Q3 EPS Estimates for CRK Cut by Capital One Financial

Comstock Resources, Inc. (NYSE:CRK - Free Report) - Investment analysts at Capital One Financial dropped their Q3 2025 earnings per share (EPS) estimates for shares of Comstock Resources in a research note issued to investors on Tuesday, April 15th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings per share of $0.32 for the quarter, down from their prior estimate of $0.33. The consensus estimate for Comstock Resources' current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Comstock Resources' Q4 2025 earnings at $0.35 EPS, FY2025 earnings at $1.11 EPS and FY2026 earnings at $1.86 EPS.

Several other analysts have also recently weighed in on the stock. Williams Trading set a $13.00 target price on shares of Comstock Resources in a report on Wednesday, March 5th. Morgan Stanley reissued a "cautious" rating and set a $22.00 price objective (up from $21.00) on shares of Comstock Resources in a research report on Wednesday, March 26th. Truist Financial raised their price target on Comstock Resources from $11.00 to $19.00 and gave the company a "hold" rating in a report on Monday, January 13th. Piper Sandler increased their price objective on Comstock Resources from $5.00 to $6.00 and gave the stock an "underweight" rating in a research report on Wednesday, January 29th. Finally, StockNews.com raised shares of Comstock Resources to a "sell" rating in a research note on Saturday. Five equities research 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's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $13.73.

Comstock Resources Stock Down 5.6 %

Shares of CRK traded down $1.10 during mid-day trading on Thursday, hitting $18.67. 1,929,684 shares of the company's stock were exchanged, compared to its average volume of 2,492,588. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.60 and a current ratio of 0.46. The company has a market cap of $5.47 billion, a price-to-earnings ratio of -24.57, a P/E/G ratio of 1.65 and a beta of 0.42. The stock's 50-day moving average is $18.99 and its 200-day moving average is $16.90. Comstock Resources has a fifty-two week low of $7.74 and a fifty-two week high of $22.06.

Comstock Resources (NYSE:CRK - Get Free Report) last posted its earnings results 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. Comstock Resources had a negative net margin of 18.32% and a negative return on equity of 3.10%. The firm had revenue of $366.51 million during the quarter, compared to the consensus estimate of $370.62 million.

Hedge Funds Weigh In On Comstock Resources

A number of institutional investors have recently added to or reduced their stakes in CRK. JPMorgan Chase & Co. grew its position in shares of Comstock Resources by 9.0% during the third quarter. JPMorgan Chase & Co. now owns 170,338 shares of the oil and gas producer's stock worth $1,896,000 after buying an additional 13,998 shares in the last quarter. Barclays PLC boosted its holdings in Comstock Resources by 256.3% in the third quarter. Barclays PLC now owns 155,614 shares of the oil and gas producer's stock worth $1,731,000 after purchasing an additional 111,934 shares during the period. Sanctuary Advisors LLC bought a new stake in Comstock Resources during the third quarter valued at $169,000. Smartleaf Asset Management LLC raised its holdings in shares of Comstock Resources by 225.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 3,359 shares of the oil and gas producer's stock worth $64,000 after purchasing an additional 2,326 shares during the period. Finally, Savant Capital LLC lifted its position in shares of Comstock Resources by 43.8% in the 4th quarter. Savant Capital LLC now owns 14,800 shares of the oil and gas producer's stock worth $270,000 after buying an additional 4,506 shares during the last quarter. Institutional investors and hedge funds 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.