Q3 EPS Estimates for CRK Boosted by Capital One Financial

Comstock Resources, Inc. (NYSE:CRKFree Report) – Stock analysts at Capital One Financial upped their Q3 2025 earnings per share (EPS) estimates for Comstock Resources in a research report issued on Wednesday, March 26th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings of $0.15 per share for the quarter, up from their previous estimate 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.

A number of other brokerages have also recently commented on CRK. Williams Trading set a $13.00 target price on shares of Comstock Resources in a research report on Wednesday, March 5th. StockNews.com raised shares of Comstock Resources to a “sell” rating in a research note on Thursday, March 20th. Piper Sandler increased their price target on shares of Comstock Resources from $5.00 to $6.00 and gave the company an “underweight” rating in a research report on Wednesday, January 29th. Truist Financial boosted their price objective on shares of Comstock Resources from $11.00 to $19.00 and gave the company a “hold” rating in a research report on Monday, January 13th. Finally, Morgan Stanley reiterated a “cautious” rating and set a $22.00 target price (up from $21.00) on shares of Comstock Resources in a report on Wednesday. Five research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, Comstock Resources presently has an average rating of “Hold” and an average target price of $13.73.

Get Our Latest Analysis on Comstock Resources

Comstock Resources Stock Performance

NYSE:CRK opened at $19.85 on Friday. The company has a market capitalization of $5.81 billion, a price-to-earnings ratio of -26.11, a PEG ratio of 1.65 and a beta of 0.55. The business has a 50 day moving average of $19.04 and a 200 day moving average of $15.78. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.46 and a quick ratio of 0.60. Comstock Resources has a 1-year low of $7.74 and a 1-year high of $22.06.

Comstock Resources (NYSE:CRKGet Free Report) last announced its earnings results on Tuesday, February 18th. The oil and gas producer reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.14. Comstock Resources had a negative net margin of 18.32% and a negative return on equity of 3.10%. The company had revenue of $366.51 million during the quarter, compared to analyst estimates of $370.62 million.

Hedge Funds Weigh In On Comstock Resources

Several large investors have recently modified their holdings of CRK. Pullen Investment Management LLC boosted its position in shares of Comstock Resources by 47.0% during the fourth quarter. Pullen Investment Management LLC now owns 88,296 shares of the oil and gas producer’s stock valued at $1,609,000 after buying an additional 28,251 shares during the last quarter. GF Fund Management CO. LTD. bought a new stake in shares of Comstock Resources in the fourth quarter worth approximately $501,000. PharVision Advisers LLC purchased a new position in shares of Comstock Resources during the fourth quarter valued at approximately $295,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Comstock Resources by 19.7% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 147,725 shares of the oil and gas producer’s stock valued at $2,692,000 after purchasing an additional 24,320 shares during the period. Finally, Vident Advisory LLC boosted its holdings in Comstock Resources by 23.4% in the fourth quarter. Vident Advisory LLC now owns 32,760 shares of the oil and gas producer’s stock worth $597,000 after purchasing an additional 6,211 shares during the last quarter. Hedge funds and other institutional investors own 36.13% of the company’s stock.

Insider Buying and Selling

In other Comstock Resources news, Director Elizabeth B. Davis sold 8,000 shares of the business’s stock in a transaction 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 sale, the director now directly owns 99,632 shares of the company’s stock, valued at approximately $1,810,313.44. The trade was a 7.43 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 2.00% of the stock is currently owned by insiders.

Comstock Resources Company Profile

(Get Free Report)

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.

Featured Articles

Earnings History and Estimates for Comstock Resources (NYSE:CRK)

Receive News & Ratings for Comstock Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Comstock Resources and related companies with MarketBeat.com's FREE daily email newsletter.