GEO Group

The GEO Group, Inc. engages in the design, financing, development, and support services for secure facilities, processing centers, and community re-entry facilities. It operates through the following segments: U.S. Secure, Electronic Monitoring and Supervision, Reentry, and International Services. The U.S. Secure Services segment encompasses the United States-based public-private partnership corrections and detention business. The Electronic Monitoring and Supervision Services segment conducts its services in the U.S. The Reentry Services Segment consists of various community-based and reentry services. The International Services segment consists of public-private partnership secure services operations in Australia and South Africa. The company was founded by George C. Zoley in 1984 and is headquartered in Boca Raton, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

GEO Group achieves record revenues and aims for debt reduction

GEO Group reported strong financial results in Q4 2022, with record revenues and profitability. The company aims to reduce debt and leverage while expanding its service offerings and exploring growth opportunities. Challenges lie in managing inflationary costs and navigating potential shifts in immigration policies.

GEO Group reports Q1 revenue growth, eyes international expansion

GEO Group's Q1 2023 showcased revenue growth driven by Electronic Monitoring, offset by net income challenges from higher interest expenses.
Strategic debt reduction efforts and focus on innovative solutions like VeriWatch device position the company for long-term stability and growth.

GEO Group surpasses Q2 expectations, eyes growth amid challenges

GEO Group's Q2 performance exceeded expectations, driven by revenue growth and strategic contracts. While facing challenges with participant counts and legal uncertainties, the company's focus on debt reduction and service quality positions them for stability. Opportunities in growth markets and policy changes provide avenues for future success.

GEO Group reports steady Q3 performance amidst revenue challenges

GEO Group showcased solid financial performance in Q3 2023 with renewed contracts and population growth, despite challenges in Secure Services revenue.
The company's focus on debt reduction, potential growth opportunities from the ISAP proposal, and pricing adjustments on state contracts highlight strategic resilience.
Operational challenges include rising labor and healthcare costs impacting margins, and decisions on facility utilization based on customer priorities.
Overall, GEO Group's performance reflects stability, adaptability to market dynamics, and a commitment to optimizing operational efficiency and shareholder value.

GEO Group reports strong Q4 performance amidst ICE challenges

GEO Group's Q4 2023 performance reflects resilience amidst challenges, with a focus on operational excellence, financial prudence, and growth opportunities.
The company's strengths lie in its diversified services platform, stable margins, and commitment to shareholder value through strategic initiatives.
Challenges include ICE funding uncertainties, policy changes, and technology evolution, requiring adaptability and strategic planning.
Opportunities for growth through rebranding, technology development, and asset redeployment position GEO Group for future success and shareholder returns.

GEO Group reports solid Q1 earnings, eyes revenue diversification

GEO Group's Q1 2024 performance reflects revenue growth and strong financial management, with a focus on debt refinancing and potential capital returns.
Operational strengths in service delivery and government partnerships are highlighted, alongside challenges in cost management and contract renewals.
Opportunities lie in leveraging idle facilities for ICE detention, potential modifications for idle beds, and securing long-term contract renewals for stability.

GEO Group reports mixed Q2 results, focuses on debt reduction

GEO Group's Q2 performance reflects a mix of revenue growth and challenges in profitability.
The company's focus on debt reduction and operational milestones showcases strategic initiatives.
Analysts' inquiries highlight interest in growth opportunities and financial strategies.
Navigating political and financial challenges while capitalizing on expansion prospects will be key.

GEO Group reports mixed Q3 performance, eyes federal support

GEO Group's Q3 2024 showed mixed performance with growth potential.
Strong focus on operational milestones, audits, and rehabilitation programs.
Challenges include ICE funding uncertainties and staffing issues.
Opportunities lie in federal support, growth segments, and partnerships.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) ("GEO") announced that on July 7, 2020, its Board of Directors declared a quarterly cash dividend of $0.48 per share. The quarterly cash dividend will be paid on July 24, 2020 to shareholders of record as of the close of business on July 17, 2020. George C. Zoley, Chairman and Chief Executive Officer of GEO, said: “We are pleased to declare a quarterly cash dividend of $0.48 per share.” The GEO Group (NYSE: GEO) is the first ful

The GEO Group Declares Quarterly Cash Dividend of $0.48 Per Share

Carnival

Darden Restaurants

Embraer

Hertz

Royal Caribbean Cruises

Spirit Airlines

Marriott Vacations Worldwide

With coronavirus cases spiking up in the Sunshine State, these nine Florida stocks face significant risk of volatility.

9 Florida Stocks to Avoid as Coronavirus Rates Spike

CoreCivic

CoreCivic made a major announcement in the recent earnings report.

CoreCivic Vs. GEO: A Tale Of 2 Prison REITs

GEO Group: Considering Whether A Dividend Cut Is On The Horizon

NEW YORK, June 24, 2020 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of The GEO Group, Inc. ("GEO Group" or the "Company") (NYSE: GEO). Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 7980. The...

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The GEO Group, Inc. - GEO

NEW YORK, June 19, 2020 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The GEO Group, Inc. ("GEO" or "the Company") (NYSE: GEO). Investors who purchased GEO securities are encouraged to obtain...

GEO Investor Alert: Bronstein, Gewirtz & Grossman, LLC Announces Investigation of The GEO Group, Inc. and Encourages Investors to Contact the Firm

Although nothing in particular happened at the real estate investment trust, one of its peers shocked Wall Street, and investors' concerns spread quickly.

Why The GEO Group Stock Fell 10% at the Open on June 17

GEO Group: Uninvestable Until A Dividend Cut As Deleveraging Or A Buyback Is A Better Use Of Capital

Main Street Capital

Cohen & Steers Quality Income Realty Fund

STAG Industrial

Some investors cannot handle the volatility and lack of income from FAANG stocks, and the Fed's near-zero interest rate policy creates challenges for income-focused retirees too.

Forget FAANG: 5 Top Big Dividends Worth Considering

Geo Group: The Stock To Own In A Depression

When negative sentiment already exists, a broad market decline can fuel it.

The More You Sell, The More I Buy: GEO Group

Illinois Tool Works

Peloton

Univar

Insider buying can be an encouraging signal for potential investors. A red-hot cult stock saw a beneficial owner adding to its stake this week.

Notable Insider Buys This Past Week: Peloton, Illinois Tool Works And More

The GEO Group, Inc. (GEO) CEO George Zoley on Q1 2020 Results - Earnings Call Transcript

Iron Mountain

VEREIT

'Once In A Decade' Opportunity To Buy 3 Durable REITs For Income

EPR Properties

Top 3 REITs To Buy The Dip

AGNC Investment

Cedar Realty Trust

Hersha Hospitality Trust Class A

Macerich

Park Hotels & Resorts

RLJ Lodging Trust

Simon Property Group

Taubman Centers

Vanguard Real Estate ETF

5 High-Yielding REIT Sectors, Four To Own And One To Avoid

The GEO Group's (GEO) CEO George Zoley on Q4 2019 Results - Earnings Call Transcript

PIMCO Dynamic Credit and Mortgage Income Fund

PIMCO Dynamic Income Fund

PIMCO Corporate & Income Opportunity Fund

Healthcare is one of the largest expenses for American retirees.

Retirement: Healthcare Expense Planning

BlackRock Energy and Resources Trust

Occidental Petroleum

Vermilion Energy

Washington Prime Group

XAI Octagon Floating Rate & Alternative Income Term Trust

We saw a lot of red across the market in general on Friday.

Don't Panic: Coronavirus, Malls And Market Downside

Pennsylvania Real Estate Investment Trust

Starbucks

SPDR S&P 500 ETF Trust

Jussi Askola Positions For 2020: Strong Buys Among REITs

Prison REITs: Go Woke, Go Broke

Guardant Health Inc

Since Elizabeth Warren made her prison policy pitch, shares in two prison REITs have lost around one-third of their value since June 2019.

2 Prison REITs Poised To Profit

The GEO Group, Inc. (GEO) CEO George Zoley on Q3 2019 Results - Earnings Call Transcript

Prison stocks are now selling as cheaply as they were in mid-2016, when it appeared Hillary Clinton would win.

News for GEO Group Stock (GEO)