Geo Group Inc GEO

$27.89 -0.63 (-2.21%)

Valuation

Market cap
3,753,802,000
Revenue TTM
$2,631,550,000
Net income TTM
$254,370,000
P/E (trailing)
24.60
P/E (forward)
21.46
Profit margin
9.67%
Debt to equity
1.00

Trading

Volume
2,322,974
Avg volume
2,400,796
Day's range
$27.67 – $28.58
Shares out
131,620,000
Stochastic %K
87%
Beta
0.77
Analysts
Strong Buy
Price target
$39.00

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

coffee2020 Nov 2, 8:22 PM
$GEO https://portal.sidoti.com/document-preview/76948/Company%20Update/55A019BE-C7C7-44AF-BBF6-9FC4BA258741/New%20Northwest%20ICE%20Management%20Contract%20Signals%20Facility%20Sale%20Is%20Likely%20In%20The%20Near%20Term,%20In%20Our%20View%3B%20Expect%20Aggressive%20Buybacks%20With%20Proceeds%3B%20Maintain%20Estimates%20And%20$36%20Price%20Target/10%2F30%2F2026/1000529
0 replies
coffee2020 Nov 2, 8:17 PM
$GEO I was expecting the management contracts for Broward, Aurora and Moshannon Valley to already be awarded by now after the RFI/RFP. But, in light of the Big Spring news, it makes sense those have been delayed. Once those contracts are awarded, the purchase of Northwest, Broward and Aurora can move forward. If DHS is still following the DRI (detention reengineering initiative), except the flawed warehouse development part, then they still plan to purchase 7 more existing facilities. Assuming Broward, Aurora and Moshannon Valley happen first (as stated in the Sidoti Research Note), that leaves 4 more. Even with Dem pressure, a tidal wave can happen with buybacks.
0 replies
coffee2020 Nov 2, 8:14 PM
$GEO Even if this election goes democratic, the congress can only do so much without the executive branch. Yes, there can be lots of investigations, hearings, etc. But, there will be little to no legislation getting passed. The ICE budget is set in law. They can try to claw it back, but again, they need veto proof numbers. The electorate prefers a divided government. Otherwise, you get the extremes of each side. That being said, 2029 is a long way off. A lot can happen. The fact that Big Spring will be reactivated says that they need beds faster than they need to purchase existing facilities.
0 replies
Sidoti Nov 2, 7:32 PM
New research today on @WeAreGeo $GEO #sidotiresearch Read note: http://dlvr.it/TW90Qr #investing #smallcap #microcap
0 replies
DoctorLarryFine Nov 2, 4:57 PM
$GEO clearly, the stock is forecasting a democrat sweep in midterms tomorrow. Equally as clear would be a sentiment shift if that occurs. Dems claim they want to abolish ICE and close private prisons. I don’t think that is practical but the market will not like that…. GEO has a significant war chest of cash and they better be ready to put it to use later this week in the event Dems sweep. I don’t believe GEO will exist by the end of Trump’s term IF the Dems sweep. Will be interesting.
1 replies
stklover Nov 2, 3:42 PM
$GEO I’ve confirmed this is another 10-year deal. Company is only mentioning the $200 mill rev for the first year. Thinking the conference call and earnings numbers on Thursday can move this stock up $3-5. Of course the crazy leftist lunatics could push stock down on Wed if they are successful in the elections. I’m adding on weakness tomorrow and Wed with more stock adds and call options. These opportunities don’t come often. MGGA (Make Geo Great Again)!
0 replies
yja Nov 2, 2:47 PM
$GEO So let guess this straight they sell 3 facilities for 950 mill while still maintaining those facilities. They pay off a shit ton of debt launching 1.25 buyback program and now this is the 2nd new contract they announced and the stock goes down on the open. The market continues to be irrational and logically than a pregnant woman.
1 replies
mrsports90210 Nov 2, 1:45 PM
$GEO new contract says only 200 million in revenue for 1sr year WTF does that mean ...clarification please
2 replies