Currently, there are 139.72M common shares owned by the public and among those 132.50M shares have been available to trade.
The company’s stock has a 5-day price change of -13.88% and 96.92% over the past three months. GEO shares are trading 7.33% year to date (YTD), with the 12-month market performance up to 166.22% higher. It has a 12-month low price of $11.01 and touched a high of $36.46 over the same period. GEO has an average intraday trading volume of 3.79 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -3.58%, 3.16%, and 65.80% respectively.
Institutional ownership of Geo Group, Inc (NYSE: GEO) shares accounts for 77.77% of the company’s 139.72M shares outstanding.
It has a market capitalization of $4.20B and a beta (3y monthly) value of 0.86. The stock’s trailing 12-month PE ratio is 118.88, while the earnings-per-share (ttm) stands at $0.25. The company has a debt-to-equity ratio at 1.41. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.96% over the week and 5.36% over the month.
Earnings per share for the fiscal year are expected to decrease by -10.82%, and 86.66% over the next financial year.
Northland Capital coverage for the Geo Group, Inc (GEO) stock in a research note released on October 02, 2023 offered a Outperform rating with a price target of $14. Wedbush was of a view on November 29, 2022 that the stock is Outperform, while Wedbush gave the stock Neutral rating on June 08, 2021, issuing a price target of $7. Noble Capital Markets on their part issued Outperform rating on June 29, 2020.
