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Geo Group Inc (GEO.N)

GEO.N on New York Stock Exchange

22.29USD
18 Jan 2019
Change (% chg)

$0.13 (+0.59%)
Prev Close
$22.16
Open
$22.25
Day's High
$22.41
Day's Low
$22.07
Volume
143,950
Avg. Vol
206,783
52-wk High
$28.06
52-wk Low
$18.44

Latest Key Developments (Source: Significant Developments)

CalSTRS To Divest From Private Prisons
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - :CALIFORNIA STATE TEACHERS’ RETIREMENT SYSTEM TO DIVEST FROM PRIVATE PRISONS.CALSTRS - THE TEACHERS’ RETIREMENT BOARD OF CALSTRS VOTED TO REMOVE FUND’S HOLDINGS IN TWO U.S. COS OPERATING PRIVATE PRISONS, CORECIVIC AND GEO GROUP.CALSTRS - PROCESS OF DIVESTING FROM CALSTRS CORECIVIC AND GEO GROUP HOLDINGS WILL BEGIN IMMEDIATELY AND IS EXPECTED TO BE COMPLETED WITHIN SIX MONTHS.CALSTRS - AS OF NOVEMBER 6 COMBINED CALSTRS GLOBAL EQUITIES AND FIXED INCOME PORTFOLIOS’ HOLDINGS IN CORECIVIC AND IN GEO GROUP WERE $12,142,211.  Full Article

The Geo Group Reports Q1 Adjusted FFO Per Share $0.57
Thursday, 26 Apr 2018 

April 26 (Reuters) - Geo Group Inc ::THE GEO GROUP REPORTS FIRST QUARTER 2018 RESULTS.SEES FY 2018 ADJUSTED FFO PER SHARE $2.45 TO $2.53.SEES Q2 2018 ADJUSTED FFO PER SHARE $0.59 TO $0.61.Q1 ADJUSTED FFO PER SHARE $0.57.SEES FY 2018 REVENUE ABOUT $2.3 BILLION.SEES Q2 2018 REVENUE $571 MILLION TO $576 MILLION.Q1 REVENUE $564.9 MILLION VERSUS I/B/E/S VIEW $559.8 MILLION.QTRLY NORMALIZED FFO OF $0.43 PER DILUTED SHARE.  Full Article

GEOAmey Joint Venture Signs Court Custody And Prisoner Escort Services Contract In Scotland
Thursday, 29 Mar 2018 

March 29 (Reuters) - GEO Group Inc ::GEOAMEY JOINT VENTURE SIGNS COURT CUSTODY AND PRISONER ESCORT SERVICES CONTRACT IN SCOTLAND.GEO GROUP INC - CONTRACT WILL HAVE A BASE TERM OF EIGHT YEARS EFFECTIVE JANUARY 26, 2019 WITH A RENEWAL OPTION PERIOD OF FOUR YEARS.  Full Article

The Geo Group Q3 adjusted FFO per share $0.63
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Geo Group Inc ::The Geo Group reports third quarter 2017 results.Q3 adjusted FFO per share $0.63.Sees Q4 2017 revenue $557 million to $562 million.Sees FY 2017 revenue about $2.25 billion.Q3 revenue $566.8 million versus I/B/E/S view $556.3 million.Sees FY 2017 adjusted FFO per share $2.52 to $2.54.Sees Q4 2017 adjusted FFO per share $0.63 to $0.65.Geo Group Inc qtrly ‍normalized FFO of $0.48 per diluted share​.Q3 FFO per share view $0.47 -- Thomson Reuters I/B/E/S.FY2017 FFO per share view $1.92 -- Thomson Reuters I/B/E/S.  Full Article

Geo Group Inc files for potential mixed shelf offering
Saturday, 21 Oct 2017 

Oct 20 (Reuters) - Geo Group Inc ::Geo Group Inc files for potential mixed shelf offering; size not disclosed .  Full Article

The GEO Group declares quarterly cash dividend of $0.47 per share
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - GEO Group Inc :The GEO Group declares quarterly cash dividend of $0.47 per share.  Full Article

Photo

$11 toothpaste: Immigrants pay big for basics at private ICE lock-ups

NEW YORK/SAN FRANCISCO Detained in a California lockup with hundreds of other immigrants seeking asylum, Duglas Cruz faced a choice.