|Bid||14.70 x 1100|
|Ask||14.94 x 3200|
|Day's Range||14.31 - 14.67|
|52 Week Range||13.28 - 24.03|
|Beta (5Y Monthly)||1.06|
|PE Ratio (TTM)||10.78|
|Earnings Date||Feb 12, 2020 - Feb 17, 2020|
|Forward Dividend & Yield||1.92 (13.53%)|
|1y Target Est||23.00|
The market has been volatile in the last few months as the Federal Reserve finalized its rate cuts and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by more than 10 percentage […]
The U.S. District Court for the Central District of California has certified four classes of detained immigrants who allege claims of forced labor and wage theft against The GEO Group (NYSE: GEO), one of the country's largest for-profit prison companies.
In a phone call with shareholders, CEO George Zoley said several banks have expressed interest in establishing a lending relationship with the private prison company, despite negative media reports.
BOCA RATON, Fla.-- -- 3Q19 Net Income Attributable to GEO of $0.39 per diluted share 3Q19 Adjusted Net Income of $0.44 per diluted share 3Q19 AFFO of $0.72 per diluted share Updated FY19 guidance for Net Income Attributable to GEO of $1.45-$1.47 per diluted share and Adjusted Net Income of $1.60 to $1.62 per diluted share Updated FY19 AFFO guidance of $2.75-$2.77 per diluted share Repurchased $34 million ...
BOCA RATON, Fla.-- -- Earnings Release Scheduled for Tuesday, November 5, 2019 Before the Market Opens Conference Call Scheduled for Tuesday, November 5, 2019 at 11:00 AM The GEO Group, Inc. will release its third quarter 2019 financial results on Tuesday, November 5, 2019 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM on Tuesday, November 5, 2019. ...
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.
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 ...
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