|Bid||17.27 x 800|
|Ask||17.38 x 800|
|Day's Range||17.21 - 17.85|
|52 Week Range||17.21 - 26.30|
|Beta (3Y Monthly)||1.03|
|PE Ratio (TTM)||13.79|
|Earnings Date||Jul 30, 2019|
|Forward Dividend & Yield||1.92 (10.82%)|
|1y Target Est||23.00|
NYSTRS owns millions of dollars in shares of Geo Group and CoreCivic. Its Empire State peers have divested those stocks.
BOCA RATON, Fla.-- -- Earnings Release Scheduled for Tuesday, July 30, 2019 Before the Market Opens Conference Call Scheduled for Tuesday, July 30, 2019 at 11:00 AM The GEO Group, Inc. will release its second quarter 2019 financial results on Tuesday, July 30, 2019 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM on Tuesday, July 30, 2019. Hosting the ...
Geo Group and CoreCivic lose ground as another bank joins list of those refusing to do future business with private prison operators.
Shares of the company have plummeted since June, when U.S. Sen. Elizabeth Warren released a plan to end government contracts with private prison companies.
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.
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The GEO Group, Inc. announced that on July 9, 2019, its Board of Directors declared a quarterly cash dividend of $0.48 per share. The quarterly cash dividend will be paid on July 26, 2019 to shareholders of record as of the close of business on July 19, 2019.
SunTrust Banks Inc will stop financing operators of private prisons and immigration holding facilities, it said on Monday, becoming the latest lender to distance itself from a sector associated with the Trump administration's policies. In 2018 lenders including Bank of America Corp and Wells Fargo & Co raised roughly $1.8 billion in three deals for CoreCivic and GEO Group, according to Refinitiv data. 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.
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The decision comes barely a week after Sen. Elizabeth Warren rolled out a plan to end all private prison contracts with federal agencies.
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Bank of America Corp said on Wednesday it will no longer finance operators of private prisons and detention centers, joining peers in distancing itself from a sector that has triggered protests over the Trump administration's immigration policies. JPMorgan Chase & Co and Wells Fargo & Co. made similar commitments to stop financing private prison companies earlier this year. Activism against the financing of private prisons has increased amid tightening immigration policies under U.S. President Donald Trump and concerns about detention conditions.
The GEO Group (GEO) (“GEO”) commented today on Bank of America’s decision to no longer extend financing to correctional and rehabilitation services providers. GEO expects there to be no impact to its Senior Revolving Credit Facility (the “Revolver”), which was recently extended. The maturity for the amended Revolver was extended to May 17, 2024.
If you own shares in The GEO Group, Inc. (NYSE:GEO) then it's worth thinking about how it contributes to the...
Bank of America will stop financing companies that providing prisoner and immigrant detention services for federal and state governments. A company spokesperson told Yahoo Finance it will do so “as expeditiously as possible." Yahoo Finance's Julie Hyman, Adam Shapiro and Dan Roberts along with Benchmark CEO Kevin Kelly discuss.