Shares of Gulfport Energy Corporation (NASDAQ:GPOR) have been given a consensus recommendation of “Buy” by the twenty-nine analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and twenty have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $26.38.

A number of equities analysts recently issued reports on GPOR shares. KLR Group reissued a “buy” rating and issued a $22.00 price objective (down previously from $23.00) on shares of Gulfport Energy Corporation in a report on Wednesday, May 17th. ValuEngine downgraded shares of Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Williams Capital set a $21.00 price objective on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a report on Monday, July 31st. Jefferies Group LLC reissued a “buy” rating and issued a $20.00 price objective on shares of Gulfport Energy Corporation in a report on Wednesday, May 17th. Finally, Barclays PLC reissued an “overweight” rating and issued a $28.00 price objective (down previously from $30.00) on shares of Gulfport Energy Corporation in a report on Saturday, April 22nd.

Shares of Gulfport Energy Corporation (GPOR) opened at 11.23 on Tuesday. The company’s market cap is $2.05 billion. Gulfport Energy Corporation has a 52-week low of $11.19 and a 52-week high of $30.47. The stock has a 50 day moving average of $13.75 and a 200 day moving average of $16.43.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings data on Monday, May 8th. The oil and gas producer reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.18 by $0.14. The business had revenue of $333 million during the quarter, compared to analysts’ expectations of $224.93 million. The business’s quarterly revenue was up 112.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.14 EPS. On average, equities research analysts expect that Gulfport Energy Corporation will post $1.29 EPS for the current year.

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Large investors have recently made changes to their positions in the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of Gulfport Energy Corporation by 1.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 23,201 shares of the oil and gas producer’s stock valued at $399,000 after buying an additional 334 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Gulfport Energy Corporation by 1.2% in the first quarter. Envestnet Asset Management Inc. now owns 37,541 shares of the oil and gas producer’s stock valued at $646,000 after buying an additional 453 shares in the last quarter. Teacher Retirement System of Texas boosted its stake in shares of Gulfport Energy Corporation by 4.2% in the second quarter. Teacher Retirement System of Texas now owns 12,869 shares of the oil and gas producer’s stock valued at $190,000 after buying an additional 520 shares in the last quarter. Comerica Bank boosted its stake in shares of Gulfport Energy Corporation by 0.3% in the second quarter. Comerica Bank now owns 209,326 shares of the oil and gas producer’s stock valued at $2,698,000 after buying an additional 720 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC boosted its stake in shares of Gulfport Energy Corporation by 2.8% in the first quarter. Northwestern Mutual Investment Management Company LLC now owns 27,372 shares of the oil and gas producer’s stock valued at $471,000 after buying an additional 756 shares in the last quarter. Institutional investors own 88.47% of the company’s stock.

Gulfport Energy Corporation Company Profile

Gulfport Energy Corporation is an oil and natural gas exploration and production company. The Company focuses on the exploitation and acquisition of natural gas, natural gas liquids and crude oil in the United States. The Company’s properties are located in the Utica Shale in Eastern Ohio and along the Louisiana Gulf Coast in the West Cote Blanche Bay (WCBB) and Hackberry fields.

Analyst Recommendations for Gulfport Energy Corporation (NASDAQ:GPOR)

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