GEO Group

The shares of Geo Group are trading at $32.34 and reached a 52-week high of $32.30, corresponding to a market capitalization of around $4.15 billion. The stock is up 54.49% over the past year and has gained 90.2% year-to-date. In Q2 2026 Geo Group beat analyst expectations for earnings and revenue, raised its full-year outlook and reported adjusted EBITDA of $142 million; Noble Capital raised its price target to $40. An analysis by InvestingPro, however, classifies the stock as overvalued at the current level. » Więcej na de.investing.com

Geo reported adjusted earnings of $0.37 per share for Q2 2026 on revenue of $732.1 million, beating analysts' estimates. Adjusted EBITDA rose 20% to $142 million; net income and EPS increased significantly, supported by new ICE detention contracts, higher utilization and growth in electronic monitoring. Management raised the full-year guidance and now expects revenue of $2.95–3.05 billion, adjusted EBITDA of $550–560 million and GAAP net income of $168–175 million. » Więcej na de.investing.com

GEO Group has signed a five-year contract with the U.S. Immigration and Customs Enforcement (ICE) for use of the Rivers Facility in Winton, North Carolina (1,320 beds). In the first full year of operation the contract is expected to generate about $80 million in annual revenue. GEO will provide ICE with exclusive use of the facility as well as security, maintenance, food service, recreational, medical and legal services. The company operates 97 facilities with around 76,000 beds total and views the agreement as helping to meet increased housing needs. » Więcej na de.investing.com