GEO Group (NYSE:GEO) Stock, Quote.Headers.trade-ideas

GEO Group

The GEO Group Inc specializes in detention facilities and community reentry centers. It operates in four segments: U.S. Secure Services, which mainly encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.

GEO Gr

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GEO Group reports Q2 FY24 revenue of $607.2M, adj EPS of $0.23 exceeds consensus of $0.17. Company projects Q3 EPS of $0.21-$0.25 and FY24 adjusted EPS of $0.82-$0.93.

What&#39;s Going On With Security Company GEO Group Stock Today?

Earnings Beats

Analyst Ratings

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Shares of prison stocks are trading lower following last night's presidential debate.

U.S. stock futures were lower this morning, with the Dow futures falling around 150 points on Wednesday.
Shares of GameStop Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>) fell sharply in today's pre-market trading<a href="https://www.benzinga.com/news/24/09/40809198/gamestop-shares-tumble-11-in-premarket-whats-behind-the-sudden-drop"> following second-quarter results.</a>
GameStop reported second-quarter net sales of $798.0 million, which missed a Street consensus estimate of $895.7 million, according to data from Benzinga Pro. The company reported a profit of 1 cent per share, beating a Street consensus estimate of a loss of 9 cents per share.
GameStop shares dipped 10.5% to $20.98 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
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<li>Rentokil Initial plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RTO#NYSE">RTO</a>) shares fell 17.6% to $26.02 in pre-market trading.</li>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares declined 16% to $15.65 in pre-market trading after gaining 3% on Tuesday.</li>
<li>Relay Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RLAY#NASDAQ">RLAY</a>) shares dipped 11.9% to $7.93 in pre-market trading. Relay Therapeutics priced its $200 million public offering of 28,571,429 common shares at $7/share.</li>
<li>CTO Realty Growth, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CTO#NYSE">CTO</a>) fell 7.6% to $19.54 in pre-market trading after gaining over 8% on Tuesday.</li>
<li>The GEO Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) shares declined 7.2% to $12.50 in pre-market trading.</li>
<li>EVgo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EVGO#NASDAQ">EVGO</a>) shares fell 6.1% to $3.82 in pre-market trading after adding over 5% on Tuesday.</li>
<li>Rollins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROL#NYSE">ROL</a>) shares declined 6.1% to $48.00 in pre-market trading.</li>
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During the last three months, 4 analysts shared their evaluations of GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>), revealing diverse outlooks from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;">Bullish</th>
<th style="text-align: right;">Somewhat Bullish</th>
<th style="text-align: right;">Indifferent</th>
<th style="text-align: right;">Somewhat Bearish</th>
<th style="text-align: right;">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
The 12-month price targets, analyzed by analysts, offer insights with an average target of $18.38, a high estimate of $19.00, and a low estimate of $17.00. A negative shift in sentiment is evident as analysts have decreased the average price target by 2.85%. 
<img src="https://www.benzinga.com/files/images/story/2024/1723136412_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of GEO Group among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Lowers</td>
<td>Outperform</td>
<td>$17.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Jason Weaver</td>
<td>Jones Trading</td>
<td>Maintains</td>
<td>Buy</td>
<td>$18.75</td>
<td>$18.75</td>
</tr>
<tr>
<td>Jay McCanless</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$19.00</td>
<td>$19.00</td>
</tr>
<tr>
<td>Jason Weaver</td>
<td>Jones Trading</td>
<td>Announces</td>
<td>Buy</td>
<td>$18.75</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to GEO Group. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of GEO Group compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for GEO Group's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of GEO Group's market standing. Stay informed and make data-driven decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/GEO/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on GEO Group analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap">you can start by tracking it here</a>.
<h2>All You Need to Know About GEO Group</h2>
The GEO Group Inc specializes in detention facilities and community reentry centers. It operates in four segments: U.S. Secure Services, which mainly encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
<h3>GEO Group's Economic Impact: An Analysis</h3>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
Revenue Growth: GEO Group's revenue growth over a period of 3 months has faced challenges. As of 31 March, 2024, the company experienced a revenue decline of approximately -0.42%. This indicates a decrease in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.
Net Margin: GEO Group's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 3.11%, the company may face hurdles in effective cost management.
Return on Equity (ROE): GEO Group's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.45%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): GEO Group's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.51%, the company may face hurdles in achieving optimal financial returns.
Debt Management: GEO Group's debt-to-equity ratio stands notably higher than the industry average, reaching 1.42. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Analyst Ratings: Simplified</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Analysts may enhance their evaluations by incorporating forecasts for metrics like growth estimates, earnings, and revenue, delivering additional guidance to investors. It is vital to acknowledge that, although experts in stocks and sectors, analysts are human and express their opinions when providing insights.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Analyst Verdict: GEO Group In The Eyes Of 4 Experts

Wedbush analyst Jay McCanless maintains GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) with a Outperform and lowers the price target from $19 to $17.

Price Target

Wedbush Maintains Outperform on GEO Group, Lowers Price Target to $17

Jones Trading analyst Jason Weaver maintains GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) with a Buy and maintains $18.75 price target.

Jones Trading Maintains Buy on GEO Group, Maintains $18.75 Price Target

Wedbush analyst Jay McCanless reiterates GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) with a Outperform and maintains $19 price target.

Reiteration

Wedbush Reiterates Outperform on GEO Group, Maintains $19 Price Target

The GEO Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) shares are trading higher after the company reported second-quarter FY24 revenue of $607.2 million, missing the <a target="_blank" href="https://www.benzinga.com/pressreleases/24/08/b40213615/the-geo-group-reports-second-quarter-2024-results" rel="noreferrer noopener">consensus of $608.08 million</a>.
Adjusted EBITDA declined to $119.3 million from $129.0 million a year ago quarter. Adjusted EPS&nbsp;of $0.23&nbsp;exceeded <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of&nbsp;$0.17</a>.
George C. Zoley, Executive Chairman of GEO, said, &#8220;Our diversified business units have continued to deliver steady financial and operational performance. We are pleased to have completed the comprehensive refinancing of our debt, including the exchange and retirement of substantially all of our convertible notes, during the second quarter of 2024.&#8221;
In the second quarter of 2024, U.S. Immigration and Customs Enforcement (ICE) issued a task order for the GEO-owned 1,940-bed Adelanto ICE Processing Center in California.
Also, on June 20, the company announced its intent to terminate its management contract for the 2,388-bed Lawton Correctional and Rehabilitation Facility, which was scheduled to end on June 30.
After accounting for cash-on-hand of $46.3 million, the company&#8217;s total net debt was approximately $1.754 billion at the end of the second quarter of 2024.
Outlook: GEO Group projects third-quarter 2024 EPS of $0.21 to $0.25 vs. an estimate of $0.27 and revenues of $606 million-$616 million vs. an estimate of $613.3 million.
GEO Group anticipates fourth-quarter EPS of $0.22 &#8211; $0.29 vs. $0.30 estimate and revenue of $611 million-$621 million vs. the $618.8 million estimate.
The company revised outlook for FY24 revenues from $2.40 billion to $2.44 billion against the consensus of $2.446 billion. The company reduced its adjusted EPS outlook from $0.87 &#8211; $1.02 to $0.82 &#8211; $0.93 vs. street view of $0.92 and adjusted EBITDA to $485 million &#8211; $505 million <a href="https://www.benzinga.com/calendars/guidance">from the prior view of $485 million &#8211; $515 million.</a>
Price Action: GEO shares are up 2.57% at $13.16 premarket at the last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

What's Going On With Security Company GEO Group Stock Today?

The GEO Group Sees Q4 2024 Net Income Per Share $0.22-$0.29 Vs $0.30 Estimate; Sees Revenue $611M-$621M Vs $618.8M Estimate

The GEO Group Sees FY24 Adj. Net Income Per Share $0.82-$0.93 Vs $0.92 Estimate; Sees Adj. EBITDA $485M-$505M

The GEO Group Sees Q3 2024 Net Income $0.21-$0.25 Vs $0.27 Estimate; Sees Revenues $606M-$616M Vs $613M Estimate

GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) reported quarterly earnings of $0.23 per share which beat the analyst consensus estimate of $0.17 by 35.29 percent. The company reported quarterly sales of $607.20 million which missed the analyst consensus estimate of $608.08 million by 0.14 percent. This is a 2.24 percent increase over sales of $593.89 million the same period last year.

Earnings Misses

GEO Group Q2 2024 Adj EPS $0.23 Beats $0.17 Estimate, Sales $607.20M Miss $608.08M Estimate

APi (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/apg#NYSE">APG</a>) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 4.26%. A quarter ago, it was expected that this company would post earnings of $0.32 per share when it actually produced earnings of $0.34, delivering a surprise of 6.25%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
APi, which belongs to the Zacks Business - Services industry, posted revenues of $1.73 billion for the quarter ended June 2024, missing the Zacks Consensus Estimate by 4.87%. This compares to year-ago revenues of $1.77 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock&#39;s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management&#39;s commentary on the earnings call.
APi shares have added about 9.5% since the beginning of the year versus the S&amp;P 500&#39;s gain of 15.8%.
<h2>What&#39;s Next for APi?</h2>
While APi has underperformed the market so far this year, the question that comes to investors&#39; minds is: what&#39;s next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company&#39;s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for APi: favorable. While the magnitude and direction of estimate revisions could change following the company&#39;s just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future.
It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.57 on $1.91 billion in revenues for the coming quarter and $1.88 on $7.2 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Business - Services is currently in the top 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Geo Group (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/geo#NYSE">GEO</a>), is yet to report results for the quarter ended June 2024. The results are expected to be released on August 7.
This private prison operator is expected to post quarterly earnings of $0.26 per share in its upcoming report, which represents a year-over-year change of +8.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Geo Group&#39;s revenues are expected to be $606.76 million, up 2.2% from the year-ago quarter.
<a href="https://www.zacks.com/stock/news/2313954/api-apg-q2-earnings-beat-estimates?cid=CS-BENZ-FT-tale_of_the_tape|yseop_template_4-2313954">To read this article on Zacks.com click here.</a>

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AAL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$10.50</td>
<td>$795.0K</td>
<td>51.7K</td>
<td>16.8K</td>
</tr>
<tr>
<td>UPS</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$130.00</td>
<td>$78.0K</td>
<td>2.1K</td>
<td>2.6K</td>
</tr>
<tr>
<td>VRT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$100.00</td>
<td>$85.7K</td>
<td>8.2K</td>
<td>1.4K</td>
</tr>
<tr>
<td>BA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$180.00</td>
<td>$36.8K</td>
<td>4.8K</td>
<td>1.2K</td>
</tr>
<tr>
<td>WSC</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$40.00</td>
<td>$72.3K</td>
<td>4.2K</td>
<td>1.2K</td>
</tr>
<tr>
<td>MMM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$105.00</td>
<td>$245.0K</td>
<td>1.6K</td>
<td>1.1K</td>
</tr>
<tr>
<td>UBER</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$66.00</td>
<td>$28.5K</td>
<td>477</td>
<td>1.1K</td>
</tr>
<tr>
<td>GEO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$15.00</td>
<td>$50.9K</td>
<td>634</td>
<td>472</td>
</tr>
<tr>
<td>LMT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/26/24</td>
<td>$515.00</td>
<td>$27.7K</td>
<td>0</td>
<td>152</td>
</tr>
<tr>
<td>ETN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$320.00</td>
<td>$242.0K</td>
<td>582</td>
<td>139</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding AAL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>), we observe a put option trade with bearish sentiment. It expires in 2 day(s) on July 26, 2024. Parties traded 15000 contract(s) at a $10.50 strike. The total cost received by the writing party (or parties) was $795.0K, with a price of $53.0 per contract. There were 51779 open contracts at this strike prior to today, and today 16886 contract(s) were bought and sold. 
• Regarding UPS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UPS#NYSE">UPS</a>), we observe a call option sweep with bearish sentiment. It expires in 58 day(s) on September 20, 2024. Parties traded 200 contract(s) at a $130.00 strike. This particular call needed to be split into 23 different trades to become filled. The total cost received by the writing party (or parties) was $78.0K, with a price of $390.0 per contract. There were 2158 open contracts at this strike prior to today, and today 2613 contract(s) were bought and sold. 
• Regarding VRT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VRT#NYSE">VRT</a>), we observe a call option trade with bearish sentiment. It expires in 58 day(s) on September 20, 2024. Parties traded 350 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $85.7K, with a price of $245.0 per contract. There were 8247 open contracts at this strike prior to today, and today 1401 contract(s) were bought and sold. 
• For BA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>), we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on August 16, 2024. This event was a transfer of 40 contract(s) at a $180.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $36.8K, with a price of $921.0 per contract. There were 4825 open contracts at this strike prior to today, and today 1215 contract(s) were bought and sold. 
• For WSC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WSC#NASDAQ">WSC</a>), we notice a call option sweep that happens to be bearish, expiring in 23 day(s) on August 16, 2024. This event was a transfer of 201 contract(s) at a $40.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $72.3K, with a price of $360.0 per contract. There were 4286 open contracts at this strike prior to today, and today 1205 contract(s) were bought and sold. 
• Regarding MMM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MMM#NYSE">MMM</a>), we observe a call option trade with bullish sentiment. It expires in 2 day(s) on July 26, 2024. Parties traded 1000 contract(s) at a $105.00 strike. The total cost received by the writing party (or parties) was $245.0K, with a price of $245.0 per contract. There were 1646 open contracts at this strike prior to today, and today 1138 contract(s) were bought and sold. 
• Regarding UBER (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on July 26, 2024. Parties traded 190 contract(s) at a $66.00 strike. This particular call needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was $28.5K, with a price of $150.0 per contract. There were 477 open contracts at this strike prior to today, and today 1116 contract(s) were bought and sold. 
• For GEO (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>), we notice a call option trade that happens to be bearish, expiring in 9 day(s) on August 2, 2024. This event was a transfer of 472 contract(s) at a $15.00 strike. The total cost received by the writing party (or parties) was $50.9K, with a price of $108.0 per contract. There were 634 open contracts at this strike prior to today, and today 472 contract(s) were bought and sold. 
• For LMT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LMT#NYSE">LMT</a>), we notice a put option sweep that happens to be bearish, expiring in 2 day(s) on July 26, 2024. This event was a transfer of 96 contract(s) at a $515.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $290.0 per contract. There were 0 open contracts at this strike prior to today, and today 152 contract(s) were bought and sold. 
• For ETN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETN#NYSE">ETN</a>), we notice a put option sweep that happens to be bearish, expiring in 58 day(s) on September 20, 2024. This event was a transfer of 109 contract(s) at a $320.00 strike. This particular put needed to be split into 16 different trades to become filled. The total cost received by the writing party (or parties) was $242.0K, with a price of $2220.0 per contract. There were 582 open contracts at this strike prior to today, and today 139 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

UBER

10 Industrials Stocks Whale Activity In Today's Session

Deep-pocketed investors have adopted a bullish approach towards GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GEO usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for GEO Group. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 62% leaning bullish and 25% bearish. Among these notable options, 4 are puts, totaling $153,039, and 4 are calls, amounting to $156,482.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $12.0 to $20.0 for GEO Group over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for GEO Group options trades today is 762.25 with a total volume of 2,151.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for GEO Group's big money trades within a strike price range of $12.0 to $20.0 over the last 30 days.
<h3>GEO Group Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721674874_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GEO</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>08/02/24</td>
<td>$1.3</td>
<td>$1.2</td>
<td>$1.25</td>
<td>$15.00</td>
<td>$67.3K</td>
<td>1.0K</td>
<td>1.0K</td>
</tr>
<tr>
<td>GEO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$4.0</td>
<td>$3.9</td>
<td>$3.9</td>
<td>$20.00</td>
<td>$39.0K</td>
<td>500</td>
<td>0</td>
</tr>
<tr>
<td>GEO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$4.0</td>
<td>$3.8</td>
<td>$3.83</td>
<td>$20.00</td>
<td>$38.3K</td>
<td>500</td>
<td>200</td>
</tr>
<tr>
<td>GEO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$3.9</td>
<td>$3.8</td>
<td>$3.82</td>
<td>$20.00</td>
<td>$38.0K</td>
<td>500</td>
<td>300</td>
</tr>
<tr>
<td>GEO</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$3.9</td>
<td>$3.8</td>
<td>$3.8</td>
<td>$20.00</td>
<td>$37.6K</td>
<td>500</td>
<td>101</td>
</tr>
</tbody>
</table>

<h3>About GEO Group</h3>
The GEO Group Inc specializes in detention facilities and community reentry centers. It operates in four segments: U.S. Secure Services, which mainly encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
Having examined the options trading patterns of GEO Group, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
<h3>Present Market Standing of GEO Group</h3>
<ul>
<li>With a volume of 1,427,148, the price of GEO is down -3.12% at $15.83. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 16 days.</li>
</ul>
<h3>Expert Opinions on GEO Group</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $18.75.
<ul>
<li>In a cautious move, an analyst from Jones Trading downgraded its rating to Buy, setting a price target of $18. </li>
</ul>
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for GEO Group with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Looking At GEO Group's Recent Unusual Options Activity

The GEO Group Announced That It Has Extended Its Offers To Exchange Up To $650.0M Of 8.625% Senior Secured Notes Due 2029 And Up To $625.0M Of 10.250% Senior Notes Due 2031 Issued In A Private Placement

Investors with a lot of money to spend have taken a bullish stance on GEO Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with GEO, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for GEO Group.
This isn't normal.
The overall sentiment of these big-money traders is split between 50% bullish and 50%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $376,000, and 9, calls, for a total amount of $403,785.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $15.0 to $22.0 for GEO Group over the last 3 months. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for GEO Group's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of GEO Group's whale activity within a strike price range from $15.0 to $22.0 in the last 30 days. 
<h3>GEO Group 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1721146561_0.png" alt="Options Call Chart" />
<h3>Biggest Options Spotted:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GEO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$3.9</td>
<td>$3.7</td>
<td>$3.76</td>
<td>$20.00</td>
<td>$376.0K</td>
<td>226</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>GEO</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$3.1</td>
<td>$2.95</td>
<td>$3.0</td>
<td>$15.00</td>
<td>$88.8K</td>
<td>2.0K</td>
<td style="text-align: right;">206</td>
</tr>
<tr>
<td>GEO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$3.1</td>
<td>$3.0</td>
<td>$3.0</td>
<td>$15.00</td>
<td>$59.4K</td>
<td>2.0K</td>
<td style="text-align: right;">8</td>
</tr>
<tr>
<td>GEO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/19/24</td>
<td>$0.25</td>
<td>$0.2</td>
<td>$0.25</td>
<td>$18.00</td>
<td>$56.6K</td>
<td>409</td>
<td style="text-align: right;">174</td>
</tr>
<tr>
<td>GEO</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$2.9</td>
<td>$2.65</td>
<td>$2.75</td>
<td>$18.00</td>
<td>$51.4K</td>
<td>423</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>

<h3>About GEO Group</h3>
The GEO Group Inc specializes in detention facilities and community reentry centers. It operates in four segments: U.S. Secure Services, which mainly encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
Following our analysis of the options activities associated with GEO Group, we pivot to a closer look at the company's own performance.
<h3>GEO Group's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 1,263,146, the GEO's price is up by 2.12%, now at $17.8. </li>
<li>RSI readings suggest the stock is currently may be overbought.</li>
<li>Anticipated earnings release is in 22 days.</li>
</ul>
<h3>Professional Analyst Ratings for GEO Group</h3>
In the last month, 1 experts released ratings on this stock with an average target price of $18.75.
<ul>
<li>In a cautious move, an analyst from Jones Trading downgraded its rating to Buy, setting a price target of $18. </li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for GEO Group, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

A Closer Look at GEO Group's Options Market Dynamics

U.S. stocks were higher, with the Dow Jones index gaining around 250 points on Monday.
Shares of MicroStrategy Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) rose sharply during Monday's session <a href="https://www.benzinga.com/quote/BTC-USD">amid a rise Bitcoin</a>.
Bitcoin prices rose past the key $63,000 level on Monday.
MicroStrategy shares jumped 11.5% to $1,556.89 during the session.
Here are some other big stocks recording gains in today&#8217;s session.
<ul>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) shares jumped 32.8% to $41.03 following the attempted assassination of Donald Trump. The company's CEO Devin Nunes issued the following statement in response to the attempted assassination of President Donald J. Trump, &#8220;I offer my deepest sympathies to the family of the rally goer killed in Butler, Pennsylvania, and to those who were wounded. I thank God President Trump survived the assassination attempt and is now safe.&#8221;</li>
<li>Innodata Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INOD#NASDAQ">INOD</a>) shares gained 22.1% to $20.66. Maxim Group analyst Allen Klee initiated coverage on Innodata with a Buy rating and announced a price target of $30.</li>
<li>BitFuFu Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUFU#NASDAQ">FUFU</a>) surged 20.3% to $5.16 after Bitcoin rose above $63,000.</li>
<li>Humacyte, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUMA#NASDAQ">HUMA</a>) gained 19% to $8.32 after the Pluristyx announced a license agreement with the company.</li>
<li>Aurora Innovation, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUR#NASDAQ">AUR</a>) shares gained 15.6% to $4.28.</li>
<li>Hut 8 Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HUT#NASDAQ">HUT</a>) climbed 13% to $19.17 after Bitcoin rose above $63,000.</li>
<li>Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) climbed 11.2% to $242.51 after Bitcoin rose above $63,000.</li>
<li>Upstart Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>) gained 10.3% to $29.91.</li>
<li>CleanSpark, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) gained 9.9% to $17.42 after Bitcoin rose above $63,000.</li>
<li>The GEO Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) gained 9.7% to $17.50.</li>
<li>Marathon Digital Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MARA#NASDAQ">MARA</a>) rose 9.5% to $22.74 after Bitcoin rose above $63,000.</li>
<li>GoodRx Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GDRX#NASDAQ">GDRX</a>) gained 8% to $8.33. GoodRx is expected to release its second quarter 2024 financial results before the opening bell on Thursday, Aug. 8.</li>
<li>Riot Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIOT#NASDAQ">RIOT</a>) gained 8% to $10.59 after Bitcoin rose above $63,000.</li>
<li>Robinhood Markets, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) climbed 7.1% to $23.86.</li>
<li>Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) rose 6% to $263.03 possibly after CEO Elon Musk endorsed former President Trump on X after the attempted assassination. In response to the attack, Trump-adjacent stocks moved higher on Monday.</li>
<li>Steel Dynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STLD#NASDAQ">STLD</a>) gained 4.7% to $135.30.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/07/39770776/over-18m-bet-on-this-tech-stock-check-out-these-4-stocks-insiders-are-buying">Over $18M Bet On This Tech Stock? Check Out These 4 Stocks Insiders Are Buying</a></li>
</ul>

Intraday Update

CLSK

COIN

FUFU

GDRX

HOOD

HUMA

INOD

MARA

MSTR

RIOT

STLD

TSLA

UPST

MicroStrategy, Coinbase, Robinhood, Tesla And Other Big Stocks Moving Higher On Monday

GEO Group shares are trading higher. Strength may be in response to the attempted assassination of Donald Trump.

Charlie Munger, late vice chairman of Berkshire Hathaway Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>)(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BRK#NYSE">BRK</a>), previously offered his candid views on immigration and national policies, emphasizing the need for more effective border control. Years later, immigration is a key topic in <a href="https://www.benzinga.com/topic/2024-election">the 2024 election. </a>
What Happened: During a 2019 interview, Munger commended the effectiveness of countries like Singapore, noting their strict yet <a href="https://www.benzinga.com/topic/immigration">efficient immigration policies.</a> He acknowledged the complexity of the issue, suggesting that while the U.S. should remain welcoming, it must also implement more rigorous controls to manage inflows effectively.
&#8220;I think we should have way more control over our borders than we do,&#8221; Munger <a href="https://finance.yahoo.com/news/influencers-transcript-charlie-munger-105001910.html">stated</a>, highlighting a pragmatic approach to immigration that balances openness with national interests.
Reflecting on the 2019 political landscape, Munger expressed concern that partisan divides are hindering rational policy-making. He pointed out that &#8220;Donald Trump is right on that,&#8221; referring to the former president&#8217;s stance on border control, and criticized the Democrats for opposing him out of sheer animosity.
&#8220;They hate him so much that they&#8217;re against him even when he&#8217;s right,&#8221; Munger said.
With both Donald Trump and Joe Biden putting increased emphasis on immigration and border control during the 2024 presidential race, <a href="https://www.benzinga.com/general/politics/24/06/39554227/prison-stocks-gain-after-presidential-debate-winners-regardless-of-trump-or-biden-in-office">prison stocks gained</a> after the first presidential debate.
A look at the 10-year chart for Geo Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEO#NYSE">GEO</a>) <a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071224&amp;t=be2bearmibe3na1">from Benzinga Pro</a> below shows the stock gaining into the 2016 election won by Trump before falling. A similar run-up is happening now ahead of the 2024 presidential election. 
<figure class="wp-block-image size-full"><a href="http://www.benzinga.com/pro/register/?utm_source=BZprocontent071224&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="997" height="505" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12170547/Screenshot-57.png" alt="" class="wp-image-434232" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12170547/Screenshot-57.png 997w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12170547/Screenshot-57-300x152.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/07/12170547/Screenshot-57-768x389.png 768w" sizes="(max-width: 997px) 100vw, 997px" /></a></figure>
Read Also: <a href="https://www.benzinga.com/markets/asia/24/07/39749479/charlie-munger-said-it-would-be-stark-raving-madness-for-us-and-china-not-to-become-better-and-bette">Charlie Munger Said It Would Be &#8216;Stark Raving Madness&#8217; For US And China Not To Become &#8216;Better And Better Friends&#8217;</a>
Why It&#8217;s Important: Munger&#8217;s perspective extends beyond immigration to a broader critique of the current political climate. 
He lamented the extreme partisanship that, in his view, blinds both parties to rational decision-making. 
&#8220;Both parties are so partisan now that they&#8217;re blinded by their anger,&#8221; Munger said, calling for a return to a more cooperative and less divisive political environment.
In essence, Munger advocates for a balanced and sensible approach to immigration and national policies, one that prioritizes national interests while remaining compassionate. His insights call for a depoliticized, pragmatic approach to policy-making that transcends partisan divides.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/education/24/07/39716106/common-sense-is-actually-uncommon-charlie-munger-said-standard-human-condition-is-ignorance-and">&#8216;Common Sense&#8217; Is Actually Uncommon: Charlie Munger Said &#8216;Standard Human Condition Is Ignorance And Stupidity&#8217;</a></li>
</ul>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image created using photos from Shutterstock.

Education

Politics

Charlie Munger Said Trump Was 'Right' On Need For Having 'Way More Control Over Our Borders': 'They Hate Him So Much That They're Against Him Even When He's Right'

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Index funds that follow popular benchmarks like the S&amp;P 500 and the Nasdaq Composite have delivered impressive returns for long-term investors. However, the Russell 2000 is a different story. To be fair, this index hasn&rsquo;t exactly lost money. It&rsquo;s up by 12% year-to-date due to a July rally bringing it up from breakeven. However, the 5-year gain of 43% falls behind the previously mentioned benchmarks.



However, the Russell 2000 still gets attention because some of the top-performing stocks come from that index. Many stocks start off in the Russell 2000 before joining the S&amp;P 500. However, a good portion of future gains are gone by the time a stock joins the S&amp;P 500 compared to its early days in the Russell 2000.



While hunting for treasuring in the Russell 2000 can be exciting, it&rsquo;s been underperforming benchmarks for a while. These three Russell 2000 stocks are part of the problem and can pose challenges for long-term investors.



<h2>BJ&rsquo;s Restaurants (BJRI)&nbsp;</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/10/bjri-stock-1-300x169.jpg" alt="An image of the entrance to a brick BJ's Restaurant and Brewhouse building with a green auning, wood door, bench, and brick walkway."><div>Source: David Tonelson / Shutterstock.com</div></div>BJ&rsquo;s Restaurants (NASDAQ:<a href="https://investorplace.com/stock-quotes/bjri-stock-quote/" target="_blank">BJRI</a>) is reeling from an earnings report that investors didn&rsquo;t like. The company <a href="https://s201.q4cdn.com/421727654/files/doc_news/BJs-Restaurants-Inc.-Reports-Fiscal-Second-Quarter-2024-Results-2024.pdf">reported 0.1% YOY revenue growth</a> in Q2 FY24 and a concerning 0.6% YOY decline in comparable restaurant sales. That decline indicates that BJ&rsquo;s is losing market share within its established locations. And while BJ&rsquo;s delivered high net income growth, low revenue growth rates can&rsquo;t be overlooked.



Greg Levin, CEO and President of BJ&rsquo;s Restaurants, mentioned softer sales in April before business picked up in May and June. The company has only opened one restaurant this year and intends to open two additional restaurants in the second half of the year. Those growth rates aren&rsquo;t impressive and don&rsquo;t suggest the stock will achieve a meaningful long-term rally.



Shares are down 11% year-to-date and 21% over the past five years. A <a href="https://www.tipranks.com/news/the-fly/bjs-restaurants-price-target-lowered-to-35-from-36-at-barclays" target="_blank">recent downgrade</a> of BJ&rsquo;s stock only adds more pressure on long-term investors. As such, I think it is one of the top Russell 2000 stocks to sell.



<h2>GEO Group (GEO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/geo-1600-300x169.png" alt="Operated by the for-profit prison company The GEO Group. GEO stock."><div>Source: JosephRouse / Shutterstock</div></div>GEO Group (NYSE:<a href="https://investorplace.com/stock-quotes/geo-stock-quote/" target="_blank">GEO</a>) designs, finances, develops and supports secure facilities, immigration processing centers, and community reentry centers. The company also invests in private prisons and mental health facilities worldwide. Shares are off to a good start with a 46% year-to-date gain. However, the stock is in the middle of a correction and is down by 5% over the past five years.



It&rsquo;s a volatile stock that moves sharply in either direction, but recent results aren&rsquo;t encouraging. GEO Group <a target="_blank" href="https://investors.geogroup.com/news-releases/news-release-details/geo-group-reports-first-quarter-2024-results">generated $605.7 million</a> in the first quarter of 2024, 0.4% lower than the previous quarter last year. Net income dropped to $22.7 million, 19.1% lower than YOY.



Declining revenue and net income are never good news for a stock, and GEO Group has been experiencing the same for several quarters. Shares trade at a 23 P/E ratio, but the forward P/E ratio doesn&rsquo;t look as promising, given recent challenges. So, I&rsquo;d definitely consider it when discussing Russell 2000 stocks to sell.



<h2>Lands End (LE)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/07/le_lands_end_1600-300x169.jpg" alt="The logo for Lands' End is displayed on a retail storefront."><div>Source: Ken Wolter / Shutterstock.com</div></div>Lands End (NASDAQ:<a href="https://investorplace.com/stock-quotes/le-stock-quote/" target="_blank">LE</a>) has been off to a good start. Shares of the American clothing and home decor retailer are up by 87% year-to-date. However, the stock is down almost 60% from its 5-year high. However, the company has been dealing with a revenue slide for several quarters.



That trend continued as the company posted a 7.8% YOY revenue decline in the <a target="_blank" href="https://investors.landsend.com/news-releases/news-release-details/lands-end-announces-first-quarter-2024-results">first quarter</a>. Global e-commerce sales dipped by 3.7% YOY, while net losses reached $6.44 million. That figure is worse than the $1.4 million net loss reported in the same quarter last year.



Third-party net revenue was a bright spot in the first quarter. That segment delivered 62.9% YOY revenue growth but makes up less than 15% of total sales. High growth in a small segment won&rsquo;t make much of a dent in overall results. Other segments were down YOY. Lands End looks overstretched at its current price point and appears to be due for a correction.



On the date of publication, Marc Guberti did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the&nbsp;InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines.</a>



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Marc Guberti is a finance freelance writer at InvestorPlace.com who hosts the Breakthrough Success Podcast. He has contributed to several publications, including the U.S. News &amp; World Report, Benzinga, and Joy Wallet.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/08/get-your-money-out-of-these-3-russell-2000-stocks-by-2025/">Get Your Money Out of These 3 Russell 2000 Stocks by 2025</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Get Your Money Out of These 3 Russell 2000 Stocks by 2025

GEO Group: Golden Opportunity Following The 32% Selloff

GEO Group Q2 2024 Earnings Preview

Here is the next potential market catalyst

GEO Group Non-GAAP EPS of $0.23 misses by $0.03, revenue of $607.2M in-line

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The U.S. presidential election is heating up. We&rsquo;re less than 100 days away from the big vote now. The decision by Democrats to swap President Joe Biden for Vice President Kamala Harris has shaken up the race and seemingly given the party momentum, at least judging from current polling. Markets have gotten rocky over the past month, likely in part due to the heightened uncertainty around the election. These are seven stocks to sell now that are at particularly high risk heading into election day.



<h2>Tesla (TSLA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/tsla1600-12-300x169.png" alt="Tesla (TSLA) sign on the building on car sales"><div>Source: Vitaliy Karimov / Shutterstock.com</div></div>Tesla (NASDAQ:<a href="https://investorplace.com/stock-quotes/tsla-stock-quote/">TSLA</a>) finds itself between a rock and a hard place. CEO Elon Musk has publicly aligned himself with the Trump campaign for 2024, and Musk frequently tweets political commentary which seemingly line up with a conservative point of view.



And yet, a potential second Trump Administration seems unlikely to return the favor. Trump has already threatened to end the so-called <a href="https://www.bloomberg.com/news/articles/2024-07-19/trump-vows-action-to-end-electric-vehicle-mandate-on-day-one">electric vehicle mandate</a>. And Trump&rsquo;s VP choice, Senator JD Vance, is also staunchly against EVs while calling for <a href="https://interestingengineering.com/culture/trump-jd-vance-gas-cars-over-evs">subsidies to gas-powered vehicles</a>.



Would a Harris term be much better for Tesla? Musk has already gone all-in politically with Trump and so it&rsquo;s easy to imagine a scenario where Tesla faces political and consumer backlash regardless of which party wins this fall. Since the future of TSLA is so uncertain now seems like a good time to add it to your list of stocks to sell.



<h2>Palantir (PLTR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/05/pltr1600-5-300x169.png" alt="In this photo illustration, the Palantir Technologies (PLTR) logo is displayed on a smartphone screen."><div>Source: rafapress / Shutterstock.com</div></div>Palantir (NYSE:<a href="https://investorplace.com/stock-quotes/pltr-stock-quote/">PLTR</a>) is a leading data analytics and consulting company. The secretive firm has long prized its connections to leading government intelligence and defense agencies.



That&rsquo;s where the political risk comes in. Palantir is reliant on those government contracts for a large chunk of its overall business, and any change at the White House could disrupt the company&rsquo;s current trajectory. Palantir founder Peter Thiel is also a highly controversial figure, politically speaking. This could <a href="https://www.opendemocracy.net/en/palantir-nhs-federated-data-platform-peter-thiel-data-privacy/">draw backlash</a> for PLTR both in the U.S. and with foreign governments.



PLTR stock recently popped on an <a href="https://finance.yahoo.com/news/palantir-raises-annual-revenue-forecast-200650771.html">upbeat earnings report</a> tied to its generative AI business. Traders should strongly consider locking in profits before that enthusiasm fades.



<h2>The GEO Group (GEO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/04/geo-1600-300x169.png" alt="Operated by the for-profit prison company The GEO Group. GEO stock."><div>Source: JosephRouse / Shutterstock</div></div>The GEO Group (NYSE:<a href="https://investorplace.com/stock-quotes/geo-stock-quote/">GEO</a>) is an operator of private prisons. In theory, this could be a highly profitable business. Government contracting to take care of tenants who literally can&rsquo;t leave a property, after all, makes for an intriguing economic opportunity.



On the other hand, there are many opponents of private prisons. Some politicians oppose the concept on principle. And others worry that attaching a profit motive to incarceration will lead to over policing of populations and <a href="https://www.nber.org/system/files/working_papers/w25715/revisions/w25715.rev0.pdf">longer jail sentences</a> for relatively minor crimes.



GEO stock ran up earlier this year as Trump&rsquo;s position in the polls was advancing. With the rebound on the Democratic side of the equation, however, GEO has started to slump. Harris formerly endorsed the concept of &ldquo;<a href="https://edition.cnn.com/2024/07/26/politics/video/kfile-defund-police-harris-campaign-election-kaczynski-lead-digvid">defunding the police</a>&rdquo; and GEO could find its finances seriously challenged in a potential Harris administration. With the presidential race up in the air GEO seems to risky to hold onto at the moment which is why I see it as one of the stocks to sell.



<h2>Sunrun (RUN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/04/run1600-300x169.png" alt="Person holding cellphone with logo of U.S. solar energy company Sunrun Inc. (RUN) on screen in front of business webpage. Focus on phone display."><div>Source: T. Schneider / Shutterstock.com</div></div>Sunrun (NASDAQ:<a href="https://investorplace.com/stock-quotes/run-stock-quote/">RUN</a>) is a solar technology company. It offers a broad product line-up, delivering both solar power generation and storage solutions through direct-to-consumer channels and third-party affiliates.



Years ago, RUN stock used to trade at a lofty valuation. It seemed like an obvious winner amid the government&rsquo;s subsidy program for domestic solar power. As the total market grew, analysts expected Sunrun to enjoy a healthy piece of a larger pie.



However, subsidies are starting to run out, and the government has&nbsp;<a href="https://seekingalpha.com/news/4044820-sunnova-energy-sinks-as-congress-seeks-history-of-predatory-sales-practices">launched inquiries</a>&nbsp;into the solar rooftop installers specifically. Now, Sunrun&rsquo;s investors must face a grim reality. The company has huge operating losses and a shaky balance sheet. Sunrun lost almost $2 billion from operations over the past 12 months.



A potential Trump administration could be the final blow for the already struggling U.S. rooftop solar industry. Investors should consider RUN one of the stocks to sell before it&rsquo;s too late.



<h2>Insteel Industries (IIIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/steel1600c-300x169.jpg" alt="Steel stocks: rods, bars and other forms of steel"><div>Source: Shutterstock</div></div>Insteel Industries (NYSE:<a href="https://investorplace.com/stock-quotes/iiin-stock-quote/">IIIN</a>) produces and sells steel wire reinforcing products for concrete construction applications. Think of applications such as bridges, parking garages and commercial buildings.



Insteel was a winner from the Biden Administration&rsquo;s infrastructure spending. That huge infrastructure investment funded countless highway, bridges, renewable energy and other such projects which use a great deal of reinforced concrete.



There&rsquo;s no guarantee the government&rsquo;s enhanced funding for infrastructure will continue once Biden leaves office. In addition, the economic slowdown should limit commercial demand for reinforced steel. With IIIN stock trading at an estimated <a href="https://seekingalpha.com/symbol/IIIN/earnings/estimates">29 times</a> this year&rsquo;s earnings, there is little margin for error.



<h2>Coinbase (COIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/02/coin-eth1600-300x169.png" alt="Coinbase (COIN), is an American company that operates a cryptocurrency exchange platform. Ethereum (ETH-USD) coin on the background of the Coinbase inscription."><div>Source: Sergei Elagin / Shutterstock.com</div></div>Coinbase (NASDAQ:<a href="https://investorplace.com/stock-quotes/coin-stock-quote/">COIN</a>) is a leading cryptocurrency brokerage. Shares have blasted off over the past year thanks to renewed enthusiasm in the cryptocurrency market.



I&rsquo;m a long-term skeptic on Coinbase due to its relatively high transaction fees. Over time, I expect profit margins to be competed down as traditional brokerages expand trading services. And, with the emergence of low-cost <a href="https://investorplace.com/2024/03/bitcoin-etfs-101-everything-newbie-crypto-investors-need-to-know/">cryptocurrency exchange-traded-funds </a>(ETFs) which reduce the need for trading crypto assets directly.



There&rsquo;s also political risk here. Cryptocurrency remains a financial frontier with a relatively uncertain regulatory environment. Trump has seemingly signaled more openness toward crypto this election cycle. However, Harris is viewed as having a &ldquo;<a href="https://www.foxbusiness.com/politics/ro-khanna-hosts-key-meeting-help-harris-repair-crypto-relations">fraught</a>&rdquo; relationship with the crypto industry and backed out of a recent planned meeting with crypto industry members.



The Biden Administration has established a reputation for cracking down on digital assets. COIN stock had already baked in a Trump win this November and could be in for a surprise if the political winds shift. Depending on which way polling trends COIN could easily become one of the stocks to sell.



<h2>Warrior Met Coal (HCC)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/11/coal1600c-300x169.jpg" alt="An image of heaps of coal"><div>Source: Shutterstock</div></div>Warrior Met Coal (NYSE:<a href="https://investorplace.com/stock-quotes/hcc-stock-quote/">HCC</a>) is an Alabama-based company which produces and exports non-thermal steelmaking metallurgical coal for the steel production by metal manufacturers in Europe, South America and Asia.&nbsp;



The political case here is apparent. HCC stock has surged over the past year pricing in the odds of a Trump presidency. Indeed, HCC stock is up close to 50% over the past 12 months.



Now that Trump&rsquo;s surge in the polls has started to fade, HCC stock could be in for a rough surprise. Additionally, the rapid slowdown in the global economy could significantly reduce demand for steel, thus hitting Warrior Met&rsquo;s revenues and profit margins.



On the date of publication, Ian Bezek did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com <a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/">Publishing Guidelines</a>.



On the date of publication, the responsible editor did not have (either directly or indirectly) any positions in the securities mentioned in this article.
<div>Ian Bezek has written more than 1,000 articles for InvestorPlace.com and Seeking Alpha. He also worked as a Junior Analyst for Kerrisdale Capital, a $300 million New York City-based hedge fund. You can reach him on Twitter at @irbezek.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/08/get-your-money-out-of-these-7-politically-risky-stocks-before-november/">Get Your Money Out of These 7 Politically Risky Stocks Before November!</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Get Your Money Out of These 7 Politically Risky Stocks Before November!

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
GEO Group (NYSE:<a href="https://investorplace.com/stock-quotes/geo-stock-quote/">GEO</a>) just reported results for the second quarter of 2024.<ul><li>GEO Group reported earnings per share of 23 cents. This was above the analyst estimate for EPS of 14 cents.</li><li>The company reported revenue of $607.19 million.</li><li>This was 0.07% better than the analyst estimate for revenue of $606.77 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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									</ul>The post <a href="https://investorplace.com/earning-results/2024/08/geo-stock-earnings-geo-group-for-q2-of-2024/">GEO Stock Earnings: GEO Group Beats EPS, Beats Revenue for Q2 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

GEO Stock Earnings: GEO Group Beats EPS, Beats Revenue for Q2 2024

The GEO Group, Inc. (GEO) Q2 2024 Earnings Call Transcript

Geo Group (GEO) just unveiled an announcement. The GEO Group, Inc. is set to intrigue investors and analysts with a new slide presentation from Aug...

Geo Group Offers Insightful Glimpse with August Presentation

My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys

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Press Releases

The GEO Group Enters Into Private Exchange Agreements With Certain 6.50% Convertible Senior Noteholders

The GEO Group Closes Senior Notes Offering and New Term Loan

The GEO Group Announces Date for First Quarter 2024 Earnings Release and Conference Call

The GEO Group Reports First Quarter 2024 Results

The GEO Group Announces Funding Extension for Adelanto ICE Processing Center Contract

The GEO Group Announces Appointment of Chief Financial Officer

The GEO Group Announces Discontinuation of Lawton Correctional and Rehabilitation Facility Contract in Oklahoma

The GEO Group Announces Date for Second Quarter 2024 Earnings Release and Conference Call

The GEO Group Announces Extension of Exchange Offer

The GEO Group Reports Second Quarter 2024 Results

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GEO Group

GEO Group (GEO) Forecast

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