NYSE:CRK Comstock Resources (CRK) Stock Forecast, Price & News $10.34 -0.12 (-1.15%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$10.30▼$10.6250-Day Range$10.47▼$12.8252-Week Range$9.07▼$21.17Volume2.29 million shsAverage Volume4.06 million shsMarket Capitalization$2.88 billionP/E Ratio2.98Dividend Yield4.83%Price Target$13.75 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Comstock Resources MarketRank™ ForecastAnalyst RatingHold2.09 Rating ScoreUpside/Downside32.9% Upside$13.75 Price TargetShort InterestBearish18.89% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-7.89Upright™ Environmental ScoreNews Sentiment0.34Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth162.16%From $0.74 to $1.94 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.22 out of 5 starsEnergy Sector8th out of 15 stocksOil & Gas E&P Industry4th out of 4 stocks 3.0 Analyst's Opinion Consensus RatingComstock Resources has received a consensus rating of Hold. The company's average rating score is 2.09, and is based on 2 buy ratings, 8 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.75, Comstock Resources has a forecasted upside of 32.9% from its current price of $10.35.Amount of Analyst CoverageComstock Resources has only been the subject of 4 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted18.89% of the float of Comstock Resources has been sold short.Short Interest Ratio / Days to CoverComstock Resources has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Comstock Resources has recently increased by 0.95%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipComstock Resources is a leading dividend payer. It pays a dividend yield of 4.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthComstock Resources does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Comstock Resources is 14.41%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Comstock Resources will have a dividend payout ratio of 25.77% next year. This indicates that Comstock Resources will be able to sustain or increase its dividend. Previous Next 0.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreComstock Resources has received a -69.49% net impact score from Upright. The largest negative impact of Comstock Resources in category "GHG emissions" seems to be driven mostly by its "Crude natural gas", "Natural gas exploration services", and "Oil exploration services" products. See details.Environmental SustainabilityThe Environmental Impact score for Comstock Resources is -7.89. Previous Next 1.9 News and Social Media Coverage News SentimentComstock Resources has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Energy companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Comstock Resources this week, compared to 4 articles on an average week.Search InterestOnly 9 people have searched for CRK on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Comstock Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Comstock Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.50% of the stock of Comstock Resources is held by insiders.Percentage Held by InstitutionsOnly 32.58% of the stock of Comstock Resources is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Comstock Resources are expected to grow by 162.16% in the coming year, from $0.74 to $1.94 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Comstock Resources is 2.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.65.Price to Earnings Ratio vs. SectorThe P/E ratio of Comstock Resources is 2.98, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 112.18.Price to Book Value per Share RatioComstock Resources has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Comstock Resources (NYSE:CRK) StockComstock Resources, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of oil and natural gas primarily in North Louisiana and East Texas, the United States. The company was incorporated in 1919 and is based in Frisco, Texas.Read More CRK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CRK Stock News HeadlinesSeptember 20, 2023 | finance.yahoo.comCOMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATIONSeptember 20, 2023 | finance.yahoo.comCOMSTOCK RESOURCES, INC. ANNOUNCES THIRD QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATIONSeptember 22, 2023 | Behind the Markets (Ad)6.5 Million Americans Are DESPERATE for This New Drug from One Tiny CompanyDecades of pent-up demand for this "first-ever" treatment could give you WINDFALL PROFITS... Click here to learn more >>>September 19, 2023 | americanbankingnews.comComstock Resources (NYSE:CRK) Price Target Cut to $14.00September 13, 2023 | americanbankingnews.comComstock Resources (NYSE:CRK) Shares Gap Up on Analyst UpgradeSeptember 12, 2023 | finance.yahoo.comComstock Resources, Inc. (NYSE:CRK) Shares Could Be 49% Below Their Intrinsic Value EstimateSeptember 12, 2023 | americanbankingnews.comComstock Resources (NYSE:CRK) Given New $12.00 Price Target at Truist FinancialSeptember 11, 2023 | markets.businessinsider.com3 Analysts Have This to Say About Comstock ResourcesSeptember 22, 2023 | Behind the Markets (Ad)6.5 Million Americans Are DESPERATE for This New Drug from One Tiny CompanyDecades of pent-up demand for this "first-ever" treatment could give you WINDFALL PROFITS... Click here to learn more >>>September 1, 2023 | gurufocus.comWhat's Driving Comstock Resources Inc's Surprising 39% Stock Rally?August 16, 2023 | markets.businessinsider.comThe Latest Analyst Ratings for Comstock ResourcesAugust 16, 2023 | finance.yahoo.comBullish Comstock Resources Insiders Loaded Up On US$3.6m Of StockAugust 7, 2023 | seekingalpha.comComstock Resources: Treading WaterAugust 3, 2023 | markets.businessinsider.comTruist Financial Sticks to Its Hold Rating for Comstock Resources (CRK)August 2, 2023 | finance.yahoo.comWith EPS Growth And More, Comstock Resources (NYSE:CRK) Makes An Interesting CaseAugust 2, 2023 | finance.yahoo.comQ2 2023 Comstock Resources Inc Earnings CallAugust 2, 2023 | markets.businessinsider.comMizuho Securities Remains a Hold on Comstock Resources (CRK)August 1, 2023 | finance.yahoo.comComstock (CRK) Q2 Earnings: How Key Metrics Compare to Wall Street EstimatesAugust 1, 2023 | seekingalpha.comComstock Resources, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 1, 2023 | seekingalpha.comComstock Resources: Dealing With Significantly Negative Near-Term Free Cash FlowJuly 31, 2023 | finance.yahoo.comCOMSTOCK RESOURCES, INC. REPORTS SECOND QUARTER 2023 FINANCIAL AND OPERATING RESULTSJuly 31, 2023 | finance.yahoo.comComstock Resources (CRK) Reports Break-Even Earnings for Q2July 28, 2023 | benzinga.comEarnings Preview: Comstock ResourcesJuly 26, 2023 | finance.yahoo.comEarnings Preview: Pioneer Natural Resources (PXD) Q2 Earnings Expected to DeclineJuly 20, 2023 | seekingalpha.comComstock Resources Stock: Now Or NeverJuly 5, 2023 | finance.yahoo.comCOMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATIONJuly 5, 2023 | finance.yahoo.comCOMSTOCK RESOURCES, INC. ANNOUNCES SECOND QUARTER 2023 EARNINGS DATE AND CONFERENCE CALL INFORMATIONSee More Headlines Receive CRK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Comstock Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address CRK Company Calendar Last Earnings5/02/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today9/22/2023Next Earnings (Confirmed)10/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil & Gas E&P Sub-IndustryOil & Gas Exploration & Production SectorEnergy Current SymbolNYSE:CRK CUSIP20576820 CIK23194 Webwww.crkfrisco.com Phone(972) 668-8800Fax972-668-8812Employees244Year FoundedN/APrice Target and Rating Average Stock Price Forecast$13.75 High Stock Price Forecast$21.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+33.2%Consensus RatingHold Rating Score (0-4)2.09 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$3.47 Trailing P/E Ratio2.97 Forward P/E Ratio13.95 P/E GrowthN/ANet Income$1.14 billion Net Margins33.36% Pretax Margin40.61% Return on Equity33.28% Return on Assets12.51% Debt Debt-to-Equity Ratio0.95 Current Ratio0.37 Quick Ratio0.37 Sales & Book Value Annual Sales$3.63 billion Price / Sales0.79 Cash Flow$6.37 per share Price / Cash Flow1.62 Book Value$9.75 per share Price / Book1.06Miscellaneous Outstanding Shares278,480,000Free Float274,303,000Market Cap$2.87 billion OptionableOptionable Beta1.23 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Miles Jay Allison (Age 67)Chairman of Directors & CEO Comp: $5.95MMr. Roland O. Burns (Age 63)Pres, CFO, Sec. & Director Comp: $2.94MMr. Daniel S. Harrison (Age 59)Chief Operating Officer Comp: $1.29MMr. Daniel K. Presley (Age 63)VP of Accounting, Controller & Treasurer Comp: $698.31kMr. Ronald Eugene Mills (Age 51)VP of Fin. & Investor Relations Mr. Clifford Doyle Newell III (Age 44)VP of Corp. Devel. & Chief Commercial Officer Mr. Michael D. McBurney (Age 68)Exec. Officer Mr. Patrick H. McgoughVP of OperationsMore ExecutivesKey CompetitorsKosmos EnergyNYSE:KOSCallon PetroleumNYSE:CPESM EnergyNYSE:SMSilverBow ResourcesNYSE:SBOWPDC EnergyNASDAQ:PDCEView All CompetitorsInsiders & InstitutionsWolverine Trading LLCSold 23,800 shares on 8/23/2023Ownership: 0.000%Virginia Retirement Systems ET ALBought 30,400 shares on 8/22/2023Ownership: 0.011%California State Teachers Retirement SystemBought 36,464 shares on 8/21/2023Ownership: 0.055%Teachers Retirement System of The State of KentuckyBought 1,516 shares on 8/21/2023Ownership: 0.011%Osaic Holdings Inc.Sold 12,979 shares on 8/21/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions CRK Stock - Frequently Asked Questions Should I buy or sell Comstock Resources stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Comstock Resources in the last twelve months. There are currently 1 sell rating, 8 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CRK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CRK, but not buy additional shares or sell existing shares. View CRK analyst ratings or view top-rated stocks. What is Comstock Resources' stock price forecast for 2023? 11 equities research analysts have issued twelve-month target prices for Comstock Resources' shares. Their CRK share price forecasts range from $12.00 to $21.00. On average, they expect the company's stock price to reach $13.75 in the next twelve months. This suggests a possible upside of 33.2% from the stock's current price. View analysts price targets for CRK or view top-rated stocks among Wall Street analysts. How have CRK shares performed in 2023? Comstock Resources' stock was trading at $13.71 on January 1st, 2023. Since then, CRK shares have decreased by 24.7% and is now trading at $10.32. View the best growth stocks for 2023 here. Are investors shorting Comstock Resources? Comstock Resources saw a increase in short interest in August. As of August 15th, there was short interest totaling 16,910,000 shares, an increase of 10.3% from the July 31st total of 15,330,000 shares. Based on an average daily volume of 3,260,000 shares, the days-to-cover ratio is presently 5.2 days. Approximately 18.7% of the company's stock are sold short. View Comstock Resources' Short Interest. When is Comstock Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 30th 2023. View our CRK earnings forecast. How can I listen to Comstock Resources' earnings call? Comstock Resources will be holding an earnings conference call on Tuesday, October 31st at 11:00 AM Eastern. Interested parties can register for or listen to the call using this link. How were Comstock Resources' earnings last quarter? Comstock Resources, Inc. (NYSE:CRK) posted its quarterly earnings data on Tuesday, May, 2nd. The oil and gas producer reported $0.33 EPS for the quarter, meeting analysts' consensus estimates of $0.33. The oil and gas producer had revenue of $489.58 million for the quarter, compared to analyst estimates of $433.84 million. Comstock Resources had a net margin of 33.36% and a trailing twelve-month return on equity of 33.28%. The company's quarterly revenue was down 6.7% on a year-over-year basis. During the same period last year, the firm earned $0.51 EPS. How often does Comstock Resources pay dividends? What is the dividend yield for Comstock Resources? Comstock Resources declared a quarterly dividend on Monday, July 31st. Stockholders of record on Friday, September 1st will be given a dividend of $0.125 per share on Friday, September 15th. This represents a $0.50 annualized dividend and a dividend yield of 4.84%. The ex-dividend date is Thursday, August 31st. Read our dividend analysis for CRK. What ETFs hold Comstock Resources' stock? ETFs with the largest weight of Comstock Resources (NYSE:CRK) stock in their portfolio include The Acquirers Fund (ZIG), Invesco Energy Exploration & Production ETF (PXE), Invesco S&P SmallCap Energy ETF (PSCE), SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), First Trust Natural Gas ETF (FCG), Euclidean Fundamental Value ETF (ECML) and Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH). Is Comstock Resources a good dividend stock? Comstock Resources (NYSE:CRK) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.69%. CRK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 14.41%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CRK will have a dividend payout ratio of 25.77% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CRK. When did Comstock Resources' stock split? Comstock Resources shares reverse split on the morning of Monday, August 1st 2016. The 1-5 reverse split was announced on Wednesday, July 20th 2016. The number of shares owned by shareholders was adjusted after the market closes on Friday, July 29th 2016. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. What other stocks do shareholders of Comstock Resources own? Based on aggregate information from My MarketBeat watchlists, some companies that other Comstock Resources investors own include CVS Health (CVS), Advanced Micro Devices (AMD), Bank of America (BAC), Micron Technology (MU), Pfizer (PFE), AT&T (T), Alibaba Group (BABA), Chesapeake Energy (CHKAQ), Constellation Brands (STZ) and AbbVie (ABBV). What is Comstock Resources' stock symbol? Comstock Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRK." Who are Comstock Resources' major shareholders? Comstock Resources' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.21%), State Street Corp (3.38%), Dimensional Fund Advisors LP (1.70%), Bank of New York Mellon Corp (1.17%), Woodline Partners LP (0.94%) and Geode Capital Management LLC (0.65%). Insiders that own company stock include Brian Christopher Claunch, Jim L Turner, M Jay Allison, Morris E Foster, Patrick Mcgough and Roland O Burns. View institutional ownership trends. How do I buy shares of Comstock Resources? Shares of CRK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Comstock Resources' stock price today? One share of CRK stock can currently be purchased for approximately $10.32. How much money does Comstock Resources make? Comstock Resources (NYSE:CRK) has a market capitalization of $2.87 billion and generates $3.63 billion in revenue each year. The oil and gas producer earns $1.14 billion in net income (profit) each year or $3.47 on an earnings per share basis. How many employees does Comstock Resources have? The company employs 244 workers across the globe. How can I contact Comstock Resources? Comstock Resources' mailing address is 5300 TOWN AND COUNTRY BLVD STE 500, FRISCO TX, 75034. The official website for the company is www.crkfrisco.com. The oil and gas producer can be reached via phone at (972) 668-8800, via email at investor@comstockresources.com, or via fax at 972-668-8812. This page (NYSE:CRK) was last updated on 9/22/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Comstock Resources, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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