NYSE:CRKComstock Resources Stock Price, Forecast & News

Comstock Resources' stock was trading at $4.79 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CRK shares have decreased by 3.1% and is now trading at $4.64. View which stocks have been most impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Comstock Resources in the last year. There are currently 2 hold ratings and 6 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 Wednesday, August 5th 2020. View our earnings forecast for Comstock Resources.

Comstock Resources Inc (NYSE:CRK) released its earnings results on Wednesday, May, 6th. The oil and gas producer reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.06 by $0.06. The oil and gas producer had revenue of $225.88 million for the quarter, compared to the consensus estimate of $242.75 million. Comstock Resources had a net margin of 14.45% and a return on equity of 14.63%. View Comstock Resources' earnings history.

Comstock Resources's stock 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 closing bell 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.

8 analysts have issued 12 month price targets for Comstock Resources' shares. Their forecasts range from $5.50 to $11.00. On average, they anticipate Comstock Resources' share price to reach $7.92 in the next twelve months. This suggests a possible upside of 70.6% from the stock's current price. View analysts' price targets for Comstock Resources.

Media stories about CRK stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Comstock Resources earned a news impact score of -3.2 on InfoTrie's scale. They also assigned headlines about the oil and gas producer a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about Comstock Resources.

Comstock Resources saw a decline in short interest during the month of June. As of June 30th, there was short interest totaling 1,630,000 shares, a decline of 13.3% from the June 15th total of 1,880,000 shares. Based on an average daily volume of 1,500,000 shares, the short-interest ratio is currently 1.1 days. Currently, 2.7% of the company's stock 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), Apache (APA), Noble Energy (NBL), Marathon Oil (MRO), Devon Energy (DVN), EQT (EQT), WPX Energy (WPX), Cimarex Energy (XEC) and Range Resources (RRC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Comstock Resources investors own include CVS Health (CVS), Bank of America (BAC), Advanced Micro Devices (AMD), Chesapeake Energy (CHK), T-Mobile Us (TMUS), Boeing (BA), AT&T (T), Walt Disney (DIS), Micron Technology (MU) and Occidental Petroleum (OXY).

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

Comstock Resources' stock is owned by many different institutional and retail investors. Top institutional shareholders include Envestnet Asset Management Inc. (0.07%). Company insiders that own Comstock Resources stock include Jim L Turner, M Jay Allison, Roland O Burns, Russell W Romoser and Star Exploration Corp Blue. View institutional ownership trends for Comstock Resources.

CRK stock was acquired by a variety of institutional investors in the last quarter, including Envestnet Asset Management Inc.. Company insiders that have bought Comstock Resources stock in the last two years include Jim L Turner, M Jay Allison, Roland O Burns, and Star Exploration Corp Blue. View insider buying and selling activity for Comstock Resources.

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 $4.64.

Comstock Resources has a market capitalization of $883.87 million 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.

The official website for Comstock Resources is 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]