Can analysts adopt a bullish outlook for The GEO Group, Inc. (NYSE:GEO)?

The GEO Group, Inc. (NYSE:GEO) Logo

The GEO Group, Inc. (NYSE:GEO) Ratings Coverage

Among 2 analysts covering The GEO Group (NYSE:GEO), 0 have Buy rating, 0 Sell and 2 Hold. Therefore 0 are positive. The GEO Group had 5 analyst reports since February 15, 2019 according to SRatingsIntel. JP Morgan downgraded The GEO Group, Inc. (NYSE:GEO) rating on Friday, February 15. JP Morgan has “Neutral” rating and $26 target. J.P. Morgan downgraded The GEO Group, Inc. (NYSE:GEO) on Friday, February 15 to “Hold” rating. Below is a list of The GEO Group, Inc. (NYSE:GEO) latest ratings and price target changes.

14/05/2019 Broker: BidaskScore Rating: Hold Upgrade
29/03/2019 Broker: BidaskScore Rating: Sell Downgrade
11/03/2019 Broker: Wells Fargo Rating: Hold Maintain
15/02/2019 Broker: J.P. Morgan Rating: Hold Downgrade
15/02/2019 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Old Target: $27 New Target: $26 Downgrade

The stock increased 0.58% or $0.11 during the last trading session, reaching $19.08. About 1.09M shares traded or 49.80% up from the average. The GEO Group, Inc. (NYSE:GEO) has declined 9.85% since July 14, 2018 and is downtrending. It has underperformed by 14.28% the S&P500.

The GEO Group, Inc. is a real estate investment trust. The company has market cap of $2.31 billion. The firm invests in real estate markets of the United States, Australia, South Africa and the United Kingdom. It has a 15.26 P/E ratio. It specializes in the ownership, leasing and management of correctional, detention and reentry facilities and the provision of community services and youth services.

More notable recent The GEO Group, Inc. (NYSE:GEO) news were published by: Businesswire.com which released: “GeoPark Announces Significant Acreage Expansion in the Llanos Basin in Colombia in Partnership With Ecopetrol/Hocol – Business Wire” on June 27, 2019, also Finance.Yahoo.com with their article: “For-Profit Prison Operators Trade Down As House Oversight Panel Announces Investigation – Yahoo Finance” published on July 11, 2019, Seekingalpha.com published: “GEO Group +1.9% after 2019 guidance boost – Seeking Alpha” on April 30, 2019. More interesting news about The GEO Group, Inc. (NYSE:GEO) were released by: Finance.Yahoo.com and their article: “How Much is The GEO Group, Inc.’s (NYSE:GEO) CEO Getting Paid? – Yahoo Finance” published on May 08, 2019 as well as Streetinsider.com‘s news article titled: “Presidential hopeful Booker vows to end ‘moral vandalism’ of Trump immigration policy – StreetInsider.com” with publication date: July 02, 2019.

The GEO Group, Inc. (NYSE:GEO) Ratings Chart

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