GEO

The GEO Group (GEO.US) climbed nearly 4% during regular trading to $33.20, hitting a 52-week high.

The stock is up 20.60% over the past five sessions, up 55.07% over the past six months and up 105.96% year to date. It sits 165.39% above its 52-week low of US$12.51. Volume was 2.20 times its average.

The Nasdaq Composite is down 0.99% over the past five sessions and up 9.64% year to date.

Third-quarter revenue rose 12% year-over-year to $761.1 million, while adjusted EBITDA advanced 21% to $145.3 million, driven by new contracts with U.S. Immigration and Customs Enforcement (ICE). The company raised its 2026 full-year net income guidance to $726.3 million–$730.5 million and expanded its share buyback program by $750 million.

GEO recently signed two 10-year service agreements with ICE covering the Big Spring Complex in Texas, with 2,329 beds, and the Northwest ICE Processing Center in Tacoma, Washington, with 1,635 beds. The contracts are expected to generate approximately $340 million in annual revenue in the first year.

Based on public media reports. AI-generated; not investment advice.