Capital One Financial Has Strong Outlook for CRK Q3 Earnings

Comstock Resources, Inc. (NYSE:CRK) – Capital One Financial raised their Q3 2025 earnings per share estimates for Comstock Resources in a research report issued on Wednesday, March 26th. Capital One Financial analyst P. Johnston now forecasts that the oil and gas producer will post earnings of $0.15 per share for the quarter, up from their previous estimate of $0.13. The consensus estimate for Comstock Resources’ current full-year earnings is $0.54 per share. Capital One Financial also issued estimates for Comstock Resources’ FY2025 earnings at $0.57 EPS.

Comstock Resources (NYSE:CRK) last announced its quarterly earnings data on Tuesday, February 18th. The oil and gas producer reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.14. Comstock Resources had a negative return on equity of 3.10% and a negative net margin of 18.32%. The company had revenue of $366.51 million during the quarter, compared to the consensus estimate of $370.62 million.

CRK has been the topic of a number of other research reports. Citigroup lifted their target price on shares of Comstock Resources from $12.50 to $15.50 and gave the company a “neutral” rating in a research note on Friday, December 6th. StockNews.com raised Comstock Resources to a “sell” rating in a research note on Thursday, March 20th. Piper Sandler lifted their target price on Comstock Resources from $5.00 to $6.00 and gave the company an “underweight” rating in a research note on Wednesday, January 29th. Morgan Stanley reiterated a “cautious” rating and set a $22.00 price objective (up previously from $21.00) on shares of Comstock Resources in a research report on Wednesday. Finally, Williams Trading set a $13.00 target price on shares of Comstock Resources in a research report on Wednesday, March 5th. Five research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $13.73.

Comstock Resources Stock Performance

CRK opened at $19.85 on Friday. The company has a 50 day simple moving average of $19.04 and a two-hundred day simple moving average of $15.78. The company has a debt-to-equity ratio of 1.27, a current ratio of 0.46 and a quick ratio of 0.60. The firm has a market cap of $5.81 billion, a P/E ratio of -26.11, a PEG ratio of 1.65 and a beta of 0.55. Comstock Resources has a 1-year low of $7.74 and a 1-year high of $22.06.

Insiders Place Their Bets

In other news, Director Elizabeth B. Davis sold 8,000 shares of Comstock Resources stock in a transaction that occurred on Monday, December 30th. The stock was sold at an average price of $18.17, for a total value of $145,360.00. Following the completion of the transaction, the director now owns 99,632 shares in the company, valued at approximately $1,810,313.44. The trade was a 7.43 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.00% of the stock is currently owned by insiders.

Institutional Trading of Comstock Resources

Institutional investors have recently bought and sold shares of the stock. VSM Wealth Advisory LLC purchased a new stake in shares of Comstock Resources in the fourth quarter valued at $27,000. Sunbelt Securities Inc. boosted its position in shares of Comstock Resources by 140.0% during the third quarter. Sunbelt Securities Inc. now owns 2,400 shares of the oil and gas producer’s stock valued at $27,000 after buying an additional 1,400 shares during the period. Sterling Capital Management LLC boosted its position in shares of Comstock Resources by 804.6% during the fourth quarter. Sterling Capital Management LLC now owns 2,958 shares of the oil and gas producer’s stock valued at $54,000 after buying an additional 2,631 shares during the period. Smartleaf Asset Management LLC grew its position in Comstock Resources by 225.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 3,359 shares of the oil and gas producer’s stock valued at $64,000 after acquiring an additional 2,326 shares during the last quarter. Finally, Quarry LP bought a new position in shares of Comstock Resources in the fourth quarter worth about $70,000. 36.13% of the stock is currently owned by institutional investors.

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.