The Geo Group (NYSE:GEO) has entered a joint venture to manage the North Florida Detention Facility in Baker County, a 1,310-bed facility. This marks an expansion of GEO’s presence in the region and adds to its managed capacity in the southeastern U.S. GEO’s third-quarter earnings report is scheduled for release on November 6, 2025, and the new contract could be a key talking point. GEO, a Florida-based correctional services company, manages prisons, detention centers, and reentry programs across the U.S. and internationally. Formerly a REIT, GEO converted to a C-corporation in 2022. While GEO shows investment potential, we believe certain AI stocks offer greater upside potential and less downside risk. For an undervalued AI stock with potential benefits from Trump-era tariffs and onshoring trend, see our report on the best short-term AI stock.

Read more at Yahoo Finance: GEO Expands Southeast Footprint with New Florida Detention Contract