The GEO Group (GEO) to Release Quarterly Earnings on Thursday

The GEO Group (NYSE:GEO) is anticipated to release its earnings data before the market opens on Thursday, February 27th. Analysts expect The GEO Group to post earnings of $0.21 per share and revenue of $607.45 million for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

The GEO Group Price Performance

The GEO Group stock opened at $27.76 on Thursday. The stock has a market capitalization of $3.88 billion, a PE ratio of 95.73, a price-to-earnings-growth ratio of 2.15 and a beta of 0.87. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.10 and a quick ratio of 1.10. The GEO Group has a 12 month low of $11.50 and a 12 month high of $36.46. The business has a 50 day simple moving average of $29.58 and a 200-day simple moving average of $21.68.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Northland Securities increased their price target on shares of The GEO Group from $16.00 to $37.00 and gave the stock an “outperform” rating in a report on Friday, November 8th. Wedbush restated an “outperform” rating on shares of The GEO Group in a research report on Tuesday, December 17th. Finally, Noble Financial downgraded shares of The GEO Group from an “outperform” rating to a “market perform” rating in a report on Monday, November 11th.

About The GEO Group

The GEO Group, Inc (NYSE: GEO) engages in ownership, leasing, and management of secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa. The company also provides secure facility management services, including the provision of security, administrative, rehabilitation, education, and food services; reentry services, such as temporary housing, programming, employment assistance, and other services; electronic monitoring and supervision services; and transportation services; as well as designs, constructs, and finances new facilities through projects.