Wedbush upgraded Geo Group from Neutral to Outperform and set a new price target of $14.00 from $10.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/5/2025 | $32.00 | Market Perform → Outperform | Noble Capital Markets |
| 11/11/2024 | Outperform → Market Perform | Noble Capital Markets | |
| 10/2/2023 | $14.00 | Outperform | Northland Capital |
| 11/29/2022 | $10.00 → $14.00 | Neutral → Outperform | Wedbush |
The GEO Group, Inc. (NYSE:GEO) ("GEO"), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the first quarter of 2025. First Quarter 2025 Highlights Total revenues of $604.6 million Net Income of $19.6 million Net Income Attributable to GEO of $0.14 per diluted share Adjusted EBITDA of $99.8 million For the first quarter 2025, we reported net income attributable to GEO of $19.6 million, or $0.14 per diluted share, compared to net income attributable to GEO of $22.7 million, o
Earnings Release Scheduled for Wednesday, May 7, 2025 Before the Market Opens Conference Call Scheduled for Wednesday, May 7, 2025 at 11:00 AM (Eastern Time) The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its first quarter 2025 financial results on Wednesday, May 7, 2025 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Wednesday, May 7, 2025. Hosting the call for GEO will be George Zoley, Executive Chairman of the Board, J. David Donahue, Chief Executive Officer, and Mark Suchinski, Chief Financial Officer. To participate in the teleconference, please contact one of the following numbers 5 minutes prior to the s
The GEO Group, Inc. (NYSE:GEO) ("GEO"), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the fourth quarter and full year 2024. Fourth Quarter 2024 Highlights Total revenues of $607.7 million Net Income of $15.5 million Net Income Attributable to GEO of $0.11 per diluted share Adjusted Net Income of $0.13 per diluted share Adjusted EBITDA of $108.0 million For the fourth quarter 2024, we reported net income attributable to GEO of $15.5 million, or $0.11 per dilut
Noble Capital Markets upgraded Geo Group from Market Perform to Outperform and set a new price target of $32.00
Noble Capital Markets downgraded Geo Group from Outperform to Market Perform
Northland Capital initiated coverage of Geo Group with a rating of Outperform and set a new price target of $14.00
The GEO Group, Inc. (NYSE:GEO) ("GEO" or the "Company") announced today a $70 million investment in capital expenditures to strengthen the Company's capabilities to deliver expanded detention capacity, secure transportation, and electronic monitoring services to U.S. Immigration and Customs Enforcement ("ICE"). GEO is currently the largest service provider to ICE, currently providing approximately 21,000 detention beds (with a present census of 14,000) at 16 ICE Processing Centers with the ability to expand to a minimum of 32,000 beds at 23 facilities. GEO also presently provides electronic monitoring and case management services for approximately 185,000 participants under the Intensive Su
The GEO Group, Inc. (NYSE:GEO) ("GEO" or the "Company") announced today the appointment of Mark J. Suchinski as Senior Vice President and Chief Financial Officer, effective July 8, 2024. Mr. Suchinski has served as Senior Vice President and Chief Financial Officer for Spirit AeroSystems since 2020. In this role, Mr. Suchinski has been responsible for the overall financial management of Spirit AeroSystems, its financial reporting and transparency, and multiple corporate functions including Treasury, Investor Relations, Strategy, and Mergers and Acquisitions. Mr. Suchinski joined Spirit AeroSystems in 2006 as the Controller for the Aerostructures Segment. He subsequently served in increasin
The GEO Group, Inc. (NYSE:GEO) ("GEO") announced today that GEO's Chairman, Chief Executive Officer and Founder, George C. Zoley, will transition to the position of Executive Chairman of GEO's Board of Directors under a new five-year employment agreement with subsequent automatic one-year renewals, and Jose Gordo will be appointed Chief Executive Officer effective July 1, 2021, reporting to Mr. Zoley. "The transition to Executive Chairman will allow me to focus on the strategic planning and execution of our company's future direction, while allowing Jose Gordo and our Senior Management Team to focus on day-to-day operations and the delivery of our services. We are pleased to have Mr. Gordo
The GEO Group, Inc. (NYSE:GEO) ("GEO"), a leading provider of contracted support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the first quarter of 2025. First Quarter 2025 Highlights Total revenues of $604.6 million Net Income of $19.6 million Net Income Attributable to GEO of $0.14 per diluted share Adjusted EBITDA of $99.8 million For the first quarter 2025, we reported net income attributable to GEO of $19.6 million, or $0.14 per diluted share, compared to net income attributable to GEO of $22.7 million, o
Earnings Release Scheduled for Wednesday, May 7, 2025 Before the Market Opens Conference Call Scheduled for Wednesday, May 7, 2025 at 11:00 AM (Eastern Time) The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its first quarter 2025 financial results on Wednesday, May 7, 2025 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Wednesday, May 7, 2025. Hosting the call for GEO will be George Zoley, Executive Chairman of the Board, J. David Donahue, Chief Executive Officer, and Mark Suchinski, Chief Financial Officer. To participate in the teleconference, please contact one of the following numbers 5 minutes prior to the s
The GEO Group, Inc. (NYSE:GEO) ("GEO" or the "Company") announced today that the Company has entered into a contract with U.S. Immigration and Customs Enforcement ("ICE") for the immediate activation of a federal immigration processing center at the GEO-owned, 1,800-bed North Lake Facility (the "Facility") in Baldwin, Michigan. Within a few months, GEO and ICE expect to finalize a long-term contract. GEO expects to provide support services for ICE at the Facility under a multi-year contract that would be expected to generate in excess of $70 million in annualized revenues in the first full year of operations, with margins consistent with GEO's company-owned Secure Services facilities. GEO'
4 - GEO GROUP INC (0000923796) (Issuer)
4 - GEO GROUP INC (0000923796) (Issuer)
4 - GEO GROUP INC (0000923796) (Issuer)
4 - GEO GROUP INC (0000923796) (Issuer)
4 - GEO GROUP INC (0000923796) (Issuer)
10-Q - GEO GROUP INC (0000923796) (Filer)
8-K - GEO GROUP INC (0000923796) (Filer)
8-K - GEO GROUP INC (0000923796) (Filer)
SC 13G - GEO GROUP INC (0000923796) (Subject)
SC 13G/A - GEO GROUP INC (0000923796) (Subject)
SC 13G/A - GEO GROUP INC (0000923796) (Subject)