GEO traded at $31.36 this Friday October 2nd, increasing $0.57 or 1.85 percent since the previous trading session. Looking back, over the last four weeks, GEO gained 1.55 percent. Over the last 12 months, its price rose by 55.17 percent. Looking ahead, we forecast GEO to be priced at 30.68 by the end of this quarter and at 28.73 in one year, according to Trading Economics global macro models projections and analysts expectations.
The GEO Group, Inc. is a real estate investment trust (REIT). specializes in the ownership, leasing and management of correctional, detention and reentry facilities and the provision of community-based services and youth services in the United States, Australia, South Africa and the United Kingdom. The Company operates in four segments: its U.S. Secure Services; its GEO Care; its International Services and its Facility Construction & Design segments. The Company owns, leases and operates a range of secure facilities including maximum, medium and minimum-security facilities, processing centers, as well as community-based reentry facilities and offers delivery of offender rehabilitation services under its GEO Continuum of Care platform. The GEO Continuum of Care program integrates in-prison programs, which include cognitive behavioral treatment and post-release services.