May. 15 at 8:47 PM
Geo Group shares fell Friday after California’s Department of Justice released a report describing worsening conditions across immigrant detention centers in the state amid rising detainee populations tied to the Trump administration’s mass deportation campaign.
The 169-page report found overcrowding, inadequate medical care, understaffing, treatment delays, and insufficient food across all seven facilities inspected in 2025. Geo Group operates four of the centers reviewed, including Adelanto ICE Processing Center and Mesa Verde ICE Processing Facility. CoreCivic shares also declined after the report, as one of the inspected facilities is operated by the company.
According to the report, California’s detained immigrant population increased roughly 162% from 2023 to 2025, straining resources and operations. At Geo Group’s Adelanto facility, detainee numbers rose from just seven in late 2023 to 1,570 by mid-2025.
$GEO