Gulfport Energy Corporation (NYSE:GPOR) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Gulfport Energy Corporation has received a consensus rating of "Moderate Buy" from analysts, with a total of five buy recommendations and one strong buy among the eleven covering analysts.
• The current average price target for Gulfport Energy shares is $210.71, reflecting analysts' expectations for the stock's performance over the next year.
• Gulfport Energy's stock has shown a 0.6% increase recently, with shares opening at $177.55 and having fluctuated between a twelve-month low of $136.45 and a high of $210.32.

Shares of Gulfport Energy Corporation (NYSE:GPOR - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the eleven analysts that are presently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $210.7143.

A number of research analysts recently weighed in on GPOR shares. Roth Capital initiated coverage on shares of Gulfport Energy in a research report on Monday, October 13th. They set a "neutral" rating and a $200.00 price objective on the stock. UBS Group decreased their price target on shares of Gulfport Energy from $240.00 to $227.00 and set a "buy" rating on the stock in a research report on Wednesday, August 20th. William Blair initiated coverage on shares of Gulfport Energy in a research report on Monday, August 25th. They issued an "outperform" rating on the stock. Evercore ISI decreased their price target on shares of Gulfport Energy from $193.00 to $190.00 and set an "in-line" rating on the stock in a research report on Monday, October 6th. Finally, Wall Street Zen upgraded shares of Gulfport Energy from a "hold" rating to a "buy" rating in a research report on Saturday, August 9th.

Gulfport Energy Stock Up 0.6%

Shares of Gulfport Energy stock opened at $177.55 on Friday. The company has a market capitalization of $3.12 billion, a P/E ratio of -24.73 and a beta of 0.62. The firm's 50 day moving average is $174.82. Gulfport Energy has a twelve month low of $136.45 and a twelve month high of $210.32. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.42.

Gulfport Energy (NYSE:GPOR - Get Free Report) last issued its quarterly earnings data on Monday, February 28th. The company reported $0.17 earnings per share for the quarter. The company had revenue of $298.62 million for the quarter. Gulfport Energy had a negative net margin of 9.14% and a positive return on equity of 18.89%.

Insiders Place Their Bets

In other Gulfport Energy news, Director Jason Joseph Martinez sold 600 shares of the stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $171.57, for a total value of $102,942.00. Following the transaction, the director directly owned 4,288 shares in the company, valued at approximately $735,692.16. This trade represents a 12.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.62% of the company's stock.

Institutional Trading of Gulfport Energy

Several institutional investors and hedge funds have recently modified their holdings of GPOR. Strs Ohio bought a new stake in shares of Gulfport Energy during the 1st quarter valued at $239,000. Rhumbline Advisers raised its position in shares of Gulfport Energy by 1.2% during the 1st quarter. Rhumbline Advisers now owns 20,623 shares of the company's stock valued at $3,798,000 after purchasing an additional 248 shares during the period. Livforsakringsbolaget Skandia Omsesidigt raised its position in shares of Gulfport Energy by 337.6% during the 2nd quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 61,700 shares of the company's stock valued at $12,412,000 after purchasing an additional 47,600 shares during the period. Pallas Capital Advisors LLC bought a new stake in shares of Gulfport Energy during the 2nd quarter valued at $263,000. Finally, Wealth Enhancement Advisory Services LLC bought a new stake in shares of Gulfport Energy during the 2nd quarter valued at $557,000.

Gulfport Energy Company Profile

Gulfport Energy Corporation engages in the exploration, development, acquisition, production of natural gas, crude oil, and natural gas liquids (NGL) in the United States. Its principal properties include Utica Shale covering an area approximately 187,000 net reservoir acres primarily located in Eastern Ohio; and SCOOP covering an area approximately 74,000 net reservoir acres primarily located in Garvin, Grady, and Stephens.

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