Gulfport Energy Corporation (NASDAQ:GPOR) – Research analysts at Imperial Capital decreased their Q3 2017 earnings per share estimates for shares of Gulfport Energy Corporation in a note issued to investors on Wednesday. Imperial Capital analyst J. Wangler now forecasts that the oil and gas producer will post earnings per share of $0.29 for the quarter, down from their prior estimate of $0.30. Imperial Capital currently has a “Outperform” rating and a $19.00 target price on the stock. Imperial Capital also issued estimates for Gulfport Energy Corporation’s Q4 2017 earnings at $0.36 EPS, FY2017 earnings at $1.30 EPS and FY2018 earnings at $1.34 EPS.

Several other research analysts also recently weighed in on the company. Jefferies Group LLC restated a “buy” rating and set a $18.00 target price on shares of Gulfport Energy Corporation in a research note on Thursday. Zacks Investment Research upgraded Gulfport Energy Corporation from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research note on Wednesday. Scotiabank restated a “buy” rating and set a $23.00 target price on shares of Gulfport Energy Corporation in a research note on Monday. Mizuho restated a “buy” rating and set a $23.00 target price on shares of Gulfport Energy Corporation in a research note on Wednesday, October 4th. Finally, KeyCorp restated a “buy” rating and set a $18.00 target price on shares of Gulfport Energy Corporation in a research note on Tuesday, September 19th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-one have given a buy rating to the company. Gulfport Energy Corporation has a consensus rating of “Buy” and an average price target of $23.73.

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Gulfport Energy Corporation (GPOR) opened at 14.70 on Thursday. The company’s market capitalization is $2.69 billion. The stock’s 50 day moving average price is $13.49 and its 200-day moving average price is $14.27. Gulfport Energy Corporation has a one year low of $10.90 and a one year high of $30.47.

Gulfport Energy Corporation (NASDAQ:GPOR) last announced its quarterly earnings results on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share (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 the consensus estimate 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 period in the prior year, the company posted $0.24 earnings per share.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Fondren Management LP acquired a new stake in shares of Gulfport Energy Corporation in the second quarter valued at $295,000. Energy Opportunities Capital Management LLC raised its stake in shares of Gulfport Energy Corporation by 0.9% in the second quarter. Energy Opportunities Capital Management LLC now owns 251,230 shares of the oil and gas producer’s stock valued at $3,706,000 after acquiring an additional 2,250 shares in the last quarter. Sterling Capital Management LLC acquired a new stake in shares of Gulfport Energy Corporation in the second quarter valued at $2,519,000. Wafra Investment Advisory Group Inc. NY raised its stake in shares of Gulfport Energy Corporation by 1.9% in the second quarter. Wafra Investment Advisory Group Inc. NY now owns 904,076 shares of the oil and gas producer’s stock valued at $13,335,000 after acquiring an additional 17,082 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Gulfport Energy Corporation by 1.9% in the second quarter. The Manufacturers Life Insurance Company now owns 234,703 shares of the oil and gas producer’s stock valued at $3,462,000 after acquiring an additional 4,386 shares in the last quarter. Institutional investors and hedge funds own 86.65% 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.

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

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