|Bid||15.21 x 800|
|Ask||15.23 x 900|
|Day's Range||15.20 - 15.79|
|52 Week Range||14.68 - 25.10|
|Beta (3Y Monthly)||0.96|
|PE Ratio (TTM)||11.79|
|Earnings Date||Nov 5, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||1.92 (12.30%)|
|1y Target Est||23.00|
The GEO Group, Inc. announced that on October 14, 2019, its Board of Directors declared a quarterly cash dividend of $0.48 per share. The quarterly cash dividend will be paid on November 1, 2019 to shareholders of record as of the close of business on October 25, 2019.
California moved to end the use of private, for-profit lockups in America's largest state prison system as well as in federal immigration detention centers in the state under a measure signed into law on Friday by Governor Gavin Newsom. The new law bars the California Department of Corrections and Rehabilitation from entering into or renewing a contract with a private company to run a state prison after Jan. 1, 2020, unless needed to meet court-ordered inmate housing limits. It will ban California from incarcerating anyone in privately run facilities altogether from 2028.
America's largest state prison system is moving to quit the practice of farming out inmates to lockups run under contract by private companies, following a nationwide decline in the for-profit incarceration business. California Governor Gavin Newsom is expected to sign legislation this week designed to effectively ban private, for-profit corporations from running prisons or immigration detention facilities. Sponsors of the measure say it will end a brief but hapless experiment in privately outsourced incarceration begun as a means to ease overcrowding - an endeavor Newsom branded an outrage when he took office in January.
The GEO Group, Inc. (GEO) ("GEO") published today the company’s first-ever Human Rights and Environmental, Social & Governance (ESG) report. This industry-leading program received the ‘Innovation in Corrections’ award from the American Correctional Association in 2018.
Passive investing in an index fund is a good way to ensure your own returns roughly match the overall market. When you...
This retreat follows a parade of major lenders announcing they would no longer offer financing to private detention center operators amid a public uproar over immigrant detention policies of U.S. President Donald Trump's administration. Wells Fargo and SunTrust Robinson Humphrey dropped analyst coverage of the prison companies earlier this month putting the pair in a very small group of big companies with no coverage from Wall Street analysts that sell research to investors. GEO and CoreCivic are among the roughly 3% of companies without analyst coverage among New York Stock Exchange listed companies with a market capitalizations between $1 billion and $3 billion, according to data from Refinitiv.
- As trade talks between the United States and China resumed on Tuesday in Shanghai, U.S. President Donald Trump began playing down the likelihood of a deal before the 2020 election. The president's comments underscored the diminishing prospects for a transformative trade deal anytime soon and the extent to which the bilateral relationship has not unfolded in the way that Trump expected. - The planned reboot of Gawker, the news, gossip and commentary site that shut down in 2016, has been put off indefinitely and its staff laid off, the site's owner, Bustle Digital Group said on Tuesday.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of GEO Group, Inc. New York, July 30, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of GEO Group, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
On Tuesday, July 30, The GEO Group (NYSE: GEO ) will release its latest earnings report. Benzinga's outlook for The GEO Group is included in the following report. Earnings and Revenue Based on The GEO ...
NYSTRS owns millions of dollars in shares of Geo Group and CoreCivic. Its Empire State peers have divested those stocks.
Geo Group and CoreCivic lose ground as another bank joins list of those refusing to do future business with private prison operators.
France's BNP Paribas SA on Friday said it will no longer finance U.S. private prison operators, the first foreign bank to distance itself from a sector shunned by domestic peers amid controversy over Trump administration detention policies. Company spokesman Ilias Catsaros told Reuters of the change in policy. Banks have been under pressure to cut ties with the private prison industry since U.S. President Donald Trump’s restrictions on immigration raised concerns about detention center conditions.
A U.S. House committee said Thursday it will investigate for-profit immigrant detention center contractors including The GEO Group Inc (NYSE: GEO ) and Corecivic Inc (NYSE: CXW ). Representatives sent ...
Lawmakers in the U.S. House of Representatives said on Thursday they have sent letters seeking documents and information from three companies responsible for detaining illegal immigrants arrested by U.S. immigration agents. The House Oversight Committee and its House Subcommittee on Civil Rights and Civil Liberties sent letters to CoreCivic Inc , Geo Group Inc and DC Capital Partners LLC seeking information about the facilities they operate under contract from the U.S. government. "The committee is investigating the Trump administration's rapidly increasing use of for-profit contractors to detain tens of thousands of immigrants, including a troubling series of reports of health and safety," Representatives Elijah Cummings and Jamie Raskin wrote in the letters.
83% of prison inmates are arrested again following their release, according to data from Recidivism -- how one former NFL player is fighting to decrease that statistic. Yahoo Finance's Zack Guzman, Emily McCormick & Reggie Wade discuss with The Brewer Group CEO Jack Brewer