Q1 EPS Estimates for Comstock Resources Decreased by KeyCorp

Comstock Resources, Inc. (NYSE:CRK) – Equities researchers at KeyCorp reduced their Q1 2026 EPS estimates for Comstock Resources in a research report issued on Thursday, January 15th. KeyCorp analyst T. Rezvan now forecasts that the oil and gas producer will post earnings of $0.15 per share for the quarter, down from their prior forecast of $0.22. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. KeyCorp also issued estimates for Comstock Resources’ Q2 2026 earnings at $0.07 EPS, Q3 2026 earnings at $0.09 EPS, Q4 2026 earnings at $0.24 EPS, FY2026 earnings at $0.55 EPS, Q1 2027 earnings at $0.29 EPS, Q4 2027 earnings at $0.31 EPS and FY2027 earnings at $0.99 EPS.

Several other equities research analysts also recently weighed in on the company. UBS Group reissued a “sell” rating and issued a $18.00 price objective (up from $16.00) on shares of Comstock Resources in a report on Friday, December 12th. Zacks Research upgraded shares of Comstock Resources from a “strong sell” rating to a “hold” rating in a research note on Wednesday, November 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Comstock Resources in a research report on Monday, December 29th. Citigroup reaffirmed a “neutral” rating and issued a $25.00 target price (up from $24.00) on shares of Comstock Resources in a report on Wednesday, January 14th. Finally, Piper Sandler decreased their target price on shares of Comstock Resources from $9.00 to $8.00 and set an “underweight” rating for the company in a research note on Tuesday, November 18th. One analyst has rated the stock with a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $20.22.

Comstock Resources Trading Up 1.6%

NYSE:CRK opened at $21.19 on Monday. The company has a market capitalization of $6.21 billion, a PE ratio of 84.76 and a beta of 0.39. Comstock Resources has a 52-week low of $14.65 and a 52-week high of $31.17. The stock’s 50 day moving average price is $23.61 and its 200 day moving average price is $20.41. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 1.19.

Comstock Resources (NYSE:CRK) last posted 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. Comstock Resources had a return on equity of 6.71% and a net margin of 3.14%.The business had revenue of $449.85 million for the quarter, compared to analysts’ expectations of $433.54 million. During the same quarter in the previous year, the firm earned ($0.17) earnings per share. The business’s revenue was up 47.8% compared to the same quarter last year.

Institutional Trading of Comstock Resources

Several hedge funds have recently made changes to their positions in the company. Advisory Services Network LLC acquired a new position in shares of Comstock Resources during the third quarter worth about $27,000. Legacy Investment Solutions LLC purchased a new stake in Comstock Resources in the 2nd quarter valued at approximately $29,000. Jones Financial Companies Lllp increased its position in Comstock Resources by 671.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,581 shares of the oil and gas producer’s stock worth $31,000 after purchasing an additional 1,376 shares during the period. Atlantic Union Bankshares Corp acquired a new position in Comstock Resources during the 2nd quarter worth approximately $34,000. Finally, iSAM Funds UK Ltd purchased a new position in shares of Comstock Resources during the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 36.13% of the company’s stock.

About Comstock Resources

Comstock Resources, Inc is an independent energy company engaged in the acquisition, exploration, development and production of oil and natural gas properties in the United States. The company focuses on generating long-term value through the efficient development of unconventional resource plays and conventional prospects. Its activities encompass drilling, completion and production operations, as well as the marketing of natural gas, natural gas liquids and crude oil.

Comstock holds a core position in the Haynesville Shale of Northwest Louisiana, one of the most active natural gas plays in North America, and has built a complementary portfolio in the Delaware Basin of West Texas.