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The average of price targets set by Wall Street analysts indicates a potential upside of 58.8% in Geo Group (GEO). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Operator demand fuels Gilat's momentum across GEO, MEO, and LEO VHTS constellations Operator demand fuels Gilat's momentum across GEO, MEO, and LEO VHTS constellations
Geo Group (NYSE:GEO) and CoreCivic (NYSE:CXW) shares moved higher on Monday after Congress passed Donald Trump's tax and spending bill, which increases funding for immigrant detention. The legislation, known as the “big, beautiful bill,” will triple federal spending on immigrant detection, allocating $45 billion over the next four years.
MONTRÉAL, July 07, 2025 (GLOBE NEWSWIRE) -- OR Royalties Inc. (“OR Royalties” or the “Company”) (OR: TSX & NYSE) is pleased to provide an update on its second quarter 2025 preliminary deliveries, revenues and cash margin, as well as on its cash and debt positions as at June 30th, 2025. All monetary amounts included in this report are expressed in United States dollars, unless otherwise noted.
MASTIC, NY – A Long Island college student and her mother have been detained by ICE and sent to a Louisiana detention center after a mistaken address led immigration agents to the door of their Mastic home, according to loved ones and professors familiar with the case. Twenty-year-old Sara Lizeth Lopez Garcia, a Suffolk County Community College honors student, her mother and her 17-year-old brother were detained by ICE on May 21 when agents knocked on the door looking for the address's previous tenant, Lopez's fiancé, Santiago Ruiz Castilla, told Patch. Both women have "no criminal history, no warrants, no arrests, no deportation orders," he added. Patch reached out to ICE, which confirmed receipt of the message but declined to comment. Castilla said the two women were first detained in New York before being transferred to a New Jersey detention center and finally to Louisiana, while the teenager, a student at William Floyd High School, is living with neighbors. According to the ICE
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that it has entered into a purchase agreement with SDCC Middle Block, LLC (the “Seller”), an affiliate of Holland Partners Group, to acquire the 770-bed Western Region Detention Facility located in San Diego, California (the “San Diego Facility”) for $60 million. GEO currently leases the San Diego Facility for approximately $5.1 million annually under a lease agreement that expires on Mar.
NEWARK, NJ — They broke through a second-story wall, jumped onto mattresses and climbed over an outside fence. That’s how four federal immigration detainees escaped a privately run prison in Newark last week, authorities say. On Tuesday, the U.S. Attorney’s Office announced additional charges against Franklin Norberto Bautista Reyes, 20, of Honduras, Joan Sebastian Castaneda Lozada, 18, of Colombia, Andres Felipe Pineda Mogollon, 25, of Colombia, and Joel Enrrique Sandoval-Lopez, 22, of Honduras. In their statement, federal authorities detailed how the four men escaped Delaney Hall in Newark on June 12. According to prosecutors, the four prisoners broke through an aluminum second-story wall. They dropped mattresses through an opening in the wall, giving them a landing place to jump onto. The detainees then climbed over a fence, using bedsheets to cover barbed wire on their way out. Castaneda Lozada, Sandoval-Lopez and Bautista Reyes have been apprehended. Pineda Mogollon remains
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that its wholly-owned subsidiary, GEO Transport, Inc. has entered into a new five-year contract, inclusive of option periods, with the U.S. Marshals Service for the provision of secure transportation and contract detention officer services across three service regions covering 26 federal judicial districts and spanning 14 states. The new contract is expected to generate up to approximatel.
NEWARK, NJ — A Democratic congresswoman from New Jersey has been indicted on charges of “forcibly impeding and interfering with federal officers” after a scuffle outside an ICE detention facility – an allegation that she denies. According to the U.S. Attorney’s Office, Rep. LaMonica McIver (NJ-10) was charged in a three-count indictment on Tuesday in connection with an incident that took place outside Delaney Hall in Newark on May 9. U.S. Attorney Alina Habba – whom McIver has accused of politicizing the incident – announced the indictment on Tuesday evening, an hour before polls closed in the state’s 2025 primary election. “Today’s decision by the grand jury is the next step in a process that my office will pursue to a just end,” the Trump-appointee said. Habba said McIver faces a maximum of 17 years in prison if convicted on all three charges. The congresswoman immediately responded with a statement of her own, saying that she was “looking forward to my day in
BOCA RATON, Fla.--(BUSINESS WIRE)--The GEO Group, Inc. (NYSE: GEO) (“GEO” or the “Company”) announced today that the U.S. District Court, Central District of California (the “Court”) has approved a settlement in the case of Roman v. Wolf, which allows for immediate full intake at the GEO-owned, 1,940-bed Adelanto ICE Processing Center in California (the “Adelanto Center”). The Court had previously issued several injunction orders, including an intake prohibition order issued more than four year.