Geo Group Sells Lawton Facility to Oklahoma

An update from Geo Group ( (GEO) ) is now available.

On June 3, 2025, The GEO Group, Inc. entered into a Purchase and Sale Agreement to sell the Lawton Correctional Facility in Oklahoma to the State of Oklahoma for $312 million. The sale, expected to close on July 25, 2025, will transition facility operations to the Oklahoma Department of Corrections, a current customer of GEO. This transaction is anticipated to significantly reduce GEO’s debt and enhance long-term shareholder value, reflecting the intrinsic value of the company’s owned facilities.

The most recent analyst rating on (GEO) stock is a Buy with a $20.00 price target. To see the full list of analyst forecasts on Geo Group stock, see the GEO Stock Forecast page.

Spark’s Take on GEO Stock

According to Spark, TipRanks’ AI Analyst, GEO is a Neutral.

GEO’s overall score reflects a balance between operational efficiency, growth potential from new contracts, and strategic initiatives to reduce debt. High leverage and valuation concerns weigh on the score, but future growth prospects and strategic focus provide a positive outlook.

To see Spark’s full report on GEO stock, click here.

More about Geo Group

The GEO Group, Inc. is a leading diversified government service provider specializing in the design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO offers services such as enhanced in-custody rehabilitation, post-release support, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. The company operates 98 facilities with approximately 77,000 beds and employs up to 18,000 people worldwide.

Average Trading Volume: 2,996,886

Technical Sentiment Signal: Buy

Current Market Cap: $3.81B

For an in-depth examination of GEO stock, go to TipRanks’ Stock Analysis page.