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GEO - Geo Group Cuts The Dividend: What Now?
April, 08 2021 08:00 AM
Geo Group Inc REIT
GEO finally eliminated its dividend - sending the stock down 20%. Even after the crash, the stock still is not cheap when you dig deep into the numbers. I estimate that 49% of revenues are attributable to entities that are likely to significantly pare back their exposure with GEO. I reiterate my sell rating. For further details see:
Geo Group Cuts The Dividend: What Now?
Stock Information
Company Name:
Geo Group Inc REIT
Stock Symbol:
GEO
Market:
NYSE
Website:
geogroup.com
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