NYSE:CRK - Comstock Resources Stock Price, Forecast & News

Comstock Resources' stock was trading at $4.79 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, CRK shares have increased by 12.5% and is now trading at $5.39. View which stocks have been mosted impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comstock Resources in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Comstock Resources.

Comstock Resources is scheduled to release its next quarterly earnings announcement on Thursday, May 14th 2020. View our earnings forecast for Comstock Resources.

Comstock Resources Inc (NYSE:CRK) posted its quarterly earnings data on Wednesday, February, 26th. The oil and gas producer reported $0.22 EPS for the quarter, beating the Zacks' consensus estimate of $0.18 by $0.04. The oil and gas producer earned $289.25 million during the quarter, compared to analyst estimates of $298.40 million. Comstock Resources had a return on equity of 15.74% and a net margin of 12.60%. View Comstock Resources' earnings history.

Shares of Comstock Resources reverse split before market open on 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 Comstock Resources stock prior to the reverse split would have 20 shares after the split.

6 brokerages have issued 12-month price objectives for Comstock Resources' shares. Their forecasts range from $6.50 to $11.00. On average, they anticipate Comstock Resources' stock price to reach $8.30 in the next twelve months. This suggests a possible upside of 54.0% from the stock's current price. View analysts' price targets for Comstock Resources.

Media coverage about CRK stock has been trending very negative recently, InfoTrie Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Comstock Resources earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media coverage about the oil and gas producer a news buzz of 4.0 out of 10, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutComstock Resources.

Comstock Resources saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,838,900 shares, an increase of 8.4% from the February 27th total of 2,620,000 shares. Based on an average trading volume of 443,700 shares, the short-interest ratio is currently 6.4 days. Currently, 15.1% of the shares of the company are short sold. View Comstock Resources' Current Options Chain.

Some companies that are related to Comstock Resources include ConocoPhillips (COP), EOG Resources (EOG), Pioneer Natural Resources (PXD), Concho Resources (CXO), Cabot Oil & Gas (COG), Diamondback Energy (FANG), Continental Resources (CLR), Marathon Oil (MRO), Noble Energy (NBL), Devon Energy (DVN), Apache (APA), EQT (EQT), Cimarex Energy (XEC), WPX Energy (WPX) and SRC Energy (SRCI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Comstock Resources investors own include Chesapeake Energy (CHK), CVS Health (CVS), Advanced Micro Devices (AMD), AbbVie (ABBV), AT&T (T), Intel (INTC), T-Mobile Us (TMUS), Bank of America (BAC), Micron Technology (MU) and Tesla (TSLA).

Comstock Resources trades on the New York Stock Exchange (NYSE) under the ticker symbol "CRK."

Shares of CRK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of CRK stock can currently be purchased for approximately $5.39.

Comstock Resources has a market capitalization of $1.02 billion and generates $768.69 million in revenue each year. The oil and gas producer earns $96.89 million in net income (profit) each year or $0.77 on an earnings per share basis. Comstock Resources employs 113 workers across the globe. View additional information about Comstock Resources.

The official website for Comstock Resources is http://www.crkfrisco.com/.

Comstock Resources' mailing address is 5300 TOWN AND COUNTRY BLVD STE 500, FRISCO TX, 75034. The oil and gas producer can be reached via phone at 972-668-8800 or via email at [email protected]