Geo Group (NYSE:GEO) Reaches New 52-Week High – Should You Buy?

Geo Group Inc (The) (NYSE:GEO) hit a new 52-week high on Wednesday . The stock traded as high as $29.00 and last traded at $28.8250, with a volume of 53073 shares. The stock had previously closed at $28.63.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on GEO shares. Weiss Ratings raised shares of Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, June 9th. JonesTrading reduced their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, March 20th. Finally, Wall Street Zen cut shares of Geo Group from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.50.

Geo Group Stock Performance

The company has a debt-to-equity ratio of 1.06, a current ratio of 1.75 and a quick ratio of 1.75. The stock has a market capitalization of $3.91 billion, a PE ratio of 14.84 and a beta of 0.87. The stock has a 50 day moving average of $22.26 and a two-hundred day moving average of $18.31.

Geo Group (NYSE:GEO) last released its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.10. Geo Group had a return on equity of 9.43% and a net margin of 10.00%.The firm had revenue of $705.21 million during the quarter, compared to analysts’ expectations of $688.89 million. During the same quarter in the prior year, the business posted $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. Research analysts expect that Geo Group Inc will post 1.2 EPS for the current fiscal year.

Institutional Investors Weigh In On Geo Group

Institutional investors and hedge funds have recently modified their holdings of the company. Covestor Ltd boosted its position in Geo Group by 16.6% during the fourth quarter. Covestor Ltd now owns 4,533 shares of the real estate investment trust’s stock worth $73,000 after purchasing an additional 646 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in Geo Group by 22.7% in the first quarter. Public Employees Retirement System of Ohio now owns 3,866 shares of the real estate investment trust’s stock valued at $65,000 after purchasing an additional 715 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of Geo Group by 2.4% in the first quarter. Kestra Advisory Services LLC now owns 30,462 shares of the real estate investment trust’s stock valued at $512,000 after buying an additional 727 shares in the last quarter. ProShare Advisors LLC increased its position in shares of 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 buying an additional 772 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised 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 buying an additional 782 shares during the last quarter. 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.