KeyCorp Predicts Increased Earnings for Comstock Resources

Comstock Resources, Inc. (NYSE:CRK) – Analysts at KeyCorp boosted their Q1 2026 EPS estimates for Comstock Resources in a note issued to investors on Sunday, April 20th. KeyCorp analyst T. Rezvan now anticipates that the oil and gas producer will post earnings per share of $0.36 for the quarter, up from their previous forecast of $0.35. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. KeyCorp also issued estimates for Comstock Resources’ Q4 2026 earnings at $0.30 EPS and FY2026 earnings at $0.96 EPS.

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

Several other equities analysts have also recently commented on the stock. StockNews.com upgraded shares of Comstock Resources to a “sell” rating in a report on Saturday. Truist Financial upped their target price on Comstock Resources from $11.00 to $19.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Piper Sandler lifted their price target on Comstock Resources from $5.00 to $6.00 and gave the company an “underweight” rating in a report on Wednesday, January 29th. Williams Trading set a $13.00 price objective on Comstock Resources in a report on Wednesday, March 5th. Finally, Morgan Stanley reiterated a “cautious” rating and issued a $22.00 target price (up from $21.00) on shares of Comstock Resources in a research note on Wednesday, March 26th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have given a buy rating to the company. According to MarketBeat.com, Comstock Resources presently has a consensus rating of “Hold” and an average target price of $13.73.

Comstock Resources Stock Performance

CRK stock opened at $18.67 on Tuesday. The firm has a 50 day simple moving average of $19.00 and a 200 day simple moving average of $16.95. Comstock Resources has a 52 week low of $7.74 and a 52 week high of $22.06. The stock has a market cap of $5.47 billion, a P/E ratio of -24.57, a P/E/G ratio of 1.65 and a beta of 0.42. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.60 and a current ratio of 0.46.

Hedge Funds Weigh In On Comstock Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC bought a new position in Comstock Resources in the fourth quarter worth $27,000. Sterling Capital Management LLC boosted its position 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 valued at $54,000 after acquiring an additional 2,631 shares in the last quarter. Smartleaf Asset Management LLC increased its stake in Comstock Resources by 225.2% in the fourth 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 during the period. Quarry LP acquired a new position in Comstock Resources in the fourth quarter worth about $70,000. Finally, KBC Group NV lifted its stake in Comstock Resources by 46.8% during the fourth quarter. KBC Group NV now owns 6,480 shares of the oil and gas producer’s stock worth $118,000 after purchasing an additional 2,066 shares during the period. 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.