Last $43.52 USD
Change Today -0.68 / -1.54%
Volume 602.8K
GEO On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

geo group inc/the (GEO) Snapshot

Open
$44.13
Previous Close
$44.20
Day High
$44.15
Day Low
$42.99
52 Week High
01/29/15 - $44.20
52 Week Low
02/10/14 - $30.85
Market Cap
3.2B
Average Volume 10 Days
557.2K
EPS TTM
$1.86
Shares Outstanding
74.1M
EX-Date
11/13/14
P/E TM
23.3x
Dividend
$2.48
Dividend Yield
5.35%
Current Stock Chart for GEO GROUP INC/THE (GEO)

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geo group inc/the (GEO) Details

The GEO Group, Inc. provides government-outsourced services specializing in the management of correctional, detention, and re-entry facilities, and the provision of community based services and youth services in the United States, Australia, South Africa, the United Kingdom, and Canada. It operates through four segments: U.S. Corrections & Detention, GEO Community Services, International Services, and Facility Construction & Design. The company owns, leases, and operates a range of correctional and detention facilities, including maximum, medium, and minimum security prisons; immigration detention centers; minimum security detention centers; and community based re-entry facilities. It offers correctional and detention management services that involves the provision of security, administrative, rehabilitation, education, and food services primarily at adult male correctional and detention facilities; engages in the supervision of adult parolees and probationers, as well as the provision of temporary housing, programming, employment assistance, and other services; and provides residential, detention, shelter care, and community based services with rehabilitative and educational programs. The company also provides monitoring services, and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; and services to immigration and customs enforcement for the provision of services to improve the participation of non-detained aliens in the immigration court system. In addition, it offers transportation services for offender and detainee populations; and prisoner escort and custody services. As of February 21, 2013, the company owned and/or managed 100 facilities totaling approximately 73,000 beds. The GEO Group, Inc. was founded in 1984 and is headquartered in Boca Raton, Florida.

16,292 Employees
Last Reported Date: 03/3/14
Founded in 1984

geo group inc/the (GEO) Top Compensated Officers

Founder, Chairman, Chief Executive Officer, C...
Total Annual Compensation: $1.2M
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $515.0K
Senior Vice President of Operations and Presi...
Total Annual Compensation: $515.0K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $448.1K
Compensation as of Fiscal Year 2013.

geo group inc/the (GEO) Key Developments

The Geo Group, Inc. Wins Contract from Federal Bureau of Prisons

The GEO Group announced that it has signed contracts with the Federal Bureau of Prisons for the continuation of management at the Moshannon Valley Correctional Center in Pennsylvania and for the reactivation of the Great Plains Correctional Facility in Oklahoma. Under GEO's new ten-year contracts, inclusive of renewal options, with the BOP, the Facilities will house up to a combined 3,818 federal inmates and are expected to generate approximately $76.0 million in combined annualized revenues. The Great Plains Correctional Facility is expected to begin the intake process in the second quarter of 2015. The contract for the continued management of the Moshannon Valley Correctional Center will commence in the second quarter of 2016, following the expiration of the current contract.

The GEO Group Announces 626-Bed Expansion of the Karnes County Residential Center in Texas

The GEO Group announced the development of a 626-bed expansion to the company-owned, 532-bed Karnes County Residential Center in Texas under an amendment to GEO’s existing contract with Karnes County, Texas and the existing intergovernmental service agreement between Karnes County and U.S. Immigration and Customs Enforcement. GEO will finance, develop, and manage the $36 million expansion, which will increase the Facility’s total capacity to 1,158 beds. The expansion is expected to generate approximately $20 million in additional annualized revenues for GEO and returns on investment consistent with GEO’s company-owned facilities. GEO expects to complete the 626-bed expansion and begin intake in the fourth quarter of 2015.

GEO Group Inc. Announces Board Changes

Norman Carlson, who decided to retire from the company's board of directors and all committee positions, was appointed to the position of director emeritus. Norman Carlson on December 9 notified The GEO Group Inc. of his decision to retire from the company's board of directors and all committee positions, effective December 31, 2014. The company noted that its board determined to appoint Carlson to the position of director emeritus of the company, effective January 1, 2015.

 

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Industry Analysis

GEO

Industry Average

Valuation GEO Industry Range
Price/Earnings 23.5x
Price/Sales 1.9x
Price/Book 3.0x
Price/Cash Flow 14.1x
TEV/Sales 1.0x
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