Hodges Capital Management Inc. Acquires 507,012 Shares of Geo Group Inc (The) $GEO

Hodges Capital Management Inc. lifted its holdings in shares of Geo Group Inc (The) (NYSE:GEO) by 113.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 955,386 shares of the real estate investment trust’s stock after buying an additional 507,012 shares during the quarter. Geo Group comprises approximately 1.7% of Hodges Capital Management Inc.’s investment portfolio, making the stock its 15th biggest holding. Hodges Capital Management Inc. owned about 0.68% of Geo Group worth $19,576,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Geneos Wealth Management Inc. grew its holdings in 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 worth $26,000 after acquiring an additional 782 shares during the period. NewEdge Advisors LLC boosted its position in shares of 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 purchasing an additional 839 shares during the last quarter. LSV Asset Management acquired a new stake in shares of Geo Group during the third quarter worth $61,000. Covestor Ltd increased its holdings in Geo Group by 18.9% in the third quarter. Covestor Ltd now owns 3,887 shares of the real estate investment trust’s stock valued at $80,000 after purchasing an additional 617 shares during the last quarter. Finally, Militia Capital Partners LP lifted its stake in Geo Group by 122.6% in the second quarter. Militia Capital Partners LP now owns 6,900 shares of the real estate investment trust’s stock valued at $165,000 after buying an additional 3,800 shares during the period. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Geo Group Stock Performance

Shares of GEO stock opened at $14.57 on Wednesday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.62 and a current ratio of 2.01. Geo Group Inc has a 52 week low of $12.81 and a 52 week high of $32.09. The company’s 50 day moving average price is $16.42 and its two-hundred day moving average price is $18.00. The company has a market capitalization of $2.03 billion, a P/E ratio of 8.01 and a beta of 0.73.

Geo Group (NYSE:GEO) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.25. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The company had revenue of $707.70 million during the quarter, compared to the consensus estimate of $667.23 million. During the same quarter in the prior year, the firm earned $0.13 earnings per share. The firm’s revenue was up 16.5% compared to the same quarter last year. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. On average, analysts expect that Geo Group Inc will post 0.83 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms have recently issued reports on GEO. Zacks Research upgraded Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Wall Street Zen raised shares of Geo Group from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. JonesTrading lowered 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 note on Friday, February 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Geo Group in a report on Monday, December 29th. Three 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 currently has a consensus rating of “Moderate Buy” and an average price target of $34.00.

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.