Geo Group Inc (The)(GEO) is having a Dividend Yield of 6.19% with the Annual cash Dividend per share of $2.6. The last quarter cash dividend per share pay out was $0.65. Geo Group Inc (The) has a 5 year average dividend yield of 5.86% and the stock has a Indicated annual dividend of $2.8. Geo Group Inc (The)(GEO) formally announced its most recent dividend on February 6, 2017 with a Dividend per share of $0.7. The new indicated annual dividend based on announced dividend per share is $2.8. The dividend yield based on the forward looking indicated annual dividend is 6.19%. Geo Group Inc (The)(GEO) has the most recent dividend payout ratio of 0.71 with a 5-year average payout ratio of 0.79. The 5 year historical dividend growth of Geo Group Inc (The)(GEO) is at the rate of 21.9% while the R-Squared dividend growth is 0.53. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.
Geo Group Inc (The) (NYSE:GEO) witnessed a decline in the market cap on Thursday as its shares dropped 0.42% or 0.19 points. After the session commenced at $45.08, the stock reached the higher end at $45.42 while it hit a low of $44.625. With the volume soaring to 750,324 shares, the last trade was called at $45.07. The company has a 52-week high of $45.42. The company has a market cap of $3,381 million and there are 75,013,069 shares in outstanding. The 52-week low of the share price is $16.26. Shares of The GEO Group, Inc. rose by 6.02% in the last five trading days and 16.76% for the last 4 weeks. The GEO Group, Inc. is up 46.74% in the last 3-month period. Year-to-Date the stock performance stands at 27.42%.
Currently the company Insiders own 2.2% of Geo Group Inc (The) shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.72% . Institutional Investors own 88.16% of Geo Group Inc (The) shares. During last six month period, the net percent change held by insiders has seen a change of 2.69%. 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.
Several 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 .
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.
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.