Gulfport Energy Corp. (NASDAQ:GPOR) has earned an average rating of “Buy” from the thirty-four research firms that are presently covering the stock. Ten analysts have rated the stock with a hold rating and twenty-three have assigned a buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $35.09.

GPOR has been the topic of a number of analyst reports. Williams Capital initiated coverage on Gulfport Energy Corp. in a report on Monday, August 29th. They issued a “buy” rating and a $36.00 price objective on the stock. Goldman Sachs Group Inc. raised Gulfport Energy Corp. from a “neutral” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Tuesday, October 18th. Zacks Investment Research raised Gulfport Energy Corp. from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Tuesday, October 11th. Vetr lowered Gulfport Energy Corp. from a “strong-buy” rating to a “buy” rating and set a $30.00 price objective on the stock. in a report on Thursday, October 6th. Finally, Mizuho initiated coverage on Gulfport Energy Corp. in a report on Wednesday, October 5th. They issued a “buy” rating and a $35.00 price objective on the stock.

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Several large investors have recently modified their holdings of GPOR. Boston Partners raised its stake in shares of Gulfport Energy Corp. by 4,517.3% in the third quarter. Boston Partners now owns 12,808,323 shares of the company’s stock worth $361,835,000 after buying an additional 12,530,923 shares during the period. Vanguard Group Inc. raised its stake in shares of Gulfport Energy Corp. by 4.6% in the second quarter. Vanguard Group Inc. now owns 9,239,096 shares of the company’s stock worth $288,814,000 after buying an additional 410,153 shares during the period. BlackRock Fund Advisors raised its stake in shares of Gulfport Energy Corp. by 3.9% in the third quarter. BlackRock Fund Advisors now owns 4,805,659 shares of the company’s stock worth $135,760,000 after buying an additional 180,274 shares during the period. State Street Corp raised its stake in shares of Gulfport Energy Corp. by 3.8% in the second quarter. State Street Corp now owns 4,417,118 shares of the company’s stock worth $138,083,000 after buying an additional 160,565 shares during the period. Finally, BlackRock Institutional Trust Company N.A. raised its stake in shares of Gulfport Energy Corp. by 5.3% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 4,144,739 shares of the company’s stock worth $129,565,000 after buying an additional 207,545 shares during the period.

Shares of Gulfport Energy Corp. (NASDAQ:GPOR) opened at 25.62 on Friday. The stock’s market capitalization is $3.21 billion. The stock has a 50 day moving average price of $25.69 and a 200-day moving average price of $28.50. Gulfport Energy Corp. has a 52-week low of $20.21 and a 52-week high of $34.67.

Gulfport Energy Corp. (NASDAQ:GPOR) last released its quarterly earnings results 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 firm had revenue of $193.70 million for the quarter, compared to analyst estimates of $170.57 million. During the same quarter last year, the company posted ($0.08) earnings per share. The business’s revenue was down 16.0% on a year-over-year basis. On average, equities research analysts predict that Gulfport Energy Corp. will post $0.74 EPS for the current fiscal year.

About Gulfport Energy Corp.

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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