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Geo Group Inc (The) REITGeo Group Inc (The) REITGeo Group Inc (The) REIT

Geo Group Inc (The) REIT

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GEO trade ideas

GEO Group IncFirst off, I view REITs in general as completely undervalued in our markets and due a solid run. Now with GEO I see them weathering the "storm" of covid-19 due to them being in a safe niche. They are heavily involved in the "for profit prisons" which I don't see going away any time soon (opposite of commercial office buildings). GEO also has a high dividend yield of over 17% which protects any slight drawdown. Technically speaking, the monthly candle is consolidating over a historic support/resistance zone. The zone originally acting as reistance, which led to a drawdown of -88% and a 7 year bear market. Acting as heavy support, GEO has seen surges of 175% and 221% from this zone. Add in a sub 35 RSI with volume steady increasing and the bull case gets stronger by the day.
NYSE:GEOLong
by wolf_rojo
GEO GROUP (Monthly Chart) Fundamentals: GEO GROUP (Mkt Cap 2.003B). Earnings grew by 14.8% over the past year, currently trading well below fair value. Annual earnings growth over the past 5 years 2.7%. Over the past year earnings growth, 14.8% exceeds its 5-year average. Insider Trading: Founder of GEO recently bought 515,000 shares ($8.5m) Technicals: During early morning session today GEO knifed through its 200 period moving average (monthly). A break above trendline resistance (1) (18.00 handle) is where I will be looking to go long on this one. With a stop below trendline support (2). Medium to Long Term outlook.
NYSE:GEO
by the_short_hustle
2
Go to Prison with Geo GroupGeo Group recently touched a multi-year bottom of $31.00. Following that they announced the reopening of a250 bed facility in California and a dividend of .57/q. The aggregate analyst target is $41.00. I am a little more conservative. They are one of the bigger names in the for-profit American prison game and have begun to snag market share in South Africa and a few other countries. Cash flow is solid and steady; debt is manageable. If you're an economic bear (not that I am) then here's a safe play - when times get rough crime rises. If you're an economic bull (not that I am) then here's a multibillion dollar company near multi-year lows, which is a rare find in the market right now. I like a slow and somewhat volatile 20% ride to about $37.10. Pop a stop loss at $30.00. Just over $5 up to only $2.50 down.
NYSE:GEOLong
by sedemmler
1