NYSE:CRK

Comstock Resources (CRK) Stock Price, News & Analysis

$9.98
+0.12 (+1.22%)
(As of 05/3/2024 ET)
Today's Range
$9.84
$10.14
50-Day Range
$7.88
$10.40
52-Week Range
$7.07
$13.39
Volume
2.38 million shs
Average Volume
4.50 million shs
Market Capitalization
$2.92 billion
P/E Ratio
45.37
Dividend Yield
N/A
Price Target
$9.75

Comstock Resources MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
2.3% Downside
$9.75 Price Target
Short Interest
Bearish
37.19% of Float Sold Short
Dividend Strength
N/A
Sustainability
-7.89
Upright™ Environmental Score
News Sentiment
0.50mentions of Comstock Resources in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$100.50 M Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.13) to $0.82 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.72 out of 5 stars

Oils/Energy Sector

1128th out of 1,421 stocks

Crude Petroleum & Natural Gas Industry

379th out of 462 stocks

CRK stock logo

About Comstock Resources Stock (NYSE:CRK)

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.

CRK Stock Price History

CRK Stock News Headlines

The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
Comstock: Q1 Earnings Snapshot
The asset beating inflation by 4x
"Trump Loophole" Beats Inflation? Inflation has been out of control for years. Forcing you to work longer and harder for more money that is worth less. By using the "Trump Loophole", you can use a special retirement account to buy gold — and other precious metals — without taxes or penalties.
Comstock Resources (NYSE:CRK) Upgraded to Sell by StockNews.com
Comstock Resources: Another Jerry Jones 'Draft Pick'
Comstock Resources (CRK) Set to Announce Earnings on Wednesday
Decoding 7 Analyst Evaluations For Comstock Resources
Truist Financial Keeps Their Hold Rating on Comstock Resources (CRK)
Jerry Jones Boosts Natural Gas Bet by $100 Million
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/03/2024
Next Earnings (Estimated)
7/29/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
Oil & Gas Exploration & Production
CUSIP
20576820
Employees
251
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$9.75
High Stock Price Target
$13.50
Low Stock Price Target
$8.00
Potential Upside/Downside
-2.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
8 Analysts

Profitability

Net Income
$211.12 million
Pretax Margin
15.78%

Debt

Sales & Book Value

Annual Sales
$1.57 billion
Cash Flow
$2.75 per share
Book Value
$8.56 per share

Miscellaneous

Free Float
287,819,000
Market Cap
$2.92 billion
Optionable
Optionable
Beta
0.70
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CRK Stock Analysis - Frequently Asked Questions

Should I buy or sell Comstock Resources stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comstock Resources in the last year. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRK, but not buy additional shares or sell existing shares.
View CRK analyst ratings
or view top-rated stocks.

What is Comstock Resources' stock price target for 2024?

8 brokerages have issued 1-year price objectives for Comstock Resources' shares. Their CRK share price targets range from $8.00 to $13.50. On average, they anticipate the company's stock price to reach $9.75 in the next twelve months. This suggests that the stock has a possible downside of 2.3%.
View analysts price targets for CRK
or view top-rated stocks among Wall Street analysts.

How have CRK shares performed in 2024?

Comstock Resources' stock was trading at $8.85 at the beginning of the year. Since then, CRK stock has increased by 12.8% and is now trading at $9.98.
View the best growth stocks for 2024 here
.

Are investors shorting Comstock Resources?

Comstock Resources saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 29,330,000 shares, an increase of 15.7% from the March 31st total of 25,340,000 shares. Based on an average daily trading volume, of 4,510,000 shares, the days-to-cover ratio is presently 6.5 days. Approximately 37.2% of the company's stock are short sold.
View Comstock Resources' Short Interest
.

When is Comstock Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, July 29th 2024.
View our CRK earnings forecast
.

How were Comstock Resources' earnings last quarter?

Comstock Resources, Inc. (NYSE:CRK) posted its quarterly earnings results on Wednesday, May, 1st. The oil and gas producer reported ($0.03) EPS for the quarter, topping analysts' consensus estimates of ($0.08) by $0.05. The oil and gas producer had revenue of $335.77 million for the quarter, compared to analyst estimates of $343.97 million. Comstock Resources had a trailing twelve-month return on equity of 1.27% and a net margin of 4.27%. The company's revenue for the quarter was down 31.4% compared to the same quarter last year. During the same period last year, the business posted $0.33 EPS.

How often does Comstock Resources pay dividends? What is the dividend yield for Comstock Resources?

Comstock Resources announced a quarterly dividend on Monday, October 30th. Shareholders of record on Friday, December 1st will be given a dividend of $0.125 per share on Friday, December 15th. This represents a $0.50 annualized dividend and a dividend yield of 5.01%. The ex-dividend date of this dividend is Thursday, November 30th.
Read our dividend analysis for CRK
.

When did Comstock Resources' stock split?

Comstock Resources's stock reverse split on the morning of Monday, August 1st 2016. The 1-5 reverse split was announced on Wednesday, July 20th 2016. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 29th 2016. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split.

What other stocks do shareholders of Comstock Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Comstock Resources investors own include CVS Health (CVS), Advanced Micro Devices (AMD), Bank of America (BAC), Micron Technology (MU), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Chesapeake Energy (CHKAQ), Constellation Brands (STZ) and AbbVie (ABBV).

Who are Comstock Resources' major shareholders?

Comstock Resources' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.22%), Principal Financial Group Inc. (0.17%), Janney Montgomery Scott LLC (0.12%), GSA Capital Partners LLP (0.10%), BNP Paribas Financial Markets (0.09%) and Simplex Trading LLC (0.00%). Insiders that own company stock include Brian Christopher Claunch, Jim L Turner, M Jay Allison, Morris E Foster, Patrick Mcgough, Roland O Burns and Star Exploration Corp Blue.
View institutional ownership trends
.

How do I buy shares of Comstock Resources?

Shares of CRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:CRK) was last updated on 5/4/2024 by MarketBeat.com Staff

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