- Business Wire•1 hour ago
The GEO Group, Inc. announced today that the Federal Bureau of Prisons has extended its contract for the company-owned D. Ray James Correctional Facility for a two-year renewal term through September 30, 2018 for the housing of up to 1,900 federal inmates with a fixed payment for 1,800 beds compared to GEO’s previous contract which contained a fixed payment for 1,962 beds.
- The Wall Street Journal•2 days ago
A recent Homeland Security Department decision to reconsider outsourcing immigrant detention could mean overhauling a $2 billion-a-year system built around private prison contractors that house the majority ...
- Reuters•3 days ago
This came on the heels of a U.S. Justice Department announcement on Aug. 18 that it would phase out its use of privately operated prisons, a move that Hillary commended. "Saying you're going to do this is good to get elected but the math doesn't work," said Marshall whose firm owns GEO and Corrections shares. Hodges cut its exposure to GEO when its shares traded at $30 as Marshall said he expected volatility driven by political criticism of for-profit prison use.
The GEO Group, Inc. (GEO)
NYSE - NYSE Real Time Price. Currency in USD
|Day's Range||23.63 - 23.91|
|52wk Range||16.26 - 35.14|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||12.75|
|Avg Vol (3m)||1,939,384|
|Dividend & Yield||2.60 (11.08%)|