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.

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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.

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Geo Group (GEO) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Geo Group Inc The (GEO) Hits Fresh High: Is There Still Room to Run?

The mean of analysts' price targets for Geo Group (GEO) points to a 44.6% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 45% Upside in Geo Group (GEO): Can the Stock Really Move This High?

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Scion Asset Management, the firm founded by Michael Burry, disclosed in a regulatory filing that it boosted its stake in The GEO Group Inc. ( GEO , Financial) and established five new positions during the third quarter: Qurate Retail Inc. ( QRTEA , Financial), CoreCivic Inc. ( CXW , Financial), Aerojet Rocketdyne Holdings Inc. ( AJRD , Financial), Charter Communications Inc. ( CHTR , Financial) and Liberty Latin America Ltd. ( LILAK , Financial).

Michael Burry's Firm Enters 5 New Positions in 3rd Quarter

Michael Burry — the notorious hedge fund manager who bet against the housing market before the 2008 financial crisis — is eyeing a new investment lately: prison stocks. Indeed, the investor of The Big Short fame is apparently fixated on the prison industry, which makes up more than half of his current portfolio according to a recent 13F filing with the U.S. Securities and Exchange Commission (SEC).

Why Michael Burry Is Betting Big on Prison Stocks GEO, CXW

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In the second quarter, Michael Burry liquidated nearly his entire portfolio, including tech giants Alphabet and Meta Platforms.

Michael Burry of ‘Big Short' Fame Is Buying Stocks Again —Including Another Prison Company

Burry's new bets on the likes of Qurate Retail and Charter Communications lifted the value of his portfolio from about $3 million to over $41 million.

'Big Short' investor Michael Burry reveals 5 stocks he bought last quarter - after slashing his portfolio to a single holding

GEO Group's operating and financial conditions are turning positive. But the stock price remains still low, providing huge upside potential.

The GEO Group: Unique Business With High Upside Potential

Geodrill Limited (OTCQX:GEODF) Q3 2022 Earnings Conference Call November 11, 2022 10:00 AM ET Company Participants Dave Harper - President, Chief Executive Officer, and Director Greg Borsk - Chief Financial Officer Conference Call Participants Daryl Young - TD Securities Gordon Lawson - Paradigm Capital Operator Good morning, ladies and gentlemen. Thank you for standing by.

Geodrill Limited (GEODF) Q3 2022 Earnings Call Transcript

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GEO vs. EGP: Which Stock Is the Better Value Option?

GEO vs. EGP: Which Stock Should Value Investors Buy Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing The Geo Group (GEO) Right Now?

The consensus price target hints at a 53.1% upside potential for Geo Group (GEO). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Believe Geo Group (GEO) Could Rally 53%: Here's is How to Trade

The GEO Group, Inc. (NYSE:GEO ) Q3 2022 Results Conference Call October 27, 2022 11:00 AM ET Company Participants Pablo Paez - Executive Vice President, Corporate Relations George Zoley - Executive Chairman of the Board Jose Gordo - Chief Executive Officer Brian Evans - Chief Financial Officer James Black - President, GEO Secure Services Ann Schlarb - President, GEO Care Conference Call Participants Joe Gomes - Noble Capital Mitra Ramgopal - Sidoti Jay McCanless - Wedbush Kirk Ludtke - Imperial Capital Operator Good day and welcome to the GEO Group Third Quarter 2022 Earnings Conference Call. All participants will be in a listen-only mode.

The GEO Group, Inc. (GEO) Q3 2022 Earnings Call Transcript

Geo Group (GEO) delivered FFO and revenue surprises of 7.14% and 1.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Geo Group (GEO) Q3 FFO and Revenues Surpass Estimates

The GEO Group Reports Third Quarter 2022 Results

LOS ANGELES , Oct. 25, 2022 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The GEO Group, Inc. ("GEO" or "the Company") (NYSE: GEO) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

LONG TERM SHAREHOLDER REMINDER: The Schall Law Firm Encourages Investors in The GEO Group, Inc. with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / October 24, 2022 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of The GEO Group, Inc. ("GEO" or "the Company") (NYSE:GEO) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

LONG TERM INVESTOR NOTICE: The Schall Law Firm Encourages Investors in The GEO Group, Inc. with Losses to Contact the Firm

GEO has been a long-term laggard in the past few years, losing over 85% of its value since its ATH. The stock has formed a rock-solid bottom and is now trending over major support levels, heading toward its next overhead resistance.

The GEO Group: Rising From The Ashes (Technical Analysis)

HONG KONG--(BUSINESS WIRE)-- #HigherEducation--The Senior International Leaders' Meeting (SILM) 2022, of the Association of Pacific Rim Universities (APRU), successfully concluded on 19 October after three fruitful days of discussions among leaders of 41 universities across the Asia Pacific region.

Top University Leaders Shape Common Future for Higher Education at First In-person APRU Senior International Leaders' Meeting in Two Years

The GEO Group Announces Date for Third Quarter 2022 Earnings Release and Conference Call

Michael "Big Short" Burry is the founder of Scion Asset Management and famous for predicting the housing bubble of 2008. The 13-F filings Burry has filed with the SEC shows Michael Burry has sold all his stocks, however he did by one stock, The GEO Group.

Michael Burry Has Sold All His Stocks But The GEO Group, Here's Why

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) published today the company's fourth annual Human Rights and Environmental, Social & Governance (ESG) report. The report includes enhanced disclosures related to our Board oversight of human rights and ESG matters, employee diversity and training programs, corporate governance, and environmental sustainability, including updated metrics and statistics for the calendar year 2021, in accordance with th

The GEO Group Publishes Fourth Annual Human Rights and ESG Report

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group (NYSE: GEO) (“GEO”) commented today on the favorable ruling by an en banc panel of the U.S. Court of Appeals for the Ninth Circuit (the “En Banc Court”) in relation to lawsuits filed by GEO and the United States for declaratory and injunctive relief challenging California's enacted law, Assembly Bill 32 (“AB32”), which would have prohibited the operation of detention facilities in the state of California by private contractors, including contract

The GEO Group Comments on Favorable Ruling by En Banc Panel of U.S. Court of Appeals for the Ninth Circuit Against California's AB32 Law

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Although arguably most folks hate the political season due to the back-and-forth mudslinging that materializes, investors will want to pay close attention to the 2022 midterm elections. According to historical data, the midterms broadly kick off superior market performance.

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GEO vs. GLPI: Which Stock Is the Better Value Option?

GEO or GLPI: Which Is the Better Value Stock Right Now?

GEO has managed to refinance its debt, leaving room for a dividend payment or share buyback program. Revenue was up 4% year-over-year, and they are raising their outlook for FY2022.

News for GEO Group Stock (GEO)