Louisiana State Employees Retirement System Buys Shares of 60,600 Geo Group Inc (The) $GEO

Louisiana State Employees Retirement System purchased a new position in shares of Geo Group Inc (The) (NYSE:GEO) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 60,600 shares of the real estate investment trust’s stock, valued at approximately $1,019,000.

Several other institutional investors and hedge funds also recently modified their holdings of GEO. WINTON GROUP Ltd raised its stake in shares of 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 valued at $5,737,000 after purchasing an additional 250,090 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Geo Group by 1,250.5% in the fourth quarter. SG Americas Securities LLC now owns 503,546 shares of the real estate investment trust’s stock worth $8,117,000 after purchasing an additional 466,261 shares during the period. Matauro LLC bought a new position in Geo Group in the 4th quarter valued at about $1,738,000. Vanguard Group Inc. grew its position in Geo Group by 0.7% in the 4th quarter. Vanguard Group Inc. now owns 14,894,927 shares of the real estate investment trust’s stock valued at $240,106,000 after buying an additional 98,742 shares in the last quarter. Finally, ArrowMark Colorado Holdings LLC increased its stake in Geo Group by 103.7% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 784,200 shares of the real estate investment trust’s stock valued at $16,068,000 after buying an additional 399,200 shares during the period. Institutional investors own 76.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on GEO shares. JonesTrading dropped their price target 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, March 20th. Northland Securities increased their price objective on shares of Geo Group from $30.00 to $40.00 and gave the company an “outperform” rating in a report on Friday, June 26th. Wall Street Zen upgraded shares of Geo Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Finally, Weiss Ratings raised Geo Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, June 9th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $36.50.

Geo Group Trading Down 0.5%

Shares of GEO stock opened at $30.09 on Friday. The stock has a 50-day simple moving average of $24.81 and a 200 day simple moving average of $19.30. The stock has a market capitalization of $4.02 billion, a P/E ratio of 15.27 and a beta of 0.79. Geo Group Inc has a fifty-two week low of $12.51 and a fifty-two week high of $30.68. The company has a quick ratio of 1.75, a current ratio of 1.75 and a debt-to-equity ratio of 1.06.

Geo Group (NYSE:GEO) last issued its quarterly earnings results on Wednesday, May 6th. The real estate investment trust reported $0.29 EPS for the quarter, topping the consensus estimate of $0.19 by $0.10. Geo Group had a net margin of 10.00% and a return on equity of 9.43%. The firm had revenue of $705.21 million for the quarter, compared to analysts’ expectations of $688.89 million. During the same period in the previous year, the business earned $0.14 earnings per share. Geo Group’s revenue for the quarter was up 16.6% compared to the same quarter last year. Geo Group has set its FY 2026 guidance at 1.150-1.250 EPS and its Q2 2026 guidance at 0.250-0.290 EPS. On average, sell-side analysts expect that Geo Group Inc will post 1.2 earnings per share for the current fiscal 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.