The GEO Group
About: The GEO Group Inc specializes in detention facilities and community reentry centers. It operates in four segments: U.S. Secure Services, which mainly encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
Employees: 16,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
50% more funds holding in top 10
Funds holding in top 10: 4 [Q1] → 6 (+2) [Q2]
12% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 69
5% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 37
5% more capital invested
Capital invested by funds: $1.51B [Q1] → $1.58B (+$74.9M) [Q2]
1% more funds holding
Funds holding: 221 [Q1] → 223 (+2) [Q2]
0% less call options, than puts
Call options by funds: $68.7M | Put options by funds: $68.8M
3.93% less ownership
Funds ownership: 84.69% [Q1] → 80.76% (-3.93%) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Wedbush Jay McCanless 60% 1-year accuracy 40 / 67 met price target | 12%upside $17 | Outperform Reiterated | 19 Sept 2024 |
Wedbush Jay McCanless 60% 1-year accuracy 40 / 67 met price target | 12%upside $17 | Outperform Maintained | 8 Aug 2024 |
Jones Trading Jason Weaver 77% 1-year accuracy 17 / 22 met price target | 24%upside $18.75 | Buy Maintained | 7 Aug 2024 |
Wedbush Jay McCanless 60% 1-year accuracy 40 / 67 met price target | 25%upside $19 | Outperform Reiterated | 7 Aug 2024 |
Financial journalist opinion
Based on 3 articles about GEO published over the past 30 days