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 December 13, 2024, GEO stock price declined to $27.56 with 73,253 million shares trading.

GEO has a beta of 2.33, meaning it tends to be more sensitive to market movements. GEO has a correlation of 0.17 to the broad based SPY ETF.

GEO has a market cap of $3.85 billion. This is considered a Mid Cap stock.

Last quarter Geo Group REIT reported $603 million in Revenue and $.21 earnings per share. This fell short of revenue expectation by $-10 million and missed earnings estimates by -$.03.

In the last 3 years, GEO traded as high as $29.86 and as low as $5.21.

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

GEO has outperformed the market in the last year with a return of +171.0%, while the SPY ETF gained +32.1%. In the last 3 month period, GEO beat the market returning +118.6%, while SPY returned +8.7%. However, in the most recent 2 weeks GEO has underperformed the stock market by returning -3.9%, while SPY returned +1.2%.

GEO support price is $26.78 and resistance is $28.76 (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 shares will trade within this expected range on the day.