Q3 Earnings Estimate for CRK Issued By Capital One Financial

Comstock Resources, Inc. (NYSE:CRK - Free Report) - Analysts at Capital One Financial cut their Q3 2025 earnings estimates for shares of Comstock Resources in a research report issued on Tuesday, April 15th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will earn $0.32 per share for the quarter, down from their previous estimate of $0.33. 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 $0.35 EPS, FY2025 earnings at $1.11 EPS and FY2026 earnings at $1.86 EPS.

Comstock Resources (NYSE:CRK - Get Free Report) last issued its earnings results on Tuesday, February 18th. The oil and gas producer reported $0.16 EPS for the quarter, beating the consensus estimate of $0.02 by $0.14. The business had revenue of $366.51 million for the quarter, compared to the consensus estimate of $370.62 million. Comstock Resources had a negative return on equity of 3.10% and a negative net margin of 18.32%.

Several other research firms have also recently weighed in on CRK. StockNews.com raised shares of Comstock Resources to a "sell" rating in a report on Saturday. UBS Group assumed coverage on Comstock Resources in a research report on Tuesday. They set a "neutral" rating and a $19.00 price objective for the company. Williams Trading set a $13.00 price target on Comstock Resources in a research note on Wednesday, March 5th. Piper Sandler boosted their target price on shares of Comstock Resources from $5.00 to $6.00 and gave the company an "underweight" rating in a research report on Wednesday, January 29th. Finally, Morgan Stanley reiterated a "cautious" rating and set a $22.00 price target (up previously from $21.00) on shares of Comstock Resources in a research note on Wednesday, March 26th. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $14.17.

Comstock Resources Stock Performance

NYSE CRK traded down $0.03 during trading hours on Thursday, hitting $18.61. The company's stock had a trading volume of 676,183 shares, compared to its average volume of 2,687,123. The company's 50 day simple moving average is $19.00 and its two-hundred day simple moving average is $16.95. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.46 and a quick ratio of 0.60. The company has a market cap of $5.45 billion, a P/E ratio of -24.53, a price-to-earnings-growth ratio of 1.65 and a beta of 0.42. Comstock Resources has a 12 month low of $7.74 and a 12 month high of $22.06.

Institutional Investors Weigh In On Comstock Resources

Several large investors have recently made changes to their positions in the company. VSM Wealth Advisory LLC bought a new position in Comstock Resources during the fourth quarter valued at $27,000. Sterling Capital Management LLC increased its stake in Comstock Resources by 804.6% in the 4th quarter. Sterling Capital Management LLC now owns 2,958 shares of the oil and gas producer's stock worth $54,000 after buying an additional 2,631 shares during the period. Smartleaf Asset Management LLC lifted its holdings in Comstock Resources by 225.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 3,359 shares of the oil and gas producer's stock valued at $64,000 after buying an additional 2,326 shares in the last quarter. Quarry LP purchased a new stake in Comstock Resources in the 4th quarter valued at about $70,000. Finally, KBC Group NV boosted its position in Comstock Resources by 46.8% in the 4th quarter. KBC Group NV now owns 6,480 shares of the oil and gas producer's stock valued at $118,000 after buying an additional 2,066 shares during the period. 36.13% of the stock is owned by 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.