Weekly Research Analysts’ Ratings Changes for GeoPark (GPRK)

A number of firms have modified their ratings and price targets on shares of GeoPark (NYSE: GPRK) recently:

• 10/30/2024 – GeoPark had its price target lowered by analysts at JPMorgan Chase & Co. from $12.00 to $11.00. They now have an “overweight” rating on the stock.
• 10/28/2024 – GeoPark was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 10/20/2024 – GeoPark was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 10/12/2024 – GeoPark was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 10/4/2024 – GeoPark was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 9/26/2024 – GeoPark was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 9/25/2024 – GeoPark had its price target raised by analysts at JPMorgan Chase & Co. from $11.50 to $12.00. They now have an “overweight” rating on the stock.

GeoPark Price Performance

GPRK traded down $0.33 on Thursday, reaching $7.86. 200,228 shares of the company’s stock were exchanged, compared to its average volume of 396,176. The stock has a market cap of $434.88 million, a PE ratio of 3.85 and a beta of 1.32. GeoPark Limited has a twelve month low of $7.24 and a twelve month high of $11.25. The stock’s fifty day moving average price is $8.21 and its 200-day moving average price is $9.37. The company has a debt-to-equity ratio of 2.83, a current ratio of 1.16 and a quick ratio of 1.10.

GeoPark (NYSE:GPRK) last released its quarterly earnings results on Wednesday, August 14th. The oil and gas company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.30). GeoPark had a net margin of 14.28% and a return on equity of 60.77%. The company had revenue of $190.20 million during the quarter, compared to analysts’ expectations of $182.74 million. Sell-side analysts expect that GeoPark Limited will post 3.09 EPS for the current year.

GeoPark Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 12th. Stockholders of record on Thursday, August 29th were paid a dividend of $0.147 per share. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $0.59 dividend on an annualized basis and a dividend yield of 7.48%. GeoPark’s dividend payout ratio (DPR) is presently 28.43%.

Institutional Investors Weigh In On GeoPark

Several hedge funds have recently modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new stake in shares of GeoPark during the first quarter worth approximately $28,000. Employees Retirement System of Texas bought a new stake in shares of GeoPark during the second quarter valued at about $34,000. nVerses Capital LLC bought a new stake in shares of GeoPark during the second quarter valued at about $35,000. Armstrong Fleming & Moore Inc raised its position in GeoPark by 2.7% in the third quarter. Armstrong Fleming & Moore Inc now owns 187,726 shares of the oil and gas company’s stock worth $1,477,000 after acquiring an additional 4,859 shares in the last quarter. Finally, Blue Trust Inc. bought a new stake in GeoPark in the third quarter worth about $38,000. 68.21% of the stock is owned by institutional investors and hedge funds.

GeoPark Limited operates as an oil and natural gas exploration and production company primarily in Chile, Colombia, Brazil, Argentina, Ecuador, and other Latin American countries. It engages in the exploration, development, and production of oil and gas reserves. The company was formerly known as GeoPark Holdings Limited and changed its name to GeoPark Limited in July 2013.