Geo Group Target of Unusually High Options Trading (NYSE:GEO)

Geo Group Inc (The) (NYSE:GEO) saw some unusual options trading activity on Tuesday. Stock investors purchased 28,868 call options on the stock. This is an increase of 360% compared to the typical daily volume of 6,277 call options.

Analyst Ratings Changes

GEO has been the subject of a number of analyst reports. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. JonesTrading cut their price target 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, Wall Street Zen lowered Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.50.

Geo Group Stock Down 0.6%

Shares of Geo Group stock traded down $0.18 on Tuesday, reaching $28.36. The stock had a trading volume of 2,373,245 shares, compared to its average volume of 2,174,231. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06. The stock has a market capitalization of $3.79 billion, a P/E ratio of 14.39 and a beta of 0.86. The company has a 50 day moving average price of $21.60 and a 200 day moving average price of $18.03. Geo Group has a 1 year low of $12.51 and a 1 year high of $28.89.

Geo Group (NYSE:GEO) last posted its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, beating analysts’ consensus estimates 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 quarter in the prior year, the company posted $0.14 earnings per share. Geo Group’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. As a group, equities research analysts forecast that Geo Group will post 1.2 EPS for the current year.

Institutional Investors Weigh In On Geo Group

Several institutional investors have recently added to or reduced their stakes in GEO. Covestor Ltd raised its position in shares of Geo Group by 16.6% in the 4th quarter. Covestor Ltd now owns 4,533 shares of the real estate investment trust’s stock valued at $73,000 after purchasing an additional 646 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in shares of Geo Group by 22.7% during the first quarter. Public Employees Retirement System of Ohio now owns 3,866 shares of the real estate investment trust’s stock worth $65,000 after buying an additional 715 shares during the period. Kestra Advisory Services LLC increased its position in shares of Geo Group by 2.4% in the 1st quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust’s stock valued at $512,000 after acquiring an additional 727 shares during the period. ProShare Advisors LLC raised its stake in Geo Group by 3.0% in the 4th quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock worth $424,000 after acquiring an additional 772 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised 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 worth $26,000 after acquiring an additional 782 shares during the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

Geo Group Company 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.