Wall Street analysts expect Gulfport Energy Corporation (NASDAQ:GPOR) to announce earnings per share (EPS) of $0.39 for the current quarter, according to Zacks Investment Research. Seven analysts have issued estimates for Gulfport Energy’s earnings, with the lowest EPS estimate coming in at $0.26 and the highest estimate coming in at $0.54. Gulfport Energy posted earnings of $0.34 per share during the same quarter last year, which would suggest a positive year over year growth rate of 14.7%. The firm is expected to report its next earnings results on Monday, February 12th.

According to Zacks, analysts expect that Gulfport Energy will report full year earnings of $1.35 per share for the current fiscal year, with EPS estimates ranging from $1.19 to $1.51. For the next fiscal year, analysts expect that the business will report earnings of $1.56 per share, with EPS estimates ranging from $1.03 to $2.52. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research analysts that cover Gulfport Energy.

Gulfport Energy (NASDAQ:GPOR) last issued its earnings results on Wednesday, November 1st. The oil and gas producer reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ 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 during the quarter, compared to the consensus estimate of $302.33 million. During the same period in the prior year, the business earned $0.16 EPS. The business’s revenue was up 37.1% on a year-over-year basis.

GPOR has been the topic of several analyst reports. Jefferies Group set a $20.00 price target on shares of Gulfport Energy and gave the company a “buy” rating in a research note on Tuesday, August 29th. Williams Capital set a $18.00 price objective on shares of Gulfport Energy and gave the company a “buy” rating in a research note on Monday, October 23rd. KeyCorp set a $18.00 price objective on shares of Gulfport Energy and gave the company a “buy” rating in a research note on Thursday, October 19th. Piper Jaffray Companies decreased their price target on shares of Gulfport Energy from $21.00 to $18.00 and set an “overweight” rating on the stock in a research report on Monday, September 18th. Finally, SunTrust Banks restated a “buy” rating and issued a $25.00 price target on shares of Gulfport Energy in a research report on Tuesday, October 24th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eighteen have given a buy rating to the company. Gulfport Energy has an average rating of “Buy” and an average price target of $21.52.

Shares of Gulfport Energy (NASDAQ GPOR) opened at $12.71 on Thursday. Gulfport Energy has a 12 month low of $10.90 and a 12 month high of $27.97. The company has a market cap of $2,326.97, a P/E ratio of 9.70, 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.

In other news, Director Paul D. Westerman bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average price of $12.75 per share, for a total transaction of $127,500.00. Following the acquisition, the director now directly owns 15,488 shares of the company’s stock, valued at approximately $197,472. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 0.31% of the stock is currently owned by company insiders.

Several large investors have recently bought and sold shares of GPOR. Vanguard Group Inc. boosted its position in shares of Gulfport Energy by 6.3% during the 2nd quarter. Vanguard Group Inc. now owns 13,274,246 shares of the oil and gas producer’s stock valued at $195,796,000 after acquiring an additional 786,991 shares in the last quarter. State Street Corp boosted its position in Gulfport Energy by 15.1% in the second quarter. State Street Corp now owns 7,443,039 shares of the oil and gas producer’s stock valued at $109,780,000 after buying an additional 979,127 shares in the last quarter. Janus Henderson Group PLC boosted its position in Gulfport Energy 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 in the last quarter. Dimensional Fund Advisors LP boosted its position in Gulfport Energy by 57.7% in the third quarter. Dimensional Fund Advisors LP now owns 5,141,604 shares of the oil and gas producer’s stock valued at $73,731,000 after buying an additional 1,881,196 shares in the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in Gulfport Energy by 7.0% in the third quarter. Alyeska Investment Group L.P. now owns 4,522,206 shares of the oil and gas producer’s stock valued at $64,848,000 after buying an additional 293,973 shares in the last quarter. Institutional investors own 86.93% of the company’s stock.

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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.

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

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