Boothbay Fund Management LLC Boosts Stock Position in Geo Group Inc (The) $GEO

Boothbay Fund Management LLC boosted its holdings in shares of Geo Group Inc (The) (NYSE:GEO) by 14.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 728,665 shares of the real estate investment trust’s stock after acquiring an additional 89,729 shares during the quarter. Boothbay Fund Management LLC’s holdings in Geo Group were worth $11,746,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of GEO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings 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 valued at $2,213,000 after acquiring an additional 3,309 shares during the period. NewEdge Advisors LLC boosted its holdings 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 valued at $54,000 after acquiring an additional 839 shares during the period. United Services Automobile Association purchased a new position in Geo Group during the 1st quarter valued at $260,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings 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 valued at $8,324,000 after acquiring an additional 178,622 shares during the period. Finally, Invesco Ltd. boosted its holdings 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 valued at $31,346,000 after acquiring an additional 52,623 shares during the period. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Geo Group Trading Up 1.0%

Shares of NYSE GEO opened at $28.90 on Thursday. 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 business has a fifty day simple moving average of $22.02 and a two-hundred day simple moving average of $18.22. The firm has a market cap of $3.86 billion, a PE ratio of 14.67 and a beta of 0.87. Geo Group Inc has a twelve month low of $12.51 and a twelve month high of $29.64.

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

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. JonesTrading dropped their price objective on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a report on Friday, March 20th. Finally, Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $34.50.

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.