Geo Group Inc (The) REIT (GEO)
Frequently Asked Questions About Geo Group Inc (The) REIT (GEO)
Does Geo Group Inc (The) REIT pay dividends?
Yes, Geo Group Inc (The) REIT traditionally pays dividends to its shareholders. As a REIT, the company is required to distribute at least 90% of its taxable income as dividends, providing a potential income stream for investors seeking yield.
How can I invest in Geo Group Inc (The) REIT?
Individuals interested in investing in Geo Group Inc (The) REIT can purchase shares through a broker that facilitates trading on the New York Stock Exchange, where the company's stock is listed under the ticker 'GEO'. As with any investment, it is advisable to consult with a financial advisor to understand the associated risks and opportunities.
How does Geo Group Inc (The) REIT contribute to community safety?
Geo Group Inc contributes to community safety by providing effective rehabilitation and reentry programs for individuals leaving corrections facilities, thereby reducing recidivism. Their services promote public safety by equipping individuals with the skills and support needed to reintegrate successfully into society.
How does Geo Group Inc (The) REIT ensure compliance with regulations?
Geo Group Inc adheres to strict regulatory frameworks governing the correctional industry. The company implements compliance programs that incorporate best practices, operational audits, and ongoing training for staff to ensure all operations meet or exceed the standards set forth by regulatory agencies.
How does Geo Group Inc (The) REIT support employee development?
Geo Group Inc invests in employee development through comprehensive training programs, leadership development initiatives, and career advancement opportunities. The company values its workforce and aims to create a positive workplace culture that encourages professional growth and skill enhancement.
Is Geo Group Inc (The) REIT involved in any controversies?
Geo Group Inc has faced its share of controversies, particularly related to the private prison industry and its role in the criminal justice system. Critics raise concerns about the ethics of privatizing incarceration. The company strives to address these issues and works to improve transparency and operational standards.
Is Geo Group Inc (The) REIT publicly traded?
Yes, Geo Group Inc (The) REIT is publicly traded on the New York Stock Exchange under the ticker symbol 'GEO'. As a publicly traded REIT, it provides investors an opportunity to invest in a company that focuses on specialized real estate assets in the corrections sector.
What are the core values of Geo Group Inc (The) REIT?
Geo Group Inc emphasizes core values such as integrity, compassion, accountability, and excellence. The company aims to deliver high-quality services through adherence to these values, ensuring positive outcomes for the individuals in their care and the communities they operate within.
What does Geo Group Inc (The) REIT do?
Geo Group Inc (The) REIT is a real estate investment trust that specializes in the ownership and management of secure and low-secure correctional, detention, and mental health facilities. They operate facilities in the United States and internationally, addressing the needs of governmental agencies in providing rehabilitation and reentry programs, while delivering effective services designed to improve public safety.
What initiatives does Geo Group Inc (The) REIT have for sustainability?
Geo Group Inc is committed to sustainability through various initiatives that aim to reduce their environmental impact. This includes energy-efficient facility operations, waste reduction programs, and community engagement efforts that promote responsible resource management and social responsibility.
What is the business model of Geo Group Inc (The) REIT?
Geo Group's business model centers on leasing and managing facility operations under contracts with government agencies. The company generates revenue through these leases, as well as through the provision of rehabilitation resources and services, creating an integrated approach to corrections.
What is the community engagement approach of Geo Group Inc (The) REIT?
Geo Group Inc engages with local communities through outreach programs, educational initiatives, and partnerships with local organizations. They aim to foster positive relationships and support community welfare, especially in areas where their facilities are located.
What is the financial performance of Geo Group Inc (The) REIT?
Geo Group Inc (The) REIT has a history of providing stable and consistent financial performance, characterized by regular revenue growth and predictable cash flow due to long-term contracts with government agencies. Investors typically monitor the company's earnings reports and market conditions impacting the corrections sector.
What is the geographic scope of Geo Group Inc (The) REIT's operations?
Geo Group Inc operates facilities across various states in the United States and has an international presence with operations in several countries, including Australia and South Africa. Their widespread geographic footprint enables them to serve a broad market of governmental clients.
What recent developments or news have affected Geo Group Inc (The) REIT?
Recent developments affecting Geo Group Inc include changes in criminal justice policies, market conditions surrounding the private corrections industry, and the impact of legal actions and public perception on its operational strategies. It is always advisable to follow the company's press releases and financial news for current updates.
What role does technology play in Geo Group Inc (The) REIT's operations?
Technology plays a significant role in the operations of Geo Group Inc, enhancing security management, communication, and rehabilitation efforts. They integrate advanced monitoring systems and data analytics to improve facility management and individual programs aimed at reducing recidivism.
What types of facilities does Geo Group Inc (The) REIT operate?
Geo Group Inc operates a variety of facilities including secure correctional facilities, immigration detention centers, community reentry centers, and mental health facilities. These facilities are designed to accommodate a range of populations and offer different levels of security and services.
When was Geo Group Inc (The) REIT founded?
Geo Group Inc was founded in 1984. Since then, the company has grown to become a leading provider of correctional, detention, and community reentry services, aligning its operations with evolving criminal justice policies and practices.
Where is the headquarters of Geo Group Inc (The) REIT located?
The headquarters of Geo Group Inc (The) REIT is located in Boca Raton, Florida. This strategic location allows the company to maintain close proximity to its operational facilities and serve its diverse client base across the country and internationally.
Who are the primary clients of Geo Group Inc (The) REIT?
Geo Group's primary clients are federal, state, and local government agencies that require secured facilities for the housing and management of inmates, detainees, and individuals needing mental health support. The company collaborates closely with these agencies to deliver tailored solutions and services.
What is the current price of Geo Group Inc (The) REIT?
The current price of Geo Group Inc (The) REIT is 29.50
When was Geo Group Inc (The) REIT last traded?
The last trade of Geo Group Inc (The) REIT was at 7:00 pm EDT on April 2nd, 2025
What is the market capitalization of Geo Group Inc (The) REIT?
The market capitalization of Geo Group Inc (The) REIT is 3.72B
How many shares of Geo Group Inc (The) REIT are outstanding?
Geo Group Inc (The) REIT has 126.02M shares outstanding.