Gulfport Energy Corporation (NASDAQ:GPOR) – Research analysts at KeyCorp upped their FY2017 earnings per share estimates for Gulfport Energy Corporation in a research report issued to clients and investors on Tuesday. KeyCorp analyst D. Deckelbaum now anticipates that the oil and gas producer will post earnings per share of $1.51 for the year, up from their previous forecast of $1.39. KeyCorp currently has a “Buy” rating and a $18.00 target price on the stock. KeyCorp also issued estimates for Gulfport Energy Corporation’s Q4 2017 earnings at $0.54 EPS.

Gulfport Energy Corporation (NASDAQ:GPOR) last released its quarterly earnings results on Wednesday, November 1st. The oil and gas producer reported $0.32 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.35 by ($0.03). Gulfport Energy Corporation had a return on equity of 7.99% and a net margin of 3.88%. The company had revenue of $265.50 million during the quarter, compared to the consensus estimate of $302.33 million. During the same period in the previous year, the firm posted $0.16 earnings per share. The company’s revenue was up 37.1% on a year-over-year basis.

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Several other brokerages also recently weighed in on GPOR. 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, October 11th. Jefferies Group LLC reiterated a “buy” rating and set a $18.00 price target on shares of Gulfport Energy Corporation in a research note on Thursday, October 12th. Mizuho reiterated a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Wednesday, October 4th. Scotiabank reiterated a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research note on Monday, October 9th. Finally, Morgan Stanley upped their target price on Gulfport Energy Corporation from $12.00 to $13.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 18th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and nineteen have given a buy rating to the company. Gulfport Energy Corporation currently has a consensus rating of “Buy” and a consensus price target of $22.30.

Gulfport Energy Corporation (GPOR) opened at $12.57 on Thursday. Gulfport Energy Corporation has a one year low of $10.90 and a one year high of $29.92. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. The firm has a market capitalization of $2,270.21, a price-to-earnings ratio of 9.47, a P/E/G ratio of 0.30 and a beta of 0.69.

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Gulfport Energy Corporation by 6.3% during the second quarter. Vanguard Group Inc. now owns 13,274,246 shares of the oil and gas producer’s stock worth $195,796,000 after purchasing an additional 786,991 shares in the last quarter. Boston Partners increased its position in shares of Gulfport Energy Corporation by 3.8% during the second quarter. Boston Partners now owns 12,524,347 shares of the oil and gas producer’s stock worth $184,734,000 after purchasing an additional 460,406 shares in the last quarter. State Street Corp increased its position in shares of Gulfport Energy Corporation by 15.1% during the second quarter. State Street Corp now owns 7,443,039 shares of the oil and gas producer’s stock worth $109,780,000 after purchasing an additional 979,127 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Gulfport Energy Corporation by 22.6% during the third quarter. Janus Henderson Group PLC now owns 6,467,222 shares of the oil and gas producer’s stock worth $92,740,000 after purchasing an additional 1,193,723 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Gulfport Energy Corporation by 57.7% during the third quarter. Dimensional Fund Advisors LP now owns 5,141,604 shares of the oil and gas producer’s stock worth $73,731,000 after purchasing an additional 1,881,196 shares in the last quarter. Institutional investors own 85.74% 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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