$GEO (The GEO Group, Inc.)

$GEO {{ '2016-04-12T13:43:57+0000' | timeago}} • Announcement

Correctional, detention, and community reentry services provider $GEO said it announced the pricing of $350MM aggregate principal amount of senior unsecured notes due April 2026. The offering was upsized from $300MM. The notes will be issued with a coupon and yield to maturity of 6.00%.

$GEO {{ '2017-04-28T19:36:38+0000' | timeago}} • Announcement

$GEO's BoD declared a quarterly cash dividend of $0.47 per share. The dividend reflects the effect of the recent 3-for-2 split of its common stock, which began trading at the split-adjusted price on April 25, 2017. The dividend will be paid on May 19, 2017, to shareholders of record as of May 9, 2017.

$GEO {{ '2017-04-13T14:56:04+0000' | timeago}} • Announcement

$GEO has been awarded a contract by US Immigration and Customs Enforcement for the development and operation of a new $110MM detention facility to be located in Conroe, Texas. The 1,000-bed facility is scheduled for completion in 4Q18 and is expected to generate approx $44MM in annualized revenues and returns on investment.

$GEO {{ '2017-03-27T14:36:42+0000' | timeago}} • Announcement

$GEO's BoD declared on March 24 a 3-for-2 stock split of its common stock. Shareholders of record on April 10, 2017 will receive 1 additional share for every 2 shares held on the record date. The new shares will be payable on April 24, 2017. After stock split, $GEO's common shares outstanding will rise from about 82.1MM to about 123.1MM.

$GEO {{ '2017-03-14T15:23:15+0000' | timeago}} • Announcement

$GEO closed sale of 6.9MM common shares in connection with its underwritten public offering. After giving effect to the issuance of 6.9MM shares in the offering, $GEO has about 82.05MM shares of common stock outstanding as of March 13, 2017.

$GEO {{ '2017-03-14T15:21:49+0000' | timeago}} • Announcement

$GEO closed sale of 6.9MM common shares in connection with its underwritten public offering, including 900,000 common shares issued in connection with the underwriters' full exercise of their option to buy additional shares. $GEO received gross proceeds of about $288.1MM, including about $37.6MM in connection with the sale of additional shares.

$GEO {{ '2017-03-09T14:37:16+0000' | timeago}} • Announcement

$GEO said the net proceeds from its 6.9MM offering, the settlement of which is expected on March 13, 2017, is expected to be used to repay amounts outstanding under GEO Group's revolver portion of its senior credit facility and for general corporate purposes.

$GEO {{ '2017-03-09T14:36:21+0000' | timeago}} • Announcement

$GEO said the underwriters for recently announced public offering of 6MM shares have exercised in full their option to purchase up to 0.9MM additional shares.Taking this into effect, GEO Group is selling a total of 6.9MM shares in the offering for total gross proceeds of about $288.1MM.

$GEO {{ '2017-03-08T17:37:33+0000' | timeago}} • Announcement

$GEO priced its previously announced underwritten public offering of 6,000,000 shares of its common stock at $41.75 per share. The company expects to use the net proceeds of this offering to repay amounts outstanding under the revolver portion of its senior credit facility and for general corporate purposes.

$GEO {{ '2017-03-08T13:13:39+0000' | timeago}} • Announcement

$GEO commenced an underwritten public offering of 6MM common shares. $GEO plans to grant underwriters a 30-day option to buy up to 900,000 additional shares. $GEO plans to use net proceeds to repay amounts outstanding under its revolver portion of its senior credit facility and for general corporate purposes.

$GEO {{ '2017-02-24T16:42:38+0000' | timeago}} • Announcement

$GEO agreed to buy Community Education Centers (CEC). The acquisition is expected to rise $GEO's annualized revenues by about $250MM. $GEO sees annual net synergies of $5MM to be realized over 9-12 months. $GEO expects the acquisition to be modestly accretive in 2017 and to be 9-11% accretive to Adjusted EBITDA post-synergies beginning in 2018.

$GEO {{ '2017-02-24T16:40:58+0000' | timeago}} • Announcement

$GEO agreed to buy Community Education Centers (CEC), a private provider of rehabilitative services, for $360MM in cash, excluding transaction related expenses. $GEO will not assume any debt as a result of the transaction. $GEO plans to CEC into its existing business units of GEO Corrections & Detention and GEO Care. The deal will close in 2Q17.

$GEO {{ '2017-02-06T15:14:44+0000' | timeago}} • Announcement

$GEO BoD declared a quarterly cash dividend of $0.70 per share. The quarterly cash dividend will be paid on Feb. 27, 2017 to shareholders of record as of the close of business on Feb. 17, 2017.

$GEO {{ '2016-12-19T17:06:29+0000' | timeago}} • Announcement

$GEO signed a contract for 780 beds at an existing company-owned facility in Folkston, Georgia, which will be named the Folkston ICE Processing Center. The Center will house immigration detainees under a five-year intergovernmental service agreement between Charlton County and U.S. Immigration Customs and Enforcement.

$GEO {{ '2016-10-18T14:16:52+0000' | timeago}} • Announcement

$GEO said its Board of Directors declared a quarterly cash dividend of $0.65 per share. The quarterly cash dividend will be paid on November 10, 2016 to shareholders of record as of the close of business on October 31, 2016.

$GEO {{ '2016-09-30T13:26:56+0000' | timeago}} • Announcement

$GEO said the Federal Bureau of Prisons has extended its contract for the company-owned D. Ray James Correctional Facility for a 2-year renewal term through Sept. 30, 2018. This house up to 1,900 federal inmates with a fixed payment for 1,800 beds compared to $GEO's previous contract which contained a fixed payment for 1,962 beds.

$GEO {{ '2016-08-30T07:07:05+0000' | timeago}} • Announcement

Equity real estate investment trust $GEO said the US Department of Homeland Security has directed the US Immigration and Customs Enforcement (ICE) to initiate an independent review of the company's current detention and processing centers.

$GEO {{ '2016-08-19T17:35:15+0000' | timeago}} • Announcement

$GEO said the Federal Bureau of Prisons has extended its contract for the company-owned D. Ray James Correctional Facility for a renewal term through Sept. 30, 2018 under its existing ten-year contract which is effective through Sept. 30, 2022.

$GEO {{ '2016-07-25T20:13:02+0000' | timeago}} • Announcement

Equity REIT $GEO said its BoD declared a quarterly cash dividend of $0.65 per share, payable August 12, 2016 to shareholders of record as of August 1, 2016.

$GEO {{ '2016-05-19T21:25:18+0000' | timeago}} • Announcement

$GEO announced an amendment to its senior credit facility. Following the amendment, $GEO's senior credit facility is now comprised of a $291MM Term Loan B due April 2020 bearing interest at LIBOR plus 2.50% and a $900MM Revolving Credit Facility due May 2021 bearing interest at LIBOR plus 2.25%.

$GEO {{ '2016-04-20T15:42:18+0000' | timeago}} • Announcement

Equity REIT $GEO said its BoD declared a quarterly cash dividend of $0.65 per share, or $2.60 per share annualized, which is payable on May 12, 2016 to shareholders of record on May 2, 2016.

Recent Transcripts

CMG (Chipotle Mexican Grill, Inc.)
Tuesday, July 25 2017 - 8:30pm
SHW (The Sherwin-Williams Company)
Thursday, July 20 2017 - 3:00pm
GWW (W.W. Grainger, Inc.)
Wednesday, July 19 2017 - 3:00pm
UMH (UMH Properties Inc.)
Wednesday, May 10 2017 - 2:00pm
HCKT (The Hackett Group, Inc.)
Tuesday, May 9 2017 - 9:00pm
BRG (Bluerock Residential Growth REIT, Inc.)
Monday, May 8 2017 - 3:00pm
CXW (Corrections Corporation of America)
Thursday, May 4 2017 - 3:00pm
MMS (MAXIMUS, Inc.)
Thursday, May 4 2017 - 1:00pm
GEO (The GEO Group, Inc.)
Tuesday, May 2 2017 - 3:00pm
SKT (Tanger Factory Outlet Centers Inc.)
Tuesday, May 2 2017 - 2:00pm
TCO (Taubman Centers, Inc.)
Friday, April 28 2017 - 3:00pm
AMZN (Amazon.com, Inc.)
Thursday, April 27 2017 - 9:30pm
PSA (Public Storage)
Thursday, April 27 2017 - 6:00pm
ORLY (O'Reilly Automotive Inc.)
Thursday, April 27 2017 - 3:00pm
SPG (Simon Property Group Inc.)
Thursday, April 27 2017 - 2:00pm
AMT (American Tower Corporation)
Thursday, April 27 2017 - 12:30pm
AGNC (American Capital Agency Corp.)
Thursday, April 27 2017 - 12:30pm
CMG (Chipotle Mexican Grill, Inc.)
Tuesday, April 25 2017 - 8:30pm
UDR (UDR, Inc.)
Tuesday, April 25 2017 - 5:00pm
SHW (The Sherwin-Williams Company)
Thursday, April 20 2017 - 3:00pm

AlphaGraphics you may like