What is Wedbush’s Forecast for Geo Group FY2026 Earnings?

Geo Group Inc (The) (NYSE:GEO) – Equities researchers at Wedbush increased their FY2026 earnings per share (EPS) estimates for Geo Group in a research report issued on Monday, June 23rd. Wedbush analyst J. Mccanless now expects that the real estate investment trust will post earnings per share of $1.26 for the year, up from their prior forecast of $1.14. Wedbush has a “Outperform” rating and a $36.00 price objective on the stock. The consensus estimate for Geo Group’s current full-year earnings is $0.83 per share.

Geo Group (NYSE:GEO) last released its quarterly earnings data on Wednesday, May 7th. The real estate investment trust reported $0.14 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.04). Geo Group had a net margin of 1.19% and a return on equity of 7.36%. The company had revenue of $604.65 million during the quarter, compared to analyst estimates of $611.81 million. During the same period in the previous year, the company posted $0.14 EPS.

Several other research analysts have also weighed in on the stock. UBS Group set a $35.00 price objective on shares of Geo Group in a research note on Monday, March 24th. Jones Trading reduced their price target on Geo Group from $55.00 to $50.00 and set a “buy” rating for the company in a report on Thursday, May 8th. Noble Financial reissued an “outperform” rating on shares of Geo Group in a research report on Monday, March 24th. Finally, Wall Street Zen raised Geo Group from a “sell” rating to a “hold” rating in a research report on Friday, May 9th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Geo Group presently has a consensus rating of “Moderate Buy” and an average target price of $38.00.

Geo Group Stock Performance

NYSE GEO opened at $23.15 on Tuesday. The firm has a market capitalization of $3.27 billion, a P/E ratio of 121.85, a price-to-earnings-growth ratio of 2.62 and a beta of 0.76. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 1.24. The firm’s fifty day moving average price is $27.22 and its two-hundred day moving average price is $28.09. Geo Group has a 1 year low of $11.75 and a 1 year high of $36.46.

Institutional Trading of Geo Group

A number of hedge funds have recently modified their holdings of GEO. Covestor Ltd grew its stake in Geo Group by 19.8% in the 1st quarter. Covestor Ltd now owns 2,653 shares of the real estate investment trust’s stock valued at $77,000 after buying an additional 438 shares during the last quarter. Hsbc Holdings PLC lifted its position in Geo Group by 2.8% during the first quarter. Hsbc Holdings PLC now owns 19,208 shares of the real estate investment trust’s stock worth $560,000 after acquiring an additional 520 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Geo Group by 6.9% during the first quarter. GAMMA Investing LLC now owns 8,721 shares of the real estate investment trust’s stock worth $255,000 after acquiring an additional 566 shares during the period. Xponance Inc. boosted its holdings in shares of Geo Group by 7.6% during the first quarter. Xponance Inc. now owns 10,120 shares of the real estate investment trust’s stock worth $296,000 after acquiring an additional 712 shares during the period. Finally, SRS Capital Advisors Inc. grew its position in shares of Geo Group by 160.0% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,170 shares of the real estate investment trust’s stock valued at $33,000 after purchasing an additional 720 shares during the last quarter. Institutional investors and hedge funds own 76.10% of the company’s stock.

About Geo Group

The GEO Group, Inc (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects.