Q4 Earnings Estimate for CRK Issued By Capital One Financial

Comstock Resources, Inc. (NYSE:CRK - Free Report) - Capital One Financial upped their Q4 2025 earnings estimates for Comstock Resources in a research report issued to clients and investors on Wednesday, March 26th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings of $0.16 per share for the quarter, up from their prior estimate of $0.15. The consensus estimate for Comstock Resources' current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Comstock Resources' FY2026 earnings at $1.34 EPS, FY2027 earnings at $1.27 EPS and FY2028 earnings at $1.48 EPS.

CRK has been the subject of several other reports. Morgan Stanley restated 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. Truist Financial increased their price objective on shares of Comstock Resources from $11.00 to $19.00 and gave the company a "hold" rating in a research note on Monday, January 13th. Mizuho upgraded Comstock Resources from an "underperform" rating to a "neutral" rating and increased their price target for the company from $10.00 to $18.00 in a research note on Monday, December 16th. Williams Trading set a $13.00 price target on shares of Comstock Resources in a report on Wednesday, March 5th. Finally, Citigroup raised their price objective on shares of Comstock Resources from $12.50 to $15.50 and gave the stock a "neutral" rating in a research report on Friday, December 6th. 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 stock. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of $13.73.

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Comstock Resources Price Performance

CRK stock traded up $0.52 during mid-day trading on Thursday, hitting $20.36. The stock had a trading volume of 556,749 shares, compared to its average volume of 2,722,342. The firm has a fifty day simple moving average of $19.01 and a 200 day simple moving average of $15.89. Comstock Resources has a 52 week low of $7.74 and a 52 week high of $22.06. The company has a current ratio of 0.46, a quick ratio of 0.60 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $5.96 billion, a P/E ratio of -26.78, a P/E/G ratio of 1.65 and a beta of 0.55.

Comstock Resources (NYSE:CRK - Get Free Report) last issued its quarterly earnings results on Tuesday, February 18th. The oil and gas producer reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.14. The company had revenue of $366.51 million for the quarter, compared to analysts' expectations of $370.62 million. Comstock Resources had a negative return on equity of 3.10% and a negative net margin of 18.32%.

Institutional Investors Weigh In On Comstock Resources

Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Comstock Resources in the fourth quarter valued at approximately $11,891,000. Corigliano Investment Advisers LLC bought a new position in shares of Comstock Resources in the fourth quarter worth approximately $11,450,000. Susquehanna Fundamental Investments LLC purchased a new stake in Comstock Resources during the fourth quarter valued at about $6,349,000. Marshall Wace LLP bought a new stake in shares of Comstock Resources in the 4th quarter worth approximately $6,329,000. Finally, Edgestream Partners L.P. purchased a new stake in Comstock Resources during the 4th quarter valued at about $4,430,000. Hedge funds and other institutional investors own 36.13% 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.