Q3 Earnings Estimate for CRK Issued By Capital One Financial

Comstock Resources, Inc. (NYSE:CRK) – Equities researchers at Capital One Financial lifted their Q3 2025 earnings per share (EPS) estimates for shares of Comstock Resources in a research report issued to clients and investors on Wednesday, March 26th. Capital One Financial analyst P. Johnston now forecasts that the oil and gas producer will post earnings per share of $0.15 for the quarter, up from their prior forecast of $0.13. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Comstock Resources’ FY2025 earnings at $0.57 EPS.

Comstock Resources (NYSE:CRK) last issued its quarterly earnings data on Tuesday, February 18th. The oil and gas producer reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.14. The firm had revenue of $366.51 million for the quarter, compared to analyst estimates of $370.62 million. Comstock Resources had a negative net margin of 18.32% and a negative return on equity of 3.10%.

Several other equities analysts also recently commented on the stock. StockNews.com raised shares of Comstock Resources to a “sell” rating in a research report on Thursday, March 20th. Mizuho raised Comstock Resources from an “underperform” rating to a “neutral” rating and increased their price objective for the company from $10.00 to $18.00 in a report on Monday, December 16th. Truist Financial boosted their target price on Comstock Resources from $11.00 to $19.00 and gave the stock a “hold” rating in a report on Monday, January 13th. Williams Trading set a $13.00 price target on Comstock Resources in a report on Wednesday, March 5th. Finally, Citigroup boosted their price objective on shares of Comstock Resources from $12.50 to $15.50 and gave the stock a “neutral” rating in a research note on Friday, December 6th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $13.73.

Comstock Resources Stock Up 0.2 %

Comstock Resources stock opened at $19.87 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.60 and a debt-to-equity ratio of 1.27. Comstock Resources has a 1-year low of $7.74 and a 1-year high of $22.06. The firm’s fifty day simple moving average is $19.01 and its 200-day simple moving average is $15.85. The company has a market capitalization of $5.82 billion, a P/E ratio of -26.14, a P/E/G ratio of 1.65 and a beta of 0.55.

Insiders Place Their Bets

In other Comstock Resources news, Director Elizabeth B. Davis sold 8,000 shares of the company’s stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $18.17, for a total value of $145,360.00. Following the completion of the transaction, the director now owns 99,632 shares of the company’s stock, valued at $1,810,313.44. This represents a 7.43 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 2.00% of the company’s stock.

Institutional Trading of Comstock Resources

A number of institutional investors and hedge funds have recently modified their holdings of the company. Sunbelt Securities Inc. lifted its position in Comstock Resources by 140.0% in the third quarter. Sunbelt Securities Inc. now owns 2,400 shares of the oil and gas producer’s stock worth $27,000 after purchasing an additional 1,400 shares during the period. VSM Wealth Advisory LLC bought a new position in shares of Comstock Resources during the 4th quarter worth about $27,000. Sterling Capital Management LLC lifted its holdings in shares of Comstock Resources by 804.6% during the 4th quarter. Sterling Capital Management LLC now owns 2,958 shares of the oil and gas producer’s stock worth $54,000 after acquiring an additional 2,631 shares during the period. Smartleaf Asset Management LLC boosted its position in shares of Comstock Resources by 225.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,359 shares of the oil and gas producer’s stock valued at $64,000 after acquiring an additional 2,326 shares in the last quarter. Finally, Quarry LP bought a new stake in Comstock Resources in the fourth quarter valued at about $70,000. 36.13% of the stock is currently owned by institutional investors.

Comstock Resources Company Profile

Comstock Resources, Inc, an independent energy company, engages in the acquisition, exploration, development, and production of natural gas and oil properties in the United States. Its assets are located in the Haynesville and Bossier shales located in North Louisiana and East Texas. The company was incorporated in 1919 and is headquartered in Frisco, Texas.