|Bid||7.50 x 4000|
|Ask||7.62 x 3000|
|Day's range||7.41 - 7.70|
|52-week range||4.96 - 11.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||7.26|
|Earnings date||14 Feb 2022 - 18 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||13.17|
The prison operator finally made a call about how it wants to structure its business. Investors weren't so pleased.
BOCA RATON, Fla., December 02, 2021--The GEO Group (NYSE: GEO) ("GEO") announced today that its Board of Directors (the "Board") has unanimously approved a plan to terminate its Real Estate Investment Trust ("REIT") election and become a taxable C corporation, effective for the fiscal year ending December 31, 2021. The decision stems from the Board’s evaluation of GEO’s corporate tax structure and REIT status, which was announced on April 7, 2021.
GEO vs. CUBE: Which Stock Is the Better Value Option?