Gulfport Energy Corporation (NASDAQ:GPOR) received a $18.00 target price from research analysts at Williams Capital in a note issued to investors on Monday. The brokerage currently has a “buy” rating on the oil and gas producer’s stock. Williams Capital’s price target points to a potential upside of 32.65% from the company’s current price.

A number of other brokerages also recently commented on GPOR. Zacks Investment Research upgraded shares of Gulfport Energy Corporation from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Wednesday, October 4th. KeyCorp set a $18.00 target price on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a research note on Thursday. Morgan Stanley boosted their target price on shares of Gulfport Energy Corporation from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 18th. Piper Jaffray Companies reiterated an “overweight” rating and set a $21.00 target price (down previously from $22.00) on shares of Gulfport Energy Corporation in a research note on Tuesday, August 22nd. Finally, BidaskClub upgraded shares of Gulfport Energy Corporation from a “sell” rating to a “hold” rating in a research note on Saturday, August 12th. One 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’s stock. The stock currently has an average rating of “Buy” and an average price target of $23.13.

Shares of Gulfport Energy Corporation (NASDAQ GPOR) traded down 1.09% during mid-day trading on Monday, reaching $13.57. The company’s stock had a trading volume of 2,184,998 shares. The stock has a 50 day moving average of $13.88 and a 200-day moving average of $14.15. Gulfport Energy Corporation has a one year low of $10.90 and a one year high of $29.92. The stock’s market cap is $2.48 billion.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its quarterly earnings data on Tuesday, August 8th. The oil and gas producer reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.25 by $0.08. The business had revenue of $323.90 million for the quarter, compared to analyst estimates 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 revenue was up 1052.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 earnings per share. On average, equities research analysts expect that Gulfport Energy Corporation will post $1.39 EPS for the current fiscal year.

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Several hedge funds have recently added to or reduced their stakes in the company. Personal Capital Advisors Corp grew its position in shares of Gulfport Energy Corporation by 33.1% in the third quarter. Personal Capital Advisors Corp now owns 128,171 shares of the oil and gas producer’s stock valued at $1,838,000 after purchasing an additional 31,896 shares during the last quarter. Fox Run Management L.L.C. acquired a new stake in shares of Gulfport Energy Corporation in the third quarter valued at approximately $627,000. Oxbow Advisors LLC acquired a new stake in shares of Gulfport Energy Corporation in the third quarter valued at approximately $215,000. Mutual of America Capital Management LLC grew its position in shares of Gulfport Energy Corporation by 8.0% in the third quarter. Mutual of America Capital Management LLC now owns 384,504 shares of the oil and gas producer’s stock valued at $5,514,000 after purchasing an additional 28,476 shares during the last quarter. Finally, Fondren Management LP acquired a new stake in shares of Gulfport Energy Corporation in the second quarter valued at approximately $295,000. 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.

Analyst Recommendations for Gulfport Energy Corporation (NASDAQ:GPOR)

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