Gulfport Energy (NASDAQ:GPOR) has been assigned a $18.00 price target by analysts at Mizuho in a research note issued on Tuesday. The brokerage currently has a “buy” rating on the oil and gas producer’s stock. Mizuho’s price target would indicate a potential upside of 37.40% from the company’s previous close.

Other research analysts also recently issued reports about the company. Zacks Investment Research upgraded Gulfport Energy from a “hold” rating to a “buy” rating and set a $16.00 target price for the company in a research note on Wednesday, October 4th. KeyCorp reiterated a “buy” rating and set a $18.00 target price on shares of Gulfport Energy in a research note on Tuesday, September 19th. Jefferies Group reiterated a “buy” rating and set a $18.00 target price on shares of Gulfport Energy in a research note on Thursday, October 12th. Scotiabank reiterated a “buy” rating and set a $23.00 target price on shares of Gulfport Energy in a research note on Monday, October 9th. Finally, Williams Capital set a $18.00 target price on Gulfport Energy and gave the stock a “buy” rating in a research note on Monday, October 23rd. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seventeen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $20.62.

Gulfport Energy (NASDAQ:GPOR) opened at $13.10 on Tuesday. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.57 and a current ratio of 0.57. Gulfport Energy has a one year low of $10.90 and a one year high of $22.35. The company has a market capitalization of $2,445.97, a P/E ratio of -48.52, a PEG ratio of 0.28 and a beta of 0.69.

Gulfport Energy (NASDAQ:GPOR) last issued its 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 had a return on equity of 7.99% and a net margin of 3.88%. The business had revenue of $265.50 million for the quarter, compared to the consensus estimate of $302.33 million. During the same quarter in the prior year, the firm posted $0.16 earnings per share. The business’s revenue was up 37.1% compared to the same quarter last year. research analysts anticipate that Gulfport Energy will post 1.36 earnings per share for the current fiscal year.

In other Gulfport Energy news, CEO Michael G. Moore sold 118,494 shares of Gulfport Energy stock in a transaction on Friday, December 15th. The stock was sold at an average price of $12.16, for a total value of $1,440,887.04. Following the completion of the transaction, the chief executive officer now directly owns 295,449 shares of the company’s stock, valued at approximately $3,592,659.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Keri Crowell sold 16,000 shares of Gulfport Energy stock in a transaction on Friday, December 15th. The shares were sold at an average price of $12.16, for a total value of $194,560.00. Following the completion of the transaction, the chief financial officer now directly owns 81,092 shares of the company’s stock, valued at $986,078.72. The disclosure for this sale can be found here. Insiders sold a total of 151,253 shares of company stock valued at $1,839,219 over the last ninety days. Insiders own 0.21% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Gulfport Energy by 11.8% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,756 shares of the oil and gas producer’s stock valued at $100,000 after acquiring an additional 712 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in Gulfport Energy by 3.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 21,982 shares of the oil and gas producer’s stock valued at $323,000 after acquiring an additional 786 shares in the last quarter. Neuberger Berman Group LLC raised its holdings in Gulfport Energy by 11.7% in the 2nd quarter. Neuberger Berman Group LLC now owns 16,823 shares of the oil and gas producer’s stock valued at $248,000 after acquiring an additional 1,766 shares in the last quarter. Energy Opportunities Capital Management LLC raised its holdings in Gulfport Energy by 0.9% in the 2nd quarter. Energy Opportunities Capital Management LLC now owns 251,230 shares of the oil and gas producer’s stock valued at $3,706,000 after acquiring an additional 2,250 shares in the last quarter. Finally, Thrivent Financial For Lutherans raised its holdings in Gulfport Energy by 7.7% in the 2nd quarter. Thrivent Financial For Lutherans now owns 32,140 shares of the oil and gas producer’s stock valued at $474,000 after acquiring an additional 2,300 shares in the last quarter. 86.71% of the stock is owned by hedge funds and other institutional investors.

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About Gulfport Energy

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.

Analyst Recommendations for Gulfport Energy (NASDAQ:GPOR)

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