Q2 EPS Estimates for CRK Decreased by Capital One Financial

Comstock Resources, Inc. (NYSE:CRK - Free Report) - Capital One Financial cut their Q2 2025 earnings per share estimates for Comstock Resources in a report issued on Friday, May 2nd. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings of $0.26 per share for the quarter, down from their prior forecast of $0.29. The consensus estimate for Comstock Resources' current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Comstock Resources' Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.34 EPS, FY2025 earnings at $1.08 EPS, FY2026 earnings at $1.82 EPS, FY2027 earnings at $1.22 EPS and FY2028 earnings at $1.43 EPS.

Comstock Resources (NYSE:CRK - Get Free Report) last released its quarterly earnings results on Wednesday, April 30th. The oil and gas producer reported $0.18 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.02. Comstock Resources had a negative return on equity of 3.10% and a negative net margin of 18.32%. 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 prior year, the firm posted ($0.03) EPS. The business's revenue was up 52.7% on a year-over-year basis.

Several other equities research analysts also recently commented on the company. Williams Trading set a $13.00 price objective on Comstock Resources in a report on Wednesday, March 5th. Piper Sandler raised their price target on shares of Comstock Resources from $5.00 to $6.00 and gave the stock an "underweight" rating in a research report on Wednesday, January 29th. Truist Financial upped their target price on Comstock Resources from $11.00 to $19.00 and gave the company a "hold" rating in a research report on Monday, January 13th. Morgan Stanley reissued a "cautious" rating and issued a $22.00 price objective (up from $21.00) on shares of Comstock Resources in a research note on Wednesday, March 26th. Finally, StockNews.com upgraded shares of Comstock Resources to a "sell" rating in a research note on Thursday. Five analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $14.23.

Comstock Resources Stock Up 2.0 %

CRK traded up $0.46 during trading hours on Monday, hitting $23.03. 344,102 shares of the company's stock were exchanged, compared to its average volume of 2,635,416. Comstock Resources has a 1-year low of $7.74 and a 1-year high of $23.16. The stock has a market cap of $6.75 billion, a price-to-earnings ratio of -30.30, a PEG ratio of 1.65 and a beta of 0.14. The company has a quick ratio of 0.60, a current ratio of 0.46 and a debt-to-equity ratio of 1.27. The stock's 50-day moving average is $19.24 and its two-hundred day moving average is $17.59.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Illinois Municipal Retirement Fund grew its position in shares of Comstock Resources by 1.2% during the 1st quarter. Illinois Municipal Retirement Fund now owns 45,075 shares of the oil and gas producer's stock worth $917,000 after buying an additional 550 shares during the period. Bank of Montreal Can lifted its position in shares of Comstock Resources by 1.9% during the fourth 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 in the last quarter. GAMMA Investing LLC grew its holdings in shares of Comstock Resources by 17.6% in the first quarter. GAMMA Investing LLC now owns 6,803 shares of the oil and gas producer's stock valued at $138,000 after acquiring an additional 1,017 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Comstock Resources by 11.0% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,599 shares of the oil and gas producer's stock worth $236,000 after purchasing an additional 1,145 shares during the period. Finally, Nisa Investment Advisors LLC boosted 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 valued at $42,000 after acquiring an additional 1,170 shares during the last quarter. Institutional investors 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.