Many Geo Group Inc (The)(GEO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Canaccord Genuity on Dec 12, 2016 to Buy, Raises Price Target to $ 38 from a previous price target of $35 .
Company has reported several Insider transactions to the SEC, on Dec 13, 2016, Ronald A. Brack (VP, CAO and Controller) sold 17,340 shares at 34.96 per share price.On Dec 9, 2016, Christopher C. Wheeler (director) sold 1,000 shares at 34.00 per share price.On Sep 6, 2016, Ann M Schlarb (SVP,GEO & Pres.GEO Care) purchased 1,500 shares at 19.51 per share price.
The GEO Group Inc Last issued its quarterly earnings results on Nov 3, 2016. The company reported $0.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $0.75. The company had revenue of $554.40 million for the quarter, compared to analysts expectations of $566.74 million. The companys revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS.
Geo Group Inc (The) (NYSE:GEO) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.67 by 3 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Geo Group Inc (The) (NYSE:GEO): The stock price is expected to reach $ 41.5 in the short term. The number of analysts agreeing with this consensus is 2. The higher estimate for the short term price target is at $45 while the lower estimate is at $38. The standard deviation of the price stands at $4.95.
Geo Group Inc (The) (NYSE:GEO) rose 1.05% or 0.47 points on Tuesday and made its way into the gainers of the day. After trading began at $44.25 the stock was seen hitting $45.13 as a peak level and $44.08 as the lowest level. The stock ended up at $45.04. The daily volume was measured at 877,390 shares. The 52-week high of the share price is $45.13 and the 52-week low is $16.26. The company has a market cap of $3,379 million.
The GEO Group, Inc. is an equity real estate investment trust. It specializes in the design, development, financing and operation of correctional, detention and community reentry facilities. It has operations in the United States, Australia, South Africa, and the United Kingdom. The GEO Group, Inc. is headquartered in Boca Raton, Florida.