Q4 Earnings Estimate for CRK Issued By Capital One Financial

Comstock Resources, Inc. (NYSE:CRK) – Research analysts at Capital One Financial reduced their Q4 2025 earnings estimates for Comstock Resources in a report issued on Wednesday, November 5th. Capital One Financial analyst P. Johnston now expects that the oil and gas producer will post earnings of $0.13 per share for the quarter, down from their previous forecast of $0.14. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Comstock Resources’ FY2028 earnings at $1.53 EPS.

Several other equities analysts have also issued reports on CRK. Zacks Research lowered Comstock Resources from a “hold” rating to a “strong sell” rating in a research note on Tuesday, October 14th. Mizuho set a $21.00 target price on shares of Comstock Resources and gave the company a “neutral” rating in a research report on Thursday, October 16th. Roth Capital downgraded shares of Comstock Resources from a “neutral” rating to a “sell” rating and lowered their target price for the company from $18.00 to $12.00 in a research note on Monday, August 18th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Comstock Resources in a report on Wednesday, October 8th. Finally, Morgan Stanley dropped their target price on Comstock Resources from $21.00 to $19.00 and set an “equal weight” rating on the stock in a research note on Monday, August 4th. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average target price of $19.70.

Comstock Resources Stock Up 3.4%

Shares of CRK traded up $0.74 during mid-day trading on Friday, hitting $22.54. The company’s stock had a trading volume of 677,950 shares, compared to its average volume of 2,516,211. The company’s 50-day moving average is $18.29 and its 200-day moving average is $20.56. Comstock Resources has a 52-week low of $12.96 and a 52-week high of $31.17. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of -93.60 and a beta of 0.24. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 1.24.

Comstock Resources (NYSE:CRK) last issued its earnings results on Monday, November 3rd. The oil and gas producer reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.05. The business had revenue of $449.85 million for the quarter, compared to analyst estimates of $433.54 million. Comstock Resources had a negative net margin of 5.05% and a positive return on equity of 3.65%. The company’s quarterly revenue was up 47.8% compared to the same quarter last year. During the same period last year, the company posted ($0.17) earnings per share.

Institutional Investors Weigh In On Comstock Resources

A number of hedge funds and other institutional investors have recently made changes to their positions in CRK. Wealth Enhancement Advisory Services LLC boosted its holdings in Comstock Resources by 11.0% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 11,599 shares of the oil and gas producer’s stock worth $236,000 after buying an additional 1,145 shares in the last quarter. Teacher Retirement System of Texas purchased a new stake in shares of Comstock Resources during the 1st quarter worth about $261,000. Principal Financial Group Inc. grew its position in shares of Comstock Resources by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 451,327 shares of the oil and gas producer’s stock valued at $9,180,000 after acquiring an additional 11,857 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of Comstock Resources by 129.3% in 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 purchasing an additional 1,170 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust acquired a new position in Comstock Resources in the 1st quarter worth about $52,000. 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.