Comstock Resources, Inc. (NYSE:CRK – Free Report) – Investment analysts at Capital One Financial upped their Q4 2025 earnings estimates for Comstock Resources in a research note issued to investors on Wednesday, January 15th. Capital One Financial analyst P. Johnston now forecasts that the oil and gas producer will earn $0.15 per share for the quarter, up from their previous forecast of $0.14. The consensus estimate for Comstock Resources’ current full-year earnings is ($0.43) per share. Capital One Financial also issued estimates for Comstock Resources’ FY2026 earnings at $1.26 EPS.
A number of other brokerages have also recently weighed in on CRK. BMO Capital Markets increased their price target on shares of Comstock Resources from $10.00 to $11.00 and gave the stock a “market perform” rating in a research note on Friday, October 4th. Truist Financial increased their target price on shares of Comstock Resources from $11.00 to $19.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. Siebert Williams Shank cut Comstock Resources from a “hold” rating to a “sell” rating and set a $9.00 price target on the stock. in a research report on Tuesday, October 15th. Citigroup increased their price objective on Comstock Resources from $12.50 to $15.50 and gave the stock a “neutral” rating in a research report on Friday, December 6th. Finally, Morgan Stanley assumed coverage on Comstock Resources in a report on Friday, January 10th. They issued an “equal weight” rating and a $18.00 target price on the stock. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $13.30.
Comstock Resources Stock Performance
Shares of CRK opened at $21.36 on Friday. The company’s 50 day simple moving average is $16.62 and its 200-day simple moving average is $12.80. The firm has a market cap of $6.24 billion, a PE ratio of -118.68 and a beta of 0.51. Comstock Resources has a 12-month low of $7.07 and a 12-month high of $21.75. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 1.25.
Comstock Resources (NYSE:CRK – Get Free Report) last released its quarterly earnings results on Wednesday, October 30th. The oil and gas producer reported ($0.17) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). Comstock Resources had a negative return on equity of 3.88% and a negative net margin of 4.93%. The firm had revenue of $304.50 million for the quarter, compared to analysts’ expectations of $308.75 million. During the same quarter in the prior year, the business earned $0.04 EPS. The company’s quarterly revenue was down 19.2% compared to the same quarter last year.
Insider Buying and Selling
In other news, Director Elizabeth B. Davis sold 10,000 shares of the company’s stock in a transaction on Monday, December 23rd. The shares were sold at an average price of $16.33, for a total transaction of $163,300.00. Following the transaction, the director now directly owns 123,781 shares of the company’s stock, valued at $2,021,343.73. This represents a 7.47 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold 38,000 shares of company stock valued at $634,660 over the last quarter. Company insiders own 2.00% of the company’s stock.
Institutional Trading of Comstock Resources
A number of institutional investors have recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. purchased a new position in Comstock Resources in the third quarter valued at about $25,000. Sunbelt Securities Inc. increased its stake in Comstock Resources by 140.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 2,400 shares of the oil and gas producer’s stock valued at $27,000 after purchasing an additional 1,400 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in Comstock Resources by 2,533.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,582 shares of the oil and gas producer’s stock valued at $34,000 after purchasing an additional 3,446 shares in the last quarter. Blue Trust Inc. raised its holdings in Comstock Resources by 116.3% during the third quarter. Blue Trust Inc. now owns 6,715 shares of the oil and gas producer’s stock worth $70,000 after purchasing an additional 3,611 shares during the last quarter. Finally, Choreo LLC purchased a new stake in Comstock Resources during the second quarter worth $105,000. Hedge funds and other institutional investors own 36.13% of the company’s stock.
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.
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