Gulfport Energy (GPOR) Receives a Hold from Mizuho Securities

Mizuho Securities analyst Nitin Kumar CFA maintained a Hold rating on Gulfport Energy today and set a price target of $239.00.

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Kumar CFA covers the Energy sector, focusing on stocks such as EQT, Chevron, and Valero Energy. According to TipRanks, Kumar CFA has an average return of 2.7% and a 54.30% success rate on recommended stocks.

In addition to Mizuho Securities, Gulfport Energy also received a Hold from Roth MKM’s Nicholas Pope in a report issued on January 16. However, on the same day, Bank of America Securities reiterated a Buy rating on Gulfport Energy (NYSE: GPOR).

Based on Gulfport Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $307.64 million and a net profit of $111.39 million. In comparison, last year the company earned a revenue of $215.95 million and had a GAAP net loss of $13.97 million

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of GPOR in relation to earlier this year. Earlier this month, Lester Zitkus, the SVP, Land of GPOR sold 4,745.00 shares for a total of $881,087.70.