GEO News and Press, Geo Group Inc REIT From 02/16/22

Are you a high-yield investor? Are you a high dividend grower? Buying a basket of high-yielding stocks is simply a get-rich-quick scheme. And get-rich-quick schemes rarely work out well. If you’re going to do it though, make sure you spread your bets evenly across the board...

Michael Burry's positions as of Dec 31, 2021 were reported in SEC filings. Positions in the two private prison operators are maintained. Four new positions including IMPX, the SPAC taking Harley Davidson's electric bike division public. For further details see: Michael B...

Earnings Release Scheduled for Thursday, February 17, 2022 Before the Market Opens Conference Call Scheduled for Thursday, February 17, 2022 at 11:00 AM (Eastern Time) The GEO Group, Inc. (NYSE:GEO) ("GEO") will release its fourth quarter 2021 financial resul...

Michael Burry’s investing genius was brought to the world’s attention in the movie (The Big Short). When the hedge fund manager’s insight and brilliance became known, investors made a practice of checking the latest transactions from his company, Scion Capital Management, ...

Debt Negotiations. Late last week, GEO filed an 8-K with the SEC highlighting confidential discussions that the Company has engaged in with certain holders of its secured debt concerning a potential refinancing, exchange, recapitalization, or other transaction. While no agreement has been reac...

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 ...

Farewell - or perhaps good riddance - to the Prison REIT sector. GEO Group announced last week that it's joining CoreCivic in abandoning the REIT structure, concluding a tumultuous 8-year run as REITs. Prison REITs were the worst-performing property sector since their REIT conversions...

The GEO Group, Inc. (NYSE: GEO) (“GEO”) published today the company’s third annual Human Rights and Environmental, Social & Governance (ESG) report. The report builds on GEO’s first two Human Rights and ESG reports, which provided disclosures on how G...

U.S. equity markets declined for the second-straight week while volatility measures soared to the highest levels this year as jittery investors attempted to evaluate the economic impacts of the Omicron variant. Following declines of over 2% last week and suffering the worst two-day de...

Adopting C-Corp. In a not unexpected development, The GEO Group will become a taxable C-Corp., foregoing the existing REIT structure. The adoption is effective for the year ending December 31, 2021. The Company's Board also voted to discontinue GEO's quarterly dividend. The dividend was suspen...