JonesTrading Issues Pessimistic Forecast for Geo Group (NYSE:GEO) Stock Price

Geo Group (NYSE:GEO) had its target price decreased by JonesTrading from $37.00 to $33.00 in a note issued to investors on Friday,Benzinga reports. The brokerage currently has a “buy” rating on the real estate investment trust’s stock. JonesTrading’s price target points to a potential upside of 102.64% from the company’s previous close.

GEO has been the subject of a number of other research reports. Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Geo Group in a research report on Monday, December 29th. Finally, Zacks Research raised shares of Geo Group from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $34.67.

Geo Group Price Performance

Shares of Geo Group stock traded down $0.10 during trading on Friday, hitting $16.29. The stock had a trading volume of 662,458 shares, compared to its average volume of 2,445,538. The company has a debt-to-equity ratio of 1.10, a current ratio of 2.01 and a quick ratio of 2.01. The business has a fifty day moving average of $15.68 and a two-hundred day moving average of $17.02. Geo Group has a fifty-two week low of $12.51 and a fifty-two week high of $32.09. The firm has a market cap of $2.19 billion, a P/E ratio of 8.95 and a beta of 0.77.

Geo Group (NYSE:GEO) last announced its earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. The company had revenue of $707.70 million during the quarter, compared to analysts’ expectations of $667.23 million. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. The business’s revenue for the quarter was up 16.5% on a year-over-year basis. During the same period last year, the company posted $0.13 earnings per share. 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, sell-side analysts expect that Geo Group will post 0.83 earnings per share for the current fiscal year.

Insider Activity

In other 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 transaction of $101,086.92. Following the sale, the director directly owned 27,062 shares of the company’s stock, valued at $412,424.88. This represents a 19.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 5.30% of the company’s stock.

Hedge Funds Weigh In On Geo Group

Hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. raised its stake in shares of Geo Group by 2.5% during the second quarter. Envestnet Asset Management Inc. now owns 18,056 shares of the real estate investment trust’s stock worth $432,000 after buying an additional 441 shares during the last quarter. Covestor Ltd grew its holdings in Geo Group by 18.9% during 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 period. ProShare Advisors LLC increased its stake in Geo Group by 3.0% in the fourth quarter. ProShare Advisors LLC now owns 26,333 shares of the real estate investment trust’s stock valued at $424,000 after purchasing an additional 772 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Geo Group by 245.1% in the second quarter. Geneos Wealth Management Inc. now owns 1,101 shares of the real estate investment trust’s stock worth $26,000 after purchasing an additional 782 shares during the period. Finally, Amalgamated Bank lifted its holdings in Geo Group by 2.0% during the third quarter. Amalgamated Bank now owns 39,872 shares of the real estate investment trust’s stock worth $817,000 after acquiring an additional 784 shares in the last quarter. Institutional investors own 76.10% of the company’s stock.

About Geo Group

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.