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Last $29.79 USD
Change Today +0.22 / 0.74%
Volume 79.7K
GEO On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 11:53 AM 09/3/15 All times are local (Market data is delayed by at least 15 minutes).

geo group inc/the (GEO) Snapshot

Open
$29.68
Previous Close
$29.57
Day High
$29.94
Day Low
$29.51
52 Week High
03/20/15 - $45.25
52 Week Low
08/24/15 - $28.97
Market Cap
2.2B
Average Volume 10 Days
679.2K
EPS TTM
$1.93
Shares Outstanding
74.7M
EX-Date
08/12/15
P/E TM
15.4x
Dividend
$2.48
Dividend Yield
8.30%
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.

17,479 Employees
Last Reported Date: 02/26/15
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. Announces Consolidated Unaudited Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Fourth Quarter and Full Year of 2015

The GEO Group, Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $445,945,000 compared with $412,843,000 for the same period a year ago. Operating income was $53,281,000 compared with $60,889,000 for the same period a year ago. Income before income taxes and equity in earnings of affiliates was $29,498,000 compared with $41,111,000 for the same period a year ago. Net income attributable to The GEO Group, Inc. was $28,291,000 or $0.38 per diluted share compared with $38,898,000 or $0.54 per diluted share for the same period a year ago. Adjusted net income was $31,876,000 or $0.43 per diluted share compared with $38,898,000 or $0.54 per diluted share for the same period a year ago. Normalized FFO was $46,368,000 or $0.63 per diluted share compared with $51,883,000 or $0.72 per diluted share for the same period a year ago. AFFO was $57,488,000 or $0.78 per diluted share compared with $60,927,000 or $0.85 per diluted share for the same period a year ago. Adjusted EBITDA was $88,101,000 compared with $88,532,000 for the same period a year ago. For the six months, the company reported revenues of $873,314,000 compared with $805,980,000 for the same period a year ago. Operating income was $105,952,000 compared with $109,459,000 for the same period a year ago. Income before income taxes and equity in earnings of affiliates was $59,596,000 compared with $69,761,000 for the same period a year ago. Net income attributable to The GEO Group, Inc. was $57,068,000 or $0.77 per diluted share compared with $66,888,000 or $0.93 per diluted share for the same period a year ago. Adjusted net income was $62,212,000 or $0.84 per diluted share compared with $66,888,000 or $0.93 per diluted share for the same period a year ago. Normalized FFO was $90,589,000 or $1.23 per diluted share compared with $93,254,000 or $1.30 per diluted share for the same period a year ago. AFFO was $110,421,000 or $1.49 per diluted share compared with $112,329,000 or $1.56 per diluted share for the same period a year ago. Adjusted EBITDA was $172,626,000 compared with $165,737,000 for the same period a year ago. The company provided earnings guidance for the third quarter and fourth quarter and full year of 2015. For the third quarter 2015, the company expects total revenues to be in a range of $473.0 million to $478.0 million, including approximately $24.0 million in construction revenue associated with GEO’s contract for the development and operation of the Ravenhall, Australia project. GEO expects third quarter 2015 AFFO to be in a range of $0.89 to $0.91 per diluted share. GEO expects third quarter 2015 adjusted earnings to be in a range of $0.52 to $0.54 per diluted share. GEO’s third quarter 2015 guidance reflects $0.02 per diluted share in start-up expenses. For the fourth quarter 2015, the company expects total revenues to be in a range of $509.0 million to $514.0 million, including approximately $59.0 million in construction revenue associated with GEO’s contract for the development and operation of the Ravenhall, Australia project. GEO expects fourth quarter 2015 AFFO to be in a range of $0.91 to $0.93 per diluted share. GEO expects fourth quarter 2015 adjusted earnings to be in a range of $0.54 to $0.56 per diluted share. GEO’s fourth quarter 2015 guidance reflects $0.02 per diluted share in start-up expenses. For the year 2015, the company expects to report net income in the range of $134,000,000 to $138,000,000, real estate related depreciation and amortization of $59,000,000, FFO in the range of $193,000,000 to $197,000,000, normalized FFO in the range of $201,000,000 to $205,000,000, consolidated maintenance capex of $22,000,000, AFFO in the range of $245,000,000 to $249,000,000, net cash interest expense of $90,000,000, income taxes of $15,000,000, adjusted EBITDA in the range of $372,000,000 to $376,000,000, net operating income in the range of $512,000,000 to $516,000,000, normalized FFO per share in the range of 2.71 to $2.75 and AFFO per share in the range of $3.30 to $3.34. The expects its project and growth CapEx to be approximately $55 million in 2015. The company expects total revenue for the year to be approximately $1.86 billion, including approximately $125 billion in construction revenue related to the Ravenhall Australia project. The company expects 2015 adjusted EPS to be between $1.90 and $1.94 per share, which reflects $0.11 per share in M&A related expenses and start-up costs.

The Geo Group, Inc. Declares Quarterly Cash Dividend, Payable on August 24, 2015

On July 31, 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 August 24, 2015 to shareholders of record as of the close of business on August 14, 2015.

The GEO Group, Inc. to Report Q2, 2015 Results on Aug 04, 2015

The GEO Group, Inc. announced that they will report Q2, 2015 results at 11:00 AM, US Eastern Standard Time on Aug 04, 2015

 

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Industry Analysis

GEO

Industry Average

Valuation GEO Industry Range
Price/Earnings 16.1x
Price/Sales 1.2x Not meaningful
Price/Book 2.1x
Price/Cash Flow 9.4x
TEV/Sales 0.0x
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