Shares of Gulfport Energy Corporation (NASDAQ:GPOR) gapped down prior to trading on Monday . The stock had previously closed at $13.88, but opened at $13.29. Gulfport Energy Corporation shares last traded at $12.64, with a volume of 3548600 shares changing hands.

Several brokerages have issued reports on GPOR. Barclays PLC downgraded shares of Gulfport Energy Corporation from an “overweight” rating to an “equal weight” rating and set a $16.00 price objective for the company. in a research report on Monday. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $25.00 price objective on shares of Gulfport Energy Corporation in a research report on Tuesday, October 24th. Zacks Investment Research downgraded shares of Gulfport Energy Corporation from a “buy” rating to a “hold” rating in a research report on Monday, October 23rd. Williams Capital set a $18.00 price target on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, KeyCorp set a $18.00 price target on shares of Gulfport Energy Corporation and gave the stock a “buy” rating in a research report on Thursday, October 19th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and nineteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $22.30.

The company has a current ratio of 0.57, a quick ratio of 0.57 and a debt-to-equity ratio of 0.67. The company has a market capitalization of $2,314.15, a P/E ratio of 9.65, a PEG ratio of 0.31 and a beta of 0.69.

Gulfport Energy Corporation (NASDAQ:GPOR) last posted its earnings results 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). The company had revenue of $265.50 million during the quarter, compared to the consensus estimate of $302.33 million. Gulfport Energy Corporation had a net margin of 3.88% and a return on equity of 7.99%. The business’s quarterly revenue was up 37.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.16 earnings per share. equities analysts expect that Gulfport Energy Corporation will post 1.37 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the business. GSA Capital Partners LLP bought a new stake in Gulfport Energy Corporation in the third quarter valued at $223,000. GeoSphere Capital Management bought a new stake in Gulfport Energy Corporation in the third quarter valued at $1,434,000. California Public Employees Retirement System lifted its stake in Gulfport Energy Corporation by 1.9% in the third quarter. California Public Employees Retirement System now owns 731,188 shares of the oil and gas producer’s stock valued at $10,485,000 after buying an additional 13,888 shares during the last quarter. Cubist Systematic Strategies LLC lifted its stake in Gulfport Energy Corporation by 384.6% in the third quarter. Cubist Systematic Strategies LLC now owns 69,789 shares of the oil and gas producer’s stock valued at $1,001,000 after buying an additional 55,389 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its stake in Gulfport Energy Corporation by 22.6% in the third quarter. Janus Henderson Group PLC now owns 6,467,222 shares of the oil and gas producer’s stock valued at $92,740,000 after buying an additional 1,193,723 shares during the last quarter. Institutional investors own 85.74% of the company’s stock.

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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.

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