Capital One Financial Forecasts CRK Q1 Earnings

Comstock Resources, Inc. (NYSE:CRK - Free Report) - Analysts at Capital One Financial issued their Q1 2026 earnings per share estimates for Comstock Resources in a research note issued to investors on Wednesday, July 2nd. Capital One Financial analyst P. Johnston anticipates that the oil and gas producer will post earnings of $0.37 per share for the quarter. 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 $1.59 EPS.

Comstock Resources (NYSE:CRK - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The oil and gas producer reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.02. Comstock Resources had a negative return on equity of 0.67% and a negative net margin of 23.39%. The firm had revenue of $512.85 million during the quarter, compared to the consensus estimate of $408.99 million. During the same quarter in the previous year, the company posted ($0.03) earnings per share. The business's revenue was up 52.7% on a year-over-year basis.

Several other analysts also recently weighed in on CRK. Wall Street Zen upgraded Comstock Resources to a "sell" rating in a research report on Thursday, May 8th. Mizuho boosted their target price on Comstock Resources from $22.00 to $24.00 and gave the company a "neutral" rating in a research note on Tuesday, May 13th. UBS Group assumed coverage on Comstock Resources in a research note on Tuesday, April 22nd. They set a "neutral" rating and a $19.00 target price on the stock. Bank of America boosted their target price on Comstock Resources from $25.00 to $27.00 and gave the company a "buy" rating in a research note on Friday, May 23rd. Finally, Wolfe Research raised Comstock Resources from a "peer perform" rating to an "outperform" rating and set a $34.00 target price on the stock in a research note on Tuesday, June 17th. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $19.73.

Comstock Resources Trading Down 3.4%

CRK stock traded down $0.84 during midday trading on Friday, hitting $24.01. The company had a trading volume of 1,533,632 shares, compared to its average volume of 2,525,185. The company has a current ratio of 0.40, a quick ratio of 0.40 and a debt-to-equity ratio of 1.34. Comstock Resources has a 52 week low of $7.74 and a 52 week high of $31.17. The stock's 50 day moving average price is $24.45 and its 200 day moving average price is $20.79. The stock has a market cap of $7.03 billion, a price-to-earnings ratio of -21.63 and a beta of 0.37.

Institutional Investors Weigh In On Comstock Resources

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. VSM Wealth Advisory LLC purchased a new stake in Comstock Resources in the fourth quarter worth $27,000. Nisa Investment Advisors LLC grew its stake in Comstock Resources by 129.3% in the first quarter. Nisa Investment Advisors LLC now owns 2,075 shares of the oil and gas producer's stock worth $42,000 after purchasing an additional 1,170 shares during the period. Emerald Mutual Fund Advisers Trust purchased a new stake in Comstock Resources in the first quarter worth $52,000. Sterling Capital Management LLC grew its stake in Comstock Resources by 804.6% in the fourth quarter. Sterling Capital Management LLC now owns 2,958 shares of the oil and gas producer's stock worth $54,000 after purchasing an additional 2,631 shares during the period. Finally, Smartleaf Asset Management LLC grew its stake in Comstock Resources by 225.2% in 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. 36.13% of the stock is owned by hedge funds and other institutional investors.

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.