GEO News and Press, Geo Group Inc REIT From 10/19/21

GEO Group stock has been very volatile in the last few years because of the regulatory uncertainty for the private prisons industry. We have identified few other risks that investors need to monitor carefully in addition to regulatory risks. To calculate the fair value of GEO Grou...

Real estate earnings season kicks off this week. We'll see results from more than 175 equity REITs, 40 mortgage REITs, and dozens of housing industry companies over the next month. REITs enter third-quarter earnings season as the second-best-performing asset class this year with total...

Inflation concerns have started to affect market sentiment but it is highly uncertain if that will lead to a real market correction or just some short-term dips. I am continuing my monthly investment plans while still awaiting a market correction or possibly a real crash once market e...

Earnings Preview GEO Group (NYSE: GEO)  was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “Estimate 3Q:21 Non-Adjusted EPS Rose 6% As Favorable Cost Trends More Than Offset Lower Revenue And Higher Tax R...

U.S. equity markets bounced back following the worst week since February as relief over a last-minute compromise to raise the debt ceiling offset disappointment over another weaker-than-expected employment report. After flirting with "correction territory" earlier in the week, the S&a...

The GEO Group (NYSE: GEO) (“GEO”) commented today on the favorable ruling by the U.S. Court of Appeals for the Ninth Circuit (the “Ninth Circuit Court of Appeals”) in relation to lawsuits filed by GEO and the United States for declaratory and injunctive r...

U.S. equity markets staged a late-week rally to end a turbulent week with gains as concerns over instability in Chinese markets were offset by signs of resilient strength across US housing markets. Snapping a skid in which the benchmark average declined in 10-of-12 trading s...

Title 42 Ruling. Last week U.S. District Judge Emmet Sullivan blocked the Federal government from expelling migrant families from the United States under “Title 42.” The order takes effect in 14 days. The government has filed a notice of appeal to the United States Court of Appea...

The GEO Group (NYSE: GEO) (“GEO”) announced today that effective October 1, 2021, it has entered into a six-month contract extension with the U.S. Marshals Service (“USMS”) for the 770-bed Western Region Detention Facility in San Diego, California, allowi...

REITs continue to achieve positive total returns in every single month of 2021 with +0.87% average return in August. Large cap REITs (+2.3%) continued to outperform their smaller peers in August. Micro caps (-2.49%) underperformed again. Nearly three fifths (59.44%) of REIT securi...