Stock Data
$0.55 (1.82%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
INDUSTRIALS
Industry
SECURITY & PROTECTION SERVICES
Geo Group Inc specializes in operating secure facilities and providing a range of services including management, rehabilitation, education, and food services primarily in the United States, Australia, the UK, and South Africa. Founded in 1984 and headquartered in Boca Raton, Florida, it also offers reentry programs, electronic monitoring, transportation, and participates in the design, construction, and financing of new facilities.
GEO Group reports at 6:00 AM ET, and the number that matters is occupancy: federal detention demand is ramping fast enough that rival CoreCivic booked a 55% jump in immigration detainee contracts. Guidance on new ICE contract ramp will set the tone for the $4.2 billion operator.
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