Wells Fargo analyst Robert LaQuaglia maintained a Hold rating on Geo Group (GEO) yesterday. The company’s shares closed yesterday at $21.79.
The the analyst consensus on Geo Group is currently a Hold rating.
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Based on Geo Group’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $40.71 million. In comparison, last year the company had a net profit of $34.99 million.
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock.
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The GEO Group, Inc. is a real estate investment trust, which specializes in the ownership, lease, and management of correctional, detention, and re-entry facilities. It operates through the following segments: U.S. Corrections and Detention; GEO Care; International Services; and Facility Construction and Design.
