Press coverage about Geo Group Inc (The) (NYSE:GEO) has trended somewhat negative recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Geo Group Inc (The) earned a news sentiment score of -0.13 on Accern’s scale. Accern also assigned news headlines about the real estate investment trust an impact score of 46.7732014297535 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media stories that may have impacted Accern’s scoring:
- Geo Group Inc (The) (GEO) & Its Peers Head-To-Head Analysis (americanbankingnews.com)
- Critical Contrast: American Tower Corporation (REIT) (AMT) vs. Geo Group Inc (The) (GEO) (americanbankingnews.com)
- Donald Trump’s Presidency: Good for Prisons, Bad for Guns (finance.yahoo.com)
- Are Private Prison Companies Using Forced Labor? – Bloomberg (bloomberg.com)
Several analysts have recently commented on GEO shares. BidaskClub cut Geo Group Inc (The) from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. ValuEngine cut Geo Group Inc (The) from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 22nd. Zacks Investment Research lowered Geo Group Inc (The) from a “hold” rating to a “sell” rating in a report on Wednesday, August 9th. Finally, Canaccord Genuity set a $35.00 price objective on Geo Group Inc (The) and gave the stock a “buy” rating in a research note on Monday, August 7th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. Geo Group Inc (The) presently has a consensus rating of “Hold” and an average price target of $33.83.
Geo Group Inc (GEO) traded down $0.35 during midday trading on Friday, reaching $26.58. The company’s stock had a trading volume of 699,700 shares, compared to its average volume of 790,433. The company has a quick ratio of 1.24, a current ratio of 1.27 and a debt-to-equity ratio of 2.05. The firm has a market capitalization of $3,297.78, a P/E ratio of 10.88, a price-to-earnings-growth ratio of 2.29 and a beta of 1.52. Geo Group Inc has a 12 month low of $19.67 and a 12 month high of $34.32.
The firm also recently announced a quarterly dividend, which was paid on Monday, October 30th. Stockholders of record on Monday, October 23rd were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 7.07%. The ex-dividend date was Friday, October 20th. Geo Group Inc (The)’s payout ratio is currently 139.26%.
In other news, Director Norman A. Carlson sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, August 17th. The stock was sold at an average price of $25.77, for a total value of $257,700.00. Following the transaction, the director now directly owns 39,779 shares of the company’s stock, valued at approximately $1,025,104.83. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.40% of the stock is owned by insiders.
Geo Group Inc (The) Company Profile
The GEO Group, Inc is a real estate investment trust (REIT) specializing in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa, the United Kingdom and Canada.
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