Clearline Capital LP Raises Position in Geo Group Inc (The) $GEO

Clearline Capital LP increased its holdings in Geo Group Inc (The) (NYSE:GEO) by 206.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 134,268 shares of the real estate investment trust’s stock after purchasing an additional 90,479 shares during the period. Clearline Capital LP owned 0.10% of Geo Group worth $2,751,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in GEO. Envestnet Asset Management Inc. boosted its stake in Geo Group by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 18,056 shares of the real estate investment trust’s stock worth $432,000 after buying an additional 441 shares during the last quarter. Covestor Ltd grew its holdings in Geo Group by 18.9% in the 3rd quarter. Covestor Ltd now owns 3,887 shares of the real estate investment trust’s stock valued at $80,000 after buying an additional 617 shares during the period. Geneos Wealth Management Inc. increased 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 valued at $26,000 after acquiring an additional 782 shares during the last quarter. Amalgamated Bank increased its stake in shares of Geo Group by 2.0% during the 3rd quarter. Amalgamated Bank now owns 39,872 shares of the real estate investment trust’s stock valued at $817,000 after acquiring an additional 784 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its holdings in shares of Geo Group by 81.9% during the 1st quarter. NewEdge Advisors LLC now owns 1,864 shares of the real estate investment trust’s stock worth $54,000 after acquiring an additional 839 shares during the period. 76.10% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Scott Michael Kernan sold 6,633 shares of the firm’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $15.24, for a total value of $101,086.92. Following the transaction, the director owned 27,062 shares of the company’s stock, valued at approximately $412,424.88. This trade represents a 19.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 5.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on GEO. JonesTrading decreased their target price on shares of Geo Group from $37.00 to $33.00 and set a “buy” rating on the stock in a research report on Friday, February 13th. Zacks Research raised shares of Geo Group from a “strong sell” rating to a “hold” rating in a research report on Friday, January 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Geo Group in a research note on Monday, December 29th. Finally, Wall Street Zen lowered shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Geo Group has a consensus rating of “Moderate Buy” and an average target price of $34.67.

Geo Group Stock Up 3.2%

GEO opened at $14.55 on Friday. The firm has a 50 day moving average price of $15.69 and a 200 day moving average price of $17.12. The company has a market cap of $1.95 billion, a PE ratio of 7.99 and a beta of 0.77. Geo Group Inc has a 1 year low of $12.51 and a 1 year high of $32.09. The company has a debt-to-equity ratio of 1.10, a quick ratio of 2.01 and a current ratio of 2.01.

Geo Group (NYSE:GEO) last posted its quarterly earnings results on Thursday, February 12th. The real estate investment trust reported $0.25 EPS for the quarter, meeting the consensus estimate of $0.25. The firm had revenue of $707.70 million for the quarter, compared to analyst estimates of $667.23 million. Geo Group had a net margin of 9.67% and a return on equity of 8.36%. Geo Group’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.13 earnings per share. Geo Group has set its Q1 2026 guidance at 0.170-0.190 EPS and its FY 2026 guidance at 0.990-1.070 EPS. Sell-side analysts expect that Geo Group Inc will post 0.83 earnings per share for the current year.

Geo Group Profile

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.