Gulfport Energy Corporation (NASDAQ:GPOR) – KeyCorp boosted their FY2017 EPS estimates for shares of Gulfport Energy Corporation in a note issued to investors on Wednesday. KeyCorp analyst D. Deckelbaum now expects that the oil and gas producer will post earnings of $1.39 per share for the year, up from their prior forecast of $1.20. KeyCorp has a “Buy” rating and a $18.00 price target on the stock. KeyCorp also issued estimates for Gulfport Energy Corporation’s Q4 2017 earnings at $0.43 EPS and FY2018 earnings at $2.18 EPS.

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 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 business had revenue of $265.50 million during the quarter, compared to the consensus estimate of $302.33 million. During the same period last year, the business posted $0.16 earnings per share. The firm’s quarterly revenue was up 37.1% on a year-over-year basis.

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Other research analysts have also issued reports about the stock. Zacks Investment Research raised shares of Gulfport Energy Corporation from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research note on Wednesday, July 12th. Williams Capital set a $21.00 price target on shares of Gulfport Energy Corporation and gave the company a “buy” rating in a research report on Wednesday, August 9th. Jefferies Group LLC set a $20.00 price target on shares of Gulfport Energy Corporation and gave the company a “buy” rating in a research report on Tuesday, August 29th. Stifel Nicolaus dropped their price target on shares of Gulfport Energy Corporation from $21.00 to $18.00 and set a “buy” rating on the stock in a research report on Monday, August 14th. Finally, Mizuho reissued a “buy” rating and set a $23.00 price target on shares of Gulfport Energy Corporation in a research report on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $22.83.

Gulfport Energy Corporation (GPOR) opened at $13.33 on Monday. Gulfport Energy Corporation has a 12 month low of $10.90 and a 12 month high of $29.92. The firm has a market cap of $2,440.48, a price-to-earnings ratio of 10.18, a price-to-earnings-growth ratio of 0.31 and a beta of 0.69. The company has a quick ratio of 0.57, a current ratio of 0.57 and a debt-to-equity ratio of 0.67.

A number of large investors have recently modified their holdings of GPOR. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in Gulfport Energy Corporation by 11.8% during the second 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. Riverhead Capital Management LLC grew its stake in Gulfport Energy Corporation by 76.9% during the second quarter. Riverhead Capital Management LLC now owns 9,553 shares of the oil and gas producer’s stock valued at $141,000 after acquiring an additional 4,153 shares in the last quarter. World Asset Management Inc purchased a new position in Gulfport Energy Corporation during the second quarter valued at approximately $150,000. LS Investment Advisors LLC grew its stake in Gulfport Energy Corporation by 25.1% during the second quarter. LS Investment Advisors LLC now owns 12,869 shares of the oil and gas producer’s stock valued at $190,000 after acquiring an additional 2,584 shares in the last quarter. Finally, Teacher Retirement System of Texas grew its stake in Gulfport Energy Corporation by 4.2% during the second quarter. Teacher Retirement System of Texas now owns 12,869 shares of the oil and gas producer’s stock valued at $190,000 after acquiring an additional 520 shares in the last quarter. 88.70% of the stock is owned by institutional investors.

About Gulfport Energy Corporation

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.

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

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