Gulfport Energy Corporation (NASDAQ:GPOR) – Equities researchers at Capital One Financial Corporation decreased their FY2017 earnings per share (EPS) estimates for Gulfport Energy Corporation in a report released on Friday, Zacks Investment Research reports. Capital One Financial Corporation analyst B. Velie now anticipates that the oil and gas producer will earn $1.42 per share for the year, down from their previous estimate of $1.46.
GPOR has been the topic of a number of other research reports. Zacks Investment Research cut shares of Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a research report on Wednesday, July 26th. BidaskClub cut shares of Gulfport Energy Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, July 19th. Piper Jaffray Companies decreased their price objective on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Monday, September 18th. Scotiabank reiterated a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research report on Monday, October 9th. Finally, KeyCorp reiterated a “buy” rating and set a $18.00 price target on shares of Gulfport Energy Corporation in a research report on Tuesday, September 19th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and twenty have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $22.83.
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Gulfport Energy Corporation (GPOR) opened at $12.68 on Monday. Gulfport Energy Corporation has a 52-week low of $10.90 and a 52-week high of $29.92. The stock has a market cap of $2,522.87, a PE ratio of 10.52, a price-to-earnings-growth ratio of 0.33 and a beta of 0.69. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.57 and a quick ratio of 0.57.
Gulfport Energy Corporation (NASDAQ:GPOR) last released its quarterly earnings data on Wednesday, November 1st. The oil and gas producer reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.03). Gulfport Energy Corporation had a net margin of 3.88% and a return on equity of 7.99%. The firm had revenue of $265.50 million during the quarter, compared to analysts’ expectations of $302.33 million. During the same quarter in the previous year, the firm posted $0.16 EPS. Gulfport Energy Corporation’s revenue was up 37.1% compared to the same quarter last year.
Hedge funds and other institutional investors have recently modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Gulfport Energy Corporation by 11.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,756 shares of the oil and gas producer’s stock worth $100,000 after buying an additional 712 shares in the last quarter. Riverhead Capital Management LLC lifted its stake in shares of Gulfport Energy Corporation by 76.9% in the second quarter. Riverhead Capital Management LLC now owns 9,553 shares of the oil and gas producer’s stock worth $141,000 after buying an additional 4,153 shares in the last quarter. World Asset Management Inc bought a new position in shares of Gulfport Energy Corporation in the second quarter worth approximately $150,000. BKS Advisors LLC bought a new position in shares of Gulfport Energy Corporation in the third quarter worth approximately $161,000. Finally, LS Investment Advisors LLC lifted its stake in shares of Gulfport Energy Corporation by 25.1% in the second quarter. LS Investment Advisors LLC now owns 12,869 shares of the oil and gas producer’s stock worth $190,000 after buying an additional 2,584 shares in the last quarter. Hedge funds and other institutional investors own 84.80% of the company’s stock.
Gulfport Energy Corporation Company Profile
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.
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