Geo Group (NYSE:GEO) Downgraded to Hold Rating by Wall Street Zen

Wall Street Zen lowered shares of Geo Group (NYSE:GEO) from a buy rating to a hold rating in a research report released on Saturday morning.

GEO has been the subject of several other reports. Zacks Research upgraded Geo Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Weiss Ratings upgraded Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, June 9th. Finally, Northland Securities lifted their target price on Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, Geo Group has an average rating of “Buy” and a consensus price target of $36.50.

Geo Group Trading Down 0.6%

Shares of NYSE:GEO opened at $30.89 on Friday. The company has a market cap of $4.13 billion, a PE ratio of 15.68, a P/E/G ratio of 1.84 and a beta of 0.79. The company’s 50-day moving average price is $27.71 and its 200 day moving average price is $20.75. Geo Group has a fifty-two week low of $12.51 and a fifty-two week high of $32.25. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06.

Geo Group (NYSE:GEO) last posted 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 analyst estimates of $688.89 million. During the same period in the previous year, the business posted $0.14 EPS. Geo Group’s revenue was up 16.6% on a year-over-year basis. 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. Sell-side analysts anticipate that Geo Group will post 1.2 earnings per share for the current year.

Hedge Funds Weigh In On Geo Group

Several large investors have recently bought and sold shares of GEO. Handelsbanken Fonder AB boosted its holdings in shares of Geo Group by 3.0% in the second quarter. Handelsbanken Fonder AB now owns 34,600 shares of the real estate investment trust’s stock valued at $1,022,000 after acquiring an additional 1,000 shares in the last quarter. Wealthcare Advisory Partners LLC acquired a new position in shares of Geo Group during the second quarter valued at approximately $229,000. Assenagon Asset Management S.A. bought a new stake in Geo Group during the second quarter worth approximately $47,605,000. GAMMA Investing LLC raised its holdings in Geo Group by 9.3% during the second quarter. GAMMA Investing LLC now owns 9,469 shares of the real estate investment trust’s stock worth $280,000 after purchasing an additional 802 shares in the last quarter. Finally, Militia Capital Management LLC acquired a new stake in Geo Group in the first quarter worth approximately $3,634,000. Institutional investors and hedge funds 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.