Geo Group Inc Stock Research

Market Summary

USD11.32+0.02

Market Closed

0.18%

GEO Stock Price

GEO RSI Chart

GEO Valuation

Market Cap

1.4B

Price/Earnings (Trailing)

17.45

Price/Sales (Trailing)

0.61

EV/EBITDA

2.6

Price/Free Cashflow

6.37

GEO Price/Sales (Trailing)

GEO Profitability

EBT Margin

9.70%

Return on Equity

7.24%

Return on Assets

2.17%

Free Cashflow Yield

15.7%

GEO Fundamentals

GEO Revenue

Revenue (TTM)

2.3B

Revenue Y/Y

10.66%

Revenue Q/Q

4.85%

GEO Earnings

Earnings (TTM)

80.5M

Earnings Y/Y

10.45%

Earnings Q/Q

-28.64%

Price Action

52 Week Range

5.2112.44

(Low)(High)

Last 7 days

-1.6%

Last 30 days

5.1%

Last 90 days

34.0%

Trailing 12 Months

74.2%

GEO Financial Health

Current Ratio

1.21

Debt/Equity

2.77

Debt/Cashflow

0.08

GEO Investor Care

Dividend Yield

2.93%

Dividend/Share (TTM)

0.25

Shares Dilution (1Y)

2.93%

Diluted EPS (TTM)

0.53

Peers (Alternatives to Geo Group)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
PSA	53.0B	4.0B	9.13%	-12.29%	11.62	13.18	24.01%	170.44%
SPG	36.1B	4.0B	5.91%	-13.07%	14.04	7.05	-3.96%	-2.35%
DLR	32.6B	4.6B	11.94%	-20.84%	22.63	7.14	4.35%	106.20%
ARE	28.5B	2.6B	13.03%	-9.05%	54.61	11	22.46%	-8.68%
EQR	24.4B	2.7B	9.06%	-25.88%	21.27	8.97	11.91%	8.14%
KIM	13.1B	1.7B	-4.07%	-13.87%	50.83	7.71	40.37%	-73.28%
MID-CAP
FRT	8.9B	1.0B	5.58%	-7.27%	23.23	8.52	14.39%	59.45%
VNO	4.6B	-	10.02%	-38.11%	28.94	13.26	-77.01%	441.99%
MAC	2.9B	828.2M	13.76%	-13.02%	-33.76	3.46	9.54%	46.68%
SLG	2.6B	-	14.46%	-42.71%	-40.57	2.65	-9.84%	-109.68%
SKT	2.0B	-	4.33%	18.08%	23.1	4.36	4.67%	1705.32%
SMALL-CAP
GEO	1.4B	2.3B	5.11%	74.15%	17.45	0.61	1.60%	-42.15%
PGRE	1.4B	740.6M	6.40%	-29.36%	507.47	1.85	2.16%	107.41%
CXW	1.2B	1.8B	-11.31%	3.24%	9.3	0.63	-0.96%	217.97%
AIV	1.1B	195.1M	4.22%	15.21%	3.85	5.85	20.60%	1640.65%

Financials for Geo Group

Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Revenue	2.6%	2,314	2,254	2,231	2,257	2,277
Operating Expenses	2.3%	1,629	1,593	1,586	1,629	1,665
S&GA Expenses	-0.2%	199	199	204	204	201
EBITDA	4.3%	504	484	223	223	-
EBITDA Margin	1.6%	0.22*	0.21*	0.10*	0.10*	-
Earnings Before Taxes	3.3%	225	217	191	193	158
EBT Margin	0.6%	0.10*	0.10*	0.09*	0.09*	-
Interest Expenses	10.7%	144	130	129	129	128
Net Income	4.7%	80	77	65	77	139
Net Income Margin	2.0%	0.03*	0.03*	0.03*	0.03*	-
Free Cahsflow	17.3%	220	188	224	213	-

* denotes actual numbers (not divided by Millions)

Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Assets	-18.7%	3,705	4,555	4,609	4,537	4,589
Current Assets	-49.6%	516	1,023	1,023	944	933
Cash Equivalents	-84.4%	92	588	599	506	537
Net PPE	0.3%	2,013	2,008	2,017	2,038	2,055
Goodwill	0.0%	755	755	755	755	755
Current Liabilities	9.8%	427	389	408	379	421
Long Term Debt	-	2,968	-	-	-	-
LT Debt, Current	-	19	-	-	-	-
LT Debt, Non Current	-23.8%	1,961	2,574	2,626	2,626	2,629
Shareholder's Equity	3.9%	1,112	1,070	1,021	976	1,018
Retained Earnings	45.6%	-45.77	-84.10	-137.74	-175.96	-126.16
Additional Paid-In Capital	0.2%	1,288	1,285	1,281	1,276	1,273
Shares Outstanding	0.0%	124	124	124	122	121
Minority Interest	-0.2%	-1.28	-1.28	-1.25	-1.19	-1.17

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3
Cashflow From Operations	22.3%	305	249	280	283	373
Share Based Compensation	-6.7%	16	18	18	19	20
Cashflow From Investing	-80.7%	-73.59	-40.72	-58.29	-53.74	-67.46
Cashflow From Financing	-747.6%	-687.21	-81.07	107	11	191
Dividend Payments	-57.9%	30	72	-	-	-

Risks for GEO

What is the probability of a big loss on GEO?

97.3%

Probability that Geo Group stock will be more than 20% underwater in next one year

73.1%

Probability that Geo Group stock will be more than 30% underwater in next one year.

45.4%

Probability that Geo Group stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does GEO drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Geo Group was unfortunately bought at previous high price.

Drawdowns

Returns for GEO

Cumulative Returns on GEO

0.3%

10-Year Cumulative Returns

0.3%

7-Year Cumulative Returns

-4.4%

5-Year Cumulative Returns

-7.3%

3-Year Cumulative Returns

What are the long-term rolling returns for GEO?

FIve years rolling returns for Geo Group.

Annualized Returns

Which funds bought or sold GEO recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-02-06	Pacer Advisors, Inc.	new	-	17,275,000	17,275,000	0.09%
2023-02-06	Glassman Wealth Services	unchanged	-	427	427	-%
2023-02-06	Bogart Wealth, LLC	new	-	21,900	21,900	-%
2023-02-03	First Dallas Securities Inc.	reduced	-13.89	39,000	211,000	0.13%
2023-02-03	Hodges Capital Management Inc.	added	155.8	7,965,000	10,985,000	0.95%
2023-02-03	Guardian Wealth Advisors, LLC	sold off	-100	-	-	-%
2023-02-03	TFO-TDC, LLC	new	-	3	3	-%
2023-02-02	PROFUND ADVISORS LLC	sold off	-100	-79,000	-	-%
2023-02-02	ProShare Advisors LLC	added	14.74	80,484	206,484	-%
2023-02-02	SG Americas Securities, LLC	reduced	-84.18	-1,040,000	302,000	-%

Latest Funds Activity

Are funds buying GEO calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own GEO

No. of Funds

Geo Group News

Schedule 13G FIlings of Geo Group

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Jan 26, 2023	blackrock inc.	14.7%	18,270,735	SC 13G/A
Jan 20, 2023	blackrock inc.	14.7%	18,270,735	SC 13G
Sep 12, 2022	fmr llc	-	0	SC 13G/A
Mar 09, 2022	vanguard group inc	8.62%	10,562,839	SC 13G/A
Feb 10, 2022	fmr llc	-	0	SC 13G/A
Feb 10, 2022	vanguard group inc	17.00%	20,829,742	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G
Jan 27, 2022	blackrock inc.	14.5%	17,734,840	SC 13G/A
Jan 26, 2022	blackrock inc.	14.5%	17,734,840	SC 13G/A
Feb 10, 2021	vanguard group inc	16.71%	20,274,759	SC 13G/A

GEO Fair Value

Recent SEC filings of Geo Group

View All Filings

Date Filed	Form Type	Document
Feb 06, 2023	8-K	Current Report
Jan 26, 2023	SC 13G/A	Major Ownership Report
Jan 20, 2023	SC 13G	Major Ownership Report
Jan 06, 2023	3	Insider Trading
Jan 06, 2023	8-K	Current Report
Dec 28, 2022	8-K	Current Report
Dec 14, 2022	4	Insider Trading
Nov 29, 2022	8-K	Current Report
Nov 28, 2022	4	Insider Trading
Nov 08, 2022	10-Q	Quarterly Report

Latest Insider Trading transactions for GEO

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2022-12-12	Black James H.	sold	-32,970	10.99	-3,000	svp & pres, secure services
2022-11-21	March Shayn P.	sold	-25,000	10	-2,500	vp of finance and treasurer
2022-09-01	Albence Matthew	acquired	-	-	50,000	senior vp, client relations
2022-03-10	March Shayn P.	sold (taxes)	-8,987.54	5.71	-1,574	vp of finance and treasurer
2022-03-10	Brack Ronald A.	sold (taxes)	-6,931.94	5.71	-1,214	evp, cao and controller
2022-03-10	Black James H.	sold (taxes)	-9,084.61	5.71	-1,591	svp & pres, secure services
2022-03-08	EVANS BRIAN	sold (taxes)	-228,730	5.64	-40,555	svp, chief financial officer
2022-03-08	Venturella David J	back to issuer	-	-	-10,000	svp-client relations
2022-03-08	Venturella David J	sold (taxes)	-26,541.8	5.64	-4,706	svp-client relations
2022-03-08	ZOLEY GEORGE C	back to issuer	-	-	-50,000	executive chairman

About Geo Group

GEO Income Statement

2022-09-30

Consolidated Statements of Operations (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Statement [Abstract]
Revenues	$ 616,683	$ 557,277	$ 1,756,045	$ 1,699,073
Operating expenses	436,210	399,900	1,233,162	1,233,060
Depreciation and amortization	32,330	32,883	100,284	100,306
General and administrative expenses	50,022	50,475	147,878	153,642
Operating income	98,121	74,019	274,721	212,065
Interest income	5,111	5,990	16,301	18,177
Interest expense	(46,537)	(32,525)	(111,383)	(96,422)
(Loss) Gain on extinguishment of debt	(37,487)		(37,487)	4,693
Gain (loss) on asset divestitures	29,279	(6,088)	32,332	4,291
Income before income taxes and equity in earnings of affiliates	48,487	41,396	174,484	142,804
Provision for income taxes	11,246	8,395	48,106	21,394
Equity in earnings of affiliates, net of income tax provision of $189, $291, $464 and $848 respectively	1,071	1,640	3,786	5,647
Net income	38,312	34,641	130,164	127,057
Net loss attributable to noncontrolling interests	25	69	119	157
Net income attributable to The GEO Group, Inc.	$ 38,337	$ 34,710	$ 130,283	$ 127,214
Weighted-average common shares outstanding:
Basic	121,154	120,525	120,998	120,326
Diluted	122,426	120,872	121,907	120,583
Basic:
Net income per common share attributable to The GEO Group, Inc. - basic	$ 0.26	$ 0.24	$ 0.89	$ 0.94
Diluted:
Net income per common share attributable to The GEO Group, Inc. - diluted	$ 0.26	$ 0.24	$ 0.89	0.94
Dividends declared per share				$ 0.25

GEO Balance Sheet

2022-09-30

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 91,645	$ 506,491
Restricted cash and cash equivalents	0	20,161
Accounts receivable, less allowance for doubtful accounts of $834 and $1,155, respectively	383,694	365,573
Contract receivable, current portion	0	6,507
Prepaid expenses and other current assets	40,388	45,176
Total current assets	515,727	943,908
Restricted Cash and Investments	89,760	76,158
Property and Equipment, Net	2,012,679	2,037,845
Assets Held for Sale	480	7,877
Contract Receivable	0	367,071
Operating Lease Right-of-Use Assets, Net	95,119	112,187
Goodwill	755,179	755,225
Intangible Assets, Net	151,272	166,124
Other Non-Current Assets	84,292	71,013
Total Assets	3,704,508	4,537,408
Current Liabilities
Accounts payable	71,408	64,073
Accrued payroll and related taxes	68,777	67,210
Accrued expenses and other current liabilities	218,628	200,712
Operating lease liabilities, current portion	23,910	28,279
Current portion of finance lease liabilities, long-term debt and non-recourse debt	44,702	18,568
Total current liabilities	427,425	378,842
Deferred Income Tax Liabilities	45,074	80,768
Other Non-Current Liabilities	81,593	87,073
Operating Lease Liabilities	76,977	89,917
Finance Lease Liabilities	1,457	1,977
Long-Term Debt	1,961,402	2,625,959
Non-Recourse Debt	0	297,856
Commitments, Contingencies and Other Matters (Note 11)
Shareholders’ Equity
Preferred stock, $0.01 par value, 30,000,000 shares authorized, none issued or outstanding	0	0
Common stock, $0.01 par value, 187,500,000 shares authorized, 128,908,175 and 127,323,762 issued and 124,055,803 and 122,471,390 outstanding, respectively	1,290	1,273
Additional paid-in capital	1,288,075	1,276,213
Accumulated deficit	(45,766)	(175,960)
Accumulated other comprehensive loss	(26,637)	(20,216)
Treasury stock, 4,852,372 shares, at cost, respectively	(105,099)	(105,099)
Total shareholders’ equity attributable to The GEO Group, Inc.	1,111,863	976,211
Noncontrolling interests	(1,283)	(1,195)
Total shareholders’ equity	1,110,580	975,016
Total Liabilities and Shareholders’ Equity	$ 3,704,508	$ 4,537,408