Capital One Financial Has Positive View of CRK Q3 Earnings

Comstock Resources, Inc. (NYSE:CRK) – Equities researchers at Capital One Financial upped their Q3 2025 earnings per share estimates for shares of Comstock Resources in a research note issued on Wednesday, March 26th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will earn $0.15 per share for the quarter, up from their prior forecast 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 equities research analysts also recently issued reports on CRK. Mizuho raised Comstock Resources from an “underperform” rating to a “neutral” rating and increased their price target for the stock from $10.00 to $18.00 in a research report on Monday, December 16th. Williams Trading set a $13.00 target price on Comstock Resources in a report on Wednesday, March 5th. StockNews.com raised Comstock Resources to a “sell” rating in a research note on Thursday, March 20th. Morgan Stanley reiterated a “cautious” rating and set a $22.00 price objective (up from $21.00) on shares of Comstock Resources in a research note on Wednesday. Finally, Truist Financial boosted their target price 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. Five research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Comstock Resources has a consensus rating of “Hold” and a consensus price target of $13.73.

Comstock Resources Stock Up 0.2 %

Shares of CRK opened at $19.87 on Friday. The company has a current ratio of 0.46, a quick ratio of 0.60 and a debt-to-equity ratio of 1.27. Comstock Resources has a 12 month low of $7.74 and a 12 month high of $22.06. The firm’s 50 day moving average is $19.01 and its 200-day moving average is $15.89. The stock has a market capitalization of $5.82 billion, a PE ratio of -26.14, a P/E/G ratio of 1.65 and a beta of 0.55.

Comstock Resources (NYSE:CRK) last released its quarterly earnings results on Tuesday, February 18th. The oil and gas producer reported $0.16 EPS 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 business had revenue of $366.51 million for the quarter, compared to the consensus estimate of $370.62 million.

Hedge Funds Weigh In On Comstock Resources

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of Montreal Can boosted its stake in shares of Comstock Resources by 1.9% in the 4th quarter. Bank of Montreal Can now owns 40,983 shares of the oil and gas producer’s stock valued at $747,000 after purchasing an additional 772 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in Comstock Resources by 140.0% in the third quarter. Sunbelt Securities Inc. now owns 2,400 shares of the oil and gas producer’s stock valued at $27,000 after buying an additional 1,400 shares during the period. VSM Wealth Advisory LLC bought a new stake in Comstock Resources during the fourth quarter valued at $27,000. Natixis Advisors LLC grew its holdings in Comstock Resources by 6.6% during the 4th quarter. Natixis Advisors LLC now owns 25,778 shares of the oil and gas producer’s stock worth $470,000 after acquiring an additional 1,585 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Comstock Resources by 3.5% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 52,539 shares of the oil and gas producer’s stock worth $957,000 after acquiring an additional 1,793 shares in the last quarter. 36.13% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Comstock Resources

In other news, Director Elizabeth B. Davis sold 8,000 shares of the business’s stock in a transaction dated Monday, December 30th. The stock was sold at an average price of $18.17, for a total transaction of $145,360.00. Following the sale, the director now directly owns 99,632 shares in the company, 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 document filed with the SEC, which is accessible through the SEC website. 2.00% of the stock is currently owned by company insiders.

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.