In the last trading session, 2.23 million shares of the Geo Group, Inc (NYSE:GEO) were traded, and its beta was 0.87. Most recently the company’s share price was $27.56, and it changed around $0.63 or 2.34% from the last close, which brings the market valuation of the company to $3.85B. GEO currently trades at a discount to its 52-week high of $36.46, offering almost -32.29% off that amount. The share price’s 52-week low was $11.01, which indicates that the current value has risen by an impressive 60.05% since then. We note from Geo Group, Inc’s average daily trading volume that its 10-day average is 3.08 million shares, with the 3-month average coming to 3.26 million.
Geo Group, Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.50. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended GEO as a Hold, whereas 3 deemed it a Buy, and 0 rated it as Underweight. Geo Group, Inc is expected to report earnings per share of 0.23 for the current quarter.
Geo Group, Inc (NYSE:GEO) trade information
Instantly GEO has showed a green trend with a performance of 2.34% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 30.61 on recent trading dayincreased the stock’s daily price by 9.96%. The company’s shares are currently down -1.50% year-to-date, but still down -11.01% over the last five days. On the other hand, Geo Group, Inc (NYSE:GEO) is -11.30% down in the 30-day period. We can see from the shorts that 10.35 million shares have been sold at a short interest cover period of 3.94 day(s).
The consensus price target as assigned by Wall Street analysts is $14, which translates to bulls needing to decrease their stock price by -96.86% from its current value. Analyst projections state that GEO is forecast to be at a low of $14 and a high of $14.
Geo Group, Inc (GEO) estimates and forecasts
The year-over-year growth rate is expected to be 0.42%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 607.45M in revenue for the current quarter. 5 analysts expect Geo Group, Inc to make 625.85M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 608.28M and 605.67M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -0.14%. Forecasts for the next quarter put sales growth at 3.33%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -9.73%. Geo Group, Inc earnings are expected to increase by -10.79% in 2025, but the outlook is positive 49.35% per year for the next five years.
GEO Dividends
Geo Group, Inc’s next quarterly earnings report is expected to be released in March. The average dividend yield for the past five years averaged 11.18 per year.
Geo Group, Inc (NYSE:GEO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.87% of Geo Group, Inc shares, and 78.69% of them are in the hands of institutional investors. The stock currently has a share float of 82.71%. Geo Group, Inc stock is held by 339.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 16.0454% of the shares, which is about 19.66 million shares worth $282.25 million.
VANGUARD GROUP INC, with 11.8811% or 14.55 million shares worth $209.0 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Nov 30, 2024 . The former held 8.8 shares worth $242.65 million, making up 6.30% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 4.13 shares worth around $113.82 million, which represents about 2.95% of the total shares outstanding.
