GEO Group: Strong Financial Outlook, Room For Dividends Or Share Buybacks, And High Short Interest

Sep. 22, 2022 6:32 AM ETThe GEO Group, Inc. (GEO) StockCXW, GEO19 Comments
Investor Overview
2.4K Followers

Summary

  • GEO has managed to refinance its debt, leaving room for a dividend payment or share buyback program.
  • Revenue was up 4% year-over-year, and they are raising their outlook for FY2022.
  • The improved financial situation, the potential to initiate a share buyback program or pay dividends, the high short interest, and the low valuation make this stock worth buying.

Historic buildings of Wall Street in the financial district of lower Manhattan, New York City

deberarr

Introduction

GEO Group (NYSE:GEO) operates secure facilities, processing centers, and community reentry services in the United States, as well as in Australia, South Africa, and the United Kingdom.

Over the past 5 years, the stock has fallen sharply because they had

This article was written by

2.4K Followers
I'm a passionate investor from the Netherlands with 12 years of stock market experience. My articles usually contain a good overview of important investment criteria. A stock for my portfolio is of interest to me if the company has the following characteristics:1. Companies that are growing in both revenue, earnings and free cash flow.2. Companies that have excellent growth prospects.3. Stocks with favorable valuations.I prefer steadily growing companies with high free cash flow margins, dividend stocks and stocks with generous share repurchase programs.Disclaimer: My articles do not provide financial advice, they reflect my own findings and insights.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in GEO over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About GEO Stock

SymbolLast Price% Chg
EPS
PE
Div Rate
Yield
Short Interest
Market Cap
Volume
Compare to Peers

More on GEO

Related Stocks

SymbolLast Price% Chg
GEO
--