GEO News and Press, Geo Group Inc REIT From 05/26/21

The shareholders of GEO Group have endured a terrible ride during the last twelve months with their dividends being completely suspended. Now Standard & Poor's have downgraded their credit rating even further into the junk territory and warned of a debt default, which is essential...

GEO Group (GEO) slides 1.6% after S&P Global Ratings downgrades its credit rating further into junk territory as weaker operating conditions and "unsupportive capital markets" limits the company's refinancing options.Early in his administration President Biden ordered the Justic...

REITs recorded a sequential improvement across all critical metrics in Q1, powering a historic wave of dividend growth in early 2021. However, several harder-hit property sectors are far from fully-recovered. The Great Financial Crisis resulted in long-term, lasting pain for the real ...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Satu...

GEO soared after raising guidance for AFFO this year. The stock is now trading at only 2.7 times AFFO. I explain why the large debt load means that AFFO is a meaningless metric. I give my verdict as to whether GEO is a buy, sell, or hold. For further details see: Is ...

Overshadowed by concerns about rising inflation, a frenzy of real estate earnings reports over the last month has provided critical information on the state of the real estate industry. Results were better than expected across most major property sectors with roughly 80% of the 170 eq...

Stocks moved another leg higher in April driven by strong earnings, but I am sensing some upcoming cracks due to rising inflation across the board. I am continuing my monthly investment plans while awaiting a market correction or possibly a real crash once market euphoria has come dow...

1Q21 Results. The GEO Group reported first quarter 2021 net income of $50.5 million, or $0.41 per diluted share, compared to $25.2 million, or $0.21 per diluted share, for the first quarter 2020. Total revenue for the first quarter 2021 was $576.4 million compared to $605.0 million in the same...

Image source: The Motley Fool. The Geo Group (NYSE: GEO) Q1 2021 Earnings Call May 10, 2021 , 11:00 a.m. ET Operator Continue reading For further details see: The Geo Group (GEO) Q1 2021 Earnings Call Transcript

The GEO Group, Inc. (GEO) Q1 2021 Earnings Conference Call May 10, 2021 11:00 AM ET Company Participants Pablo Paez - Executive Vice President, Corporate Relations George Zoley - Chairman, Chief Executive Officer & Founder Brian Evans - Chief Financial Officer Blake Davis - President, GEO...