Added to YB: 2024-03-26
Pitch date: 2024-03-24
GEO [bullish]
The GEO Group, Inc.
+13.65%
current return
Author Info
Price to Wealth is a research service that focuses on old-school companies that are publicly traded. Sign up for the newsletter.
Company Info
The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom.
Market Cap
$2.1B
Pitch Price
$14.65
Price Target
N/A
Dividend
N/A
EV/EBITDA
8.24
P/E
9.02
EV/Sales
1.39
Sector
Commercial Services and Supplies
Category
value
The GEO Group: Beyond Private Prisons
GEO: Private prison operator with 100 facilities & 81K beds. Dropped REIT status in 2021 to focus on debt reduction. US prisons biz has 18% margin but shrinking, while electronic monitoring is 50% margin & fastest growing. Real estate worth more than $1.8B mkt cap due to high debt load.
Read full article (3 min)