Gulfport Energy Corporation (NASDAQ:GPOR) – Equities research analysts at Capital One Financial Corporation boosted their Q4 2017 earnings estimates for Gulfport Energy Corporation in a research note issued to investors on Wednesday. Capital One Financial Corporation analyst B. Velie now expects that the oil and gas producer will post earnings of $0.45 per share for the quarter, up from their prior forecast of $0.44.

Several other research firms have also commented on GPOR. Zacks Investment Research raised shares of Gulfport Energy Corporation from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research report on Wednesday. Piper Jaffray Companies reaffirmed an “overweight” rating and set a $21.00 price target (down previously from $22.00) on shares of Gulfport Energy Corporation in a research report on Tuesday, August 22nd. BidaskClub raised shares of Gulfport Energy Corporation from a “sell” rating to a “hold” rating in a research report on Saturday, August 12th. Williams Capital set a $21.00 price target on shares of Gulfport Energy Corporation and gave the company a “buy” rating in a research report on Monday, July 31st. Finally, Imperial Capital started coverage on shares of Gulfport Energy Corporation in a report on Tuesday, September 19th. They issued an “outperform” rating and a $19.00 target price for the company. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-two have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $24.09.

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Gulfport Energy Corporation (NASDAQ GPOR) opened at 14.77 on Friday. Gulfport Energy Corporation has a 1-year low of $10.90 and a 1-year high of $30.47. The stock’s 50 day moving average price is $13.19 and its 200-day moving average price is $14.33. The company’s market cap is $2.70 billion.

Gulfport Energy Corporation (NASDAQ:GPOR) last released its earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.08. The firm had revenue of $323.90 million for the quarter, compared to analysts’ expectations of $279.59 million. Gulfport Energy Corporation had a positive return on equity of 7.42% and a negative net margin of 15.02%. The company’s quarterly revenue was up 1052.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.24 earnings per share.

Several hedge funds have recently modified their holdings of GPOR. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Gulfport Energy Corporation by 11.8% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,756 shares of the oil and gas producer’s stock worth $100,000 after purchasing an additional 712 shares in the last quarter. Riverhead Capital Management LLC grew its stake in shares of Gulfport Energy Corporation by 76.9% during the second quarter. Riverhead Capital Management LLC now owns 9,553 shares of the oil and gas producer’s stock worth $141,000 after purchasing an additional 4,153 shares in the last quarter. World Asset Management Inc acquired a new position in shares of Gulfport Energy Corporation during the second quarter worth $150,000. LS Investment Advisors LLC grew its stake in shares of Gulfport Energy Corporation by 25.1% during the second quarter. LS Investment Advisors LLC now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after purchasing an additional 2,584 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its stake in shares of Gulfport Energy Corporation by 4.2% during the second quarter. Teacher Retirement System of Texas now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after purchasing an additional 520 shares in the last quarter. Hedge funds and other institutional investors own 86.65% of the company’s stock.

About Gulfport Energy Corporation

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.

Earnings History and Estimates for Gulfport Energy Corporation (NASDAQ:GPOR)

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