Geo Group Inc (The) $GEO Shares Bought by Lee Danner & Bass Inc.

Lee Danner & Bass Inc. raised its holdings in Geo Group Inc (The) (NYSE:GEO) by 158.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 685,500 shares of the real estate investment trust’s stock after purchasing an additional 420,000 shares during the period. Lee Danner & Bass Inc.’s holdings in Geo Group were worth $11,523,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GEO. Geneos Wealth Management Inc. increased its stake 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 worth $26,000 after purchasing an additional 782 shares in the last quarter. IFP Advisors Inc purchased a new stake in Geo Group in the 4th quarter valued at approximately $30,000. NewEdge Advisors LLC grew 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 buying an additional 839 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in Geo Group during the 4th quarter valued at $37,000. Finally, Daytona Street Capital LLC purchased a new position in Geo Group during the fourth quarter worth $53,000. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Geo Group Trading Down 0.5%

Shares of GEO stock opened at $30.09 on Friday. The firm’s 50-day simple moving average is $24.81 and its 200-day simple moving average is $19.30. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75. Geo Group Inc has a 1-year low of $12.51 and a 1-year high of $30.68. The firm has a market cap of $4.02 billion, a P/E ratio of 15.27 and a beta of 0.79.

Geo Group (NYSE:GEO) last released its earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (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 firm had revenue of $705.21 million during the quarter, compared to the consensus estimate of $688.89 million. During the same period in the previous year, the firm earned $0.14 earnings per share. Geo Group’s revenue 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 analysts forecast that Geo Group Inc will post 1.2 EPS for the current year.

Analyst Upgrades and Downgrades

GEO has been the subject of a number of analyst reports. JonesTrading cut their price target on Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a report on Friday, March 20th. Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. Northland Securities lifted their price objective on Geo Group from $30.00 to $40.00 and gave the stock an “outperform” rating in a research report on Friday, June 26th. Finally, Wall Street Zen raised shares of Geo Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Two investment analysts have rated the stock with a Buy rating and two have given 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 target price of $36.50.

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.