Comstock Resources, Inc. (NYSE:CRK – Free Report) – Stock analysts at Capital One Financial upped their Q4 2025 earnings estimates for shares of Comstock Resources in a research note issued to investors on Wednesday, January 15th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings per share of $0.15 for the quarter, up from their prior estimate 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 equities analysts also recently commented on CRK. Siebert Williams Shank downgraded shares of Comstock Resources from a “hold” rating to a “sell” rating and set a $9.00 target price for the company. in a report on Tuesday, October 15th. BMO Capital Markets boosted their price objective 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. Morgan Stanley assumed coverage on shares of Comstock Resources in a research note on Friday, January 10th. They issued an “equal weight” rating and a $18.00 target price for the company. Citigroup upped their price target 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, Truist Financial raised their price objective on Comstock Resources from $11.00 to $19.00 and gave the stock a “hold” rating in a research report on Monday, January 13th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $13.30.
Comstock Resources Trading Down 0.7 %
CRK opened at $21.36 on Friday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 1.25. The firm has a market cap of $6.24 billion, a price-to-earnings 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 stock has a fifty day moving average price of $16.62 and a 200-day moving average price of $12.81.
Comstock Resources (NYSE:CRK – Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The oil and gas producer reported ($0.17) EPS for the quarter, missing analysts’ consensus estimates of ($0.16) by ($0.01). The business had revenue of $304.50 million during the quarter, compared to the consensus estimate of $308.75 million. Comstock Resources had a negative return on equity of 3.88% and a negative net margin of 4.93%. The business’s quarterly revenue was down 19.2% on a year-over-year basis. During the same period last year, the firm earned $0.04 EPS.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the business. Choreo LLC acquired a new stake in Comstock Resources during the 2nd quarter worth about $105,000. American Century Companies Inc. boosted its stake in shares of Comstock Resources by 19.0% in the second quarter. American Century Companies Inc. now owns 2,270,435 shares of the oil and gas producer’s stock worth $23,567,000 after buying an additional 362,043 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in Comstock Resources by 26.3% during the second quarter. Dimensional Fund Advisors LP now owns 11,696,540 shares of the oil and gas producer’s stock worth $121,414,000 after acquiring an additional 2,438,252 shares during the period. Edgestream Partners L.P. purchased a new position in Comstock Resources during the second quarter valued at approximately $1,650,000. Finally, XTX Topco Ltd lifted its holdings in Comstock Resources by 4.8% in the second quarter. XTX Topco Ltd now owns 28,791 shares of the oil and gas producer’s stock valued at $299,000 after acquiring an additional 1,330 shares during the period. Hedge funds and other institutional investors own 36.13% of the company’s stock.
Insider Activity
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 value of $163,300.00. Following the sale, 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 legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders have sold 38,000 shares of company stock valued at $634,660. Company insiders own 2.00% of the company’s stock.
About Comstock Resources
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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