Capital One Financial Has Negative View of CRK Q3 Earnings

Key Points

• Capital One Financial has revised down its Q3 2025 earnings estimate for Comstock Resources to $0.13 per share, from a previous forecast of $0.18, reflecting concern over performance.
• Comstock Resources reported a Q2 2025 earnings per share of $0.13, exceeding the consensus estimate of $0.09, along with a significant revenue increase of 90.5% year-over-year.
• Analysts currently hold mixed ratings on Comstock Resources, with five recommending a sell, four a hold, and two a buy, indicating uncertainty in the company's stock outlook.

Comstock Resources, Inc. (NYSE:CRK - Free Report) - Equities researchers at Capital One Financial lowered their Q3 2025 earnings per share (EPS) estimates for shares of Comstock Resources in a report issued on Thursday, July 31st. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings per share of $0.13 for the quarter, down from their previous forecast of $0.18. The consensus estimate for Comstock Resources' current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Comstock Resources' Q4 2025 earnings at $0.14 EPS, FY2025 earnings at $0.58 EPS, Q1 2026 earnings at $0.31 EPS, Q2 2026 earnings at $0.35 EPS, Q3 2026 earnings at $0.38 EPS, Q4 2026 earnings at $0.41 EPS and FY2026 earnings at $1.45 EPS.

Several other research firms also recently weighed in on CRK. Citigroup restated a "neutral" rating and issued a $27.00 price target (up previously from $22.00) on shares of Comstock Resources in a research note on Friday, June 13th. Bank of America boosted their target price on Comstock Resources from $25.00 to $27.00 and gave the stock a "buy" rating in a research note on Friday, May 23rd. Mizuho boosted their target price on shares of Comstock Resources from $22.00 to $24.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 13th. Wall Street Zen raised shares of Comstock Resources to a "sell" rating in a research report on Thursday, May 8th. Finally, Morgan Stanley dropped their price objective on Comstock Resources from $21.00 to $19.00 and set an "equal weight" rating for the company in a research report on Monday. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $19.18.

Comstock Resources Price Performance

NYSE:CRK traded down $0.12 during trading hours on Monday, hitting $16.14. The stock had a trading volume of 825,509 shares, compared to its average volume of 2,441,954. The firm has a market capitalization of $4.73 billion, a price-to-earnings ratio of -67.37 and a beta of 0.28. Comstock Resources has a one year low of $8.90 and a one year high of $31.17. The company has a 50 day simple moving average of $23.78 and a two-hundred day simple moving average of $21.19. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.36 and a quick ratio of 0.36.

Comstock Resources (NYSE:CRK - Get Free Report) last released its earnings results on Wednesday, July 30th. The oil and gas producer reported $0.13 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.04. Comstock Resources had a positive return on equity of 3.65% and a negative net margin of 5.05%. The company had revenue of $470.26 million for the quarter, compared to analysts' expectations of $431.82 million. During the same period in the previous year, the business posted ($0.20) EPS. The business's revenue for the quarter was up 90.5% compared to the same quarter last year.

Institutional Investors Weigh In On Comstock Resources

Hedge funds have recently added to or reduced their stakes in the company. Illinois Municipal Retirement Fund increased its stake in 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 raised its holdings 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 worth $747,000 after purchasing an additional 772 shares in the last quarter. GAMMA Investing LLC boosted its stake in Comstock Resources by 17.6% in the 1st quarter. GAMMA Investing LLC now owns 6,803 shares of the oil and gas producer's stock worth $138,000 after purchasing an additional 1,017 shares during the period. Legacy Investment Solutions LLC acquired a new stake in Comstock Resources during the second quarter valued at $29,000. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of 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 buying an additional 1,145 shares during the last quarter. Institutional investors and hedge funds own 36.13% of the company's stock.

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.