Geo Group Stock Earnings Estimates Raised by Noble Financial

Geo Group Inc (The) (NYSE:GEO) – Research analysts at Noble Financial boosted their FY2027 earnings per share estimates for shares of Geo Group in a report released on Monday, November 9th. Noble Financial analyst J. Gomes now expects that the real estate investment trust will earn $2.06 per share for the year, up from their previous forecast of $1.56. Noble Financial currently has an “Outperform” rating on the stock. The consensus estimate for Geo Group’s current full-year earnings is $1.44 per share.

Geo Group (NYSE:GEO) last released its earnings results on Thursday, November 5th. The real estate investment trust reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Geo Group had a return on equity of 11.44% and a net margin of 5.74%. The business had revenue of $761.06 million during the quarter, compared to analysts’ expectations of $770.87 million. During the same quarter last year, the firm posted $0.25 earnings per share. The firm’s revenue was up 11.5% on a year-over-year basis.

A number of other research firms have also recently issued reports on GEO. UBS Group restated a “buy” rating on shares of Geo Group in a report on Tuesday, October 6th. Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. JonesTrading lifted their price objective on shares of Geo Group from $40.00 to $42.75 and gave the company a “buy” rating in a research note on Thursday, November 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Geo Group in a research report on Friday, September 4th. Finally, Zacks Research raised shares of Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $41.38.

Geo Group Trading Up 5.8%

Shares of GEO stock opened at $31.89 on Wednesday. Geo Group has a fifty-two week low of $12.51 and a fifty-two week high of $33.17. The company has a debt-to-equity ratio of 0.97, a quick ratio of 1.65 and a current ratio of 1.71. The stock has a 50 day simple moving average of $29.98 and a two-hundred day simple moving average of $24.62. The company has a market cap of $4.22 billion, a P/E ratio of 25.52, a PEG ratio of 1.50 and a beta of 0.78.

Insider Activity

In other news, insider Ronald A. Brack sold 7,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $32.00, for a total value of $224,000.00. Following the completion of the sale, the insider directly owned 71,614 shares in the company, valued at $2,291,648. This trade represents a 8.90% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, VP Matthew Albence sold 11,797 shares of the business’s stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $31.45, for a total value of $371,015.65. Following the completion of the sale, the vice president directly owned 87,602 shares of the company’s stock, valued at $2,755,082.90. The trade was a 11.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 28,797 shares of company stock valued at $911,916. 4.98% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Geo Group

Hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its holdings in shares of Geo Group by 6.6% during the third quarter. GAMMA Investing LLC now owns 10,098 shares of the real estate investment trust’s stock valued at $308,000 after acquiring an additional 629 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of Geo Group by 165.5% in the 3rd quarter. Parallel Advisors LLC now owns 1,017 shares of the real estate investment trust’s stock worth $31,000 after purchasing an additional 634 shares in the last quarter. Public Employees Retirement System of Ohio lifted its holdings in shares of Geo Group by 22.7% in the 1st quarter. Public Employees Retirement System of Ohio now owns 3,866 shares of the real estate investment trust’s stock worth $65,000 after purchasing an additional 715 shares in the last quarter. Kestra Advisory Services LLC lifted its holdings in shares of Geo Group by 2.4% in the 1st quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust’s stock worth $512,000 after purchasing an additional 727 shares in the last quarter. Finally, Bessemer Group Inc. grew its position in Geo Group by 111.9% in the 1st quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock valued at $29,000 after purchasing an additional 910 shares during the period. Institutional investors and hedge funds own 76.10% of the company’s stock.

Key Stories Impacting Geo Group

Here are the key news stories impacting Geo Group this week:

• Positive Sentiment: Several analysts raised their earnings outlooks. Noble Financial increased its FY2027 EPS estimate to $2.06 from $1.56 and its FY2026 estimate to $1.45 from $1.31; Sidoti lifted its FY2027 and FY2028 forecasts to $2.17 and $2.31, respectively. Northland also raised its FY2027 estimate to $2.36 from $1.54. The revisions point to stronger expected earnings growth.
• Positive Sentiment: GEO shares rose amid a broader rally across the sector, which may have contributed to the stock’s gains. Article: GEO Group Jumps 5.1% Amid Sector-Wide Rally
• Negative Sentiment: Protesters at GEO Group’s Charlotte headquarters called for the company to end its ICE detention contracts. The demonstrations underscore possible reputational and political pressure surrounding those contracts. Article: Protesters Target GEO Group’s Charlotte Headquarters

Geo Group Company Profile

The GEO Group, Inc. provides government services focused on corrections, detention and community-based supervision. Its services include operating secure facilities and processing centers, managing community reentry programs, and providing electronic monitoring and supervision technology for individuals in the community. The company serves federal, state and local government agencies, primarily in the United States. Its work also includes related services such as secure transportation and support programs for people transitioning from incarceration back into the community.