Northland Securities Comments on Geo Group FY2027 Earnings

Geo Group Inc (The) (NYSE:GEO) – Analysts at Northland Securities lifted their FY2027 earnings estimates for shares of Geo Group in a research note issued on Friday, November 6th. Northland Securities analyst G. Gibas now forecasts that the real estate investment trust will post earnings per share of $2.36 for the year, up from their prior forecast of $1.54. The consensus estimate for Geo Group’s current full-year earnings is $1.44 per share.

GEO has been the subject of a number of other reports. UBS Group reiterated a “buy” rating on shares of Geo Group in a research report on Tuesday, October 6th. Wall Street Zen cut Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Noble Financial restated an “outperform” rating on shares of Geo Group in a report on Monday, August 10th. Zacks Research raised Geo Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 20th. Finally, JonesTrading lifted their price objective on Geo Group from $40.00 to $42.75 and gave the stock a “buy” rating in a report on Thursday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $41.38.

Geo Group Trading Up 5.8%

Shares of GEO opened at $31.89 on Wednesday. The company has a current ratio of 1.71, a quick ratio of 1.65 and a debt-to-equity ratio of 0.97. The firm’s 50-day moving average is $29.98 and its two-hundred day moving average is $24.62. Geo Group has a twelve month low of $12.51 and a twelve month high of $33.17. The firm has a market capitalization of $4.22 billion, a P/E ratio of 25.52, a PEG ratio of 1.50 and a beta of 0.78.

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

Hedge Funds Weigh In On Geo Group

Hedge funds have recently bought and sold shares of the stock. Bessemer Group Inc. raised its holdings in shares of Geo Group by 111.9% in the first quarter. Bessemer Group Inc. now owns 1,723 shares of the real estate investment trust’s stock worth $29,000 after acquiring an additional 910 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of Geo Group by 165.5% during the third quarter. Parallel Advisors LLC now owns 1,017 shares of the real estate investment trust’s stock valued at $31,000 after acquiring an additional 634 shares during the last quarter. Fortitude Family Office LLC acquired a new stake in shares of Geo Group during the third quarter valued at $32,000. Global Retirement Partners LLC acquired a new stake in shares of Geo Group during the second quarter valued at $34,000. Finally, Public Employees Retirement System of Ohio increased its position in Geo Group by 22.7% during 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. Hedge funds and other institutional investors own 76.10% of the company’s stock.

Insider Activity at Geo Group

In other news, VP Matthew Albence sold 11,797 shares of the stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $31.45, for a total value of $371,015.65. Following the sale, the vice president directly owned 87,602 shares in the company, valued at $2,755,082.90. This represents a 11.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Ronald A. Brack sold 7,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $32.00, for a total transaction of $224,000.00. Following the transaction, the insider directly owned 71,614 shares of the company’s stock, valued at approximately $2,291,648. This trade represents a 8.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 28,797 shares of company stock worth $911,916 over the last quarter. Company insiders own 4.98% of the company’s stock.

Geo Group News Roundup

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

About Geo Group

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.