|Bid||7.40 x 2900|
|Ask||7.58 x 1100|
|Day's Range||6.85 - 7.85|
|52 Week Range||4.96 - 11.00|
|Beta (5Y Monthly)||0.71|
|PE Ratio (TTM)||6.63|
|Earnings Date||Feb 14, 2022 - Feb 18, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Jan 22, 2021|
|1y Target Est||12.75|
As the company terminates its REIT election, it will also end its quarterly dividend payments to investors, following a unanimous vote from its board.
The prison operator finally made a call about how it wants to structure its business. Investors weren't so pleased.
The switch to C corporation from REIT 'is expected to give GEO flexibility to allocate free cash flow toward reducing net recourse debt,' it said.