Geo Group Inc (The) REIT found using ticker (GEO) have now 3 analysts in total covering the stock. The consensus rating is ‘Strong_Buy’. The range between the high target price and low target price is between 15 and 13 with the average target price sitting at 14.33. Given that the stocks previous close was at 8.79 this now indicates there is a potential upside of 63.0%. The 50 day moving average now sits at 10.7 and the 200 day MA is 8.72. The company has a market capitalisation of $1,091m. Find out more information at: https://www.geogroup.com
The potential market cap would be $1,779m based on the market concensus.
The GEO Group engages in the ownership, leasing, and management of secure facilities, reentry facilities, and processing centers in the United States, Australia, and South Africa. It operates through four segments: U.S. Secure Services, Electronic Monitoring and Supervision Services, Reentry Services, and International Services. The company provides counseling, education, and treatment for alcohol and drug abuse problems at various facilities; and compliance technologies for monitoring services, and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants. It also offers secure facility management services, including security, administrative, rehabilitation, education, and food services at secure services facilities; reentry services comprising supervision of individuals in community-based programs and reentry centers, and provision of temporary housing, programming, employment assistance, and other services; and supervision and reporting services that improves the participation of non-detained aliens in the immigration court system. In addition, the company provides secure transportation services; and rehabilitation services, such as evidence-based, including cognitive behavioral treatment and post-release services, as well as academic and vocational classes in life skills and treatment programs under the GEO Continuum of Care platform; and develops new facilities based on contract, as well as designs, constructs, and finances the facilities. The GEO Group was founded in 1984 and is headquartered in Boca Raton, Florida.
