Gulfport Energy Corp. (NASDAQ:GPOR) – Equities researchers at KeyCorp issued their Q2 2018 earnings per share (EPS) estimates for Gulfport Energy Corp. in a report released on Tuesday. KeyCorp analyst D. Deckelbaum anticipates that the brokerage will earn $0.62 per share for the quarter. KeyCorp currently has a “Overweight” rating and a $35.00 target price on the stock. KeyCorp also issued estimates for Gulfport Energy Corp.’s Q3 2018 earnings at $0.69 EPS.

Gulfport Energy Corp. (NASDAQ:GPOR) last posted its quarterly earnings results on Wednesday, November 2nd. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.06. The business earned $193.70 million during the quarter, compared to the consensus estimate of $170.57 million. Gulfport Energy Corp. had a negative net margin of 216.29% and a positive return on equity of 3.30%. The firm’s revenue for the quarter was down 16.0% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.08) earnings per share.

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

Other analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Gulfport Energy Corp. from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research note on Tuesday, October 11th. Goldman Sachs Group Inc. raised shares of Gulfport Energy Corp. from a “neutral” rating to a “buy” rating and set a $35.00 price objective for the company in a research note on Tuesday, October 18th. Barclays PLC increased their price objective on shares of Gulfport Energy Corp. from $33.00 to $37.00 and gave the stock an “overweight” rating in a research note on Friday, August 5th. KLR Group raised shares of Gulfport Energy Corp. from an “accumulate” rating to a “buy” rating and reduced their price objective for the stock from $39.00 to $37.00 in a research note on Friday, August 5th. Finally, Morgan Stanley reissued a “hold” rating and issued a $40.00 price objective on shares of Gulfport Energy Corp. in a research note on Friday, August 5th. Ten analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $34.54.

Gulfport Energy Corp. (NASDAQ:GPOR) traded down 0.85% during mid-day trading on Wednesday, reaching $25.81. 890,041 shares of the company’s stock traded hands. The stock’s market capitalization is $3.24 billion. Gulfport Energy Corp. has a 12-month low of $20.21 and a 12-month high of $34.67. The stock has a 50-day moving average price of $25.96 and a 200-day moving average price of $28.57.

A number of hedge funds have recently added to or reduced their stakes in GPOR. PNC Financial Services Group Inc. boosted its stake in Gulfport Energy Corp. by 0.8% in the third quarter. PNC Financial Services Group Inc. now owns 17,960 shares of the company’s stock worth $508,000 after buying an additional 140 shares during the period. State Treasurer State of Michigan boosted its stake in Gulfport Energy Corp. by 0.4% in the third quarter. State Treasurer State of Michigan now owns 50,500 shares of the company’s stock worth $1,427,000 after buying an additional 200 shares during the period. Advisor Group Inc. boosted its stake in Gulfport Energy Corp. by 1.0% in the third quarter. Advisor Group Inc. now owns 20,785 shares of the company’s stock worth $587,000 after buying an additional 205 shares during the period. IndexIQ Advisors LLC boosted its stake in Gulfport Energy Corp. by 5.9% in the third quarter. IndexIQ Advisors LLC now owns 5,190 shares of the company’s stock worth $147,000 after buying an additional 289 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in Gulfport Energy Corp. by 2.6% in the second quarter. Massachusetts Financial Services Co. MA now owns 11,834 shares of the company’s stock worth $370,000 after buying an additional 299 shares during the period.

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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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