NASDAQ:GPOR - Gulfport Energy Stock Price, Price Target & More

Gulfport Energy trades on the NASDAQ under the ticker symbol "GPOR."

Gulfport Energy declared that its Board of Directors has approved a share repurchase plan on Tuesday, January 30th 2018, which permits the company to buyback $100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its shares are undervalued.

Gulfport Energy Co. (NASDAQ:GPOR) announced its earnings results on Tuesday, May, 8th. The oil and gas producer reported $0.56 earnings per share for the quarter, beating analysts' consensus estimates of $0.42 by $0.14. The oil and gas producer had revenue of $325.40 million for the quarter, compared to the consensus estimate of $354.46 million. Gulfport Energy had a return on equity of 10.03% and a net margin of 28.25%. The company's revenue for the quarter was down 2.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.32 EPS. View Gulfport Energy's Earnings History.

Gulfport Energy is scheduled to release their next quarterly earnings announcement on Wednesday, August, 1st 2018. View Earnings Estimates for Gulfport Energy.

19 brokerages have issued 1 year price targets for Gulfport Energy's shares. Their forecasts range from $10.00 to $26.00. On average, they anticipate Gulfport Energy's share price to reach $15.4206 in the next twelve months. This suggests a possible upside of 30.0% from the stock's current price. View Analyst Ratings for Gulfport Energy.

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Gulfport Energy in the last year. There are currently 2 sell ratings, 3 hold ratings and 14 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Gulfport Energy saw a increase in short interest in June. As of June 29th, there was short interest totalling 16,258,338 shares, an increase of 27.2% from the June 15th total of 12,783,718 shares. Based on an average trading volume of 7,097,721 shares, the days-to-cover ratio is currently 2.3 days. Approximately 10.6% of the shares of the stock are short sold. View Gulfport Energy's Current Options Chain.

Some companies that are related to Gulfport Energy include RSP Permian (RSPP), WPX Energy (WPX), Energen (EGN), Antero Resources (AR), Newfield Exploration (NFX), Murphy Oil (MUR), Vermilion Energy (VET), Centennial Resource Development (CDEV), Whiting Petroleum (WLL), Chesapeake Energy (CHK), Range Resources (RRC), PDC Energy (PDCE), Crescent Point Energy (CPG), ARC Resources (AETUF) and Oasis Petroleum (OAS).

News articles about GPOR stock have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gulfport Energy earned a daily sentiment score of 0.15 on Accern's scale. They also assigned news headlines about the oil and gas producer an impact score of 47.71 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Gulfport Energy's stock is owned by many different of retail and institutional investors. Top institutional shareholders include FIREFLY VALUE PARTNERS, LP (5.20%), DFT Energy LP (0.33%), James Investment Research Inc. (0.23%), Retirement Systems of Alabama (0.12%), Municipal Employees Retirement System of Michigan (0.02%) and Amalgamated Bank (0.01%). Company insiders that own Gulfport Energy stock include Charles Douglas Johnson, Craig Groeschel, Keri Crowell, Michael G Moore, Paul D Westerman, Robert Alan Jones and Steve Baldwin. View Institutional Ownership Trends for Gulfport Energy.

GPOR stock was sold by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, Cerebellum GP LLC, Retirement Systems of Alabama and Amalgamated Bank. Company insiders that have sold Gulfport Energy company stock in the last year include Craig Groeschel, Keri Crowell, Michael G Moore, Robert Alan Jones and Steve Baldwin. View Insider Buying and Selling for Gulfport Energy.

GPOR stock was bought by a variety of institutional investors in the last quarter, including James Investment Research Inc., DFT Energy LP, Edge Wealth Management LLC, Pwmco LLC, Campbell & CO Investment Adviser LLC and Cornerstone Wealth Management LLC. Company insiders that have bought Gulfport Energy stock in the last two years include Charles Douglas Johnson and Paul D Westerman. View Insider Buying and Selling for Gulfport Energy.

Shares of GPOR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of GPOR stock can currently be purchased for approximately $11.86.

Gulfport Energy has a market capitalization of $2.06 billion and generates $1.32 billion in revenue each year. The oil and gas producer earns $435.15 million in net income (profit) each year or $1.41 on an earnings per share basis. Gulfport Energy employs 331 workers across the globe.

Gulfport Energy's mailing address is 3001 Quail Springs Parkway, OKLAHOMA CITY OK, 73134. The oil and gas producer can be reached via phone at 405-252-4600 or via email at [email protected]