Q2 EPS Estimates for CRK Decreased by Capital One Financial

Comstock Resources, Inc. (NYSE:CRK - Free Report) - Capital One Financial decreased their Q2 2025 earnings per share (EPS) estimates for Comstock Resources in a research note issued to investors on Friday, May 2nd. Capital One Financial analyst P. Johnston now anticipates that the oil and gas producer will post earnings per share of $0.26 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 posted its quarterly earnings results on Wednesday, April 30th. The oil and gas producer reported $0.18 EPS 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 analyst estimates of $408.99 million. During the same period last year, the company earned ($0.03) earnings per share. The business's revenue for the quarter was up 52.7% on a year-over-year basis.

Several other brokerages have also issued reports on CRK. Truist Financial lifted 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. UBS Group initiated coverage on Comstock Resources in a report on Tuesday, April 22nd. They issued a "neutral" rating and a $19.00 price objective on the stock. Morgan Stanley reissued a "cautious" rating and set a $22.00 price target (up previously from $21.00) on shares of Comstock Resources in a research report on Wednesday, March 26th. Williams Trading set a $13.00 target price on Comstock Resources in a research note on Wednesday, March 5th. Finally, Piper Sandler increased their price target on shares of Comstock Resources from $5.00 to $6.00 and gave the stock an "underweight" rating in a research note on Wednesday, January 29th. Five analysts have rated the stock with a sell rating, eight have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $14.23.

Comstock Resources Price Performance

NYSE CRK traded up $0.35 on Monday, hitting $21.59. The stock had a trading volume of 3,140,728 shares, compared to its average volume of 2,645,498. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.60 and a current ratio of 0.46. Comstock Resources has a 52-week low of $7.74 and a 52-week high of $22.06. The company has a market capitalization of $6.32 billion, a price-to-earnings ratio of -28.41, a price-to-earnings-growth ratio of 1.65 and a beta of 0.14. The firm has a 50-day moving average of $19.06 and a 200-day moving average of $17.48.

Institutional Trading of Comstock Resources

Institutional investors have recently added to or reduced their stakes in the business. Illinois Municipal Retirement Fund increased 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 valued at $917,000 after purchasing an additional 550 shares during the last quarter. Bank of Montreal Can increased its holdings in 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 buying an additional 772 shares during the last quarter. GAMMA Investing LLC increased its holdings in Comstock Resources by 17.6% during the first quarter. GAMMA Investing LLC now owns 6,803 shares of the oil and gas producer's stock valued at $138,000 after buying an additional 1,017 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Comstock Resources by 11.0% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,599 shares of the oil and gas producer's stock worth $236,000 after acquiring an additional 1,145 shares during the period. Finally, Nisa Investment Advisors LLC boosted its stake in shares of Comstock Resources by 129.3% during the 1st quarter. Nisa Investment Advisors LLC now owns 2,075 shares of the oil and gas producer's stock worth $42,000 after acquiring an additional 1,170 shares during the last quarter. 36.13% of the stock is currently 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.