.90. The company has a 50 day moving average of $17.94 and a two-hundred day moving average of $16.69. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 11.65 and a beta of 0.82.

Geo Group (NYSE:GEO) last issued its quarterly earnings data 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. 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 the consensus estimate of $688.89 million. During the same quarter last year, the company earned $0.14 earnings per share. Geo Group’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. As a group, analysts forecast that Geo Group Inc will post 1.2 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 stock in a transaction that occurred 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 sale, the director owned 27,062 shares of the company’s stock, valued at $412,424.88. This trade represents a 19.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.98% of the stock is owned by company insiders.

Analysts Set New Price Targets

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

Geo Group Profile

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.