GEO News and Press, Geo Group Inc REIT From 04/07/21

FibroGen (FGEN) -29% after FDA AdCom to review FibroGen's roxadustat application on July 15.Galectin Therapeutics (GALT) -9%.Homology Medicines (FIXX) -10% after proposes $50M capital raise.The GEO Group (GEO) -10% after suspends dividend to pay down debt; will e...

The GEO (GEO) trades 3.5% down premarket after its board immediately suspended the company's quarterly dividend payments for maximizing the use of cash flows to repay debt, deleverage, and internally fund growth.While currently it plans to maintain its corporate tax s...

Dividend stocks can be a great way to generate some passive income. However, unlike fixed-income options such as bonds, dividend payments aren't guaranteed. If a company runs into financial trouble, its dividend is usually the first thing it cuts. One warning sign that a d...

Real estate investment trusts (REITs) are known for their high-yield dividends, and The GEO Group (NYSE: GEO) is no exception. The company, which owns and manages 123 private domestic secure facilities and post-correctional residential facilities with 93,000 total beds in the United...

U.S. equity markets finished modestly lower on a choppy week as assurances from the Fed of a "lower-for-longer" policy regime didn't slow the continued march higher in long-term interest rates. Retreating from record closing highs last week, the S&P 500 declined by 1.2% this past ...

GEO has continued to fall, and deservedly so. The yield is massive, but is a trap. I see declining FFO and another dividend cut coming. For further details see: GEO Group's Dividend Is Not Safe

Equity REITs continued their strong start to 2021 with a +7.74% average total return in February. Small-cap REITs (+10.77%) were the top performers in February, while large caps (+4.10%) saw smaller gains. 80.77% of REIT securities had a positive total return in February. Hote...

The U.S. Marshals Service won't renew its contract for GEO Group's (GEO) 222-bed Queens Detention Facility ending March 31, 20201, in line with the Biden administration's plan to scale back the use of private prison operators.GEO has requested a contract extension from the USMS in order to pr...

Prison stocks have continued to decline, even as REITs in general are rebounding. Unfortunately, there's no bargain here, the market is rightly pricing in additional risk. The Biden Administration will be tough on the prison stocks, and we're already seeing it with early data out ...

Stocks performed strongly in February with cyclicals and energy stocks rallying strongly. I am continuing my monthly investment plans while awaiting a market correction or possibly a real crash once market euphoria has come down. My dividend income amounted to $350, up 19% sequent...