GEO Group Inc Aktie News

GEO Group saw solid results outside its electronic monitoring segment, which continues to be a drag. That said, biggest potential catalyst for GEO is its electronic monitoring segment, but budgetary issues and weak ISAP participation have hindered its growth. The stock is very cheap both versus its nearest competitor and historically.

The GEO Group, Inc. (GEO) Q4 2023 Earnings Call Transcript

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO”), a leading provider of support services for secure facilities, processing centers, and reentry centers, as well as enhanced in-custody rehabilitation, post-release support, and electronic monitoring programs, reported today its financial results for the fourth quarter and full year 2023. Full Year 2023 Highlights Total r...

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) has delivered a notice of redemption for all of the remaining $23,253,000 in outstanding aggregate principal amount of its 5.875% Senior Notes due October 15, 2024 (CUSIP No. 36162JAA4) (the “2024 Senior Notes”). The redemption of the 2024 Senior Notes will occur on March 11, 2024 (the “Redemption Date”)...

Election season is upon us once again. While nothing has been officially sewn up just yet, it appears that President Joe Biden and former President Donald Trump are overwhelming favorites to secure their parties' nominations once again.

GEO Group stock has posted significant gains lately, rising by ~60% and ~39% since my two bullish updates, respectively. The company has focused on aggressive deleveraging, using internal cash flows to pay down debt. GEO's improved net debt/EBITDA ratio hints at a potential dividend resumption, reflecting a healthier financial position than the pre-dividend cut era.

This may end up being the most controversial article I write this year: picking out viable ideas regarding market predictions for a Trump presidency. Yeah, as ridiculous as it may appear to roughly half the nation, I believe a good chance exists that former President Donald J.

BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2023 financial results on Thursday, February 15, 2024 before the market opens. GEO has scheduled a conference call and simultaneous webcast for 11:00 AM (Eastern Time) on Thursday, February 15, 2024. Hosting the call for GEO will be George C. Zoley, Executive Chairman of the Board, Brian R....