|Bid||23.80 x 2900|
|Ask||26.50 x 2200|
|Day's Range||24.95 - 25.55|
|52 Week Range||19.05 - 28.06|
|PE Ratio (TTM)||20.69|
|Earnings Date||Oct 29, 2018 - Nov 2, 2018|
|Forward Dividend & Yield||1.88 (7.45%)|
|1y Target Est||29.00|
The GEO Group Inc is a US$3.07b mid-cap, real estate investment trust (REIT) based in Boca Raton, United States. REITs are basically a portfolio of income-producing real estate investments, whichRead More...
“Private Prisons Are Sued Over Work Programs for Migrants” (U.S. News, July 23) about lawsuits against Geo Group Inc. and CoreCivic Inc. alleging forced labor, unjust enrichment and minimum-wage law violations omitted crucial information. First, the dollar/day rate set by Congress for work performed by those in custody under immigration laws was in an appropriations act that expired in 1979. Second, in addition to the district court and Tenth Circuit Appellate Court finding legal merit to the allegations of forced labor and unjust enrichment, a federal judge in Washington (a Reagan appointee) and two federal judges in California independently not only denied Geo’s and CoreCivic’s motions to dismiss on these charges, but also greenlighted the charges alleging violations of minimum-wage laws.
A labor union representing American teachers on Friday urged pension funds to cut their exposure to investment firms that have funneled millions of dollars into private prisons, saying the companies are getting rich on the U.S. government's practice of separating migrant families. The American Federation of Teachers, which influences over $1 trillion in public-teacher pension plans, published a report identifying more than two dozen firms that bet on jail operators CoreCivic Inc and GEO Group Inc and defense contractor General Dynamics Corp, which has contracts with migrant shelters. It sent the report to pensions around the country, warning such investments could be hazardous.
NEW YORK, Aug. 09, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Avon ...
Private-prison companies keep winning, and they have U.S. taxpayers to thank. Not only are Americans footing the bill for detaining thousands of border-crossers, the Internal Revenue Service allows CoreCivic Inc. and GEO Group Inc. to legally avoid paying taxes on their gains. A dollar placed on CoreCivic the day before President Donald Trump’s 2016 election, with dividends reinvested, would be worth $2.02 today.
A group of immigrant fathers, recently reunified with their sons and detained in Texas, have gone on a hunger strike to demand their release, an immigrant rights group representing them said on Thursday. The U.S. Immigration and Customs Enforcement (ICE) agency said there had not been a hunger strike by residents of the Karnes County Residential Center, about 51 miles (82 km) southeast of San Antonio. "On Aug. 2, a small group of fathers and their children (fewer than 50 total) staged a brief sit-in and expressed their concerns about their immigration cases," ICE said in a statement.
Geo Group (GEO) delivered earnings and revenue surprises of 25.00% and 1.71%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
BOCA RATON, Fla. (AP) _ Geo Group Inc. (GEO) on Thursday reported a key measure of profitability in its second quarter. The Boca Raton, Florida-based real estate investment trust said it had funds from operations of $72.2 million, or 60 cents per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 48 cents per share.
BOCA RATON, Fla.-- -- 2Q18 Net Income Attributable to GEO of $0.31 per diluted share 2Q18 Adjusted Net Income of $0.33 per diluted share 2Q18 AFFO of $0.60 per diluted share Updated FY2018 guidance for Net Income Attributable to GEO of $1.27-$1.31; Adjusted Net Income of $1.32-$1.36; and AFFO of $2.47-$2.51 per diluted share The GEO Group, Inc. , a fully integrated equity real estate investment trust ...
The GEO Group (NYSE: GEO ) releases its next round of earnings this Thursday. Here's Benzinga's essential guide to GEO Group's Q2 earnings report. Earnings and Revenue Analysts expect The GEO Group earnings ...
The US leveraged loan market appeared to shrug off protests at the center of a national immigration debate that saw illegal immigrants separated from their children as advocates take aim at banks financing companies that run detention centers. Advocacy groups in New York gathered Wednesday near JP Morgan Chief Executive Officer Jamie Dimon’s apartment, calling on the bank to stop lending to private prison and immigration detention companies, according to the Center for Popular Democracy, one of the protest organizers.
Two private prison companies are facing legal pressure over work programs at detention centers that pay migrants $1 a day to perform tasks such as cleaning or working in the centers’ kitchens. Recent lawsuits have accused Geo Group Inc. and Co Inc. of violating federal laws prohibiting forced labor, state minimum-wage laws or unjust-enrichment laws. The companies run detention centers for migrants caught crossing the southern border, detained asking for asylum at an official entry place or accused of living in the U.S. illegally.
LONDON, UK / ACCESSWIRE / July 17, 2018 / Active-Investors has a free review on The GEO Group, Inc. (NYSE: GEO) following the Company's announcement that it will begin trading ex-dividend on July 19, 2018. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on July 18, 2018. Active-Investors has initiated due-diligence on this dividend stock.
BOCA RATON, Fla.-- -- Earnings Release Scheduled for Thursday, August 2, 2018 Before the Market Opens Conference Call Scheduled for Thursday, August 2, 2018 at 11:00 AM The GEO Group, Inc. will release its second quarter 2018 financial results on Thursday, August 2, 2018 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM on Thursday, August 2, 2018. Hosting ...
On Monday, July 09, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged higher at the closing bell. Eight out of nine sectors ended Monday's trading session in bullish territories. Taking into consideration yesterday's market sentiment, WallStEquities.com assessed the following REIT - Healthcare Facilities equities this morning: Sabra Health Care REIT Inc. (NASDAQ: SBRA), Senior Housing Properties Trust (NASDAQ: SNH), The GEO Group Inc. (NYSE: GEO), and Ventas Inc. (NYSE: VTR).
LONDON, UK / ACCESSWIRE / July 10, 2018 / If you want a free Stock Review on TRVN sign up now at www.wallstequities.com/registration. On Monday, July 09, 2018, US markets saw broad based gains with eight out of nine sectors finishing the trading sessions in green.
The GEO Group, Inc. announced that on July 10, 2018, its Board of Directors declared a quarterly cash dividend of $0.47 per share. The quarterly cash dividend will be paid on July 27, 2018 to shareholders of record as of the close of business on July 20, 2018.
The Trump administration’s new push for more federal detention facilities for immigrants awaiting asylum hearings or deportation has brightened the outlook for the country’s two largest private prison operators. Tennessee-based CoreCivic Inc. and Florida-based Geo Group had already been helped by higher federal spending on Immigration and Customs Enforcement. Now, the Trump administration is seeking $2.8 billion in the 2019 budget year to increase the number of beds in immigration detention centers to 52,000—49,500 adult and 2,500 family beds—from about 40,000 now, a spokeswoman said.