SG Americas Securities LLC Grows Stake in Geo Group Inc (The) $GEO

SG Americas Securities LLC increased its holdings in Geo Group Inc (The) (NYSE:GEO) by 68.9% during the first quarter, HoldingsChannel reports. The institutional investor owned 850,332 shares of the real estate investment trust’s stock after acquiring an additional 346,786 shares during the quarter. SG Americas Securities LLC’s holdings in Geo Group were worth $14,294,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in GEO. Geneos Wealth Management Inc. boosted its position 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 valued at $26,000 after acquiring an additional 782 shares during the last quarter. IFP Advisors Inc bought a new stake in Geo Group during the fourth quarter valued at approximately $30,000. NewEdge Advisors LLC grew its stake in Geo Group by 81.9% in 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 in the last quarter. Bayforest Capital Ltd purchased a new stake in shares of Geo Group during the 4th quarter valued at $37,000. Finally, Daytona Street Capital LLC bought a new stake in shares of Geo Group during the 4th quarter worth $53,000. 76.10% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on GEO shares. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Wall Street Zen downgraded Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, JonesTrading reduced their price target on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research report on Friday, March 20th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $33.00.

Geo Group Price Performance

GEO opened at $29.25 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75. The stock’s 50 day simple moving average is $23.43 and its 200 day simple moving average is $18.76. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 14.85 and a beta of 0.87. Geo Group Inc has a 1 year low of $12.51 and a 1 year high of $30.40.

Geo Group (NYSE:GEO) last issued its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $688.89 million. During the same quarter last year, the business earned $0.14 earnings per share. The business’s revenue 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 predict that Geo Group Inc will post 1.2 earnings per share for the current year.

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.