GEO Stock Summary and Trading Ideas (Geo Group REIT | NYSE:GEO)

The GEO Group Inc specializes in detention facilities and community reentry centers. It operates in four segments: U.S. Secure Services, which mainly encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.

Geo Group REIT trades on the NYSE stock market under the symbol GEO.

As of May 13, 2024, GEO stock price declined to $13.08 with 2,858,085 million shares trading.

GEO has a beta of 0.41, meaning it tends to be less sensitive to market movements. GEO has a correlation of 0.02 to the broad based SPY ETF.

GEO has a market cap of $1.78 billion. This is considered a Small Cap stock.

Last quarter Geo Group REIT reported $606 million in Revenue and $.18 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.01.

In the last 3 years, GEO stock traded as high as $16.31 and as low as $4.96.

The top ETF exchange traded funds that GEO belongs to (by Net Assets): IJR, VTI, VB, IWM, VBR.

GEO has outperformed the market in the last year with a return of +51.9%, while the SPY ETF gained +27.8%. In the last 3 month period, GEO beat the market returning +13.1%, while SPY returned +4.3%. However, in the most recent 2 weeks GEO has underperformed the stock market by returning -12.0%, while SPY returned +2.5%.

GEO support price is $13.23 and resistance is $13.73 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that GEO stock will trade within this expected range on the day.