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Last $38.72 USD
Change Today -0.28 / -0.72%
Volume 725.6K
GEO On Other Exchanges
Symbol
Exchange
Berlin
As of 8:04 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

geo group inc/the (GEO) Snapshot

Open
$38.96
Previous Close
$39.00
Day High
$39.28
Day Low
$38.43
52 Week High
03/20/15 - $45.25
52 Week Low
05/20/14 - $32.51
Market Cap
2.9B
Average Volume 10 Days
658.3K
EPS TTM
$2.02
Shares Outstanding
74.6M
EX-Date
05/7/15
P/E TM
19.2x
Dividend
$2.48
Dividend Yield
6.15%
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.

19,000 Employees
Last Reported Date: 04/30/15
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: $530.5K
Senior Vice President of Operations and Presi...
Total Annual Compensation: $530.5K
Senior Vice President, General Counsel and Co...
Total Annual Compensation: $461.5K
Senior Vice President of Project Development
Total Annual Compensation: $408.4K
Compensation as of Fiscal Year 2014.

geo group inc/the (GEO) Key Developments

The GEO Group, Inc. Declares Quarterly Cash Dividend, Payable on May 21, 2015; Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Second Quarter and Full Year 2015

On April 29, 2015, The GEO Group, Inc.’s board of directors declared a quarterly cash dividend of $0.62 per share. The quarterly cash dividend will be paid on May 21, 2015 to shareholders of record as of the close of business on May 11, 2015. The company reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, revenues were $427.369 million against $393.137 million a year ago. Operating income was $52.672 million against $48.570 million a year ago. Income before income taxes and equity in earnings of affiliates was $30.099 million against $28.650 million a year ago. Net income attributable to the company was $28.777 million or $0.39 per diluted share against $27.990 million or $0.39 per diluted share a year ago. Normalized funds from operations increased to $44.2 million, or $0.60 per diluted share, from $41.4 million, or $0.58 per diluted share, for the first quarter 2014. Adjusted funds from operations increased to $52.9 million, or $0.72 per diluted share, from $51.4 million, or $0.71 per diluted share, for the first quarter 2014. Net operating income was $116.026 million against $107.509 million a year ago. EBITDA was $79.71 million against $74.745 million a year ago. Adjusted EBITDA was $82.352 million against $77.205 million a year ago. The results reflect approximately $1.6 million, net of tax, in acquisition related expenses in connection with GEO’s recent acquisition of eight correctional and detention facilities from LCS Corrections Services, Inc. Adjusted EPS for the first quarter was $0.41, which reflects an adjustment of $1.6 million net of tax in onetime transaction expenses related to previously disclosed LCS acquisition. Revenues include approximately $22 million in construction revenue associated with contract for the development and operation of Ravenhall prison project in Australia. For the second quarter, the company expects AFFO to be in a range of $0.76 to $0.80 per diluted share. The company expects second quarter 2015 earnings per diluted share to be in a range of $0.40 to $0.43 and second quarter 2015 revenues to be in a range of $445.0 million to $450.0 million, including approximately $14.0 million in construction revenue associated with GEO’s contract for the development and operation of the new 1,300-bed Ravenhall Prison Facility in Australia. For 2015, the company expects AFFO to be in a range of $3.30 to $3.39 per diluted share. Excluding acquisition related expenses, the company expects adjusted earnings for the full year 2015 to be in a range of $1.90 to $1.97 per diluted share. The company expects total revenues to be in a range of $1.87 billion to $1.89 billion. Net operating income is expected to be in a range of $512.5 million to $519.5 million and full-year 2015 Adjusted EBITDA to be in a range of $372.5 million to $379.5 million. Adjusted funds from operations to be in the range of $245.5 million to $252.5 million a year ago. Normalized funds from operations to be in the range of $201.5 million against $207.5 million. Funds from operations to be in the range of $200 million to $206 million. Net income to be in the range of $141 million to $147 million. The company expects project and growth CapEx to be approximately $55 million in 2015.

The GEO Group, Inc. to Report Q1, 2015 Results on Apr 30, 2015

The GEO Group, Inc. announced that they will report Q1, 2015 results at 11:00 AM, US Eastern Standard Time on Apr 30, 2015

The GEO Group, Inc., Q1 2015 Earnings Call, Apr 30, 2015

The GEO Group, Inc., Q1 2015 Earnings Call, Apr 30, 2015

 

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GEO Competitors

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Company Last Change
Corrections Corp of America $36.64 USD -0.15
G4S PLC 291.60 GBp -1.40
MAXIMUS Inc $64.69 USD +0.68
Providence Service Corp/The $42.69 USD +0.17
Serco Group PLC 130.50 GBp -3.10
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Industry Analysis

GEO

Industry Average

Valuation GEO Industry Range
Price/Earnings 19.5x
Price/Sales 1.7x Not meaningful
Price/Book 2.8x
Price/Cash Flow 12.0x
TEV/Sales 0.5x
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