GEO Group

The GEO Group, Inc. engages in the design, financing, development, and support services for secure facilities, processing centers, and community re-entry facilities. It operates through the following segments: U.S. Secure, Electronic Monitoring and Supervision, Reentry, and International Services. The U.S. Secure Services segment encompasses the United States-based public-private partnership corrections and detention business. The Electronic Monitoring and Supervision Services segment conducts its services in the U.S. The Reentry Services Segment consists of various community-based and reentry services. The International Services segment consists of public-private partnership secure services operations in Australia and South Africa. The company was founded by George C. Zoley in 1984 and is headquartered in Boca Raton, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GEO Group achieves record revenues and aims for debt reduction

GEO Group reported strong financial results in Q4 2022, with record revenues and profitability. The company aims to reduce debt and leverage while expanding its service offerings and exploring growth opportunities. Challenges lie in managing inflationary costs and navigating potential shifts in immigration policies.

GEO Group reports Q1 revenue growth, eyes international expansion

GEO Group's Q1 2023 showcased revenue growth driven by Electronic Monitoring, offset by net income challenges from higher interest expenses.
Strategic debt reduction efforts and focus on innovative solutions like VeriWatch device position the company for long-term stability and growth.

GEO Group surpasses Q2 expectations, eyes growth amid challenges

GEO Group's Q2 performance exceeded expectations, driven by revenue growth and strategic contracts. While facing challenges with participant counts and legal uncertainties, the company's focus on debt reduction and service quality positions them for stability. Opportunities in growth markets and policy changes provide avenues for future success.

GEO Group reports steady Q3 performance amidst revenue challenges

GEO Group showcased solid financial performance in Q3 2023 with renewed contracts and population growth, despite challenges in Secure Services revenue.
The company's focus on debt reduction, potential growth opportunities from the ISAP proposal, and pricing adjustments on state contracts highlight strategic resilience.
Operational challenges include rising labor and healthcare costs impacting margins, and decisions on facility utilization based on customer priorities.
Overall, GEO Group's performance reflects stability, adaptability to market dynamics, and a commitment to optimizing operational efficiency and shareholder value.

GEO Group reports strong Q4 performance amidst ICE challenges

GEO Group's Q4 2023 performance reflects resilience amidst challenges, with a focus on operational excellence, financial prudence, and growth opportunities.
The company's strengths lie in its diversified services platform, stable margins, and commitment to shareholder value through strategic initiatives.
Challenges include ICE funding uncertainties, policy changes, and technology evolution, requiring adaptability and strategic planning.
Opportunities for growth through rebranding, technology development, and asset redeployment position GEO Group for future success and shareholder returns.

GEO Group reports solid Q1 earnings, eyes revenue diversification

GEO Group's Q1 2024 performance reflects revenue growth and strong financial management, with a focus on debt refinancing and potential capital returns.
Operational strengths in service delivery and government partnerships are highlighted, alongside challenges in cost management and contract renewals.
Opportunities lie in leveraging idle facilities for ICE detention, potential modifications for idle beds, and securing long-term contract renewals for stability.

GEO Group reports mixed Q2 results, focuses on debt reduction

GEO Group's Q2 performance reflects a mix of revenue growth and challenges in profitability.
The company's focus on debt reduction and operational milestones showcases strategic initiatives.
Analysts' inquiries highlight interest in growth opportunities and financial strategies.
Navigating political and financial challenges while capitalizing on expansion prospects will be key.

GEO Group reports mixed Q3 performance, eyes federal support

GEO Group's Q3 2024 showed mixed performance with growth potential.
Strong focus on operational milestones, audits, and rehabilitation programs.
Challenges include ICE funding uncertainties and staffing issues.
Opportunities lie in federal support, growth segments, and partnerships.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

AbbVie

Anheuser-Busch InBev

Altria

NRG Energy

Nintendo

Sunoco

Although growth-related investments have been all the rage, smart investors should see the potential in buying value stocks. The post 7 Value Stocks You Want In Your Life appeared first on InvestorPlace.

7 Value Stocks You Want In Your Life

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its first quarter 2021 financial results on Monday, May 10, 2021 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Monday, May 10, 2021. Hosting the call for GEO will be George C. Zoley, Chairman, Chief Executive Officer and Founder, Brian R. Evans, Senior Vice President and Chief Financial Officer, Blake Davis, President, GEO Secure Services,

The GEO Group Announces Date for First Quarter 2021 Earnings Release and Conference Call

American Fin Tr Inc - Ordinary Shares - Class A

American Fin Tr Inc - 7.50% PRF PERPETUAL USD 25 - Ser A

Enbridge

Global Net Lease

Nuveen Energy MLP Total Return Fund

Invesco KBW Premium Yield Equity REIT ETF

Realty Income Corp

Office Properties Income Trust

Office Properties Income Trust - 5.875% NT REDEEM 01/05/2046 USD 25

Cohen & Steers Quality Income Realty Fund

Vanguard Real Estate ETF

W. P. Carey

High yield generally means high risk. Blindly chasing for high yield rarely ends well for individual investors.

What I Wish I Knew Before Investing In High-Yield Stocks

The GEO Group, Inc. (NYSE:GEO) is a prison operator structured as a real estate investment trust (REIT). It describes itself as specializing in the design, financing, development and operation of secure facilities, processing centers and community re-entry centers in the United States, Australia, South Africa and the United Kingdom.

GEO Group - Too Much Pessimism Provides Opportunity

We believe GEO needs to immediately pivot its strategy to deal with the realities of the current political climate to protect shareholder value. We urge GEO to begin negotiations with the US Bureau of Prisons (BOP) and United States Marshals Service (USMS) to sell or lease Company-owned facilities to these government entities.

GEO Group Needs A Strategic Reset

My valuation indicates that GEO Group's fair value is about $15.61 per share, given the fact that it plays an important role in social safety. Ongoing political and financial pressures have put it in a precarious position; I believe its price is now at an attractive level to buy and carries a huge upside potential.

GEO Group: A Stock With An Options-Like Return Profile

GEO finally eliminated its dividend - sending the stock down 20%. Even after the crash, the stock still is not cheap when you dig deep into the numbers.

Geo Group Cuts The Dividend: What Now?

CoreCivic

GEO Group suspended quarterly dividends and CoreCivic will be issuing new senior notes, both in an attempt to reduce debt. Investors haven't responded with enthusiasm.

Private Prison Stocks: Why GEO Stock and CXW Stock Are Slumping Today

Shares of the private prison operator tumbled after the company suspended its dividend.

Why GEO Group Stock Was Sliding Today

Shares of GEO Group Inc. sank 3.5% in premarket trading Wednesday, after the real estate investment trust said it has immediately suspended its dividend, and will evaluate its structure as a REIT. The company said it plans to maximize the use of cash flows to repay debt and internally fund growth.

GEO Group stock drops after high dividend suspended, REIT structure being evaluated

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today that its Board of Directors (the “Board”) has immediately suspended GEO's quarterly dividend payments with the goal of maximizing the use of cash flows to repay debt, deleverage, and internally fund growth. GEO currently intends to maintain its corporate tax structure as a Real Estate Investment Trust (“REIT”), but the Board has determined to undertake an evaluation of GEO's structure as a REIT. The Board

The GEO Group Suspends Quarterly Dividend to Maximize Repayment of Debt While It Evaluates Corporate Structure

Clover Health Investments

GameStop

Nobody likes overvalued stocks with diminishing business potential.

3 Bad Growth Stories to Avoid at All Costs

Exxon Mobil

These high-yield stocks are at a higher risk of a dividend reduction.

Watch Out! These 2 Stocks Might Cut Their Dividends

GEO has continued to fall, and deservedly so. The yield is massive, but is a trap.

GEO Group's Dividend Is Not Safe

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today that the U.S. Marshals Service (“USMS”) has notified GEO of a non-renewal of the contract for the company-owned, 222-bed Queens Detention Facility ending March 31, 2021. GEO has requested a contract extension from the USMS in order to provide for a proper transition. The potential non-renewal of the contract for the Queens Detention Facility, which generated approximately $19 million in annualized revenue

The GEO Group Announces Non-Renewal of U.S. Marshals Service Contract for Queens Detention Facility in New York

Big 5 Sporting Goods

Interactive Brokers

McDonald's

RCI Hospitality

Smith & Wesson Brands

With the markets still uncertain, it's time to get cynical and consider entering one of these bad-boy names. Here are seven sin stocks to buy.

7 Sin Stocks That Are Living the Good Life

Whitestone REIT

Like The Weakest Link, the stock market doesn't care about your feelings.

3 'Weak Link' REITs To Avoid

Shares of the prison owner got hit hard after it announced earnings. Here's a look at what got investors so upset.

Why The GEO Group Stock Plunged 19.5% in February

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that its wholly-owned subsidiary, GEO Corrections Holdings, Inc. (“GEOCH”), has closed its previously announced private offering of $230,000,000 aggregate principal amount of 6.50% exchangeable senior unsecured notes due 2026 (the “notes”), including $30,000,000 aggregate principal amount of notes sold pursuant to the exercise in full of the initial purchasers' over-allotment option to pu

The GEO Group, Inc. Announces Exercise in Full of Initial Purchasers' Over-Allotment Option and Closing of Private Offering of 6.50% Exchangeable Senior Notes Due 2026 by Its Subsidiary, GEO Corrections Holdings, Inc.

HollyFrontier

Molson Coors Brewing

Wells Fargo

Michael Burry's Scion Asset Management appeared to be incredibly active in the fourth quarter of 2020, according to its latest 13F.

Michael Burry Goes on a Buying Spree in Q4

Michael Burry Goes on a Buying Spree in 4th Quarter

GEO's recent dividend cut is not nearly enough to deal with its large debt load. GEO has pronounced exposure to Federal Bureau of Prisons, which may lead to significant headwinds in the near term.

Geo Group: Why The 13% Dividend Yield Is A Value Trap

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today the pricing of the offering by its wholly-owned subsidiary, GEO Corrections Holdings, Inc. (“GEOCH”) of $200,000,000 aggregate principal amount of 6.50% exchangeable senior unsecured notes due 2026 (the “notes”) in a private offering under the Securities Act of 1933, as amended (the “Securities Act”). The notes will be guaranteed by GEO and GEO's subsidiaries that are guarantors under GEO

The GEO Group, Inc. Announces Pricing of Offering of $200 Million of Exchangeable Senior Notes Due 2026 by Its Subsidiary, GEO Corrections Holdings, Inc.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”) announced today that its subsidiary, GEO Corrections Holdings, Inc. (“GEOCH”), intends, subject to market and other customary conditions, to offer $200,000,000 aggregate principal amount of exchangeable senior unsecured notes due 2026 (the “notes”) in a private offering. GEOCH also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional $30,000,000 aggregate principal amount o

The GEO Group, Inc. Announces Offering of Exchangeable Senior Notes Due 2026 by Its Subsidiary, GEO Corrections Holdings, Inc.

The GEO Group, Inc. (GEO) CEO George Zoley on Q4 2020 Results - Earnings Call Transcript

News for GEO Group Stock (GEO)