Q3 EPS Estimate for Comstock Resources Reduced by Analyst

Key Points

• Analysts at Roth Capital have lowered their Q3 2025 earnings per share estimate for Comstock Resources from $0.11 to $0.10, reflecting a decrease in earnings expectations.
• In its recent quarterly earnings report, Comstock Resources outperformed expectations, reporting $0.13 EPS compared to the consensus estimate of $0.09 and a significant 90.5% year-over-year revenue increase to $470.26 million.
• The current average rating for Comstock Resources stock is "Hold" with a consensus target price of $19.64, as multiple analysts have issued varying ratings from sell to outperform.

Comstock Resources, Inc. (NYSE:CRK - Free Report) - Investment analysts at Roth Capital reduced their Q3 2025 earnings per share (EPS) estimates for shares of Comstock Resources in a note issued to investors on Thursday, July 31st. Roth Capital analyst L. Mariani now expects that the oil and gas producer will earn $0.10 per share for the quarter, down from their prior forecast of $0.11. The consensus estimate for Comstock Resources' current full-year earnings is $0.54 per share.

Comstock Resources (NYSE:CRK - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The oil and gas producer reported $0.13 earnings per share (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 business had revenue of $470.26 million during the quarter, compared to analyst estimates of $431.82 million. During the same period in the prior year, the company posted ($0.20) EPS. The business's revenue for the quarter was up 90.5% compared to the same quarter last year.

A number of other equities research analysts also recently weighed in on CRK. UBS Group cut their target price on Comstock Resources from $20.00 to $18.00 and set a "sell" rating for the company in a research report on Thursday. Wall Street Zen upgraded Comstock Resources to a "sell" rating in a research report on Thursday, May 8th. Mizuho upped their target price on Comstock Resources from $22.00 to $24.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 13th. Citigroup restated a "neutral" rating and issued a $27.00 target price (up from $22.00) on shares of Comstock Resources in a research report on Friday, June 13th. Finally, Wolfe Research upgraded Comstock Resources from a "peer perform" rating to an "outperform" rating and set a $34.00 target price for the company in a research report on Tuesday, June 17th. Five research analysts have rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Comstock Resources currently has an average rating of "Hold" and a consensus target price of $19.64.

Comstock Resources Stock Performance

Shares of CRK stock opened at $16.42 on Monday. The firm has a market capitalization of $4.81 billion, a price-to-earnings ratio of -68.41 and a beta of 0.28. 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 has a 12-month low of $7.74 and a 12-month high of $31.17. The business has a 50 day simple moving average of $24.24 and a 200 day simple moving average of $21.29.

Institutional Investors Weigh In On Comstock Resources

Institutional investors and hedge funds have recently modified their holdings of the stock. Townsquare Capital LLC acquired a new stake in shares of Comstock Resources during the 4th quarter valued at $202,000. GAMMA Investing LLC lifted its position in shares of Comstock Resources by 17.6% during the 1st 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 during the last quarter. Illinois Municipal Retirement Fund lifted 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 acquiring an additional 550 shares during the last quarter. Nisa Investment Advisors LLC lifted its position 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 valued at $42,000 after acquiring an additional 1,170 shares during the last quarter. Finally, Sterling Capital Management LLC lifted its holdings in shares of 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 valued at $54,000 after purchasing an additional 2,631 shares in 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.

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