Geo Group Inc GEO

$30.52 +0.58 (1.94%)

Valuation

Market cap
4,256,591,000
Revenue TTM
$2,631,550,000
Net income TTM
$254,370,000
PE ratio
27.03
Forward PE
24.00
Profit margin
9.67%
Debt to equity
1.00

Trading

Volume
2,708,000
Avg volume
2,311,434
Day's range
$29.56 – $30.96
Shares out
131,620,000
Stochastic %K
10%
Beta
0.77
Analysts
Strong Sell
Price target
$37.75

Price

Company profile

The GEO Group, Inc. a diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. It operates through four segments: The U.S. Secure Services segment; The Electronic Monitoring and Supervision Services segment; The Reentry Ser...

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The GEO Group, Inc. a diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. It operates through four segments: The U.S. Secure Services segment; The Electronic Monitoring and Supervision Services segment; The Reentry Services segment; and The International Services segment. The company provides U.S.-based secure services business; monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; and treatment, educational and community-based programs, pre-release and half-way house programs; secure services operations. It also offers support services, including secure custody services, food services, residential car, health and mental health care, facility management, and physical plant maintenance. The GEO Group, Inc. was founded in 1984 and is based in Boca Raton, Florida.

Industry
Security & Protection Services
Sector
Industrials
Phone
561 893 0101
Website
https://www.geogroup.com
Address
4955 Technology Way, Boca Raton, United States

Latest news

Stocktwits

saerdna1968a Oct 7, 7:00 PM
$GEO Team, now the dust has settled in. Let´s digest all this good news. First,we have a reduction of debt by $650 million AND a change in their revolving credit line to total flexibility. So nothing can endanger the company on the cash side any more, no bad bank, no market interest increase. This is so valuable, it is a gamechanger Second, we see again the huge value of owned beds. $950 million for 2644 beds means $359K per bed. We still own more than 40.000 so the value of company has now topped $14 billion because there is not much debt left. We are at Mkt Cap of $3.94B with a 30$ share price....even a 3rd grader can see that the NAV has surpassed all old estimations..guess we have $100 per share as real value... Third, and really interesting. $GEO announced debt reduction AND buyback increase. But the latest sale covers the debt reduction...so we expect more sales in near future. Let´s buy more, somebody is desperately trying to keep the price down, just use it..GL to all smart longs
0 replies
SnapCrackleStop Oct 7, 3:49 PM
$GEO 1: California government is a failure at nearly every level. Corruption is rampant. Incompetence is apparent. 2: Money Managers I spoke to think the debt reduction over straight buybacks was a disappointment to the momentum funds and they sold it off. 3: Long term less debt brings higher consistent earnings essentially is a big plus. Holding $$$
0 replies
Kapitan_Hindsight Oct 7, 1:36 PM
$CXW and $GEO are both drastically changing their balance sheets with the sale of facilities. Not only is the cash influx great, but they have minimized risk by exiting hostile geographic locations like californistan. There is opportunity here still. Debt reductions and stock buybacks only improve the quality of these two stocks. Prison management contracts aren't over, there will be more. States like to have contractors to blame when something goes wrong, and they can avoid excessively high union and state wages through contracting. Contractors are held to higher standards than state run facilities. The other possibility is that there is a third large contractor in the industry that could be bought out by either cxw or geo. A decrease in stock price here is a gift.
1 replies
Channelchek Oct 7, 1:16 PM
Noble Capital Markets Research Report: The GEO Group ($GEO) – To Redeem Debt, Extend Credit Facility Debt Redemption. The GEO Group is redeeming all of its $650 million 8.625% Senior Secured Notes due in 2029. The redemption will be funded from net proceeds of the facility sale announced Monday. We view this as a significant positive for the Company, reducing outstanding debt, eliminating interest payments, and setting the Company up to be more aggressive in its share repurchase program. Read full report here: https://www.channelchek.com/news-channel/the-geo-group-geo-to-redeem-debt-extend-credit-facility
0 replies
filecrux Oct 7, 1:37 AM
$GEO paired its $950 million sale of three ICE detention centers with a bigger $1.25 billion buyback, but little sale cash is left for it: about $678 million of the roughly $705 million it keeps pays off its 8.625% notes on October 15. That cuts interest by about $56 million a year, and the $950 million is about 16% of GEO's value including debt. GEO, a detention operator, keeps running the centers, but ICE now owns them and can cancel the contract for convenience. Q4 results, likely in mid-February, are the first that can show whether ICE pays less.
1 replies
Vrodcarpediem Oct 6, 9:37 PM
$GEO WHAT IS THE MAJOR MALFUNCTION HERE?
1 replies
coffee2020 Oct 6, 9:34 PM
$GEO buy buy buy Sale is accretive to EPS by 10-16%. Interest savings out weighs the loss of NOI for an owned and managed contract to a managed only contract. forward PE ratio just dropped by 9-14%.
0 replies
Monfino Oct 6, 9:16 PM
$GEO now my shorting on geo is working luck to all :)
4 replies