The GEO Group (GEO): Lawmakers Mention Firm in Letter to Homeland

The GEO Group, Inc. (NYSE:GEO) is one of the Stocks That Could Mint Millionaires in 2026.

The GEO Group, Inc. (NYSE:GEO) was recently mentioned in a letter sent earlier this week to the inspectors general for the Department of Homeland Security and the Department of Defense by a group of Democrats led by Massachusetts Senator Elizabeth Warren and Maryland Representative Jamie Raskin, with the lawmakers expressing concern that immigration contractors were potentially receiving lucrative, no-bid contracts because of their proximity to Trump administration officials.

In early November, the firm announced earnings for the third quarter, reporting earnings per share of $0.25, beating estimates by $0.02. The revenue over the period was $682.34 million, up 13.1% year-on-year and beating expectations by $16.53 million.

The GEO Group, Inc. (NYSE:GEO) owns, leases, operates, and manages secure facilities, processing centers, and community-based reentry facilities in the United States, Australia, the United Kingdom, and South Africa.

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