The GEO Group (NYSE:GEO) will be releasing its earnings data before the market opens on Thursday, February 14th. Analysts expect The GEO Group to post earnings of $0.52 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.
The GEO Group stock opened at $23.64 on Tuesday. The GEO Group has a 12-month low of $18.43 and a 12-month high of $28.06. The firm has a market cap of $2.88 billion, a P/E ratio of 9.27, a PEG ratio of 1.90 and a beta of 1.45. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 2.21.
The company also recently declared a quarterly dividend, which will be paid on Friday, February 22nd. Investors of record on Friday, February 15th will be paid a dividend of $0.48 per share. This is an increase from The GEO Group’s previous quarterly dividend of $0.47. The ex-dividend date of this dividend is Thursday, February 14th. This represents a $1.92 annualized dividend and a yield of 8.12%. The GEO Group’s payout ratio is 73.73%.
In related news, CEO George C. Zoley bought 50,000 shares of the company’s stock in a transaction dated Wednesday, November 21st. The stock was bought at an average price of $22.33 per share, with a total value of $1,116,500.00. Following the transaction, the chief executive officer now owns 1,750,000 shares of the company’s stock, valued at $39,077,500. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. 36.50% of the stock is currently owned by insiders.
The GEO Group Company Profile
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.
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