The Geo Group, Inc. | REIT Profile

Symbol: GEO
CIK: 923796
Exchange: NYSE
Founded: 1984 (38 years)
HQ: Boca Raton, FL, United States
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Specialty

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See GEO on SEC.gov

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About The Geo Group, Inc.

The GEO Group, Inc. (NYSE: GEO) is the first fully integrated equity real estate investment trust specializing in the design, financing, development, and operation of correctional, detention, and community reentry facilities around the globe. GEO is the world's leading provider of diversified correctional, detention, community reentry, and electronic monitoring services to government agencies worldwide with operations in the United States, Australia, South Africa, and the United Kingdom. GEO's worldwide operations include the ownership and/or management of 140 facilities totaling approximately 96,000 beds, including projects under development, with a growing workforce of approximately 23,000 professionals.


The Geo Group, Inc. Company Logo

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 3 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Close Previous Close Volume Change $ Change % Market Cap PE Ratio 52W High 52W Low Ytd Change
$7.38 $7.75 $7.33 $7.52 $7.40 $7.40 1,438,810 -$0.02 -0.27% $915,787,587 14.26 $9.81 $5.21 -4.79%

Last update: 2022-09-27 12:56:38 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 5.3

Hightlights of Trading Day September 27, 2022


Open Price: $7.52
Closing Price: $7.38
Price Change: -0.02 (-0.27%)
Lowest Price: $7.325
Highest Price: $7.75
52-Week Low: $5.21
52-Week High: $9.81
52-Week Change: 3.21%
5 Day Price Change: -9.54%
1 Month Price Change: -9.09%
3 Month Price Change: 8.82%
6 Month Price Change: 27.37%
YTD Price Change: -4.52%
1 Year Price Change: 4.67%
2 Year Price Change: -28.44%
5 Year Price Change: -58.49%

Dividend of Trading Day September 27, 2022 [Dividends Currently Suspended]


Dividend Yield: 13.55%*
Annualized Dividend: $1*
Dividend Yield (TTM): N/A
Annualized Dividend (TTM): N/A
Ex-Dividend Date: N/A
Dividend Frequency: Quarterly

REITBOT™ Alert
Dividends have been suspended for this REIT.


*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest News Headlines


See more news headlines for The Geo Group, Inc.

Funds From Operations (FFO)



FFO Amount and Payout Ratio

Below are the FFO amounts, dividends, and payout ratios for the last two quarters for GEO.

Year Quarter Type Amount Dividend Paid Payout Ratio
2022 Q2 AFFO $--- $--- ---%
2022 Q1 AFFO $--- $--- ---%

REITNotes uses the REIT's Funds From Operation (FFO) per diluted share informed in the REIT’s Quarterly Earning Reports and its announced dividend per diluted share. For some REITs, we also display the Adjusted Funds From Operations (AFFO), Core FFO, Normalized FFO (NFFO), Modified FFO (MFFO), Operating FFO as provided by the REIT. REITNotes™ calculates the payout ratio by dividing the dividend value paid during the current quarter by the FFO declared in the previous Quarter. E.g., we divide the dividend value paid in Q3 by the FFO reported in Q2. This is because although paid in Q3, the dividend value is usually declared during the previous quarter. FFO is a non-GAAP measure recognized by the SEC and provided by the REITs as a supplemental measure of their operating performance. FFO is not meant to be an indicator of the REIT’s capacity to pay current or future dividends nor to be a substitute to the REIT's cash flow from operations. It is recommended to check the REIT's website, Earning Reports and dividend announcements for the latest and updated information.


Funds From Operations (FFO)

Key Stats of Trading Day September 27, 2022


Total Cash: $587,861,000
Current Debt: $389,205,000
Revenue: $2,254,178,000
Gross Profit: $2,254,178,000
Total Revenue: $2,254,178,000
Earnings Before Interest, Taxes & Depreciation Amortization (EBITDA): $468,195,000
Revenue Per Share: $18
Revenue Per Employee: $102,463
Employee: 20,000
Debt to Equity Ratio (D/E): 4.25
Profit Margin: 0.03%
Enterprise Value (EV): $3,291,452,527
Enterprise Value to Revenue (EV/R): 1.46
Price to Sales (P/S): 0.45
Price to Book (P/B): 0.94
Price/Earnings-to-Growth (PEG) Ratio: -0.30
P/E Ratio: 14.26
P/E High: 9.14
P/E Low: 9.14
Forward P/E Ratio: 6.55
Market Capitalization: $915,787,587
Beta: 0.81
Latest Volume: 1,633,342
Avg. Total Volume: 2,146,705
Avg. 10-Day Volume: 2,070,626
Avg. 30-Day Volume: 2,146,705
TTM EPS: 0.52
Shares Outstanding: 124,090,459
Float: N/A
50-Day Moving Avg.: $7.90
200-Day Moving Avg.: $6.88

Latest REIT Community Comments on #GEO


See more community comments related to GEO

Properties Owned by GEO


GEO Sample Property

Sample of REIT’s Properties. Image Source - REIT’s website

Occupancy Rate



Different REITs may report Occupancy levels in various forms/calculations. Some of the terms used to describe occupancy are Portfolio Occupancy, Weighted Average Occupancy, Ending Occupancy, Economic Occupancy, Leased Occupancy, Physical Occupancy, Pro Forma Occupancy, Same-Property Occupancy, Stabilized Portfolio Occupancy, Comparable Occupancy, Lease Rate, Percent Leased, among others. Some REITs interchange the words Occupancy and Leased while others use them to distinguish between data points. Some REITs also vary the use of the words over time through their earning reports. Therefore the information provided here is our best attempt at collecting data on occupancy/leased trends. However, it may not be accurate or comparable between different REITs.

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $13.98 per share you would have been able to buy 71 shares of GEO on 2021-09-27 costing $992.58 @ $13.98 per share you would have been able to buy 35 shares of GEO on 2021-09-27 costing $489.30 @ $13.98 per share you would have been able to buy 17 shares of GEO on 2021-09-27 costing $237.66 @ $13.98 per share you would have been able to buy 7 shares of GEO on 2021-09-27 costing $97.86 @ $13.98 per share you would have been able to buy 3 shares of GEO on 2021-09-27 costing $41.94
Current worth On 2022-09-27 these 71 shares would be worth $523.98 @ $7.38 On 2022-09-27 these 35 shares would be worth $258.30 @ $7.38 On 2022-09-27 these 17 shares would be worth $125.46 @ $7.38 On 2022-09-27 these 7 shares would be worth $51.66 @ $7.38 On 2022-09-27 these 3 shares would be worth $22.14 @ $7.38
Dividends earned $0.00 in dividends would have been earned since 2021-09-27 with 71 shares. $0 in dividends would have been earned since 2021-09-27 with 35 shares. $0.00 in dividends would have been earned since 2021-09-27 with 17 shares. $0.00 in dividends would have been earned since 2021-09-27 with 7 shares. $0.00 in dividends would have been earned since 2021-09-27 with 35 shares.
Net (gain / loss)* -468.60 USD -231.00 USD -112.20 USD -46.20 USD -19.80 USD
ROI** -47.21% -47.21% -47.21% -47.21% -47.21%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History [Dividends Currently Suspended]


Below are the most recent cash dividends paid by GEO. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
GEO 2021-01-22 0.250 -26.47% 2021-01-15 2021-01-25 2021-02-01
GEO 2020-10-15 0.340 -29.17% 2020-10-06 2020-10-16 2020-10-23
GEO 2020-07-16 0.480 --- 2020-07-07 2020-07-17 2020-07-24
GEO 2020-04-16 0.480 --- 2020-04-06 2020-04-17 2020-04-24
GEO 2020-02-13 0.480 --- 2020-02-03 2020-02-14 2020-02-21
GEO 2019-10-24 0.480 --- 2019-10-14 2019-10-25 2019-11-01
GEO 2019-07-18 0.480 --- 2019-07-09 2019-07-19 2019-07-26
GEO 2019-04-12 0.480 --- 2019-04-03 2019-04-15 2019-04-22
GEO 2019-02-14 0.480 2.13% 2019-02-04 2019-02-15 2019-02-22
GEO 2018-10-25 0.470 --- 2018-10-15 2018-10-26 2018-11-02
GEO 2018-07-19 0.470 --- 2018-07-10 2018-07-20 2018-07-27
GEO 2018-04-20 0.470 --- 2018-04-11 2018-04-23 2018-05-03
GEO 2018-02-15 0.470 --- 2018-02-05 2018-02-16 2018-02-27
GEO 2017-10-20 0.470 --- 2017-10-12 2017-10-23 2017-10-30
GEO 2017-07-19 0.470 --- 2017-07-10 2017-07-21 2017-07-28
GEO 2017-05-05 0.470 -32.86% 2017-04-26 2017-05-09 2017-05-19
GEO 2017-02-15 0.700 7.69% 2017-02-06 2017-02-17 2017-02-27
GEO 2016-10-27 0.650 --- 2016-10-18 2016-10-31 2016-11-10
GEO 2016-07-28 0.650 --- 2016-07-20 2016-08-01 2016-08-12
GEO 2016-04-28 0.650 --- 2016-04-20 2016-05-02 2016-05-12

Financial Statements Overview


The next Earnings Report for GEO is 2022-11-03

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Amounts in USD ($)

Balance Sheet 2022-06-30 2022-03-31 2021-12-31 2021-09-30
Current Cash 587,861,000 598,508,000 506,491,000 537,070,000
Receivables 379,097,000 365,514,000 372,080,000 334,036,000
Inventory 0 0 0 0
Current Assets 1,023,413,000 1,022,815,000 943,908,000 932,989,000
Current Assets (Other) 35,321,000 34,998,000 45,176,000 31,682,000
Short Term Investments 35,321,000 34,998,000 45,176,000 31,682,000
Long-term Investments 3,531,910,000 3,586,069,000 3,593,500,000 3,655,807,000
Property, Plant & Equipment Net 2,007,636,000 2,017,322,000 2,037,845,000 2,055,406,000
Goodwill 755,203,000 755,238,000 755,225,000 755,222,000
Intangible Assets 154,978,000 158,695,000 166,124,000 172,794,000
Other Assets 424,159,000 449,823,000 438,084,000 447,259,000
Net Tangible Assets 160,932,000 108,152,000 54,862,000 90,864,000
Total Assets 4,555,323,000 4,608,884,000 4,537,408,000 4,588,796,000
Accounts Payable 79,569,000 80,313,000 64,073,000 67,411,000
Liabilities (Other) 77,936,000 82,500,000 87,073,000 95,789,000
Current Liabilities (Other) 291,997,000 309,441,000 296,201,000 326,184,000
Total Current Liabilities 389,205,000 408,371,000 378,842,000 420,605,000
Current Long-term Debt 17,639,000 18,617,000 18,568,000 27,010,000
Long-term Debt 2,854,060,000 2,933,002,000 2,925,792,000 2,928,613,000
Total Liabilities 3,484,210,000 3,586,799,000 3,561,197,000 3,569,916,000
Minority Interest -1,281,000 -1,250,000 -1,195,000 -1,174,000
Common Stock 121,119,000 120,714,000 120,563,000 120,525,000
Retained Earnings -84,105,000 -137,741,000 -175,960,000 -126,165,000
Treasury Stock -105,099,000 -105,099,000 -105,099,000 -105,099,000
Capital Surplus 0 0 0 0
Shareholder Equity 1,071,113,000 1,022,085,000 976,211,000 1,018,880,000

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Amounts in USD ($)

Income Statement 2022-06-30 2022-03-31 2021-12-31 2021-09-30
Total Revenue 588,177,000 551,185,000 557,539,000 557,277,000
Cost of Revenue 0 0 0 0
Gross Profit 588,177,000 551,185,000 557,539,000 557,277,000
Research and Development 0 0 0 0
Selling General and Admin 49,296,000 48,560,000 50,664,000 50,475,000
Operating Expense 493,103,000 469,659,000 481,521,000 483,258,000
Operating Income 95,074,000 81,526,000 76,018,000 74,019,000
Income Expense Net (Other) 0 0 0 0
EBIT 96,554,000 82,761,000 77,513,000 75,659,000
Interest Income 27,663,000 25,993,000 27,208,000 26,535,000
Pretax Income 72,571,000 56,141,000 51,514,000 43,036,000
Income Tax 18,898,000 17,962,000 101,336,000 8,395,000
Minority Interest -54,000 -40,000 -27,000 -69,000
Net Income 44,556,000 31,677,000 -42,211,000 28,761,000
Net Income Basic 44,556,000 31,677,000 -42,211,000 28,761,000

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Amounts in USD ($)

Cash Flow 2022-06-30 2022-03-31 2021-12-31 2021-09-30
Net Income 44,556,000 31,677,000 -42,211,000 28,761,000
Depreciation 32,016,000 35,938,000 34,871,000 32,883,000
Changes in Receivables 379,097,000 365,514,000 372,080,000 334,036,000
Changes in Inventories 0 0 0 0
Cash Change 587,861,000 598,508,000 506,491,000 537,070,000
Cash Flow 50,023,000 121,956,000 -6,842,000 83,916,000
Capital Expenditures -22,287,000 -13,773,000 -12,012,000 -13,035,000
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -1,475,000 -17,841,000 -13,274,000 -8,126,000
Dividends Paid 0 0 0 0
Net Borrowings 2,248,517,000 2,318,113,000 2,392,693,000 2,386,871,000
Cash Flow Financing -53,409,000 -6,451,000 -17,105,000 -4,108,000
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
0 Dividend Payment Growth: Analysis of how the REIT’s dividend payments have performed during the last three years. 3.8
0 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 6.8
Rating AFFO & Efficiency Section Avg. Rating
9 AFFO Trend: Analysis of the REIT’s AFFO trend during the last two years. 8.9
5 AFFO to Revenue Health: Analysis of the REIT's Adjusted Funds From Operation to its Revenues. 7.0
4 Operating Expense Efficiency: Analysis of the REIT's Operating Expenses to its Revenues. 7.0
8 Operating Expense Efficiency Trend: Analysis of the trend of the REIT's Operating Expenses to its Revenue. 7.3
Rating Leverage Section Avg. Rating
7 Interest Coverage Health: Analysis of the REIT’s Interest Coverage health during the last four quarter. 6.7
6 Interest Coverage Health Trend: Analysis of the REIT’s Interest Coverage health trend during the last two years. 6.9
8 Total Debt Interest Rate Competitiveness: Analysis of the REIT’s Interest Rate to Total Debt competitiveness compared to REIT market. 7.7
8 Total Debt Interest Rate Trend: Analysis of the REIT’s Interest Rate to Total Debt trend during the last two years. 8.4
2 Debt Leverage Health: Analysis of the REIT’s Total Debt to Total Assets. 5.0
7 Debt Leverage Health Trend: Analysis of the REIT’s Total Debt to Total Assets over the last two years. 7.3
Rating Asset & Revenue Section Avg. Rating
8 G&A Effeciency Level: Analysis of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.3
8 G&A Effeciency Trend: Analysis of the Trend of the REIT’s General and Administrative expenses in relationship to its Revenues. 7.9
5 Revenues Growth: Analysis of how the REIT's Revenue has performed over the last two years. 7.7
7 Total Asset Growth: Analysis of how the REIT has grown its Total Assets over the last two years. 7.0
Rating Properties Section Avg. Rating
8 Occupancy Health Level: Analysis of the REIT’s occupancy health level during the last four quarters. 7.6
8 Occupancy Trend: Analysis of the REIT’s occupancy trend over the last two years. 8.7
7 Tenants: Analysis of the REIT's tenant diversification, operation type, and exposure to risk. 8.0
Rating Market Cap Section Avg. Rating
2 Market Cap Strength: Analysis of the REIT's Market Capitalization performance, preservation and resistance in comparison to market changes. 3.5
5.3 Overall REITRating™ Score (See trend) 6.2

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

REITProperty


Below are some of the properties owned by this GEO. Please click on the property name to see more details. See complete list of properties.

Name Type Address City State
Adelanto ICE Processing Center Corrections Facility 10400 Rancho Road Adelanto CA
Alexandria Staging Facility Corrections Facility 96 George Thompson Drive Alexandria LA
Alhambra Jail Corrections Facility 211 South First Street Alhambra CA

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Last updated: 2022-09-27 - v3.5