Gulfport Energy Corp. (NASDAQ:GPOR) – Equities researchers at KeyCorp reduced their Q4 2017 EPS estimates for shares of Gulfport Energy Corp. in a research note issued on Tuesday. KeyCorp analyst D. Deckelbaum now forecasts that the firm will post earnings of $0.45 per share for the quarter, down from their previous forecast of $0.46. KeyCorp has a “Overweight” rating and a $35.00 price objective on the stock. KeyCorp also issued estimates for Gulfport Energy Corp.’s Q1 2018 earnings at $0.67 EPS and FY2018 earnings at $2.90 EPS.

A number of other equities analysts have also weighed in on GPOR. KLR Group upgraded shares of Gulfport Energy Corp. from an “accumulate” rating to a “buy” rating and decreased their price objective for the stock from $39.00 to $37.00 in a report on Friday, August 5th. Barclays PLC boosted their price objective on shares of Gulfport Energy Corp. from $33.00 to $37.00 and gave the stock an “overweight” rating in a report on Friday, August 5th. Morgan Stanley restated a “hold” rating and issued a $40.00 price objective on shares of Gulfport Energy Corp. in a report on Friday, August 5th. Jefferies Group upgraded shares of Gulfport Energy Corp. from an “underperform” rating to a “hold” rating in a research note on Friday, August 19th. Finally, Williams Capital began coverage on shares of Gulfport Energy Corp. in a research note on Monday, August 29th. They set a “buy” rating and a $36.00 target price for the company. Ten investment analysts have rated the stock with a hold rating and twenty-three have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $34.54.

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

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Shares of Gulfport Energy Corp. (NASDAQ:GPOR) opened at 25.72 on Thursday. The company has a 50 day moving average price of $25.79 and a 200-day moving average price of $28.55. Gulfport Energy Corp. has a 12 month low of $20.21 and a 12 month high of $34.67. The stock’s market cap is $3.23 billion.

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

A number of hedge funds have recently bought and sold shares of the company. Ashburton Jersey Ltd purchased a new stake in Gulfport Energy Corp. during the third quarter worth $664,000. Scout Investments Inc. raised its stake in Gulfport Energy Corp. by 26.4% in the third quarter. Scout Investments Inc. now owns 577,036 shares of the company’s stock worth $16,301,000 after buying an additional 120,570 shares during the period. LPL Financial LLC raised its stake in Gulfport Energy Corp. by 4.2% in the third quarter. LPL Financial LLC now owns 18,284 shares of the company’s stock worth $511,000 after buying an additional 742 shares during the period. Ameritas Investment Partners Inc. raised its stake in Gulfport Energy Corp. by 93.0% in the third quarter. Ameritas Investment Partners Inc. now owns 38,243 shares of the company’s stock worth $1,080,000 after buying an additional 18,425 shares during the period. Finally, Energy Opportunities Capital Management LLC raised its stake in Gulfport Energy Corp. by 439.2% in the third quarter. Energy Opportunities Capital Management LLC now owns 255,735 shares of the company’s stock worth $7,225,000 after buying an additional 208,310 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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