Gulfport Energy Corporation (NASDAQ:GPOR) – Jefferies Group issued their FY2019 earnings per share (EPS) estimates for Gulfport Energy Corporation in a report released on Monday. Jefferies Group analyst Z. Parham anticipates that the oil and gas producer will post earnings of $1.63 per share for the year. Jefferies Group currently has a “Buy” rating and a $20.00 price target on the stock.

GPOR has been the subject of several other research reports. Pacific Crest restated an “overweight” rating and set a $28.00 price target on shares of Gulfport Energy Corporation in a research note on Wednesday, June 21st. Mizuho restated a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Wednesday, October 4th. Williams Capital set a $21.00 price target on Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Monday, July 31st. Scotiabank restated a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Monday. Finally, Piper Jaffray Companies restated an “overweight” rating on shares of Gulfport Energy Corporation in a research note on Wednesday, June 21st. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have assigned a buy rating to the company. Gulfport Energy Corporation currently has a consensus rating of “Buy” and an average target price of $23.82.

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Gulfport Energy Corporation (NASDAQ:GPOR) traded down 0.508% during trading on Wednesday, reaching $14.675. 1,091,296 shares of the company’s stock were exchanged. The stock’s market capitalization is $2.68 billion. Gulfport Energy Corporation has a 52 week low of $10.90 and a 52 week high of $30.47. The stock has a 50-day moving average of $13.41 and a 200-day moving average of $14.27.

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

Several institutional investors and hedge funds have recently bought and sold shares of GPOR. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Gulfport Energy Corporation by 54.9% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,044 shares of the oil and gas producer’s stock valued at $104,000 after acquiring an additional 2,143 shares during the last quarter. Karp Capital Management Corp acquired a new stake in shares of Gulfport Energy Corporation during the first quarter valued at $692,000. Envestnet Asset Management Inc. boosted its stake in shares of Gulfport Energy Corporation by 1.2% during 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 acquiring an additional 453 shares during the last quarter. Prudential Financial Inc. boosted its stake in shares of Gulfport Energy Corporation by 555.6% during the first quarter. Prudential Financial Inc. now owns 567,164 shares of the oil and gas producer’s stock valued at $9,750,000 after acquiring an additional 480,651 shares during the last quarter. Finally, Arizona State Retirement System boosted its stake in shares of Gulfport Energy Corporation by 88.9% during the first quarter. Arizona State Retirement System now owns 66,100 shares of the oil and gas producer’s stock valued at $1,136,000 after acquiring an additional 31,117 shares during the last quarter. 86.65% of the stock is currently owned by institutional investors and hedge funds.

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.

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

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