Wedbush Has Positive Estimate for Geo Group FY2026 Earnings

Geo Group Inc (The) (NYSE:GEO) – Analysts at Wedbush boosted their FY2026 EPS estimates for Geo Group in a report released on Tuesday, July 1st. Wedbush analyst J. Mccanless now forecasts that the real estate investment trust will post earnings of $1.41 per share for the year, up from their previous estimate of $1.26. Wedbush has a “Outperform” rating and a $36.00 price target 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 results on Wednesday, May 7th. The real estate investment trust reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.04). Geo Group had a return on equity of 7.36% and a net margin of 1.19%. The firm had revenue of $604.65 million for the quarter, compared to analysts’ expectations of $611.81 million. During the same quarter last year, the firm posted $0.14 earnings per share.

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

Geo Group Stock Up 5.6%

Geo Group stock opened at $26.02 on Wednesday. Geo Group has a fifty-two week low of $11.75 and a fifty-two week high of $36.46. The stock has a market cap of $3.68 billion, a PE ratio of 136.95, a price-to-earnings-growth ratio of 2.67 and a beta of 0.71. The firm’s 50-day simple moving average is $26.66 and its 200 day simple moving average is $27.95. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.29 and a current ratio of 1.29.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GEO. Wellington Management Group LLP boosted its stake in Geo Group by 312.7% in the first quarter. Wellington Management Group LLP now owns 2,608,619 shares of the real estate investment trust’s stock valued at $76,198,000 after acquiring an additional 1,976,544 shares during the last quarter. Discovery Capital Management LLC CT boosted its stake in Geo Group by 375.2% in the fourth quarter. Discovery Capital Management LLC CT now owns 1,839,500 shares of the real estate investment trust’s stock valued at $51,469,000 after acquiring an additional 1,452,400 shares during the last quarter. Point72 Asset Management L.P. boosted its stake in Geo Group by 202.6% in the fourth quarter. Point72 Asset Management L.P. now owns 2,124,783 shares of the real estate investment trust’s stock valued at $59,451,000 after acquiring an additional 1,422,676 shares during the last quarter. Newbrook Capital Advisors LP purchased a new position in Geo Group in the fourth quarter valued at about $35,738,000. Finally, BlueCrest Capital Management Ltd purchased a new position in Geo Group in the fourth quarter valued at about $34,456,000. 76.10% of the stock is currently owned by hedge funds and other institutional investors.

Geo Group Company Profile

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.