How Analysts Feel About The GEO Group Inc After Today’s Bullish Options Activity?

 How Analysts Feel About The GEO Group Inc After Today's Bullish Options Activity?

In today’s session The GEO Group Inc (GEO) registered an unusually high (939) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious GEO increase. With 939 contracts traded and 86534 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: GEO161118C00025000 closed last at: $0.35 or 41.7% down. About 293,518 shares traded hands. The GEO Group Inc (NYSE:GEO) has declined 30.09% since April 5, 2016 and is downtrending. It has underperformed by 32.05% the S&P500.

The GEO Group Inc (NYSE:GEO) Ratings Coverage

Out of 3 analysts covering The GEO Group (NYSE:GEO), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $43 is the highest target while $28 is the lowest. The $33.75 average target is 43.74% above today’s ($23.48) stock price. The GEO Group has been the topic of 4 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by SunTrust on Thursday, September 1. The stock of The GEO Group Inc (NYSE:GEO) earned “Buy” rating by MLV on Tuesday, August 4. The firm earned “Buy” rating on Thursday, September 1 by Suntrust Robinson. On Wednesday, August 24 the stock rating was maintained by Canaccord Genuity with “Buy”.

According to Zacks Investment Research, “The GEO Group, Inc. is an equity real estate investment trust. It specializes in the design, development, financing and operation of correctional, detention and community reentry facilities. It has operations in the United States, Australia, South Africa, and the United Kingdom. The GEO Group, Inc. is headquartered in Boca Raton, Florida.”

The GEO Group, Inc. is a real estate investment trust , which specializes in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community services and youth services in the United States, Australia, South Africa and the United Kingdom. The company has a market cap of $1.74 billion. The Firm operates in four divisions: U.S. It has a 12.62 P/E ratio.

GEO Company Profile

The GEO Group, Inc., incorporated on April 5, 1988, is a real estate investment trust (REIT). The Firm specializes in the ownership, leasing and management of correctional, detention and re-entry facilities and the provision of community services and youth services in the United States, Australia, South Africa and the United Kingdom. The Firm operates in four divisions: U.S. Corrections & Detention segment; GEO Care segment; International Services segment and Facility Construction & Design segment. The Company’s U.S. Corrections & Detention segment primarily encompasses its United States privatized corrections and detention business. The Company’s GEO Community Services segment, which conducts its services in the United States, consists of its community services business, its youth services business and its electronic monitoring and supervision service. International Services segment primarily consists of its privatized corrections and detention activities in South Africa, Australia, and the United Kingdom. Facility Construction & Design segment primarily contracts with various states, local and federal agencies, as well as international agencies, for the design and construction of facilities.

More news for The GEO Group Inc (NYSE:GEO) were recently published by: Fool.com, which released: “Why The GEO Group Inc. Stock Bounced Back Today” on August 19, 2016. Businesswire.com‘s article titled: “The GEO Group Reports Third Quarter 2016 Results” and published on November 03, 2016 is yet another important article.

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