Geo Group Inc (The) REIT with ticker code (GEO) now have 2 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price High/Low ranges between 15 and 13 calculating the mean target price we have $14.00. Now with the previous closing price of $7.76 and the analysts are correct then there would likely be a percentage uptick in value of 80.4%. Also worth taking note is the 50 day moving average now sits at $8.40 and the 200 day moving average is $8.94. The total market capitalization for the company now stands at $892m. Company Website: https://www.geogroup.com
The potential market cap would be $1,609m based on the market consensus.
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.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 6.17, revenue per share of 19.64 and a 5.77% return on assets.
