Mr. Market already was unfairly punishing this big-dividend REIT, but the recent market wide turmoil has made the price absurdly low and attractive. In this report, we analyze the company’s income profile, growth, dividend prospects as well as political risks and finally conclude whether the REIT offers an attractive balance between risks and rewards.
Overview: The GEO Group (GEO)
The GEO Group (GEO) is a specialty REIT that owns, operates and manages correctional, detention and reentry facilities in the US, UK, South Africa, and Australia. The portfolio consists of a total