Boothbay Fund Management LLC Acquires 46,237 Shares of Geo Group Inc (The) $GEO

Boothbay Fund Management LLC raised its holdings in Geo Group Inc (The) (NYSE:GEO) by 7.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 638,936 shares of the real estate investment trust’s stock after buying an additional 46,237 shares during the quarter. Boothbay Fund Management LLC’s holdings in Geo Group were worth $13,092,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of GEO. Y Intercept Hong Kong Ltd bought a new position in shares of Geo Group in the third quarter valued at approximately $1,283,000. WINTON GROUP Ltd grew its holdings in Geo Group by 836.6% during the third quarter. WINTON GROUP Ltd now owns 279,982 shares of the real estate investment trust’s stock worth $5,737,000 after buying an additional 250,090 shares in the last quarter. Federated Hermes Inc. raised its position in Geo Group by 1,273.1% in the 3rd quarter. Federated Hermes Inc. now owns 293,151 shares of the real estate investment trust’s stock valued at $6,007,000 after buying an additional 271,802 shares during the last quarter. Geode Capital Management LLC raised its position in Geo Group by 3.4% in the 2nd quarter. Geode Capital Management LLC now owns 3,259,307 shares of the real estate investment trust’s stock valued at $78,076,000 after buying an additional 108,106 shares during the last quarter. Finally, Perpetual Ltd bought a new position in Geo Group during the 3rd quarter valued at $17,268,000. 76.10% of the stock is currently owned by institutional investors.

Geo Group Stock Performance

NYSE GEO opened at $14.55 on Friday. The firm has a market cap of $1.95 billion, a P/E ratio of 7.99 and a beta of 0.77. The company has a quick ratio of 2.01, a current ratio of 2.01 and a debt-to-equity ratio of 1.10. The company’s 50 day moving average is $15.69 and its 200-day moving average is $17.12. Geo Group Inc has a 12-month low of $12.51 and a 12-month high of $32.09.

Geo Group (NYSE:GEO) last issued its quarterly earnings data on Thursday, February 12th. The real estate investment trust reported $0.25 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.25. Geo Group had a return on equity of 8.36% and a net margin of 9.67%.The business had revenue of $707.70 million for the quarter, compared to analysts’ expectations of $667.23 million. During the same quarter in the prior year, the firm posted $0.13 EPS. The firm’s quarterly revenue was up 16.5% on a year-over-year basis. 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 predict that Geo Group Inc will post 0.83 earnings per share for the current year.

Insider Buying and Selling at Geo Group

In other news, Director Scott Michael Kernan sold 6,633 shares of the 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 $412,424.88. This represents a 19.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.30% of the company’s stock.

Analyst Ratings Changes

Several research firms recently weighed in on GEO. Wall Street Zen cut shares of Geo Group from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. JonesTrading decreased their price objective 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, 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. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Geo Group in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.67.

Geo Group Company 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.