Geo Group Inc (The) REIT which can be found using ticker (GEO) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price High/Low ranges between 15 and 13 with the average target price sitting at $14.33. Given that the stocks previous close was at $7.97 this would imply there is now a potential upside of 79.8%. There is a 50 day moving average of $9.45 and the 200 day MA is $8.83. The total market capitalization for the company now stands at $979m. Visit the company website at: https://www.geogroup.com
The potential market cap would be $1,760m based on the market consensus.
The GEO Group, Inc. 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, Inc. was founded in 1984 and is headquartered in Boca Raton, Florida.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 6.78, revenue per share of 19.64 and a 5.77% return on assets.
