Gulfport Energy Corp. (NASDAQ:GPOR) – Stock analysts at Capital One Financial Corp. boosted their Q4 2016 EPS estimates for shares of Gulfport Energy Corp. in a report released on Monday. Capital One Financial Corp. analyst B. Velie now anticipates that the firm will post earnings of $0.23 per share for the quarter, up from their previous estimate of $0.22.

Gulfport Energy Corp. (NASDAQ:GPOR) last posted its quarterly earnings results on Wednesday, August 3rd. The company reported $0.24 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.11. Gulfport Energy Corp. had a positive return on equity of 1.61% and a negative net margin of 216.29%.

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

A number of other analysts have also recently weighed in on GPOR. Jefferies Group restated a “buy” rating and issued a $35.00 price target on shares of Gulfport Energy Corp. in a research note on Wednesday. KLR Group upgraded Gulfport Energy Corp. from an “accumulate” rating to a “buy” rating and cut their target price for the stock from $39.00 to $37.00 in a research report on Friday, August 5th. Williams Capital initiated coverage on Gulfport Energy Corp. in a research report on Monday, August 29th. They set a “buy” rating and a $36.00 target price on the stock. Zacks Investment Research cut Gulfport Energy Corp. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 7th. Finally, Wolfe Research initiated coverage on Gulfport Energy Corp. in a research report on Tuesday, July 26th. They set a “peer perform” rating on the stock. Eight analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $35.15.

Shares of Gulfport Energy Corp. (NASDAQ:GPOR) opened at 27.51 on Tuesday. Gulfport Energy Corp. has a 1-year low of $20.21 and a 1-year high of $34.67. The stock’s market cap is $3.45 billion. The firm’s 50-day moving average price is $28.44 and its 200 day moving average price is $29.37.

A number of hedge funds have recently made changes to their positions in GPOR. IndexIQ Advisors LLC increased its stake in shares of Gulfport Energy Corp. by 7.5% in the second quarter. IndexIQ Advisors LLC now owns 4,901 shares of the company’s stock valued at $153,000 after buying an additional 344 shares in the last quarter. Genesee Valley Trust Co. bought a new stake in shares of Gulfport Energy Corp. during the second quarter valued at about $209,000. Seven Bridges Advisors LLC bought a new stake in shares of Gulfport Energy Corp. during the second quarter valued at about $221,000. LS Investment Advisors LLC increased its stake in shares of Gulfport Energy Corp. by 77.6% in the second quarter. LS Investment Advisors LLC now owns 7,556 shares of the company’s stock valued at $236,000 after buying an additional 3,301 shares in the last quarter. Finally, Connable Office Inc. bought a new stake in shares of Gulfport Energy Corp. during the second quarter valued at about $244,000.

Gulfport Energy Corp. Company Profile

Gulfport Energy Corporation (Gulfport) is an independent oil and natural gas exploration and production company focused on the exploration, exploitation, acquisition and production of natural gas, natural gas liquids and crude oil in the United States. The Company has an oil and natural gas portfolio of proved reserves, as well as development and exploratory drilling opportunities on conventional and unconventional oil and natural gas prospects.

5 Day Chart for NASDAQ:GPOR

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