GEO News and Press, Geo Group Inc REIT From 04/16/21

CoreCivic (CXW) stock jumps 3.8% after the REIT reaches an agreement in principle to settle a shareholder lawsuit that was filed in August 2016 against the company and certain of its current and former officers.The company will pay $56M in return for dismissal of the case with preju...

Stocks continued their record performance in March with virtually all sectors going up. 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 $467, up 22% sequentia...

Shares of Geo Group Inc (The) REIT (NYSE:GEO) traded today at $5.57, breaking its 52-week low. So far today approximately 2.8 million shares have been exchanged, as compared to an average 30-day volume of 4.8 million shares. Geo Group Inc (The) REIT (NYSE:GEO) has potential upside of 3.7...

Get Woke, Go Broke? Prison REITs - arguably the "darkest corner" of the REIT sector - have been punished by ever-intensifying political hostilities and declining prison populations across the country. Last week, GEO Group joined CoreCivic in eliminating its dividend and "evaluating it...

A Deeper Dive. We took a deeper dive into GEO's ability to repay its debt. We believe the Company is positioned to handle its debt under nearly any circumstance. Although the executive orders have increased uncertainty around GEO's business, we continue to believe, for a number of reasons, tha...

U.S. equity markets climbed to fresh record highs this week amid a pullback in interest rates and inflation expectations as the global growth outlook has been tempered by ongoing COVID issues abroad. Climbing to fresh record highs, the S&P 500 gained another 2.7% on the week while...

Geo Group Inc (The) REIT (NYSE:GEO) traded at a new 52-week low today of $5.66. This new low was reached on below average trading volume as 2.7 million shares traded hands, while the average 30-day volume is approximately 5 million shares. Potential upside of 6.4% exists for Geo Group In...

We believe GEO needs to immediately pivot its strategy to deal with the realities of the current political climate to protect shareholder value. We urge GEO to begin negotiations with the US Bureau of Prisons (BOP) and United States Marshals Service (USMS) to sell or lease Company-own...

My valuation indicates that GEO Group's fair value is about $15.61 per share, given the fact that it plays an important role in social safety. Ongoing political and financial pressures have put it in a precarious position; I believe its price is now at an attractive level to buy and c...

Gainers: Vericity (VERY) +63%. Rice Acquisition (RICE) +42%. Century Bancorp (CNBKA) +25%. Rodgers Silicon Valley Acquisition (RSVAU) +21%.Losers: Manhattan Bridge Capital (LOAN) -8%. dMY Technology Group (DMYD) -7%. The GEO Group (GEO) -6%. Cohen & Company (COHN) -5%. For further ...